Highlands North Renovations Add Value to Existing Stock

“The current crop of renovations is mainly being undertaken by a new breed of renovator; they are well-financed, fast-moving young builders who buy cheap, dilapidated old homes and spare no cost in bringing them onto the market with the latest trends and finishes,” he said. “This has resulted in notable growth at the top end of the market where you can buy a spacious, fully renovated modern family home with four to five bedrooms and three reception rooms for between R3m and R3,7m.”

Despite the recent surge in development, this has mostly been confined to renovation and there are very few sectional title properties in the area. Very few properties in Highlands North are demolished, as people prefer to buy and renovate to suit their requirements, said Hoff.

http://hometimes.co.za/2016/05/highlands-north-renovations-add-value-to-existing-stock/

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