3, Kilminchy Place, Dublin Road, Portlaoise -65k (-13%)

Was 465k
Now 400k

If you know Portlaoise this is one of those tall 3storey houses facing onto the Dublin Rd. The similar (but much close together with no garden and no garage) ones being completed in Rinnuccini just dropped their asking prices from 600 to 525k. If this one has to be reduced to 400k to generate interest what chance of selling the other ones for 125k more…

I know Portlaoise very well. Are any of the rinucinni ones finished, or are they just selling off the plans? There’s a glut of 2nd hand houses for sale in Kilminchy -and the prices keep falling. For ages there were a total of ~500 listings on daft for Portlaoise town. That has shot up to ~640 over a course of months. With the massive over supply, already and new stock coming on stream -Rinucci, Foxburrow, Bellingham, etc. I’d say there will be a blood bath. :neutral_face:

link is dead now.

here it is with another agent now 460k. Interesting. Maybe the estate agent put the price it would sell at rather than the ‘asking’ price. daft.ie/1357787
Rinnuccini Terraced and Apts some seem finished. They are a batch of them To Let now with a Letting agent. None of the detached houses are finished, all types seem to be for sale on Daft, looks like they have one team of builders finishing them one by one and the Sales Office looks permanently shut. Househunting ourselves for a decent family home with large garden in Portlaoise for below 350k, so hoping for a bloodbath later this autumn, something has to give…