http://www.myhome.ie/residential/brochu ... -6/1801371
Asking €795,000. I like the house and the area though it mightn't be everyone's cup of tea. Price seems quite high to me but then I'm a newbie when it comes to assessing the Dublin market. Anyone got any opinions as to what this might be worth?

I like the house too, a dreamhome in many ways I think, but I think the price is a high for the road, which is a mix of done up pads like this one and run down bedsits.

They have done a very nice job to the inside, but I agree with mocame, there are nicer roads in Rathmines, I think with Rathmines/Ranelagh the roads become nicer and leafier the further from the canal.

It seems reasonable for the money asked, the lack of a decent garden seems to be priced in. That would be the big stumbling block for me.

It is a three bed family home in Rathmines / Ranelagh with the potential for off street parking and a garden that while small, is south facing. Nice kitchen, nice bathrooms not overly renovated or blingy interior - am I missing something?

OMG I am becoming a property bear

At over €400 per square foot this house is expensive given the lack of garden and parking.

There is better value out there.

I remember this road well.

I lived at a grotty bedsit in number 15 when I were a filthy. Had loads of mental parties in various houses up and down the road.
Number 2 was a brothel and the special branch used to park up in front of our place watching who went in and out. Nice guys for the most part. i think the road has improved slightly since then.

Has a healthy offer on it according to the ea.

I wonder what that means? Two years ago it probably meant within 70% of asking price, but I suspect that it now means within 90%.

Supposedly 695k. Cash offer - but then every one of the last 6 or so properties I've called about have all supposedly had "cash" offers. Not sure what I believe anymore. I've visions of over eager property hunters hoping from house to house waiving fistfuls of euros. Or is that just the EA's wishful thinking?

Amazingly this one has gone sale agreed

Though I think it shouldn't have gone for anything above 600k I have to say am not surprised. There's a definite aura of "well it would have been 1.5 million at the height so it's a bargain". Have heard this from EAs and house hunters on a regular basis lately and I guess for some it's true.

Definately !
The term 'cash buyer' has different meanings to different people.

In certain circumstances I have seen it to mean '50% cash'.
This was during the boom when everyone else was going for 92%+ mortgages, so 50% cash was unusual.

Now with the banks effectively bankrupt, it is easy to see how it means 100% cash.
Unfortunately, I think many 'cash buyers' out there need some form of borrowings.

It will be interesting to see how many recent 'Sale Agreeds' fall through on this basis.

€695K is not too far out of the ballpark for that one I think. That's around €366/ft2 which is a bit high, but not too much. I would have discounted more for the lack of actual off-street parking. I suspect that the bears out there aren't factoring in that there is a limited supply of these houses in nice areas and that nobody is building 200 year old houses anymore. Ultimately, supply and demand will allign. I think the prices for D6 family homes has gone down as far as it is going and it will revert to the mean from here on i.e. track inflation with perhaps a slight kicker.
If the world falls apart then all bets are off, of course

I hear it was €715k cannot reveal my source but it wasn't an EA. As ever its an anekdote not cast iron.