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[Closed] Houses - intrinsic value v market value?

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My suspicion on covid affecting values is that if yo want or need to sell quickly it will be a buyers market but if you can afford to wait then you will still get a good price from someone who wants that particular house / flat.

My flat will only ever have a limited market. Too expensive for first time buyers and more expensive than a better flat half a mile away - and the 104 stairs will put people off. But someone who likes it will pay for it as there isn't another flat like it - location and odd shapes


 
Posted : 05/07/2020 10:51 pm
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My suspicion on covid affecting values is that if yo want or need to sell quickly it will be a buyers market but if you can afford to wait then you will still get a good price from someone who wants that particular house / flat.

Short term... Like the next 4 weeks your probably right.

Medium term the music is certainly sounding like it's going to faulter due to job losses and redundancies affecting affordability .


 
Posted : 05/07/2020 10:54 pm
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I have a soft spot for The Shore. The first flat I rented when I moved to Scotland was on Sandport St. The area around the foot of the walk, Great Junction Street and Duke Street is still a shit hole though.


 
Posted : 05/07/2020 10:59 pm
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