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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Sat Jan 19, 2019 12:35 pm 
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Too Big to Fail

Joined: Mar 2, 2007
Posts: 4182
On bottom or whatever, I bought a gaff in D4 for € 1M in mid 2013, gaff next door not selling for € 1.1M (admittedly probably needing € 75K to modernise).Still almost back to 13 level.


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Sat Jan 19, 2019 1:00 pm 
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Under CAB Investigation

Joined: Feb 1, 2008
Posts: 2900
Location: God's Country
Pill wrote:
On bottom or whatever, I bought a gaff in D4 for € 1M in mid 2013, gaff next door not selling for € 1.1M (admittedly probably needing € 75K to modernise).Still almost back to 13 level.



Did Sherry Fitz advertise it as a gaff? Or a dream home?


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Sat Jan 19, 2019 4:24 pm 
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Under CAB Investigation

Joined: May 12, 2012
Posts: 2187
Self build is basically impossible where I live (single-digit even postcode).

But if I was going to the hassle of building my own house I wouldn't bother for less than 200sqm.


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Sat Jan 19, 2019 6:30 pm 
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Planning Tribunal Attendee

Joined: Aug 19, 2011
Posts: 1021
Looks like we've reached peak Dermot Bannon homes.

End of the 'doer-upper': rising cost of renovations cripples demand for ageing homes
https://www.independent.ie/business/per ... 27313.html
Quote:
A shortage of builders and a move by many operators into bigger commercial construction work while quoting high prices for domestic work by way of discouragement has led to recently acquired doer-uppers being returned to market as they cost more to restore than their owners expected.


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Sun Jan 20, 2019 6:04 pm 
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Speculator

Joined: Sep 6, 2008
Posts: 402
The American denial of poverty and hunger. What will the shutdown lockout do to people and the American economy, Wall Street denial of a problem with no pay checks. Has America run out of money! Are the wealthy just hoarding money.


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Tue Feb 12, 2019 11:53 pm 
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Planning Tribunal Attendee

Joined: Nov 8, 2006
Posts: 1316
7 Eden Park in Glasthule

Quote:
Back in September 2017, the property carried a price tag of €1.5m (it eventually sold for €1.45m). Now, it is back on the market at €1.495m, a smidge below its 2017 asking price.

Given that this is a prime piece of real estate in one of Dublin's most upmarket suburbs, the price shows just how house inflation has flatlined in the million-plus market.

No 7 is a fine period property in immaculate condition. In 2016, the listed building was snapped up for €625,000 by a small family firm of builders, Joe Dunne Construction. They carried out a deep refurb, uncovering and restoring the beautiful plasterwork and original features and putting in underfloor heating and damp proofing.


https://www.independent.ie/life/home-ga ... 99346.html


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Wed Feb 13, 2019 10:18 am 
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Property Magnate

Joined: Mar 30, 2016
Posts: 700
beattie wrote:
7 Eden Park in Glasthule

Quote:
Back in September 2017, the property carried a price tag of €1.5m (it eventually sold for €1.45m). Now, it is back on the market at €1.495m, a smidge below its 2017 asking price.

Given that this is a prime piece of real estate in one of Dublin's most upmarket suburbs, the price shows just how house inflation has flatlined in the million-plus market.

No 7 is a fine period property in immaculate condition. In 2016, the listed building was snapped up for €625,000 by a small family firm of builders, Joe Dunne Construction. They carried out a deep refurb, uncovering and restoring the beautiful plasterwork and original features and putting in underfloor heating and damp proofing.


https://www.independent.ie/life/home-ga ... 99346.html

thats a nice house but there is basically no garden which will limit its appeal to be fair.


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Wed Feb 13, 2019 11:43 am 
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Under CAB Investigation

Joined: Apr 29, 2009
Posts: 1553
Location: South County Dublin
Eden Park is in a great location but I would say of all the period locations in the general DL area it is probably the one with the most potential to scare off potential buyers. That is in addition to the tiny back gardens.


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Wed Feb 13, 2019 9:36 pm 
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Neo Landlord

Joined: May 21, 2017
Posts: 233
beattie wrote:
7 Eden Park in Glasthule

Quote:
Back in September 2017, the property carried a price tag of €1.5m (it eventually sold for €1.45m). Now, it is back on the market at €1.495m, a smidge below its 2017 asking price.

Given that this is a prime piece of real estate in one of Dublin's most upmarket suburbs, the price shows just how house inflation has flatlined in the million-plus market.

No 7 is a fine period property in immaculate condition. In 2016, the listed building was snapped up for €625,000 by a small family firm of builders, Joe Dunne Construction. They carried out a deep refurb, uncovering and restoring the beautiful plasterwork and original features and putting in underfloor heating and damp proofing.


https://www.independent.ie/life/home-ga ... 99346.html


If they get their asking, they will have a handy 45K. profit. Whatever they spent on the en-suite was probably less than a year's rent. But it's a delicate balance - Brexit could Wrexit.


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 Post subject: Re: 2Pack will call the bottom now!
PostPosted: Wed Feb 13, 2019 9:58 pm 
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Planning Tribunal Attendee

Joined: Nov 8, 2006
Posts: 1316
Lefournier3 wrote:
beattie wrote:
7 Eden Park in Glasthule

Quote:
Back in September 2017, the property carried a price tag of €1.5m (it eventually sold for €1.45m). Now, it is back on the market at €1.495m, a smidge below its 2017 asking price.

Given that this is a prime piece of real estate in one of Dublin's most upmarket suburbs, the price shows just how house inflation has flatlined in the million-plus market.

No 7 is a fine period property in immaculate condition. In 2016, the listed building was snapped up for €625,000 by a small family firm of builders, Joe Dunne Construction. They carried out a deep refurb, uncovering and restoring the beautiful plasterwork and original features and putting in underfloor heating and damp proofing.


https://www.independent.ie/life/home-ga ... 99346.html


If they get their asking, they will have a handy 45K. profit. Whatever they spent on the en-suite was probably less than a year's rent. But it's a delicate balance - Brexit could Wrexit.


Have to factor in 2% stamp duty, and then add on legal/EA's fees...if they get asking they will probably be lucky to break even...though they did save on the rent...


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