Home values are constantly moving up and down.
Over a long enough period of time, property values , for the most part, appreciate.
But, in real estate there are no "sure things".
When your property appreciates you have a larger asset to borrow against, and you make a higher profit when you sell.
Property values in Dublin rise and fall for a variety of reasons, so how do you know what you're investing in presently won't depreciate the day after you close?
The most important part is that you go with a real estate agent in Dublin who is familiar with the factors that drive local prices.
Many think that the economy is the most important factor impacting real estate appreciation.
Clearly,
there are many factors on a national level that influence your property's value: unemployment, interest rates, business growth, and more.
But the most influential factors that figure your property's value are particular to the local Dublin economy and housing market.
Location in a community - Convenient access to schools, employment and amenities like shopping, restaurants and entertainment is important to many families and will greatly influence home values.
So those areas consistently appreciate, or keep their value, best.
Recent sales - Your real estate agent should provide you with statistics on the recent home sales in the regions that you're asking about. You'll want to know average time on market, selling versus listing price and more.
The appreciation history - Is the neighborhood considered desirable because of its location or affordability? Have property prices gone up or down over the last 5 to 10 years?
Local economy - Is there a good blend of job types in an area, or does it depend on just one industry? Have companies moved into or away from an area? Are local businesses hiring?
Each of these pieces plays a role.