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Currently buying/selling a house? How is it going? READ MOD NOTE POST #1

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Comments

  • #5252
    decreds
    Banned (with Prison Access) Posts: 144 ✭✭decreds


    Sweet.Science wrote: »
    https://www.auctioneera.ie/property/10-glenfarne-road-raheny-dublin-d05-t6p4


    Sale agreed at 400k . Madness . The whole thing needs to be gutted . And it's Tonlegee rd not Raheny


    You'd want to be some sucker to pay that kind of money for that. I know the area well.


    A lot of people are going to get caught holding the bag when this house of cards eventually crashes. Any couple/individual i know that are buying are doing so out of sheer desperation and panic, very short sighted.


  • #5253
    decreds
    Banned (with Prison Access) Posts: 144 ✭✭decreds


    dia squish wrote: »
    Any thoughts on how much it would cost (roughly) to fix up a place like this? I know it would vary hugely depending on what you want, but a minimum?


    My last house was a fixer upper but it was in 2012 when costs were lower. Currently i'd hazard a guess that it would be at least 70k (could be way off the mark).


  • #5254
    stampydmonkey
    Registered Users, Registered Users 2 Posts: 2,359 ✭✭✭stampydmonkey


    decreds wrote: »
    My last house was a fixer upper but it was in 2012 when costs were lower. Currently i'd hazard a guess that it would be at least 70k (could be way off the mark).

    Bout 30k higher I'd say


  • #5255
    goingagain
    Registered Users Posts: 53 ✭✭goingagain


    I’d say 50-70k, with no extension €150 if you wanted an extension and that would be doing it cheap.


  • #5256
    Markitron
    Registered Users Posts: 3,157 ✭✭✭Markitron


    Sweet.Science wrote: »
    https://www.auctioneera.ie/property/10-glenfarne-road-raheny-dublin-d05-t6p4


    Sale agreed at 400k . Madness . The whole thing needs to be gutted . And it's Tonlegee rd not Raheny

    That house is in Edenmore, not Raheny. The ad says it is 'minutes walk from Raheny village' it is actually closer to Coolock village than Raheny village.

    Paying 400k for that would be straight-up lunacy if it was actually done up really well, paying 400k for it in that state should have you sectioned.


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  • #5257
    Sweet.Science
    Registered Users Posts: 2,940 ✭✭✭Sweet.Science


    Markitron wrote: »
    That house is in Edenmore, not Raheny. The ad says it is 'minutes walk from Raheny village' it is actually closer to Coolock village than Raheny village.

    Paying 400k for that would be straight-up lunacy if it was actually done up really well, paying 400k for it in that state should have you sectioned.

    Its a nice estate in fairness



    This one

    https://www.daft.ie/for-sale/semi-detached-house-32-ardara-avenue-donaghmede-dublin-13/2919898

    401k current offer :(


  • #5258
    Markitron
    Registered Users Posts: 3,157 ✭✭✭Markitron


    Sweet.Science wrote: »
    Its a nice estate in fairness



    This one

    https://www.daft.ie/for-sale/semi-detached-house-32-ardara-avenue-donaghmede-dublin-13/2919898

    401k current offer :(

    Its in a decent state but that is madness


  • #5259
    Sweetaure
    Registered Users Posts: 58 ✭✭Sweetaure


    We were bidding on this house: https://www.daft.ie/for-sale/detached-house-5-landsborough-gardens-douglas-co-cork/2884333


    Latest I heard from the EA, bid was at €495k. Our limit was €480, because the house isn't it, with the renovations necessary.


  • #5260
    Smiley11
    Registered Users Posts: 247 ✭✭Smiley11


    Sweetaure wrote: »
    We were bidding on this house: https://www.daft.ie/for-sale/detached-house-5-landsborough-gardens-douglas-co-cork/2884333


    Latest I heard from the EA, bid was at €495k. Our limit was €480, because the house isn't it, with the renovations necessary.

    Nuts..might be worth that renovated but people just seem to be losing the run of themselves completely. Were there physical viewings on it?


  • #5261
    Sweetaure
    Registered Users Posts: 58 ✭✭Sweetaure


    Not officially, the house is vacant, so the EA left the doors open, and we went in quietly... I'm not sure how many people did that, or if people are bidding without having viewed.



    The house is nice enough, and the location is god, but it is hardly workable the way it is (for instance, the washing machine is in the back of the garage, you have to get out of the house to get to it). EA said it is prob worth around €465k so we walked away at €480k...



    Spoke to another EA from a main agency, and there's a few more houses coming to the market in the next few weeks, so hopefully the supply will start to improve!


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  • #5262
    Nika Bolokov
    Registered Users, Registered Users 2 Posts: 651 ✭✭✭Nika Bolokov


    I think theres going to be a lot of people in a few months feeling very sorry for themselves when they realise they have grossly overpaid for houses they dont really like at all.

    The one in Raheny posted a little while ago could cost 100k to 110k to renovate if a modern heating system and insulation is on your list, place would need to be gutted.

    15k on a new kitchen, 6k on a new bathroom, new windows, new heating, insulation, labour to rip out old fittings, replastering, rewiring in parts im sure at least and top to bottom repainting, flooring etc.

    Not much change out of 550k if you get it up to modern spec at that price with various fees etc.

    Never mind if you want to put on an extension.


  • #5263
    Smiley11
    Registered Users Posts: 247 ✭✭Smiley11


    Thats what we're hoping for. I just don't have it in me to pay way over what I feel a house is worth but obviously these houses are worth that money to others...or they're just plain desperate. We're going to wait out this current wave of insanity in the hope things calm down over the summer. I don't know what to make of this market at all.


  • #5264
    optogirl
    Registered Users, Registered Users 2 Posts: 2,996 ✭✭✭optogirl


    Smiley11 wrote: »
    Thats what we're hoping for. I just don't have it in me to pay way over what I feel a house is worth but obviously these houses are worth that money to others...or they're just plain desperate. We're going to wait out this current wave of insanity in the hope things calm down over the summer. I don't know what to make of this market at all.

    I agree but unfortunately we are with Rebuilding Ireland Home Loan and approval is up in June and we have been told there will be no extensions. Banks offering is paltry as my husband works 2 jobs and so they will only take 50% of his second job into account. Can't believe I'm stuck renting in my 40s, sitting on a decent deposit and saving away....and all for nothing. Getting outbid on every house we like, even those that we know we'd have to plough more money into. So frustrating.


  • #5265
    Milena009
    Registered Users Posts: 133 ✭✭Milena009


    Smiley11 wrote: »
    Thats what we're hoping for. I just don't have it in me to pay way over what I feel a house is worth but obviously these houses are worth that money to others...or they're just plain desperate. We're going to wait out this current wave of insanity in the hope things calm down over the summer. I don't know what to make of this market at all.


    I think that whilst there might / will be houses coming to market, you also will have more competition. People coming off of PUP or other EWSS mortgage obstruction / people with higher deposits than they have now as well.
    So it is a lottery game all around.
    Some people might pay more now for the house but competition is potentially smaller
    Some might prefer to wait and potentially secure bigger house :)

    For example I m in bit of both, i am in no rush to buy however I did view a house over the weekend that if we do seal the deal [ currently highest bid] i would be thirlled but i am not putting pressure on myself here.


  • #5266
    Sweet.Science
    Registered Users Posts: 2,940 ✭✭✭Sweet.Science


    optogirl wrote: »
    I agree but unfortunately we are with Rebuilding Ireland Home Loan and approval is up in June and we have been told there will be no extensions. Banks offering is paltry as my husband works 2 jobs and so they will only take 50% of his second job into account. Can't believe I'm stuck renting in my 40s, sitting on a decent deposit and saving away....and all for nothing. Getting outbid on every house we like, even those that we know we'd have to plough more money into. So frustrating.

    Just from a personal point of view I was in same position . Kept getting outbid . Realized If I wanted to buy I had to change location . I did and went sale agreed


  • #5267
    Markitron
    Registered Users Posts: 3,157 ✭✭✭Markitron


    Nika Bolokov wrote: »
    I think theres going to be a lot of people in a few months feeling very sorry for themselves when they realise they have grossly overpaid for houses they dont really like at all.

    The one in Raheny posted a little while ago could cost 100k to 110k to renovate if a modern heating system and insulation is on your list, place would need to be gutted.

    15k on a new kitchen, 6k on a new bathroom, new windows, new heating, insulation, labour to rip out old fittings, replastering, rewiring in parts im sure at least and top to bottom repainting, flooring etc.

    Not much change out of 550k if you get it up to modern spec at that price with various fees etc.

    Never mind if you want to put on an extension.

    And even after you spend all this money, the house still won't be in Raheny :D


  • #5268
    Smiley11
    Registered Users Posts: 247 ✭✭Smiley11


    Milena009 wrote: »
    I think that whilst there might / will be houses coming to market, you also will have more competition. People coming off of PUP or other EWSS mortgage obstruction / people with higher deposits than they have now as well.
    So it is a lottery game all around.
    Some people might pay more now for the house but competition is potentially smaller
    Some might prefer to wait and potentially secure bigger house :)

    For example I m in bit of both, i am in no rush to buy however I did view a house over the weekend that if we do seal the deal [ currently highest bid] i would be thirlled but i am not putting pressure on myself here.

    I'm very uneasy in this market & I can't motivate myself at all, much as I need to! We have a healthy enough budget & I don't want to settle for something just because I pressured myself into it. I think we'll just wait & hopefully find a house thats worth the money to us.

    Best of luck with your bidding, I'd love to be at that stage! Really hope it works out for you :o
    optogirl wrote: »
    I agree but unfortunately we are with Rebuilding Ireland Home Loan and approval is up in June and we have been told there will be no extensions. Banks offering is paltry as my husband works 2 jobs and so they will only take 50% of his second job into account. Can't believe I'm stuck renting in my 40s, sitting on a decent deposit and saving away....and all for nothing. Getting outbid on every house we like, even those that we know we'd have to plough more money into. So frustrating.

    Its really frustrating but we're trying to make the best of it. I never imagined when we left our last house 14 months ago that we'd still be juggling kids, work & school between 2 counties at this stage but here we are. Its not ideal & we're under pressure as we're also in our 40's but we'll rent if theres no end in sight by year end.


  • #5269
    Nika Bolokov
    Registered Users, Registered Users 2 Posts: 651 ✭✭✭Nika Bolokov


    Markitron wrote: »
    And even after you spend all this money, the house still won't be in Raheny :D

    Haha :-)


  • #5270
    Sweet.Science
    Registered Users Posts: 2,940 ✭✭✭Sweet.Science


    Markitron wrote: »
    And even after you spend all this money, the house still won't be in Raheny :D

    Raheny when selling . Coolock when buying


  • #5271
    decreds
    Banned (with Prison Access) Posts: 144 ✭✭decreds


    Markitron wrote: »
    That house is in Edenmore, not Raheny. The ad says it is 'minutes walk from Raheny village' it is actually closer to Coolock village than Raheny village.

    Paying 400k for that would be straight-up lunacy if it was actually done up really well, paying 400k for it in that state should have you sectioned.


    Couldn't agree with you more, i seriously hope the purchasers are awash with cash and not borrowing their life away for that trash.


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  • #5272
    Sweet.Science
    Registered Users Posts: 2,940 ✭✭✭Sweet.Science


    decreds wrote: »
    Couldn't agree with you more, i seriously hope the purchasers are awash with cash and not borrowing their life away for that trash.

    There's literally nothing you would keep in that house . You are paying 400k for the land nearly


  • #5273
    pleh
    Registered Users Posts: 91 ✭✭pleh


    Progress made, contracts with our brief. Starting the clock now


  • #5274
    FastFullBack
    Registered Users, Registered Users 2 Posts: 1,457 ✭✭✭FastFullBack


    Went sale agreed last week (I am the seller). I now need to view some properties that I am potentially going to rent. Is it OK to travel beyond 5KM for this purpose?


  • #5275
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Mod Note

    General property market chatter moved to this thread

    Please read the mod note in post #1

    Thanks


  • #5276
    Gael23
    Registered Users, Registered Users 2 Posts: 12,123 ✭✭✭✭Gael23


    What is the typical commission charged by an EA outside Dublin?


  • #5277
    Teacher2020
    Registered Users Posts: 150 ✭✭Teacher2020


    Gael23 wrote: »
    What is the typical commission charged by an EA outside Dublin?

    Kilkenny/Carlow - ours is 1.5%

    Signed contracts for buying and selling 2 weeks ago yesterday.
    Solicitor still cannot give us a closing date.
    I could scream at this stage - I'm sick of them using COVID and remote working as an excuse constantly!


  • #5278
    CarMc
    Registered Users Posts: 74 ✭✭CarMc


    Sweet.Science wrote: »
    Just from a personal point of view I was in same position . Kept getting outbid . Realized If I wanted to buy I had to change location . I did and went sale agreed

    Same here, we were getting outbid on every house in our preferred location, switched location and I'm now living in our new house and love it.


  • #5279
    optogirl
    Registered Users, Registered Users 2 Posts: 2,996 ✭✭✭optogirl


    CarMc wrote: »
    Same here, we were getting outbid on every house in our preferred location, switched location and I'm now living in our new house and love it.

    We are really reluctant to move outside of our preferred area
    a) babysitters on tap (8 adults & 4 teenagers in the family within walking distance)
    b) kids happy in school (eldest with aspergers and gets great support)
    c) both able to commute easily to work
    d) kids' friends all in the area

    I know we are the type that make others teeth itch 'wanting to be beside family' etc but really we would rather rent in Dublin where our whole world is than buy a big house in Leitrim and have to uproot jobs/schools and start paying for childcare


  • #5280
    Padre_Pio
    Registered Users, Registered Users 2 Posts: 5,352 ✭✭✭Padre_Pio


    optogirl wrote: »
    We are really reluctant to move outside of our preferred area
    a) babysitters on tap (8 adults & 4 teenagers in the family within walking distance)
    b) kids happy in school (eldest with aspergers and gets great support)
    c) both able to commute easily to work
    d) kids' friends all in the area

    I know we are the type that make others teeth itch 'wanting to be beside family' etc but really we would rather rent in Dublin where our whole world is than buy a big house in Leitrim and have to uproot jobs/schools and start paying for childcare

    Both A and C are big $$$ if you move too far away.

    For all the thousands you might save on buying a house in the sticks, you may lose on commuting costs over the years.


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  • #5281
    Sweet.Science
    Registered Users Posts: 2,940 ✭✭✭Sweet.Science


    optogirl wrote: »
    We are really reluctant to move outside of our preferred area
    a) babysitters on tap (8 adults & 4 teenagers in the family within walking distance)
    b) kids happy in school (eldest with aspergers and gets great support)
    c) both able to commute easily to work
    d) kids' friends all in the area

    I know we are the type that make others teeth itch 'wanting to be beside family' etc but really we would rather rent in Dublin where our whole world is than buy a big house in Leitrim and have to uproot jobs/schools and start paying for childcare

    The reality is you would need at least 350k to get your hands on a property in Dublin 7 at the moment .

    So you will be left with having to make decision between 3 options

    Stay renting
    Apartment instead of a house
    Move a bit outside Dublin 7 . Dublin 15 would be best if you wanted a 3 bed semi


  • #5282
    WacoKid
    Registered Users, Registered Users 2 Posts: 441 ✭✭WacoKid


    Few personal observations:


    The days of house bargains in villages surrounding Dublin are long long gone.


    Yes, some people are actually awash with money and are happy to pay as prices for houses with decent transport links etc. will always stay strong. A household with 2 earners each earning around 80-100k+ is not as uncommon as you might think.


    The east coast of Dublin carries a premium.


    Walking distance to Raheny village (2 x DART stations, park, beach, pubs etc.) is highly desirable and will carry a premium.


    Some people want to buy a kip with no extension etc. to put their own stamp on it. If you buy a house with a 1980's extension you will pay for it upfront and then likely want to knock it as its configuration won't be exactly modern.


    Nice recent refurb houses do not come on the market as the folk who did them up are only starting to enjoy them.


    A decent refurb with single story extension is easily 150k plus, could touch 190k. Dermot Bannon refurbed his 3 bed semi and it cost 530k but obviously he went a bit further than the average dweller.


    There is normally 4% of houses on the market but at present there is only 0.7%. Yes more will come online but prices for good areas will always stay strong.


    Some folk are happy to pump all their money into their house, some happy to live in a kip with a BMW in their drive, and others somewhere in between.


    My 2 cents worth, which is based on shopping around Raheny with a healthy budget for the last 6 months, is pay the premium or go home...unfortunately.


  • #5283
    [Deleted User]
    Posts: 18,749 ✭✭✭✭ [Deleted User]


    optogirl wrote: »
    We are really reluctant to move outside of our preferred area
    a) babysitters on tap (8 adults & 4 teenagers in the family within walking distance)
    b) kids happy in school (eldest with aspergers and gets great support)
    c) both able to commute easily to work
    d) kids' friends all in the area

    I know we are the type that make others teeth itch 'wanting to be beside family' etc but really we would rather rent in Dublin where our whole world is than buy a big house in Leitrim and have to uproot jobs/schools and start paying for childcare

    You're compleletely right. Location is everything. All he things you have mentioned are far more important than living in a big house miles from anyone you know.
    Keep the faith, you will get something


  • #5284
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Currently looking around Dublin 9, very little available and what is there is going over asking.

    It really is hard to know what to do at the moment, we have a house that we could sell with a decent profit but I’m also conscious of grossly overpaying for another house. Kids will be at creche/school age soon so we want to move before that but I’m still not convinced it’s the right thing to do, not being able to view properties doesn’t help!


  • #5285
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    MattS1 wrote: »
    You can strike a balance though. Commuting to see friends etc within an hour. Especially with WFH. A lot of times it's the difference between an A rated house a bit further out or a E rated one in Raheny for example that needs 50k odd.

    Commuting 1 hour (one way) isn't much of a balance though. As tempting as it it to look houses much further away, the reality is a 2 hour round trip any time you need to go back to Dublin for anything, is completely impractical. You'll also pay for it in fuel and cars needing changing much quicker.

    Every single time I've done this, on the way back from the viewing I'm thinking "nope, can't be arsed doing this.. im already knackered". I think allot of people will regret moving way outside Dublin due to WFH when things open back up. It's grand now while WFH is done, but as soon as things open back up again.. it's far less attractive.


  • #5286
    optogirl
    Registered Users, Registered Users 2 Posts: 2,996 ✭✭✭optogirl


    Deleted User wrote: »
    Currently looking around Dublin 9, very little available and what is there is going over asking.

    It really is hard to know what to do at the moment, we have a house that we could sell with a decent profit but I’m also conscious of grossly overpaying for another house. Kids will be at creche/school age soon so we want to move before that but I’m still not convinced it’s the right thing to do, not being able to view properties doesn’t help!

    It is crazy. And it feels really wrong being part of it - bidding on houses I've never been in goes against my instincts big time but I'm really unsure as to where we can go from here. We really need to find something soon


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  • #5287
    WacoKid
    Registered Users, Registered Users 2 Posts: 441 ✭✭WacoKid


    Deleted User wrote: »
    Currently looking around Dublin 9, very little available and what is there is going over asking.

    It really is hard to know what to do at the moment, we have a house that we could sell with a decent profit but I’m also conscious of grossly overpaying for another house. Kids will be at creche/school age soon so we want to move before that but I’m still not convinced it’s the right thing to do, not being able to view properties doesn’t help!



    If you can get good price for your house there is a reason, and its that the market is on the up. If it is a fairly like-for-like move, as in you are not going from city to country, then the cost of changing will remain the same. If the house you are looking at drops in price then it is likely your own house will drop in price also as the market moves around.


    If you go Sale Agreed you will get to see the property. Not ideal and just means more Sale Agreeds may fall thru during COVID.

    Also, my observations is everything is selling for minimum of 10% over asking, and more like 15%. An EA I was talking to said it was a bidding frenzy out there at present with lack of houses, but folks have lots of cash because of not going to the pub, on holidays etc.


  • #5288
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    I thought this one was funny https://www.myhome.ie/residential/brochure/37-st-annes-avenue-raheny-dublin-5/4485827

    It was up a month or two ago with a for around 425k, seemingly in the meantime they realize that it has a side garden that you could build on. So for the privilege of them pointing out that subject to planning permission you could do that and taking some aerial shots it ends up on Bidx1 with a €515,000 guide price.


  • #5289
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    MattS1 wrote: »
    That might be once or twice a week. Totally doable. People won't be back in the office 5 days a week imo. No one wants that even if you live in Raheny. A terrible condition 3 bed is 450k+ in Raheny for 80sqm. Not exactly appealing unless you have 100k extra in cash.

    Matt, you replied to a poster stating why moving to the back arse of no where doesn't work for them. I also wouldn't buy one in the middle of no where either and for me two, two hour roundtrips is absolutely not doable. Zero quality of life when all your friends and family are so far away, that's before needing to come back up for work. Most folks will be back in the office at least 3 days a week, if not more. There'll be a mix for sure, but most people will still be coming back up, I know my company will. There's more spots than just Raheny/wont require the poster to pay 450. That's not their budget anyway.

    Saw your edit.. 1 hour away is not Maynooth, at least at current traffic levels. I'm considering maynooth, celbridge, leixlip.. all 30 minutes or less away from me currently. Anything further and it isn't worth the time spent in the car, particularly if a job change lands myself back closer to city centre. There's plenty worth coming back up to Dublin for, that isn't even in Maynooth or commuter towns.


  • #5290
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    optogirl wrote: »
    It is crazy. And it feels really wrong being part of it - bidding on houses I've never been in goes against my instincts big time but I'm really unsure as to where we can go from here. We really need to find something soon

    I can’t even bring myself to bid at this stage but it’s starting to feel like we will have to. The issue we have is if we don’t move now we probably won’t be able to move for a few years and we want to be somewhere else in the long term.

    However, bidding 4/5/600k or whatever your budget is on something you can’t see is nuts!


  • #5291
    CarMc
    Registered Users Posts: 74 ✭✭CarMc


    optogirl wrote: »
    We are really reluctant to move outside of our preferred area
    a) babysitters on tap (8 adults & 4 teenagers in the family within walking distance)
    b) kids happy in school (eldest with aspergers and gets great support)
    c) both able to commute easily to work
    d) kids' friends all in the area

    I know we are the type that make others teeth itch 'wanting to be beside family' etc but really we would rather rent in Dublin where our whole world is than buy a big house in Leitrim and have to uproot jobs/schools and start paying for childcare

    Oh yeah I don't think anyone was suggesting a jump from D7 to Leitrim. Just an option to look a little outside of D7? I know what it's like to keep getting outbid - it's no fun at all and very disheartening.


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  • #5292
    0gac3yjefb5sv7
    Closed Accounts Posts: 3,948 ✭✭✭0gac3yjefb5sv7


    optogirl wrote: »
    We are really reluctant to move outside of our preferred area
    a) babysitters on tap (8 adults & 4 teenagers in the family within walking distance)
    b) kids happy in school (eldest with aspergers and gets great support)
    c) both able to commute easily to work
    d) kids' friends all in the area

    I know we are the type that make others teeth itch 'wanting to be beside family' etc but really we would rather rent in Dublin where our whole world is than buy a big house in Leitrim and have to uproot jobs/schools and start paying for childcare

    Can you buy a smaller place that will still suit your needs nearby? It sounds like you love it there so if you can even get a house that you can do up over time, that may be the best option.


  • #5293
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    MattS1 wrote: »
    An hour or 40 mins isn't miles away for me! Or less by car. Most people's friends don't buy in the same area. You make friends where you set down roots as well as having friends that you may not see all the time.

    No one has a clue what will happen but there certainly won't be any need to be in 3 days week, when everyone has worked from home seamlessly for a year. Many people will have bought further out in the past year in need of space vs proximity to work. Ideally everyone would buy in a lovely location in Dublin but it isn't affordable for most. An apartment cost in a nice area of Dublin will get you a new build in Maynooth or the likes.

    I'd like to know a 3 bed, that isn't e rated or 80sqm in a nice area in Dublin for under 450k? That is close to the city also.

    Greenhills (20 mins from City on the bus) and parts of lucan. No where near 450k. Not many come up in Greenhills, but you wouldn't need to go anywhere near 450 for one. Definitely bigger than 80sq m.


  • #5294
    cubatahavana
    Registered Users, Registered Users 2 Posts: 991 ✭✭✭cubatahavana


    givyjoe wrote: »
    Commuting 1 hour (one way) isn't much of a balance though. As tempting as it it to look houses much further away, the reality is a 2 hour round trip any time you need to go back to Dublin for anything, is completely impractical. You'll also pay for it in fuel and cars needing changing much quicker.

    Every single time I've done this, on the way back from the viewing I'm thinking "nope, can't be arsed doing this.. im already knackered". I think allot of people will regret moving way outside Dublin due to WFH when things open back up. It's grand now while WFH is done, but as soon as things open back up again.. it's far less attractive.

    Loads of places within Dublín will have a commute of one hour each way to work when traffic levels come back to normal. N11, malahide road, N4... they’re all horrible


  • #5295
    Green Mile
    Registered Users, Registered Users 2 Posts: 498 ✭✭Green Mile


    There’s a property on Bidx1 that I like. Anyone ever used Bidx1?
    I feel a bit nervous about bidding like that, fees, commission aren’t transparent, I’m guessing the seller covers all that?
    I’d rather stick dealing with an EA to buy a house but this house is priced very well if there not much bidding.


  • #5296
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    cubatahavana wrote: »
    Loads of places within Dublín will have a commute of one hour each way to work when traffic levels come back to normal. N11, malahide road, N4... they’re all horrible

    Well, the one hour outside dublin at the moment will be twice as long, then!


  • #5297
    Claw Hammer
    Registered Users, Registered Users 2 Posts: 6,295 ✭✭✭Claw Hammer


    Green Mile wrote: »
    There’s a property on Bidx1 that I like. Anyone ever used Bidx1?
    I feel a bit nervous about bidding like that, fees, commission aren’t transparent, I’m guessing the seller covers all that?
    I’d rather stick dealing with an EA to buy a house but this house is priced very well if there not much bidding.

    The vendor pays the agents fees. Many of the properties on Bidx1 are not mortgageable. Prices often go well above the advised minimum. Once the bid is accepted there is deemed to be a contract, so the title has to be checked beforehand and surveys completed. There is no going back if there is a problem.


  • #5298
    ebayissues
    Registered Users Posts: 448 ✭✭ebayissues


    WacoKid wrote: »
    Few personal observations:


    The days of house bargains in villages surrounding Dublin are long long gone.


    Yes, some people are actually awash with money and are happy to pay as prices for houses with decent transport links etc. will always stay strong. A household with 2 earners each earning around 80-100k+ is not as uncommon as you might think.


    The east coast of Dublin carries a premium.


    Walking distance to Raheny village (2 x DART stations, park, beach, pubs etc.) is highly desirable and will carry a premium.


    Some people want to buy a kip with no extension etc. to put their own stamp on it. If you buy a house with a 1980's extension you will pay for it upfront and then likely want to knock it as its configuration won't be exactly modern.


    Nice recent refurb houses do not come on the market as the folk who did them up are only starting to enjoy them.


    A decent refurb with single story extension is easily 150k plus, could touch 190k. Dermot Bannon refurbed his 3 bed semi and it cost 530k but obviously he went a bit further than the average dweller.


    There is normally 4% of houses on the market but at present there is only 0.7%. Yes more will come online but prices for good areas will always stay strong.


    Some folk are happy to pump all their money into their house, some happy to live in a kip with a BMW in their drive, and others somewhere in between.


    My 2 cents worth, which is based on shopping around Raheny with a healthy budget for the last 6 months, is pay the premium or go home...unfortunately.


    Having looked at Raheny, there certainly is a premium alright.



    However, these premium are not transferring to some of the ex-corp houses withing walking distance to Raheny. Some selling for 310/330/345 whislt similar houses are going higher in Donycarney, Eastwall etc.


    Most of the houses above 500k, need to be gutted and refurbished, if adding extension another 200k. Even so, might not be as big as 150M2.


    It defo is a lovely place, St Anne Park, close to howth, Clontarf, Dolly mount and North Bull Island. Also les than 30 mins to Conolly station.




    What I dont like about it is there isn't much of a resturant or Pub - pre-covid that's. Maybe I'm looking at the wrong area.


  • #5299
    ebayissues
    Registered Users Posts: 448 ✭✭ebayissues


    The probability of moving in a house thats 80m2 is high. Before making the 515k in livable cndition will cost another 100k minimum. 620K exluding fees on a 80M2 house...........Jeez


  • #5300
    tianna
    Registered Users Posts: 148 ✭✭tianna


    Just went sale agreed on an apartment and get to see it for the first time on Friday.

    We didn't think we'd bid on anything without viewing it first but when level 5 was extended we decided to go for it. Hoping the place doesn't look too different from the video!


  • #5301
    optogirl
    Registered Users, Registered Users 2 Posts: 2,996 ✭✭✭optogirl


    tianna wrote: »
    Just went sale agreed on an apartment and get to see it for the first time on Friday.

    We didn't think we'd bid on anything without viewing it first but when level 5 was extended we decided to go for it. Hoping the place doesn't look too different from the video!

    Congratulations. Hope it is just what you want.


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