10850

VALUATION REPORT : RESIDENTIAL S

A
This valuation made by Namib Bou (Pty) Ltd , or its agents,of the subject property offered as security is done solely for the internal administrative purposes of U
Bank Windhoek. No warranties whatsoever are given or implied in respect of the property, its condition or market value. Furthermore Namib Bou (Pty)
Limited does not accept any responsibility should this information be used by any other party for whatever reason.
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E
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CLIENT INFORMATION
Name of Borrower Contact No.
W
Purpose of Valuation A
PROPERTY DESCRIPTION
Erf Number 10850 Town / Suburb SAUYEMWA EXTENSION 31 RUNDU
E
Property Street Address X
Project name (if Sectional Title) T
Purchase Price Date of Purchase E
Stand size
Single
Special Design Foundations Required N
Type of property ✘
Residential
Townhouse Flat Vacant land
S
TOWN PLANNING CONDITIONS I
Zoning ✘ Residential Gen. Residential Density :
O
Parking requirements: General Residential
Highest and best use Specify
N
✘ Current Use Other Use
Municipal Valuation Land Improvements
3
DESCRIPTION OF PERMANENT STRUCTURES / IMPROVEMENTS
1
Single storey Multi-Storey
Main building Nature of Property and Improvements
Entrance hall Dressing room LOCALITY Excellent X Good Fair Poor R
1 Lounge Passage ROOF DESIGN Pitched X Mono pitch Flat Low pitch U
TV/Family room Entertainment ROOF COVER Thatch X Iron Asbestos Tiles N
Dining room Balconies ROOF COVER X Malthoid Klip lock Slate Wood
D
1 Kitchen Laundry SOIL TYPE Clay Silt Rocky X Sandy
Pantry LAND SLOPE X Level Gradual Steep
U
Scullery STRUCTURE TYPE Conventional X Concrete Frame Innovative
2 Bedrooms DESIGN TYPE X Detached Attached Semi-Attached
1 Bathroom WALL TYPE X Bricks Ash brick Face brick Block bricks
1 Shower/wc/basin CONDITION X Excellent Good Fair Poor
Separate WC AGE IN YEARS X 0-5 5-20 20-40 Over 40
Study GEYSER X Electric Solar None
Veranda FITTED KITCHEN X Good Average Poor Zink unit
Outbuildings BUILT-IN CUPBOARDS X Good Average Poor None
Attached Detached WINDOWS (TYPE) Steel Wood X Aluminium Other
Garages FLOOR COVERING Carpet X Tiles Wood Novilon
Carports FLOOR COVERING Grano X Slate Laminated Vinyl
Flat/cottage CEILINGS Celotex X Rhinoboard Pine None
Storeroom BOUNDARY Brick wall Precast wall Palisade X Wire
Outside Wc SWIMMING POOL Fibreglass Cement Other Pool cover
Servants quarters PAVING Interlocks Slasto Concrete Other
Lapa SECURITY Alarm Beams Intercom Electr. fence
Suana OTHER Remote gate BBQ CCTV Fire place
MUNICIPAL SERVICES X Electicity X Water X Sewerage Burglar bars
OTHER

Extent of Investigation:(Record limitations / Restrictions on Inspection)

Nature and source of information to be relied upon:(Verifications to be recorded)

Assumptions and Special Assumptions:(To be recorded)

 VALUATION CONSIDERATION : RESIDENTIAL
Depreciated Replacement Cost Analysis Replacement Cost / Insurance Calc.
Size Rate Rate
Description (N$/m²) TOTAL N$ (N$/m²) AMOUNT N$
(m²)
Main Building 1 81 6,000.00 486,000.00 6,500.00 526,500.00
Main Building 2 - -
Balconies - -
Flat /Cottage - -
Garages - -
Servants quarters - -
Verandah 5 1,500.00 7,500.00 -
Carport - -
Walling / Fencing - -
Paving - -
Other: - 1,500.00 -
Improvement Total 493,500.00 N$ 526,500.00
Land Total - 300.00 -
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Total N$ 493,500.00 Acceptable as security : N
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Comparable Sales description S
PROPERTY 1
PROPERTY 2
PROPERTY 3
PROPERTY 4
PROPERTY 1 PROPERTY 2 PROPERTY 3 PROPERTY 4
Prop. Info Adj Factor Prop. Info Adj Factor Prop. Info Adj Factor Prop. Info Adj Factor
Erf Number
Erf size (m²)
Suburb
Sale Price
Date of Sale
Improvements (m²)

Adjusted subject sales price

Ave Comparable Value based on Comparable sales #DIV/0!

Forced Sale Value Less 30% #DIV/0!

Insurance Value N$ 526,500.00

Comments or Recommended Conditions for Approval

(Insert comments, if space is insufficient, indicate" included on a separate page")

CERTIFICATE
MARKET VALUE OF SUBJECT PROPERTY #DIV/0!

DECLARATION
I declare that I have inspected the above property and have verified the particulars set out in this report.
I confirm that the valuation was compiled in accordance with the International Valuation Standards.

DATE VALUATOR SIGNATURE

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SUBJECT PROPERTY VACANT PLOT SUBJECT PROPERTY VACANT PLOT