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2 Riverdale Court, Castlebar, Co. Mayo, F23 C973

14 homes sold nearby. See what they went for — and what to bid on this one.

€175,000 · 2 Bed · 2 Bath · 89m² · Terrace

Market Position

Below Typical Sale Prices

At €175,000, this home is priced below what similar properties sold for in the area. That's a favourable starting position — but consider a structural survey before committing.

6 Castle Grove, Castlebar, Mayo, Mayo
43 Mccormack Estate, Castlebar, County Mayo, Mayo

14 closed sales nearby · 10mo recency · High confidence · Property Price Register

Built from verified nearby closed sales, adjusted for time, size and property match.
Sources: PPR, SEAI, OPW, planning records.
How this is calculated

We search the Property Price Register for closed sales near this property — matching by location, beds, property type, and where available, floor area (±20%). This gives us a set of genuinely comparable transactions.

Each sale is then time-adjusted to today using local price trends, so a sale from 18 months ago is inflated (or deflated) to reflect current market conditions. Where floor area is known, sales are also size-adjusted — a 90m² sale is normalised to what it would have sold for at this property's size. This means the figures you see aren't raw prices — they're what those same homes would likely sell for today, at this size.

Your bid strategy (opening offer, sealed bid range, walk-away ceiling) is then derived from the statistical distribution of these adjusted sales — with conservative safety margins applied when data is thin or dated.

Every figure comes from actual government-recorded sale prices. No asking prices, no agent estimates, no automated valuations.

Full methodology →

Opening

Start here

Best & Final

If multiple offers

Ceiling

Do not exceed

Before you bid €175,000, get your opening offer, best-and-final range, and walk-away ceiling.

Instant access · No subscription · Refund if not useful

Overbidding by 5% could cost €8,750 before interest.

Analysing 625,000+ Property Price Register transactions since 2010.

What your report includes

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Before You Bid

Before you bid €175,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Moderate Likelihood
48%probability of going
above asking

Am I Overpaying?

Low Risk
8thpercentile of
local sales
Well below average for the area

Negotiation Leverage Score

Buyer Has Leverage
53/100

€8,750

That's what overbidding by just 5% on a €175,000 home costs you — before interest.

A €19 check before a €175,000 commitment.

Get Your Exact Bid Numbers for This Property

You've seen the market signals. Now get the exact numbers: where to open, how far to go, and when to walk away.

Built from 625,000+ verified Irish property transactions

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Based on 14 verified local sales · High confidence

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From €19 for your strategy on a €175,000 home. Independent valuations start at €150 — same data source, fraction of the cost.

Price Distribution Analysis

14 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).

Ask
€40k€286k
Asking €175,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price is positioned below the size-adjusted median, suggesting favourable entry conditions. Median anchored to size-similar transactions.

This chart shows where the asking price sits versus recent verified closed sales. It does not show your bid strategy.Same baseline as Market Position — size-adjusted.

The chart shows the market. Your report gives the number not to exceed.

Instant access · No subscription · Refund if not useful

Statistical Confidence · High

14

Transactions Analysed

Within 1.5km

10 months

Data Freshness

Most recent sale age

±12%

Price Spread

How much prices vary

High

Confidence Level

Recent sale prices in this area are closely clustered, which means the data is reliable and the bid strategy is well-supported.

High data density supports precise entry positioning.

PPR closed sales · size & time adjusted · no asking prices used

Supporting Evidence · 14 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
6 Castle Grove, Castlebar, Mayo, Mayo2024-12-16
43 Mccormack Estate, Castlebar, County Mayo, Mayo2025-03-14
12 more transactions in full report

Transactions within a 1.5km radius and 18-month window.

Methodology

Closed sales time-adjusted to current market · size-weighted where floor area available · no asking prices or agent estimates used.

How adjustments work
  • Older sales inflated to current market level so stale data doesn't skew bands
  • Similar-sized properties weighted more heavily where floor area is known
  • Local price trends factored in when sufficient data exists; no artificial uplift otherwise
  • All figures from registered closed sales only — no asking prices, no agent estimates

Full methodology →

Local Market Notes

Property Quality

BER Rating Investment Opportunity: The 'SI_666' BER rating is effectively unknown and likely poor, indicating that upgrades to a B2 rating could cost €8,000-€12,000 but potentially increase the property's value by €15,000-€20,000.

Details
  • Optimizing Value Through Upgrades: Given the unknown BER, investing in insulation and heating upgrades could reduce annual energy costs by an estimated €1,000-€1,400 compared to a D-rated property, enhancing long-term affordability.
  • Standard Size and Configuration: With 89.0m² and 2 bedrooms, the property aligns with a medium-sized dwelling, fitting the 10km_90d_median_beds of 4.0 and 10km_90d_median_baths of 2.0 metrics seen in the area.
  • Hypothesis: Given the lack of specific BER information, a comprehensive energy audit and targeted improvements to achieve at least a C or B rating would not only significantly reduce running costs but also unlock substantial capital appreciation, as buyers increasingly prioritise energy efficiency in their purchase decisions.

Amenities

Limited Public Transport: Castlebar's public transport network primarily relies on Bus Éireann services, with routes such as the 54 and 44 serving the town, but no DART or Luas services are available within the county.

Details
  • Local Educational and Healthcare Access: The property is within proximity to St. Patrick's Boys' National School and St. Joseph's Secondary School, with Mayo University Hospital and several local pharmacies providing essential healthcare services.
  • Retail and Leisure Hub: Castlebar town centre offers a range of amenities including Dunnes Stores, Tesco, and various independent retailers, alongside leisure facilities like Lough Lannagh Holiday Village and the Linenhall Arts Centre.
  • Hypothesis: The lack of direct rail connectivity to major urban centres like Galway or Dublin necessitates a reliance on private transport, which could be a limiting factor for potential commuters, but conversely, this may also contribute to a more affordable property market compared to areas with strong commuter rail links.

Derived from nearby closed-sale patterns.

Built on verified Irish public data

Property Price Register

Property Price Register

625,000+ verified closed sales

SEAI

SEAI

Building energy ratings & floor area

Office of Public Works

Office of Public Works

Flood zones, events & study areas

MyPlan.ie

MyPlan.ie

Planning applications nationwide

Common Questions

Bid strategy figures are derived from the Property Price Register — Ireland's official record of closed residential sale prices, verified through stamp duty. Floor area data comes from the SEAI BER register. Flood exposure is cross-referenced against OPW CFRAM flood extent mapping and historical flood events. Planning activity is sourced from national planning application records via MyPlan.ie. No asking prices, no agent estimates, no automated valuations.