Q&A - Ask An Expert
Answered Wednesday 18 February 2009 |
Hi Andrew, We are looking to sell our 105 year old Queenslander that is now way to big for the empty nesters. We would rather be living on our money than in our money. My concern is that current a lot of home in our price bracket are not being listed, so it is hard to compare for sale and or have comparisons for buyers. Is this because people are scared of the market? Worried they won't get their price? Or is the money just not there? We live in an area (Ipswich QLD) that seems to be still moving in the middle and low pricing bracket on an average of 36 day on the market. Do you have any advise for us, do we try the market regadless? Do we go to auction? or should we just sit tight?
Your advice would be helpful
So many questions - if your home is likely to be in the middle - upper sector of the local market, it is likely you will not be getting top$ at the moment and that might be very important to you if you are planning to downsize.
I suggest the move depends on your personal situation, are you planning to re purchase, what area, what type of home etc etc. The other concern I have is the fact the home is 'special' due to its age / style and in some market conditions buyers who realy love this type of home will pay a bit over the normal to secure, but that is just not happening at the moment.
If you are still stuck let me now at www.andrewwinter.com.au - my team and I are based within easy reach of your suburb if it needed.