By Tersia de Beer | Property practitioner in Kroonstad, Africa Estate
Your home is worth what a buyer will pay for it today, not what you paid for it. It sounds harsh, but it is where every honest valuation starts. In Kroonstad, where buyers know the market well, the right price from the start is the difference between a sale in weeks and a board that stands for months.
Comparable sales, not asking prices
The strongest evidence of value is what similar homes in your suburb actually sold for recently, as registered at the deeds office. Asking prices on Property24 show what sellers hope for; registered sales show what buyers paid. A good valuation always uses the second, and dates every figure.
Location within the suburb
In Kroonstad a suburb changes block by block. Two houses in Suidrand can be worth very different amounts simply because one is on a quiet street near the school and the other on a busy route. Stand size, the view and the neighbours all count.
Condition and improvements
A roof that does not leak, wiring that will pass the electrical certificate, a borehole or an inverter: that is what a Kroonstad buyer notices. Not every improvement pays for itself. A new kitchen helps, but a house that is in good order helps more.
Why bedrooms alone do not set the value
Two homes with the same number of bedrooms can differ by hundreds of thousands of rand. Floor area, stand size, the state of the bathrooms, covered parking and a flatlet that can earn rent all weigh more than the room count.
What a valuation from me includes
- The registered sales in your suburb, dated.
- The homes for sale around you now, and how long they have been on the market.
- What makes your home stand out, and what a buyer will question.
- A marketing price with a plan, in writing.
I can check the comparable sales in your area for you. Ask for a free written valuation, or read my 52 tips for Kroonstad sellers.
Tags:kroonstad · valuation · selling-a-house · free-state
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