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.
Glastonbury and Rosenthal are nearby neighbourhoods with Pre-Construction condo buildings. West Edmonton is Somewhat Walkable with a walk score of 70. This neighbourhood is Somewhat Bikeable with a bike score of 35. Excellent Transit is available in West Edmonton.
The great condo neighbourhood of West Edmonton in Edmonton has many awesome buildings to choose from with a total of 74 condo buildings. West Edmonton is a perfect fusion of modern and hip condos, there are 7 Mid-Rise, 4 Pre-Construction, 65 Low-Rise and 2 High-Rise. With so many buildings to choose from in Edmonton, there are naturally lots of condos for sale in West Edmonton. The average days on market for condos for sale in West Edmonton is 76 days. There were 338 condos sold in West Edmonton in 2020. West Edmonton saw an increase in the number of condos sold by 62% compared to the year before. Last year condos for sale in West Edmonton had an average sale price of $$215,795, an increase of 0% from the year before. This neighbourhood is Somewhat Walkable with a walk score of 70. Excellent Transit is available in West Edmonton. This neighbourhood is Somewhat Bikeable with a bike score of 35. The neighbourhoods Summerlea and West Meadowlark Park are nearby.
West Edmonton has many popular bakeries including Pearson's Berry Farm- West Edmonton Mall, Reinette Cafe & Patisserie at West Edmonton Mall, and Loriz Bakery Edmonton. Coffee shop lovers will appreciate local cafe's like Laziq Italian Cafe, Cake & Dessert Cafe (CND cafe), and Cafe Levi. Do you enjoy being in the kitchen? Pick up groceries at Pearson's Berry Farm and T & T Supermarket west Edmonton. Locals recommend eating at Cactus Club Cafe West Edmonton Mall in West Edmonton - they have great food! Do you love to be outside? There are great parks in West Edmonton such as P T Health Sherwood Park and Terra Losa Park. You can find pharmacies WEM Pharmasave Pharmacy and Edmonton Pharmacy within walking distance. There is great shopping at Standard Leather Goods. There are always new exhibits and events happening at Professional Jersey Solutions, DeSerres and Editions Gallery. Many gyms and fitness centers are popular with residents of West Edmonton. Some of these facilities are Crunch Fitness - West Edmonton Mall and HER GYMVMT Fitness Club - West Edmonton Mall in West Edmonton. Entertainment in West Edmonton is easy to come by with 5D Extreme Attraction at West Edmonton Mall in the neighbourhood. The school in West Edmonton is Stratford. There are many students in this neighbourhood as NorQuest College is located within it.