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Struggling to sell house in West Dublin ( Is the market slowing down )

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24

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    #32
    randoplh134
    Banned (with Prison Access) Posts: 94 ✭✭randoplh134


    TheSheriff wrote: »
    Op, could you specify where in 'West Dublin' your property is located ? Might give some context ....

    Dublin 15


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    #33
    Corruptedmorals
    Registered Users Posts: 4,194 ✭✭✭Corruptedmorals


    That's a massive price for a terraced in Dublin 15, 325? Unless it's in Castleknock. We have bought a 3 bed semi detached bigger than usual house in a good part of Dublin 15 and it was significantly less than that. Far less at viewings and far less competing at the 280+ mark than there were lower than that because you're in the ballpark of new houses budgets then and it has far more than most areas, Fingal is bursting with new builds.


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    #34
    elizunia87
    Registered Users Posts: 125 ✭✭elizunia87


    randoplh134 wrote: »
    Dublin 15

    To be honest i am not surprised. The situation now in Dublin 15 is not the best. We are looking to buy and we did consider dublin 15 but with all the news, crime we will definitely not buy there. The price is way too high for Dublin 15, unless is Castleknock. For this price I can have house closer to city centre, Walkinstown, Palmerstown.


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    #35
    Nika Bolokov
    Registered Users Posts: 651 ✭✭✭Nika Bolokov


    anewme wrote: »
    I disagree totally. Grange Castle was coming on stream when I worked there nearly 20 years ago. It’s not much further on.

    The infrastructure for Adamstown is poor. I know people there who hate it but can’t leave.

    They moved the old train station in Clondalkin from Cloverhill, which ppl used to the other white elephant place.

    Clonburris is going to be the same. A high percentage of social. There’s also plans for too many houses in Clondalkin, a high percentage will be social housing. There’s already too much anti social behavior. In and around Grange Castle area, scramblers, hordes etc are a scourge.

    The Fonthill road is already chaos from a traffic point of view.

    Anyone I know buying now who would have bought in the area are buying further out.

    Op did not say if this was the area he’s trying to sell in, just giving reasons in case it is.


    Grange castle has been transformed in the past 18 months , huge road improvements.

    Every major new development in Dublin will have some social housing element. If that's a problem then you always have the older estates in these areas.

    Adamstown is not a mess , it's far better designed than some of the mega estates being built in Dublin 13 , Lusk and Rush.

    Mixed housing with some social housing is the way forward. It's how it works all over Europe. If you Google one apartment block in Dublin 18 where social housing was to be an element the hysterical responses from local residents included a request for 24 hour security.

    Like many attitudes in Ireland this is one that will change in time.

    I would take on a massive daily commute over that.


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    #36
    jam_mac_jam
    Registered Users Posts: 4,719 ✭✭✭jam_mac_jam


    Your price is too high unless it's castleknock or right beside a train station. Lower your asking price and you will have more interest


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    #37
    hmmm
    Registered Users Posts: 11,205 ✭✭✭✭hmmm


    Nika Bolokov wrote: »
    Mixed housing with some social housing is the way forward.
    Agreed, however the initial build in Clonburris looks like it will be 70% social (and "affordable"). I don't know who is going to buy the affordable, and who in their right mind will buy the 30% at full price.

    It's mental, and with SF losing seats all over you can see what people think about it.


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    #38
    NIMAN
    Registered Users Posts: 33,139 ✭✭✭✭NIMAN


    Have you a link to your house? Is it online?


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    #39
    Heres Johnny
    Closed Accounts Posts: 2,738 ✭✭✭Heres Johnny


    Yes without a link nobody can say if you're overpriced or not.
    I live in West Dublin, Lucan, and 3 beds here will get 320k apart from some of the rougher areas. Mine was valued at more than that about a year ago when I was getting a valuation for a reduced mortgage rate.
    I believe every house will have a buyer on Dublin at the moment, but for the right price.


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    #40
    anewme
    Registered Users Posts: 11,880 ✭✭✭✭anewme


    hmmm wrote: »
    Nika Bolokov wrote: »
    Mixed housing with some social housing is the way forward.
    Agreed, however the initial build in Clonburris looks like it will be 70% social (and "affordable"). I don't know who is going to buy the affordable, and who in their right mind will buy the 30% at full price.

    It's mental, and with SF losing seats all over you can see what people think about it.

    Clonburris is a disaster waiting to happen.

    Read today about plans for an additional 1160 houses between Rathcoole, Kilinarden, Belgard North and Clonburris.

    Mix is 29% social, 46% affordable, 12% affordable rent and 13% private.

    Op, is your house in a private estate in Dublin 15 - 325 to 260 is a fairly big drop, did you ask your EA why the bug drop?

    Have you checked the property register for recent sales nearby?
    Mix is 29% social, 46% affordable, 12% affordable rent, 13% private.


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    #41
    Browney7
    Registered Users Posts: 3,099 ✭✭✭Browney7


    OP, Dublin 15 is probably as useful as saying West Dublin to be fair. Castleknock, blanch village (at a push) and price not too bad. Mulhuddart or corduff you're off your head


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    #42
    Ms2011
    Registered Users Posts: 3,120 ✭✭✭Ms2011


    Sold a 3 bed terrace in a less than desirable area of D22 this time 2 years ago for 308k, 25k over the asking with 3 different bidders vying for it. It went sale agreed and was sold within a month of going on the market.
    Unless there has been some big changes in the market (I haven't been keeping track since selling) I think there must be some big issues with the house or location.


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    #43
    anewme
    Registered Users Posts: 11,880 ✭✭✭✭anewme


    Ms2011 wrote: »
    Sold a 3 bed terrace in a less than desirable area of D22 this time 2 years ago for 308k, 25k over the asking with 3 different bidders vying for it. It went sale agreed and was sold within a month of going on the market.
    Unless there has been some big changes in the market (I haven't been keeping track since selling) I think there must be some big issues with the house or location.

    Op's house is D15, but not sure what area.

    It seems the market is levelling off generally.


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    #44
    Corruptedmorals
    Registered Users Posts: 4,194 ✭✭✭Corruptedmorals


    We noticed much higher numbers at viewings for houses around the 260k asking mark in Dublin 15 than those 290k asking. Because there are so many new houses being built in Dublin 15 that are not far off that budget wise and plenty on the market that are less than 5 years old so the competition is really lacking for older houses in the area with higher asking prices.


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    #45
    Spanish Eyes
    Registered Users Posts: 15,906 ✭✭✭✭Spanish Eyes


    elizunia87 wrote: »
    To be honest i am not surprised. The situation now in Dublin 15 is not the best. We are looking to buy and we did consider dublin 15 but with all the news, crime we will definitely not buy there. The price is way too high for Dublin 15, unless is Castleknock. For this price I can have house closer to city centre, Walkinstown, Palmerstown.

    Our friends bought in Palmerstown end of last year. They work in town. The bus is straight through on a bus lane all the way.

    Not much going on there though according to them, but it is convenient and a doddle into town. Cannot say more as I don't know, but their house is nice.


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    #46
    punisher5112
    Registered Users Posts: 24,647 ✭✭✭✭punisher5112


    It definitely has something to do with the help to buy tax savings scheme....


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    #47
    anewme
    Registered Users Posts: 11,880 ✭✭✭✭anewme


    Spanish Eyes wrote: »
    elizunia87 wrote: »
    To be honest i am not surprised. The situation now in Dublin 15 is not the best. We are looking to buy and we did consider dublin 15 but with all the news, crime we will definitely not buy there. The price is way too high for Dublin 15, unless is Castleknock. For this price I can have house closer to city centre, Walkinstown, Palmerstown.

    Our friends bought in Palmerstown end of last year. They work in town. The bus is straight through on a bus lane all the way.

    Not much going on there though according to them, but it is convenient and a doddle into town. Cannot say more as I don't know, but their house is nice.

    Palmerstown not cheap though.


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    #48
    liam7831
    Registered Users Posts: 2,817 ✭✭✭liam7831


    Get a new auctioneer current one is obviously not great. County/Country is full of auctioneers so negotiate a comission of .75%, I sold my house last month in a Dublin commuter town, think I just flogged it in time.


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    #49
    Ush1
    Registered Users Posts: 11,461 ✭✭✭✭Ush1


    I had my 3 bed semi in Tallaght with attic conversion and extension valued by an estate agent at 325k, that was about 3 months ago.


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    #50
    Lumen
    Registered Users Posts: 31,017 ✭✭✭✭Lumen


    elizunia87 wrote: »
    To be honest i am not surprised. The situation now in Dublin 15 is not the best. We are looking to buy and we did consider dublin 15 but with all the news, crime we will definitely not buy there. The price is way too high for Dublin 15, unless is Castleknock. For this price I can have house closer to city centre, Walkinstown, Palmerstown.
    I lived in a middling area of D15 for 12 years and it was great, the only downside was that there weren't any houses on the market I wanted to trade up to.

    There's far too much variation to dismiss out of hand, you can be living a couple of hundred metres from absolute scumbags (I don't mean poor people, I mean violent criminals) and it would make precisely zero difference to your life.


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    #51
    randoplh134
    Banned (with Prison Access) Posts: 94 ✭✭randoplh134


    The property is located in Manorfields and has undergone extensive work and upgrades such as a conservatory, decking and a significant BER energy improvement since the purchase, this is not your average run of the mill dump like most of you are making West Dublin out to be.


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    #52
    retalivity
    Registered Users Posts: 14,066 ✭✭✭✭retalivity


    anewme wrote: »
    Clonburris is a disaster waiting to happen.

    Read today about plans for an additional 1160 houses between Rathcoole, Kilinarden, Belgard North and Clonburris.

    Mix is 29% social, 46% affordable, 12% affordable rent and 13% private.

    Jesus...those 13% are going to be sold a pup...


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    #53
    ongarboy
    Registered Users Posts: 5,201 ✭✭✭ongarboy


    randoplh134 wrote: »
    The property is located in Manorfields and has undergone extensive work and upgrades such as a conservatory, decking and a significant BER energy improvement since the purchase, this is not your average run of the mill dump like most of you are making West Dublin out to be.

    As someone who lives not far from there, I can say Manorfields is a nice, early 00s established area. However, the area around it (Hansfield) has seen almost 1000 brand new homes constructed in the last 5 years and is 5-10 minutes walk from the train station. Manorfields is 25+mins walk. FTBs and trader uppers are going for the brand new A rated BER homes in Hansfield of which there are plentiful supply and similar price ranges (325-350k). Supply is slowly starting to meet demand and as more people are working (unemployment less than 5%) wages are rising meaning bigger mortgages so more house hunters can be more discerning.

    I'd say there is nothing wrong or offputting about your property OP...just that there is more and slightly better choice and product available in that locality. Many more homes are to be built in Hansfield and the soon to be rezoned Barnhill SDZ at the other side of the Hansfield train station so plentiful supply ahead.


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    #54
    slfcarro5
    Registered Users Posts: 220 ✭✭slfcarro5


    I live near there at present and am in the process of selling our house. We have just gone sale agreed at 270k for a 3 bed terraced house. I think that the 320k sounds like it was abit over priced but 260 sounds reasonable without seeing it. Took us about 5 weeks to go sale agreed on ours.
    In terms of the market in D15 I am also buying around there and it seems very slow to me at the moment. Some really nice houses taking a good while to move and things that last year would have been snapped up are now hanging around alot longer.
    I terms of selling I always found if you see a house with such a drop in price you are always wondering what's wrong with that house.


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    #55
    mariaalice
    Registered Users Posts: 12,389 ✭✭✭✭mariaalice


    In a lot of places, new builds are putting the prices of secondhand property under pressure, especially Celtic tiger properties.


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    #56
    Eric Cartman
    Registered Users Posts: 26,282 ✭✭✭✭Eric Cartman


    anewme wrote: »
    Clonburris is a disaster waiting to happen.

    Read today about plans for an additional 1160 houses between Rathcoole, Kilinarden, Belgard North and Clonburris.

    Mix is 29% social, 46% affordable, 12% affordable rent and 13% private.

    Op, is your house in a private estate in Dublin 15 - 325 to 260 is a fairly big drop, did you ask your EA why the bug drop?

    Have you checked the property register for recent sales nearby?
    Mix is 29% social, 46% affordable, 12% affordable rent, 13% private.

    The ‘full price’ homes will stay on the market for 2 years and then sell at the ‘affordable’ price unless theyre walled off and come wity security. The things people say about ballymun in the 90s is clonburris 2030


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    #57
    AlmightyCushion
    Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,056 Mod ✭✭✭✭AlmightyCushion


    Aren't these affordable schemes for people on an income up to 50k for an individual or up 75k for a couple? Hardly junkies we're talking about here.


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    #58
    Eric Cartman
    Registered Users Posts: 26,282 ✭✭✭✭Eric Cartman


    AlmightyCushion wrote: »
    Aren't these affordable schemes for people on an income up to 50k for an individual or up 75k for a couple? Hardly junkies we're talking about here.

    29% social and 12% affordavle (HAP) rent is what im talking about. Not everyone in ballymun was unemployed either , but it only takes 10% to ruin an entire area, this is a 41% dice roll


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    #59
    Edgware
    Registered Users Posts: 5,875 ✭✭✭Edgware


    Eric Cartman wrote: »
    29% social and 12% affordavle (HAP) rent is what im talking about. Not everyone in ballymun was unemployed either , but it only takes 10% to ruin an entire area, this is a 41% dice roll
    It only takes one family of scum to ruin an area not 10%


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    #60
    Eric Cartman
    Registered Users Posts: 26,282 ✭✭✭✭Eric Cartman


    Edgware wrote: »
    It only takes one family of scum to ruin an area not 10%

    True, but the problem is the ither kids join in the ‘wannabe hardman’ game and then something something neilstown...


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    #61
    DingDongDitch
    Registered Users Posts: 18 ✭DingDongDitch


    AlmightyCushion wrote: »
    Aren't these affordable schemes for people on an income up to 50k for an individual or up 75k for a couple? Hardly junkies we're talking about here.


    The chances of a 50k single / 75k combined income voluntarily accepting an affordable home in that development is slim to none. Unless they happen to be completely ignorant or clueless about the % of social housing around them. When the building of new developments eventually settles down (already starting..) the scramble for A-rated homes over location will reverse imo. Older houses in private settled areas can be brought up to standard through retrofitting programmes which will intensify and become more accessible. It can take many years for antisocial problems to appear and grow in these new developments, and as history has proved - the situation rarely reverses over time with the exception of some gentrified areas close to the city centre (Stoneybatter, etc). The social developments from decades past are still plagued by antisocial behavior (and now gangland activity) today (Ballymun, Finglas, Ballyfermot, Neilstown, etc).


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