Re: Affordable Housing Initiative Greater Dublin Area-Dublin, Kildare, Meath and Wick
How do? Just been reading through this thread today and found that some similar questions are being asked here. Myself and the little lady qualified for an affordable apartment in the Marrsfield Development in Clongriffin. The affordable price is €280,000 and we were informed that the market value is €385,000, which seems a bit steep for a 2 bed well outside the city centre. We are a long way away from moving in, the provisional time we were given in early 2009. One of our concerns was that the market value of the apartment was being overestimated and if the market were to take a nose dive, that we would find ourselves trapped in a flat that we couldn't shift.
I noticed in regards to the Priorsgate development, that a few people were saying they needed to get valuations done before closing the deal. I was wondering if this is a separate valuation to the market value quoted by the Council and if so, what is the purpose of it. Any info would be greatfully appreciated.