How to Find Out the Value of Land in Kenya

If you are involved in the purchase and sale of the land/property industry, it is always good to know how much whatever you're buying or selling costs.

As a buyer, knowing the value of what you are about to buy will also ensure you don’t overpay for it.

Understanding the value of your property will also inform among others; the pricing and rent (if it is commercial buildings (s).

For you to get to know the value of property/land, you can either get a property appraisal from a certified real estate professional or engage professional valuers.

Real estate professionals will show you the estimated market value based on current trends in the region that the land is located while professional valuers will calculate the value of your property.

So what are the parameters used in determining the value of a property or land?

Among the key things that valuers will be looking at include;

- Size of the land

- Location of the land/property

- How far/near it is to key amenities

- Architectural design style

- Current condition of the property/land

- Direction of the land/property in respect to certain amenities

- Shape of the land

- Land block layout

- Size of the property

- For a house – they will look at the property features such as bedrooms, bathrooms, kitchen etc.

- Possibility of development/renovations.

Once a valuer looks at the above-listed parameters, he/she comes up with a report that is used to compare with a similar property/land that has been sold within 180 days.

A comparative market analysis report and average prices gathered from the valuation process will then be used as a baseline o how much the land/property in question is worth.

Find Property in Uasin Gishu County

Baoriat Agencies

Call: +254 721-554-937

Baoriat Agencies is committed to helping you find the best place for you to settle in Eldoret town. We walk you through the entire process of acquiring your own property in Eldoret until it has been transferred into your hands.

To learn more about buying a property in Eldoret,

Call 0721-554937

WhatsApp https://wa.me/0721-554937

Email evekibet@gmail.com or

Visit us at Juma Hajee Building room number 16, Eldoret town

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