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 Post subject: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 01, 2012 1:29 pm 
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Single Home Owner

Joined: Feb 1, 2012
Posts: 109
I'm liking this one..
http://www.myhome.ie/residential/brochu ... -6/1881306


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 01, 2012 1:35 pm 
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Single Home Owner

Joined: Oct 9, 2009
Posts: 144
You like it for 1.3mm?


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 01, 2012 1:40 pm 
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Too Big to Fail
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Posts: 4431
diamonds wrote:



Best of luck with the sale.


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 01, 2012 1:54 pm 
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Old Time Landlord

Joined: Sep 26, 2010
Posts: 398
1.3m is surely OTT, even though a very desirable location.

If it does achieve this, which it could, it will show a very strong D6/Ranelagh micro-market emerging.


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 01, 2012 2:00 pm 
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Single Home Owner

Joined: Feb 1, 2012
Posts: 109
Larry wrote:
diamonds wrote:



Best of luck with the sale.


Wish it was mine to sell!


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 01, 2012 2:05 pm 
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Planning Tribunal Attendee

Joined: Sep 13, 2010
Posts: 1309
blown-in wrote:
1.3m is surely OTT, even though a very desirable location.

If it does achieve this, which it could, it will show a very strong D6/Ranelagh micro-market emerging.

+1

I think some vendor or EA is making a bit too much of the notion that we might be experiencing a bit of bottoming out, and going for a 30% rebound. In the present market unlikely to fetch more than €950k, and that price would be way too much IMO.


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 01, 2012 2:25 pm 
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Property Magnate
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Joined: Feb 21, 2012
Posts: 666
Location: South Dublin
I like it too - however at €600/sq.ft, I think I'll pass. For €1.3m, even in the currently micro-boom, I'd be expecting an impressive house on neighbouring Park Drive for that kind of money. I like this, but I don't get where they are coming from with that price. Granted, I realise that there is rarely to purchase on this road as there are only 11 properties on the street and nothing has been nothing for sale in years, but this price is ludicrous. As the agent notes: "the last house publically for sale was 1993, a real testimony to the road", however the fact that this family purchased after that date highlights the irrelevance of this fact, as off-market deals are popular at the upper-end, so it's not much of a testimony at all.

In 1993, No. 1 Cowper Gardens, an impressive 6-bed detached red-brick made £206k at auction. Obviously No. 4 would have been worth far less as it's not red brick, not detached and only two-stories high. I'd say number 4 would have been worth 40% less, and the family who own this purchased in 1995 (presumably privately) which was a year or two before the real growth started so they paid 150-200k for this I'd reckon. Yes, the spent some money extending the property and probably also on refurbishing it at some point so we can add on some more money for that. Even as-is, the house could easily have work done. The hallway should be repainted, obviously not a major job, and if the other bathrooms look like the one pictured then they could all easily do with being replaced. My point isn't that the house should be 300k or whatever they've put into the place, but I certainly do not believe that €1.3m is a realistic asking price for this home although it's possible that someone will buy it anyway. Honestly I would have thought €900k-1m and even at that I wouldn't even consider it, personally. Agree with the above point that the agent is trying to milk the current 'drought' that we keep hearing about of good 4 bed family homes in desirable areas.

"A fool and his money are soon parted" - Thomas Tusser

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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 08, 2012 3:21 pm 
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Homeless

Joined: May 8, 2012
Posts: 10
Apparently a bid is in for 1.2m on this. Can't see that being true and reckon its scare tactics from the EA. Whilst reasonable downstairs, upstairs needs a lot of work and the garden is small. Above all, why would anyone pay that much for a semi-d.


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Mon May 14, 2012 8:42 am 
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Old Time Landlord

Joined: Sep 26, 2010
Posts: 398
An offer of 1.2m and they still put another ad costing a few k's in the Irish Times last week.

Well thats one way to keep that potential buyer really happy. I know what I'd tell them to do.


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Mon May 14, 2012 10:00 am 
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Planning Tribunal Attendee

Joined: Oct 19, 2010
Posts: 1034
Location: Dublin SE
North facing garden and something really weird with next door garage.

It looks like the garage belonged to this house but they sold it at some point to next door.

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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Mon May 14, 2012 11:32 am 
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Property Magnate

Joined: Mar 8, 2012
Posts: 564
Although 1.2m its a hell of alot of money I would not be to suprised if it did make this, here is a very similar house in the same area that has gone sale agreed at 1M but as you can see from the pics it needs alot more spent on it, but it does have a bigger west faceing garden and its aredbrick which might have helped.

http://www.myhome.ie/residential/brochu ... -6/1773689


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 15, 2012 1:01 pm 
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Speculator

Joined: Jan 11, 2008
Posts: 483
http://www.myhome.ie/residential/brochu ... -6/1609166

What should this one around the corner from Cowper Gardens be worth?


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Tue May 15, 2012 4:03 pm 
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Of Systemic Importance

Joined: Oct 29, 2007
Posts: 7036
Location: Multiverse
podge wrote:
http://www.myhome.ie/residential/brochure/47-park-drive-ranelagh-dublin-6/1609166

What should this one around the corner from Cowper Gardens be worth?


Already a thread on that property.


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Thu May 31, 2012 8:37 am 
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Private Tenant

Joined: Feb 13, 2012
Posts: 25
Sale agreed on MyHome. Looks like the €1.2m bid may have been true after all. Who on earth would pay that for a North facing garden?

Maybe the lack of stock at the upper end of the market is starting to get to people?


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 Post subject: Re: 4 Cowper Gardens, Dublin 6
PostPosted: Thu May 31, 2012 9:14 am 
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Old Time Landlord

Joined: Sep 26, 2010
Posts: 398
Its totally a lack of stock.

If there was even a dozen, or maybe half a dozen, of these on the market at the same time there would be a blood bath.

Look at Malahide with their McMonstrosities. They used to be 4-5m. Not long ago you could have your pick of them for 1m-1.5m.


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