I would say to a hundred grand.
I've been trying to sell a 1-bed apartment in Ongar, Dublin 15 for ages. It's one of the lowest priced in the estate at just over €180,000.
It's a great estate. Near Dunnes, school, railway station, loads of other shops and buses.
I would say to a hundred grand.
http://www.daft.ie/1418495
here's a two bed in Ongar asking just under €200k, in a fall market why would anyone pay €20k less for a 1 bed?
Long term house prices tend to equal 3 X average industrial wage, so the average house price in Ireland will be 100K in a few years time, that puts shoeboxes under this value.
Long term house prices tend to equal 3 X average industrial wage, so the average house price in Ireland will be 100K in a few years time, that puts shoeboxes under this value.
I've been trying to sell a 1-bed apartment in Ongar, Dublin 15 for ages. It's one of the lowest priced in the estate at just over €180,000. There's about 15 1-beds for sale there. It's a great estate. Near Dunnes, school, railway station, loads of other shops and buses. How low do I have to go? I've already come down from €265,000. Haven't had a viewing in 3 months.
Why the industrial wage? Why not the average wage which I assume would be higher. e.g. average industrial wage is 30 something I think, average wage in the IT company I work in is 62k.
Hi legal, to have a better idea of what your apartment is worth, you might want to research how much such apartment would rent for.
OP ~ what does the apt owe you? What did you pay for it?
currently being let for 850 per month but that deal was done in september. 750 more realistic now i guess
Long term house prices tend to equal 3 X average industrial wage, so the average house price in Ireland will be 100K in a few years time, that puts shoeboxes under this value.
I find this statement highly irresponsible without underlying sources of information.
You said: "average house price in Ireland will be 100K in a few years time"
What do you base this on? Intuition? Research? Some crackpots opinion? Bitterness?
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