Market Analysis
2025-01-128 min read0 views

Dublin Property Size Premium 2025: Why Homes Over 150sqm Cost 127% More

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Dublin Property Size Premium 2025: Why Homes Over 150sqm Cost 127% More


Executive Summary


Size matters significantly in Dublin's property market. Our analysis of 3,358 properties over 150 square meters reveals a 127% price premium over the market average, highlighting how space drives value in the current market. This comprehensive study examines size-based pricing patterns and their implications for buyers, sellers, and investors.


The 127% Premium Breakdown


Market Size Analysis


Dublin properties show clear size segmentation:

  • Market average price: €594,000 (all properties)
  • Large property average: €1,348,000 (properties >150sqm)
  • Size premium: 127% increase for space
  • Sample size: 3,358 large properties analyzed

Size Categories and Pricing


The data reveals progressive pricing by size:


Very Small Properties (<100 sqm)

  • Average price: €494,000
  • Transaction count: 664 properties
  • Characteristics: 1-2 bedroom apartments, limited space

Small Properties (100-130 sqm)

  • Average price: €881,000
  • Transaction count: 188 properties
  • Premium over very small: +78%
  • Characteristics: 2-3 bedroom homes, compact family accommodation

Medium Properties (130-160 sqm)

  • Average price: €1,093,000
  • Transaction count: 120 properties
  • Premium over very small: +121%
  • Characteristics: 3-4 bedroom homes, good family space

Large Properties (160-200 sqm)

  • Average price: €1,321,000
  • Transaction count: 155 properties
  • Premium over very small: +167%
  • Characteristics: 4+ bedroom homes, substantial accommodation

Extra Large Properties (200+ sqm)

  • Average price: €2,086,000
  • Transaction count: 230 properties
  • Premium over very small: +322%
  • Characteristics: Luxury homes, significant land/gardens

Size vs Value Across Dublin


Geographic Size Preferences


Different areas show varying size premiums:

  • D6: Highest size premium with extra large properties at €2,086K
  • Premium areas: D4, D6, D14 show strongest size correlations
  • Suburban areas: More consistent pricing across sizes
  • City center: Limited large property availability

Size Efficiency Analysis


Price per square meter varies by size:

  • Small properties: Higher €/sqm due to fixed costs
  • Large properties: Lower €/sqm with economies of scale
  • Optimal size: 130-160 sqm offers best value balance

Bedroom Count Impact


Bedrooms as Size Proxy


Bedroom count strongly correlates with size and price:

  • 1 bedroom: €293,000 average (2,468 properties)
  • 2 bedrooms: €400,000 average (10,050 properties)
  • 3 bedrooms: €526,000 average (6,349 properties)
  • 4 bedrooms: €818,000 average (1,787 properties)
  • 5 bedrooms: €1,253,000 average (379 properties)

Size vs Bedroom Correlation


The data shows clear relationships:

  • Size premium: Each bedroom adds significant value
  • Space efficiency: Larger homes offer better value per bedroom
  • Family progression: Size increases with family needs

Why Size Matters More Now


Current Market Drivers


Several factors amplify size premiums:

  • Work-from-home: Demand for home offices and dedicated workspaces
  • Family expansion: Growing households need more room
  • Lifestyle changes: Gardens, outdoor spaces increasingly valued
  • Economic factors: Space as inflation hedge


Size preferences are evolving:

  • Remote work: Permanent shift increases space requirements
  • Family dynamics: Later marriages, larger households
  • Aging population: Accessible large homes in demand
  • Sustainability: Space for energy-efficient modifications

Investment Strategy


Size-Based Investment Opportunities


Strategic approaches for investors:

  • Buy for extension: Properties with development potential
  • Size arbitrage: Smaller properties in growth areas
  • Portfolio diversification: Mix of sizes across market segments
  • Future-proofing: Larger homes for long-term holding

Extension Potential Analysis


Properties suitable for extension offer value:

  • Garden space: Room for rear extensions
  • Attic potential: Loft conversions add significant value
  • Side access: Additional building space available
  • Planning permissions: Areas with favorable development rules

Buyer Considerations


When Size Premium is Worth It


Factors to consider when paying more for space:

  • Long-term needs: Family growth and lifestyle changes
  • Location trade-offs: Smaller premium area vs larger suburban home
  • Future value: Size appreciation vs location premium
  • Lifestyle requirements: Work, hobbies, entertaining needs

Budget Optimization


Strategic approaches to size decisions:

  • Right-sizing: Match property to current and future needs
  • Extension potential: Buy smaller with growth options
  • Location priority: Sometimes location outweighs size
  • Market timing: Size premiums vary by economic conditions

Conclusion


Size commands a significant premium in Dublin's property market, with homes over 150 square meters costing 127% more than the market average. The data reveals clear size-based pricing patterns that reflect changing buyer preferences and lifestyle needs. As remote work becomes permanent and families prioritize space, larger properties offer strong value proposition despite higher upfront costs.


Investors and buyers should carefully consider their size requirements against budget constraints, recognizing that space provides both immediate utility and long-term value preservation. The premium for size reflects fundamental shifts in how Dubliners live and work, making larger homes a strategic choice for those prioritizing flexibility and future-proofing.


Understanding size premiums helps buyers make informed decisions, whether they're purchasing their forever home or building an investment portfolio. As Dublin's property market continues to evolve, size will remain a key driver of property value and desirability.


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Dublin Property Size Premium 2025: Why Homes Over 150sqm Cost 127% More | Irish Property Data Research