By Neltah Tshepiso Mosimanegape
  1. REMOVE SENTIMENTAL ATTACHMENT TO YOUR PROPERTY!!!

Frequently, property owners believe their property is worth much more than it actually is, just because of their sentimental attachment to it. This attachment is especially common in Botswana, where land ownership is a big deal. The truth is, a property/plot handed down as an inheritance from your great grandmother does not affect the value of the property in any way and will certainly not be taken into consideration by the valuer.

  • FACTORS INFLUENCING THE VALUE OF THE PROPERTY

As cliche as it may sound, ‘location, location, and location’ still have an enormous impact on the value of a property. Properties that are centrally located in areas with developments such as schools, malls, and good neighbourhoods positively impact the value of your property. The local market conditions also affect property valuations, so keep your ear on the ground or consult a property expert such as Tempest Gold for expert advice.

  • COMPARABLE VALUES

Comparable valuations of similar properties in your propertys’ neighbourhood can also be used to determine the property value. Where your property is situated takes us back to the first point on the importance of location.

  • WANT TO INCREASE THE VALUE OF YOUR PROPERTY? HERE IS WHAT YOU CAN DO.

Property improvements add value to a property. Instead of a fenced perimeter, consider building a wall around your property. A well-maintained property  (interior and exterior) can increase the value. For example, a well-maintained, beautiful garden and paved yard add value. You can also install fitted wall wardrobes and a fitted kitchen.  Finally, you can replace your vinyl tiles with ceramic or porcelain tiles, improving the overall property’s attractiveness.

  • CONTACT ACCREDITED PROPERTY VALUERS

Property valuers with experience in the market can accurately give you a good estimate of your Open Market Value, Forced Sale Value, and Insurance value. Contact Tempest Gold on 72196950  to engage trusted and registered valuers to value your properties!!!