Property Market in Waterford

7upfree

spankmemunkey wrote: »

The next phase in FoxWood are starting at 235k I believe, well there;s one on sale on daft for 235 the prices just keep going up!!!

Crazy stuff. There's FAR better value in the second-hand market, in quieter areas.

hardybuck

7upfree wrote: »

Crazy stuff. There's FAR better value in the second-hand market, in quieter areas.

Such as?

spankmemunkey

hardybuck wrote: »

Such as?

I was on Daft there and there are quite a few good deals to be had, I'm not saying the one i have my eye on but there are good deals out there!

Harry Palmr

https://touch.daft.ie/waterford/bungalows-for-sale/waterford-city/27-brandon-way-earlscourt-dunmore-road-waterford-city-waterford-2010766/

Needs work but not bad area.

hardybuck

Harry Palmr wrote: »

https://touch.daft.ie/waterford/bungalows-for-sale/waterford-city/27-brandon-way-earlscourt-dunmore-road-waterford-city-waterford-2010766/

Needs work but not bad area.

Agreed but the difference between a D2 and A rated home is massive - I've made that switch before.

Harry Palmr

I tend not to worry about that as I hate central heating! And insulation can be upgraded over time.

hardybuck

Harry Palmr wrote: »

I tend not to worry about that as I hate central heating! And insulation can be upgraded over time.

You don't really need much central heating in those, your body heat nearly warms up the rooms.

I think you might be able to get as far as high C or maybe B with retrofitting.

7upfree

hardybuck wrote: »

Such as?

€245k in Foxwood v this for €245k?

https://www.daft.ie/waterford/houses-for-sale/waterford-city/no-44-bishopsfield-williamstown-waterford-waterford-city-waterford-1855828/

An_Toirpin

hardybuck wrote: »

Agreed but the difference between a D2 and A rated home is massive - I've made that switch before.

Sometimes, the BER is pretty unreliable so it is hit and miss. Plenty of A2 are freezing.

Deiseen

An_Toirpin wrote: »

Sometimes, the BER is pretty unreliable so it is hit and miss. Plenty of A2 are freezing.

Well then either they are not turning the heating on or the BER hasn't been done right.

An_Toirpin

Deiseen wrote: »

Well then either they are not turning the heating on or the BER hasn't been done right.

Second. Many new houses never get BERs, they sometimes only do one in a set number on a new estate.

hardybuck

Deiseen wrote: »

Well then either they are not turning the heating on or the BER hasn't been done right.

Or the builder has cut corners.

In my development you'll see every house has every window open for a lot of the summer because they're pretty much airtight.

Ventilation is very important as a result, that's another thing to watch out for.

Stopitwillya

Prices up over 10% in the last year according to daft.ie
Still a lack of supply in Waterford city and not much new houses being built.

TheQuietFella

7upfree wrote: »

€245k in Foxwood v this for €245k?

https://www.daft.ie/waterford/houses-for-sale/waterford-city/no-44-bishopsfield-williamstown-waterford-waterford-city-waterford-1855828/

Ridiculous prices! The economy in Waterford hasn't changed that significantly!

Deiseen

TheQuietFella wrote: »

Ridiculous prices! The economy in Waterford hasn't changed that significantly!

And how have you come to this conclusion?

TheQuietFella

Deiseen wrote: »

And how have you come to this conclusion?

Well tell me where the major investments have been made since 2009?
What major new companies have expanded their operational needs to Waterford?

Still no airport, no university, no plans for urban renewal of the city!

http://www.munster-express.ie/front-page-news/the-10000-jobs-plan/

I'm reading then this from The Munster Express and if that idiot has any involvement in this plan you can say goodbye to any further development
in Waterford!

<SNIP>

Wanderer78

Stopitwillya wrote:

Prices up over 10% in the last year according to daft.ie Still a lack of supply in Waterford city and not much new houses being built.

But doesn't supply always meet demand?

bullpost

Wanderer78 wrote: »

But doesn't supply always meet demand?

Only if its profitable to do so

Christy Browne

Deiseen wrote: »

And how have you come to this conclusion?

Don't you know TheQuietFella is an expert economist, city planner, politician and tourism marketer yet still manages to spend half the day ranting and raving on boards.ie

spankmemunkey

Stopitwillya wrote: »

Prices up over 10% in the last year according to daft.ie
Still a lack of supply in Waterford city and not much new houses being built.

Actually, there are a huge amount of new homes being built in Waterford at the moment.

The next phase of Foxwood is being released soon, They are A energy rated houses, as regards the BER I think i heard that when an estate is built they do a BER test on the first one, but that could have been just idle talk though but it wouldn't surprise me,

There are over 100 houses currently being built behind Musgraves at six cross roads, and Kill St Lawrence is also still under development, so to say there is a lack of supply isn't very well thought through, not to mention the amount of second hand houses on DAFT in Waterford

Maybe you should reword your statement??

robtri

TheQuietFella wrote: »

Ridiculous prices! The economy in Waterford hasn't changed that significantly!

well it obviously has as its sale agreed and the other developments are having no problems selling

Gaspode

Please attack the post and not the poster

Deiseen

TheQuietFella wrote: »

Well tell me where the major investments have been made since 2009?
What major new companies have expanded their operational needs to Waterford?

Still no airport, no university, no plans for urban renewal of the city!

http://www.munster-express.ie/front-page-news/the-10000-jobs-plan/

I'm reading then this from The Munster Express and if that idiot has any involvement in this plan you can say goodbye to any further development
in Waterford!

<SNIP>

No plans for urban renewal except for the largest ever FDI investment outside of the pale :rolleyes:

Stopitwillya

spankmemunkey wrote: »

Stopitwillya wrote: »

Prices up over 10% in the last year according to daft.ie
Still a lack of supply in Waterford city and not much new houses being built.

Actually, there are a huge amount of new homes being built in Waterford at the moment.

The next phase of Foxwood is being released soon, They are A energy rated houses, as regards the BER I think i heard that when an estate is built they do a BER test on the first one, but that could have been just idle talk though but it wouldn't surprise me,

There are over 100 houses currently being built behind Musgraves at six cross roads, and Kill St Lawrence is also still under development, so to say there is a lack of supply isn't very well thought through, not to mention the amount of second hand houses on DAFT in Waterford

Maybe you should reword your statement??

Ok
A lack of supply in decent areas.

Harry Palmr

What's decent? Houses can only be built on land that is sold and licenced for building. If you are renting and want to buy you'll take what you can get, if you are at home with mother you'll rent wherever you can.

Stopitwillya

Harry Palmr wrote: »

What's decent? Houses can only be built on land that is sold and licenced for building. If you are renting and want to buy you'll take what you can get, if you are at home with mother you'll rent wherever you can.

Foxwood are nice houses but the area is rough. Not the most desirable neighbours nearby. Foxwood is only a small estate anyway. Houses seem to be very slow going up there.
I thought the houses being built behind Musgrave were respond houses but could be wrong.
A new small estate being built beside Templars hall. Not a great area either.
Kill St Lawrence is not a bad estate by the looks of it.
There is also a new estate with just 14 houses going up at the back of Sherlock walk but again not the best of areas and not the most desirable of neighbours.
Over in ferrybank some nice new houses going up on the rockshire road but again it's fairly small scale. Houses look nice but pricy and would be a great area to live in if the north quays gets developed.

Lots of small bits here and there but not a huge amount of new houses being built and not all in the most desirable areas.

Harry Palmr

Desirable areas by their very nature tend not to have much scope for development beyond a point as they tend to be landlocked whereas your wind blown and rent heavy locales are often perched near the edge of town with the ring road or other main artery for company.

Anyway on the Williamstown road (desirable?) a big mixed development is planned - 350 or so and predictably there are plenty of objections submissions.

https://waterford-news.ie/2019/03/28/51-submissions-on-williamstown-development/

TheQuietFella

Christy Browne wrote: »

Don't you know TheQuietFella is an expert economist, city planner, politician and tourism marketer yet still manages to spend half the day ranting and raving on boards.ie

When you've made your money you can well afford to be all those things!

hardybuck

Harry Palmr wrote: »

Desirable areas by their very nature tend not to have much scope for development beyond a point as they tend to be landlocked whereas your wind blown and rent heavy locales are often perched near the edge of town with the ring road or other main artery for company.

Anyway on the Williamstown road (desirable?) a big mixed development is planned - 350 or so and predictably there are plenty of objections submissions.

https://waterford-news.ie/2019/03/28/51-submissions-on-williamstown-development/

It's gas how all the politicans have to come out making submissions on behalf of their constituents, but then they'll also criticise the lack of available housing.

Important to ensure that developments are done to acceptable standards and scale, but the NIMBYism is galling at times.

Harry Palmr

The only submissions mentioned that stand up to scrutiny are regarding traffic - the Williamstown road backs up about half a KM at peak times.