Useful info MYOB. I reckon it'll be first half of next year before we really get serious about viewing but there seems to be very slow turnover of houses this year so far. More or less the same places for sale for six months - nothing new coming along and the houses on the market are sitting there for quite a while.
Very interesting what you say about old vs new estates. Can only presume that it's partly a case of people needing to recoup some of what they paid themselves over the past decade or so. Parklands houses look very nice but the rooms are not massive and, as you say, it's hard to work out why they would be 100k more than houses in the older estates, notwithstanding the need for some upgrading work on older houses.
Next month the Property Price Database is due to be published so we'll have a better idea of what people are actually paying/accepting for houses.
I haven't properly started on the mortgage application rollercoaster but by all accounts it's exceptionally difficult, particularly if you're self-employed (which I am). Hard to imagine how people are finding 300k for ordinary homes in Maynooth. There can't be that
many people with cash savings, inheritances, parental gifts etc. which take them into that kind of bracket.
I know that place in Carton Court for 180k has been up for a while and may be imperfect but from a selfish point of view it's encouraging to see decent homes for < 200k. There are also three-beds in Beaufield and Meadowbrook, as you've probably seen for 175k/180k. It's not just that I don't think that houses in newer estates are 'worth' >250k it's also that getting a mortgage for even half of that could be a major pain for someone who doesn't have a permanent job.
Good luck with the search. Maybe this time next year I'll see you at a residents' association meeting
Originally Posted by MYOB
All the 1970s-early 90s estates are the cheaper parts of the town, generally - Maynooth Park, Carton Court, Kingsbry, Beaufield, etc. The south of the town around the Straffan and Rathcoffey was developed up more earlier.
The newer estates still seem to be asking for more money, whether they're getting it is another question entirely. These would be Parklands, Newtown Court, Moyglare Village etc.
I'm in the process of attempting to buy here myself (already live in the town for quite some time) and there's often a differential of six figures between similar sized houses in "older" and "newer" estates, even houses that have had double glazing and newer heating installed. Doesn't cost six figures to rectify insulation etc so its definitely worth looking for an older one - they're often larger (but smaller gardens) too.
With that specific house, I think they've done some trickery on the kitchen shot, from memory of how those are laid out. Kitchen is really, really small in them.