NFU Mutual Smallholding Insurance

Author Topic: House worth?  (Read 436 times)

LeanneR88

  • Joined Jan 2014
House worth?
« on: June 17, 2019, 10:58:44 am »
Hi,

How much would you think a 3 bed property with 4.5 acres of land with stables in the Aberdeenshire area would be worth to purchase/rent?

Thanks
Voss Electric Fence

Scotsdumpy

  • Joined Jul 2012
Re: House worth?
« Reply #1 on: June 17, 2019, 01:02:34 pm »
You'd have to take that matter up with your solicitor. At the end of the day though anything for sale is only worth what anyone is prepared to pay - and what the seller will accept.

craiglang

  • Joined Jul 2018
Re: House worth?
« Reply #2 on: June 17, 2019, 07:53:39 pm »
Hi,

How much would you think a 3 bed property with 4.5 acres of land with stables in the Aberdeenshire area would be worth to purchase/rent?

Thanks

Hi this is such a hard thing to answer with any certainty, it all comes down to the area it is actually in ...? how well the property has been taken care of, what type of land is it, is it boggy, hilly etc the list goes on.

The best way to judge the price off any building with land attached is to look at local past sales of property. Property that is of similar size and acres of land will give you the best idea. You can do this using Google and looking over past sales in that area.

But also something that has also been mentioned, it will all boil down to what someone is willing to pay for it...?

docsal

  • Joined Feb 2017
Re: House worth?
« Reply #3 on: September 02, 2019, 03:52:47 pm »
I am sure there are too many variables to give a meaningful answer to this but we bought a semi-derelict croft with 4 acres in Aberdeenshire for £275, 2 years ago.

doganjo

  • Joined Aug 2012
  • Clackmannanshire
  • Qui? Moi?
    • ABERDON GUNDOGS for work and show
    • Facebook
Re: House worth?
« Reply #4 on: September 02, 2019, 07:30:26 pm »
Check on Zoopla and rightmove - average without land is looking like £200K
Always have been, always will be, a WYSIWYG - black is black, white is white - no grey in my life! But I'm mellowing in my old age

Scarlet.Dragon

  • Joined May 2015
  • Aberdeenshire
Re: House worth?
« Reply #5 on: September 09, 2019, 10:00:00 pm »
Depends on many factors, not least how close to the city you are.  A few years ago that was the kind of property every oil exec wanted so if within commuter belt you could be looking at half a million... if you were further out (e.g. Foggie, Banff or Huntly, you'd be looking closer to the 150k.  Since the oil collapse, a lot of properties are on the market and the prices are significantly lower than they were a few years ago... However, the market is still strong here and you'll find that local farmers will hoover up the crofts/smallholdings using their bank overdraft and sell off the house with a half acre garden for much the same price as the original holding cost them thereby getting the land for free... either that or they rent out the house and keep the land.  You could get Thainstone to give you an idea of price based on where the property is (or if they're the agent acting for seller Stewart & Watson would have a fair idea as they handle a lot of the properties further out).
Excellence is the result of caring more than others think is wise, risking more than others think is safe, dreaming more than others think is practical and expecting more than others think is possible.

 

Forum sponsors

FibreHut Energy Helpline Thomson & Morgan Time for Paws Scottish Smallholder & Grower Festival Little Peckers

© The Accidental Smallholder Ltd 2003-2019. All rights reserved.

Design by Furness Internet

Site developed by Champion IS