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Old 06-26-2020, 07:55 PM   #1
Philip67

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Default Selling house, 20 year old boiler?
If You were in the process of buying a house that had a 20-year-old (although working) boiler, would you consider that it needed replacing and try to negotiate a lower price on that basis? If so, how much do you expect to lose?

We are looking at a newer, more efficient boiler and wondering if the financial indicators will add up. Our current one is ~ 15 years old and we will most likely move in 4-5 years, probably not long enough to recoup the cost of fuel economy, but if potential buyers try to knock a few kilos off to replace it, then it obviously has something to do with it
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Old 06-27-2020, 07:29 AM   #2
somers

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It’s up to you whether you accept an offer. If the boiler works, you’re selling the house with a functioning hot water and heating system and you’d be hard pressed to justifiably knock down the prices. Of course people will try anything to save a few quid. I sold my old flat with a 20 year old perfectly functioning boiler and it was never mentioned. Get the boiler serviced and ensure you have a gas safe certificate and you’ll be fine. I would only replace the boiler if it broke in your circumstances as you rightly say you’re unlikely to recoup the cost of installing a new one while you’re living in the property.
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Old 06-27-2020, 09:55 AM   #3
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If the boiler works, I don't think it's worth to change it. You can invite a repairman to confirm for example that the boiler is in good condition and works. When you’ll start selling your house, be prepared that buyers will negotiate the price not only because of the boiler. I don't like to haggle the price, so when I was selling my house, I turned to a company that buys real estate. https://www.thepropertybuyingcompany...ell-house-fast They bought my property for cash and they did it fast with great customer service and support throughout. That’s why, I would recommend The Property Buying Company to anyone selling their home.
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Old 06-27-2020, 01:32 PM   #4
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Old 06-27-2020, 01:37 PM   #5
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Old 06-29-2020, 10:29 AM   #10
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