Reasonable price to relinquish land?

Hi, all!

I'm currently scraping together money to buy a small lot, and I'm totally not picky; I don't care what city, and I don't care about the location within the ward.

That said, I'm on Exodus, and there are NO houses available. I saw one medium the other day, and it was snatched up almost instantly. So I see my options as either wait for 3.1 and PRAY they add more houses and that I can get to one fast enough, or try to pay someone to relinquish their lot. Given my work schedule, I'm pretty sure paying a player for their lot is about the only way I'll get one.

If there are no lots currently available, and the server price for a small is $4M (that's the max, but I'd rather over-budget than under), about how much should I be prepared to shell out to a player for the privilege? I hate to go looking for a seller, only to find that I've badly underestimated the price, and wasted their time.

Thanks in advance!

Also, while I haven't been able to find any reliable data on pricing, I have read that you should expect the seller to provide the building permit along with the sale. Is that correct?

expect to pay someone 8-10mil for relinquishing a small plot + 4-5 mil to buy the plot.

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Originally Posted by Laxxus

expect to pay someone 8-10mil for relinquishing a small plot + 4-5 mil to buy the plot.

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WOW just wow so People ask for 2,5 times of the highest Price that plot ever had??? ssrsly....

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Originally Posted by Tam_Hawkins

WOW just wow so People ask for 2,5 times of the highest Price that plot ever had??? ssrsly....

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I imagine it various from server to server. Considering no one from actually Exodus has posted here I wouldnt take it to serious.

Also there many factos to go into the price. Location, Ward number, Which residential area, and is person desperate sell (moving to big house) or house squatting.

On Faerie, personally I would give number anywhere between 200k - 800k.

Thanks for the info!

The prices for a small plot on Exodus range from $3.2M -- $4M, but I'm not aware of how to tell the grade of the plot except by checking the starting price. I mean, I could see something close to a market board and bell, or a scenic view being more valuable, but beyond that, I don't really know. How would you tell? And the funny thing is, I only ask because I don't want to pay premium price for a low-grade plot; I really don't care where the plot is--I'd take any small on the server.

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Originally Posted by Sylfaein

I'm not aware of how to tell the grade of the plot except by checking the starting price.

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Here is what you are looking for :
http://imgur.com/a/n7wzC#2 - Housing grades by plot.
http://ffxiv.consolegameswiki.com/wiki/Personal_Housing - Housing prices based on server, plot type, and size.

I hope this helps you in determining where and what kind of plot you are looking to buy. Also by the way it doesn't matter where the location is market board wise it's more about the view. There are some plots that are considered grade 5 even though they are smack dab next to a MB because they are surrounded by other houses and you don't get a view by the outside. It seems plot's are more graded based on view, size, and location of MB/ Overall location. Good luck!

Thanks so much, Buena! Those maps are precisely what I needed!

Good thing I don't like ocean-front property, eh? :P

Yeah I'm located on Plot 1 in the Lavender Beds. I personally like it a lot. Nice view on a waterfall and out into the mountains.

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Originally Posted by Tam_Hawkins

WOW just wow so People ask for 2,5 times of the highest Price that plot ever had??? ssrsly....

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It's economics, there's no supply and a ton of demand, of course people will take the highest price they can get. I personally bought my small house right on launch of the personal housing system, but I'd gladly pay 20mill to own one had I started playing after all wards were taken. Gil comes and goes but your house is there forever.

On Gilgamesh you can expect to pay 10+m to relinquish. Lots are 4m for smalls right after the relinquish. Also it all depends on the location of the plot to be honest.

Exodus is different than the big servers though, there were about a dozen medium plots unsold in goblet a month ago. Don't worry about them selling out in an hour when they add new wards.

That's awesome to know! How about the smalls, though? Did those hang around for a bit too, or did they get snatched up pretty quick? I'm not sure I can raise enough money for a medium.

I'm also worried because this time, there are FCs that are desperate for housing so they can build airships.

Small houses were still around for a few months after they added wards 7 and 8, the prime spots were snatched up fast though.

if i was a seller, i would not even think about it unless i was offered 6M.

4M is just to reimburse what they paid for the plot.
some more for what they paid for the permit.
some more for what they paid for furnishings that can't be retrieved.

6M is cheap. the earlier suggestions of 8-10M is pretty reasonable. if you can get it for under 6M, the seller is bad at math/money.

Seen people trying to sell small plots for 30-40m on Balmung but I don't think people biting.
Though I have seen one trying to buy a Mist or Lavender plot for up to 20m depending on location of the plot

That's very encouraging, ShouterTaru! Thanks! Maybe there's hope for me, yet.

In that case, I think I'll bide my time for the next few months until 3.1 hits. Heck, by then, I may have the money for a medium, at the rate I'm going.

For anybody who may be looking for an idea of pricing, as I was when I started this, here's what I found last night in searching for a small on Exodus:

10M for FC/fully-furnished house in Goblet (Did not take because he wanted someone to keep the FC.)

5M offer on small in Lavender Beds (One co-owner was waiting for answer from other before taking offer.)

2M for small in Lavender Beds (Owner only asked for 1M; I doubled it. Sold!)

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Originally Posted by Sylfaein

For anybody who may be looking for an idea of pricing, as I was when I started this, here's what I found last night in searching for a small on Exodus:

10M for FC/fully-furnished house in Goblet (Did not take because he wanted someone to keep the FC.)

5M offer on small in Lavender Beds (One co-owner was waiting for answer from other before taking offer.)

2M for small in Lavender Beds (Owner only asked for 1M; I doubled it. Sold!)

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Wow, thats awesomly cheap!
Some people want 15M+ on Ragnarok for a small house.

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Originally Posted by Alleyia

Wow, thats awesomly cheap!
Some people want 15M+ on Ragnarok for a small house.

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I know! He said he paid a million for it, and just wanted to break even; I didn't have it in me to do just that, so I doubled it of my own volition. I think it must have been good karma coming back after turning down that FC house since I knew I didn't have the time to maintain the FC like that guy wanted.

I just wanted to put this out here for people who, as I was, are hesitant to ask because of what the prices might be. I didn't have much of a budget, so I put it off. Last night, I just set something up PF to see if I could at least do some price-checking, and all three of these came from that. So don't give up, folks. Happy hunting!

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Originally Posted by Aseity

It's economics, there's no supply and a ton of demand, of course people will take the highest price they can get. I personally bought my small house right on launch of the personal housing system, but I'd gladly pay 20mill to own one had I started playing after all wards were taken. Gil comes and goes but your house is there forever.

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I would actually only expect the price to rise with time; not only will there be more gil in the economy, there will be fewer and fewer plots going on the market.

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Originally Posted by Risvertasashi

I would actually only expect the price to rise with time; not only will there be more gil in the economy, there will be fewer and fewer plots going on the market.

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New wards (+Ishgard housing zone) are expected to be added in 3.1, some folks will try to sell their houses before that happens. It may drop prices a bit.

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Originally Posted by Nyonmyan

(+Ishgard housing zone)

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Not coming for a long time, if ever.

New wards are just speculation too.

New wards are not speculation. They confirmed improving and expanding current zones. Which is why ishgard housing will probably never happen.

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Originally Posted by Etiken

Which is why ishgard housing will probably never happen.

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Ishgard is pretty much confirmed.

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A63. We’re currently working to solve the inconvenience in the extended wards, so we believe it’ll be after this. This is because we think we first need to create a transfer system for players who wish to move to an Ishgard area.

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So first thry want to fix current wards, 9 months later. Then they have to implement transfer system, 6 months later. Then they have to create the Ishgard housing area, 9 months later.
Oh and don't forget, these fixes and features will cause extra stress on the servers. You know, the same servers that can't handle giving every person a 3rd free retainer, the same servers that can't handle a plethora of features because they fear servers will become unstable.

So don't get me wrong, I never said it won't happen. I have faith that it will, but 2 years down the road after they decided to revamp however innefficient way they set some of this stuff up, and/or upgrade their servers tremendously.

Please SE, please prove me wrong. Make me look like a fool I beg you. The community I'm sure would love some definitive answers on when you will be able to handle some of these server breaking features, and I am 100% willing to become the laughing stock if it gets a response for everyone. XD

Ishgard wards definitely not expected in 3.1. That's misinformation.

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Originally Posted by Etiken

Oh and don't forget, these fixes and features will cause extra stress on the servers. You know, the same servers that can't handle giving every person a 3rd free retainer, the same servers that can't handle a plethora of features because they fear servers will become unstable.

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They are adding European servers in Q3.

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Originally Posted by Nyonmyan

They are adding European servers in Q3.

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That's awesome! I missed that information, would you mind linking the source to that? Thank you! ^.^

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Originally Posted by Etiken

That's awesome! I missed that information, would you mind linking the source to that? Thank you! ^.^

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http://www.pcgamesn.com/final-fantas...ark-knight-job

Sorry, what I meant was that I missed hearing the confirmation that they are releasing the new servers in Q3. Where has that been confirmed? Thanks! :)

I would be happy with just the amount I paid for to be honest. But people have been funny about that.

I don't think you'd get someone on Gilgamesh to relinquish their land (small) for anything less than 10+mil.

Let's say a current house owner spent 5mil on their property (land + permit).
And another 5mil on decorating (inside/outside); depending on the current deco 5mil might not even cover it.
Add a mark-up, let's say 5mil since there are no plots left and very few will give up their property for free.

This puts the selling rate at 15mil and then the buyer has to then re-purchase the land after it's been relinquished for a total of roughly 20mil give or take.

I definitely would love to see a housing transfer/sell system as well as a decay timer. Sorry but I think that if you haven't logged in to the game in 6 months you don't deserve to keep your property (all items would go to the housing reclaim vendor).

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Originally Posted by Syrehn

I don't think you'd get someone on Gilgamesh to relinquish their land (small) for anything less than 10+mil....

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That seems pretty accurate. My FC (on Gilgamesh) has been looking for a medium house for a little while now. After doing our research and asking a few prospective sellers, we are definitely budgeting 75 million for the complete effort.
33-35 mil for land relinquishment
17-35 mil for land purchase
10 mil for decorating

The purchase price is a little confusing:
As prices listed on website sources say 30-37 mil for Medium, while people on forums use 17 mil.
Source 1
Source 2

Making it more confusing are these Lodestone notes:
Housing Price Adjustments
Price Adjustments 3

I used to be on Goblin a smaller server, where the price definitely was 17mil but I know the prices on the bigger servers like Gilgamesh are suppose to be higher.

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Originally Posted by ChameleonMS

The purchase price is a little confusing:
As prices listed on website sources say 30-37 mil for Medium, while people on forums use 17 mil.

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30-37.5M is the base price, it goes down every 6 hours if unpurchached, down to the minimum price, which is half of that. You will need to pay full price to get the house. I'm pretty sure 2.38 was the last time they adjusted price:
http://na.finalfantasyxiv.com/lodest...6869b10e012e57

Quote:

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Originally Posted by ChameleonMS

The purchase price is a little confusing:
As prices listed on website sources say 30-37 mil for Medium, while people on forums use 17 mil.
Source 1
Source 2

Making it more confusing are these Lodestone notes:
Housing Price Adjustments
Price Adjustments 3

I used to be on Goblin a smaller server, where the price definitely was 17mil but I know the prices on the bigger servers like Gilgamesh are suppose to be higher.

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These might help!

http://imgur.com/a/n7wzC#2 - Housing grades by plot.
http://ffxiv.consolegameswiki.com/wiki/Personal_Housing - Housing prices based on server, plot type, and size.