It has been a pretty tumultous couple of years for property worldwide. Still the old saying, "real estate is local" holds true. What does this mean for Hout Bay?
For most of us our net worth is tied up in the value of our personal homes. If its been a couple of years since you last had your Hout Bay the likelihood is that you are in for a surprise.
Most of us make the mistake of basing our value on what we heard our nearby neighbour was selling for. It will interest you to find out the ratio of properties listed to properties sold. Even more educational is the difference in asking price to price acutally achieved. Your neighbour's version of "we got our price" is often very different to what their price actually was!
I have sold hundreds of homes in Hout Bay, and seen thousands during my career- if you are looking for an expert opinion it will be my pleasure to give it to you! Our successful track record of sales (even in this market) has given us an understanding of what today's buyer is looking for.
Remember our season begins in January so if you are considering selling in 2012- now is the best time to prepare. I am available during the holiday season for a candid chat and realistic valuation.
Matt Mercer 0832991133, mattmercerza@gmail.com
PS: Even if you are not considering selling I am happy to meet with you. If you are just looking for a guideline I can do an online valuation with absolute pleasure!
Comments