Property auction specialist IAM Sold, which runs the Connacht, Munster, Leinster, and Northern Ireland Property Auctions, is advising property owners looking to sell their properties in the coming months to contact the company to arrange for a free valuation.
According to the latest figures released by DAFT.ie, comparing the first quarter of 2021 with the same period last year, house prices on average are 7.6 per cent higher and demand continues to surge. Shane May of The Connacht Property Auction commented: “This dramatic turn within the housing market is a result of demand for homes remaining strong and very low stock levels, due to delays in construction during the pandemic.”
At present there are approximately 15,000 homes available to buy on DAFT.ie, down c40 per cent on supply levels seen last year. Mr. May continued: “The biggest challenge in the Irish housing market right now and indeed over the last few years remains the low stock levels. Looking at these latest figures, it is clear that the rise in house prices is a result of prolonged low supply and continued strong demand. Across the country we continue to see strong inquiry levels on the majority of properties we offer to market, and we feel now is an excellent time for anyone thinking of selling.”
Below is a selection of properties currently for sale with The Connacht Property Auction.
No 28 Rian Luachra, Ballybane, Galway
Offered at bids over €230,000 in partnership with RE/MAX Galway.
An excellent opportunity to purchase a three bed semidetached property with the added benefit of a site with full planning permission granted for second three bed semidetached property to the side of the existing property. No 28 is presented in excellent condition throughout having been well maintained by the current owner. The rear of the property boasts a sunny south facing aspect with gated side access and large manicured lawns feature to the rear and side of the property. Rian Luachra is a wonderful family friendly estate located four minutes from Merlin Woods and five minutes from Ballyloughane Beach.
An Pon da Rosa, Rossmore, Woodford, Galway
Offered at bids over €295,000 in partnership with Keary auctioneers.
This is a fine opportunity to acquire two dwellings with added studio on a large site idyllically located within walking distance of Rossmore Quay and the majestic Lough Derg. House 1 is a four bed property, extending to 160sq m, and is a tastefully renovated stone farmhouse which was extended in 2000.
House 2 is a two bed property, extending to 75sq m, comprising a recently converted and extended stone stables, renovated in 2008.
The studio is another converted stone building and is currently used for storage but has two attic rooms along with an open plan kitchen/living room and bathroom.
Ballinvoher North, Ballinamore Bridge, Ballinasloe, Galway
Offered at bids over €140,000 in partnership with Michael McCullagh auctioneers.
Originally built in the 19th century, this two bed detached property has recently has been completely renovated to a high standard with all mod cons throughout. Situated in a cul-de-sac with lovely views of the rolling countryside surrounding the property and ideally located close to Ballygar, Mountbellew, and Ahascragh.
To discuss selling your property by auction or to arrange a free valuation, call the auction team on 091 882 1212 or visit www.connachtpropertyauction.ie
