Pre-Construction Condos For Sale in Queen Mary Park
About Queen Mary Park's Pre-Construction Condos For Sale
This is Queen Mary Park, a neighbourhood in the city of Edmonton with 2 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 Oliver and Westmount are nearby. Queen Mary Park is Car-Dependent with a walk score of 22. This neighbourhood is Bikeable with a bike score of 65. Good Transit is available in Queen Mary Park.
Queen Mary Park Condos For Sale
Welcome to Queen Mary Park, a neighbourhood in the city of Edmonton with 27 condo buildings.There is a fantastic mix of modern high-rise condos and funky lofts, there are 24 Low-Rise, 4 Mid-Rise, 1 High-Rise, 2 Pre-Construction, and 1 Loft in Queen Mary Park. With so many buildings to choose from in Edmonton, there are naturally lots of condos for sale in Queen Mary Park. Condos for sale in Queen Mary Park spend an average of 81 days on market. There were 82 condos sold in Queen Mary Park in 2020. Queen Mary Park saw an increase in the number of condos sold by 64% compared to the year before. Condos for sale in Queen Mary Park had an average sale price of $$201,874 last year, an increase of 2% from the prior year. This neighbourhood is Car-Dependent with a walk score of 22. Good Transit is available in Queen Mary Park. This neighbourhood is Bikeable with a bike score of 65. Oliver and Prince Rupert are nearby neighbourhoods.
Queen Mary Park has many popular bakeries including Baked Harmony Cafe & Bakery and The Art of Cake. A fresh cup of java or tea is never hard to find with Bean Around The World Coffees in the hood. Do you enjoy being in the kitchen? Pick up groceries at 7th Heaven, Harambee Supermarket, and Youth Attendance Center. Locals recommend eating at The Local Omnivore in Queen Mary Park - they have great food! There is a surprising amount of green space with The Queen Community Garden in Queen Mary Park. You can find the pharmacy Doan Pharmacy in Queen Mary Park. There is great shopping at Manchester Square Edmonton. There are always new exhibits and events happening at Common Sense. If your condo building does not have it's own fitness center, locals of Queen Mary Park work out at Zone 105. Animal enthusiasts, good news The Spay Clinic is in Queen Mary Park. If you enjoy reading you will be happy Little Free Library is in Queen Mary Park. The local schools in Queen Mary Park is St. Catherine. There are many students in this neighbourhood as Athabasca University Assistant is located within it.
