€200,000 cheaper, you might fall hook, line and sinker for Bridgewater

IT might be a crude analogy, but houses at Bridgewater, a trading up location just west of Cork city, have dropped close to €100,000 a year for the past two years.

The strongest sales of these c1,600 sq ft four-bed family homes came just over two years ago, topping out at €630,00 and even €650,000 at the height of the boom.

By last year, they’d slumped back €100,000, and now the already extended No 18 is priced at €450,000 for an autumn 2009 market.