This is Fairview, a neighbourhood in the city of Vancouver 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.
Downtown South and Yaletown are nearby neighbourhoods with Pre-Construction condo buildings.
A great neighbourhood in Vancouver, you will find 296 condo buildings within Fairview with condos for sale and rent. There is a fantastic mix of modern high-rise condos and funky lofts, there are 67 Mid-Rise, 22 Luxury, 6 Pre-Construction, 213 Low-Rise, 4 Loft and 14 High-Rise in Fairview. Fairview offers some of Vancouver's most sought after condos for sale! The average days on market for condos for sale in Fairview is 38 days. There were 564 condos sold in Fairview in 2020. Fairview saw an increase in the number of condos sold by 89% compared to the year before. Condos for sale in Fairview had an average sale price of $$947,092 last year, an increase of 3% from the prior year. The neighbourhoods Downtown South and Yaletown are nearby.
Grab some fresh goodies at nearby bakery, The Lemon Square - Granville Island. There are some great cafes in Fairview such as Granville Island Gelato Ltd and Beaucoup Bakery. Locals recommend eating at Culinary Capers Catering in Fairview - they have great food! There is a surprising amount of green space with Granville Island Triangle Square and Ron Basford Park in Fairview. Pure Integrative Pharmacy is a conveniently located pharmacy in Fairview. There is great shopping at Net Loft. Fairview is lucky to be home to a hospital, Vancouver General Hospital. Fairview has many local events taking place with The Luminous Elephant, Douglas Reynolds Gallery and Peter Kiss Gallery Inc catering to the arts scene. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Tone Pilates and Fisico Personal Training Studio are popular fitness centers with locals. Take your pets to Wild Birds Unlimited. If you enjoy rides and adventure be sure to visit the nearby amusement park Granville Island Water Park! Get your hot dogs and popcorn at B C Place and where you can watch Vancouver's sports teams play. If you enjoy reading you will be happy Little Free Library is in Fairview. The school in Fairview is Blessed Sacrament. There are many students in this neighbourhood as Canada International Royal Arts College is located within it. Travel far and wide from Hospital Helipad via airplane.