I agree with all the above. But I’m still hardegat. I would want to negotiate separately for my solar system or it goes with. It is very portable and the potential buyer will have a setup ready to just plug in his own inverter and battery(ies). This is if a relocation is on the cards within the next 5 years or so.
Come retirement time I will probably be wiser and have sufficient funds for another system (I will definitely go blue again). If you’re not in a hurry, most of the time there’ll always be someone who has been looking for a place like yours their entire life and willing to pay your market related (perhaps even a tad more) price.
I think (hope) my house should appeal to some in terms of location, size, safety, entertainment areas and other, somewhat unique features etc.
My brother in law will soon learn a life lesson. Two years a ago he bought a sectional title unit in the Kempton Park area for about R850 000.00 fully furnished nogal). Did some renovations (ceiling in the garage, braai area and other small stuff) and added a similar as mine sized solar system.
They want to move to Pta within in the next few months and he reckons he can easily get R2mil for his place now. Yeah, maybe, NO, not gonna happen. But not my place to tell him this as he is one of those who gets easily offended.
They’re getting a property agent this week to test the water and he’s going to be in for a big surprise. I reckon he could look at R1,2mil max which will include he solar system.
If I’m wrong, I will come eat my hat here I promise. I’ve seen this too many times in the past and I have seen what the property market does in these turbulent times.
Another example, but this has a lot to do with location. A good friend lives in Pta West (which is a known low income area). House size twice that of mine with a very modern granny flat with own entrance. A few years ago he took a large personal loan and renovated his kitchen and the rooms (still not paid the loan back) which are also very modern now, save for one bathroom which must still be done.
In his mind, the property is worth R2,5mil. Its been in the market for more than a year now and they have had to drop their price to R1,6mil and still cannot get it sold. In this case, the improvements did nothing to up their value. It just brought the house to the condition one would expect it to be for a house of that size.
We have been telling them for years, cut your losses and start over and by that time they could’ve gotten close to R1,8 (before the renovations). Then junk status happened, Covid and all other nasties and now they’re stuck.
The last kid will finish matric this year and the house will be paid off end 2025. Now it makes little sense to move (they also wanted to move to the East as they both work here, kids in school and varsity here resulting in a fuel bill equivalent to small bond repayment.
But people don’t like to be told these things. Pride is a very real thing.