Time To Get The House Valued - Optimized Blue Ocean1

Time to get the house valued

Well, we have made contact with a couple of estate agent and have arranged to have the house valued this weekend. We have no idea how much the house is worth but the outcome is going to be really important.

Ultimately and ‘worst case’ scenario; any equity we can get out of our house will be the cash that we live off whilst getting new job/s sorted out in Australia.

We’ve been in the same house for the last 9 years. It’s a decent sized, three bedroomed detached house with a garage on a quiet cul-de-sac and would make a pretty sound buy for anyone.

The house itself (for the first time in a long time) is looking in tiptop shape. Most of the house has been redecorated (keeping all the walls a very funky magnolia colour ;) ) and the Missus has done a sterling job de-clutering everything and sticking stuff in boxes which are now starting to form a pretty big pile in the garage.

New baby paranoia setting in

The garden has been tidied up and everything is now good to go.

We hope to make at least 50% on the original purchase price (which in 9 years should be pretty doable), this will give us a window of approx 12 months to rent something half decent and keep is in food and all other important stuff for the first 12 months in Aus if were not able to find work in this time.

Anything bigger then the 50% will extend this window. Ultimately, the best-case scenario would be to make the 50% profit on the sale of the house, move out to Australia, spend up to a month finding somewhere to rent whilst finding our feet! Get a job and use the collateral from the house as a down payment for a new house or land in or around Perth.

That’s the best-case scenario, so fingers crossed for this outcome.

The sale of the house also brings with it our first sad farewell. We’ve had a couple of Chinchillas for about 10 years now and originating from the cold mountainous regions in the Andes means that their lifestyle isn’t particularly conducive for the Hot Australia weather. To be honest, I don’t actually think we’d be able to take these critters to Australia if we wanted to so, a new home has had to be found.

The Yarra Valley - A Premier Australian Wine Region

Thankfully, one of the (top!) blokes at work also keeps Chinchillas and he’s agreed to take these guys on board. I hope to do the handover in the next couple of weeks. The ‘chinny cage’ takes up quite a bit of space in our dining room so it’ll be good to get sorted before we start showing people around.

Anyway, lets see what news the valuers bring

Written by Mark

As the founder of Getting Down Under, Mark is passionate about demystifying the process associated with a move to Australia. Having launched Getting Down Under in early January 2006 and made the move to Australia from the UK in the same year, Mark continues to share resources and support for those looking for assistance. If you have a question for Mark, please post in our Community Forums. Please note All information provided on Getting Down Under should be considered in conjunction with our disclaimer. Please seek professional advice if you have any doubts! 

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