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89% of Irish house hunters have €300,000 or less to spend on a new home

Written by Robert McHugh, on 11th Apr 2019. Posted in Property

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A new house, a central location, good transport links and a back garden are the top four ‘must have’ features house hunters require when searching for their new home. This is according to research from Perfect Property, an Irish property search engine that lists properties for sale and to rent.

The research also shows that the busiest hour of the day for online property searches is 4pm, with 70% of house hunters looking for a house, while 30% are seeking an apartment.

When it comes to maximum budget, just over a quarter (26%) of Perfect Property users say their budget is €300,000, with 19% saying €150,000 and 7% citing €200,000. 

The maximum budget figures are as follows:

€100,000          10%
€125,000          11%
€150,000          19%
€200,000          17%
€250,000          6%
€300,000          26%
€400,000          6%
€500,000          5%

Perfect Property has been able to identify the preferred ‘must have’ features by those already using the online platform. In order, they are:

New homes
Central location
Good transport links nearby
Back garden
Central heating
Quiet location

Commenting on the data, Managing Director of Perfect Property, Laura Pollard said, "We noticed that a lot of Perfect Property users were searching without identifying a specific area, in a bid to figure out where they can afford a property that meets their needs. We knew there had to be an easier way, so we threw out the traditional searching process and came up with Perfect Match. Being able to specify your exact list of requirements including the ability to add potential, or move in and enjoy from day one, is so important. In less than 30 seconds, you will be able to see where properties are that match your specific needs."

Source: www.businessworld.ie

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