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Land Valuation
tinker
#1 Posted : Monday, January 19, 2015 10:52:45 AM
Rank: Member


Joined: 11/15/2010
Posts: 454
Location: Nairobi
Hi All, I would be glad to have info and possibly valuations/estimates for a quarter acre plot in Kiserian areas - Near GreeGos/VCT area and an Eighth acre plot in Kinoo Area near 87, 3rd row from Main road. I have both offers and I need valuation cost and viability to help in deciding on the best offer. Once acquired, am planning to build rentals for lower-mid income population.
....He who began a good work in you will carry it on to completion..
Ceinz
#2 Posted : Monday, January 19, 2015 11:18:04 AM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Go to google and type valuers in kenya / nairobi click enter, choose any of the search results.
“small step for man”
lochaz-index
#3 Posted : Monday, January 19, 2015 11:48:59 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
@ tinker shoot me an email via chaturb at yahoo dot com
The main purpose of the stock market is to make fools of as many people as possible.
oltome
#4 Posted : Monday, January 19, 2015 12:02:57 PM
Rank: Member


Joined: 8/27/2012
Posts: 136
tinker wrote:
Hi All, I would be glad to have info and possibly valuations/estimates for a quarter acre plot in Kiserian areas - Near GreeGos/VCT area and an Eighth acre plot in Kinoo Area near 87, 3rd row from Main road. I have both offers and I need valuation cost and viability to help in deciding on the best offer. Once acquired, am planning to build rentals for lower-mid income population.

Where in Greengos? is it next to Shompole, if so ta quarter that area reatails for 3-4 million
tinker
#5 Posted : Monday, January 19, 2015 12:33:15 PM
Rank: Member


Joined: 11/15/2010
Posts: 454
Location: Nairobi
oltome wrote:
tinker wrote:
Hi All, I would be glad to have info and possibly valuations/estimates for a quarter acre plot in Kiserian areas - Near GreeGos/VCT area and an Eighth acre plot in Kinoo Area near 87, 3rd row from Main road. I have both offers and I need valuation cost and viability to help in deciding on the best offer. Once acquired, am planning to build rentals for lower-mid income population.

Where in Greengos? is it next to Shompole, if so ta quarter that area reatails for 3-4 million


@Oltome; Thanks, I got several offers along Kiserian-Isinya road - few 100s Meters from Greegos- around VCT/Jerusalem area. The population in Kiserian town moved me - (Its akin of that in Kangemi or KWG) So am thinking my target market won't mind a 1.8Km distance from the center(Soko).
....He who began a good work in you will carry it on to completion..
UpcomingPaperChaser
#6 Posted : Wednesday, January 21, 2015 7:32:36 PM
Rank: Member


Joined: 1/20/2015
Posts: 489
Location: Nairobi
@Tinker,
Determining the actual value will involve an actual visit to the ground because you could be offered a plot that has sewer lines traversing its length. Saying the plot is on the third row doesn't therefore certainly give an indicative value. Value will also be determined by Highest and Best Use that the said plots can be put into, for instance, a plot located in the middle of the jungle can better be put to use as a ranch as opposed to erection of flats since there will be no demand.

If you have the copy of the Titles of the two plots, i could carry out a valuation and authentication for u at a cost of 30k for the two. That's bearing in mind that i will have charged you the minimal fee accepted by CAP 532 of Valuer's Act.

Get in touch at mdswissholdings@gmail.com
Enjoy every moment of your life, you never know when your time will come.
tinker
#7 Posted : Thursday, January 22, 2015 4:59:50 PM
Rank: Member


Joined: 11/15/2010
Posts: 454
Location: Nairobi
UpcomingPaperChaser wrote:
@Tinker,
Determining the actual value will involve an actual visit to the ground because you could be offered a plot that has sewer lines traversing its length. Saying the plot is on the third row doesn't therefore certainly give an indicative value. Value will also be determined by Highest and Best Use that the said plots can be put into, for instance, a plot located in the middle of the jungle can better be put to use as a ranch as opposed to erection of flats since there will be no demand.

If you have the copy of the Titles of the two plots, i could carry out a valuation and authentication for u at a cost of 30k for the two. That's bearing in mind that i will have charged you the minimal fee accepted by CAP 532 of Valuer's Act.

Get in touch at mdswissholdings@gmail.com

@..Chaser.
I will let you know.
....He who began a good work in you will carry it on to completion..
tinker
#8 Posted : Thursday, January 22, 2015 5:22:14 PM
Rank: Member


Joined: 11/15/2010
Posts: 454
Location: Nairobi
Am looking at my crystal ball for best bet between Kinoo area and Kiserian. comparing the following;
Fast growth of the area,
Evident business activities in the area.
Room for future growth of Nairobi - will it be southward or will it be northward.
proximity to other well established centers.
All the above are pointing to Kise as the best bet, the only thing that i didn't like about Kise is cotton soil which gobbles a lot during building foundation.
Help a wazuan to make an informed decision by adding/pointing out issues a developer needs to consider before committing resources.
....He who began a good work in you will carry it on to completion..
Bachuma Gate
#9 Posted : Monday, January 26, 2015 6:21:48 AM
Rank: Member


Joined: 3/26/2012
Posts: 280
For rentals, Kinoo will definately fetch you better rates. Its closer to Westlands; Waiyaki Way;CBD. So your rentals will be in demand. Be prepare to pay a far much higher price though.
DOH
Bachuma Gate
#10 Posted : Monday, January 26, 2015 6:31:26 AM
Rank: Member


Joined: 3/26/2012
Posts: 280
Another approach is to roam around the two areas and check prices of similar plots being sold. Check the classified too. I normally donot involve valuers unless its a bank loan or for insurance. You know if the seller wants 3m you cant force him to sell at 2m because "my" valuer said so.
DOH
Bachuma Gate
#11 Posted : Monday, January 26, 2015 6:40:08 AM
Rank: Member


Joined: 3/26/2012
Posts: 280
Another approach is to roam around the two areas and check prices of similar plots being sold. Check the classified too. I normally donot involve valuers unless its a bank loan or for insurance. You know if the seller wants 3m you cant force him to sell at 2m because "my" valuer said so.
DOH
Lolest!
#12 Posted : Monday, January 26, 2015 11:14:39 AM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Bachuma Gate wrote:
Another approach is to roam around the two areas and check prices of similar plots being sold. Check the classified too. I normally donot involve valuers unless its a bank loan or for insurance. You know if the seller wants 3m you cant force him to sell at 2m because "my" valuer said so.

True. Even the valuer will ask around. It is hard for 2 valuers to arrive at the same value. It's not an exact science. Remember Grand Regency?
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