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 Downtown Burlington and Brant nearby which have Pre-Construction condo buildings. This neighbourhood is Car-Dependent with a walk score of 38. Some Transit is available in Maple. This neighbourhood is Very Bikeable with a bike score of 79.
Seen as one of Burlington's condo hot spots, Maple, has a total of 14 condo buildings. Condo development in this neighbourhood has been booming with 1 Low-Rise, 2 Luxury, 8 Mid-Rise, 4 High-Rise, and 1 Pre-Construction in Maple. There are limitless selections of condos for sale in Maple to call home. Condos for sale in Maple spend an average of 26 days on market. There were 214 condos sold in Maple in 2020. Maple saw an increase in the number of condos sold by 410% compared to the year before. Condos for sale in Maple had an average sale price of $$644,888 last year, an decrease of -9% from the prior year. This neighbourhood is Car-Dependent with a walk score of 38. Some Transit is available in Maple. This neighbourhood is Very Bikeable with a bike score of 79. The neighbourhoods Downtown Burlington and Brant are nearby.
Pane Fresco and The Sunshine Doughnut Co. are great bakeries in Maple. A fresh cup of java or tea is never hard to find with Pane Fresco in the hood. Locals of Maple love dining at Pane Fresco and Snack Shack. You can spend the afternoon enjoying the outdoors at parks in Maple like Terry Fox Memorial and The Naval Ships' Memorial Monument,. You can find the pharmacy Goldencare Pharmacy-Burlington in Maple. Maple is lucky to be home to a hospital, Joseph Brant Hospital. There are always new exhibits and events happening at Art Gallery of Burlington. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Craniosacral & Shiatsu Therapy By Jennifer Song, RCST is a super popular fitness center with locals. Local schools of Maple include Ecole elementaire Renaissance and Burlington Central.