Why Waiting ‘One More Year’ to Buy Property Is Costing You More Than You Think

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Every year, many people tell themselves the same thing:
“Next year, I’ll buy.”
“Let me wait till things settle.”
“I just need one more year to prepare.”

It sounds reasonable—but in real estate, waiting is often more expensive than acting.

1. Property Prices Don’t Pause—They Compound

Real estate prices rarely move backwards for long, especially in growing areas like Tema and its surrounding communities. What costs today will likely cost significantly more next year due to demand and inflation.

2. Construction Costs Keep Rising
Building materials such as cement, iron rods, labour, and finishing materials increase almost every year, raising the total cost of ownership.

3. Rent Is Money You’ll Never Get Back

Rent payments build no equity. Delaying means paying rent longer while property prices rise.

 

4. Waiting to Save More Often Backfires

Prices often rise faster than savings, reducing buying power over time.

5. The Best Options Go First

Early buyers enjoy better pricing, locations, and unit selections.

6. Time Is a Bigger Asset Than Money

Close-up of a transparent hourglass with pink sand flowing, placed on a newspaper background.Real estate rewards early action through appreciation, income potential, and peace of mind.

Final Thought:
Waiting feels safe, but in real estate, it is often the riskiest move. If buying property is part of your plan, the best time isn’t next year—it’s now.

Find Us: The Greens Estate, Community 25, Tema
Let’s Talk: +233 54-010-2102

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