Prices in the virtual and real auction rooms continue to soar. David Quinn sold a 28ac residential farm near Courtown in Co Wexford at an online auction last week.
It made a total of €960,000 exceeding its guide of €545,000 by €415,000.
Beginning in Wexford, the 28ac residential farm at Parknacross, Ardamine is located 7km from Gorey and 3km from Courtown.
It includes a 19th-century house with a two-storey extension and a range of converted out-offices with self-catering potential. On 28ac of grassland the property also includes a dated farmyard.
The online auction conducted by David Quinn on the LSL platform had 15 customers registered. The house on 1ac was bid to €250,000 while a 11.5ac piece was bid to €200,000. A combination of the two, extending to 12.5ac, was then put up for auction. This went on the market at €560,000 and sold for €610,000 to a solicitor acting in trust.
A 15.5ac piece with road frontage, located away from the rest of the holding, opened at €150,000 and sold for €350,000. Both portions combined realised €960,000.
This article was written by Jim O’Brien and appeared in the Irish Independent. It can be accessed by clicking here.
QUINN PROPERTY – Experts in the local property market since 1960.