Hayfield home will attract city buyers

Upmarket four-bed is destined for viewings as the Cork market picks up Tommy Barker reports.

Recovery in Cork’s family home market might well be typified by the market response to the sale of 36 Hayfield, a new four-bed offer in a modern development, popular since first built in 2001.

Hayfield was the first Cork suburban location where a developer (Ruden Homes) paid €1m per acre, for the chance to build detached, upmarket homes. Four and five-bed houses here in this former barley field off Church Hill (by Nangles nursery), started in the mid €400,000s, and five-beds were over €700,000, with resales of the bigger types in the mid 2000s topping €1.2m. Since then, prices have dipped to the €500,000s and €600,000s, with one top 2,700 sq ft example making €920,000, in 2010.