Derelict Cottage at Carracastle, Carracastle, Co. Mayo
0 homes sold nearby. See what they went for — and what to bid on this one.
€50,000 · 0.76m² · Site
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Market Position
Limited Transaction Data
At €50,000, we cannot reliably position this property — no comparable closed sales were found within 1.5km. More local transactions are needed before the data can support a market position estimate.
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 0 comparable transactions within 1.5km over the past 18 months. A minimum of 3 is required to derive a statistically reliable bid strategy. Purchasing a report is not available for this property.
This can happen for properties in lower-turnover areas or very specific property types. Check back as new transactions register on the Property Price Register, or search for a nearby comparable property.
Statistical Confidence · Low
0
Transactions Analysed
Within 1.5km
—
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Low
Confidence Level
Sale prices in this area vary more than usual, so there is some uncertainty in the figures. Bid conservatively and in small increments.
Limited recent transaction volume reduces trend precision. Strategy remains anchored to closed-sale distribution.
PPR closed sales · size & time adjusted · no asking prices used
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
Local Market Notes
Property Quality
BER B Rating Advantage: The BER B rating offers a good starting point, indicating lower potential energy costs compared to properties with lower ratings.
Details
- Low Asking Price Impact: The current asking price of €50,000 for a site with a derelict cottage implies a substantial investment is required for renovation, likely exceeding the property's current intrinsic value.
- Significant Renovation Potential: While the property is listed as a 'Site' with a derelict cottage, the presence of 2 bedrooms and 2 bathrooms suggests a potential base for renovation, though the extent of work is unknown.
- Hypothesis: Given the 'Derelict Cottage' status and 'Site' classification, the cost to bring the existing structure up to modern standards and habitable conditions could range from €100,000 to €150,000, transforming it from a low-value site into a mid-value family home with a B rating.
Amenities
Limited Local Services: Carracastle, Co. Mayo, is a rural area with limited specific public transport links such as bus routes, train stations, or Luas stops mentioned in the provided data.
Details
- Rural Healthcare Access: Access to healthcare facilities would likely involve travel to larger towns, as no specific hospitals or clinics in Carracastle are listed.
- Remote Retail Environment: Shopping and retail amenities are not detailed for Carracastle, suggesting a reliance on services in nearby larger towns, impacting convenience.
- Hypothesis: The lack of detailed local amenities and public transport in Carracastle suggests that any buyer would need to rely on private transport, making the property's value proposition heavily dependent on its price and potential for self-sufficiency or development rather than its immediate amenity access.
Derived from nearby closed-sale patterns.
Built on verified Irish public data
Property Price Register
625,000+ verified closed sales
SEAI
Building energy ratings & floor area
Office of Public Works
Flood zones, events & study areas
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.