Pre-Construction Condos For Sale in The Drive
About The Drive's Pre-Construction Condos For Sale
This is The Drive, 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.
If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Grandview-Woodland and Strathcona are nearby. The Drive is a Walker's Paradise with a walk score of 95. This neighbourhood is Very Bikeable with a bike score of 87. Excellent Transit is available in The Drive.
The Drive Condos For Sale
This is The Drive, a neighbourhood in the city of Vancouver with 7 condo buildings.The Drive is a perfect fusion of modern and hip condos, there are 5 Low-Rise, 2 Mid-Rise and 1 Pre-Construction. There are great options of condos for sale in The Drive to call home. Condos for sale in The Drive are on the market for an average of 42 days. There were 6 condos sold in The Drive in 2020. The Drive saw an increase in the number of condos sold by 100% compared to the year before. Last year condos for sale in The Drive had an average sale price of $$672,300, an increase of 14% from the year before. The Drive is a Walker's Paradise with a walk score of 95. This neighbourhood is Very Bikeable with a bike score of 87. Excellent Transit is available in The Drive. Grandview-Woodland and Strathcona are nearby neighbourhoods.
The Drive has many popular bakeries including The Bench Bakehouse and Oh Sweet Day! Bake Shop. There are some great cafes in The Drive such as The Drive Coffee Bar, The Bench Bakehouse, and Dive In Dessert Cafe. Groceries are close-at-hand with supermarket East End Food Co-op in The Drive. Locals of The Drive love dining at Sula Indian Restaurant. Do you love to be outside? There are great parks in The Drive such as Grandview Park Bike Polo Court, Commercial Drive Parklet, and Grandview Park. You can find pharmacies Robin's Pharmacy Ltd and Pharmasave Commercial Drive within walking distance. There is great shopping at Il Mercato. The Drive has many local events taking place with Arts Off Main and Sable Cat Alchemy catering to the arts scene. Many gyms and fitness centers are popular with residents of The Drive. Some of these facilities are Open Door Yoga Commercial Drive and Spartacus Gym in The Drive. Animal enthusiasts, good news Pet Pantry Pet Food & Supply Stores is in The Drive. If you enjoy reading you will be happy Britannia Community Services Centre - Info Centre is in The Drive. The school in The Drive is Frames Film Program.
