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Most expensive and cheapest estates to buy a home in Nairobi

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Most Expensive Estates in Kenya: The HassConsult Real Estate report has revealed the estates where houses are most expensive and cheapest to buy.

According to the the report, in the majority of areas in Nairobi, it costs an average of Sh. 11.2 million to own stand-alone homes of more than four-bedrooms.

However, in the upmarket areas, the cost of owning a home is as high as Sh. 80 million.

Reuben Kimani: I turned down Sh. 25,000 plots, now they’re worth millions

Below is the breakdown of the most expensive estates in Nairobi where you will cough as high as Sh. 60 million to own a house.

Most Expensive Estates in Kenya: Nairobi:

AREA HOUSE PRICE
 

Gigiri

 

Sh. 119.3 million for a stand alone house.

 

Nyari

 

Sh. 103.6 million

 

Karen

 

Sh. 88 million

 

Runda

 

Sh. 92.1 million

 

Kitusuru

 

Sh. 84.3 million

 

Muthaiga

 

Sh. 80.2 million

 

Lavington

 

Sh. 66.7 million

 

Spring Valley

 

Sh. 65.6 million

 

Ridgeways

 

Sh. 63.3 million

In the same vein, most expensive areas such as Gigiri and Nyari also attract the highest rent rates in Nairobi. For example, the average house letting cost is Sh. 371,000 per month in Gigiri. In Nyaria area, you will cough up Sh. 335,700 to rent a home while in Runda and Kitusuru, you will pay Sh. 321,100 per month if you rent a house. According to HassConsult, these high costs are driven by the classification of the prime areas as the UN diplomatic blue zone.

The lowest prices are recorded in Nairobi’s satellite areas. Below is a table showing the cost of houses in some of these areas:

AREAS HOUSE PRICE
 

Kiserian

 

Sh. 8.8 million

 

Kitengela

 

Sh. 11.1 million

 

Juja

 

Sh. 12 million

 

Tigoni

 

29.1 million

 

Athi River

 

Sh. 13.6 million

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