Learning how to determine the open market value of a house will help you know if the seller is charging a fair price

Kenya has a population of about 41 million. If you disregard people below the age of 18, retirees and the self-employed, this leaves about 2 million people in the formal sector who need a house of sorts.

In the real estate sector, landlords are the corporate elite. They own the houses and charge the rent. They decide the prices as they sit in their town-houses and count their money, hoping that the inflation rate forever works in their favor. So what if you…

All these factors are critical when it comes to making such decisions. They help potential home-owners to weigh their options before making long-term commitments. But once the financial aspects of home ownership are settled, an equally important factor has to be considered; location.

A lecturer at the Kisumu Polytechnic has put together a movable house.The house is a single-storied construction, built with prefabricated steel and wooden fringes in the interior. Speaking to the press, Samson Alemba, who put it together with the help of other lecturers in the institution and Arc…