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Kipkenyo

Buy Property in Kipkenyo, Kapseret Constituency– Affordable Land & Homes.

Kipkenyo ward is located in Kapseret Constituency in Uasin Gishu County, Kenya. It has been developing rapidly in recent years. This report covers the geographical and demographic features of the area, current real estate market trends and the ongoing infrastructure projects that are transforming this growing ward.

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Geographical and Administrative Overview.

Kipkenyo is one of the five wards that make up Kapseret Constituency in Uasin Gishu County, western Kenya. It is situated at 0.52672° north and 35.21169° east. It is near Huruma Estate and Kahoya Estate suburbs, 9.5 kilometers from Eldoret’s central business district.

Kipkenyo ward is under the leadership of ward administrator Abraham Kurgat while Kapseret Constituency is represented in Parliament by Honorable Oscar Sudi18. Kapseret Constituency has five wards: Simat/Kapseret, Kipkenyo, Ngeria, Megun and Langas. It is one of the six constituencies in Uasin Gishu County whose capital is Eldoret.

Eldoret was recently declared a city on August 15, 2024 and is the administrative and commercial hub for the region with a population of 475,716 according to the 2019 census. Uasin Gishu County has a population of 1,163,186 residents and covers an area of 2,955.3 square kilometers.

Real Estate Market Analysis.

Houses & Apartments for Sale in Kipkenyo-Residential Housing Prices.

The housing market in Kipkenyo ward has varying prices based on size, amenities and location. Current market trends show:

  1. Two-bedroom houses: KSh 3,600,000 for standard in Kipkenyo center to KSh 4,700,000 for properties with unique design features like hidden roofs.
  2. Three-bedroom houses: Most common in the area, prices range from:
    1. KSh 4,800,000 for basic spacious designs.
    2. KSh 5,600,000 for standard bungalows.
    3. KSh 6,100,000 to KSh 6,200,000 for modern designs with better finishes.
    4. Up to KSh 7,500,000 for premium properties in Kipkenyo Rivertex area.
  3. Four-bedroom houses: Larger family homes from KSh 6,500,000 for a mansion in Segero, Kipkenyo and prices go up based on amenities and land size.

A notable trend is the growing demand for newly constructed modern homes.

Land & Plots for Sale in Kipkenyo-Land Prices in Kapseret.

Land prices in Kapseret have appreciated steadily with huge variations based on location, proximity to main roads and availability of utilities:

  1. Premium plots: Prime land in Kapseret especially those with strategic locations like plots 1.7km off Eldoret-Kapsabet Road goes up to KSh 12,000,000 per acre.
  2. Mid-range plots: Most of the land listings fall within KSh 1.1 million to KSh 2.1 million (27 listings), followed by KSh 2.1 million to KSh 6 million (17 listings).
  3. Budget options: There are still some affordable land options, 16 listings in KSh 700,000 to KSh 1.1 million and 4 listings under KSh 700,000.

Land with features like flat, free-draining terrain, clean title deeds and location in serene neighborhoods commands premium prices.

Infrastructure Development.

Road Network Expansion.

Uasin Gishu County Government has implemented a massive road network expansion program that has improved connectivity in Kipkenyo ward and surrounding areas:

  1. County-wide: The county has completed 800 km of roads as part of its infrastructure development agenda.
  2. Completed in Kipkenyo ward: Several roads have been completed including Yamumbi junction-west farmers road and other internal roads that have improved accessibility.
  3. Ongoing: Installation of box culverts to improve water drainage and road durability during rainy seasons.

The improved road network has triggered real estate development with new residential houses and modern buildings sprouting up in Kipkenyo and surrounding areas of Kapseret Sub-County.

Water Supply Upgrade.

A major project underway is the Kipkarren Dam Water Supply project:

  1. Scale and funding: Sh. 1.3 billion project funded by National Government and African Development Bank.
  2. Impact: Upon completion will address water shortages in Eldoret Town by providing additional 23,000 cubic meters of water daily benefiting 50,000 residents including those in Kipkenyo ward.
  3. Timeline: Started June 2019 with expected completion date of March 2021 but as of last update only 3.5% implementation was done.

The water project is a long-term investment in the region’s infrastructure that will support population growth and economic development.

Economic and Development Prospects.

Kipkenyo’s economy is driven by the Uasin Gishu County economy which is largely agricultural. The county is part of Kenya’s breadbasket producing over 4.5 million bags of maize and 1 million bags of wheat annually.

The ongoing infrastructure development has created a positive feedback loop for property values and investment. Improved roads have attracted new construction while the upcoming water supply will address a critical utility need that has limited development.

Conclusion.

Kipkenyo ward in Kapseret Constituency is a growing area in Uasin Gishu County. With house prices from KSh 3.6 million to KSh 7.5 million and land prices with affordable options and premium investments, Kipkenyo has various real estate opportunities. The ongoing infrastructure development (roads and Kipkarren Dam Water Supply project) puts Kipkenyo on a growth trajectory and increasing property values in the next few years.

For investors or homebuyers, Kipkenyo offers proximity to Eldoret town but with the tranquility of a developing ward with improving amenities and infrastructure. The steady pace of development means property investments in this area will yield good returns as infrastructure is completed and property values appreciate.

Related

1. What are the current house prices in Simat/Kapseret?

2. How much does land cost per acre in Kamagut?

3. What recent infrastructure developments have taken place in Ngeria?

4. Are there any upcoming infrastructure projects planned for Megun?

5. How does the climate in Langas affect property values?

Related

1. What are the current house prices in Simat/Kapseret?

2. How much does land cost per acre in Kamagut?

3. What recent infrastructure developments have taken place in Ngeria?

4. Are there any upcoming infrastructure projects planned for Megun?

5. How does the climate in Langas affect property values?

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