11 Pembroke Park, Ballsbridge (-335k, -13.7%)

Expected to fetch 1.6m
irishtimes.com/newspaper/pro … index.html
Sold for 2.435m (about 2.7m in today’s money)
archives.tcm.ie/businesspost/200 … 723129.asp

Now 2.1m
myhome.ie/residential/brochu … n-4/292453
€750/sq foot for a 4-bed semi with only a “patio garden”, albeit in Ballsbridge :unamused:

You could buy No:25 for 1.6mln “asking”, (so 1.25 is a reasonable target). Same size, same road, same proportions, but somehow looks grander from the front. Both homes obviously need a refurb (No:25 only marginally trickier as just offices in bedrooms, so if re-furbing both top to bottom, it makes little difference to the cost)

It amazes me how every new property always starts at a 30-35% premium to “the house next door”. People are not stupid!

How does 2.43m equal 2.7m in todays money?

Going by the Consumer Price Index from 2004 to 2009
cso.ie/quicktables/GetQuickT … duct=DB_CP

No.11 is by far the better house, in perfect condition and on the right side of the road from a sun point of view? Still way over priced at 2.1mil but it’s not 1.25mil either!

Any interest you might like to declare?

Both 11 and 25 are on the wrong side of Pembroke Park. The house on the east side of the road have real gardens not yards backing immediately on to a laneway.

Not worth €2.1M.

Number 25 been on the market for a few months now and still sitting there. It amazes me that someone would put a second house on the market for half a mil more, even if it is in better decorative order! Right around the corner at 19 Herbert Park Road there is a detatched house with a beautiful garden and a very rentable two story garden house for 2.5 Mil and thats not selling either! Do the math Mr. Frank Knight.