Pre-Construction Condos For Sale in Strathcona
About Strathcona's Pre-Construction Condos For Sale
This is Strathcona, a neighbourhood in the city of Edmonton with 3 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.
You can find the neighbourhoods of South Central Edmonton and Rossdale nearby which have Pre-Construction condo buildings. This neighbourhood is Somewhat Walkable with a walk score of 58. Good Transit is available in Strathcona. This neighbourhood is a Biker's Paradise with a bike score of 92.
Strathcona Condos For Sale
Located in Edmonton, Strathcona is home to some of the city's trendiest condos. This neighbourhood has attracted all kinds of developments, 27 condo buildings to be exact, to its exciting streets. There is a perfect fusion of modern high-rise condos and hip lofts, there are 21 Low-Rise, 3 Pre-Construction, 4 Mid-Rise, 3 High-Rise, and 3 Luxury in Strathcona. There are great options of condos for sale in Strathcona to call home. Condos for sale in Strathcona spend an average of 78 days on market. There were 116 condos sold in Strathcona in 2020. Strathcona saw an increase in the number of condos sold by 51% compared to the year before. Condos for sale in Strathcona had an average sale price of $$380,203 last year, an increase of 20% from the prior year. Strathcona is Somewhat Walkable with a walk score of 58. This neighbourhood is a Biker's Paradise with a bike score of 92. Good Transit is available in Strathcona. You can find the neighbourhoods of South Central Edmonton and Rossdale nearby.
Grab some fresh goodies at nearby bakery, Cookie Crumbs. There are some great cafes in Strathcona such as Yelo'd Ice Cream & Bake Shoppe and New York Bagel Cafe. Groceries are close-at-hand with supermarkets Super Seven Food and Convenience store in Strathcona. Foodies won't be disappointed by the presence of excellent local restaurants Red Swan Pizza (Whyte Ave), Steel Wheels and Nhon Hoa Sandwich Bar. You can spend the afternoon enjoying the outdoors at parks in Strathcona like W.C. "tubby" Bateman Park and Light Horse Park. Pharmacy On Whyte is a conveniently located pharmacy in Strathcona. There are a number of museums and art galleries in Edmonton including Little Royal and Edmonton Radial Railway Society. Take your pets to Edmonton Holistic Veterinary Clinic. If you enjoy reading you will be happy InfoTree is in Strathcona. Schools in Strathcona include Old Scona and King Edward.
