brisan wrote: » The price of a house will be dictated not by its value or its cost but by the maximum price it can achieve in the current market 3 bed 100sq mt new build house in Wexford 250k 3 bed 100sq mt new build house in Parkside Balgriffin 400k 3 bed 100sq mt new build house in Blackrock 750k Why the difference Its not all to do with cost Its to do with maximum achievable price
Smouse156 wrote: » The first link won’t open. However, I do agree that price per sqm in Dublin is cheaper than most capitals in Europe. I’m just saying the article was lazy. Anyone believing the average home is 161sqm (nearly 1800sqft) clearly hasn’t done any research.
fliball123 wrote: » Yes it has there has still been days with lots of rain and we are still in Lockdown and it will slow the process . Look only 6/7 weeks to go we will see what the building figures are in Jan
fliball123 wrote: » And yet we still had an extra 33700 more people coming into Ireland vs leaving from Ireland. So living here must not be too bad
ShlugMurphy wrote: » Lockdown hasn't affected construction at all. Everything construction related is open.
brisan wrote: » Where are the people going to ,where are the people coming from Difference in moving to Ireland from Romania ,Poland etc and Moving from Ireland to London USA or Australia
fliball123 wrote: » I know it stayed open but there will still be a lag with all the new Covid rules and regulations.
Graham wrote: » I don't think that's entirely accurate. Maximum achievable price feeds into some of the costs. Using your example, the cost of land in Blackrock will rise to the price a developer will pay while still being able to make a realistic profit.
fliball123 wrote: » Any info on when the houses were built as we do know the cost of building has gone up over the years. There would also be a difference in cost for land in all 3 areas you put up. But prices will factor in the cost of the build, cost of land, as well as labour and what it can achieve on the current market. cost of land just as an example of how big a gap there can be with regards to land (all asking prices) Higher end Dublin- the first one here must be a mistake?https://www.myhome.ie/residential/brochure/2a-jones-road-drumcondra-dublin-9/4452160https://www.myhome.ie/residential/brochure/wits-end-the-rookery-dublin-16-knocklyon-dublin-16/4442578https://www.myhome.ie/residential/brochure/site-at-ardnasilla-hainault-road-foxrock-dublin-18/3856913 Lower end and probably without planninghttps://www.myhome.ie/residential/brochure/1-valley-park-road-finglas-dublin-11/4452191https://www.myhome.ie/residential/brochure/site-to-side-of-1-cherrywood-park-clondalkin-dublin-22/4435778 Wexfordhttps://www.myhome.ie/residential/brochure/kisha-tagoat-co-wexford/117966https://www.myhome.ie/residential/brochure/newtown-great-island-campile-wexford/4120431
brisan wrote: » Agreed to a point ,some costs will be more So a plot of land in Blackrock costs 500k or thereabouts more than in Wexford,I doubt it
PropQueries wrote: » That's true. So one could make the argument that the high cost of housing in Dublin in primarily due to the local county council and depends on how they draw up their development plans.
Bubbaclaus wrote: » Presumably these construction related covid rules and regulations were in place in Q3 also, when 5,118 dwellings were completed?
fliball123 wrote: » Like I say I will hold my hands up if I am wrong when Jan comes around I reckon 16k so about 4k short of the 20k estimated at the start of the year. What were the build completions in Q1 and Q2? I believe up until the end of Q3 we were ar 13.300k (approx) So Q4 we have to get 6.7k finished with a new lockdown, bad weather, Xmas holidays and MeHole Martin telling us 20k wont be possible yesterday?...As I say no point arguing the data will be there in Jan
Bubbaclaus wrote: » 20k is a recent estimate, not an estimate from the start of the year. Pre covid, the estimate or 2020 was 24-25k. 2020 so far Q1 completions 5k Q2 completions 3.2k (construction shut for a period) Q3 completions 5.1k Q4 is historically the best for completions, so you would be looking at 6k or so by my reckoning.
Graham wrote: » Not sure that's entirely accurate. In your two-plot in Blackrock example, if both plots were zoned residential, it's unlikely to be enough to bring the average land prices down in the area.
fliball123 wrote: » And Martin said it as recently as yesterday that 20k would not be complete by the end of the year. so I think I would listen to the leader of the country telling bad news that does nothing good for him or his party . But we are arguing over something that will happen soon so no point in dwelling on it. You have said 20k would be doable I am saying it wont lets leave it at that and find out in jan
fliball123 wrote: » People can make money anywhere
PropQueries wrote: » There's too much money to be made from re-zoning for any leeway to be provided to the beneficiaries of such re-zoning decisions IMO.
combat14 wrote: » House prices fall by almost 1% as Covid dampens markethttps://www.irishtimes.com/business/economy/house-prices-fall-by-almost-1-as-covid-dampens-market-1.4412542?mode=amp sad to see prices falling hope house prices will rocket and soar next year as economy roars back
thefridge2006 wrote: » Down 2% in Dublin...….. and we haven't even seen the affects of Covid yet. 2% and the economy in on life support with money being pumped into to it.... This will be a bloodbath when support get switched off.
Bubbaclaus wrote: » My estimate would be somewhere around 19.5k, which would tie in with what Martin is saying. Certainly nowhere near struggling to get to 16k. We are probably past 16k already.
![Photo of [Deleted User]](https://w6.vanillicon.com/v2/6b0748b4741870baaad828fe92174b3c.svg)
