House hunters expect to pay €335,000 to get dream home

People planning to buy a home over the next few years expect to have to pay an average of €335,000.

This is €74,000 more than the average cost of a home at the moment, according to a survey commissioned by Dublin-based Lotus, a firm that loans to developers.

The survey, conducted by Red C, found that people think property prices are inflated but are still willing to spend more than the average value of a property to get their dream home.

Six out of 10 expect to either move or buy for the first time, according to the survey of 1,000 people.

Four out of 10 said that they definitely won’t be purchasing any property.

Read the full details in the Independent –

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