The high cost of development land in Killarney is going to make the area too expensive for most buyers

There seems to be no end to the escalation in Killarney land value over the past 10 months.  With prices now apparently higher than ever before including the peak of spring 2014 (and rising) finished home values are likely to have a higher floor value as well.  

This will also have implications for the cost of buying homes in the areas to the west of Killarney that up until now have had fairly reasonable land values.  Once again my advice to potential buyers is they either should have bought already (last year) or need to prepare to pay more in 2018.  

 

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Is this the high land sale for 2017? The year is only half over so we can't know for sure.  Hard to imagine prices higher than 683 for 50 ft. Nice site though.