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30 acres for sale waterford

  • 28-12-2017 3:29pm
    #1
    Registered Users, Registered Users 2 Posts: 452 ✭✭


    30 acres of good grassland In my area will be going up for sale soon. I'm not interested in buying it well to be honest id love to have it but my bank account would say other wise ha. What is something like this worth per acre ?


Comments

  • Registered Users, Registered Users 2 Posts: 11,174 ✭✭✭✭Muckit


    You'll know after the sale!


  • Registered Users, Registered Users 2 Posts: 11,264 ✭✭✭✭Nekarsulm


    Depending on the soil quality, and how many neighbours have been waiting for a chance to buy it (Sometimes for a generation).
    Anything between 6 and 16 thousand an acre.

    What's been sold recently in the area?


  • Registered Users, Registered Users 2 Posts: 2,556 ✭✭✭simx


    Muckit wrote: »
    You'll know after the sale!

    What it's worth and what it makes are different things


  • Registered Users, Registered Users 2 Posts: 11,174 ✭✭✭✭Muckit


    Not really IMO. It's value is based on what sonebody is willing to pay for it. The market decides.


  • Registered Users, Registered Users 2 Posts: 11,264 ✭✭✭✭Nekarsulm


    You can have half a dozen different valuations on the same piece of property.
    All different, yet all perfectly legitimate.


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  • Registered Users, Registered Users 2 Posts: 11,334 ✭✭✭✭wrangler


    Nekarsulm wrote: »
    You can have half a dozen different valuations on the same piece of property.
    All different, yet all perfectly legitimate.

    I'd never sell anything important privately......you never know what's out there.
    As someone said here it could make anything......6 -16000 or more even


  • Registered Users, Registered Users 2 Posts: 436 ✭✭annubis




  • Registered Users, Registered Users 2 Posts: 2,123 ✭✭✭Who2


    Allow 10k an acre, work out if you can gather a reasonable deposit. Weigh up if you can afford to sacrifice other aspects such as new car, mortgage, nights out, settling down and there's a million more things to look at and you won't be long answering whether you really want it or not. Your first port of call is the oh, then the bank manager. also tell no one .


  • Registered Users, Registered Users 2 Posts: 3,814 ✭✭✭kk.man


    Who2 wrote: »
    Allow 10k an acre, work out if you can gather a reasonable deposit. Weigh up if you can afford to sacrifice other aspects such as new car, mortgage, nights out, settling down and there's a million more things to look at and you won't be long answering whether you really want it or not. Your first port of call is the oh, then the bank manager. also tell no one .
    +1 On the last bit of advice.


  • Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭freedominacup


    kk.man wrote: »
    +1 On the last bit of advice.

    Makes no odds. The last bit of land sold around here, last month, went to the obvious buyer as did the previous couple of plots. If you're a candidate more people will be surprised to hear you're not after it than that you are.


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  • Registered Users, Registered Users 2 Posts: 3,814 ✭✭✭kk.man


    kk.man wrote: »
    +1 On the last bit of advice.

    Makes no odds. The last bit of land sold around here, last month, went to the obvious buyer as did the previous couple of plots. If you're a candidate more people will be surprised to hear you're not after it than that you are.
    But i take it the OP is not an oobvious buyer.


  • Registered Users, Registered Users 2 Posts: 5,345 ✭✭✭Grueller


    kk.man wrote: »
    But i take it the OP is not an oobvious buyer.

    Why so?


  • Registered Users, Registered Users 2 Posts: 3,814 ✭✭✭kk.man


    Grueller wrote: »
    kk.man wrote: »
    But i take it the OP is not an oobvious buyer.

    Why so?
    Just from the post and the way it's worded.


  • Registered Users, Registered Users 2 Posts: 5,345 ✭✭✭Grueller


    I have seen a fella from this parish written off on 3 different parcels totalling 97 acres over the last twenty years. He bought them all.


  • Moderators, Society & Culture Moderators Posts: 4,056 Mod ✭✭✭✭Siamsa Sessions


    kk.man wrote: »
    +1 On the last bit of advice.

    Too late - I’m in Waterford too and will have to bid on it now!!!

    Only joking of course.

    Lots of unknown variables but in general, the more dairy farmers in the area the higher the price.

    I think the Journal publishes something of an average price for land per county too. Might give some sort of ballpark.

    Nothing wrong with asking the auctioneer either about the guide price. Take with a pinch of salt but might be an interesting conversation.

    Good luck and see you on the day!!!

    Trading as Sullivan’s Farm on YouTube



  • Registered Users, Registered Users 2 Posts: 11,125 ✭✭✭✭patsy_mccabe


    The last and only piece of land I bought, I got in early with an offer. Auctioneer then put out the word and nobody else put a bid in then. Took a lot of haggling with the owner then via the auctioneer before a price was agreed.
    Land right next door so it anything makes life easier for me.


  • Registered Users, Registered Users 2 Posts: 1,208 ✭✭✭MIKEKC


    Who2 wrote: »
    Allow 10k an acre, work out if you can gather a reasonable deposit. Weigh up if you can afford to sacrifice other aspects such as new car, mortgage, nights out, settling down and there's a million more things to look at and you won't be long answering whether you really want it or not. Your first port of call is the oh, then the bank manager. also tell no one .

    Why tell no one? Did this years ago. Found out too late a person I was fairly friendly with was the other bidder. He would no have bid if he knew I was bidding. Since then if anyone asks I always declare my interest


  • Registered Users, Registered Users 2 Posts: 452 ✭✭Icelandicseige


    kk.man wrote: »
    Just from the post and the way it's worded.

    You can be fairly sure you won't have me bidding against yea.!


  • Registered Users, Registered Users 2 Posts: 3,814 ✭✭✭kk.man


    You can be fairly sure you won't have me bidding against yea.!

    Too far away for me!


  • Registered Users, Registered Users 2 Posts: 2,123 ✭✭✭Who2


    MIKEKC wrote: »
    Why tell no one? Did this years ago. Found out too late a person I was fairly friendly with was the other bidder. He would no have bid if he knew I was bidding. Since then if anyone asks I always declare my interest

    He was the under bidder he's always going to say that. If a lad really wants a bit of ground friendships disappear. If you get the option too to buy private it's even more important. A diesel smuggler once told me never let your left hand know what your right hands doing.


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  • Registered Users, Registered Users 2 Posts: 19,585 ✭✭✭✭Bass Reeves


    During the last boom I always taught that smaller plots of land were worth agri value and the price of a site. Nowadays with planning so hard to get I think it is as apt. I think the 6-16k/ acre reflected that if it is goodish land nearish a good road it could make 450-500k. Hard to see it making much less than 300k. Add stamp duty at 6% and it add another 20-30k. However you have to remember it is only dear the day you buy it.

    In reality you need to decide how much you can afford to bid for it, what you think it is worth to do and decide if you want it after that. On the day then if the chips fall right for you you buy if not you do not.

    However bidding is an art in itself. Do not be afraid to show your hand early in the process, show no fear with who else is bidding. Go to your limit and stick to it. Do not bid to a to a round figure go to 5-8k above it.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 4,221 ✭✭✭davidk1394


    Where is the parcel of ground located ?


  • Registered Users, Registered Users 2 Posts: 3,814 ✭✭✭kk.man


    I am assuming the OP has no commitments like a mortgage etc then this would be a good buy.
    If you look at it as to what houses are making or worse still the cost of building one then this few acres are 'cheap'.


  • Registered Users, Registered Users 2 Posts: 4,881 ✭✭✭mf240


    Bought the farm beside me this year.

    Land will make one bid more than the second biggest eegit in the room.

    I thought I had everyone convinced I wasn't interested but got several texts on the morning wishing me luck.


  • Registered Users, Registered Users 2 Posts: 4,765 ✭✭✭White Clover


    mf240 wrote: »
    Bought the farm beside me this year.

    Land will make one bid more than the second biggest eegit in the room.

    I thought I had everyone convinced I wasn't interested but got several texts on the morning wishing me luck.


    Well done on the purchase mf!
    You will double the number of cows now no doubt!


  • Registered Users, Registered Users 2 Posts: 4,364 ✭✭✭arctictree


    mf240 wrote: »
    Bought the farm beside me this year.

    Land will make one bid more than the second biggest eegit in the room.

    I thought I had everyone convinced I wasn't interested but got several texts on the morning wishing me luck.

    We were once the highest bidder (private treaty) on a plot of land near us. The auctioneer then convinced the vendor to sell to the underbidder. Still mad about it to this day as it would have suited us perfectly and was bought fairly cheap (2012).


  • Moderators, Society & Culture Moderators Posts: 3,358 Mod ✭✭✭✭K.G.


    Had a farm bought 12 months before anyone knew.even when people started asking i avoided answering for a long time for the fun of it


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