Just out of interest - In a well settled area you expect little sales and very few rentals. Not doubting that its a nice area but it seems a little contradictory.There are often houses for sale in it, well established, rented houses being sold which is great for others who have been here from beginning. .
Good summary Bobsworth. My own (amateur)sense is that prices in Castleknock/ Carpenterstown in the "mid market"range have come down about 10% or more
It is a good summary Bobsworth and all your points we have considered and even discussed. As i said we looked at Hamilton ourselves as liked look of estate and even considered semi d as all detached were gone but for house we wanted the Lavery the aspect was northfacing. Not going to swap a lovely 3bed for that for 100k. We are still looking at detached and something will come up even if it does need work, in long run we consider it a better jump for us. Fact they are dropping hopefully will work in our favour, bidding at moment on that basis.
...Just out of interest - In a well settled area you expect little sales and very few rentals. Not doubting that its a nice area but it seems a little contradictory.
As taytoman said, there has to be a yield to a landlord if they are buying somewhere as an investment to rent out. ...
Hi Pauric. I've been lurking on this post for ages. Like most people posting, we are in the area and thinking about moving but didn't jump for Bracken (price and mixed nature of the development) or Hamilton (just not quite the right house types for us, and also a bit unnerved by the pace at which it sold, to be honest, having bought in 2006 when the world was similarly crazy). Maybe we are paralysed by inertia, but we are waiting now for Diswellstown Manor. Re your question, I would have concerns about re-saleability. The 3 bed detached is a somewhat unusual house type. Folk with the budget for a detached are usually looking for an extra bedroom and a bigger garden also. There's a lot of 3 bed semis in the area that this house would be competing with if/when you went to resell. You wouldn't really be able to compete with the larger detached houses. Yet you're probably paying somewhere in between (noting I don't know what the 3 bed detached houses you mention are asking). But that's just my view. We will probably still be looking in another ten years time!!!
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?