Welcome to South False Creek, 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.
You can find the neighbourhoods of Mt. Pleasant and Chinatown nearby which have Pre-Construction condo buildings. This neighbourhood is Very Walkable with a walk score of 87. a Rider's Paradise is available in South False Creek. This neighbourhood is a Biker's Paradise with a bike score of 96.
Established as one of Vancouver's condo hubs, South False Creek, has a total of 29 condo buildings. There is a fantastic mix of modern high-rise condos and funky lofts, there are 13 High-Rise, 9 Luxury, 15 Mid-Rise, 1 Low-Rise, 1 Loft and 3 Pre-Construction in South False Creek. There are great options of condos for sale in South False Creek to call home. Condos for sale in South False Creek spend an average of 44 days on market. There were 334 condos sold in South False Creek in 2020. South False Creek saw an increase in the number of condos sold by 151% compared to the year before. Last year condos for sale in South False Creek had an average sale price of $$1,030,631, an decrease of -5% from the year before. This neighbourhood is a Biker's Paradise with a bike score of 96. a Rider's Paradise is available in South False Creek. South False Creek is Very Walkable with a walk score of 87. Olympic Village and Mt. Pleasant are nearby neighbourhoods.
Yandoux Patisserie is a great bakery in South False Creek. A fresh cup of java or tea is never hard to find with Starbucks in the hood. Locals of South False Creek love dining at McDonald's. Do you love to be outside? Vancouver Island park is a great park in South False Creek. You can find pharmacies yYoung Medical Clinic and YYOUNG PHARMACY within walking distance. Mountain Equipment Coop is a shopping center in South False Creek that has something for everyone. South False Creek has many local events taking place with Wood Carving at Telus Science World Park, The Pyramids At The Pinnacle and Eye on the Street catering to the arts scene. Animal enthusiasts, good news Olympic Village Veterinary Clinic is in South False Creek.