Omaze, win a house??
Discussion
Terminator X said:
Feels like it has been "on sale" for years though. Does anyone ever win their houses?
TX.
It's all on their website.TX.
The Cheshire house winner - https://omaze.co.uk/pages/cheshire
The Fulham house winner - https://omaze.co.uk/pages/london
The Cotswolds house winner - https://omaze.co.uk/pages/cotswolds
The Devon house winner - https://omaze.co.uk/pages/devon
The Wimbledon house winner - https://omaze.co.uk/pages/wimbledon
jakesmith said:
I CBA to look at the ticket price but say they’re £1 each, they need 5% of the population to buy a ticket to cover the costs. That involves investing in marketing and obviously the TV ads need to come out of their revenue. There are many of these comps and apparently it is unusual for them to complete / give the house away. The numbers just don’t work
You can’t just pluck a (wrong) number out of thin air and use that to determine what proportion of the population needs to buy a ticket. Why not just assume tickets cost 10p and then state half the country needs to buy one?They do have winners, there’s a list on their website showing who won.
Have entered majority of them, wouldn't know what I would have done with the houses if I'd won one though, wife probably wouldn't want to move and I don't think I could be arsed with the hassle of renting it out, would probably punt it straight away, but I don't think they're ever worth what they're stated their worth, not if you wanted a quick sale at least anyways.
KingNothing said:
Have entered majority of them, wouldn't know what I would have done with the houses if I'd won one though...
Similar story here:Cheshire - Wasn't aware of the competition when this one was running.
Fulham - Probably the most affordable to live in of them all. Entered and might well have kept it had I won, subject to landing myself a half decent job in London.
Cotswolds - Didn't enter after doing some research and discovering that the area was prone to flooding. Completely impractical to live there, potentially difficult to sell and couldn't afford to maintain it while trying to get rid.
Devon - Loved the house and entered but couldn't work out why they'd built it with the glass wall facing inland rather than out across the ocean. Missed opportunity for a spectacular view. Would probably have cost most of my wage just to heat the pool and would have gone straight on the market.
Wimbledon - Love the house but Rightmove sold prices for comparable properties on the street were circa £5m so would have sold up. Would then have built my dream house for £1m and retired on the cash left over.
Ascot - Entered but would sell. Looks like it adjoins other properties and possibly has shared grounds. May have big service charges.
Lake District - entered and would love to live there but I doubt my meagre wage would pay enough for me to live in it.
MitchT said:
Terminator X said:
Feels like it has been "on sale" for years though. Does anyone ever win their houses?
TX.
It was listed on Rightmove in 2019 for £1,750,000.TX.
https://www.rightmove.co.uk/properties/83293547#/?...
Sold in 2020 for £1,525,000.
Looks like the gym, sauna, outdoor covered seating area and conversion from garage to media room have happened since. Possibly the work mentioned above by Blakeatron.
Omaze are valuing it at £3m. While the work undertaken will undoubtedly have added value, and there has been some significant house price inflation since it last sold, I think £3m is still on the optimistic side.
https://www.booking.com/hotel/gb/post-knott-lodge....
Edited by KingNothing on Monday 10th January 10:50
mikey_b said:
jakesmith said:
I CBA to look at the ticket price but say they’re £1 each, they need 5% of the population to buy a ticket to cover the costs. That involves investing in marketing and obviously the TV ads need to come out of their revenue. There are many of these comps and apparently it is unusual for them to complete / give the house away. The numbers just don’t work
You can’t just pluck a (wrong) number out of thin air and use that to determine what proportion of the population needs to buy a ticket. Why not just assume tickets cost 10p and then state half the country needs to buy one?They do have winners, there’s a list on their website showing who won.
I said it was an example.
Even if you win and plan to sell, you're having to pay council tax in the meantime. If you can't sell it due to flood risk, that's a lot of council tax to pay even at the unoccupied rate. No idea what the council tax would be on that property, but even at £200/month - could you afford it?
LeadFarmer said:
Even if you win and plan to sell, you're having to pay council tax in the meantime. If you can't sell it due to flood risk, that's a lot of council tax to pay even at the unoccupied rate. No idea what the council tax would be on that property, but even at £200/month - could you afford it?
You let it out & use as incomeHonestly if it isn't a dream house for the person entering I'm sure there are better odds ways of having a gamble
LeadFarmer said:
Even if you win and plan to sell, you're having to pay council tax in the meantime. If you can't sell it due to flood risk, that's a lot of council tax to pay even at the unoccupied rate. No idea what the council tax would be on that property, but even at £200/month - could you afford it?
Yes, but if not I'd ask a friend to pay it and reimburse them when it sells, with a bonus.How much of a happy life are people leading that they need to enter raffles like this?
I think we'd all love the lifestyle, but could you sustain running costs?
Imagine living the "dream" for 12 months, changing jobs, cutting off local friends and lifestyle and the finding out you really need to sell it off and downsize.
I saw the flooded property months ago and thought it looked a bit fishy being so close to the river, hope it was fine this weekend just gone.
I think we'd all love the lifestyle, but could you sustain running costs?
Imagine living the "dream" for 12 months, changing jobs, cutting off local friends and lifestyle and the finding out you really need to sell it off and downsize.
I saw the flooded property months ago and thought it looked a bit fishy being so close to the river, hope it was fine this weekend just gone.
fourstardan said:
How much of a happy life are people leading that they need to enter raffles like this?
I think we'd all love the lifestyle, but could you sustain running costs?
Imagine living the "dream" for 12 months, changing jobs, cutting off local friends and lifestyle and the finding out you really need to sell it off and downsize.
I saw the flooded property months ago and thought it looked a bit fishy being so close to the river, hope it was fine this weekend just gone.
People like to gamble especially with the good causes side of things to go with it. They can fantasize about the prize for a while knowing that some money will go to good causes.I think we'd all love the lifestyle, but could you sustain running costs?
Imagine living the "dream" for 12 months, changing jobs, cutting off local friends and lifestyle and the finding out you really need to sell it off and downsize.
I saw the flooded property months ago and thought it looked a bit fishy being so close to the river, hope it was fine this weekend just gone.
Facebook is awash with raffles. For me its cars given my interests. And push bikes. And Omaze for some reason
Surprises me how its become so rife but people have made successful businesses out of it clearly.
There's a thread here: https://www.pistonheads.com/gassing/topic.asp?h=0&...
Seems some sites have taken the absolute piss with prizes, you can enter a draw to win x number of tickets for another draw.
I do occasionally have a dabble but only when the tickets are maybe £1. Some people spend £100s.
bonerp said:
so I get the impression Omaze are used to 'sell' houses with issues(?) to mugs like us who pay £10 for a raffle ticket then if we win stuck with a house that won't ever sell?!
Holiday rental....
Everything will sell at the right price, surely? If you can’t shift the “£2.5M” house at 2.5, try 1.5…Holiday rental....
fourstardan said:
That really is a poor showMind you a guy I know who runs a supercar garage did a post purchase inspection on a supercar recently and said the gearbox was sealed up with bathroom silicon
jakesmith said:
fourstardan said:
That really is a poor showMind you a guy I know who runs a supercar garage did a post purchase inspection on a supercar recently and said the gearbox was sealed up with bathroom silicon
fourstardan said:
i've just read that, and it sounds like a properclick bait story, There is nothing to add besides an moaning upset neighbour.Gassing Station | Homes, Gardens and DIY | Top of Page | What's New | My Stuff