There was an auction today for the house next door to us. It is almost identical though it is in better condition inside (our house will probably need AUD10-20k of refurbishment to put on the market I reckon). It doesn't have as good views/surroundings. The highest bid was AUD 690k from a bidder in another state on the phone and it passed in. Unless there was a post-auction negotiation, I guess we will see it on the market next week at a fixed price. Next week we should also hear from HSBC on how much their valuer values our house at.
P.S. 7 November
This house is now for sale at $829,500. In the meantime, the bank's valuer valued our house at $850,000. I guess they want to sell fast.
1 comment:
Were you satirical when mentioned that they want to sell it fast at 829,500 at the time when the highest bid was 690K?
It looks amazing from outside. You should see what AUD 830,000 would buy you in the UK near Oxford or London :-)
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