Community projects protect West Rand home values

Sep 22, 2015 9:04:06 AM

It’s hard to beat the West Rand for value-for-money when it comes to real estate, and a strong sense of community makes areas like Roodepoort and Krugersdorp even more appealing.

So says Louis Barbosa, co-owner of leading local agency Harcourts Rhino, which places strong emphasis on community activities that help to protect and enhance property values.

“Since one of the most important factors for prospective buyers is safety and security, we have made it a priority to assist the Community Policing Forums to combat crime. We have sponsored communications and raised funds for our CPFs in Roodepoort and Krugersdorp, for example, and provided bulletproof jackets.

“We have also helped with clean-ups in our local parks, gone on blood donation drives, organised a clothing drive for the local hospice, raised funds for many charities and provided lunch packs to the children of a less fortunate school.

“And we have seen how effective this type of activity really is in helping to bring the community together, introducing neighbours to each other and encouraging them to work together to improve their neighbourhoods.”

He says Roodepoort and Krugersdorp offer a wide range of family homes and sectional title units to suit all tastes and pockets, and that the residential property market is currently well balanced, with sufficient supply to meet steady demand.

This demand is being fuelled by a fast-growing middle class, an influx of students attending Monash University, and the increasing number of “business flights” available at Lanseria airport. “The West Rand is also easy to access from Soweto and Pretoria, has less traffic congestion than Johannesburg, and boasts a variety of excellent schools, top shopping venues and wildlife and game parks.”

Roodepoort has seen massive new development in the past decade, and prices are somewhat higher here, but even so, says Barbosa, there is still excellent property value to be found. “Entry-level properties start at around R350 000 and a freestanding two-bedroom home in Fleurhof can be purchased for around R410 000.

“We currently also have a modern, three-bedroom townhouse with two bathrooms in Groblerpark available for R600 000, and an older three-bedroom, two-bathroom home in Roodepoort North available for R710 000.”

In Krugersdorp, he says, most of the stock is older than in Roodepoort, but it is still possible to buy a family home in Silverfields for around R960 000.

“At the other end of the spectrum, however, there are magnificent hillside mansions for sale in newer Krugersdorp suburbs such as Rangeview and Noordheuwel, where prices range from around R2m to R4m.”

 

For more information contact

Louis Barbosa on 083 625 4402/ louis.barbosa@harcourts.co.za

Or visit www.harcourts.co.za

Topics: Selling