Real Estate Investor Magazine April 2023 Edition | Page 168

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ELECTRICITY CRISIS more accessible , some recovery may be seen , but potential buyers remain cautious .
Goosen says , ‘ We are in the throes of a global and local energy transition and the fact remains that South Africa is one of the 30th driest countries according to WWF . A phased approach to reducing electricity dependence and conserving water is advised . Be prepared for outages as best you can and know that any improvements to your home will add to the property ’ s value in the medium to long term .
Whether the price of electricity is increased or not , better managed , and more sustainable buildings and properties offer their owners greater savings and align them with the global drive towards greener buildings and reduced carbon footprints .
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SA Real Estate Investor Magazine APRIL / MAY 2023 84