Month: March 2010

345,000 vacant homes in Ireland

345,000 vacant homes in IrelandAccording to a report published by the Urban Environment Project at University College Dublin, there are no less than 345,000 empty houses or apartments in the State. This figure equates to just under 18% of all housing in the country.

This enormous oversupply of homes available in the Irish property market is a number well above recent figures released by both the National Institute of Regional and Spatial Analysis (Nirsa), based in NUI Maynooth and the Construction Industry Federation (CIF). Of course both groups defended their research with CIF stating that their 40,000 figure from the Irish Home Builders’ Association was the number of new, unsold homes in the State and did not include other categories such as second homes.

Grand Design: 39 Deerpark East, Westport, Co Mayo

Grand Design: 39 Deerpark East, Westport, Co Mayo

39 Deerpark East, Westport, Co Mayo

First grand design of the month this March is an architecturally designed 4 bed detached by award winning architect Michael Horan of Axo Architects. Not only that, but the property was also nominated for an award by the Architectural Association of Ireland!

39 Deerpark East is a unique property located in a small residential cul-de-sac just …

Buy of the week: Station Court, Gorey, Co. Wexford

Buy of the week: Station Court, Gorey, Co. Wexford

Station Court, Gorey, Co. Wexford

Buy of the week this week is a 3 bed townhouse located in Station Court, Gorey for €199,500!

Station court is a new development of one, two & three bedroom apartments, three bedroom duplex units and two & three bedroom townhouses which is location only a stones throw to Gorey Main Street and the recently opened Gorey shopping centre. …

Biggest property in the US: Ira Rennert’s Mansion

Biggest property in the US: Ira Rennert’s Mansion

Biggest property in the US: Ira Rennert’s Mansion

Reportedly the self-made billionaire Ira Rennert, founder of the Renco Group owns the largest residential property in the whole of the US. The property is situated on a 63 acres site in Sagaponack, New York and has 29 bedrooms, 39 bathrooms, as well as the usual gigantic dining room. In addition to the main home …

Drop in UK house prices during February

Drop in UK house prices during February

Drop in UK house prices during FebruaryAccording to the last property index report from Halifax in the UK residential property there saw an unexpected price fall of 1.5% in February. The decrease has been the first drop in UK residential house prices since June last year. The decline followed a downwardly revised 0.4% rise in January and left prices 4.5% higher in the three months to February compared with a year ago.

Commenting on the drop, Halifax’s housing economist Martin Ellis said; ‘the bad weather in the first two months of 2010, together with the return of the lowest stamp duty threshold to £125,000, are likely to have had an adverse impact on housing demand’.

Gadget of the week: Six part toaster

Gadget of the week: Six part toaster

Gadget of the week: Six part toasterHousehold gadget of the week this week is this uber funky and quite handy six part toaster. The toaster design by Matt Gossington rotates and heats the toast in single compartments. You can then remove the compartments from the main appliance and swing open to allow toast to keep warm and crisp on its hot plates.

The toaster would be ideal for large families who have lots of mouths to feed during the weekly early morning rush.

Winning Design: New US Embassy for London

Winning Design: New US Embassy for London

Winning Design: New US Embassy for LondonFinally, after much anticipation and debate, the plans for the new US Embassy in London, designed by the Philadelphia firm KieranTimberlake were announced late last week.

The new building will be situated in the Nine Elms opportunity area of London, overlooking the southern edge of the Thames is to fill approx a five-acre site. The new design makes extensive use of glass which will be protected by a blast-resistant polymer skin; not only is this blast proof but the polymer skin will also shade the building and hold flexible solar panels. Along with all this the roof will be home to an array of solar panels that will “hide mechanical equipment while producing electricity”; “The goal is a building that creates more energy on balance than it uses”.

According to the US state department, the goal of the design of the new US embassy is to “reflect the values of the American people”. In an era so obsessed with terrorism and security the new London based US Embassy aspires to a different level focusing on sustainability, ecological responsibility and “neighborliness within a tight urban area”.

€1m Restoration Scheme for pre 1960’s Farm buildings

€1m Restoration Scheme for pre 1960’s Farm buildings

Many traditional farm buildings are to be rescued from near extension by a new EU-funded grant scheme. The project aims to restore traditional Irish Farm buildings around the country to their former glory in order to help preserve our past traditions, history and culture i.e. ‘things’ that are “distinctively Irish”; “old farm buildings are what make …

Buy of the week: 4 St. Marys Road, Dundalk, Co. Louth

Buy of the week: 4 St. Marys Road, Dundalk, Co. Louth

4 St. Marys Road, Dundalk, Co. LouthBuy of the week this week is a 4 bed mid terrace located in Dundalk. On the market for €165,000 this 3 story period property offers a lot of house for its asking price and is in a super central location with all town centre amenities on the doorstep. Not only do you have plenty of room to play …

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