RESIDENTIAL
RESIDENTIAL
Main factors
Thorough Research: Visit the estate and talk to residents to understand its features and community dynamics before making a purchase.
Architectural Guidelines: Know the restrictions on design and construction to ensure compliance and avoid future frustrations with property modifications.
Financial Considerations: Factor in approval fees, monthly levies, and potential resale restrictions when budgeting for your estate investment.
Wickus Klopper, Senior Architectural Technologist and Technical Team Leader at BPAS Architects, states,“ An estate offers a holistic lifestyle with curated amenities and enhanced security. Unlike a complex focused mainly on housing units, an estate integrates recreational facilities, green spaces, and even elements like schools and shops for residents’ convenience.”
While these features are attractive, potential homeowners must consider specific guidelines and costs associated with estate living.
Step-by-Step Considerations
1. Do Your Research
Klopper emphasises the importance of exploring the estate and its surroundings firsthand.“ Relying solely on marketing materials can be misleading,” he cautions.
• Observe Spacing: Check how close homes are situated. Are they packed closely together, or is there adequate privacy?
• Assess Outdoor Spaces: If pets or children are a consideration, ensure the estate has sufficient garden space.
• Evaluate Security Measures: Some estates may have restrictions on perimeter fencing, which can impact families and pet owners.
Additionally, Klopper suggests engaging with current residents to gain insights into both the advantages and potential drawbacks of living in the estate.
54 REI MAGAZINE APRIL 2025