Thursday, September 17, 2020

Online sales

 During the lockdown, most things were done online. People worked from home (still do, for the most part), we went shopping online, viewed shows, visited a museum, ... Also house or flat sales are becoming more popular being done online.

The house next to ours is for sale, after the death of Willy. And it's on Biddit, an online platform to bid and become the owner of this house. The house itself needs a lot of renovation, it's in poor order. Our neighbors did not have a lot of money and therefore could not do expensive renovations to their house. So the start price of the house was set on 125,000 €. Not a lot, but if you know I bought my house for only 25,000 € (of course, then it still was in Belgian Frank), it's not so bad. The online bidding started yesterday afternoon, and right now the new price is set on 126,000 €. I'm curious to see how high it goes, because we plan to sell our house in three years' time and then we at least have a clue how much it can go. 

Our house is in much better condition. We have an isolated roof, double glazing everywhere, central heating and a condensation heater. My sister has repared every little crack in the ceiling (it's an old house, almost a  hundred years old) and we have a modern kitchen and bathroom, plus a nice garden and terrace.

So I may expect to get at least 140,000 € for this old place. If we move to the coast, the cost of living will go down a lot, as you don't pay city taxes in Knokke-Heist. And costs of electricity, heating, internet etc. will be lower as well, as we only need to pay for one address. So - s not so important how much the house goes. It's a nest egg anyway. We both have enough income - I have a good pension and my sister may expect the same - and have already saved up some. And now we can't travel we save a lot - just come to consider we might have a mansion with a surrounding park if we had never spent a euro on travel...

The bidding will end next week Thursday at 2 pm. You can view it online. I'm curious!!

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