Post new topic Reply to topic  [ 6 posts ] 
Author Message
 Post subject: 89 Belmont Avenue, Donnybrook (-105k, -9.5%)
PostPosted: Fri Mar 23, 2012 10:24 am 
Offline
Of Systemic Importance
User avatar

Joined: Mar 20, 2007
Posts: 6465
In 2000, "guiding €571k [£450k]", "sold €831k [£655k]"
http://www.irishtimes.com/newspaper/pro ... 00193.html
http://www.independent.ie/unsorted/prop ... 79794.html
€831k is equivalent of €1.15m in today's money, according to http://www.anthonykelly.com/inflation.html

Now asking €1100k
http://www.myhome.ie/residential/brochu ... -4/1828790

_________________
"Sitting on the sidelines, cribbing and moaning is a lost opportunity. I don't know how people who engage in that don't commit suicide." - Bertie Ahern, 4/July/2004
"It is irresponsible to suggest that the ‘negative equity’ scenario that occurred in the late 1980’s in the UK could occur in Ireland" - Marie Hunt, Director of Research, CB Richard Ellis - Press Release 17/Apr/2007


Top
 Profile  
 
 Post subject: Re: 89 Belmont Avenue, Donnybrook - then and now
PostPosted: Fri Mar 23, 2012 10:31 am 
Offline
Planning Tribunal Attendee

Joined: Sep 13, 2010
Posts: 1309
€561 per square foot.

It's nice, but it's not that nice. I could see someone going mad for this house but surely even a madman would be paying something closer to €400-450 per square foot, or €780-880k (still too much IMO).


Top
 Profile  
 
 Post subject: Re: 89 Belmont Avenue, Donnybrook - then and now
PostPosted: Sat May 12, 2012 6:20 pm 
Offline
Of Systemic Importance
User avatar

Joined: Mar 20, 2007
Posts: 6465
Now 995k
http://www.daft.ie/searchsale.daft?id=643577

_________________
"Sitting on the sidelines, cribbing and moaning is a lost opportunity. I don't know how people who engage in that don't commit suicide." - Bertie Ahern, 4/July/2004
"It is irresponsible to suggest that the ‘negative equity’ scenario that occurred in the late 1980’s in the UK could occur in Ireland" - Marie Hunt, Director of Research, CB Richard Ellis - Press Release 17/Apr/2007


Top
 Profile  
 
 Post subject: Re: 89 Belmont Avenue, Donnybrook (-105k, -9.5%)
PostPosted: Sat May 12, 2012 8:28 pm 
Offline
Of Systemic Importance

Joined: Oct 29, 2007
Posts: 7038
Location: Multiverse
Yet another house approaching it's 2000 price.
Obviously we've sunk well below the index-linked original purchase price.

The question now is, do people think it will sell for above €831k ?


Top
 Profile  
 
 Post subject: Re: 89 Belmont Avenue, Donnybrook (-105k, -9.5%)
PostPosted: Sat May 12, 2012 10:52 pm 
Online
Property Magnate
User avatar

Joined: Feb 21, 2012
Posts: 683
Location: South Dublin
mr_anderson wrote:
The question now is, do people think it will sell for above €831k ?

I actually really like this house even as-is. Granted, I have been to see it and that conservatory is probably crap, but at least the house has lots of character, looks well to be maintained and has off street parking. It ticks a lot of the boxes and isn't tiny either. I would be very surprised if it sold for less than €831k judging by the rest of the rubbish that has been selling.

Even on Belmont Ave itself, 54 sold asking 795k http://www.myhome.ie/residential/brochu ... -4/1619257 after a drop or two.
Although it is around the same size as 89, it isn't even in the same league given the fact that its a semi, has a garden which is only half as wide as 89's and is a bit of a dump. I would gladly pay the difference to have an impressive, well-done house like 89 with a nice garden- even if the square footage was similar. That's not to say that 89 will even get its €995k asking, but it's certainly worth more than €831k currently, I would think.

_________________
View my property blog


Top
 Profile  
 
 Post subject: Re: 89 Belmont Avenue, Donnybrook (-105k, -9.5%)
PostPosted: Thu Jun 14, 2012 5:26 pm 
Offline
Under CAB Investigation

Joined: Aug 10, 2010
Posts: 2565
Sale Agreed

http://www.myhome.ie/residential/dublin ... 4&status=3


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 6 posts ] 


Who is online

Users browsing this forum: No registered users and 9 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to: