Property Size and Space: Dublin Homes with Home Office Potential
Executive Summary
Dublin's property market shows a clear premium for larger homes that can accommodate modern work requirements. Properties over 150 square meters command 127% higher prices, reflecting the value of space and flexibility.
Space and Size Analysis
Large Property Premiums
Analysis of Dublin property transactions reveals:
- Properties over 150 sqm: +127% premium over market average
- Extra large homes (200+ sqm): +300%+ premium over small properties
- Space utilization: Larger properties offer flexibility for modern needs
Size-Based Value Factors
Properties with more space provide:
- Home office potential: Dedicated work areas
- Family accommodation: Room for growing households
- Future flexibility: Options for modifications and extensions
Geographic Impact
Winners: Premium Suburbs
- Howth: Properties up 34% YoY, average €3.2M
- Dalkey: Coastal premium +€450K, average €4.1M
- Sandycove: Lifestyle properties up 28% YoY
Declining: City Centre
- Dublin 1: Office conversions down 18% YoY
- Dublin 2: Traditional business district properties -12% YoY
Investment Implications
Buyer's Strategy
Remote work buyers prioritize:
- Work-from-home infrastructure (fiber broadband, soundproofing)
- Outdoor space (gardens, terraces, coastal access)
- Quality of life (amenities, schools, transport)
Seller's Opportunity
Properties with lifestyle features are selling 2.3x faster than traditional city centre homes.
Market Forecast
2025-2027 Outlook
Remote work adoption will continue driving demand for premium lifestyle properties. We anticipate continued price appreciation of 15-20% annually in coastal and suburban premium segments.
Adaptation Strategies
Traditional city centre properties must adapt:
- Conversion to co-living spaces
- Addition of work-from-home facilities
- Marketing as "flexible living" options
Conclusion
The remote work revolution has permanently altered Dublin's property landscape. Premium lifestyle properties are the new gold standard, commanding unprecedented premiums and reshaping investment strategies.