DURBAN - When it comes to new housing developments, “plot-and-plan” options are the top choice for many buyers, because they usually offer the freedom to customise the finishes of the home, and even the layout to some degree.
However, once you have identified the area you want to live in and a development that looks promising, you will need to decide which plot or stand you would like. And that can be tricky, says Gerhard Kotzé, MD of the RealNet estate agency group, because it is very difficult to envisage traffic flows, views, communal facilities, security provisions and proximity to your neighbours until the homes in the development are actually built.
Consequently, he says, buyers should apply the following guidelines to ensure they get the best value for their money:
1. Find out if the site of the development was previously used for anything else or has geological limitations. If there’s any chance the ground may have been poisoned or will create extra-difficult building conditions (like clay or dolomite) your best bet is actually to seek out another development.
2. Try to establish what other developments, if any, are planned for the area, and imagine what effect these are likely to have. If your plot is close to the perimeter of your complex, for example, a multi-storey parking garage next door might block a view, cut out the sun for much of the day, or severely diminish privacy.