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Only 3 bathrooms?
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I had very similar (the price differential wasn't as big but it was a shorter period) and to start with I was considering how much it cost, what the refurb cost would have been, etc and not getting anywhere near the asking price and it was making me thinking it was way overpriced and unsure what to offer.
Then I took a step back and thought that the price seemed reasonable for the area before I found out the previous selling price so it shouldn't really change my position much.
tbc
aggi
@rogan
also interesting, the place we really like was sold in 2017 for 465k.
Its on at 725k right now, it has had every single room refurbished, redecorated, 3 new bath, new kitchen. but still seems like a laughable increase.
also cannot find a single photo of it from 2017 sale which is strange