WESTERN CAPE: BUY HERE: Our insider’s guide to Brackenfell

Feb 20, 2019 7:52:48 PM Share this:

Offering many property options, this large suburb close to the Winelands has a nature reserve on its doorstep

If you’re looking for value, consider the northern suburbs. Brackenfell is a short drive to the city on the N1, offers a range of property types, has good schools
close by and a number of attractions on its doorstep.

“We’ve seen steady growth in the sale price of properties in the area,” says Denis Dunn, principal at Harcourts Dunn.

“The advantage of Brackenfell is that it is a very large region with an array of property options. The average price for an apartment starts at R900000, and a townhouse ranges from R1.1 million to R1.8m. Full-title homes are priced on average from R1.7m to R2.8m, and a larger home can cost anywhere from R4.5m and higher. The rental market is booming. For any investor who wants a high-demand property, Brackenfell is a great place to start.

“The other obvious allure of the ever-growing Brackenfell region is the developments. At Harcourts Dunn we have a specialist developments team that assists clients with all their requirements. “Brackenfell has a selection of nice developments, catering for professionals, young families and investors.

The advantage of Brackenfell is that it is a large region with an array of property options. –
Denis Dunn, principal and owner Harcourts Dunn Picture: Supplied

“We’ve had a lot of interest in Burgundy Estate and the development is showing good rental returns. Some of the other developments in Brackenfell are Protea Heights, Morgenster, Kleinbron, Protea Village and Sonkring.

“The Cape Town property market was certainly under pressure during 2018. External economic factors, water shortages and overall political instability undoubtedly influenced the market.

However, the affordable and high-demand regions continued to defy the trends.” Dunn maintains that Brackenfell is one of those areas that continue to show great positive returns.

Read more

Topics: Harcourts South Africa, Harcourts Dunn, buying and selling, Tips for buying

Price your property to sell in the current market

Jan 23, 2019 7:09:19 PM Share this:

Whether it is a buyers or seller's market accurate valuation and pricing of your home is imperative if you aim to have a successful transaction. Realistic pricing is relevant to accurate market value and often buyers will compare your home to the properties in the area so they can gauge an insight into the true market value.

Market fluctuations and economic pressures undoubtedly influence the price of property and we've seen some homeowners having to drop expected prices due to the external economic factors affecting the market from a holistic perspective.

Therefore, If your property is over-valuated it not only wastes valuable marketing time but it can very often gain a stigma that negatively affects the perception of the home going forward. In the end, you may end up getting far less for your property than could have been initially obtained. No matter how well your property is marketed, if the price isn't right, it won't sell.

When a property is accurately valuated and the agent commences marketing of the listing this creates immediate demand. The first 6 to 12 weeks are the most important when marketing a property.

The first step is to contact an agent with an extensive target market presence. Browse digital property platforms, forums, portals as well as published newspapers and magazines to best see which agents have a true understanding and footprint in the region you wish to sell. Then, similarly, use that research time to assess where your property's value is located in the market and try and scale it correctly. Not just comparing the size and location but added features also.

Agents use many accurate tools that take an array of factors into account when valuating your home. Pair this data with expert insights into the current climate of the market and trends of buyers and sellers and an agent is able to present your property to a diverse network exposing it to the right buyers.

Read more

Topics: buying and selling, Property Valuation, Harcourts South Africa, Harcourts Real Estate, Richard Gray

Harcourts' continued South African growth cemented in market understanding and culture

Jun 22, 2018 8:03:25 PM Share this:

Although South Africa's economy has been under pressure in recent years with rising costs placing consumers in a price pinch, compounded by volatile market fluctuations causing unpredictable cyclical trends - Harcourts South Africa experienced unprecedented growth over this same period. Sales have grown 115% in the past five years, the amount of agents have doubled and 2017 was Harcourts' most successful year on record.

Read more

Topics: real estate technology, Innovative technology, Harcourts South Africa, Harcourts Growth

Guided by ethics in real estate

Apr 14, 2016 1:21:58 AM Share this:

Buyers and sellers of property are constantly bombarded with a plethora of information and advice on when the right time is to buy, what economic factors to consider and other insights that often leave them confused. It is here where the onus of guidance and ethics for a real estate agent play a crucial role.  

Read more

Topics: Harcourts South Africa, Ethics, Real Estate, Repeat Business, Customer Feedback, Ethical Compass, Referrals

How to steer clear of rental property scams

Feb 26, 2016 6:05:00 AM Share this:

Searching the internet has become the norm for consumers looking for homes to rent, with classifieds websites recording huge traffic increases in this category over the past few years.

Read more

Topics: Renting, Harcourts South Africa, Rental Property

Positive sentiment in budget re-enforces confidence

Feb 25, 2016 6:06:42 PM Share this:

One of the major attractions to investing in property is your capital growth, in addition to your ongoing rental income.  For that to be true, you need to ensure that your property is well maintained and cared for.  A bad tenant can do significant damage that you may have to repair, eroding much of your capital growth.

Read more

Topics: Harcourts South Africa

What can ‘middle class’ homebuyers in SA really afford?

Feb 20, 2016 1:25:01 AM Share this:

When times get tough in the real estate market, home sellers really need to know what prospective homebuyers can afford, so they can set their asking prices accordingly.

Read more

Topics: Harcourts South Africa

What you need to know about electric fence certificates

Feb 15, 2016 5:20:10 AM Share this:

Most homeowners know by now that they must have a valid Electrical Compliance Certificate (ECC)  if they want to sell, because their property can’t be transferred to a new owner without one.

What they may not know, however, is that they are actually required to have an ECC at all times – and required to get a new one every two years, or whenever any alterations or additions are made to the electrical system on their property – whether or not they are planning to sell. 

Read more

Topics: South Africa, Richard Gray, Harcourts South Africa, Electric Fence Certificates

Fine-tune your marketing now for a successful home sale

Feb 5, 2016 5:22:30 AM Share this:

Two interest rate increases in the past year and a decline in the discretionary income of most households means that correct pricing has become even more essential for home sellers hoping for a quick, clean transaction.

Read more

Topics: Richard Gray, Harcourts South Africa