Pre-Construction Condos For Sale in Victoria West
About Victoria West's Pre-Construction Condos For Sale
This is Victoria West, a neighbourhood in the city of Victoria 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 Songhees and Downtown Victoria nearby which have Pre-Construction condo buildings. Victoria West is Very Walkable with a walk score of 72. This neighbourhood is Very Bikeable with a bike score of 87. Good Transit is available in Victoria West.
Victoria West Condos For Sale
Known as one of Victoria's condo hubs, Victoria West, has a total of 29 condo buildings. These include 5 High-Rise, 1 Pre-Construction, 10 Luxury, 12 Mid-Rise, and 12 Low-Rise. The condos for sale in Victoria West include great amenities. The average days on market for condos for sale in Victoria West is 48 days. Victoria West had 204 condos sold within it in 2020, an increase of 162% compared to the year before. Last year condos for sale in Victoria West had an average sale price of $$751,783, an decrease of -23% from the year before. This neighbourhood is Very Walkable with a walk score of 72. Good Transit is available in Victoria West. This neighbourhood is Very Bikeable with a bike score of 87. Songhees and Oldtown are nearby neighbourhoods.
Fry's Red Wheat Bread Bakery, Fol Epi, and Casa Nova Cafe & Bakery are great bakeries in Victoria West. Coffee shop lovers will appreciate local cafe's like Spiral Cafe and Fantastico bar-deli. Groceries are close-at-hand with supermarket The Market Garden in Victoria West. Foodies won't be disappointed by the presence of excellent local restaurants Casa Nova Cafe & Bakery, Victoria Sushi and Big Wheel Burger. Do you love to be outside? There are great parks in Victoria West such as Banfield Park and Rainbow Park. Victoria West Save-On-Foods and Pharmasave Westside Village are a short walk away as well. There is great shopping at Westside Village Shopping Centre. There are always new exhibits and events happening at errant artSpace. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Prestige Fitness and The Spa at Delta Victoria Ocean Pointe Resort are popular fitness centers with locals. Take your pets to Vic West Pet Hospital. If you enjoy rides and adventure be sure to visit the nearby amusement park Galloping Goose Trail Start Victoria! If you enjoy reading you will be happy Vic West Toy Lending Library is in Victoria West. The local schools in Victoria West is Victoria West.
