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.
Maple and Brant are nearby neighbourhoods with Pre-Construction condo buildings. This neighbourhood is Very Walkable with a walk score of 80. Some Transit is available in Downtown Burlington. This neighbourhood is Bikeable with a bike score of 69.
The lively condo neighbourhood of Downtown Burlington in Burlington has many great buildings to choose from with a total of 35 condo buildings. These include 12 High-Rise, 7 Low-Rise, 7 Luxury, 15 Mid-Rise, and 2 Pre-Construction. Condos for sale in Downtown Burlington offer something for everyone. Condos for sale in Downtown Burlington are on the market for an average of 25 days. There were 466 condos sold in Downtown Burlington in 2020. Downtown Burlington saw an increase in the number of condos sold by 340% compared to the year before. Last year condos for sale in Downtown Burlington had an average sale price of $$695,820, an decrease of -6% from the year before. This neighbourhood is Bikeable with a bike score of 69. Some Transit is available in Downtown Burlington. Downtown Burlington is Very Walkable with a walk score of 80. Maple and Brant are nearby neighbourhoods.
Pane Fresco, Kelly's Bake Shoppe, and The Sunshine Doughnut Co. are great bakeries in Downtown Burlington. If you are looking for coffee Lola Choco Bar And Sweet House and Pane Fresco offer great options in Downtown Burlington. Locals of Downtown Burlington love dining at Di Mario's Trattoria. Downtown Burlington offers a lifestyle full of green space for outdoor lovers, parks include Terry Fox Memorial and The Naval Ships' Memorial Monument,. Downtown Burlington Brant Lakeshore Pharmacy & Purolator Shipping Center and Remedy'sRx - Elizabeth Street Pharmacy are a short walk away as well. The North Coal is a shopping center in Downtown Burlington that has something for everyone. Downtown Burlington is lucky to be home to a hospital, Joseph Brant Hospital. Downtown Burlington has many local events taking place with Frederick Fine Art, Art Gallery of Burlington and PK1 Studio & Gallery catering to the arts scene. 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. Animal enthusiasts, good news Cat Hospital of Burlington is in Downtown Burlington. The school in Downtown Burlington is Ecole elementaire Renaissance.