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2-up 2-down price

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  • 14-05-2013 11:18am
    #1
    mark1000
    Registered Users Posts: 3 ✭


    Hi

    Does anyone recall what a 2up2down cottage in Co Wexford (ok condition 1 acre) was selling for at the height of the boom . Its just that i'm thinking of buying one now and want to calculate how much they have fallen since the high.

    Thanks in advance

    Mark


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    #2
    D3PO
    Registered Users Posts: 7,879 ✭✭✭D3PO


    what something sold for in the BOOM is of zero relevance to anything. Contemplating valuation as a percentage less than boom price is pointless and completely wrong.

    Its worth what its worth. Boom values don't indicate that in any way shape or form. You want to buy one of these then understand the market, understand the demand, understand the asking priceses and sales values of other sales of similar properties and most importantly figure out what you would be willing to pay for one of these.

    Then decide what you will offer. Don't go half assed into it and decide it was x in the boom so its y now.


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    #3
    mark1000
    Registered Users Posts: 3 ✭mark1000


    Thanks DP3O, thats good advice. :)

    It was a curiousity thing more than its worth this now because it was worth x.


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    #4
    Ritchi
    Registered Users Posts: 319 ✭✭Ritchi


    mark1000 wrote: »
    Thanks DP3O, thats good advice. :)

    It was a curiousity thing more than its worth this now because it was worth x.


    You could try collapso.net and put in the address to see if anything similar was up before.

    I'd agree with DP30 though, it won't do much more than satisfy your curiosity.

    And bear in mind that collapso only records asking prices, not actual selling prices.


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    #5
    D3PO
    Registered Users Posts: 7,879 ✭✭✭D3PO


    hope you get a good deal op :)


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    #6
    davet82
    Closed Accounts Posts: 3,753 ✭✭✭davet82


    mark1000 wrote: »
    It was a curiousity thing more than its worth this now because it was worth x.

    curiosity killed the cat! :)

    forget about them crazy times it will only muddy the waters when you are contemplating what the house is worth


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    #7
    djimi
    Registered Users Posts: 13,237 ✭✭✭✭djimi


    According to this report http://www.daft.ie/report/DaftReport-Q42006.pdf the average price for a 2 bed in Wexford in 2006 was €238k.


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    #8
    mark1000
    Registered Users Posts: 3 ✭mark1000


    djimi wrote: »
    According to this report http://www.daft.ie/report/DaftReport-Q42006.pdf the average price for a 2 bed in Wexford in 2006 was €238k.


    Many thanks djimi, it makes for facinating reading, mad times!


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