Irish Property Market chat II - *read mod note post #1 before posting*

historical prices are totally irrelevant

neighbouring houses can vary significantly. They can be in different state. Some might have modern kitchens, bathrooms, some might be completed dated

they may have different orientation, gardens et

^^ this

many agents wouldn’t try it because they lower the asking price to get people into bid.

They always give the selller an expected sale price.

This airbnb banning in towns of over ten thousand is comedy! It will bring around ... wait for it... ten thousand extra homes for long term let's... 10,000 lol. Meanwhile on a colossal brownfield land bank a few km from oconnell street, the council are planning mostly four floor apartment blocks...

Im new to the property market in Ireland.

What's the current trend, based on the following scenario...

Buying a detached house, rural location .. Carlow, Kildare.

Asking price of 500k.

Is it still likely to go 10% above asking price? What's the best strategy to take on this?

I am not in a chain.

New report from ESRI saying Airbnbs are not the root cause of the shortage in rental accommodation.

https://www.rte.ie/news/business/2025/0425/1509328-airbnb-esri/

I see hundreds of houses under construction in north Dublin. Everywhere I look, I see large housing estates being built.

Yet there are still very long delays to get houses connected to electricity and water supplies.

Many years ago, we waited months for both electricity and water to be connected. House sat finished for months, but delay after delay. We were renting and kept having to push out our move out date Thankfully the landlord was understanding.

Seems nothing has changed and there are still huge delays in connecting services. Why is more pressure not being put on ESB networks and Irish Water to get the houses connected faster?

Darragh O'Brien was housing minister for five years. And the housing crisis is worse than ever. Does he think he did a good job? You didn't Darragh.
Edit: And I just realised he's now minister of Transport. Jays, failing up is it? 😡

Somebody thought it was a good idea to appoint the wolf to care for the hen house with a 430k salary

This is why housing will always be dysfuntional

Donald Trump salary is USD 400k but this Tsar should be paid more. I think it is a farce.

Spot on. It’s the public fault. Politicians just dance to the tune of public sentiment.

We’re destined to either have power seeking loons or under qualified people in key roles because no chance could the public swallow someone being paid a decent salary to reflect the task at hand…that would be a greater sin than the crisis itself…meanwhile the CFO of Cairn homes made €1.7m last year and didn’t have ‘The Ditch’ digging up absurd nonsense on him.

Same crew that will bemoan the fact that all politicians are rubbish but we should reduce the salary.

it’s what attracts the bidders that’s important.

Spot on, have a read of this completely botched HSE IT upgrade…essentially they went with the cheapest supplier and got what they paid for.

Then you have the children's hospital, the complete opposite with new cheques been written out every month.

I dont know if the guy who was getting 420k was worth it or not, but, 420k is nothing in the context of the billions we are spending, and if these jobs were done right we'd be saving multiples of this anyway.

The opposition jumping up and down on something minor like this rather than focusing on putting forward their alternative suggestions makes me sick.

Private second hand home is going to be more achievable than a new build, when the govt are frequently buying/renting new builds because they aren"t building social homes themselves.

Location - every single time unless there's significant work needed on the better located house.

Energy ratings are a bit of a con job in reality - and you'd be surprised how many issues you can have with a new A rated house that you won't have with an older house - particularily given some of the horror stories around how some building work is now done and the relative "unproven-ness" of some of the methods/technologies used over time. (People will argue with this opinon, thats fine)

Older houses can be made more energy efficient and if that is the only thing that concerns you, I'd be going for location all day long.

Depending on your circumstances - being close to a school (national/secondary/ideally both) is massivily important if you have or are planning to have kids. It's something you sometimes only really appreciate when you have kids but it's massive. This is one tick box in relation to location. You'll be ferrying kids to and from school for 8 - 15 years each or relying on public transport, be great if they could walk or cycle…….what kind of premium would you pay on this? You'd heat/retrofit a house with the money and time/hassle you'd save on transport in the first few years or pump a lot of oil into the house to have it toasty all winter long, and be doing your bit for the environment!

Same for closeness to work, ability to walk to shops/pubs/restaurants - obviously the house may not tick all the boxes location wise.

Not much point having a cheap to heat house if you have a 700KM - 1000KM commute every week or similiar.

Never mind the actual matureness of the estate (lack of management fees etc, larger green areas, larger house plots) that you often find in older and generally better located estates.