Pre-Construction Condos For Sale in North Park
About North Park's Pre-Construction Condos For Sale
A great neighbourhood in Victoria, you will find 2 Pre-Construction condo buildings within North Park 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 Harris Green and Victoria nearby which have Pre-Construction condo buildings. This neighbourhood is a Walker's Paradise with a walk score of 91. Excellent Transit is available in North Park. This neighbourhood is a Biker's Paradise with a bike score of 99.
North Park Condos For Sale
Established as one of Victoria's condo hubs, North Park, has a total of 6 condo buildings. North Park is a perfect fusion of modern and hip condos, there are 1 Mid-Rise, 5 Low-Rise and 2 Pre-Construction. The condos for sale in North Park include great amenities. Condos for sale in North Park are on the market for an average of 39 days. North Park had 18 condos sold within it in 2020, an increase of 200% compared to the year before. Last year condos for sale in North Park had an average sale price of $$397,061, an increase of 21% from the year before. North Park is a Walker's Paradise with a walk score of 91. This neighbourhood is a Biker's Paradise with a bike score of 99. Excellent Transit is available in North Park. You can find the neighbourhoods of Harris Green and Chinatown nearby.
Grab some fresh goodies at nearby bakeries Wildfire Bakery and Allison Shelrud Cake Design. Foodies won't be disappointed by the presence of Romeo's. Do you love to be outside? There are great parks in North Park such as Franklin Green and Central Park. You can find the pharmacy Bahr's Pharmacy in North Park. SOF is a shopping center in North Park that has something for everyone. There are always new exhibits and events happening at Empty Gallery. If your condo building does not have it's own fitness center, locals of North Park work out at Island Boxing and Zuma Ultimate Martial Arts. Animal enthusiasts, good news Fernwood Vet Clinic is in North Park. Entertainment in North Park is easy to come by with Intrepid Theatre Box Office in the neighbourhood. The local schools in North Park is NATALIE BELL.
