Affordable price for renovated terraced Belgrave Place property

PRICES are falling on a lot of ‘stuck’ property, as sellers readjust to the new market reality.

Some prices are hacked back to expedite a sale and reflect market segment value drops of 10 to 15% in second hand properties, and others are simple a realisation that they’d been overvalued to begin with.

Whatever the reason behind the price drop on 3 Belgrave Place, in Cork harbour’s Glenbrook, it is now a more affordable buying option with its €700,000 guide, down from an April 07 kick-off at €790,000.