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What to offer - Wicklow bungalow

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  • 03-08-2011 11:36am
    #1
    littlemoo
    Registered Users Posts: 7 ✭


    Hey guys, im new to this so in advance,apologies if i mess up or place this somewhere its not meant to be.... anyhow moving on.

    Iv been looking at a property in wicklow region, its a bungalow, with upstairs available for converting.It was built in the 1970's and there has been no deocrating done since to it.The current owner lives in the UK and only ever used it as a holiday home.

    The property went up for sale about a year ago, and has fell in price starting from €205,000 to €175,000 in November,then in february to €159,000 now its gone again to €140,000...

    Iv had engineers check it out etc... and i am happy enough.However ..what region do you reckon to start going in at?im completely new to this and honestly have no idea?

    ALL ADVICE WELCOME :)


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    #2
    the groutch
    Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    hard to know without seeing the exact house (website link?), but with the work needed to be done I wouldnt pay a penny over 100k


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    #3
    OfflerCrocGod
    Registered Users Posts: 6,312 ✭✭✭OfflerCrocGod


    You're not giving us enough information to be certain but 80K to 100K is a guess for a 2 bed one, frankly I wouldn't bother for more than 80K by the sound of it.

    Base the price on local rents.


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    #4
    littlemoo
    Registered Users Posts: 7 ✭littlemoo


    theres the house... if that helps.:)


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    #5
    swirlser
    Registered Users Posts: 289 ✭✭swirlser


    I wouldnt have posted the link imo ;-p

    Just give out more details...

    Sq ft., bedrooms, estimate figure on work needed to modernise and how much are properties in the area going for as close to comparable with the one you are after...

    Your really going to have to factor in how much you want it and how much the work needed will come in at. As a rough guide - consider 20-30% below that current 140k price tag.


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