More than 500 people attended an auction in Galway City last week, at which 65 lots went under the hammer.
Auctioneer Colm O’Donnellan said demand for homes in areas such as Salthill has reached “unprecedented levels”, while investors were also out in force.
Among the highlights of the O’Donnellan & Joyce auction – which was filmed as part of the new series of RTÉ’s ‘Find Me a Home’ – were a four-bed townhouse at Canal Road Lower in the city which sold for €500,000; a four-bed semi in Dalton Drive, Salthill for €575,000 and a two-bed city centre townhouse for €205,000.
The local sales recorded in the all-day ‘Wild Atlantic Way’ auction were:
9 Canal Road Lower. A four-bed end-of-terrace property overlooking the canal. Bidding opened at the Advised Minimum Value of €350,000, and following 32 bids from people in the room and phone bidders, the hammer dropped at €500,000.
7 Gleann Nóinín, College Road, Galway. A ground floor two-bed duplex townhouse near the Huntsman. Bidding opened at €175,000 and after 15 bids, it sold at €228,000.
32 Dalton Drive, Salthill. A four-bed semi located just off Dr Mannix Road. Bidding opened at €460,000, and attracted interest in-house and on the phone. After 21 bids, the hammer came down at €575,000 – €100,000 above the AMV.
69 St Brendan’s Avenue, Woodquay, Galway. A two-bed mid-terrace townhouse which had an AMV of €165,000. Bidding opened at €150,000 and it sold for €205,000.
‘Dogwood’, Caherbulligin, Craughwell. Three-bed original cottage extended to cottage extended to make a super contemporary home. The AMV was €270,000. Bidding started at €250,000 and it was withdrawn at €265,000. It sold after the auction for €267,000.
30 St James’ Crescent, Mervue, Galway. A three-bed terraced house with an AMV of €175,000. Bidding opened at €170,000 and it sold at €220,000.
St Jude’s, Taylor’s Hill, Galway. A 4/5-bed detached house in need of refurbishment with an AMV of €445,000. Bidding opened at €435,000 and the hammer dropped at €450,000.
For more, read this week’s Connacht Tribune.