Real Estate Investor Magazine South Africa September 2015 | Page 33

Location is always vital
No other aspect will have a greater impact on the
property’s potential for appreciation in value than its
location. All property professionals agree that location
is the first thing that any property buyer should focus
on. This is because a property’s location determines so
much of its current value and growth in value in the
future.
He points out that from an investment perspective,
homes that are in proximity to a range of amenities
such as shopping centres, entertainment areas and good
schools generally see a higher percentage of capital
growth over the long term than those that aren’t.
How the home is designed
Renovating a home is one thing, but completely
changing the design of the property can be very costly.
This why it is important that the shell of the home
is designed well and laid out correctly. In some cases
where rooms have been added at a later stage there can
be a disconnection in the home’s layout if it has not
been properly thought out. Sometimes it is better for
buyers to walk away than to try to correct a bad design.

A property