Saturday 21 January 2017

Prices at Galway auction buoyant

Published 05/03/2010 | 05:00

Over 150 people attended an auction of six properties in Galway last weekend in which agents O'Donnellan & Joyce included four Galway city houses. Five of the six properties sold, with four selling above the guide price.

  • Go To

The best price was achieved for 31 The Maples, Dr Mannix Rd, Galway, a five-bedroom, detached, redbrick, modern family home which sold for €635,000 -- €40,000 over its Advised Minimum Value (AMV). Another house in the city, 13 St Dominic's Road, The Claddagh, sold for €255,000 -- €5,000 above the AMV. This three-bedroom, end-of-terrace house was in need of refurbishment.

Also selling above its AMV was a cottage-style property on 0.5 acres in Cahergowan, Claregalway. It achieved €306,000 which was €11,000 above its AMV.

However not all of the houses were so successful. Killowen House, Lr Salthill, Galway, a seven-bedroom detached with large garden sold for €440,000 -- €60,000 below its AMV, but it was in need of refurbishment.

One of the properties 62 Dalysfort Road, Salthill, failed to sell despite its relatively modest AMV of €395,000. It comprised a four-bedroom detached house with large rear gardens and a two-bedroom self-contained unit. It was withdrawn when the bidding petered out at €330,000 but since then the agents have received offers from other bidders.

The sixth property consisted of 1.77 acres of agricultural land at Clogher, Claregalway which sold for €55,000 - almost double its €30,000 AMV.

Irish Independent

Read More

Promoted articles

Editors Choice

Also in Life