:D Doctors here are not particularly wealthy, but that house wouldn't be out of a married pair of consultant's price range. Or expats returning to Cork, after selling a home somewhere more expensive than Cork. They wouldn't see that as too pricey either. A bog standard semi-d in balham in London would be about that price these days.
People who live in expensive houses (which this is for Cork, but not for any major other city) often do it as wealth preservation. They could be people who inherited investments, or involved in family business management, rather than working in a PAYE job. Principal primary homes are exempt from a number of taxes, and you get to live comfortably. With shares and markets being volatile at the moment, wealth may gradually move towards art and higher end property. But who knows...
There is an article about it in the Irish Examiner:
https://www.irishexaminer.com/property/residential/arid-41009351.html
That's a ridiculous price and the kitchen is dark and poky.
What kind of person would be living in that house? Surely it's out of even a doctor's price range. Perhaps some hot shot Partner from the Big 4 or something?
Crazy
Saw it a while ago and couldn't digest the asking price. In a nearby estate, new build terrace homes were going for 499k (which would be eligible for HTB) and during pandemic the developer raised prices to 640k and got to know they've a hard time selling at those price points.
I may have lost touch with the market but has the market value increased over 30% over the last 3 years?
sold for 675k in 2019, it is priced at 895k now:
https://www.daft.ie/for-sale/detached-house-4-aylesbury-ballintemple-cork-city-co-cork/4519403
hah , yeah it was a brutal trend in the 90’s. My house was positively orange inside with knotty aged pine when I bought it. Floor in almost all rooms, ceilings and the kitchen units.
Easy enough to solve though. Kitchen units I painted myself, got the ceiling plastered. Replacing the floors was the priciest and there’s one I didn’t get around to yet… it has a rug. 😄
Look past decor stuff if you can. You would be redecorating anyway.
Cheap!
Looked at a couple houses recently, my god what was the obsession with pine! Pine cladding on ceiling,wall, kitchen cabinets.
Residential Property Price Register
Did you look at the property price register?
What would be the going rate for a house in Deerpark by the Lough? Thinking of contacting my old landlord to see if he'd sell the house. He's still renting it. Only the kitchen and the bathroom is a bit modern, the rest of the house still has the carpet from when they were built probably. Including a beautiful carpet in one of the toilets.
Wowsa. What a gaff. Can someone get me this for Christmas?
Maybe it's just me but I'd hate to live out in a quiet area like that. I'd be shytting it going on holidays leaving my house out in the pitch black darkness. Ripe for burglary.
That's really nice. I think it's got a balance of being semi rural with plenty house/garden space but still close to city and it will attract a lot of interest at that price. I've seen far worse in less attractive locations at higher prices.
Unless it's got some hidden negative as to why they're moving after 7 years from what you'd think is a forever home, it'll definitely go well over asking.
I saw that alright, strange to see a house like that get planning...wonder if that's a factor in them selling up!
Maybe the house that has jut been built behind it and overlooks your garden. Something I wouldn’t want in a rural location.
Ask price 475k, not sure about final agree price though. Might go up to 530k
Nice a rated detached home in a rural location but only 30 minutes walk to the opera house, what's not to like
A very strange house. Sale agreed on DAFT, not on the Property Price Register, yet out for rent for a minimum of 1 year!
I get it, Mayfield / Montenotte; Mahon / Blackrock etc. but I think not in this case.
I'm surprised to hear that Ballymacthomas has fallen out of use over recent years. I'm sure that if you ask any of the "boomers" or older generation in the area they'll know where it is straight away.
I did discover the name on maps, alright.
However, I've lived in that part of town for 25 years and I've never heard that area described as Ballymacthomas.
I think they are trying to gloss over the whole Shandon Street/Gurranabraher association.
Not according to the eircode:
I knew a family living there in the 70's and it was always referred to as Ballymacthomas. It was probably the name of the old townland.
Oh the name Bally.... Yes, you would imagine it was out in the country alright. Strange way of advertising
There’s nothing wrong with the area. But it’s like it was pointed out the ballymcthomas isn’t the name of the area. Until I clicked the link and saw the building and worked out where it was I was sure it was somewhere in the county.
Whats wrong with the area
It's likely being sold cheap because it was most likely bought from the corporation (city council) cheap, and has never been upgraded as many original features that came with those houses are still there e.g. the toilet, the wardrobes would have been bought when it was first moved into as multiple houses there had the exact same ones, the kitchen etc...
The front room/kitchen as mentioned is on the first floor, as is one (small) bedroom in a back room off the stairs and two bedrooms and a bathroom up a second flight of stairs on the 3rd floor. Your sitting room/kitchen is directly over the sitting room/kitchen of the neighbour next door in an overlapping each other zig zag design to squeeze more units into the building but leads to sound issues for the neighbour below unless thats been dealt with but i'd imagine it hasn't considering the decor...
large sized 3rd floor bedrooms would be a plus of this unit though.
Why would a regular modern looking house be BER Exempt? Like this one for example. Could it possibly be less than 50 sqm? Doesn't look like it. And doesn't look it fits the other requirements for BER exempt status.
40 An Caisleán Drive, Ballincollig, Co. Cork is for sale on Daft.ie
Also, the address? Ballymacthomas?
It's Shandon Street/Blarney Street /Cathedral Road, or its actual address: Gurranabraher.
Why do estate agents make up stupid, misleading addresses? People will figure out where it is.