Lack of supply locally say PN O’Gorman
PROPERTY prices and housing shortages have been dominating national media in recent times and there is no denying that property prices are increasing which Anne Carton of P N O’Gorman, New Ross attributes to a shortage of houses on the open market partly due to the fact that very few new houses have been built and those still in negative equity are staying put.
A point worth noting she adds is that house prices in Co. Wexford are still are 25% below the national average based on a myhome.ie recent property report at €165,000 for a 4 bed semi detached.
We have witnessed increased enquiries and sales from first time buyers in the range of €120 – 160,000 in the last quarter and now our biggest challenge is lack of supply which will temporarily create price inflation until we see a steady supply of both new and second hand housing coming to the market.
Currently for sale with PN O’Gorman, New Ross:
Southknock, New Ross, Co. Wexford
An architecturally designed single storey residence of 1,400sq ft, set back from the road in a most established and sought after location. This deceptively spacious home offers bright and airy open plan living accommodation with double height celling 3 bedrooms (with 2 en shower rooms) and family bathroom. The property also boast a C2 energy rating. Asking Price €249,500
Lake Lodge, Ballingly, Wellingtonbridge
For those seeking the good life Lake Lodge on 9.5 acres offers the perfect escape. The property which was recently been refurbished provides fresh and bright living accommodation of 1,100 sq ft which includes a sitting room, kitchen/ diner and 3 bedrooms. The extensive grounds which include an ornamental lake, studio, grow tunnels with bases & frames which offer the future owners the opportunity to turn their hand to market gardening. The property comes with an energy rating of C2 and an asking price of €287,500.
1 Cross Street, New Ross, Co. Wexford
Located only moments from the town centre this well presented 2 bed townhouse is ideal for anyone seeking a low maintenance base close to all the amenities of New Ross town centre. The property comprises of 2 reception rooms and kitchen on the ground floor and 2 bedrooms and bathroom on the first floor. Viewing is highly recommended. The property carries an F energy rating and has an asking price of €60,000.