Property Expo 2016 returned to the RDS, Dublin for the first time in almost a decade and the team here at Kinsella Estates were delighted to showcase the best of Wicklow and Wexford properties. I was delighted to be invited to speak on the New Homes panel discussion, where we talked about the challenges facing the New Homes market – for both the developers and the buyers – and how best to address these challenges. At a time when supply is seriously low in most areas, it was great to bring two new developments to the show:
Gleann an Ghairdin, Ballytegan, Gorey, Co. Wexford
Riverchapel Wood, Courtown, Co. Wexford
Budget ’17 has brought new homes back to the attention of first-time buyers with the announcement of the new grant/tax rebate but investors and AHBs (Approved Housing Bodies) are all struggling to get their hands on properties at the moment so this is something that we will be talking about a lot over the next 12 months.
The ‘Help-to-Buy’ scheme for first-time buyers really does not go far enough to help, particularly when you consider that the problem is lack of supply. In other parts of the country, there does not appear to be much goods news on th etopic of new homes but here in South Wicklow and across Wexford, we can see that the market is moving on. We are speaking to developers about bringing new housing stock to the market and development sites are under consideration.
We will bring you details of new developements as they are announced and as they launch, but in the meantime, do let us know about potential development sites you might wish to bring to the market. We know the area, we know who is looking for property and, most importantly, we understand local property values.
For specific queries or to speak with a local property expert about your buying and selling needs in Wexford, Wicklow and surrounding areas, contact myself (Michael), Alan or Eileen Kinsella at kinsellaestates.ie or email me directly on firstname.lastname@example.org and telephone: +353 53 94 21718
Market Updates on Thursday, October 13, 2016 in News