Thread: Property prices in namibia

One way of doing it is to take the municipal valuation and add 50% .... and wait until the property agent blinks and if the valuation has been done fairly recently. The valuation is usually somewhere on the bill. You can also work it backwards from the amount of rates and taxes you pay.

Another is to look at what the bank has valued the property at for replacement purposes. The latter is a fair indication of the current price because the banks (rapacious as they are) will not undervalue the property (they still own until you have paid it off in full)!