New developments create healthy demand in Nelspruit

Nelspruit is currently experiencing an influx of buyers who are moving to the area from the Gauteng province, says Maurice Lodewick, Broker/Owner of RE/MAX Lifestyle Estates, which services the Nelspruit and surrounding areas. 

Selling from R1.42 million including transfer costs and attorney fees, this estate is located in the up-market suburb of Sonheuwel Ext 1, Nelspruit. Homes feature three bedrooms, two full bathrooms and a guest toilet, open-plan lounge / dining / kitchen, covered entertainment patio, separate scullery, double garage, manageable garden and fully walled garden.Other features include modern finishes, granite kitchen and bathroom tops, built-in braai, automated garage doors and an opportunity to select your own choice of tiles, cupboards, handles, interior and extra doors, taps, bathroom fittings and interior paint colour.

He notes that the arrival of the buyers is largely due to the new High Court that is opening in Nelspruit, along with the new Kiaat Private Hospital and the new university.

“The development of the new buildings has had a massive impact on the property market in the area with a strong demand seen for properties within secured estates. Security has been one of the main requirements for the buyers who have moved to Nelspruit and many of these buyers opt for properties that provide both safety and a lifestyle offering,” says Lodewick.

RE/MAX of Southern Africa, CEO, Adrian Goslett, says that this is not a unique trend among buyers moving to Nelspruit. He notes that this trend has been seen throughout much of the country with more and more buyers pointing to security as their number one deciding factor when making a property purchasing decision. 

According to Lodewick there is a particularly high demand for properties within the R1.5 million to R2 million price range as these homes are perceived to offer good value for money. “Within that price range buyers are able to purchase a home in a great suburb of Nelspruit such as Sonheuwel. Most of the homes within secured estates start from around R1.4 million,” says Lodewick.

He believes that the areas that provide the most value for money within Nelspruit are Sonheuwel, Steilties or West Acres. “In fact,” says Lodewick, “I think that not only is Sonheuwel good value for money, it is also likely to hold the most potential in terms of long-term appreciation. The homes is this area are in high demand and will continue be sought-after in the future. This continued demand will ensure that buyers who purchase homes in this area in the next year will have a good chance of seeing an excellent return on their investment.”

Offering advice to buyers who are looking to purchase property in 2015, Lodewick says that they should draft a list of all their must haves and wants before they start looking for a property, as this will assist them in narrowing down their search to ensure they find the right home for them. “It is also a good idea for potential homebuyers to have as much money saved up as possible for a deposit, transfer costs and bond registration costs. Having money saved up will ensure that the process of purchasing a property is far smoother and that the buyer is not caught out with any unexpected costs or fees. Buyers who are unsure of how much they qualify for or how much they can afford should contact a mortgage originator. An origination company will be able to assist the buyer in determining their affordability levels, as well providing them with the expected costs of the purchase,” advises Lodewick. “Visiting show houses in the area will also provide buyers with an idea of the property prices in the area versus the value the home provides.”

He adds that buyers should also choose to work with an experienced, qualified agent from a reputable agency which operates in the area they are looking to buy in. “Once the agent has the buyers requirements they will be able to find properties that meet their criteria.  The right agent can ensure that the home buying experience is a positive one,” Lodewick concludes.

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