Where Namibians Meet
User Name: Password: Forgot Password?

 
 Advanced Search
Go Back   The Shebeen > The People's Forums > Business & Economics


Reply
 
LinkBack Thread Tools
  #1  
Old 15th February 2008, 07:10 PM
bargain Offline
Junior Member
 
Join Date: Feb 2008
Posts: 1
Thanks: 0
Thanked 2 Times in 1 Post
In Agreement: 0
In Agreement With 0 Times in 0 Posts
Credits: 357
Cool Property prices in namibia

How does one determine the price of your property. I know that there is no clear cut answer but their should at least be an outline in guiding you

mr property please answer

have a great weekend!
I
Reply With Quote
The Following 2 Users Say Thank You to bargain For This Useful Post:
juikk (22nd February 2008), Shebeen (16th February 2008)
  #2  
Old 16th February 2008, 12:44 AM
Oneword's Avatar
Oneword Offline
Senior Member
 
Join Date: Oct 2007
Posts: 1,368
Images: 338
Blog Entries: 15
Thanks: 602
Thanked 1,441 Times in 683 Posts
In Agreement: 281
In Agreement With 249 Times in 184 Posts
Credits: 479,771
Default Re: property prices in namibia

One way of doing it is to take the municipal valuation and add 50% .... and wait until the property agent blinks and if the valuation has been done fairly recently. The valuation is usually somewhere on the bill. You can also work it backwards from the amount of rates and taxes you pay.

Another is to look at what the bank has valued the property at for replacement purposes. The latter is a fair indication of the current price because the banks (rapacious as they are) will not undervalue the property (they still own until you have paid it off in full)!
Reply With Quote
The Following 2 Users Say Thank You to Oneword For This Useful Post:
juikk (22nd February 2008), Shebeen (16th February 2008)
Reply

Bookmarks

Tags
None

Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
WORLD CUP 2010: Ticket prices for 2010 approved Shebeen World Cup 2010 1 26th November 2007 05:31 PM
SOUTHERN AFRICA: Struggling with soaring cereal prices Shebeen Food Security 0 15th October 2007 05:01 PM
SOUTHERN AFRICA: Limited supplies, biofuel demand push maize prices up Shebeen Food Security 0 14th September 2007 09:34 AM


All times are GMT +2. The time now is 03:59 PM.



Powered by vBulletin® Version 3.7.5
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.2.0
(c) TheShebeen 2008Ad Management by RedTyger


Inactive Reminders By Icora Web Design