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How much is your house worth in 2017?

How much is your house worth in 2017? home 366927 1280 830x323

If you’re thinking of buying a new home in 2017, then now is the perfect time to find out for free just how much money you’ll have to invest after selling your current property.

Sherry FitzGerald Rainey is currently offering free appraisals in order to help provide vendors with a clear picture of their purchasing power.

After all, when you know how much equity you have you can then make a much more informed decision on which house price range is right for you.

For many a valuation today may come as a pleasant surprise, yielding a potentially higher return than anticipated. There is no doubt that the situation has improved for sellers, with house prices in Donegal experiencing a steady rise in recent times.

In January, our Chief Economist at the Sherry Fitzgerald Group Marian Finnegan, said a combination of “strengthening demand and limited supply” had placed upward pressure on the average value of residential property across the country.

“This is most noticeable in rural Ireland with counties like Donegal, Offaly, Roscommon, Westmeath and Wexford all experiencing double digit growth,“ she said.

The Residential Property Price Register for 2016 gives a broad brush overview of how house prices in Letterkenny changed over the 12 month period.

In Rann Mor Meadow, Letterkenny’s only new development and one of the most popular residential areas, a three bedroom, two bathroom, semi-detached home sold in November 2015 for €143,000. Fast forward to November 2016, and a the same house typey, sold for €153,000

And while it’s difficult to predict how the market will progress in 2017, there are indications that the current upward trend may well continue.

With these figures in mind – and a noticeable increase in the availability of mortgage lending – many people believe the time is right to make the long awaited move.

So if you are preparing to make your next step on the property ladder – whether upsizing or moving to a new area – we’d love to help you find out exactly what your home is worth.

Our expert valuers have an unrivalled knowledge of property and rental values across Donegal.

You can book a free appraisal by filling in your details on the Sherry FitzGerald Rainey website – www.sfr.ie/contact-us  – or if you wish to speak to a member of our team call 074 91 22211 or email property@sfr.ie

We’d be delighted to hear from you.
Get in touch today to book your free valuation and let’s get you moving.