PROPERTY | 19
September 2013 wicklowvoice.ie
Property Crash – end of an era?
Positive news for Wicklow housing market as green shoots emerge
with Clodagh Doyle During the property boom, property seemed to be our stable topic of conversation - in fact it was hard to avoid. When you think about it now, has anything changed? If the truth be known, we have probably ended up talking more about all things property. Strong media coverage keeps us fully informed with mainly ongoing negative updates – until recently. The latest figures released from the central statistics office confirmed that Irish residential property prices have shown their first annual increase since 2008, suggesting that the housing market may be showing signs of recovery after one of the world’s biggest property crashes. It is claimed that prices in Dublin are up almost 8pc yearon-year and 2.3pc nationally – Wicklow is likely to lie somewhere in between those figures. Commenting on a recent Daft. ie report, economist with Daft. ie Ronan Lyons said: “This is the first time such a rapid growth in asking prices has been recorded anywhere in the country for six years. “The underlying cause of
rising prices in Dublin is a lack of supply in the capital, while demand has steadily been rising. But with conditions still weak in many parts of the country, it is likely that over the next 12-24 months, we may have to get used to the idea of prices rising in some places – particularly in urban areas – while they fall elsewhere. So what can this mean for Wicklow property - is there light at the end of the tunnel? Over the last few months there has been an obvious heightened level of activity in the property market and Wicklow agents will certainly verify this. While this activity may be somewhat inconsistent it is still highly positive news. It is likely that some parts of Wicklow will see price increases while other parts may experience further price drops before rising. With Wicklow’s close proximity to Dublin we would hope that this will enhance our chances of a speedier recovery over other parts of the country. Also in our favour is the fact that Wicklow offers so much to prospective buyers and is a great place to call your home. With so many intervening factors, not even the best economists can accurately predict the path the property market will take, but one thing for sure is that property conversation is not going to fade. Our in-depth interest in property has not diminished it almost seems to be part of our culture passed on from generation to generation. Speaking of which, very soon l will be giving you a sneak preview on what’s hot to market in Wicklow, courtesy of our Wicklow agents – watch this space!
Clodagh Doyle’s company Placelift specialise in preparing, presenting and styling property for the market. Whether you are a landlord or a property owner who may be selling, be it your family home, investment property or executor sale, or you are a prospective buyer, I hope to bring some useful practical information, advice and tips on all things property - visit www.placelift.ie for more information.
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Tinnapark, Tooman Road, Kilpedder Nestled along a quite country road “Tinnapark House” comes to the market offering the discerning buyer a large detached home of well proportioned accommodation extending to 238 sq m(2,561sq ft) set on ¾ acre with uninterrupted panoramic views of the Wicklow mountains and the Irish sea. The property has been well maintained over the years by its present owners and a recent attic conversion (2007) has extended the living accommodation to further compliment what is on offer. Accessed via an electronically controlled wrought iron gates one enjoys the large lawn area to the front of the property whilst taking in the panoramic views of the surrounding countryside. Well defined boundaries ensure the privacy of this home and a large lawn area to the rear and detached garage completes the picture on the outside. Tinnapark although enjoying a rural setting it is well serviced by its neighbouring towns and villages of Greystones, Bray,
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Summary 2,561 sq ft detached property on ¾ acre Recently converted attic space (2007) C1 Energy rated home Detached garage with loft area Well proportioned accommodation throughout 6 bedrooms (3 en-suite) Panoramic mountain & sea views Rural location Ample parking area Well maintained gardens Large “Liscanor” paved patio area Access to N11 less than a mile away Delgany and Newtown whilst access to the N11 is less than a 5 minute drive away. Accommodation ground floor briefly comprises of entrance hall, living room, dining room, kitchen, breakfast room, utility, guest wc, family bathroom, three double bedrooms one of which is en-suite. First floor comprises open plan living dining area, two double and a single bedroom two of which have en-suites, bathroom, and utility.
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ELECTRICAL AND GAS SERVICES element electric is a family owned electrical and Gas company based in North Wicklow. We are available for domestic, commercial and industrial work.
ELEMENT ELECTRIC Mobile 087 7529793 Phone 01 2818395