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Why is my home a much lower price than the house next door, as our house is exactly the same as theirs when bought?

Asked on Jul 15 2009, House Prices in Kirkcaldy | Report content

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  • Hello, I believe there is a question of property chemistry which can be made up of kerb appeal, colour, texture, garden design. Which influences the number of viewings as we work on law of averages scenario kerb appeal is all important as many people drive-by first before asking for details. Inside there is the question of how the house feels, colour, co-ordination, clutter and things like flowers. Look closely at the successful property and you will see the difference. All the best.

    Answered on Jul 15 2009, Report content
  • There could be a number of different reasons. Were your houses purchased for the same price at the same time? If their house is a different size/layout/condition then it may have gained/lost value at a different rate to yours. They may also have added value by doing improvements/extension/conversion. Also, the fact that both houses are for sale again at the same time could also affect the values of both, as if there isn't much demand, the value of both could be driven down by over-supply.

    Answered on Aug 12 2009, Report content

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