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Anybody bought a "new build" well below asking price?

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Old 19 September 2010, 10:48 PM
  #31  
Gear Head
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Originally Posted by ScoobyWon't
I think building regs between now and what they were in 1910 may be slightly different....

Old 20 September 2010, 08:35 AM
  #32  
fatscoobfella1
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^^^^^^^^^^^^^^^^^

Yea that statement is laughable aint it...

Are you seriously suggesting that a modern new build propery is better built than a property that was built in 1910-1920 ??

Building companies like Barrett,Persimmon et al all use the cheapest materials to knock out the new builds...FACT...

Editted to say............ Seeing that you didnt answer my earlier Q,i had a scout around my local area for comparison between new build price and old house prices..

A 4 bed new build with garage ranges from £250-£270k. The equivalent in an older home is £400-£450,with the really desirable 4 bedroom old stuff going for £700k+

Wonder why that is ??

Last edited by fatscoobfella1; 20 September 2010 at 08:44 AM.
Old 20 September 2010, 09:41 AM
  #33  
ScoobyWon't
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Originally Posted by fatscoobfella1
^^^^^^^^^^^^^^^^^

Yea that statement is laughable aint it...

Are you seriously suggesting that a modern new build propery is better built than a property that was built in 1910-1920 ??
What I was suggesting is that you cannot compare the two easily.

In terms of energy used per annum, a house constructed to meet 2008 levels compared to one meeting the levels from a house constructed in 1975 is vast. For example, building a house of the same size and to the same design would leave you with (per annum):

2008 property: 20,000 KWH or 3.9 tonnes CO2
1975 property: 84,300 KWH or 16.4 tonnes CO2.

Energy regs became part of the building scene in 1976 and since then they have been tightened up. The U value which is used to measure the energy efficiency has changed in this pattern you can see it for walls:

1976: maximum U value 1.0.

1981: maximum U value 0.6.

1990: maximum U value (wall) 0.45 or 0.6 if you are using double glazing.

1995: maximum U value (wall) 0.45 using double glazing or not.

2002: maximum U value 0.35 (0.3 in Scotland), (first requirements for windows and doors to meet U values introduced, boiler energy-ratings must meet set standards, new heating must have thermostatic controls, energy saving bulbs must be used although not exclusively).

2006: maximum U values not published, however a property must meet a requirement where the CO2 released per m square fits the requirement. It's somewhere around 25kg/m2/annum.

The regs are expected to be tightened again in 2013 and 2016 making it harder to compare a new build to an existing property.

Even in terms of door locks the NHBC have set a requirement for standard BS3621 (five lever locks) and factory glazed windows which meet BS7950 for security which will be more secure than a single glazed panel with a push down handle.

The big question is what does "better built" really mean?
Old 20 September 2010, 11:37 AM
  #34  
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Originally Posted by fatscoobfella1
^^^^^^^^^^^^^^^^^

Yea that statement is laughable aint it...

Are you seriously suggesting that a modern new build propery is better built than a property that was built in 1910-1920 ??

Building companies like Barrett,Persimmon et al all use the cheapest materials to knock out the new builds...FACT...

Editted to say............ Seeing that you didnt answer my earlier Q,i had a scout around my local area for comparison between new build price and old house prices..

A 4 bed new build with garage ranges from £250-£270k. The equivalent in an older home is £400-£450,with the really desirable 4 bedroom old stuff going for £700k+

Wonder why that is ??
Well then you are not comparing £270k homes new vs old then are you!
You are comparing a 270k new build with a 400k older house!
Kind of blows a hole in that argument doesn't it.

And, as for your comment about older houses being better built because they used the most expensive materials, what world are you living in?
There is ****eload more insulation in my new house than my mums 400k 1930's house that's for sure.
She does have a huge garden and a double garage but it is double what I am paying for my house! DOUBLE!

Last edited by Gear Head; 20 September 2010 at 11:43 AM.
Old 20 September 2010, 01:10 PM
  #35  
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Originally Posted by jasey

If they do say no - I'd walk telling them to call when they change their minds.

That's what I did. But by the time they gave in and offered me the property I'd wanted at the price I'd wanted it, I'd changed my mine anyway.
Old 20 September 2010, 05:31 PM
  #36  
fatscoobfella1
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Originally Posted by chrispurvis100
Well then you are not comparing £270k homes new vs old then are you!
You are comparing a 270k new build with a 400k older house!
Kind of blows a hole in that argument doesn't it.

And, as for your comment about older houses being better built because they used the most expensive materials, what world are you living in?
There is ****eload more insulation in my new house than my mums 400k 1930's house that's for sure.
She does have a huge garden and a double garage but it is double what I am paying for my house! DOUBLE!
Your just not getting it are you

..

Shoving more insulation into a house doesnt make a house better built!!!!!...........lol.........

What on earth are you on ?

When i compared the house prices,i was comparing same houses...IE,a 4 bed house with garage...
Old house costs 400k,new house £250k......There is a reason why there is a huge disparity in the house prices...

If your talking about what you can get for your 250k,then yes on the face of it you get a 4 bed house with a garage..
BUT...the actual size of what your getting is only similar to an old large terraced house..

But that said....Hyperthetically I suppose it always sounds more impressive in the pub when you say..."yes,just bought a 4 bedder with en suite and garage"..

Suppose that impresses a certain sector of society.


I guess for some people a new build is the way forward.And that is fair enough.But dont let all the freshly painted rooms and loads of flashy spotlights fool you...



New builds shove the maximum amount into the minimum area..
Old 20 September 2010, 05:45 PM
  #37  
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Originally Posted by fatscoobfella1
l.



New builds shove the maximum amount into the minimum area..

Its not the builders fault even though they will be more than happy to do it, the government told them say 10 years ago they had to build more properties on less land hence why we hve an abundance of crppy 3 storey houses and why most houses are virtually next to each other.


As for comparing prices of an older house to a new house and its always area as the land will be a premium, if a builder could build new houses in the area where the houses are £400k the new houses would be that price or dearer.

Can you tell e one serious reason why an older property is better than a newer property and you can't use area or room size as they are all dictated by price and new builds do have quality sized rooms if you pay the price
Old 20 September 2010, 06:01 PM
  #38  
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Well location and room size are the 2 biggest things when buying a house...I hope you would agree with that,so your not leaving me much.

But... i would say that the actual structure of the house is better on an older home.Im 100% positive that internal structure work on an old house is far superior than a new build.They is absolutely no studded walls or plaster board in my house.Some new builds dont even have plaster on the walls,just boards,tape and paint!!! If you think that there is any kind of quality in building a house like that,your nuts!!
Like you said on another thread,its all about cost and modern builders arent getting the rates they want so building quality suffers,that we can agree on.

Windows,heating systems and everything internal can be exactly the same on any new or old build,so thats negated i guess....

Tell me Steve,what kinda house do you live in? And what would be your 3 main requirements when buying a home ??
Old 20 September 2010, 06:18 PM
  #39  
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I said on another thread you quoted that I live in a 1930's house as its all about the area At the time I bought mine I could only afford a new build 3 bedroomed detached in a not so good area which I did not want 4 years later if I traded my property in I could of bought a huge 4 bedroomed detached in the area I didn't like.

modern houses are better than older houses due to having everything you want ie 3/4 bathrooms, driveways and garages, utility rooms etc, boarded walls have replaced solid plaster as its warmer and there isn't the labour out there that cn do this work as its a dying trade Modern houses have concrete floors which maintain heat and keep for a warmer home as to why boards are used as once painted plasterboard walls are warmer as compared to solid plaster. A new build is a walk in and live where a unless you have rented accomodation for a while which is what I did You have to do the house up while you live in it and its a nightmare as you see all the times people are ripped off from cowboy trades etc.

Also you can't tell me you plan on buying an older £400k house in your area then gut and renew everything as you posted most people plan for this
Old 20 September 2010, 06:18 PM
  #40  
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dam double post, so good it was worth saying twice

Last edited by stevebt; 20 September 2010 at 06:19 PM.
Old 20 September 2010, 06:24 PM
  #41  
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fatscoobfella

If someone built a brand new house exactly the same as yours next to your 30's house with exactly the same floor area and garden area, what do you think the price difference would be?
Old 20 September 2010, 06:49 PM
  #42  
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Well they couldnt as i live in a conservation area..And i dont live in a 30's house either...

But i guess that if an identical house was built,but out of new materials and new building methods then i would guess it would cost £60-80k less than mine..

If it was an identical house,built out of identical materials and identical building methods then i would guess prices would be similar,maybe more,im not sure on costs of building materials....There would be no reason for it not to be,a new build built the traditional way,with traditional materials would be a great house to buy...I dont think it would be commercially viable for a builder to build a house "the old way" for resale..

Im not saying custom new builds are bad,im talking about the thrown together housing estates built by the big housing companies..

Steve... No i wouldnt buy a 400k house and gut it,unless it was a financially viable thing to do..

What i meant was internally an old house and a new house can be the same..

Example...My house has got stone floors,but has underfloor heating.Its not cold in the slightest.We also have a modern heating system so cold isnt an issue..

A kitchen and bathroom that wouldnt be out of place in any modern home.

Just because i live in a 200 yr old house doesnt mean i cook on the fire,and bath in a tin bath..

The warmth factor of a house just isnt relavent..Yes,a new house is more efficient.But nobody would buy a home because of it...
As for internal walls made of 3x2 and plaster board being warmer,that maybe so but they do not insulate sound well,you cant mount anything on them and in general its a shoddy way to build a wall....Slam a door and they all wobble and vibrate like a cheap film set!!...

Last edited by fatscoobfella1; 20 September 2010 at 06:50 PM.
Old 20 September 2010, 08:57 PM
  #43  
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http://www.rightmove.co.uk/property-...?premiumA=true

What are peoples views on this property? As not all new builds are piled on top of each other, I know there another house close on one side. You get what you pay for like everything.

Last edited by Jimpreza; 20 September 2010 at 08:59 PM.
Old 20 September 2010, 09:17 PM
  #44  
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Looks Ok to me .
Get it bought !!!
Old 20 September 2010, 09:40 PM
  #45  
fatscoobfella1
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It is what it is.....

A new build on a housing estate..

Big plot,but that immitation inglenook fireplace is obscene..



What else can £725k in your chosen area ?
Old 21 September 2010, 09:19 AM
  #46  
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We are all different (thank god!) and hence like different things.
Yes, I would rather buy a nice shiney new house in a nice area, with a 10 year warrenty on the building and a 5 year warrenty on the internals/appliances.
We did look at older properties and although we could get a similar size property for our budget, every house we looked at needed a lot of work, some in the region of 20-30k, which is another 10-15% on top of what we had to spend.

Cost, location and space were our top points to consider when we were looking.
And when I say cost, I refer to the running and maintaining of the property as well as the purchase price. Unless I spent practically double our budget on a property that had been completely re-wired and had new insulation, roofing and central heating, I would never be able to get an older style property with next to zero maintainence costs for the next 10 years.
This is important to us as we are planning on starting a family in the not to distant future and money doesn't grow on trees.

There are good schools in the area, lots of open spaces and walking areas, we are 1.5 miles from the coast and can see the sea from our windows.

Plus, my mums partner is a recently retired Ward-Homes surveyor which obviously comes in very handy as he has been taking care of the finish of our property. Our foundations were originally built for a larger property but as they were not selling, our property which is one size down, was built in its place. So as far as foundations go, I doubt we will have a problem!

I can see the appeal of the older houses, but with starting a family, we wanted a place that we could just 'move into and live' and not have to worry about large gas/electricity bills or unforseen maintainance costs.
Old 21 September 2010, 09:58 AM
  #47  
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you don't have to justify your choice to anyone

enjoy it -- and well done for getting a sea view, I would love one and they are not easy to get these days
Old 21 September 2010, 10:58 AM
  #48  
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Cheers!

Not trying to justify anything to anyone. I was just explaining my reasoning behind our purchase.
It does wind me up though when people slag off new builds without even seeing them first!
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