Crazy priced properties

lightspeed

Well i recall seeing in the motors forum a thread with placed for sale at ridiculousliy overpriced prices.

I figured it was time we had the same for property.

Apologies if such thread already exists but i could see one.

Ill get the ball rolling on this one that has me still picking my jaw up off the floor looking at the price.

https://touch.daft.ie/dublin/bungalows-for-sale/skerries/14-balbriggan-st-skerries-dublin-1386452

This ladies and gentlemen is a 1 bedroon bungalow with a BER energy rating of D1 in skerries. It has no garden or front passageway from what i can see and is a giveaway at just 265k.

Can anyone explain how a quick search om daft shows modern 1 bed for 220 and 240k in ballsbridge but yet the above is priced at 265k??

NIMAN

Hoping to find a mug out there.

Jesus Wept

People like Skerries.

Samuel T. Cogley

lightspeed wrote: »

Can anyone explain how a quick search om daft shows modern 1 bed for 220 and 240k in ballsbridge but yet the above is priced at 265k??

I love threads like this but a couple of issues. i) property prices are mental ii) in motors it's some German car owner with a tiny, tiny ahem... or some souped up ahem box and it's very funny. With houses they've been professionally valued and one strategy is to price high to avoid the Tyre-kickers. Another is that people have no intention of selling and are either putting the house up for an ego trip (unlikely) or being forced to do so by the bank.

That said:

https://www.youtube.com/watch?v=aO3Gb5mkwTc

super_furry

Jesus Wept wrote: »

People like Skerries.

Yeah but I would have thought people like living in houses, rather than sheds, more.

andekwarhola

It's either a devious plot to zombify people into buying the property when they clearly don't even want to or that enough people might currently want to buy the house enough to escalate the price.

If enough people elect not to buy it at that price, the seller will - amazingly -probably have to drop the price.

LirW

I can't link whole Tyrellstown here, sorry.

lightspeed

Samuel T. Cogley wrote: »

I love threads like this but a couple of issues. i) property prices are mental ii) in motors it's some German car owner with a tiny, tiny ahem... or some souped up ahem box and it's very funny. With houses they've been professionally valued and one strategy is to price high to avoid the Tyre-kickers. Another is that people have no intention of selling and are either putting the house up for an ego trip (unlikely) or being forced to do so by the bank.

That said:

https://www.youtube.com/watch?v=aO3Gb5mkwTc

Professionally value by someone who clearly needs to go to specsavers. There are 2 bed apartments at 190k in skerries right now. So how is this old looking 1 bed professionally valued at 265k?

Henbabani

You can find in 200k 1BDR apartment in city center.

Samuel T. Cogley

lightspeed wrote: »

Professionally value by someone who clearly needs to go to specsavers. There are 2 bed apartments at 190k in skerries right now. So how is this old looking 1 bed professionally valued at 265k?

Who knows, but surely you see the flaw in this thread vs. the rather hilarious dramer thread in motors, perhaps not, I dunno. As I said before though no need for me to rain on the OP's parade, hopefully someone will find a few ones for us to chuckle at (only to find on the PPR they sold!).

thesandeman

Quite a few pop up in the Funny houses/flats to rent thread.

jayjay2010

To be honest I have been keeping a close watch on 1 beds all around the city and most are going for 20-40k over the asking, so something you might see online for 200k is realistically going for 230k etc...

Henbabani

jayjay2010 wrote: »

To be honest I have been keeping a close watch on 1 beds all around the city and most are going for 20-40k over the asking, so something you might see online for 200k is realistically going for 230k etc...

yeah but you can fine 1 beds near city center less than 200K and even in 180K so even if you added 20-30 you barely reach to 200K

Samuel T. Cogley

Henbabani wrote: »

yeah but you can fine 1 beds near city center less than 200K and even in 180K so even if you added 20-30 you barely reach to 200K

Near City centre encompasses an area ranging from Oliver Bond to 1000sqft 1 beds in Ballsbridge.

ciarang85

http://www.daft.ie/dublin/houses-for-sale/harolds-cross/49-harold-cross-road-harolds-cross-dublin-1503601/

Quick lick of paint is all it needs :pac:

KungPao

http://www.daft.ie/dublin/new-homes-for-sale/corrybeg-way-templeogue-dublin-74900/

Had a quick look at these from outside and the photos on daft. Lovely finish sure and nice enough immediate surroundings, but the guts of a million euro is taking the Michael for me.

I love the descriptions too. All mentions of Milltown, Dundrum, Rathgar etc, like you're going to be in the heart of south county Dublin. And to add to the glamour they mention the "prestigious golf clubs" that are nowhere near the place really - nearby Spawell pitch and putt is ignored, too lowbrow I suppose

No mention of Tallaght of course, just up the road

KungPao

ciarang85 wrote: »

http://www.daft.ie/dublin/houses-for-sale/harolds-cross/49-harold-cross-road-harolds-cross-dublin-1503601/

Quick lick of paint is all it needs :pac:

Jesus H. You'd need another 100k to make it livable.

LirW

http://www.daft.ie/dublin/houses-for-sale/santry/12-shanowen-road-santry-dublin-1484720/

That's around the corner of my man's uncle. Saw the sign and looked the price up, started to laugh.
On his road in the last year or 5 houses sold, all in the range of 310 - 380k where the highest one was in turn-key condition and all the others needed some updating.

ciarang85

KungPao wrote: »

Jesus H. You'd need another 100k to make it livable.

I thought the exact same thing, will be interesting to see in a few months what it goes for on the p.p. register

KungPao

LirW wrote: »

http://www.daft.ie/dublin/houses-for-sale/santry/12-shanowen-road-santry-dublin-1484720/

That's around the corner of my man's uncle. Saw the sign and looked the price up, started to laugh.
On his road in the last year or 5 houses sold, all in the range of 310 - 380k where the highest one was in turn-key condition and all the others needed some updating.

This one is in turn-stomach condition.

Seriously, if you know it needs 50k just to bring it up to a reasonable standard...then knock it off the price. 405k my eye, why the extra 5k anyway?

I'd offer 250.

Samuel T. Cogley

KungPao wrote: »

http://www.daft.ie/dublin/new-homes-for-sale/corrybeg-way-templeogue-dublin-74900/

Had a quick look at these from outside and the photos on daft. Lovely finish sure and nice enough immediate surroundings, but the guts of a million euro is taking the Michael for me.

I love the descriptions too. All mentions of Milltown, Dundrum, Rathgar etc, like you're going to be in the heart of south county Dublin. And to add to the glamour they mention the "prestigious golf clubs" that are nowhere near the place really - nearby Spawell pitch and putt is ignored, too lowbrow I suppose

No mention of Tallaght of course, just up the road

FROM 850K :cool:

LirW

The houses in this corner of Santry are old, of poor building quality and cold as a wet diaper in the winter wind. Yet they sell and almost all of them are in need of major work. Everything that's in nice condition is snapped up within days. I've seen a sign going up a few weeks ago, I swear 7 days later it was Sale agreed.

ciarang85

LirW wrote: »

cold as a wet diaper in the winter wind.

Wish i had of been talking to you a few months ago... too late now i suppose

Bandana boy

LirW wrote: »

http://www.daft.ie/dublin/houses-for-sale/santry/12-shanowen-road-santry-dublin-1484720/

That's around the corner of my man's uncle. Saw the sign and looked the price up, started to laugh.
On his road in the last year or 5 houses sold, all in the range of 310 - 380k where the highest one was in turn-key condition and all the others needed some updating.

Those are some bold Carpet , curtains and wallpaper choices

I suspect the original owner had more than a passing acquaintance with L.S.D !

lightspeed

jayjay2010 wrote: »

To be honest I have been keeping a close watch on 1 beds all around the city and most are going for 20-40k over the asking, so something you might see online for 200k is realistically going for 230k etc...

Apologies for my ignorance but is there a way to tell if the likes of even 1 bed apartments are selling 20-40k above asking?

Like can you be sure thats fact and just a broad assumption?

I did read an article on facebook saying houses are selling at 20% above asking but assumed that that would less likely to be the case for 1 bed apartments.

lightspeed

ciarang85 wrote: »

http://www.daft.ie/dublin/houses-for-sale/harolds-cross/49-harold-cross-road-harolds-cross-dublin-1503601/

Quick lick of paint is all it needs :pac:

With a prestine toilet like that and an open roof conservatory, it truly is a steal at that price 😂😂

LirW

1bed apartments are popular for a variety of reasons, they are excellent investments if you want to rent them out because in a good location in the current climate you'll get a good yield.
City centre can be a minefield though, it's easy to get stuck in a block where you have a lot of antisocial behavior and substance abuse around.

testicles

This post has been deleted.

rsynnott

lightspeed wrote: »

Can anyone explain how a quick search om daft shows modern 1 bed for 220 and 240k in ballsbridge but yet the above is priced at 265k??

Mespil Estate? They're TINY. And not very modern; they were built in the 50s or 60s. It's not clear from the ad how big this house is, but it looks a good bit bigger than a ~35sqm apartment.

EDIT: Not saying that the price of the one in Skerries is sensible, but it's probably not a reasonable comparison.

Eric Cartman

http://www.daft.ie/kildare/houses-for-sale/leixlip/6-glen-easton-manor-leixlip-kildare-1483959/

just a shade under half a million for a semi detached house in an estate with questions of pyrite issues , right at the edge of leixlip with only one spar and a seldom used bus stop near it.

http://www.daft.ie/kildare/sites-for-sale/leixlip/site-at-lindenbaum-leixlip-gate-leixlip-kildare-1467710/

400k for a half acre site down a badly paved laneway, in somebody's back garden. Only upside is It has planning for 2 houses to be rammed in there :rolleyes:

lightspeed

rsynnott wrote: »

Mespil Estate? They're TINY. And not very modern; they were built in the 50s or 60s. It's not clear from the ad how big this house is, but it looks a good bit bigger than a ~35sqm apartment.

EDIT: Not saying that the price of the one in Skerries is sensible, but it's probably not a reasonable comparison.

Mespil estate was one i seen but there are others in D4 area that although probably overpriced as they are, its ridiculous how a presumbly qualified estate agent thinks that house in skerries is priced right.

Here is another in ballsbridge as an example at 225k that appears to have just gone up today. There is no argument to be made why that bungalow in skerries is worth 265k .

http://www.daft.ie/dublin/apartments-for-sale/ballsbridge/apt-20-arranmore-13-17-pembroke-ballsbridge-dublin-1502605/


I emailed the estate agent asking is the price was a mistake but didnt get a reply.

LirW

The whole area between Arklow and Tullow beside being absolutely stunning is massively overpriced and people are willing to let houses sit there for years. It's really remote there and plenty of people selling there are overestimating the value of their houses.

http://www.daft.ie/wicklow/houses-for-sale/tinahely/middlestone-cottage-coolboy-tinahely-wicklow-1278476/

Beside it being a really sweet house, that price is VERY optimistic and I'm not surprised that it's listed for over a year now.

lightspeed

ciarang85 wrote: »

I thought the exact same thing, will be interesting to see in a few months what it goes for on the p.p. register

The pp register you mentioned, is that the property price regulatory website?

https://www.propertypriceregister.ie/Website/npsra/PPR/npsra-ppr.nsf/PPR-By-Date&Start=1&Query=%5Bdt_execution_date%5D%3E=01/01/2017%20AND%20%5Bdt_execution_date%5D%3C01/8/2017%20AND%20%5Bdc_county%5D=Dublin&County=Dublin&Year=2017&StartMonth=01&EndMonth=07&Address=

Does that register included apartments and not just residential houses?

It seems useful but its unfortunate that it does not tell you much about the property. If i click on a property it gives me the address but i cant see how many bedrooms ?

frefrefre

LirW wrote: »

The whole area between Arklow and Tullow beside being absolutely stunning is massively overpriced and people are willing to let houses sit there for years. It's really remote there and plenty of people selling there are overestimating the value of their houses.

http://www.daft.ie/wicklow/houses-for-sale/tinahely/middlestone-cottage-coolboy-tinahely-wicklow-1278476/

Beside it being a really sweet house, that price is VERY optimistic and I'm not surprised that it's listed for over a year now.

Huge garden, very cute looking and I'm sure they'd give it to you for 250-ish! Yes, it's way over priced but as some articulate posters have noticed on here, there's a bit more craziness to get through this cycle. This isn't close to the one in skerries, that's the most ridiculous I've seen in the Dublin area, for a while at least!

ciarang85

lightspeed wrote: »

The pp register you mentioned, is that the property price regulatory website?

https://www.propertypriceregister.ie/Website/npsra/PPR/npsra-ppr.nsf/PPR-By-Date&Start=1&Query=%5Bdt_execution_date%5D%3E=01/01/2017%20AND%20%5Bdt_execution_date%5D%3C01/8/2017%20AND%20%5Bdc_county%5D=Dublin&County=Dublin&Year=2017&StartMonth=01&EndMonth=07&Address=

Does that register included apartments and not just residential houses?

It seems useful but its unfortunate that it does not tell you much about the property. If i click on a property it gives me the address but i cant see how many bedrooms ?

Yeah it includes apartments also, once a property is sold a month or so it should show up how much it went for. A quick Google of the address you are looking for might show up the old ad telling you how many bedrooms etc..

Hooleyo

385k for a house in Drimnagh/Crumlin/Dolphins Barn.

Probably another 100k needed for renovations.

Mad price altogether.

http://www.daft.ie/dublin/houses-for-sale/drimnagh/32-dolphin-road-drimnagh-dublin-1500925/

tedpan

179k one of the lowest priced houses in Drogheda..

EmoCourt

430k for an unfinished 4 bedroom detached house in Carlow town. A stones throw from one of the largest rivers in Ireland, and various student accommodation. Most 4 bed detached houses in the town would be selling for between 200k and 300k.

http://www.daft.ie/carlow/houses-for-sale/carlow-town/31-barrowville-kilkenny-road-carlow-carlow-town-carlow-1460692/

KungPao

tedpan wrote: »

179k one of the lowest priced houses in Drogheda..

I'd offer 60k with a view to renovating it and selling it on for 100k. In my mind that what it's worth.

Or I could buy and let it for "€1400 per month" apparently. Who in their right mind would pay that p/m to live there, in Drogheda.

Surely we are reaching a ceiling now and the madness will end? Or will it get worse? :eek:

LirW

EmoCourt wrote: »

430k for an unfinished 4 bedroom detached house in Carlow town. A stones throw from one of the largest rivers in Ireland, and various student accommodation. Most 4 bed detached houses in the town would be selling for between 200k and 300k.

http://www.daft.ie/carlow/houses-for-sale/carlow-town/31-barrowville-kilkenny-road-carlow-carlow-town-carlow-1460692/

Ah yeah the good old "blank canvas" joke from the agents. That's some generic ghost estate building that looks like Lego could get a better long term perfomance.

KungPao

EmoCourt wrote: »

430k for an unfinished 4 bedroom detached house in Carlow town. A stones throw from one of the largest rivers in Ireland, and various student accommodation. Most 4 bed detached houses in the town would be selling for between 200k and 300k.

http://www.daft.ie/carlow/houses-for-sale/carlow-town/31-barrowville-kilkenny-road-carlow-carlow-town-carlow-1460692/

Sure, while finishing off the house, just get the builders to throw up a dike for ya, be grand. The house is a steal at that price anyway.

Mooooo

testicles wrote: »

http://www.daft.ie/dublin-city/property-for-sale/tyrrelstown

Rented a room there off a girl, teacher, when in college placement, who had bought a house in tyrrelstown. 500k she paid i think

myshirt

tedpan wrote: »

179k one of the lowest priced houses in Drogheda..

It's a good location, I'll give them that, but you'd really want to have someone by the gonads to put them in there. I think there is a lesson there in the fact this is for sale with such blatant claims. That lesson is that young people have been caught by the gonads. Strong armed into accommodation like this for 1,500 a month because there is more else going.

180 grand for that. Unbelievable Jeff.

JayWasTaken

500K, some modernisation required

Apparently all the estates agents need to do is mention the whiff of Terenure to break a half a million. madness.

filbert the fox

When did estate agents decide that they were always "delighted" to put a house on the market?

MysticMonk

filbert the fox wrote:

When did estate agents decide that they were always "delighted" to put a house on the market?

Around the same time they started to tell us that "viewing is essential"..prior to that people used to simply buy properties without looking at them.

q85dw7osi4lebg

What would some better terms be for them to use?

We aren't delighted to bring this to the market?

Viewing is not essential?

I can imagine it's a PITA trying to type the same thing over and over and over again when advertising properties. Just listing key bullet points / features doesn't read too well either.

Lose lose imo.

filbert the fox

Itzayana Thoughtless Remote wrote: »

What would some better terms be for them to use?

We aren't delighted to bring this to the market?

Viewing is not essential?

I can imagine it's a PITA trying to type the same thing over and over and over again when advertising properties. Just listing key bullet points / features doesn't read too well either.

Lose lose imo.

Very simply - who else is delighted when advertising? I never saw a motor advertisement with those words :rolleyes:

q85dw7osi4lebg

filbert the fox wrote: »

Very simply - who else is delighted when advertising? I never saw a motor advertisement with those words :rolleyes:

I agree completely, just curious as to the alternative blurbs.

Bandana boy

This house is so attractive I just knocked one out looking at the photos of the deck.

Has a ring to it !

RobbieTheRobber

Bandana boy wrote: »

This house is so attractive I just knocked one out looking at the photos of the deck.

Has a ring to it !

This house comes complete with masturbatory deck .