
4 Bedroom 2-800-000 Pula House in Phakalane – Double Storey with Double Garage, 3 Bathrooms and Swimming Pool
The Cost of Building a House in the South-East District of Botswana
The South-East District of Botswana presents a diverse housing market with various costs depending on the size and location of properties. There are five municipalities in this region, namely Gaborone, Tlokweng, Lobatse, Otse and Ramotswa. For prospective homeowners, understanding the costs associated with building or purchasing a house, inclusive of the land (Erf), is crucial for effective budgeting. Here, we analyze the costs based on the number of bedrooms, offering insights into price trends and affordability in the region.
2-Bedroom Houses
- Price Range: P815,000 – P900,000
- Price Per Square Metre Range: P905.56 – P1,000.00 per m²
- Erf Size Range: 900 m²
Insights:
Two-bedroom houses in the South-East District are typically affordable and offer reasonable erf sizes. These properties are ideal for first-time homeowners or those seeking smaller family homes. The modest price per square metre reflects the manageable size and construction costs.
3-Bedroom Houses
- Price Range: P1,300,000 – P3,800,000
- Price Per Square Metre Range: P2,362.83 – P14,049.59 per m²
- Erf Size Range: 121 m² – 1,609 m²
Insights:
Three-bedroom houses show significant variability in price and plot size. The highest price per square metre is driven by properties with smaller plots (e.g., 121 m²), indicating premium pricing in densely populated or upscale areas. On the other hand, larger plots with lower price-per-square-metre values suggest better value for money in suburban or rural areas.
4-Bedroom Houses
- Price Range: P2,000,000 – P7,800,000
- Price Per Square Metre Range: P1,868.78 – P8,855.85 per m²
- Erf Size Range: 410 m² – 2,515 m²
Insights:
Four-bedroom houses cater to families needing extra space and demonstrate the widest range of price per square metre and erf sizes. Properties with higher price-per-square-metre values often feature luxury amenities or are located in high-demand neighborhoods like Phakalane Golf Estate. The lower end of the price-per-square-metre spectrum indicates opportunities in emerging areas with larger plots.
5-Bedroom Houses
- Price Range: P2,800,000 – P9,999,999
- Price Per Square Metre Range: P653.59 – P5,500.00 per m²
- Erf Size Range: 1,000 m² – 15,309 m²
Insights:
Five-bedroom houses offer the potential for luxury living, with prices reflecting the expansive erf sizes. The remarkably low price per square metre for some properties (P653.59) results from large plots in rural or semi-urban areas, making them ideal for investors or homeowners seeking privacy and space.
6+ Bedroom Houses
- Price Range: P3,000,000 – P11,000,000
- Price Per Square Metre Range: P1,031.57 – P9,114.33 per m²
- Erf Size Range: 600 m² – 2,908 m²
Insights:
These properties are primarily luxury homes or multi-unit investments, such as guesthouses or family compounds. High-end features and prime locations drive up prices. The lower price-per-square-metre properties suggest an excellent return on investment for those looking to develop multi-family residences.
Trends and Insights
- Erf Size Drives Value:
Properties with larger plots tend to have a lower price per square metre, offering better value for those seeking space or looking to expand. However, these often come with higher overall costs due to their size. - Premium Locations Cost More:
Houses in sought-after areas such as Phakalane and Extension 9 tend to have higher price-per-square-metre values, reflecting the demand for prime locations and luxury amenities. - Smaller Homes in Densely Populated Areas are Expensive:
The data shows that properties with smaller erf sizes, particularly 3-bedroom houses, can have a disproportionately high price per square metre. This indicates a scarcity of land in densely populated or urban areas. - Affordability in Emerging Areas:
Properties in suburban or rural locations provide more value per square metre, especially for larger families or developers. These areas are ideal for those prioritizing space over proximity to city centers.
Conclusion
Building or purchasing a house in the South-East District of Botswana comes with a diverse range of costs influenced by erf size, location, and amenities. Smaller properties are ideal for urban dwellers, while larger plots in suburban areas offer better value for money. Buyers are advised to carefully assess their needs and explore emerging areas for affordable yet spacious options. Whether you are a first-time buyer, an investor, or looking to build your dream home, the South-East District offers opportunities for every budget.