This is East Hastings, a neighbourhood in the city of Vancouver with 1 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 Hastings-Sunrise and Moodyville nearby which have Pre-Construction condo buildings. East Hastings is Car-Dependent with a walk score of 27. This neighbourhood is Bikeable with a bike score of 59. Some Transit is available in East Hastings.
Located in Vancouver, East Hastings is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 10 condo buildings to be exact, to its exciting streets. East Hastings is a perfect fusion of modern and hip condos, there are 9 Low-Rise, 1 Mid-Rise and 1 Pre-Construction. There are great options of condos for sale in East Hastings to call home. Condos for sale in East Hastings spend an average of 39 days on market. East Hastings had 25 condos sold within it in 2020, an increase of 56% compared to the year before. Last year condos for sale in East Hastings had an average sale price of $$610,899, an increase of 20% from the year before. This neighbourhood is Car-Dependent with a walk score of 27. Some Transit is available in East Hastings. This neighbourhood is Bikeable with a bike score of 59. You can find the neighbourhoods of Hastings-Sunrise and Lynnmour South nearby.
Groceries are close-at-hand with supermarket McGill Grocery in East Hastings. Locals of East Hastings love dining at Trackers Cafe. There is a surprising amount of green space with Aesthetic Tree & Hedge Services and New Brighton Beach in East Hastings. There are always new exhibits and events happening at Pacific Woodblock Prints. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not G-ragE is a super popular fitness center with locals. Movie geeks can catch a movie at Burrard View Fieldhouse. Get your hot dogs and popcorn at Pacific Coliseum at the PNE and where you can watch Vancouver's sports teams play. If you enjoy reading you will be happy Little Free Library is in East Hastings. Local schools of East Hastings include Hastings and Sir John Franklin.