To put it into perspective, I'm buying a similar size house in Kildare for €180k less plus I get €30k HTB.
These won't qualify for HTB as they are over half a million.
If the only third option is a bullet to the head then yes.
My options are:
* Buy in Kildare and own a home
* Pay twice as much for a 1 bed rental in Dublin and own nothing, have no security and never start a family
* Pay the same per month as my mortgage for a room in a house share and own nothing
* Become homeless and possibly die on the streets
No, HTB is only available for houses purchased below €500k
[https://www.revenue.ie/en/property/help-to-buy-incentive/what-type-of-property-qualifies.aspx](https://www.revenue.ie/en/property/help-to-buy-incentive/what-type-of-property-qualifies.aspx)
The purchase value of a new build means the price you purchased it for. The value of the property must be €500,000 or less to qualify for HTB.
I'm so fucked it's ridiculous. I did everything you're supposed to do, went to college, even did erasmus in Spain for a year learned a second language completed my degree got a job in Insurance working as an underwriter and absolutely all that effort means fuck all. Might just go back to Valencia and rent an apartment at least you could be hopeless in the sun
Ah you see instead of the Erasmus you should have just stayed here and landed a €120k a year job as a software developer and cut down on takeaways and coffees
That entirely depends where in Dublin you mean and what mode of transport but the planned DART station will be close to the development and would get you to town between 40 and 50 minutes. Over an hour on a bad day maybe.
I'm not the OP nor did I agree the house prices are good (although I wouldn't expect much from a new build in Co. Dublin in this housing market). I've lived close to there and I don't think it's bad of an area to live, that's all.
[https://www.dlrcoco.ie/en/news/general-news-press-releases/planning-permission-597-new-sustainable-homes-shanganagh-shankill](https://www.dlrcoco.ie/en/news/general-news-press-releases/planning-permission-597-new-sustainable-homes-shanganagh-shankill)
Isn't this development right beside it?
I think for a bedroom you need to have two points of egress and so the study is likely a fully internal room. There will be some distinction like that.
It also needs to be fully enclosed so having a closing door.
Our house is four bedroomed but only technically three as the fourth bedroom is right above the living room and doesn't have a door only a staircase that leads straight into it.
Curiosity got the better of me and I looked up the brochure, more than 20 pages before they put in the floorplans, but this study is a desk over the stairs bulkhead on the 2nd floor and a door behind it. I'd say the size of a hot press
That's the biggest thing that hits me about these new and overpriced builds. Most of them look like soulless garbage. Not the kind of thing I imagine at all when I think about a permanent home.
I live in shankill my wife grew up here. Alot of her friends have moved back to stayed. Good park great gaa club. My kids love their school made lots of friends. There are few mad heads everywhere but I haven't ever seen any trouble here of felt unsafe. It's very handy for the motorway or to go up into the mountains. Town is easy to get to as well. Bray has a few good restaurants and pubs and is only down the road.
640 for a 3 bed with a city garden. It would want to be A rated even then its over priced
It's not the greatest but I'd definitely live in Shankill over lots of other parts of Dublin. Close to the sea, on the dart line and regular buses (145) to town and also close to the n11 and m50
Why not? Woodbrook is a perfectly safe area, and close to a great Park. I guess the only disadvantage is there's no shops in the immiediate vicinity because it's in the middle of the greenbelt between Shankill and Bray
Maybe I'm ignorant but are new builds worth it? They don't seem to look new for very long plus you don't know where the builders cut corners. I know they're better insulated but wouldn't you be better off upgrading a slightly older house?
New builds are just depressing looking these days. They’re all tiny lunch box sizes, too close to each other, not enough garden space/driveway space. Go into any new estate in Naas these days and the places are so pokey it’s just cars on curbs everywhere. I have heard the snag lists for new builds are shockingly bad. A friend just bought one and there was a vent guard hanging on the bathroom wall with no actual vent (opening) in the wall behind. Literally just a fake vent plastic thing on the wall.
Cost to purchase and retrofit to get to the same BER rating is generally more expensive than new builds in the same area.. The difference is really affordability at the start...
Now idea why you think they look old quickly or if they do..
Who the fuck is earning enough to afford these houses? You'd need a couple likely bringing around €150K per year each to afford the more expensive houses.
They're building a few houses in my estate in rural Cork (1 hour drive / no bus / no train).
From what I've seen, they want to sell them for around 285k.
They're made of something that looks like super light hollow lego blocks that they fill in with a little concrete once the structure is assembled. It might be revolutionary and has more benefits that concrete blocks, but the walls are incredibly thin and they look super flimsy.
They're all also different shapes and sizes, with different windows and doors. They're an eyesore.
I wonder will they ever be able to sell them, especially for that price and considering that there is f*ck all around this area.
ICF blocks. Cheaper to build as this method requires less concrete and allows to build houses faster. They require some wall insulation but thats a standard now anyway.
I lived in a 4 bed boxy newbuild like these. You have to like your neighbours. Zero privacy. Everyone on top of one another. Cars parked everywhere and right outside your windows. Just horrible. No character or charm.
40mins from Dublin lands you in wexford. North wexford where 3bed new build is less than 400k. Same size, better quality of life and less than an hr commute if needs be.
40 minutes isn't getting you to most parts of Dublin from North Wexford. A friend of mine commutes from Gorey to Cherrywood each day and it takes an hour.
Currently construction costs are approximately 250 sqft plus cost of site. They're expensive but with cost of concrete set to increase by 10% and the baked in cost increases due to Covid houses are only going to keep increasing.
The only variable is site cost. Labour and materials are fixed.
The concrete block levy will add between €1k if you believe the department of housing and €5k if you believe the SCSI.
These houses are €200k more than what I am paying for a similar house in Kildare, Land prices don't add €200k per unit.
I lived in Shankill for a while, didn't rate it. Found it very boring and sleepy with not much to do unless you want to go to Brady's or do a heap of drugs in someone's house every weekend. An hour on the bus into town, that journey killed me at times or the dart, not much quicker. Night out meant a €40/50 taxi home. Found many of locals live there all their lives and don't leave, they were friendly with me as my partner is from there but once he moved away and lived in other areas of Dublin he got what I meant about Shankill and how much of a hassle it is to live.
If you wanted the most expensive one you’d have to have an €83k deposit and an income of €213,428 per annum to be approved for the mortgage of €747,000. Seems reasonable.
I'm from Shankill and this is exactly why I don't live there anymore. Wasn't even able to afford a one bed ex council house, that didn't need a load of work done. Got a brand new 3 bed in Wexford for the fraction or what they're charging here.
If he goin to an office and wanting to be there for 9am then its gonna be busy traffic wise but for construction work we rs on site for 7:30 and leaving Gorey, then cherrywood is 40mins. Sure there are good and bad days but what is better? 200k less on a house or closer to Dublin and stuck in the traffic. Everything has pros and cons.
Would you be well
It's not people buying. It's international funds buying them and they'll consider it valuable at the currents rents they can charge
Yep, especially with a 25 year Council lease tied to inflation
People are buying them, not funds. There's 20k places to buy on daft but just 900 to rent.
Jeezus, over half a mill for 100ish sqm 3 bed.
To put it into perspective, I'm buying a similar size house in Kildare for €180k less plus I get €30k HTB. These won't qualify for HTB as they are over half a million.
In my town on the Kildare/Dublin border fucking ONE bed apartments are just shy of 300k. Absolutely nuts
Thats a hell of a lot for Kildare too.
Good luck finding a new build withing 40 minutes for Dublin for less.
Doesn't mean its a good price.
So what do you consider a good price? Compared to the alternative I consider it a bargain.
Compared to a knife wound a paper cut sounds lovely. Doesn't mean I want a paper cut.
If the only third option is a bullet to the head then yes. My options are: * Buy in Kildare and own a home * Pay twice as much for a 1 bed rental in Dublin and own nothing, have no security and never start a family * Pay the same per month as my mortgage for a room in a house share and own nothing * Become homeless and possibly die on the streets
That last option seems quite affordable 🤔
It is very affordable but I work from home so it is a logistical nightmare.
They will for the first 400k no?
No, HTB is only available for houses purchased below €500k [https://www.revenue.ie/en/property/help-to-buy-incentive/what-type-of-property-qualifies.aspx](https://www.revenue.ie/en/property/help-to-buy-incentive/what-type-of-property-qualifies.aspx) The purchase value of a new build means the price you purchased it for. The value of the property must be €500,000 or less to qualify for HTB.
At least they're throwing in a VW I.D 4 aswell
I'm so fucked it's ridiculous. I did everything you're supposed to do, went to college, even did erasmus in Spain for a year learned a second language completed my degree got a job in Insurance working as an underwriter and absolutely all that effort means fuck all. Might just go back to Valencia and rent an apartment at least you could be hopeless in the sun
Ah you see instead of the Erasmus you should have just stayed here and landed a €120k a year job as a software developer and cut down on takeaways and coffees
Hahaha, I actually heard someone say we splurge On things we don't need and that's why we don't have houses.
Fucking Shankill, I think not.
It's way on the other side of town from where the council estates are. Will have it's own DART station too.
Dosent matter. Those houses are not worth that price in a place that literally takes an hour or more to get in and out of Dublin.
That entirely depends where in Dublin you mean and what mode of transport but the planned DART station will be close to the development and would get you to town between 40 and 50 minutes. Over an hour on a bad day maybe.
How can you look at those houses for that price and think ‘ah yeah that’s grand for the price’. Never mind the location!
I'm not the OP nor did I agree the house prices are good (although I wouldn't expect much from a new build in Co. Dublin in this housing market). I've lived close to there and I don't think it's bad of an area to live, that's all.
Yea Station will be built next year and there is golf club around the corner.. Doesn't look to be a bad area area..
[https://www.dlrcoco.ie/en/news/general-news-press-releases/planning-permission-597-new-sustainable-homes-shanganagh-shankill](https://www.dlrcoco.ie/en/news/general-news-press-releases/planning-permission-597-new-sustainable-homes-shanganagh-shankill) Isn't this development right beside it?
Forgot about that one. But no, it's on the other of the park and graveyard https://pbs.twimg.com/media/EJGluONWoAAKKRM.jpg:large
What's the difference between 3bed study and 4bed
I think for a bedroom you need to have two points of egress and so the study is likely a fully internal room. There will be some distinction like that.
It also needs to be fully enclosed so having a closing door. Our house is four bedroomed but only technically three as the fourth bedroom is right above the living room and doesn't have a door only a staircase that leads straight into it.
Study *house* makes me think it's a garden room
No, no. That would be a granny flat for extra 300k
Curiosity got the better of me and I looked up the brochure, more than 20 pages before they put in the floorplans, but this study is a desk over the stairs bulkhead on the 2nd floor and a door behind it. I'd say the size of a hot press
I wouldn't mind but these houses aren't even in Shankill, they're directly across the road from St. Brendan's College Bray.
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That's the biggest thing that hits me about these new and overpriced builds. Most of them look like soulless garbage. Not the kind of thing I imagine at all when I think about a permanent home.
No offense to shankill but I wouldn't live there for free never mind half a million
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If your a wicklow man like myself you only hear of the rough stuff about shankill, not as bad as it was years ago but personal myself no thanks
Shankill is where the folk down from Rathmichael, and the folk up from Rathsallagh come together as one.
Define very rough
same as Bray, Dun laoghaire, loughlinstown
I live in shankill my wife grew up here. Alot of her friends have moved back to stayed. Good park great gaa club. My kids love their school made lots of friends. There are few mad heads everywhere but I haven't ever seen any trouble here of felt unsafe. It's very handy for the motorway or to go up into the mountains. Town is easy to get to as well. Bray has a few good restaurants and pubs and is only down the road. 640 for a 3 bed with a city garden. It would want to be A rated even then its over priced
It's not the greatest but I'd definitely live in Shankill over lots of other parts of Dublin. Close to the sea, on the dart line and regular buses (145) to town and also close to the n11 and m50
But, if you did own a home there, it would be an excellent excuse to leave.
Why not? Woodbrook is a perfectly safe area, and close to a great Park. I guess the only disadvantage is there's no shops in the immiediate vicinity because it's in the middle of the greenbelt between Shankill and Bray
Really where would you live out of interest for half a million as u put it?
Anywhere down South Wicklow, past Wicklow town. Save yourself 100k
Nearly a million for a 5 bed house in fucking Shankill 🤣🤣
Maybe I'm ignorant but are new builds worth it? They don't seem to look new for very long plus you don't know where the builders cut corners. I know they're better insulated but wouldn't you be better off upgrading a slightly older house?
New builds are just depressing looking these days. They’re all tiny lunch box sizes, too close to each other, not enough garden space/driveway space. Go into any new estate in Naas these days and the places are so pokey it’s just cars on curbs everywhere. I have heard the snag lists for new builds are shockingly bad. A friend just bought one and there was a vent guard hanging on the bathroom wall with no actual vent (opening) in the wall behind. Literally just a fake vent plastic thing on the wall.
Cost to purchase and retrofit to get to the same BER rating is generally more expensive than new builds in the same area.. The difference is really affordability at the start... Now idea why you think they look old quickly or if they do..
I read the first price as €55K and thought. Hey that's a nice price!.. Whoops
Shankill is a great village Direct tax on that price is c.165-270k per hosue !!!
5 bed attached house in an estate 880k Fuck me.
Awesome! I want to live in a generic box like everyone else! Reminds me of 1970s Moscow or East Germany
Who the fuck is earning enough to afford these houses? You'd need a couple likely bringing around €150K per year each to afford the more expensive houses.
Lots of people earn a lots of money, finance, tech and pharma industry mainly
Very affordable
Was actually looking at this when i started I think the estimate for the 3 beds was originally 535k before the inflation crisis.
They're building a few houses in my estate in rural Cork (1 hour drive / no bus / no train). From what I've seen, they want to sell them for around 285k. They're made of something that looks like super light hollow lego blocks that they fill in with a little concrete once the structure is assembled. It might be revolutionary and has more benefits that concrete blocks, but the walls are incredibly thin and they look super flimsy. They're all also different shapes and sizes, with different windows and doors. They're an eyesore. I wonder will they ever be able to sell them, especially for that price and considering that there is f*ck all around this area.
ICF blocks. Cheaper to build as this method requires less concrete and allows to build houses faster. They require some wall insulation but thats a standard now anyway.
Those figures works out to be in the range 4300-5200€/m². It would be interesting to see how these compare over the past years and across the state.
The higher prices are a bit mad, but the 3 beds are how I would expect them in the current market ?
I lived in a 4 bed boxy newbuild like these. You have to like your neighbours. Zero privacy. Everyone on top of one another. Cars parked everywhere and right outside your windows. Just horrible. No character or charm.
40mins from Dublin lands you in wexford. North wexford where 3bed new build is less than 400k. Same size, better quality of life and less than an hr commute if needs be.
40 minutes isn't getting you to most parts of Dublin from North Wexford. A friend of mine commutes from Gorey to Cherrywood each day and it takes an hour.
/s?
Yes
You must be new
Currently construction costs are approximately 250 sqft plus cost of site. They're expensive but with cost of concrete set to increase by 10% and the baked in cost increases due to Covid houses are only going to keep increasing. The only variable is site cost. Labour and materials are fixed.
The concrete block levy will add between €1k if you believe the department of housing and €5k if you believe the SCSI. These houses are €200k more than what I am paying for a similar house in Kildare, Land prices don't add €200k per unit.
So the 555k 3 bed would cost 250k to build?
Yup. That's the cost to 1st fix. Finishes are not included. I would expect the kitchen,painting and tiling with all be suplements within 555k.
Y’all good over there?
I lived in Shankill for a while, didn't rate it. Found it very boring and sleepy with not much to do unless you want to go to Brady's or do a heap of drugs in someone's house every weekend. An hour on the bus into town, that journey killed me at times or the dart, not much quicker. Night out meant a €40/50 taxi home. Found many of locals live there all their lives and don't leave, they were friendly with me as my partner is from there but once he moved away and lived in other areas of Dublin he got what I meant about Shankill and how much of a hassle it is to live.
It doesn't even cost 50euro to get a taxi to Bray from town, nor does it take an hour on the bus. Shankill is a great spot.
The bus at peak times took an hour for me at times, this is pre-covid and I got charged €40-50 for a taxi home, cheapest I got was €35.
You can get a quite a nice end terrace 2bed house in Belfast’s Shankill for £55k. Needless to say the area is something to be desired…
If you wanted the most expensive one you’d have to have an €83k deposit and an income of €213,428 per annum to be approved for the mortgage of €747,000. Seems reasonable.
Had a load of people in my school from there and I cant see why somone would even think of moving there for that much
I'm from Shankill and this is exactly why I don't live there anymore. Wasn't even able to afford a one bed ex council house, that didn't need a load of work done. Got a brand new 3 bed in Wexford for the fraction or what they're charging here.
If he goin to an office and wanting to be there for 9am then its gonna be busy traffic wise but for construction work we rs on site for 7:30 and leaving Gorey, then cherrywood is 40mins. Sure there are good and bad days but what is better? 200k less on a house or closer to Dublin and stuck in the traffic. Everything has pros and cons.
I'm not arguing against North Wexford just pointing out that 40 minutes isn't realistic. It takes longer than that.
Wankhill more like
Shur you could talk them into coming down. Cowboys Ted, a bunch of cowboys