The rainy season is upon us. It has come with its share of cons and pros, especially for the Kenyan real estate. If you were planning on buying a house before the year ends, you should begin right now.
Although anytime is a good time to buy but as all things go some seasons its peak time to buy while others are low. Kenyans love following the trends, as would you so why not buy a home right now?
However, this doesn’t mean you have to buy, you can decide to view some properties while casing an area. This helps when you eventually decide to buy you already have an area mapped out.
1. The drop in price
Although the prices might increase depending on the demand for houses. Hence take the opportunity and buy before the prices hike up. We, at Kenya Homes, have some wallet-friendly houses just for you. Irrespective of what time of home you need, we have specialised offers to satisfy your needs.
Most Kenyans associate the rain with hiked prices for commodities from fare to oil. However, in real estate, the prices might actually drop as the rains continue.
Moreover, this season allows for those choosing mortgage to own homes by the beginning of next year. The mortgage process is long and critical. Buying right now will give you a gross period to sort out your financing and start next year as a homeowner.
2. The accessibility of the house/area
In Kenya, the rain comes with potholes and mud. Fortunately, the season allows you to check whether the roads to your potential home are weatherproof.
For a person who doesn’t have a car, an inaccessible road implicates they will have difficulty travelling to and fro their homes. As a potential home buyer, take this opportunity to view as many houses as you can. Note down the areas with bad roads and check them out your list.
Furthermore, if you like an area with a bad road, ask around whether it will be repaired or not. This will assist you in making a decision especially if you don’t own a vehicle.
Luckily you don’t have to do the viewing alone, you can enlist the assistance of a real estate agent from Kenya Homes to help with the journey.