Cavan’s Hawthorn scheme pruned back to €99,950

WITH house prices in new developments plummeting, a developer in Co Cavan has gone to the ultimate. He has decided to halve the starting price of his 35-house offering in Bailieborough — to less than €100,000 for new three-bedroomed fully-finished homes.

When The Hawthorn development first hit the market, at the end of 2007, houses were priced starting from €199,500 for a 968 square foot three-bed townhouse.

Now developer Mano Enterprises has dropped the starting tariff for seven of the remaining properties to just €99,950, selling through local agent Peter Murtagh.