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I'm building a new property valuation website- what do you think? easyoffer.ie

  • 03-01-2025 09:44PM
    #1
    Registered Users, Registered Users 2 Posts: 14


    I'm building a new website, easyoffer.ie for Irish property valuations. Check it out and let me know what you think



Comments

  • Registered Users, Registered Users 2 Posts: 1,914 ✭✭✭JVince


    Surely property price register will give the most accurate information.

    Anything other than a "would like to know" valuation has to be done by someone with experience and show validation for what they write.

    Just can't see the value in the site or where you can commercialise it



  • Registered Users, Registered Users 2 Posts: 14,262 ✭✭✭✭Geuze


    It says no houses sold near me, yet three doors down sold this year.



  • Registered Users, Subscribers, Registered Users 2 Posts: 2,178 ✭✭✭wanderer 22


    I certainly find it easier to use than the property register, user interface is far better. Good job.



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Thanks for checking it out.

    I agree, the property price register is a good tool- however the property market changes so fast. If my neighbour sold 3-6 months ago, id expect a different price today for my house.

    If detailed explanation about the valuation and how the figure was arrived at was provided would it give you more comfort?

    Thanks again



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Where in the country are you? It's mainly Dublin currently- apologies I should clarify that. Hoping to get country wide valuations up very soon.

    Thanks for taking the time to check it out



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  • Registered Users, Registered Users 2 Posts: 1,758 ✭✭✭pawrick


    Changing the BER rating from C to B shows an increase in valuation, moving up to A drops it back to the same valuation as at C with no other changes to the informagtion input.

    Also, drop down address list uses An Post address I guess, often the An Post address assigns the county as that of the nearest Postal district/zone and not that of the actual county (just looking at my own outside of Athlone, Co. Roscommon assigned to Westmeath for example), no idea if that could affect your other data when comparing on a by county basis etc.



  • Registered Users, Registered Users 2 Posts: 269 ✭✭hello2020


    Very simple but Interesting site. Looks more useful to find out the price of recently sold neighbouring houses but newly built house will have higher prices than old ones.



  • Registered Users, Registered Users 2 Posts: 764 ✭✭✭Mick Tator


    @EasyOffer Are you being upfront with what you are describing with your opening post?

    The link reaches what reads like a country estate agent’s crappy site. You say your objective is “To provide accurate, instant property valuations that help Irish homeowners make informed decisions about their properties.” As said by other posters above, everypne is aware of the PPR, has to pay RPT and has a good idea of the price of their house. What value does you site bring to a potential vendor? How can your site make money?

    If I want to sell a house, I have a good idea of its value from local sales. I then talk to a few reputable estate agents to see what deal they offer, including what valuation they put on the property. You also have licensing issues to overcome.

    Seems to me like a cheap knock-off of something that wants to grow like purplebricks. Did you know what happened to them?



  • Registered Users, Registered Users 2 Posts: 12,091 ✭✭✭✭Jim_Hodge


    The values are cr@p. I put in 4 fake details for houses in one area and got the same value for all. Ranging from 120 sq mt to 600 sq mt. One bath and 2 baths. B to F BER. All gave the same valuation, just altering the cost per sq mt, which was way over what anything in that area has sold for in recent years.



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Thanks for trying it out Jim. Where in the country was this? Dublin is definitely running better than outside Dublin, so hoping it was outside the pale?
    The model is constantly being updated with new data so hoping valuations will get better and better.

    If the valuation was spot on can you see a positive use for the site?

    Thanks again for checking it out.



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  • Registered Users, Registered Users 2 Posts: 1,706 ✭✭✭Uncle Pierre


    OP - I just had a look, and while I know you've said it's mainly Dublin-focused right now, I think there's something else you'll need to consider for houses in the countryside in particular. It's the size and type of the site that the house stands on.

    I'm in rural County Wexford myself, and our house stands on nearly an acre and a half of mature and dare I say fairly attractive garden. Our nearest neighbour's house is pretty much identical to ours in terms of floor area, bedrooms/bathrooms, and probably even BER - but it stands on just over half an acre of nothing but grass.

    If both houses were to go on the market tomorrow, I'd expect there'd be a significant difference in asking prices. But your site would return the same valuation for both.



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Thanks Uncle,
    Absolutely- it's something we're trying to figure out and incorporate at the moment!!As a Dub I haven't really got a clue as to what is 'Attractive' land and what isn't in the countryside. But I'll learn!!! Road frontage maybe?

    But thank you for the feedback.

    What do you think of the site as a whole? Can you see value in it for buyers/sellers?

    up the yellowbellies!!



  • Registered Users, Registered Users 2 Posts: 12,091 ✭✭✭✭Jim_Hodge


    jeez! Road Frontage? You really don't get property outside Dublin do you? The Property price register is excellent and is based on actual sales. Yours, based on my attempts on the the site, are pure guesses.



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer




  • Registered Users, Registered Users 2 Posts: 1,469 ✭✭✭Rocket_GD


    Put in my address, think you may need to tweak some formulas as I doubt there's been 27,268% price growth in the last few months.

    High Demand:

     Local area has seen a remarkable 27268% price growth in the last 90 days, indicating strong demand.



  • Registered Users, Registered Users 2 Posts: 12,091 ✭✭✭✭Jim_Hodge


    Agreed. It said our area had high demand and price growth when it's exceptional if one house is for sale every three or four years. It also seems to use commas (,) instead of decimal points (.).



  • Registered Users, Registered Users 2 Posts: 5,074 ✭✭✭opus


    I hope this keeps up as I should be able to sell it & retire pretty soon 🙂

    Local Area Outperformer: Local area has had an extraordinary 29131% price growth in the last 90 days, outperforming the wider area growth of 0%



  • Registered Users, Registered Users 2 Posts: 12,091 ✭✭✭✭Jim_Hodge


    My house came up with a value at least €150,000 over it's realistic worth. I hope insurers and Local Property Tax aren't using it. 😯



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Thanks Gary- that can happen sometimes alright. Try re-running it and see if it updates itself? The property market is crazy, but i'll admit not that crazy!!Thanks for checking it out



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Jim, when was the last time you got your house valued?

    Properties going for crazy prices these days and well over asking for the most part. You never know- could get closer to that figure than you think??



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  • Registered Users, Registered Users 2 Posts: 12,091 ✭✭✭✭Jim_Hodge


    Valued not too long ago. You, and the site, keep saying prices have gone up crazily, and we're aware of that, but your values are way off. They also value based on, it would appear, size and location. There's much more to it than that. The fact remains that it gave the same value for, now six examples entered, premises of vastly differing sizes and features. I out in homes in this area that are vastly different and go the same price range. At that, I'm done.



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer




  • Registered Users, Registered Users 2 Posts: 184 ✭✭_H80_GHT


    Not for everybody isn't the appropriate response here. It's implies it's inaccuracies is due to the user.



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    I'm here looking for feedback and I've got some good feedback from the user whether it's positive or negative. I'll take it and work with it.

    5 responses in 24 hours from the user telling me that it's not working and is not into into the product as an idea. That's totally fine. He said he was done. That's also fine. It's not for him.



  • Registered Users, Registered Users 2 Posts: 1,706 ✭✭✭Uncle Pierre


    OP, I'll be blunt in my assessment, but I'm inclined to agree with much of the above. There are many, many "tweaks" that will be needed before you have a satisfactory working model, and to be honest, some of them are much greater than "tweaks". And even then, I don't see how you'll be able to monetise it.

    Take the example of two houses standing side-by-side in an estate, identical in terms of floor space, number of bedrooms/bathrooms, etc. Say one of them has been absolutely pristinely maintained, and the other's basically falling apart. Your site would give the same valuation for both of them.

    Yes, your valuation is only an estimate, but why would anybody pay you for an estimate that could be way off a realistic figure?



  • Registered Users, Registered Users 2 Posts: 15,100 ✭✭✭✭callaway92




  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Fair concerns, and something we acknowledge is a gap for sure! We will be working to try and get further details from users on property details as we go. Hopefully be able to ask users if the property is extended, garden size, details on Kitchens etc. However we don't want to overdo the questions from the off as people will lose interest. This will hopefully get us to a more detailed valuation and close the gap you've mentioned above. But you're right - it's not a tweak. We are in the infancy of this though.

    With regard to monetization, this is also something we're trying to figure out. The whole idea was born from the fact that a lot of people have no idea how much property is actually worth and why a property is valued the way it is. I had a horrendous time trying to buy a property much like many others and if I had some data driven insights into why a property may or may not be worth the asking price, I think it would have benefited me when dealing with agents. Let's see. more to come from easyoffer though for sure!!



  • Registered Users, Registered Users 2 Posts: 1,469 ✭✭✭Rocket_GD


    Ye it wasn't much better this time. Look it's not a bad tool, I think it requires a hell of a lot more data inputs to get any accurate results.

    Local Boom:

     Local area has seen a 1500% spike in prices over the last 3 months.

    I put in my parents house in a country village and the estimate was 125k over what was sold just a few months ago in the same estate.



  • Registered Users, Registered Users 2 Posts: 14 EasyOffer


    Thanks for trying it out Gary and the feedback. You're dead right- we need as much data as possible! We know we can get this better and feel it can give users value so will persevere.

    Thanks again for checking it out!



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  • Registered Users, Registered Users 2 Posts: 635 ✭✭✭dubstepper


    I like your 'agent dash', if I understand it correctly. It is a comparison of asking vs what the sold for? I think that is a useful bit of information when you are selecting an agent. Not mad on the name though. It doesn't accurately describe the content of the page.

    On the valuations piece, I put in three address I would have an idea of the price on and I think it was fairly close.

    Who would really use your tool though? As a purchaser (in Dublin) the key pieces of information on my offer is probably the asking price, recent sales and other bidders. Maybe in an area with little comparable sales it might be useful.

    It might be useful for estate agents to come up with a valuation, but are they likely to pay for your service.



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