What is happening to the property market in Constantia?
Rob Downey, who works with the Chas Everitt Constantia Team, has been asked this question frequently and in response prepared this report with a focus on the facts, and less on the wide-ranging opinions on the topic.
Some recent press reports shared on social media are nothing but wild speculation about the current number of properties on the market in Constantia demand a factual response. By researching the figures and looking at the major portals as at 29th January 2020, Rob determined the following from the dominant portal being Property24:
Despite the recent slowdown in home sales in Cape Town which has seen many real estate companies scale down their operations, Chas Everitt International franchisees are investing in new offices in the metro in anticipation of a substantial turnaround in the not-too-distant future.
One of these is the new high-visibility operation in Constantia Village, at the heart of a plush heritage area that has been particularly hard-hit over the past 18 months by emigration, the stagnant economy and a decline in the number of upcountry and foreign purchasers.
“This will further strengthen our strong position and interest in Constantiaberg area where we already have offices in Tokai and Bergvliet,” says Chas Everitt Constantia principal Sally Gracie, “and will be used to expand our penetration of the upmarket belt along the mountain slopes from Constantia and Bishopscourt to Newlands. Continue reading “New Chas Everitt Constantia office”→
As the New Year approaches, you may find yourself ready to fulfill an important goal; making the dream of owning your very own home a reality! Or maybe you are fortunate enough to be considering a move to a larger home, or the time has come to scale down to something smaller and more manageable!
Where do you start? Many dive right in and start house hunting with no idea what their price range is and very importantly what the added costs are, but if you had an uncle or an aunt in the real estate business you could talk to him or her and get some objective advice. Consider your Chas Everitt Cape Town South estate agent your direct contact to better real estate advice!
Without hesitation we recommend the services of a seasoned bond originator to pre-qualify you and also carry out a credit check on your behalf. Their services are free of charge and eliminates the hassle of shopping around for the best rate by yourself when the moment comes that you find your perfect home. * Should you use them to get a mortgage the mortgage broker will earn a commission from the bank but they are contracted to all the banks so they are totally motivated to get you the best deal.
As a buyer the added costs to be aware of are the bond registration costs as well as property transfer costs. These can not usually be added into the bond amount applied for. These funds need to be readily available before transfer of the property. The costs are dependent on your purchase price.
We have a good selection of starter homes in desirable areas but the best value less expensive houses are frequently sold by us before we ever market them. We have a responsibility to contact our registered buyers before we go to the open market so be strategic in your planning in the new year and register with us to gain a competitive edge. Give us a call to assist you from step A to Z and you could also request an invitation to our Better Buyer Workshop that is held by our marketing manager Andre de Villiers who has 35 years experience in Cape Town property.
As service driven agents we look forward to helping make your dreams a reality in 2019 that is the difference that makes Chas Everitt Cape Town South one of the best real estate companies to deal with in the opinion of our buyers who collectively give us a 4.8 out of 5 star rating – which is something we are super proud of maintaining and improving if we can.
There is no one way to sell a property because no property and seller are alike! It is a fundamental flaw in the marketing offered by most real estate companies that the same essential package is offered to most sellers. Little regard is made for the difference in seller’s circumstances and motivation or the area or the property! It’s a one size fits all or some extra bells and whistles for the more expensive homes.
Well, this is not the case with Chas Everitt Cape Town South. Over the last few years, we developed a tried and tested system that is centred around the strategically managed release of a property into the market with its own phased approach designed to stimulate maximum interest and response from qualified buyers.
Does this sound interesting to you as a seller? If you would like to know how you can secure these benefits, you will appreciate we cannot detail this here but if you contact the Chas Everitt Cape Town South area specialist who manages your area they will gladly explain how our management of the marketing process is fundamentally different to what you have heard before.
Experienced Constantia agents Ana-Paula Cole and Lily de Keller Jarmain have joined Chas Everitt International’s Constantia Team.
“Ana-Paula and Lily de Keller Jarmain are both well-established agents in the Constantia area, and we are absolutely delighted to have our Constantia Team complemented by two such agents with such an established presence in the area,” said Sally Gracie, the Constantia Team Leader and a Director of Chas Everitt’s Cape Town South franchise.
Ana-Paula and Lily de Keller Jarmain both ‘more than meet’ Chas Everitt stringent requirements of ‘Master Agent’, a status that reflects their valued real estate industry experience and success.
Ana-Paula can be contacted on 083 626 8777 and Lily de Keller Jarmain 083 567 3583.
Amid the tumultuous environment of the property market over the last several years in South Africa, Cape Town has not only remained stable in house price inflation but shown significant growth thanks to foreign investors and migration from other provinces.
Data a research group, Lightstone, recently analysed data of several million properties in the Western Cape and pinned the annual inflation rate at just under 4.0%, with a monthly rate of 0.27%.
One of the most interesting findings, the group said, is how the value and volume of properties compares between Cape Town and Johannesburg.
During 2008 the rand experienced its most dismal period to date performing exceptionally low against its global counterparts and the property market experienced negative growth on a national scale.
If you are moving home, getting a reliable property valuation is an essential step in the process.
A property valuation will give you an estimate of how much your house should be worth, based upon a number of different factors.
Even if you are not planning to move home straight away, house valuations remain an excellent tool to indicate a current market value and what improvements could be made should you want to potentially increase the value of your home without over capitalising.
By answering a few easy questions on the current condition of your home, our free property value calculator which uses the latest GIS (Geographic Information Systems) will give you an idea of how much money you could potentially make from the sale of your home.
Unique to Valuator we are also able to reference recent final property sales (selected Cape Town metropolitan areas) that have not yet been recorded in the Deeds Office which makes our report that much more current and reliable!
Valuator is a service operated in association with Chas Everitt by:
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