Originally Posted by
matts1
House prices are all over the shop mate, one thing for sure it that if the house is done up well it will sell.
A friend of ours had a place done out nice, got it valued at 114k 120k and 150k !!! so stuck it on the market at 150k to see what would happen, sold in a week to the first to view it.
Two other mates lived in the same road last year, both did there places up the same but one did it with lots of care and attention to all the little bits, proper prep and no cutting corners. His place sold in one day, actually within a few hours of going on the market, the other, who had kind of slapped it together took 6 months and at a much lower price.
IMO they key is going an older house that new build feel, lots of people don't like new builds for the build quality but like that 'ready to move in, brand new feel'. If you create that your on a winner.
Me and my brother are going to buy a place in a few months, do it up, sell it and do it all again for a few years. Aim for us is to create a modern stylish look on a tight budget, so hopefully it will pay off. The last place i bought has only cost 5k to do out and is already worth a good whack over what i paid for it.
totally... my house is a 1930's house and will have the modern feel and look.... i aim to do one a year for a few years to be mortgage free or in a big house with little mortgage by the time i'm 35 - 5 years.....
Should be easy enough if i'm carefull.