West Ryde - my IP for sale. Guess my final sell price?.

Discussion in 'The Buying & Selling Process' started by Gockie, 2nd Mar, 2016.

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  1. Gockie

    Gockie Life is good ☺️ Premium Member

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    Left side being living area or bedrooms? Living area has heaps of light, because of the large door to courtyard. Second bedroom not so much, but when the lights are on its fine. There are some trees outside that bedroom (it faces into pool area) but I don't like to cut back green leafy plant life much! :)
     
  2. Gockie

    Gockie Life is good ☺️ Premium Member

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    So she owns the one at Victoria Rd?

    Anyway... yeah... house prices seem to be only marginally cheaper than Epping and Eastwood. In 2008 it was significantly cheaper.
     
  3. Inov8ive

    Inov8ive Well-Known Member

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    The kitchen side I'm referring to with not so many windows but some people might feel more secure in that regard.
     
  4. Inov8ive

    Inov8ive Well-Known Member

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    It's on the corner of Victoria and Chatham Ave above Civic. Stepaside Studios
     
  5. Gockie

    Gockie Life is good ☺️ Premium Member

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    Yep. I know the one!
    ahh. Ok. It's actually bright when there's daylight. Light just streams in. I guess the paint colour helps.
     
  6. chylld

    chylld Well-Known Member

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    Listed one of my Sydney IPs last week. I was advised to take the opposite approach and use a price guide on the low side.

    Ended up having dozens of groups through and I think 8 contracts out in under a week. Some buyers waiting on the strata report which I subsidised and had sent out to buyers today.

    Think the strategy works as my agent had more buyers from whom to gauge market value, and now suggests that the price guide might be lifted slightly next week :)

    That said, good luck OP :)
     
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  7. Inov8ive

    Inov8ive Well-Known Member

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    Ok cool. Looks like a great little unit overall, can I ask why you're selling it?
     
  8. Gockie

    Gockie Life is good ☺️ Premium Member

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    Hmmm... its a dilemma! The sale that was 635k was full asking price. I do wonder if they should have asked for more. I dunno!
     
  9. chylld

    chylld Well-Known Member

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    Given previous sales history I would have considered a price guide of 600-675 just to catch all the people searching for max 600k. The property sounds solid so the more people you can get through the door, the more competition you'll have and hopefully the higher a price they'll drive :)
     
  10. Gockie

    Gockie Life is good ☺️ Premium Member

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    Good idea! But price guides can only have a 10% range. :(
     
  11. Gockie

    Gockie Life is good ☺️ Premium Member

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    Pm'ed :). Not selling for a negative reason, it's a positive reason. :)
     
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  12. chylld

    chylld Well-Known Member

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    600-660 would also work. Sydneysiders are plenty accustomed to seeing properties sell for over the price guide :)
    630-690 would be as high as I'd push it
     
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  13. Jacque

    Jacque Jacque Parker Premium Member

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    Good luck with the sale Linda! Hard to pinpoint without inspecting but given the current market in that area and sentiment I'd think $600-610K would be an achievable price. Alison is a good agent so you've chosen well there :) and she'll do her best to extract every last cent possible. Let us know how you go.
     
  14. Bentley

    Bentley Well-Known Member

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    my guess is $628K
     
  15. chylld

    chylld Well-Known Member

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    Putting my "first home buyer" hat back on from several years ago.

    As a tired buyer not familiar with West Ryde and with too many properties to look at, I would value it at $600k exactly as that's what it says on the Domain price guide.

    If another property was showing at the same time at less than 11.3% over the price guide amount, I'd inspect the other property and leave this one to a later week when the time slot frees up. After all I'm looking at 8-10 properties per day and don't want to miss out on possible bargains.

    If it never fits into the schedule, then I'll just drop it off the shortlist.

    Sorry if that sounds harsh but as a first home buyer, that's exactly how I'd think.
     
  16. JameZ

    JameZ Active Member

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    I'll aim high, 655k!

    My own property in W Ryde 2/2/1 on 20 Herbert st west ryde was kerbside valued at 700k last week to give you some perspective, was built in 2004 I believe.
     
    Last edited: 4th Mar, 2016
  17. Gockie

    Gockie Life is good ☺️ Premium Member

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    Thanks Jacque! I figured she was good agent... she leaves a good impression. I like her confidence. :)
     
  18. Gockie

    Gockie Life is good ☺️ Premium Member

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    How huge is my signboard! Looks like 2.7m to the top...
    (Compare it to the piddly Green one in the background with no details on it at all)...
    20160304_185755.jpg
     
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  19. neK

    neK Well-Known Member

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    I bought from grea. I don't mind their sales strategy. They managed to get an extra $10k out of me.

    1 bid only, sealed envelope.
    All bids from interested parties given to vendor.
    Vendor picks. Simple enough, yet still gives you a mindfk so u pay more.

    The agent continually hinted at a number, so I figured if I beat that number I would win. I did. Damn Jedi mind tricks
     
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  20. Gockie

    Gockie Life is good ☺️ Premium Member

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    Do you know the second highest offer price?
     

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