Welcome to Lake Properties PROPERTY CAPE TOWN Lake Properties is a young and dynamic real estate ag

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Cape Town, Western Cape, South Africa
Lake Properties, Cape Town is a young and dynamic real estate agency located in Wynberg, Cape Town. We offer efficient and reliable service in the buying and selling of residential and commercial properties and vacant land in the Southern Suburbs including Bergvliet,Athlone,Claremont,Constantia,Diepriver,Heathfield,Kenilworth,Kenwyn,Kreupelbosch, Meadowridge,Mowbray,Newlands,Obervatory,Pinelands,Plumstead,Rondebosch, Rosebank, Tokia,Rondebosch East, Penlyn Estate, Lansdowne, Wynberg, Grassy Park, Steenberg, Retreat and surrounding areas . We also manage rental properties and secure suitably qualified tenants for property owners. Another growing extension to our portfolio of services is to find qualified buyers for business owners who want to sell businesses especially cafes, supermarkets and service stations. At Lake Properties we value our relationships with clients and aim to provide excellent service with integrity and professionalism, always acting in the best interest of both buyer and seller. Our rates are competitive without compromising quality and service. For our clients we do valuations at no charge

Wednesday, 31 December 2025

Thank You from Lake Properties, Cape Town

Lake Properties                     Lake Properties

Thank you to everyone who made 2025 such a successful year. 

I look forward to working with you in the 2026

Russell 
Lake Properties 
www.lakeproperties.co.za 
info@lakeproperties.co.za 
083 624 7129

Lake Properties                       Lake Properties

Tuesday, 30 December 2025

Cape Town Housing Trends for 2026: What Buyers, Sellers, and Investors Need to Know




Lake Properties                    Lake Properties

Lake Properties                     Lake Properties

Cape Town’s property market has never followed the national script—and 2026 will be no different. While other metros fluctuate with economic cycles, Cape Town continues to show resilience driven by lifestyle demand, limited land, and ongoing semigration. Whether you are buying, selling, or investing, understanding the housing trends shaping Cape Town in 2026 is essential for making informed decisions.

Continued Property Price Growth, but at a Slower Pace

House prices in Cape Town are expected to keep rising into 2026, although the pace of growth will be more measured than in recent years. Instead of sharp spikes, the market is shifting toward sustainable, steady appreciation. Well-located homes in the Southern Suburbs, City Bowl, Atlantic Seaboard, and popular Northern Suburbs will continue outperforming the national average.

For sellers, this means pricing realistically is critical. Overpricing will stall a listing, while correctly priced homes still attract strong buyer competition.

SEO keywords: Cape Town property prices 2026, houses for sale in Cape Town, Cape Town real estate market

Ongoing Housing Shortage Driving Demand

One of the biggest forces shaping the Cape Town housing market is supply—or the lack of it. There are simply not enough houses being built in high-demand areas. Limited land availability, slow municipal approvals, and infrastructure constraints mean stock levels remain tight.

This shortage keeps upward pressure on prices and creates a seller-friendly environment, particularly for free-standing houses and sectional title units in secure, well-managed complexes.

SEO keywords: Cape Town housing shortage, property demand Cape Town, real estate trends Cape Town

Strong Rental Market and Rising Yields

The rental market in Cape Town is expected to remain extremely competitive in 2026. Low vacancy rates, semigration, and affordability challenges for buyers are pushing more people into renting. This translates into rising rental prices and improved yields for landlords, especially in areas close to schools, transport routes, and employment hubs.

Buy-to-let properties, particularly apartments and townhouses, remain attractive for investors looking for consistent income.

SEO keywords: Cape Town rental market, property investment Cape Town, buy-to-let Cape Town

Lifestyle-Driven Buying Remains a Key Trend

Lifestyle continues to drive buying decisions. Buyers are prioritising properties that offer:

  • Space for working from home

  • Energy-efficient features like solar power

  • Secure living environments

  • Proximity to good schools, beaches, and amenities

Homes that tick these boxes sell faster and often achieve better prices. Older properties without modern upgrades are still sellable, but pricing expectations must reflect renovation costs.

SEO keywords: lifestyle properties Cape Town, secure estates Cape Town, work from home homes Cape Town

Semigration and Semigration Spill-Over Areas

Semigration to Cape Town shows no signs of slowing. Buyers from Gauteng and other provinces are not only targeting premium suburbs but are increasingly looking at value-driven areas such as parts of the Northern Suburbs, Western Seaboard, and selected Southern Suburb pockets.

These spill-over areas are seeing renewed interest, price growth, and infrastructure improvements—making them worth watching in 2026.

SEO keywords: semigration Cape Town, affordable suburbs Cape Town, best areas to buy property Cape Town

What This Means for Buyers and Sellers in 2026

  • Buyers need to be decisive, financially prepared, and realistic about pricing. Waiting for major price drops is unlikely to pay off.

  • Sellers who price correctly and present their homes well can still achieve excellent results.

  • Investors benefit from strong rental demand, but should focus on location, tenant appeal, and long-term fundamentals.


Lake Properties Pro-Tip

In a competitive Cape Town market, strategy matters more than timing. Buyers who secure pre-approval and act quickly on well-priced properties gain an edge, while sellers who rely on accurate market valuations—not emotion—sell faster and for better prices.

 At Lake Properties, we specialise in suburb-specific insights that cut through market noise and help our clients make confident, profitable decisions

Call to Action

Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me

Russell 

Lake Properties

ww.lakeproperties.co.za  

info@lakeproperties.co.za 

083 624 7129 

Lake Properties                   Lake Properties


Monday, 29 December 2025

Areas to Be Careful of When Buying a House in Cape Town – And Why It Matters



Lake Properties                     Lake Properties

Lake Properties                    Lake Properties

Cape Town remains one of South Africa’s most desirable property markets, attracting homebuyers, investors, and semigrants year after year. However, not every area that looks affordable or well-located is a smart property purchase. Buying in the wrong area can expose you to crime, slow resale, low capital growth, and rising long-term costs.

If you’re planning to buy a house in Cape Town, understanding which areas require caution — and why — is critical.


1. High-Crime Areas on the Cape Flats

Certain areas on the Cape Flats require extreme caution when buying property, particularly for buyers unfamiliar with local dynamics.

These include:

  • Nyanga

  • Manenberg

  • Hanover Park

  • Delft

  • Philippi

  • Parts of Khayelitsha and Mitchells Plain

Why buyers should be careful:

  • High levels of violent and gang-related crime

  • Lower buyer demand outside the immediate community

  • Difficulty reselling unless priced well below market value

  • Higher insurance premiums and limited cover options

  • Reduced appetite from banks for home loan approval in some pockets

While there may be exceptions on a street-by-street basis, these areas generally offer weak long-term property growth and poor liquidity.


2. Transitional or Mixed-Use Suburbs

Some suburbs in Cape Town sit in a transitional phase — neither fully upgraded nor entirely run-down. These areas can perform very differently from one street to the next.

Examples include:

  • Maitland

  • Salt River

  • Elsies River

  • Parow Valley

  • Parts of Kraaifontein

  • Blue Downs

Why caution is needed:

  • Crime levels vary block by block

  • Industrial zones impact noise, traffic, and lifestyle

  • Capital growth is inconsistent

  • Poor street choice can significantly reduce resale value

In these suburbs, local knowledge is essential. Buying on the wrong street can turn a good-looking deal into a long-term liability.


3. Areas Close to Informal Settlements

Properties located near informal settlements often struggle to achieve strong appreciation, even when the homes themselves are well maintained.

Key concerns:

  • Pressure on municipal infrastructure and services

  • Slower property price growth

  • Higher security concerns

  • Limited appeal to future buyers

Proximity matters. Two homes a few streets apart can perform very differently purely due to surrounding development.


4. Inner-City and CBD Pockets

The Cape Town CBD, Woodstock, and parts of Salt River remain popular for investment, but not all buildings are equal.

Risks include:

  • Increased petty crime after hours

  • Poorly managed body corporates

  • Older buildings with rising maintenance costs

  • High tenant turnover in poorly secured blocks

Inner-city buying only makes sense when security, access control, and building management are strong.


5. Coastal “Bargain” Properties

Seaside homes are highly desirable, but buyers should be cautious of older or low-lying coastal properties.

Common issues:

  • Salt corrosion increasing maintenance costs

  • Damp and flooding risks

  • Higher insurance premiums or exclusions

  • Structural wear often underestimated by buyers

A coastal location does not guarantee good value if upkeep costs continue to rise year after year.


Why Area Choice Is More Important Than the House

One of the biggest mistakes buyers make is focusing on the property itself while ignoring the neighbourhood. In Cape Town, location quality directly affects safety, resale value, rental demand, and capital growth.

You can renovate a house.
You cannot renovate an area.


Lake Properties Pro Tip

If a property seems cheap compared to surrounding suburbs, ask why. In Cape Town, affordability is often linked to crime risk, resale difficulty, or weak long-term growth. Always evaluate your exit strategy first — the best property is one that others will still want to buy from you in the future.

Call to Action

Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me

Russell 

Lake Properties

ww.lakeproperties.co.za  

info@lakeproperties.co.za 

083 624 7129 

Lake Properties                      Lake Properties

Sunday, 28 December 2025

Bank Repossessed Houses for Sale in St James, Cape Town: What Buyers Need to Know

Lake Properties                   Lake Properties

Lake Properties                       Lake Properties

Searching for bank repossessed houses for sale in St James, Cape Town is a common strategy among buyers hoping to secure a bargain in a prime coastal suburb. The idea is appealing: buy below market value in one of the most desirable seaside areas on the False Bay coastline. The reality, however, is more nuanced.

Are There Bank Repossessed Houses in St James?

In short, bank repossessed properties in St James are extremely rare.

St James is a small, high-value coastal suburb known for its historic homes, tidal pool, and proximity to Kalk Bay and Muizenberg. Properties here typically sell in the upper price brackets, and when owners face financial pressure, homes are usually sold privately long before a bank steps in.

Banks prefer this outcome too. In high-demand areas like St James, a traditional sale almost always recovers the outstanding bond faster and with fewer legal costs than a repossession.

Why You Don’t See Many Repossessed Properties in St James

There are several reasons repossessed homes seldom reach the open market in this suburb:

  • Strong buyer demand means properties sell quickly

  • High market values reduce the risk of negative equity

  • Banks intervene early, encouraging voluntary sales

  • Auction stock is redirected to areas with higher default rates

As a result, most bank repossessed houses in Cape Town are found in more affordable suburbs, not premium coastal nodes like St James.

Where Bank Repossessed Properties Are Usually Found

Buyers looking for repossessed homes will have better success in:

  • Outer Southern Suburbs

  • Northern Suburbs

  • Cape Flats areas

  • Certain sectional title developments

These areas see a higher volume of distressed sales, and banks often release stock through sheriff auctions, online property auctions, or repossessed property portals.

What You’ll Find in St James Instead

While repossessed homes are scarce, St James consistently offers:

  • Well-maintained period homes

  • Renovated coastal properties

  • Investment homes with strong rental demand

  • Long-term capital growth potential

Prices are typically market-related, reflecting the suburb’s lifestyle appeal, sea views, and limited supply.

Important Considerations When Buying Repossessed Property

If you do pursue bank repossessed properties elsewhere in Cape Town, keep in mind:

  • Properties are usually sold voetstoots (as-is)

  • Outstanding rates, levies, or compliance issues may apply

  • Renovation costs can erode “discounted” pricing

  • Legal due diligence is critical before making an offer

A low purchase price does not automatically mean good value.


Lake Properties Pro-Tip

In premium suburbs like St James, chasing repossessed properties is often a dead end. Buyers are usually better off negotiating smartly on well-priced private listings, where clean titles, approved plans, and faster transfers reduce risk. At Lake Properties, we focus on identifying real value opportunities — not just cheap properties — in high-demand Cape Town suburbs where long-term growth actually holds.

Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me

Russell 

Lake Properties

ww.lakeproperties.co.za  

Lake Properties                      Lake Properties

Saturday, 27 December 2025

Is It Safe to Buy a Damaged House Directly from an Owner in Cape Town


Lake Properties                Lake Properties  

Lake Properties                  Lake Properties

Buying a damaged house in Cape Town can look like a bargain on paper—especially when the seller is dealing directly and there’s no estate agent involved. Lower asking price, no commission, quicker deal. That’s the appeal.

The reality is less glamorous.

While it can be done safely, buying a damaged property directly from an owner without professional guidance exposes you to serious financial, legal, and structural risks. For most buyers, it’s not just risky—it’s a costly mistake waiting to happen.

Understanding What “Damaged” Really Means

A damaged house doesn’t always mean peeling paint or a cracked tile. In Cape Town, damage often includes:

  • Structural movement or foundation cracks

  • Roof leaks or timber rot

  • Damp and rising moisture

  • Outdated or unsafe electrical and plumbing systems

  • Unapproved alterations or additions

Many of these issues are not visible during a casual walk-through. Once transfer is complete, those problems become yours—legally and financially.

The Valuation Trap

Without an estate agent or professional valuer:

  • You have no reliable benchmark for market value

  • Repair costs are often underestimated

  • Sellers may price emotionally, not realistically

Buyers frequently discover they paid “below market value” only to spend more than expected on repairs—wiping out any perceived savings.

Legal and Compliance Risks in Cape Town

Private sales often fall apart or become expensive because buyers overlook:

  • Missing or unapproved municipal building plans

  • Outstanding rates and taxes

  • Zoning or land-use restrictions

  • Required compliance certificates (electrical, plumbing, gas, beetle)

An estate agent usually manages these issues upfront. Without one, you are responsible for discovering them before it’s too late.

Structural Problems Are the Biggest Threat

Structural defects are common in older Cape Town homes and coastal properties. Cracks, subsidence, or roof failure can cost hundreds of thousands of rands to repair—and some banks won’t finance such properties at all.

Without a structural engineer’s report, you are guessing. Guessing is not a strategy.

Financing and Insurance Complications

Most banks:

  • Refuse bonds on severely damaged homes

  • Require repairs before registration

Insurance companies may:

  • Exclude existing defects

  • Charge higher premiums

  • Decline cover entirely until repairs are completed

This leaves buyers forced into cash purchases or stuck with an uninsurable asset.

Negotiation Without Expertise

When you negotiate directly with an owner:

  • You lack comparable sales data

  • You don’t know true buyer demand in the area

  • You have no professional buffer between emotion and facts

Estate agents exist to remove emotion from pricing. Without that, buyers often overpay—or fail to negotiate essential protections into the offer to purchase.

When Buying Direct Might Make Sense

Only under strict conditions:

  • You are a cash buyer

  • You commission independent inspections (structural engineer, valuer, builder)

  • You use a qualified conveyancing attorney

  • You understand the post-renovation resale value

  • You are prepared to walk away

Even experienced investors do not skip professionals—they simply use them selectively.

The Bottom Line

Buying a damaged house directly from an owner in Cape Town without professional assistance is high risk. Any savings made on commission can be wiped out by hidden defects, legal complications, or repair overruns.

For most buyers, professional guidance is not a luxury—it’s protection.


Lake Properties Pro-Tip

A “cheap” damaged property is only a good deal if the numbers work after repairs, compliance, and resale value. At Lake Properties, we help buyers assess true market value, uncover hidden risks, and negotiate from a position of knowledge—before you sign anything that could cost you years of regret

Call to Action

Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me

Russell 

Lake Properties

ww.lakeproperties.co.za  

info@lakeproperties.co.za 

083 624 7129 

Lake Properties                   Lake Properties

Thursday, 25 December 2025

MERŔY CHRISTMAS

     
 
May the spirit of Christmas fill your heart with gratitude, kindness, and hope.
Russell 
Lake Properties 

Wednesday, 24 December 2025

Be Clear on What’s Included in the Sale When Buying or Selling a House in Cape Town



Lake Properties            Lake Properties

Lake Properties           Lake Properties  

Be Clear on What’s Included in the Sale When Buying a House in Cape Town

When buying a house in Cape Town, it’s easy to get caught up in the excitement of finding the right area, negotiating the price, and picturing yourself living in the home. What many buyers only realise too late is that not everything you see during a viewing automatically forms part of the sale. Failing to clarify this upfront can lead to frustration, unexpected costs, and even legal disputes.

Being clear on what’s included in the sale is not a small detail—it’s a critical part of buying property in Cape Town.

Why This Issue Comes Up So Often

During viewings, buyers naturally assume that items already installed in the home will remain. Sellers, on the other hand, may have every intention of taking certain items with them. Without a clear written agreement, both parties believe they are right.

In a competitive Cape Town property market, these misunderstandings often surface late in the process—sometimes just days before transfer—when emotions and financial pressure are already high.

Fixtures vs Fittings Explained Simply

South African property law distinguishes between fixtures and fittings, and this distinction matters.

  • Fixtures are permanently attached to the property and are generally included in the sale. These usually include built-in cupboards, kitchen units, bathroom fittings, and wall-mounted lighting.
  • Fittings are movable items and are typically excluded unless specifically stated. Examples include loose furniture, freestanding appliances, curtains, and outdoor décor.

The challenge is that many modern homes blur the line. Items such as air conditioners, solar systems, alarm equipment, fibre installations, and irrigation systems are not always clearly defined unless they are listed in writing.

Common Items Buyers Should Clarify

When buying a house in Cape Town, these items often cause confusion:

  • Built-in and freestanding kitchen appliances
  • Curtain rails, blinds, and shutters
  • Alarm systems, cameras, and electric fencing
  • Fibre, satellite dishes, and TV brackets
  • Solar panels, inverters, batteries, and generators
  • Boreholes, JoJo tanks, and irrigation systems
  • Garden sheds and Wendy houses

If an item adds value to the home, it should be discussed and documented.

The Offer to Purchase Is Not a Formality

The Offer to Purchase (OTP) is the legally binding document that determines what stays and what goes. Verbal assurances mean nothing once the OTP is signed. If an item is not listed as included, the seller is usually entitled to remove it.

Buyers should take time to read the OTP carefully and ensure all agreed inclusions and exclusions are clearly stated. Rushing this step can be expensive.

How Buyers Can Protect Themselves

  • Ask specific questions during the viewing
  • Request a written list of inclusions and exclusions
  • Avoid assumptions based on appearances
  • Review the Offer to Purchase line by line
  • Work with an experienced Cape Town property agent

With many Cape Town homes featuring high-value additions like solar power and advanced security systems, clarity is more important than ever.

A Small Detail That Can Cost You Big

Replacing items you assumed were included can add significant, unplanned costs after transfer. More importantly, disputes over inclusions can delay transfer or derail a deal entirely.

Clear communication upfront saves money, time, and stress—and keeps the transaction professional.


Lake Properties Pro-Tip

When buying a house in Cape Town, list every item you expect to stay in the Offer to Purchase—especially high-value features like solar systems, air conditioners, security equipment, and blinds. If it’s important to you, put it in writing. At Lake Properties, we insist on total clarity upfront to protect our clients and keep property transactions smooth and dispute-free.

Call to Action

Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me

Russell 

Lake Properties

ww.lakeproperties.co.za  

info@lakeproperties.co.za 

083 624 7129 

Lake Properties                      Lake Properties

Tuesday, 23 December 2025

Understanding Municipal Rates When Buying or Selling a House in Cape Town




Lake Properties                      Lake Properties

Lake Properties                     Lake Properties

Whether you are buying or selling a house in Cape Town, understanding municipal rates can save you money, delays, and unnecessary stress.

What Are Municipal Rates in Cape Town?

Municipal rates are a monthly property tax charged by the City of Cape Town. These rates fund essential services such as road maintenance, refuse removal, sewerage, parks, and community infrastructure.

Rates are not based on the selling price of the property. They are calculated using the City’s municipal valuation, which often differs significantly from market value.

This disconnect is where many buyers and sellers get caught out.

How Municipal Rates Are Calculated

Your municipal rates bill is determined by:

  • The municipal valuation of the property

  • The City of Cape Town rates tariff

  • The property type (freehold, sectional title, investment property, etc.)

  • Any applicable rebates or exemptions

Municipal valuations are reviewed periodically, and increases can be sharp. A property bought at a good price can still attract high monthly rates if the valuation is elevated.

What Buyers Must Check Before Making an Offer

If you are buying a house in Cape Town, municipal rates should form part of your affordability assessment.

Before signing an offer to purchase, buyers should:

  • Request the latest municipal rates statement

  • Confirm average water, sewerage, and refuse charges

  • Check whether a valuation objection has been lodged

  • Budget for future annual rate increases

Ignoring these costs can turn an affordable purchase into a monthly burden—especially for first-time buyers and investors.

What Sellers Often Overlook

When selling a property in Cape Town, municipal rates can directly affect how quickly the deal goes through.

Sellers must:

  • Ensure rates and services are fully up to date

  • Pay several months of charges in advance for the rates clearance certificate

  • Resolve billing disputes before transfer begins

Unpaid or disputed municipal accounts are one of the most common causes of transfer delays in Cape Town.

Rates Clearance Certificates Explained

A rates clearance certificate is issued by the City of Cape Town and confirms that:

  • All municipal charges are settled

  • No outstanding debt exists on the property

Without this certificate, transfer cannot proceed. There are no exceptions.

Why Municipal Rates Matter in Today’s Market

In a price-sensitive Cape Town property market:

  • Buyers scrutinise monthly running costs

  • High rates can reduce buyer demand

  • Investors factor rates directly into rental yield

  • Incorrect assumptions can derail negotiations late in the process

Municipal rates are not a technical detail—they are a real cost that influences value, affordability, and saleability.


Lake Properties Pro Tip

Before listing your property or making an offer, verify the municipal valuation and current rates account—don’t rely on estimates or outdated figures. At Lake Properties, we identify municipal rate issues early to avoid transfer delays, renegotiations, and deal-breaking surprises. Clean numbers close deals faster

Call to Action

Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me

Russell 

Lake Properties

ww.lakeproperties.co.za  

info@lakeproperties.co.za 

083 624 7129 

Lake Properties                   Lake Properties

If you have a house in Cape Town fully paid.Can you put it up as security for another property which I may intend buying





Lake Properties                   Lake Properties

Lake Properties                   Lake Properties

Yes — you can use a fully paid-off house in Cape Town as security (collateral) to buy another property. This is a common financing strategy in South Africa and is often used by investors or homeowners who want to expand their property portfolio.

Here’s how it works:


How Using Your Paid-Off Property as Security Works

1. You apply for a new bond

You tell the bank that instead of using the new property as the only security, you want to use your existing fully paid-off home as additional or primary security.

2. The bank values your paid-off property

  • They will send a valuer to determine its market value.
  • The bank then decides how much they are willing to lend based on that value (typically up to 70%–80%, depending on the bank and risk profile).

3. The bank registers a bond over your current house

Even though it’s fully paid off, the bank will register a bond on it for the amount they approve.

4. You use that bond to purchase the new property

The money released from the equity in your existing home becomes your financing for the new home.


🧮 Example

  • Your current home is worth R1,500,000.
  • No bond on it.
  • Bank allows you to borrow up to R1,000,000 against that property.
  • You use that R1,000,000 as a bond for the purchase of your next house.

Your existing home becomes the security for the loan.


⚠️ Important Things to Know

1. Your existing home will be at risk

If you cannot repay the bond on the new loan, the bank can claim the property used as security — even the one you already own outright.

2. Your affordability still matters

The bank will still check:

  • your income,
  • credit score,
  • expenses, and
  • debt-to-income ratio.

The security alone is not enough — you must qualify for the repayments.

3. You may choose to use both properties as security

Some banks offer cross-collateralisation — meaning both properties secure the entire loan structure.

4. This method can eliminate the need for a large cash deposit

Useful if you're buying an investment property or upgrading but don’t want to sell your existing home.


🏡 Lake Properties Pro-Tip

Using your paid-off property as security is a powerful wealth-building strategy, but don’t overextend yourself. Banks will often give you high access to equity — only take what you truly need. A good agent and a bond originator can help you structure the finance smartly so you grow your portfolio safely.

Call to Action

Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me

Russell 

Lake Properties

ww.lakeproperties.co.za  

info@lakeproperties.co.za 

083 624 7129 

Lake Properties                   Lake Properties


Sunday, 21 December 2025

Why Sellers Should Be Concerned When a House Sits Too Long on the Market in Cape Town




 
Lake Properties                     Lake Properties
Lake Properties                    Lake Properties
Why Sellers Should Be Concerned When a House Sits Too Long on the Market in Cape Town

When selling a house in Cape Town, time on market matters more than most sellers realise. A property that lingers for too long doesn’t just remain unsold — it quietly loses value, credibility, and buyer interest. In a competitive real estate market like Cape Town, overexposure can do real financial damage.

First Impressions Count — and They Happen Online

Most buyers start their property search online. When your house appears week after week on property portals, buyers notice. A listing that has been active for months sends a clear message: something is wrong.

Even if the home is in excellent condition, buyers often assume:
The property is overpriced
There are hidden defects or compliance issues
Previous deals have fallen through
Perception becomes reality, and once doubt sets in, it’s hard to reverse.

Long Time on Market Weakens Your Negotiating Position
New listings create urgency. Buyers feel pressure to view quickly and submit strong offers. When a house sits on the market too long, that urgency disappears. 

Buyers take their time, submit lower offers, or wait for a price reduction
In the Cape Town property market — especially in price-sensitive suburbs — momentum is critical. Once it’s lost, sellers usually pay for it during negotiations.

Price Reductions Often Backfire
Many sellers list at an ambitious price “to see what happens.” What usually happens is:
Limited or no viewings
No serious offers
A series of price reductions
By the time the price is realistic, the property is already seen as stale

Buyers who noticed it earlier now expect a bargain — and often offer below market value. Sellers frequently end up accepting less than they would have if the home had been priced correctly from the start.


Well-priced homes in Cape Town attract qualified buyers quickly. Overpriced or stale listings attract bargain hunters and time-wasters. Serious buyers assume better value exists elsewhere and stop booking viewings altogether.

Online Listing Fatigue Is Real
Buyers scrolling through listings every day recognise properties that don’t move. A home that stays listed too long blends into the background. It becomes invisible — and once a listing reaches that stage, even price reductions struggle to revive interest.

Ongoing Costs Add Pressure
While waiting for a sale:
Bond repayments continue
Rates and taxes increase
Maintenance and insurance costs add up
Every extra month on the market reduces your final profit, even if the sale price stays the same.

Time on Market Signals Seller Motivation
In Cape Town, buyers and agents track listing history. A long time on market signals that the seller may be under pressure or willing to negotiate heavily. This weakens your position before talks even begin.

The Reality for Cape Town Sellers
A house sitting too long on the market is not harmless. It affects buyer perception, weakens negotiations, and often results in a lower final sale price. Correct pricing, professional presentation, and a strong launch strategy are essential to selling well — not just selling eventually.

Lake Properties Pro Tip
The first 14 to 30 days on the market are critical. That’s when buyer interest is highest and negotiating power is strongest. Price your property realistically from day one, ensure professional marketing, and treat the launch phase as non-negotiable. Homes that start right sell better — and for more.

Call to Action
Ready to explore the best investment opportunities in Cape Town? 

Contact Lake Properties today and let our experts guide you to your ideal property.

If you know of anyone who is thinking of selling or buying property,please call me
Russell 
Lake Properties
ww.lakeproperties.co.za  
info@lakeproperties.co.za 
083 624 7129 
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Happy New Year 2026

Lake Properties                       Lake Properties [2025/12/31, 18:34] Russell Heynes: https://www.facebook.com/share/r/1C8US...

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