Yopa says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Lochar, Dumfries, Scotland. The asking price is £200,000. The property appears to be in excellent condition, with modern fixtures and fittings throughout. The kitchen and bathrooms have been recently updated, and the property is presented in a clean and well-maintained state. There is also evidence of a well-maintained garden with a patio area and a shed. The location is in a relatively new residential development, and while there is nearby transportation (Dumfries ScotRail station is 1.14km away), information on nearby schools is not available. More information on local amenities would be needed for a complete assessment of the location’s desirability. Given the average price per square foot in the area is £473, and this property is 907.61 sqft, a rough estimate of value would be £428,767. However, the average house price in the area is significantly higher (£664,853), and the average house size is also larger (1,405 sqft). The list price of £200,000 is considerably lower than both the average price and the estimated price per sqft calculation. This suggests that the property may represent good value for money, although further investigation into the reasons for the price discrepancy would be beneficial. The smaller plot size compared to other properties in the area may also contribute to the lower price.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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