Considering renovating a property in “as is” condition? You’re not alone. With Zimbabwe’s average house prices ranging from $230,000 to $240,000, many buyers are looking at “as is” properties as a more affordable entry point into the market. As Zimbabwe’s leading property portal with over 3,400 house for sale in Zimbabwe across 80 cities and towns, we’ve guided numerous buyers through successful “as is” renovations.
This comprehensive guide will walk you through planning, budgeting, and executing renovations on properties purchased in their existing condition, helping you avoid costly mistakes and maximize your investment returns.
Understanding “As Is” Properties
An “as is” property is sold in its current condition, with the seller making no repairs or improvements before the sale. While this often means a lower purchase price, it’s crucial to understand what you’re getting into:
- Properties may have visible defects or hidden issues that might not be as easy to repair as it firest appears,
- No seller guarantees or warranties typically apply, meaning you will be responsible for all payments out of pocket once the sale is finalized,
- Buyers assume full responsibility for repairs and renovations.
Essential Pre-Purchase Steps
There are several things to think about and be aware of that need to be planned for when purchasing such a property. So, before committing to an “as is” renovation:
Professional Property Assessment
- Hire a qualified building inspector from a reputable company with traceable references
- Get a structural engineer’s report for older properties and how to handle them
- Document all existing conditions with photos in case you discover new problems after you make the purchase
- Obtain quotes from contractors for major repairs so you understand how much you need to budget for
Legal Requirements
According to Zimbabwe’s property regulations, you’ll need:
- Town Planning Approval
- Building Plan Approval
- Building Permit
- Environmental Impact Assessment (when applicable)
Planning Your Renovation
Professional Team Assembly
Based on our network of 2,000+ property professionals, we recommend engaging:
- Architect (for structural changes)
- Quantity Surveyor
- General Contractor
- Specialist trades as needed
Note: make sure you look for reputable professionals as Zimbabwe is rife with bogus actors who are looking to take advantage of people with extra cash to spend. Browse through Propertybook's list of registered estate agents in Zimbabwe to be connected with the right renovation team.
Budgeting Considerations
With average prices per square meter around $500, consider:
- 20-30% contingency for unexpected issues
- Regional price variations (up to 40% between areas)
- Often-overlooked costs:
- Parking permits
- Waste removal
- Temporary accommodation if needed
- Pre-construction surveys
Project Management Tips
Timeline Planning
- Create detailed project schedules
- Build in buffer time for delays
- Plan for material delivery lead times
- Consider seasonal weather impacts
Quality Control
- Regular site inspections
- Document all changes and decisions
- Keep communication channels open with contractors
- Maintain detailed records of expenses
ROI Considerations
Our market data shows:
- 50% price premium for 4-bedroom vs 3-bedroom homes
- Strong demand for modernized properties
- Higher returns in established neighbourhoods
Common Pitfalls to Avoid
- Underestimating renovation costs
- Skipping necessary permits
- Hiring unqualified contractors
- Overlooking structural issues
Looking for “As Is” Properties?
This all might sound daunting, but Propertybook, with its 10 years of experience in Zimbabwe's property market, we are here to help. Browse our extensive listing of properties across Zimbabwe at www.propertybook.co.zw, or contact one of our 2,000+ registered agents for personalized assistance in finding the right renovation project for your needs.
Need professional renovation advice? Our network of qualified contractors and property experts is ready to help guide your project from planning to completion. Contact us today.
Note: All prices and market data current as of February 2025. Regional variations may apply.
Photo by La Miko on Pexels.
