Pre-Construction Condos For Sale in Oliver
About Oliver's Pre-Construction Condos For Sale
Welcome to Oliver, a neighbourhood in the city of Edmonton with 6 Pre-Construction buildings with condos for sale.
A very special portion of the real estate market exists in the area of development, or Pre-Construction, condos. These are units that are purchased based on the projected plans for a building that is not yet built. A buyer may visit a temporary showroom, located near to the proposed location of the building to see models and floor plans of the various units the seller hopes to construct, or simply receive a package with this information electronically. Purchasing at this stage allows the buyer to have greater control in the outcome of their unit. They can make a different type of investment and purchase at a lower price per square foot than what is typically available post-construction. If you want to be able to choose your floors, finishes and appliances, at less than the cost to purchase someone else's choices from the past, Pre-Construction condos for sale might appeal to you. It's not often that you have so many design choices when looking to purchase a home. There will be a number of layouts, options for total square footage, number of bedrooms and location within the building to choose from. Usually, this type of customization will require a second investment in renovations, as well as the purchase price of your home.
When taking the leap on a Pre-Construction condo for sale, you'll be given a list of options that you'll be able to customize. Everything in the home will be brand new and they will likely be under warranty. Keep in mind that the developer is speculating on what they believe the final outcomes will be for the unit and building, they require some flexibility, not everything can be fixed into even the best agreements. This can make a good case for looking at the past projects of the developer. How close to their projected dates did they come? Do they have a history of big surprise closing costs or a history of great relationships with their buyers? How have their projects held up over time as places people want to live and as investments. This type of home purchase, more than others, requires a long term deal with your developer. You'll want a long term relationship that is mutually beneficial. Purchasing a unit in a building prior to the work beginning can have some tremendous benefits. It also requires deeper knowledge to arrange this type of purchase. A Real Estate Professional who specializes in development or Pre-Construction condos for sale may be helpful for protecting your investment. The money spent on a qualified agent may be easily recuperated with the thorough shaping of your agreement. You'll want to understand how the Pre-Construction payments are going to be structured and where you'll be spending versus saving. In an already finished home, it's easy to see how your money is being spent. With a Pre-Construction condo, being well informed will be a must.
If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Queen Mary Park and Westmount are nearby. This neighbourhood is Very Bikeable with a bike score of 75. Excellent Transit is available in Oliver. Oliver is Very Walkable with a walk score of 83.
Oliver Condos For Sale
The great condo neighbourhood of Oliver in Edmonton has many awesome buildings to choose from with a total of 90 condo buildings. There is a fantastic mix of modern high-rise condos and funky lofts, there are 33 Mid-Rise, 25 High-Rise, 6 Pre-Construction, 34 Low-Rise, and 3 Luxury in Oliver. Oliver offers some of Edmonton's most sought after condos for sale! Condos for sale in Oliver are on the market for an average of 73 days. There were 481 condos sold in Oliver in 2020. Oliver saw an increase in the number of condos sold by 75% compared to the year before. Last year condos for sale in Oliver had an average sale price of $$328,216, an decrease of -11% from the year before. This neighbourhood is Very Bikeable with a bike score of 75. Excellent Transit is available in Oliver. Oliver is Very Walkable with a walk score of 83. You can find the neighbourhoods of Queen Mary Park and Westmount nearby.
Oliver has many popular bakeries including Sweet Corner and COBS Bread Bakery. A fresh cup of java or tea is never hard to find with Arno's Fine French Pastry Inc. and Iconoclast Coffee Roasters in the hood. Do you enjoy being in the kitchen? Pick up groceries at M&M Food Market. Locals recommend eating at Normand's Restaurant in Oliver - they have great food! There is a surprising amount of green space with Paul Kane Park and Oliver Community League Peace Garden Park in Oliver. Lemarchand Dispensary Pharmacy & Compounding Lab is a conveniently located pharmacy in Oliver. There is great shopping at Oliver Exchange Building. There are always new exhibits and events happening at Bugera Matheson Gallery Inc., Rowles & Company Ltd. and John & Maggie Mitchell Art Gallery. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not SmartFit Studios and BAIRRO 124 Brazilian Jiu-Jitsu are popular fitness centers with locals. Local schools of Oliver include Grandin and Oliver. There are many students in this neighbourhood as MacEwan University - Allard Hall is located within it. The closest light rail station is Grandin Station.
