CEDARWOOD CITY: THE NEW FACE IN REAL ESTATE

 

CEDARWOOD CITY.

Cedarwood city: City Gate image

We all have that one perfect idea of what perfection means, it is relative to everyone but we can all agree it is beautiful; it is peaceful, and it is appealing. Now imagine a house built by a beach, imagine waking up every morning to see the beach wave, imagine the beautiful rising and setting sun across the beautiful wave, most people will agree a beach scenery is ‘perfection’ especially people who are truly fascinated by mother nature’s beauty.

I had to take you to the beach because if you can truly understand the ‘beach effect’ then you would not pass off the opportunity of investing in cedarwood city. Located in a reserved environment at F01 district in kubwa, close to the military pension board.

Cedarwood city, named after the cedar tree is the perfect replica of living by the beach but instead of waking up to see a body of water, you get flowers, grasses, a relaxation park, constant power, a mall, birds chipping every morning, a lovely flowing stream,  a football pitch, a basketball court, kids playground, wide road network, water treatment facility and everything that make up the perfect urban eco-friendly environment.

Cedarwood city is different because it combines nature, luxury, and modern architecture in one perfect location making it the ideal property for investors and everyone looking to escape our contemporary hustle driven society, its location makes it unique and closer to Mother Nature thereby providing a ‘House by the beach’ experience to its occupant.

 By now, you would be wondering the price it takes to be part of this experience, but we can all agree that comfort is affordable and considering Oscar wilde quote ‘I am a man of simpler taste, I am satisfied with the best’. Our prices are affordable and it is matched to the quality of our properties, this mean that every penny you spend in purchasing a property with us, is geared towards providing a high standard of unprecedented comfort to meet your requirements, thereby providing a high monetary value in terms of return on investment for stakeholders looking to invest in cedarwood city.

The Estate also offers endless potential for our client to network with each other thus offering value and more business opportunity towards building a sustainable community for our client’s collective growth and development

Read also: 5 reasons why you should invest in real estate  

Wondering how to be a part to this experience? Here are the various affordable house types in cedarwood city.

 

·         TWO (2) BEDROOM TERRACE DUPLEX (WONDERBOOM)

Our two-bedroom terrace duplex is a fully finished duplex, gracefully sitting on 402sqm per block (67Sqm Per Unit), It is perfect for newlyweds, young professional, and bachelors.

 

SPECIFICATION

·         Two-bedroom (en-suite)

·         Living room,

·         Kitchen

·         Dining,

·         French windows

·         Visitors’ convenience

 

 

·         THREE (3) BEDROOM TERRACE DUPLEX (PALM)

Our tree bedroom terrace duplex is a fully finished three-bedroom terrace duplex sitting on 120Sqm per unit, it is perfect for a growing family, couples and investors

SPECIFICATION

·         Three-bedroom (en-suite)

·         living room

·         Kitchen

·         French windows

·         Dining

·         Family lounge

·         Convenience

·         Store

·         Anti-room

·         balcony

·         Boys Quarter (en-suite)

 

·         FOUR (4) BEDROOM TERRACE DUPLEX (WILLOW)

  Our four-bedroom terrace duplex is a fully finished property sitting on 148sqm per unit, it is perfect for a family of three and investors

 

SPECIFICATION

·         Four bedroom( en-suite) + BQ

·         Two living Room

·         Dining Room

·         Balcony

·         French windows

·         Kitchen

·         Store

·         Lobby

·         Visitor’s convenience

 

·         FOUR (4) BEDROOM SEMI DETACHED DUPLEX (OAK)

Our four-bedroom semi-detached duplex is a fully finished property setting on a massive 154Sqm, it is perfect for a large family and investors

 SPECIFICATION

·         Four bedroom( en-suite) + BQ

·         Balcony

·         Two living Room 

·         Dining

·         Kitchen

·         Store

·         Study

·         French windows

·         Lobby

·         Visitor’s  convenience

 

·         FIVE (5) BEDROOM FULLY DETACHED

Best Described as the ‘Alpha of the Pack’ our five bedroom duplex is a fully finished stand-alone property on a massive 500Sqm per unit. It is spacious; it allows room for creative interior decoration. It is perfect for a large family and investors.

SPECIFICATION

·         Five bedroom (en-suite) + BQ

·         Two living Rooms

·         Dining

·         Study

·         Large Kitchen

·         Store

·         Anti-room

·         Lobby

·         Balcony

·         Visitor’s convenience

FIVE (5) REASONS WHY YOU SHOULD INVEST IN REAL ESTATE

Did you know that real estate is the only investment that can guarantee you a high return on investment over a short period? Real estate is a reliable source of investment, and there are  lots of reason why you should invest in real estate from financial freedom to having a place where you can call home real estate provides it all , there is a ‘25times rule’  used by financial planner to determine how much you need to save for retirement but still the certainty of it cannot be ascertained. Real Estate has many advantages over investing in stocks, bonds, fixed deposit And treasury bills. Real estate offers predictable cash flow; it appreciates in value, thus keeping up with inflation; it provides a higher return because of positive advantage; and it provides equity growth through debt reduction. During retirement, real estate is a self-sustaining asset, while stocks are a self-liquidating asset. Which would you prefer, a self-sustaining asset or a self-liquidating asset? Below are the reasons why you should invest in real estate.

 

Reasons to Invest in Real Estate
 
1.       Real estate brings passive 

Cash flow is the net spendable income derived from the investment after all operating expenses and mortgage payments have been made. An excellent real estate investment should provide you with 6% or greater cash flow, like any form of investment, the primary reason why people invest in real estate in passive income.
 

2.   Real estate appreciates in value   

Research has shown the real estate is the only investment that appreciates in capital value over a short period.

 
 
3.       Real estate is safe 

Property in Nigeria increase in value overtime, despite the economy downturn in the country, According to Peter Koulizos ‘when you factor in the return and risk associated with buying property and shares, property wins hands down. Real estate investment is a more stable investment with limited immunity from fluctuation
 
 
4.       Real estate is improvable 

One of the most unique and attractive advantages of real estate is that it is improvable. Because real estate is a tangible asset made of wood, brick, concrete, and glass, you can improve the value of any property with some “elbow grease” and “sweat equity”. Whether the repairs are structural or cosmetic, do it yourself or hire someone, the principle is the same. You can make your real estate worth more by improving it.
 
5.       Real estate coincides with retirement 

One major advantage of real estate is that it keeps growing even when you are retired. And it is also a good way to retire wealthy, when a person retire his property would keep increase in value thereby generating more income for you.
 
 
 
 
 

SOMETHINGS YOU SHOULD KNOW

8 THINGS YOU SHOULD KNOW BEFORE BUYING A HOME

1.      Decide location versus space before searching for a home.
One of the most difficult decisions to make when buying a house is choosing the perfect location or the adequate amount of space needed for the family. More often than not one of the criteria will not be met by one particular house. Since you will fall somewhere in between, it is likely that you will either pick the furthest comfortable distance or the smallest comfortable space. It just depends on whether space or distance is what you are looking for. The most important thing is to make a clear decision on it before the search for a home begins.

2.      A down payment is never a bad investment.

     A down payment is an upfront payment you make to purchase a home. Too many homeowners learn once they take on those monthly payments just how much of a strain they put on their budget. A larger down payment means you can start out with a smaller loan balance, which will not be as stressful on the monthly repayment of your loan. The steps you take can sometimes help you or plague you for years to come, so it is essential to choose your down payment wisely.

3.      Dig deeper through a house inspection.
A home inspection is not required but recommended. Buyers are entitled to conduct all inspections required to satisfy themselves as to the condition of the home. A home inspection is an opportunity to satisfy all curiosity and lay all nagging questions to rest. It is important to go with an agent you trust to give you honest answers to your inquiries. It also gives you the opportunity to become familiar with the home. Upon taking a closer look at a property, you can then decide whether this is the right home for you.

4.      Know your needs.
When evaluating your needs and wants, it is a good idea to consider value items with more weight than things that are personal preference but add little value. A great real estate agent will be able to help you determine the difference between a valuable feature and a personal touch. As you prepare to buy a home, remember that no home is perfect. You will always end up making compromises. However, with a good understanding of what is most important to you and what will add value to the home, finding the right one will be easier.

5.      Do not forget about taxes.

Property taxes can be extremely high in some areas, so it is important to consider those when buying a home. Not only can property taxes be high but also they can trend towards increasing often and by large amounts. Paying attention to property taxes when you buy a home will affect that amount, so make sure that you understand exactly what you will pay on your new home’s property taxes.

6.  Do not necessarily buy for the life you have today.
When buying a house, it is important not to buy just for where you are now. In buying you should take into consideration your plans and long term goals. Decisions like a change of job, getting married or having kids are future possibilities that should be taken into account when buying a home.

7.      Look beyond the paint.
It is important that when buying real estate not to be overwhelmed by the cosmetic beauty of the house but to look beyond the paint and light fixtures to see if there are structural damages like cracks in the interior or exterior walls, water damage concealed by paint, etc.  It is also important not to fixate on cosmetic preferences that may or may not be met. Remember that it is inexpensive to fix cosmetic issues a bit of paint or some wallpaper.

8.      Quality over quality.
More of a bad thing is still a bad thing and when it comes to real estate, bigger is not always better. Architects today are looking to create efficient homes that do not feel cramped and make the most of every square foot. However, with quality design, a home is more likely to keep its value. In addition, you may opt to hold on to it longer because it will continue to serve your changing needs.

We at White Avenue Real Estate are invested in giving you the best houses for you. You can visit us @ White Avenue Group, 5th Floor Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District Abuja.Or call us on 08187845406 or 09099582911.

Susan Niniola,

Customer Care Representative,

White Avenue Group, Abuja.

BENEFITS OF BUYING A NEW HOME

Should I buy a new home or an older home?

It's a question that troubles many home buyers. Typically, new or primary are the ones which are acquired directly from developers, and a resale or secondary homes are the properties that have had a previous owner. Buying a new-build home can be a great choice, no matter what stage you are at in life. Whether you’re a first-time buyer, a growing family or retiree, there are lots of great new options out there.

The Advantages of Buying a New Home

1.      Affordability

Affordability is the major step to be considered by home buyers. Potential property seekers may prefer resale homes thinking to pay less, but they have to anticipate that there are various other amounts to be paid like registration fee, transfer fee, utility charges, etc. Also, resale homes require repair and maintenance. On the other hand, first-hand homes that are constructed in upcoming locations or suburbs will cost you lesser when compared to resale homes in established localities of a city.

2.      Maintenance

A new home will boast new appliances, electrical systems, plumbing and more, all of which should run smoothly for years without needing repairs. With an existing home, many of these features may be old and outdated, not only requiring more maintenance but potentially not working as efficiently either. Floors may slope. Buying a new home means there isn't a chance of discovering a previous homeowner covered up water damage or performed faulty electrical work. Because everything is new, homeowners also shouldn't have to worry about replacing the roof, updating the plumbing or making other major repairs for many years.

3.      Modern Conveniences and Energy Efficiency

Old homes were built for a different era. Closet space and electrical outlets may be sparse. Plus, they weren't built using today's energy-efficient materials and standards. A new home may be more comfortable and convenient for today's modern lifestyle.

4.      Customization

Most new developments offer buyers the opportunity to tailor elements of their new home to suit their individual needs. From the exact layout and room options, right through to small details like the kitchen tiles and carpets, you’ll be able to personalize your dream home and make it work for you and your family. Some options may incur additional costs, so be sure to check the small print.

5.      Bargain

If you get in early enough, you may be able to buy your property ‘off-plan’. Many property developers and builders offer this option, and in a nutshell, it means you’ll be able to study the plans for your chosen development and reserve the exact home you want to buy. What’s more, the price you pay when buying off-plan can be less than the property is worth once it’s completed. So you could have earned equity in your new home before you even set foot through the door.

Homebuyers have a lot to consider when choosing between a new home and an existing home. New homes certainly have their advantages, from their ability to be customized to their overall energy efficiency.

We at White Avenue Real Estate have the perfect home for you at prime locations in Abuja. Visit our website at https://whiteavenuegroup.com  to find out more or you can visit our office at 5th floor Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District, Abuja. Call us on 09099582911, 08187845406

Susan Niniola
Customer Care Representative
White Avenue Group, Abuja