This is Dunbar, a neighbourhood in the city of Vancouver 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.
Arbutus and Quilchena are nearby neighbourhoods with Pre-Construction condo buildings. This neighbourhood is Very Walkable with a walk score of 81. Good Transit is available in Dunbar. This neighbourhood is Very Bikeable with a bike score of 85.
Located in Vancouver, Dunbar is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 16 condo buildings to be exact, to its exciting streets. Dunbar is a perfect fusion of modern and hip condos, there are 1 Mid-Rise, 14 Low-Rise and 3 Pre-Construction. There are limitless selections of condos for sale in Dunbar to call home. The average days on market for condos for sale in Dunbar is 47 days. There were 20 condos sold in Dunbar in 2020. Dunbar saw an increase in the number of condos sold by 150% compared to the year before. Condos for sale in Dunbar had an average sale price of $$857,845 last year, an increase of 19% from the prior year. Dunbar is Very Walkable with a walk score of 81. This neighbourhood is Very Bikeable with a bike score of 85. Good Transit is available in Dunbar. The neighbourhoods Mackenzie Heights and Arbutus are nearby.
Grab some fresh goodies at nearby bakeries Stong's Market and Cake Bae. Coffee shop lovers will appreciate local cafe's like Perchance, Stong's Replenish Cafe, and Sweet Somethings. Locals of Dunbar love dining at Kuma Japanese Restaurant, Stong's Market and The Cheese Inn. You can spend the afternoon enjoying the outdoors at parks in Dunbar like Memorial West Park and Chaldecott Park. Dunbar London Drugs and YNP Dunbar Pharmacy are a short walk away as well. There are always new exhibits and events happening at Carousel on Dunbar. Many gyms and fitness centers are popular with residents of Dunbar. Some of these facilities are Elements Academy of Martial Arts and Dunbar Fitness Centre in Dunbar. Animal enthusiasts, good news Alta Vista Animal Hospital is in Dunbar. Thrill seekers will love the local amusement park Chaldecott Park Water Park! Entertainment in Dunbar is easy to come by with Dunbar Theatre in the neighbourhood. Schools in Dunbar include St George's, Immaculate Conception and Lord Kitchener.