Pre-Construction Condos For Sale in Rutland
About Rutland's Pre-Construction Condos For Sale
A great neighbourhood in Kelowna, you will find 2 Pre-Construction condo buildings within Rutland with condos for sale. There were 14 Pre-Construction condo units sold in Rutland in 2020 when the average sale price for Pre-Construction condos in Rutland was $360,725. In 2020 Pre-Construction condo units for sale in Rutland had an average of 69 days on market. The Pre-Construction condo building with the highest Dork Rating in Rutland is Eden Kelowna with a rating of 60 in 2020.
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.
The most active Pre-Construction condo building in Rutland in 2020 was Eden Kelowna with 14 units sold. Eden Kelowna had the highest average price per sqft in 2020 for Pre-Construction condo buildings in Rutland with an average price per sqft of $458.
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.
If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Ben Lee and Rutland Centre West are nearby. Rutland is Car-Dependent with a walk score of 36. This neighbourhood is Bikeable with a bike score of 66. Some Transit is available in Rutland.
Rutland Condos For Sale
Established as one of Kelowna's condo hubs, Rutland, has a total of 30 condo buildings. Rutland is a perfect fusion of modern and hip condos, there are 2 Mid-Rise, 2 Pre-Construction and 28 Low-Rise. Many condos for sale in Rutland feature excellent amenities perfectly located in Kelowna. Condos for sale in Rutland spend an average of 64 days on market. Rutland had 162 condos sold within it in 2020, an increase of 131% compared to the year before. Condos for sale in Rutland had an average sale price of $$305,361 last year, an increase of 12% from the prior year. This neighbourhood is Bikeable with a bike score of 66. Some Transit is available in Rutland. Rutland is Car-Dependent with a walk score of 36. You can find the neighbourhoods of Athans and Uptown Rutland nearby.
Whisk Cake Company Bakery is a great bakery in Rutland. Coffee shop lovers will appreciate local cafe's like Dosa Crepe Cafe and Whisk Cake Company Bakery. Locals recommend eating at Shambhu's Spice house in Rutland - they have great food! You can spend the afternoon enjoying the outdoors at parks in Rutland like Hartman Road Community Garden and Brighton Park. Shoppers Drug Mart is a conveniently located pharmacy in Rutland. Many gyms and fitness centers are popular with residents of Rutland. Some of these facilities are 9Round Fitness, Dog Park and Okanagan Gymnastics Centre in Rutland. Local schools of Rutland include Heritage Christian and Rutland.
