Keen value in choice of larger commute houses
A CHOICE of three- and four-bedroom semis are now being offered for sale at the Millbourne development in Ashbourne, Co Meath, where the prices for three-bedroom mid-terraced houses have increased slightly.
Ironically this means that the four-bedroom semi-detached house is now better value on a price per sqm basis than the three-bedroom mid-terraced house.
Three-bedroom mid-terraced houses are now priced at €205,000, up €6,000 from the €199,000 at which they were sold last year.
As these mid terraced houses extend to 106sqm, the latest price is the equivalent of €1,931 per sqm.
Four-bedroom semis are priced at €230,000 and since their floor area is 134 sqm, this works out at €1,716 per sqm.
In other words, the semis are priced about €215 per sqm cheaper than the three-bedroom mid-terrace.
Twenty houses have already been sold this year at the Merville Homes' development, where 150 homes are now occupied.
One of the reasons for the price increase is the change in house-building standards, including the rise in energy efficiency rating from B2 to A3.
Solar panels are installed for hot water savings.
While the four-bedroom terraced houses are very similar to the three-bedroom versions, the four-bedroom versions are also better value because the third storey has been converted into a master bedroom.
The four bedroom mid-terraced home at €215,000 for 134sqm is effectively priced at €1,604 per sqm, while the four-bedroom 134sqm end-terrace at €225,000 is the equivalent of €1,679 per sqm.
Not surprisingly, sales agent Jennifer Clarke of McPeake Auctioneers says most buyers are opting for the four-bedroom houses.
On the other hand, for those who may not be able to secure sufficient funding for the four-bedroom houses, the lower priced three-bedroom homes can be relatively easily converted at a later stage into four-bedroom houses when the extra funds become available.
The three-bedroom Q-type house is laid out over two floors and comprises a good-sized living room to the front with a large kitchen/dining room, and separate utility to the rear with patio door to the rear south-facing garden. There is also a WC and under-stairs storage at this level. All three bedrooms, including the master en suite as well as the family bathroom, are located on the first floor.
The Q1-type four-bedroom house is laid out over three floors and comprises a living room on the ground floor with a large kitchen/dining room and separate utility. A WC and under-stairs storage are also located at this level.
Off the kitchen/dining room there are patio doors that lead to a south-facing rear garden with patio detail.
The first floor has three bedrooms, one of which is en suite, and a family bathroom. The second floor comprises a fourth bedroom with en suite and a walk-in wardrobe.
Ashbourne is located just 20km from Dublin city centre and the Millbourne site is convenient to the N2 carriageway, where travel time has been considerably reduced to just 35 minutes at off-peak times.
Dublin Airport and the M50 are even closer, while a bus service direct to the city centre runs every 20 minutes.
A range of shopping and leisure facilities are available in Ashbourne with operators such as Dunnes Stores, Tesco, Easons, New Look, Polo Jeans and Lifestyle Sports among the retailers, as well as a number of gyms and spa facilities close at hand.
Show houses are on view Saturday from 2–4pm.
Contact McPeake Auctioneers on 01 8272300 or Tormey Lee on 01 8357089