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What would you offer for these properties?

Comments

  • #2
    Gone West
    Registered Users, Registered Users 2 Posts: 6,374 ✭✭✭Gone West


    The second one is described as "in interesting condition".


  • #3
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    Property 1 appears to have reasonably modern electrical wiring, velux windows, and insulation. It looks rudimentary (to say the least) inside. It comes with an acre. I'd say around the 35k mark- given its location, would be fair value. I do think 30k would be undervaluing it though- its a reasonable expectation that it would achieve 5-10k more than this.

    Property 2- 'in interesting condition'. Lets just say- its lucky its BER exempt (and I wonder on what grounds its exempt). To make this habitable and bring it up to modern standards- would involve gutting it, and starting afresh. Its a massive project. Unless you're an unemployed builder with a masochistic streak- avoid. Without a damn good explanation- its not worth offering anything at all for.

    Property 3- remarkably good condition and on 2 acres. Its probably priced in a reasonable manner. The internal decor is very dated- but you definitely have something you could work with here. Only issue- location. Looks like it has a new roof- and is probably fairly well insulated. Somewhere around the 40k mark?

    Property 4- Aghamore, Co. Leitrim. I think we're on another 'lets gut it and reubuild it' with this one. If you could allow a flock of marrauding sheep into the garden for a few days- the place might look a little better. Its priced well- but only for someone with a serious amount of time and money on their hands. 30k? It could be made a lot more attractive if they just tidied up outside.

    Property 5- ok, you could walk-in and live there- providing rural Leitrim is to your liking. Its a new build, probably well insulated- and looks thoroughly modern inside. My only quibble is that it looks like a new-age church from outside. Apparently its part of a holiday village- so are you buying freehold or leasehold? This is the only property of the 5 so far- worth a punt on (and even then, only if you're particularly fond of the area. Price (35k) seems reasonable- but location could well be a big issue.

    Property 6- Who-ever took the photos deserves to be knee-capped. How difficult is it to hold the camera straight. Also- are these really the best photos you could take? It looks like an old family home from the 60s/70s- with a nod to modernisation in one living area and the kitchen (and a decent back door). It needs massive updating- and is probably a bitch to heat in the winter. The 60k asking price would appear to be purely hypothetical. 40k might be more reasonable. There are far better properties out there for far less than the owners expect to get for this.

    Property 7- two of the photos show mould on the walls- including in one of the bedroom shots. Property looks like something that escaped from 1960s Torquay- you'd almost expect it to be a boarding house with the roof length alcove. Perhaps someone might like it. I don't. 40k- maybe someone might bite- I know its 100% certainly not to my liking.

    Property 8- It looks ridiculously dated from outside- but remarkably ok inside. I don't like the buildings- or the location. Its cheap though. Given the amount of work already gone into this- its a possible for a reasonable holiday home for someone? 40k might be reasonable- if you like the location- I don't. For location alone, I'd put it around 35k- and thats only because the interior is ok.

    Property 9- 3 storage buildings that look like lock-up facilities? What the hell? 58k? Someone is being terribly optimistic. The interior is doing its best to be inoffensive. Maybe 40k?


    Property 10    - I suppose it was inevitable that there would be one in Carrick-on-Shannon itself. If there weren't thousands of vacant properties in the neighbourhood (which there are) it might be worth a punt. As-is- nope, avoid......... On the basis of very limited rental potential- maybe 20K (there are also management charges associated with this property too.


  • #4
    the_syco
    Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=724392

    IMO, 30k or under
    Not bad.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=723272

    Decent price but if buying would offer 27k
    BER exempt? Would check if it's a protected stucture, and run a mile if it was.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=719720


    reasonably priced but would offer a cheeky 30k
    Not bad. The barn is a possible extra. The facilities would suit someone who needs access to a workshop, tbh.

    Although it looks fairly modern, the walls look thin and no added insulation. Added to that, the electric heaters in pictures 11 and 13 (2 out of the 3 bedrooms) makes me think it'll be cold at night.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=726153
    Looks like two houses next to each other being sold?
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=724810
    Doesn't look too bad. Located here, it looks half decent, modern enough inside, walls look thick enough to possibly include insulation.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=723384
    Meh. Outside looks a bit bare/untreated.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=716933
    Strikes me as something that needs modernising, or at least some money sank into it.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=716255
    Although the main house looks solid enough, the add-on kitchen and bathroom looks like it has absolutely no insulation. The metal roof doesn't score any points with me either; the entire house looks like it hit a snag, and finished off cheaply.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=714107
    Looks like a sum of money will be sunk into this overtime.
    yoloc wrote: »
    http://www.daft.ie/searchsale.daft?id=714098
    It looks like a new build, but is only a D1? I'd avoid.


  • #5
    yoloc
    Registered Users, Registered Users 2 Posts: 375 ✭✭yoloc


    Great replies. Sitting wondering how long these properties will stay on the market for. IMO, quite a few years seeing as they are well over priced. Its amazing how people out there really think theyd get that kind of money for said properties, theyll be waiting along long time untill these sell


  • #6
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    A little bit of inventive advertising and perhaps you might persuade some Germans of the charms of rural living. Given- its not West Cork- but perhaps some opportunistic advertising might pay dividends. There is still a reasonable sized German expat community in the Mayo/Roscommon area- so if people were realistic, just maybe someone might bite? The prices being sought are OTT for most of the 10 properties in question (with a few notable exceptions- including the one that looks like a new age hippie church).


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  • #7
    yoloc
    Registered Users, Registered Users 2 Posts: 375 ✭✭yoloc


    What about these ones conductor.



    Alot of house for this kind of money with very little work needing done.

    http://www.daft.ie/searchsale.daft?id=713214


    Well over priced IMO. Prob 120 max. Good location for the keen fisherman though so prob why its priced at this

    http://www.daft.ie/searchsale.daft?id=709401


    LOL, someone still living in the boom years here id say lol

    http://www.daft.ie/searchsale.daft?id=702654


    Not bad IMO for the asking price their looking for this but would prob put in a cheeky 135 bid to see if they'd bite. If they did, a nice house in this area and centered between 4 big enough towns and only 25mins away from westport. Its also one mile away from the famous river moy.


    http://www.daft.ie/searchsale.daft?id=612819




    Another boom time header



    http://www.daft.ie/searchsale.daft?id=582794





    Good holiday location but over priced, prob 100-135k

    http://www.daft.ie/searchsale.daft?id=648898




    Crazy!


    http://www.daft.ie/searchsale.daft?id=491478




    Not bad if you live here and looking a house for this amount. Could finish this myself. Would still put a cheeky 40k bid in thou, as you do lol


    http://www.daft.ie/searchsale.daft?id=725132





    Tidy enough but could do with another bedroom for this price


    http://www.daft.ie/searchsale.daft?id=687605


  • #8
    the_syco
    Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    yoloc wrote: »
    Alot of house for this kind of money with very little work needing done.

    http://www.daft.ie/searchsale.daft?id=713214
    Two things; Either the previous owner ripped everything out, or the non-travelling travellers took every bit of metal. Would probably need rewiring. Also, if taps were not shut off correctly, could have had spillages when the rads when missing.
    yoloc wrote: »
    Well over priced IMO. Prob 120 max. Good location for the keen fisherman though so prob why its priced at this

    http://www.daft.ie/searchsale.daft?id=709401
    Pictures three and four; half painted. Possibly painting over mould, as the half painted look looks really dodge.
    yoloc wrote: »
    LOL, someone still living in the boom years here id say lol

    http://www.daft.ie/searchsale.daft?id=702654
    Depending on when (in the boom) the thing was built, it may be cheaper to knock it down and rebuild, also to ensure that it's built correctly the 2nd time around, as shortcuts may have been made to try to get it finished.
    yoloc wrote: »
    Not bad IMO for the asking price their looking for this but would prob put in a cheeky 135 bid to see if they'd bite. If they did, a nice house in this area and centered between 4 big enough towns and only 25mins away from westport. Its also one mile away from the famous river moy.


    http://www.daft.ie/searchsale.daft?id=612819
    6 photos. One taken with a camera, 5 taken with a potato. If all were taken with the potato I wouldn't be too suspicious, but as one is grand, I'm wondering what are they hiding?
    yoloc wrote: »
    Another boom time header

    http://www.daft.ie/searchsale.daft?id=582794
    As it's only single story, I'd say this has more of a chance of being bought as a fix-her-upper.
    yoloc wrote: »
    Good holiday location but over priced, prob 100-135k

    http://www.daft.ie/searchsale.daft?id=648898
    Boiler in picture two looks very much like an afterthought. Don't see any rads in the house either.
    yoloc wrote: »
    Crazy!


    http://www.daft.ie/searchsale.daft?id=491478
    Does the garage come with the house? Da fuq?
    yoloc wrote: »
    Not bad if you live here and looking a house for this amount. Could finish this myself. Would still put a cheeky 40k bid in thou, as you do lol


    http://www.daft.ie/searchsale.daft?id=725132
    Not bad. 1st fix, plumbing, and 2nd fix looks like it has been done. I'd say it could be lived in whilst it's been done up, as well.
    yoloc wrote: »
    Tidy enough but could do with another bedroom for this price


    http://www.daft.ie/searchsale.daft?id=687605
    Loving the oldschool stove in picture 2. Adds a homely touch to the place. Possible no insulation (due to age), but the windows look new, so it could exist externally? Can't find this one on the map :/


  • #9
    yoloc
    Registered Users, Registered Users 2 Posts: 375 ✭✭yoloc


    the_syco wrote: »
    Two things; Either the previous owner ripped everything out, or the non-travelling travellers took every bit of metal. Would probably need rewiring. Also, if taps were not shut off correctly, could have had spillages when the rads when missing.


    Pictures three and four; half painted. Possibly painting over mould, as the half painted look looks really dodge.


    Depending on when (in the boom) the thing was built, it may be cheaper to knock it down and rebuild, also to ensure that it's built correctly the 2nd time around, as shortcuts may have been made to try to get it finished.


    6 photos. One taken with a camera, 5 taken with a potato. If all were taken with the potato I wouldn't be too suspicious, but as one is grand, I'm wondering what are they hiding?


    As it's only single story, I'd say this has more of a chance of being bought as a fix-her-upper.


    Boiler in picture two looks very much like an afterthought. Don't see any rads in the house either.


    Does the garage come with the house? Da fuq?


    Not bad. 1st fix, plumbing, and 2nd fix looks like it has been done. I'd say it could be lived in whilst it's been done up, as well.


    Loving the oldschool stove in picture 2. Adds a homely touch to the place. Possible no insulation (due to age), but the windows look new, so it could exist externally? Can't find this one on the map :/



    Found this advertised aswell in castlebar when i googled it. Better pics but if it were mine, id try and get more and better quality pics up. You say they might be hiding something, what possibly could they hide, sure you'd see it when viewing it if there was any major problems they where trying to hide in a pic

    http://www.daft.ie/searchsale.daft?id=567114


  • #10
    yoloc
    Registered Users, Registered Users 2 Posts: 375 ✭✭yoloc


    Out of the last post above, these 3 would only be worth the money the vendors are looking.



    http://www.daft.ie/searchsale.daft?id=687605


    http://www.daft.ie/searchsale.daft?id=725132


    http://www.daft.ie/searchsale.daft?id=567114


  • #11
    R0C
    Registered Users, Registered Users 2 Posts: 370 ✭✭R0C


    yoloc wrote: »
    What about these ones conductor.



    Alot of house for this kind of money with very little work needing done.

    http://www.daft.ie/searchsale.daft?id=713214


    I was curious about this one myself but seems it's part of one of these phantom "bidding wars".

    The first offer received on it was WAY above the price listed there, in order to secure of course... :rolleyes:


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  • #12
    lukecoyle
    Registered Users, Registered Users 2 Posts: 3 ✭lukecoyle


    I was looking at buying a cheap property and someone directed to propertyunder20k.com but nothing there from Ieland. Mostly Eastern Europe.


  • #13
    Moonbeam
    Moderators, Education Moderators, Society & Culture Moderators Posts: 18,986 Mod ✭✭✭✭Moonbeam


    The 2nd one would freak me out completely,it looks abandoned .
    The 5th and last ones are gorgeous though.


  • #14
    yoloc
    Registered Users, Registered Users 2 Posts: 375 ✭✭yoloc


    Moonbeam wrote: »
    The 2nd one would freak me out completely,it looks abandoned .
    The 5th and last ones are gorgeous though.



    I would rather buy the 4th one than the 5th, same price but the 5th needs about 50k or more to finish. What is it you like about the 5th that would make you go for this over others


  • #15
    yoloc
    Registered Users, Registered Users 2 Posts: 375 ✭✭yoloc


    Do you think this is a good price for this property. IMO i cant see how you could go wrong with this seeing as its so cheap for a brand new house. the property would have paid for itself in no time


    http://www.daft.ie/searchsale.daft?id=727970


  • #16
    the groutch
    Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    the fact that a month later only 4 of these are sold/sale agreed speaks volumes


  • #17
    the groutch
    Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    yoloc wrote: »
    Do you think this is a good price for this property. IMO i cant see how you could go wrong with this seeing as its so cheap for a brand new house. the property would have paid for itself in no time

    http://www.daft.ie/searchsale.daft?id=727970

    firstly, when you see no pics of the inside, they've obviously got something to hide, probably in bits inside, maybe had squatters in it at some stage.

    also here's a thread about potential "trouble" in the area

    http://www.boards.ie/vbulletin/showthread.php?p=85939132


  • #18
    Woodville56
    Closed Accounts Posts: 1,643 ✭✭✭Woodville56


    Hi boarders , jumping on the bandwagon here a bit but would be glad of your comments on value or otherwise of these properties which appear to be keenly prices, all in same estate, but as I'm not from the area perhaps some locals or others in the know might have a view ?

    1. a 2 bed s/d :
    http://www.daft.ie/searchsale.daft?id=731239

    2. a 4 bed s/d in same estate : http://www.myhome.ie/residential/brochure/24-jairdin-drive-loughrea-galway/2613613


    Also, we are looking at a property where the initial sale price has been reduced from €160k to €120k in recent days . Would it appear overly cheeky or disrespectful to go in with an opening offer of €100k , given that the price has already been reduced ?? Advice welcome please !


  • #19
    the groutch
    Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    Woodville56 wrote: »
    Also, we are looking at a property where the initial sale price has been reduced from €160k to €120k in recent days . Would it appear overly cheeky or disrespectful to go in with an opening offer of €100k , given that the price has already been reduced ?? Advice welcome please !

    offer 80k if you want, it's a buyer's market, so it's all about what YOU think it's worth, not what they're trying to tell you it's worth.


  • #20
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    the groutch wrote: »
    offer 80k if you want, it's a buyer's market, so it's all about what YOU think it's worth, not what they're trying to tell you it's worth.

    It all depends on where you're buying.
    Its certainly not a buyers market anymore in large parts of Dublin and locally in Cork and Galway (even parts of Clare are experiencing property shortages).

    OP- should you offer 100k- by all means do, nothing ventured, nothing gained. Personally I would imagine that the vendor would look at your offer and say something along the lines of 'Nah- I've just reduced it, I'll hang on, and see what happens'.

    It all depends on where the property is- how much comparable property is on the market, how long its taking to shift (though at prices comparable to the current price- not the higher price) etc etc etc.

    Research what is happening in the immediate area from a property perspective. Decide- based on hard information- what your best course of action is- and then put your best foot forward.


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