Saturday, March 26, 2011

Next Door is for Sale

It's the first time I have ever had the experience of having the house next door to me being put up for sale. The "For Sale" sign went up on Wednesday last, and the first thing I did of course was to look up the price. The house is priced at €575,000.

Photo from MyHome.ie.
Like everywhere else in Ireland, we can all tell the tale of how high house prices went up to in the Boom, and how low they have come down to now. We bought our house (the one to the right in the photo) for £149,000 (€190,000 approx) in 1996. In 2007, a house four doors up the road went on the market for a whopping €1,600,000. But the timing was rotten for the folks selling and they had to reduce the price several times - in the end selling for a rumoured €950,000. Based on these prices, the house next door to us is a bargain at €575,000.

But the main curiosity is of course who will buy the house and move in next door to us. These houses have 5 bedrooms and so would suit a family. What will the buyers be like? Will they turn out to be the neighbours from hell, or will they become friends? It will actually be great to have neighbours again. The house has been unoccupied for some time and was rented out before that.

A word of warning though to any prospectives buyers! The guy next door has a very loud Harley-Davidson which will wake you in the morning when he starts it up - it does not have a quiet mode. You will need to get double glazed windows and have a tolerance for motorcycles. I think I'll park it out front when viewing is taking place!

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