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Why Unity Homes?

11 reasons to give you comfort as you invest in Unity Homes Over the past several years, I have written several articles concerning Unity Homes apartments, sold many apartments to happy investors and I can now confidently write this one. Click on the links at the end of the article to read the previous articles. Location: Tatu City is Strategically located - 15 mins away from Thika Superhighway...

Why Ruiru? A look at the past, present, and future.

The past Recently I met a 50 something-year-old lady who has been living in Ruiru since the year 2000. This is her story in brief. Let's call her Mary. Mary, then in her early 30s bought two 1/4 acre plots in Ruiru in the year 2000 for Kshs 60,000 each. The following year, she sold one plot for Kshs 80,000 making a 33% profit. She then managed to buy several more plots in the area. It was a coffee...

Retirement planning. Part 1- Home ownership

"Sometimes people don't really know how to assess their future needs"Charlotte Dougherty. Certified financial planner. Have you been thinking, either actively or passively, about retirement? Would you like a few real estate suggestions to be better prepared for the next phase? Retirement is the “last phase” of your life.Valuer Kariùki, MRICS Follow your dreams Do you dream of...

Should a new husband move into his wife’s house?

I asked this question on Facebook and it elicited a lot of reactions. In case you haven’t seen the question, here it is; If you are a single woman and you buy or build a house, then you get married, would you allow your new husband to move into your house? Why or why not? After a very successful debate, I feel like “addressing the nation” in my capacity as a valuer and real estate...

Housing as a “rite of passage”

At various stages in life, there are certain things that you consider as a "rite of passage".   Let's take a few examples When you are in high school, you want to finish and go to the university. When you are in the university, you want to graduate and get a job. When you get a job, you want to buy a car and get married... in whichever order. When you get married, you want to get kids. When the...

Hedonic

"Hedonic" literally suggests that the buying of the target property, and hence living in it, is a source of "pleasure". The better (and hence more expensive) the property, the higher this specific notion of real estate pleasure, stemming from property characteristics leading to such sensations: a nice view, proximity to services and pleasant life, the presence of an elevator, safe and sufficient parking...

Versatility in real estate

This Covid19 season has taught us that only the versatile survive. Nothing is certain but death and taxes. Benjamin Franklin 1789 Versatile will have the meaning of multipurpose or adaptable. What does versatile look like in real estate?   Residential house If you are planning on building a residential house, you can consider the following; Design it to have a home office or workshop or whatever...

How stand alone houses depreciate in value

Today we look at stand alone houses. Recently we saw how apartments depreciate in value. Read more about that here Scenario 1 John* builds a stand alone residential house in an uncontrolled area with the following neighbors. Single rooms made of iron sheets on one side A hostel with 6 floors towering over on the other side A church on the other side A boda boda stage on the front side. He...

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