Post to Facebook on 23/8/19 at 10:58 AM
Commenting on “East Melbourne luxury apartment’s price discounted by up to $10 million”
https://www.domain.com.au/news/east-melbourne-luxury-apartment-discounted-by-up-to-10-million-872651/
A vendor can ask for any sale price when putting a property in the market or just testing out quietly, but that does not mean buyers will pay the asking price. The deal is only sealed if a buyer is willing to pay at the final asking price, and accepted by the vendor.
I find it amusing to read about properties worth millions of dollars require a kitchen. I wonder who do the cooking, and what sort of meals are produced from the kitchen.
Without doubt many luxurious properties have very good view, even 360 degree view to the surround. Two critical questions one must ask are:
How often do you sit down or get close to the full length windows to enjoy the view?
When looking down from higher ground, do you see all the ugly roof tops or untidy backyard of the neighbourhood down below?
After the initial excitement, a view is just a view, and once the novelty wears off, you may want to move on.
My accountant used to have an office facing the bay. Through the "picture window", I enjoyed viewing the calm sea and occasional yachts or boats sailed pass slowly at the distance. In fact, the speed was so slow, I could hardly detect it.
A few years later, the accountant moved to an office close to a main road. He told me that enough was enough, because the office is a workplace, and no matter how good the view was, the bay was "lifeless" most of the time. He preferred to see moving vehicles and people walking in the street.
Like stories I heard before, the scene of a coming big storm with howling wind, turbulent water and glooming dark sky, was shockingly depressing.
How often do you go to Mt Fuji, Grand Canyon or climb Uluru? How often to you visit the same restaurant for your night out? How many times have you view from a revolving restaurant "on top of the world"? Once or twice may be the maximum.
When you are buying a property and establish your home in it, do not pay something with just a WOW factor. That can set you back a fair bit without any added value of happiness and warmth.
Thank you for reading.
Commenting on “East Melbourne luxury apartment’s price discounted by up to $10 million”
https://www.domain.com.au/news/east-melbourne-luxury-apartment-discounted-by-up-to-10-million-872651/
A vendor can ask for any sale price when putting a property in the market or just testing out quietly, but that does not mean buyers will pay the asking price. The deal is only sealed if a buyer is willing to pay at the final asking price, and accepted by the vendor.
I find it amusing to read about properties worth millions of dollars require a kitchen. I wonder who do the cooking, and what sort of meals are produced from the kitchen.
Without doubt many luxurious properties have very good view, even 360 degree view to the surround. Two critical questions one must ask are:
How often do you sit down or get close to the full length windows to enjoy the view?
When looking down from higher ground, do you see all the ugly roof tops or untidy backyard of the neighbourhood down below?
After the initial excitement, a view is just a view, and once the novelty wears off, you may want to move on.
My accountant used to have an office facing the bay. Through the "picture window", I enjoyed viewing the calm sea and occasional yachts or boats sailed pass slowly at the distance. In fact, the speed was so slow, I could hardly detect it.
A few years later, the accountant moved to an office close to a main road. He told me that enough was enough, because the office is a workplace, and no matter how good the view was, the bay was "lifeless" most of the time. He preferred to see moving vehicles and people walking in the street.
Like stories I heard before, the scene of a coming big storm with howling wind, turbulent water and glooming dark sky, was shockingly depressing.
How often do you go to Mt Fuji, Grand Canyon or climb Uluru? How often to you visit the same restaurant for your night out? How many times have you view from a revolving restaurant "on top of the world"? Once or twice may be the maximum.
When you are buying a property and establish your home in it, do not pay something with just a WOW factor. That can set you back a fair bit without any added value of happiness and warmth.
Thank you for reading.
