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

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Comments

  • Registered Users, Registered Users 2 Posts: 14,526 ✭✭✭✭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...


  • Registered Users, Registered Users 2 Posts: 5,201 ✭✭✭ongarboy


    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.


  • Registered Users, Registered Users 2 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.


  • Registered Users, Registered Users 2 Posts: 12,630 ✭✭✭✭mariaalice


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


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭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


  • Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,100 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.


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭Eric Cartman


    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


  • Registered Users, Registered Users 2 Posts: 5,874 ✭✭✭Edgware


    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%


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭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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  • Registered Users Posts: 18 DingDongDitch


    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).


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭Eric Cartman


    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).

    10-15 years after building it shows up, when the first generations kids become teens, doesnt stop till theres almost nobody under 30 left which happens if you stop building but adding phases and these people ‘wanting to be near ma’ perpetuates it.


  • Registered Users Posts: 4,731 ✭✭✭jam_mac_jam


    Is the rant about social housing in any way relevant to the ops question?


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭Eric Cartman


    Is the rant about social housing in any way relevant to the ops question?

    Well there is a lot of social housing in D15 and plans for a super mosque, both may be impacting the ability for the OP to sell their property


  • Closed Accounts Posts: 2,398 ✭✭✭Franz Von Peppercorn II


    Well there is a lot of social housing in D15 and plans for a super mosque, both may be impacting the ability for the OP to sell their property

    I’d be quite happy living near a super mosque rather than an anti social area.


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭Eric Cartman


    I’d be quite happy living near a super mosque rather than an anti social area.

    As would I , but it brings its own issues, and property value reductions.


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  • Registered Users Posts: 7 niteowles


    Have you checked the property register for homes that sold near yours


  • Closed Accounts Posts: 22,648 ✭✭✭✭beauf


    As would I , but it brings its own issues, and property value reductions.

    I only know of one big one. Clonskeagh. How did that work out?


  • Registered Users Posts: 871 ✭✭✭voluntary


    Dublin 15

    Dublin 15 is both Castleknock with it's million euros houses and such places as Tyrrelstown, Corduff or parts of Mulhuddart where most people rather avoid.

    Then, how's the house? If you post the BER rating and age of the building then it should say quite a lot. Below C rated and in poor area would make it tricky to sell, especially that there's so many new A rated houses being build around D15 and 3-beds selling for not much more than 300k.


  • Registered Users Posts: 871 ✭✭✭voluntary


    I’d be quite happy living near a super mosque rather than an anti social area.

    I'd probably avoid both.


  • Registered Users Posts: 871 ✭✭✭voluntary


    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.

    You might have been the luckiest paddy in the world and sold at the peak while there were still bidding wars going on.


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  • Closed Accounts Posts: 11,812 ✭✭✭✭evolving_doors


    Why do you need to sell OP?


  • Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭handlemaster


    Well there is a lot of social housing in D15 and plans for a super mosque, both may be impacting the ability for the OP to sell their property

    I’d be quite happy living near a super mosque rather than an anti social area.

    Super mosque where ? I know there were plans did anything happen with that?


  • Registered Users, Registered Users 2 Posts: 4,194 ✭✭✭Corruptedmorals


    voluntary wrote: »
    Dublin 15 is both Castleknock with it's million euros houses and such places as Tyrrelstown, Corduff or parts of Mulhuddart where most people rather avoid.

    Then, how's the house? If you post the BER rating and age of the building then it should say quite a lot. Below C rated and in poor area would make it tricky to sell, especially that there's so many new A rated houses being build around D15 and 3-beds selling for not much more than 300k.

    The OP said it's in Manorfields. Closer to Castaheany/Clonee than Hartstown probably, good area lovely estate. They are all about 20 years old those estates with original BER of D approx but OP stated BER is upgraded. The problem isn't the house it's the new houses as you said.


  • Closed Accounts Posts: 946 ✭✭✭Phileas Frog


    As would I , but it brings its own issues, and property value reductions.

    What issues would a mosque bring?


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭Eric Cartman


    What issues would a mosque bring?

    Larger concentration of muslims moving to the area , results in women and LGBT people being intimidated.


  • Closed Accounts Posts: 946 ✭✭✭Phileas Frog


    Larger concentration of muslims moving to the area , results in women and LGBT people being intimidated.

    Was there an increase in the number of children getting buggered when they opened your local Catholic Church?


  • Registered Users, Registered Users 2 Posts: 26,280 ✭✭✭✭Eric Cartman


    Was there an increase in the number of children getting buggered when they opened your local Catholic Church?

    Complete whataboutery, the issues with catholacism do not negate the issues with islam and the problems with increased muslim populations , but were getting way off topic here


  • Registered Users Posts: 4,672 ✭✭✭elefant


    Larger concentration of muslims moving to the area , results in women and LGBT people being intimidated.

    Would fear of this really affect house prices?

    I live in a city where 15% of the population are Muslim, and I haven't noticed this sort of intimidation being an issue.


  • Registered Users, Registered Users 2 Posts: 9,454 ✭✭✭mloc123


    Larger concentration of muslims moving to the area , results in women and LGBT people being intimidated.

    :rolleyes:


  • Closed Accounts Posts: 946 ✭✭✭Phileas Frog


    Complete whataboutery, the issues with catholacism do not negate the issues with islam and the problems with increased muslim populations , but were getting way off topic here

    I'm saying you're talking ballcocks, nothing to do with whataboutery


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  • Registered Users Posts: 1,620 ✭✭✭El Tarangu


    I'm saying you're talking ballcocks, nothing to do with whataboutery

    Even if you think this opinion is nonsense, if enough people shared this opinion, it would have some downward pressure on house prices.

    To put it another way - I doubt the presence of a mosque nearby would have the effect of increasing house prices.


  • Registered Users, Registered Users 2 Posts: 12,630 ✭✭✭✭mariaalice


    El Tarangu wrote: »
    Even if you think this opinion is nonsense, if enough people shared this opinion, it would have some downward pressure on house prices.

    To put it another way - I doubt the presence of a mosque nearby would have the effect of increasing house prices.

    Hasn't affected the price of property on Roebuck Road had not made property any cheaper there.


  • Registered Users, Registered Users 2 Posts: 8,184 ✭✭✭riclad


    A house is worth what people will pay for it,
    bring the sale price down a bit,talk to the agent,
    ask the agent for advice .
    Look at other house,s in the area , what are they selling for.?
    i know someone who sold a house in d15 on private estate,
    2 years ago ,it sold quickly, for a very good price .


  • Registered Users, Registered Users 2 Posts: 7,134 ✭✭✭Lux23


    I live on the South Circular Road, and the mosque certainly hasn't affected house prices there. And, I've only ever seen Muslims be intimidated, never the other way round.


  • Registered Users, Registered Users 2 Posts: 1,429 ✭✭✭Woshy


    I am in a similar situation, not in West Dublin though.

    How long before you should be worried about no offers? Our house is on the market almost 5 weeks now and we haven't had any. I'm not sure though if it's me being impatient and it's pretty typical to have nothing in that time.

    I thought the price the estate agent suggested was a bit high but thought we'd go with it and see what happened, planning that if somebody offered below it and there weren't other offers we would accept. It's also in our agreement that we will discuss the price after 4 weeks - I will have to talk to the estate agent today. I'm surprised that we haven't even had any lowball offers.

    I'm not sure what to do - apart from discussing lowering the asking price with the estate agent. We're not living in the house, it's vacant and has been completely renovated from when we bought it. We would like it sold so we can get on with our lives basically


  • Registered Users Posts: 18 DingDongDitch


    Woshy wrote: »
    I am in a similar situation, not in West Dublin though.

    How long before you should be worried about no offers? Our house is on the market almost 5 weeks now and we haven't had any. I'm not sure though if it's me being impatient and it's pretty typical to have nothing in that time.

    I thought the price the estate agent suggested was a bit high but thought we'd go with it and see what happened, planning that if somebody offered below it and there weren't other offers we would accept. It's also in our agreement that we will discuss the price after 4 weeks - I will have to talk to the estate agent today. I'm surprised that we haven't even had any lowball offers.

    I'm not sure what to do - apart from discussing lowering the asking price with the estate agent. We're not living in the house, it's vacant and has been completely renovated from when we bought it. We would like it sold so we can get on with our lives basically


    The price. It's always the price.


  • Closed Accounts Posts: 22,648 ✭✭✭✭beauf


    My guess is in a normal market a house could take 3-12 months to sell. if the market is hotter or cooler it will be faster/shorter.

    However it depends if the house is desirable, in demand, or not.


  • Registered Users, Registered Users 2 Posts: 8,184 ✭✭✭riclad


    Last year there were 5000 housing units built in dublin ,house,s and apartments .
    We need about 30k houses built in dublin every year.
    If your house is for sale at a realistic reasonable price someone will buy it.
    unless there is an issue in the area or estate you are living in which is putting off potential buyers .
    Did you get anyone viewing the house.
    Lets say it costs 100k to build a new house, plus the cost of the site .
    If someone pays 200k for a house in santry they are paying because they want to live in that area ,
    its close to work, friends ,shops ,bus stops etc eg the cliche goe,s location ,location, etc


  • Registered Users, Registered Users 2 Posts: 9,454 ✭✭✭mloc123


    Woshy wrote: »
    I am in a similar situation, not in West Dublin though.

    How long before you should be worried about no offers? Our house is on the market almost 5 weeks now and we haven't had any. I'm not sure though if it's me being impatient and it's pretty typical to have nothing in that time.

    I thought the price the estate agent suggested was a bit high but thought we'd go with it and see what happened, planning that if somebody offered below it and there weren't other offers we would accept. It's also in our agreement that we will discuss the price after 4 weeks - I will have to talk to the estate agent today. I'm surprised that we haven't even had any lowball offers.

    I'm not sure what to do - apart from discussing lowering the asking price with the estate agent. We're not living in the house, it's vacant and has been completely renovated from when we bought it. We would like it sold so we can get on with our lives basically

    It is a bad time of year for selling house IMO. The busiest periods are usually Feb-April and Sept-Dec. People are on holidays at the moment etc..


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  • Registered Users, Registered Users 2 Posts: 1,429 ✭✭✭Woshy


    mloc123 wrote: »
    It is a bad time of year for selling house IMO. The busiest periods are usually Feb-April and Sept-Dec. People are on holidays at the moment etc..

    That's what I'm hoping. The estate agent did say that to me the last time I called her for an update but then when I met with her initially about putting the house on the market she said summer was a great time to sell a house :rolleyes:

    The house is in popular area with no issues and there have been some viewings, some were second viewings. Only negative feedback the estate agent has passed on is that the garden is a bit small and has high hedges behind it (that are not on the property but the on the neighbours behind us). It's a 3 bed semi and as I said, we have done a lot of work on it and it's in very good condition. It's FTB that are looking at it.


  • Registered Users, Registered Users 2 Posts: 9,454 ✭✭✭mloc123


    Woshy wrote: »
    That's what I'm hoping. The estate agent did say that to me the last time I called her for an update but then when I met with her initially about putting the house on the market she said summer was a great time to sell a house :rolleyes:

    The house is in popular area with no issues and there have been some viewings, some were second viewings. Only negative feedback the estate agent has passed on is that the garden is a bit small and has high hedges behind it (that are not on the property but the on the neighbours behind us). It's a 3 bed semi and as I said, we have done a lot of work on it and it's in very good condition. It's FTB that are looking at it.

    It is always a great time to sell if you ask an agent ;) I worked for a property website in the past, peak traffic times were as I listed above. I would expect things to pick up a little in 3-4 weeks.

    The only issue you might have then is that the ad is 'stale', I know personally when I see a house up for 3-4 months I think... there must be some issue with it. It may be worth taking the ad down for a few weeks and relisting then, depending on the interest in the next few weeks.

    Edit - the only other thing, you mention you have done a lot of work to the house. When we viewed houses, you could see owners had spent a lot of money on kitchens, bathrooms etc.. but they were not to our taste. So we would plan to take them out.. the problem is, those houses are at the top range price wise (because they are very well decorated). Sometimes buyers will happily buy a house that needs a full revamp but is 20k cheaper.. because they can then decorate exactly as they want.


  • Registered Users, Registered Users 2 Posts: 8,184 ✭✭✭riclad


    Lets say you spent 10k putting in a new kitchen ,or decorating ,
    this may make no difference to joe bloggs a potential buyer ,
    who has different taste than you .
    A small garden or a high hedge should not stop a house being sold,
    it could reduce the value or the selling price of the house .It could depend on where the hedge is , is it blocking out sun light and making the garden
    be in the shade most of the time .
    my friend sold her house 3 years ago,
    she removed as much furniture as she could, she painted all the doors,
    and ceilings and window frames white .Using the services of a professional painter .
    She already had bought a 2nd house , so she was able to remove most of the bed,s ,chairs etc to make the house look attractive.
    She removed most books, pictures, ornaments etc to make the house look as if anyone could move in .
    Potential buyers do not want to look at a house thats full of random
    oranment,s picture,s ,kids toys etc


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