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The truth about 1/8 plots
Rank: Veteran Joined: 11/13/2015 Posts: 1,658
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NewMoney wrote:MugundaMan wrote:madhaquer wrote:At the end of the day, buying a piece of land and building your own house beats the option of going to the market to buy a ready made house.
Specifically on cost and the choice to design/customize the house to your requirements. This is a no-brainer to the wise, papa. Only stubborn, delusional or naive pipo cannot see the sublime wisdom of this. Building a house at cost rather than paying market rates. This is why DC is the future because it is ground zero of this beautiful activity as HassConsult reports have shown. I would never undertake a project to build my own home for the same reason I would never want to build my own furniture, car, e.t.c. I can most definitely do it but at what cost?? The cost will be burnout, time wasted, and a substandard final product. It is much more profitable to get ready-made cars and stuff while I continue making more dollars at what I do best. I would `Build my own house` only if I don't have other serious things to do and are okay with the substandard quality I will get. Otherwise, there is a reason people need to go to school and get licensed to do these things. And that easily explains why the majority of DC and ushago "maisonettes" and "bungalows" are of poor quality and lacking proper amenities, even though the owners are so blinded by confirmation bias, they could never see it even under the bright light of noon sun. Price is a very relative thing, and money is an illusion. As long as you pay what feels like less than the value you will derive from the house, you are good. At the end of the day, the most valuable thing in this life is TIME, time is measured and limited, everything else is not Don't forget that most houses for sale are also very poorly done, so you will want to get one done by real professionals not wannabes  Time is valuable. You only have between age of 30-50 to get your real estate going. Wasting that period building mansions in the wilderness with no proper amenities waiting for Nairobi to come near is a sheer waste of time and effort. Just rent and invest the savings in a decent retirement.
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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NewMoney wrote:MugundaMan wrote:madhaquer wrote:At the end of the day, buying a piece of land and building your own house beats the option of going to the market to buy a ready made house.
Specifically on cost and the choice to design/customize the house to your requirements. This is a no-brainer to the wise, papa. Only stubborn, delusional or naive pipo cannot see the sublime wisdom of this. Building a house at cost rather than paying market rates. This is why DC is the future because it is ground zero of this beautiful activity as HassConsult reports have shown. I would never undertake a project to build my own home for the same reason I would never want to build my own furniture, car, e.t.c. I can most definitely do it but at what cost?? The cost will be burnout, time wasted, and a substandard final product. It is much more profitable to get ready-made cars and stuff while I continue making more dollars at what I do best. I would `Build my own house` only if I don't have other serious things to do and are okay with the substandard quality I will get. Otherwise, there is a reason people need to go to school and get licensed to do these things. And that easily explains why the majority of DC and ushago "maisonettes" and "bungalows" are of poor quality and lacking proper amenities, even though the owners are so blinded by confirmation bias, they could never see it even under the bright light of noon sun. Price is a very relative thing, and money is an illusion. As long as you pay what feels like less than the value you will derive from the house, you are good. At the end of the day, the most valuable thing in this life is TIME, time is measured and limited, everything else is not Don't forget that most houses for sale are also very poorly done, so you will want to get one done by real professionals not wannabes Most of the things you've written are right, but a few are waaaaay off. Most of this professionals and experts will just rip you off and deliver a sub-standard product to you. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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dunkang wrote:NewMoney wrote:MugundaMan wrote:madhaquer wrote:
At the end of the day, buying a piece of land and building your own house beats the option of going to the market to buy a ready made house.
Specifically on cost and the choice to design/customize the house to your requirements.
This is a no-brainer to the wise, papa. Only stubborn, delusional or naive pipo cannot see the sublime wisdom of this. Building a house at cost rather than paying market rates. This is why DC is the future because it is ground zero of this beautiful activity as HassConsult reports have shown. I would never undertake a project to build my own home for the same reason I would never want to build my own furniture, car, e.t.c. I can most definitely do it but at what cost?? The cost will be burnout, time wasted, and a substandard final product. It is much more profitable to get ready-made cars and stuff while I continue making more dollars at what I do best. I would `Build my own house` only if I don't have other serious things to do and are okay with the substandard quality I will get. Otherwise, there is a reason people need to go to school and get licensed to do these things. And that easily explains why the majority of DC and ushago "maisonettes" and "bungalows" are of poor quality and lacking proper amenities, even though the owners are so blinded by confirmation bias, they could never see it even under the bright light of noon sun. Price is a very relative thing, and money is an illusion. As long as you pay what feels like less than the value you will derive from the house, you are good. At the end of the day, the most valuable thing in this life is TIME, time is measured and limited, everything else is not Don't forget that most houses for sale are also very poorly done, so you will want to get one done by real professionals not wannabes Most of the things you've written are right, but a few are waaaaay off. Most of this professionals and experts will just rip you off and deliver a sub-standard product to you. Sub-standard? never!! rip-off? that is relative, cheap is expensive.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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wukan wrote: Time is valuable. You only have between age of 30-50 to get your real estate going. Wasting that period building mansions in the wilderness with no proper amenities waiting for Nairobi to come near is a sheer waste of time and effort. Just rent and invest the savings in a decent retirement. Wukan, Kumbe all this time with your long stories about the RE sector you are busy planning to rent for the rest of your life?  . What happened to the Kirinyaga Rd and Ngara bedsitters plan? So it seems I was not far off the mark when I guessed you were a report writer for Cytonn . Maanchap! I will repeat it for the umpteenth time: a huge chunk of Nairobi is already in Dustbowl, so there is no waiting involved hapo. You cheered on the news about a water and sewer system on the way for DC on another thread, so there goes your "no proper amenities argument" DC is surprising even me kila siku with how fast it is poshing up. And finally sorry to send you the memo but no matter how much you and others hapa HATE the developments that are going on in DC, YOU CAN'T STOP THEM. So whining hapa Wazoo or elsewhere fuaaaaaaaa will not solve anything except soothe your own flagging ego. You know sometimes I get tired talking about simple economics like supply and demand in DC because only someone who doesn't understand what these terms mean will find it hard to believe that in towns like Rongai, Kitengela and Ngong, populations may be doubling every 5-10 years, making them Kenya's fastest growing towns with self-evident implications about the RE sectors there. This is a bitter pill to swallow for many, so unless one repeals the laws of economics overnight for DC, a long term superboom in the RE sector there is inevitable and arguing against it is like chokozaring a tiger in the anus with a stick and believing it will not maul you in response..yaani being extremely delusional. Ni hayo maoni yangu tu.
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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wukan wrote:NewMoney wrote:MugundaMan wrote:madhaquer wrote:At the end of the day, buying a piece of land and building your own house beats the option of going to the market to buy a ready made house.
Specifically on cost and the choice to design/customize the house to your requirements. This is a no-brainer to the wise, papa. Only stubborn, delusional or naive pipo cannot see the sublime wisdom of this. Building a house at cost rather than paying market rates. This is why DC is the future because it is ground zero of this beautiful activity as HassConsult reports have shown. I would never undertake a project to build my own home for the same reason I would never want to build my own furniture, car, e.t.c. I can most definitely do it but at what cost?? The cost will be burnout, time wasted, and a substandard final product. It is much more profitable to get ready-made cars and stuff while I continue making more dollars at what I do best. I would `Build my own house` only if I don't have other serious things to do and are okay with the substandard quality I will get. Otherwise, there is a reason people need to go to school and get licensed to do these things. And that easily explains why the majority of DC and ushago "maisonettes" and "bungalows" are of poor quality and lacking proper amenities, even though the owners are so blinded by confirmation bias, they could never see it even under the bright light of noon sun. Price is a very relative thing, and money is an illusion. As long as you pay what feels like less than the value you will derive from the house, you are good. At the end of the day, the most valuable thing in this life is TIME, time is measured and limited, everything else is not Don't forget that most houses for sale are also very poorly done, so you will want to get one done by real professionals not wannabes Time is valuable. You only have between age of 30-50 to get your real estate going. Wasting that period building mansions in the wilderness with no proper amenities waiting for Nairobi to come near is a sheer waste of time and effort. Just rent and invest the savings in a decent retirement. Wisdom right there. I've seen folk who thought themselves wise, rear at the shock of costly construction mistakes and the jungle that is construction. Fundis will eat you alive, if suppliers don't finish you first
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Rank: Veteran Joined: 4/1/2009 Posts: 1,885
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Rank: Member Joined: 11/10/2010 Posts: 281 Location: Nairobi
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NewMoney wrote:MugundaMan wrote:madhaquer wrote:At the end of the day, buying a piece of land and building your own house beats the option of going to the market to buy a ready made house.
Specifically on cost and the choice to design/customize the house to your requirements. This is a no-brainer to the wise, papa. Only stubborn, delusional or naive pipo cannot see the sublime wisdom of this. Building a house at cost rather than paying market rates. This is why DC is the future because it is ground zero of this beautiful activity as HassConsult reports have shown. I would never undertake a project to build my own home for the same reason I would never want to build my own furniture, car, e.t.c. I can most definitely do it but at what cost?? The cost will be burnout, time wasted, and a substandard final product. It is much more profitable to get ready-made cars and stuff while I continue making more dollars at what I do best. I would `Build my own house` only if I don't have other serious things to do and are okay with the substandard quality I will get. Otherwise, there is a reason people need to go to school and get licensed to do these things. And that easily explains why the majority of DC and ushago "maisonettes" and "bungalows" are of poor quality and lacking proper amenities, even though the owners are so blinded by confirmation bias, they could never see it even under the bright light of noon sun. Price is a very relative thing, and money is an illusion. As long as you pay what feels like less than the value you will derive from the house, you are good. At the end of the day, the most valuable thing in this life is TIME, time is measured and limited, everything else is not Don't forget that most houses for sale are also very poorly done, so you will want to get one done by real professionals not wannabes Obviously you do not become the mason or the architect. You manage the project for yourself, but you consult experts and approve the design and changes for yourself. At the end of the activity, your time is well spent since what you get is your own choice at a much lower cost than walking into a realtors office to buy a house design and built by who knows. Not to mention the amount of learning you come out with after the journey. Right now I am not sure how value is being calculated for the houses at the market so I do not know if you have an example of a house that feels like less than the value at current market rates.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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madhaquer wrote:NewMoney wrote:MugundaMan wrote:madhaquer wrote:At the end of the day, buying a piece of land and building your own house beats the option of going to the market to buy a ready made house.
Specifically on cost and the choice to design/customize the house to your requirements. This is a no-brainer to the wise, papa. Only stubborn, delusional or naive pipo cannot see the sublime wisdom of this. Building a house at cost rather than paying market rates. This is why DC is the future because it is ground zero of this beautiful activity as HassConsult reports have shown. I would never undertake a project to build my own home for the same reason I would never want to build my own furniture, car, e.t.c. I can most definitely do it but at what cost?? The cost will be burnout, time wasted, and a substandard final product. It is much more profitable to get ready-made cars and stuff while I continue making more dollars at what I do best. I would `Build my own house` only if I don't have other serious things to do and are okay with the substandard quality I will get. Otherwise, there is a reason people need to go to school and get licensed to do these things. And that easily explains why the majority of DC and ushago "maisonettes" and "bungalows" are of poor quality and lacking proper amenities, even though the owners are so blinded by confirmation bias, they could never see it even under the bright light of noon sun. Price is a very relative thing, and money is an illusion. As long as you pay what feels like less than the value you will derive from the house, you are good. At the end of the day, the most valuable thing in this life is TIME, time is measured and limited, everything else is not Don't forget that most houses for sale are also very poorly done, so you will want to get one done by real professionals not wannabes Obviously you do not become the mason or the architect. You manage the project for yourself, but you consult experts and approve the design and changes for yourself. At the end of the activity, your time is well spent since what you get is your own choice at a much lower cost than walking into a realtors office to buy a house design and built by who knows. Not to mention the amount of learning you come out with after the journey. Right now I am not sure how value is being calculated for the houses at the market so I do not know if you have an example of a house that feels like less than the value at current market rates. There is always an opportunity cost. The consultation, management, approvals and actual construction take time. Buying an existing house is as simple as checking listings, exchanging money and title and moving in. You can also buy an existing house and modify to suit your taste. Life is short. Live passionately.
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