Eur450,000 would be too cheeky an offer I reckon CO - a house with a D4 Shrewsbury address will surely sell for more than 4.25k a square metre. Can’t see this selling for less than 575k. Was going to suggest it was fit for the “Is thast value I see thread” but thought that may have been getting carried away. Decent addresses in eastern european cities are selling for in excess of that per square metre so would have thought that D4/D6 should be able to sustain that price level (for the moment).
I was thinking €450k was too much. This is not a family home. Too small and compromised. Right area, wrong size.
Therefore the buyer will move on at some stage and seek to sell or rent. It really is the size of a rental.
What would this get in rent now? €1700? 1700x12x14 = 285,600 - slap on 100k for location and knocking around €400k. So, if you are earning €100k this is you kind of late 20s early 30s pad…but you will be moving.
…comparisions are useless. The country and a lot of the high earners are fubarred as a result of property speculation. This all needs to be factored in. No one will pay €700k for this when they can get a period pile for that.
EDIT: Backs onto the DORT - noise? I have also heard the house in here are not that well built. Each to their own.
Ah now, that place is plenty big, looks in showroom condition and is in D4 proper.
I’d agree the walls are probably a bit thin so you’d hope your neighbours weren’t students.
It’s close to the train line but that doesn’t bother everyone. I love trains and like to hear them in the distance during the summer with the window open.
Would be very surprised if that place didn’t clear for over €500k.
On a side note I used to play as a kid in the fields those houses were built in!
I’d have to agree with Zapp and i’d even go a bit further and say that it should defo make over the 600k mark. Place looks very well, no comparison to others in Shrewsbury Park, from photo’s it looks streets ahead. With regard to monthly rent - 2,500 p/m all day long!
Have you a link for the 4 bed for €2200? all i could find was a 4bed for 3k and a poor looking 3bed for 2200? You still don’t think an extended 3bed (with study) in showroom condition would get 2.5k p/m?
As for the 450k valuation…well that’s just being cheeky!
Auctiongirl - you seem to be following a line of look where it is it must be worth ex? The asking prices is cheeky. 450k are full price. That kind of house, now, makes no economic sense above 500k no matter what way you cut the data…and that is without taking into account property taxes.