2021 Irish Property Market chat - *mod warnings post 1*

Cyrus

serious 3 star hotel lobby vibes from the sitting room here, size for the sake of it

https://www.myhome.ie/residential/brochure/pine-lodge-carrickbrack-road-howth-co-dublin/4311230

RichardAnd

Ush1 wrote: »

Just on the work from home thing, emails have gone out in my place, a large US multinational that employees will be phased back to sites by September.

This is the same where I work, though in my case it's an Irish company. They have September 1st down as the return to the office, and there has been no word on WFH post-lockdown.

One thing that has been mentioned by the head of the IT department where I work, and this is a concern that I share, is that if the entire department went WFH full-time, then it sets a precedent. If it's possible for an entire IT department to work remotely, then why not contract it out to India for a considerable saving. Now, this isn't as easy as it sounds, but I have seen this happen before.

timmyntc

RichardAnd wrote: »

This is the same where I work, though in my case it's an Irish company. They have September 1st down as the return to the office, and there has been no word on WFH post-lockdown.

One thing that has been mentioned by the head of the IT department where I work, and this is a concern that I share, is that if the entire department went WFH full-time, then it sets a precedent. If it's possible for an entire IT department to work remotely, then why not contract it out to India for a considerable saving. Now, this isn't as easy as it sounds, but I have seen this happen before.

Outsourcing was all the rage before too - it didnt last.
Quality of work tends to drop massively in those cases - also for tax reasons employees need to be resident in the state if remote working.

hometruths

Cyrus wrote: »

serious 3 star hotel lobby vibes from the sitting room here, size for the sake of it

https://www.myhome.ie/residential/brochure/pine-lodge-carrickbrack-road-howth-co-dublin/4311230

that's revolting.

Cyrus

schmittel wrote: »

that's revolting.

couldnt have put it better myself

woejus

Cyrus wrote: »

serious 3 star hotel lobby vibes from the sitting room here, size for the sake of it

https://www.myhome.ie/residential/brochure/pine-lodge-carrickbrack-road-howth-co-dublin/4311230

Christ above! Swimming pool! Helipad! High Knuttel count!

A million down from the 2015 asking price. Seems PropQueries was right, the market is collapsing.

Marcusm

Cyrus wrote: »

serious 3 star hotel lobby vibes from the sitting room here, size for the sake of it

https://www.myhome.ie/residential/brochure/pine-lodge-carrickbrack-road-howth-co-dublin/4311230

Even worse, like a care home. THe front aspect is also quite institutional and not in a good way.

timmyntc

Blue carpets, that wallpaper, the sofa at the top of the stairs

Is this really how millionaires live??

awec

Cyrus wrote: »

serious 3 star hotel lobby vibes from the sitting room here, size for the sake of it

https://www.myhome.ie/residential/brochure/pine-lodge-carrickbrack-road-howth-co-dublin/4311230

Some people have no taste.

It also has an appalling kitchen layout. What a waste of a nice space.

RichardAnd

timmyntc wrote: »

Outsourcing was all the rage before too - it didnt last.
Quality of work tends to drop massively in those cases - also for tax reasons employees need to be resident in the state if remote working.

Very much so, but there's no reason to believe that it couldn't happen again. The company that I used to work for now has 50% of its IT department contracted to India. The recently let 6 staff go.

On the legal side of things, yes, one must be resident in a state to work there. However, could that change? We don't know what could happen, but I personally would feel a little safer in the office where I'm seen to be working. That's just my two cents, of course.

woejus

timmyntc wrote: »

Blue carpets, that wallpaper, the sofa at the top of the stairs

Is this really how millionaires live??

If you don't have any taste of your own, the decorators will give you the style that prevailed about 10 years previously to be on the safe side. See it all the time in big houses where people DGAF about what they look like.

Balluba

I drove through Ballyboughal Co Dublin yesterday. Lovely countryside and I came across no supermarket or industrial premises. Afterwards I checked property prices there on Daft and asking prices are remarkably high. I guess the golf courses and equestrian centre are bolstering prices??? Or are there other hidden gems there?

JohnnyChimpo

woejus wrote: »

High Knuttel count!

A very accurate measure of tastelessness. This guys work has a very distressing energy that makes me feel like I'm in the Black Lodge from Twin Peaks

JimmyVik

Cyrus wrote: »

serious 3 star hotel lobby vibes from the sitting room here, size for the sake of it

https://www.myhome.ie/residential/brochure/pine-lodge-carrickbrack-road-howth-co-dublin/4311230

Theres a swinger party in that house the first Friday of every month

Hubertj

Cyrus wrote: »

serious 3 star hotel lobby vibes from the sitting room here, size for the sake of it

https://www.myhome.ie/residential/brochure/pine-lodge-carrickbrack-road-howth-co-dublin/4311230

Everything about the gaff is just off - interior and exterior. Bizarre

mcsean2163

This looks okay

https://www.myhome.ie/residential/brochure/39-st-fintan-s-villas-deansgrange-co-dublin/4492914


What's the catch?

DataDude

mcsean2163 wrote: »

This looks okay

https://www.myhome.ie/residential/brochure/39-st-fintan-s-villas-deansgrange-co-dublin/4492914


What's the catch?

Saw this morning and thought the same. Unless there's a major problem that isn't obvious, it's comically undervalued. Could well envisage that making around the €1m mark.

I sometimes wonder do they do it to drum up hysteria - "Did you see a house in Deansgrange went €300k over asking??"

standardg60

mcsean2163 wrote: »

This looks okay

https://www.myhome.ie/residential/brochure/39-st-fintan-s-villas-deansgrange-co-dublin/4492914


What's the catch?

The BER rating for one means it needs a massive retro-fit.

DataDude

standardg60 wrote: »

The BER rating for one means it needs a massive retro-fit.

I think this is a somewhat reasonable comparable property (I know there are differences but similar ballpark).

https://www.myhome.ie/residential/brochure/greenbank-stradbrook-road-blackrock-co-dublin/4490119

It had an offer €900k within 25 seconds of being advertised.

hometruths

DataDude wrote: »

I think this is a somewhat reasonable comparable property (I know there are differences but similar ballpark).

https://www.myhome.ie/residential/brochure/greenbank-stradbrook-road-blackrock-co-dublin/4490119

It had an offer €900k within 25 seconds of being advertised.

Much prefer the Deansgrange one. It looks like it has the makings of a decent house with a good budget to renovate. But I suspect you're right - tomorrow it will probably also have an offer of 900k!

DataDude

DataDude wrote: »

I think this is a somewhat reasonable comparable property (I know there are differences but similar ballpark).

https://www.myhome.ie/residential/brochure/greenbank-stradbrook-road-blackrock-co-dublin/4490119

It had an offer €900k within 25 seconds of being advertised.

Wow. Don’t care how nice it is. It’s still a bloody semi-detached!

(And looking at the pictures it’s not nice at all and needs a complete returb)

Insane

DataDude

Deleted User wrote: »

Wow. Don’t care how nice it is. It’s still a bloody semi-detached!

(And looking at the pictures it’s not nice at all and needs a complete returb)

Insane

Personally think it's worth about €900k given the size of the site. €200k refurb and you've got something pretty special with plenty of room to extend if needed. Expect it will go higher, I haven't followed up since to find out where it's at now.

Here's another belated April Fools day asking price. It's absolutely not in Foxrock, but still...the estate agents today seem to think it's 2020 again!!

https://www.myhome.ie/residential/brochure/10-beech-park-grove-foxrock-dublin-18/4488539

AlmightyCushion

DataDude wrote: »

Personally think it's worth about €900k given the size of the site. €200k refurb and you've got something pretty special with plenty of room to extend if needed. Expect it will go higher, I haven't followed up since to find out where it's at now.

Here's another belated April Fools day asking price. It's absolutely not in Foxrock, but still...the estate agents today seem to think it's 2020 again!!

https://www.myhome.ie/residential/brochure/10-beech-park-grove-foxrock-dublin-18/4488539

Am I missing something or is there no non en-suite bathroom in that house? The person in bedroom 3 just has to use the shower/toilet in one of the other bedrooms. Seems a bit shít.

The_Conductor

DataDude wrote: »

Personally think it's worth about €900k given the size of the site. €200k refurb and you've got something pretty special with plenty of room to extend if needed. Expect it will go higher, I haven't followed up since to find out where it's at now.

Here's another belated April Fools day asking price. It's absolutely not in Foxrock, but still...the estate agents today seem to think it's 2020 again!!

https://www.myhome.ie/residential/brochure/10-beech-park-grove-foxrock-dublin-18/4488539

2 helicopter pads??

AlmightyCushion

The_Conductor wrote: »

2 helicopter pads??

You have to have one for guests.

hometruths

AlmightyCushion wrote: »

You have to have one for guests.

No joke, that's why there are two on that monstrosity in Howth.

To find one helipad in the garden of a suburban Dublin house is unusual but two seems, well, downright extraordinary.

The owner of Pine Lodge on Howth Hill, just beyond the Summit, explains it all quite reasonably. He works in aviation and pilots his own helicopter and so when he built Pine Lodge on Carrickbrack Road 20 years ago, he built a helipad, carefully situated on the 1.78 acres so that it is protected from the wind that whips around the hill. And to accommodate his friends and their helicopters when they dropped by, he built a second helipad in the garden.

It is true that not everyone lost the run of themselves during the Celtic Tiger, but there was no shortage of people who more than made up for all of us!

https://www.irishtimes.com/life-and-style/homes-and-property/new-to-market/howth-bungalow-with-two-helipads-and-a-swimming-pool-1.2081285

RichardAnd

schmittel wrote: »

No joke, that's why there are two on that monstrosity in Howth.



It is true that not everyone lost the run of themselves during the Celtic Tiger, but there was no shortage of people who more than made up for all of us!

https://www.irishtimes.com/life-and-style/homes-and-property/new-to-market/howth-bungalow-with-two-helipads-and-a-swimming-pool-1.2081285

What's the next step from there? A personal dart station?

JimmyVik

DataDude wrote: »

Personally think it's worth about €900k given the size of the site. €200k refurb and you've got something pretty special with plenty of room to extend if needed. Expect it will go higher, I haven't followed up since to find out where it's at now.

Here's another belated April Fools day asking price. It's absolutely not in Foxrock, but still...the estate agents today seem to think it's 2020 again!!

https://www.myhome.ie/residential/brochure/10-beech-park-grove-foxrock-dublin-18/4488539

That is actually in Foxrock.
Its about 3 minutes walk from Foxrock church.
It may not be leafy Foxrock, which is all people seem to think Foxrock is, but none of us will be buying a house any time soon in Leafy Foxrock.



But still. €1m for a house, in an estate. That makes me cry.

hometruths

DataDude wrote: »

Personally think it's worth about €900k given the size of the site. €200k refurb and you've got something pretty special with plenty of room to extend if needed. Expect it will go higher, I haven't followed up since to find out where it's at now.

Here's another belated April Fools day asking price. It's absolutely not in Foxrock, but still...the estate agents today seem to think it's 2020 again!!

https://www.myhome.ie/residential/brochure/10-beech-park-grove-foxrock-dublin-18/4488539

I don't know if the asking price is realistic or not, but give it the benefit of the doubt and let's assume it could be bought for 1m. As a buyer in this range, would you be interested in that house at that price?

DataDude

JimmyVik wrote: »

That is actually in Foxrock.
Its about 3 minutes walk from Foxrock church.
It may not be leafy Foxrock, which is all people seem to think Foxrock is, but none of us will be buying a house any time soon in Leafy Foxrock.



But still. €1m for a house, in an estate. That makes me cry.

Would you not say it's smack bang in the middle of Cornerlscourt? Google maps concurs that it is!

250sqm, B3 BER, detached, nice private south west facing rear garden, sizeable front garden, near Foxrock. I'd cry tears of joy if it goes for €1m (or less). I might even buy it at that (even though I think the location is vastly overrated). It might be madness, but it's the reality of the current market conditions