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How Much Land/Garden is Too Much?

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  • 08-05-2003 2:33pm
    #1
    MazyMo
    Closed Accounts Posts: 81 ✭✭


    I was speaking with a couple of auctioneers about rural houses, (not farms - no outbuildings etc).

    I asked, if a rural house had too much land with it, would this make it difficult to sell. They seemed to think that if a rural house did have over a certain amount of land, then it might reduce the number of interested persons when it came to resale; - again, I'm not talking about farms.

    One said if a house had over an acre then this might start to reduce the number of people who might be interested; though another auctioneer said it might be more like over 2 acres.

    Anyone have any thoughts about this?


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    #2
    Victor
    Registered Users Posts: 78,436 ✭✭✭✭Victor


    New home buyers want ease of maintenance, thats why they tend to go for new-build. People with families and older people are more willing to take on a bigger "handful". Therefore a large site reduces demand.

    One option would be to sell it in two lots (especially if you can get planning permission .....boooo!) - one for the house and part of the site, the other the empty part of the site.


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