This is Kitsilano, a neighbourhood in the city of Vancouver with 5 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 English Bay and West End are nearby. This neighbourhood is a Biker's Paradise with a bike score of 96. Good Transit is available in Kitsilano. Kitsilano is Very Walkable with a walk score of 89.
Established as one of Vancouver's condo hubs, Kitsilano, has a total of 237 condo buildings. There is a perfect fusion of modern high-rise condos and hip lofts, there are 217 Low-Rise, 6 Luxury, 5 Pre-Construction, 16 Mid-Rise, 4 Loft and 1 High-Rise in Kitsilano. Kitsilano offers some of Vancouver's most sought after condos for sale! Condos for sale in Kitsilano are on the market for an average of 34 days. There were 411 condos sold in Kitsilano in 2020. Kitsilano saw an increase in the number of condos sold by 127% compared to the year before. Condos for sale in Kitsilano had an average sale price of $$874,344 last year, an decrease of -19% from the prior year. This neighbourhood is a Biker's Paradise with a bike score of 96. Good Transit is available in Kitsilano. Kitsilano is Very Walkable with a walk score of 89. The neighbourhoods Kits Point and English Bay are nearby.
The Only Cafe is a great bakery in Kitsilano. A fresh cup of java or tea is never hard to find with Cafe Lokal in the hood. Do you enjoy being in the kitchen? Pick up groceries at Kits Market Ltd, Whole Foods Market, and Safeway 4th & Vine. Locals recommend eating at Bishop's, Octopus's Garden Restaurant and Dark Table in Kitsilano - they have great food! There is a surprising amount of green space with Kitsilano Community Garden, Hadden Park Dog Beach, and Margaret Pigott Park in Kitsilano. Shoppers Drug Mart is a conveniently located pharmacy in Kitsilano. There is great shopping at Card pkace. If you are looking to visit a museum or art gallery Planetarium Vancouver can be found in Kitsilano. If your condo building does not have it's own fitness center, locals of Kitsilano work out at The Movement Studio Pilates. Take your pets to My Fluffy Friend's Pet Shop. If you enjoy reading you will be happy Siri's Book Exchange is in Kitsilano. Schools in Kitsilano include St John's and St Augustine's. There are many students in this neighbourhood as Help with PTIB - Private Training Career Institututions Branch - private college - regulations and compliance is located within it.