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 Post subject: WIW Riverglen, Church Road, Delgany, Co Wicklow (-130k)
PostPosted: Tue May 31, 2016 9:13 pm 
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Joined: Apr 30, 2013
Posts: 1648
Riverglen, Church Road, Delgany, Co Wicklow
€1,350,000 - 5 Bed Detached House 343.7 m² / 3700 ft² For Sale BER C2 (0.8 acre)
http://www.myhome.ie/residential/brochure/riverglen-church-road-delgany-co-wicklow/3165784
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Belated posting post 2015 price drop from 1.48m (plus change of agent from Colliers to Sherry Fitzgerald).

Irish Times Jul 2014 - Five-bed in Delgany for €1.48m:
http://www.irishtimes.com/life-and-style/homes-and-property/new-to-market/five-bed-in-delgany-for-1-48m-1.1845002

Irish Independent July 2015 - Golfer's dream: €1.35m 1940s villa style home beside three renowned golf courses
http://www.independent.ie/life/home-garden/golfers-dream-135m-1940s-villa-style-home-beside-three-renowned-golf-courses-31166462.html

Over two years on the market now and now joy. Mistake of being too aggressive in 2014 (the mini-peak) which made Riverglen an easy pass (and then following up with a modest price reduction - a critical mistake). Nice condition but not an expensively built house by any means (simple structure and small windows would be c. 200 sq ft all-in max cost), not sure re value of land in this area but gardens looks well planted (plus a nine hold putting green). Coming up to another year at the reduced price and no joy.


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 Post subject: Re: WIW Riverglen, Church Road, Delgany, Co Wicklow (-130k)
PostPosted: Wed Jun 01, 2016 1:38 pm 
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Joined: Sep 13, 2012
Posts: 5480
I like this house but...

There are a few houses in this area on sites on 0.8 - 1.0 acre for sale or sale agreed at the moment, typically asking well under a million.

Clonmore, Kindlestown Hill, Delgany, Co Wicklow, 1.0 acre
€880,000 (m²: €4055, ft²: €376) - 4 Bed Detached House 217 m² / 2336 ft² For Sale
http://www.myhome.ie/residential/brochu ... ow/3619029

The Gables, 8 Riverfield, Delgany, Wicklow, 1/2 acre
€1,050,000 (m²: €2618, ft²: €243) - 6 Bed Detached House 401 m² / 4316 ft² For Sale
http://www.myhome.ie/residential/brochu ... ow/3619687

3 Kindlestown Hill, Delgany, Co. Wicklow, c. 1 Acre
€950,000 (m²: €3958, ft²: €367) - 4 Bed Detached House 240 m² / 2583 ft² For Sale
http://www.myhome.ie/residential/brochu ... ow/3316834

Pine Haven, Bellevue Hill, Delgany, Co Wicklow, c. 1 Acre
Sale Agreed (last asking: €895,000) (m²: €3857, ft²: €358) - 4 Bed Detached House 232.3 m² / 2500 ft²
http://www.myhome.ie/residential/brochu ... ow/2842947

So for about 900k you can get the guts of an acre of mature gardens with a decent enough (>200sqm) gaff on it in various not-period flavours.

None of these are shifting quickly.

Less appealing stuff has gone for less money on similar size (or even bigger) sites.

Most strikingly....

Ceol Na Nean, Bellevue Hill, Delgany, Wicklow, 2.28 acres
Sold - 3 Bed Detached House 287 m² / 3089 ft²
http://www.myhome.ie/residential/brochu ... ow/2857465

That started out asking €945k in late 2014 but sold for €660k on 21/08/2015. I'm not sure whether a site in the village is more or less valuable - the main road through Delgany is quite busy but zoning/planning would make development easier.

So with all that context I'd say they'll struggle to hit 1350k. It's half a mill over most of the others, but if you had the extra money and weren't looking for seclusion why wouldn't you just spent it in Greystones? The area is infested with golf courses so the putting green is somewhat redundant.

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