Buying a Home: Pre-Construction Facts

Pre-construction condos are a popular option for buyers. Buying any property is a big investment, but buying a condo has unique considerations. If you are considering putting your hard earned money into a property that hasn’t even been built yet , you’ll need to ask the right questions to ensure that your builder will deliver what you expect.

As your realtor, I can walk you through some of the steps you can take to make sure your investment is sound.  We’ll talk to condo owners who have been through the experience with the same builder, and find out what their experience was like. I’ll help you determine the right time to buy – often earlier in the project is better, as builders increase the costs as the project progresses. We’ll look at neighbourhood features and future developments that may have an impact on traffic or views. I’ll help you decide on a floor plan that works best for your needs, and point out anything that may affect resale values. Lastly, I’ll help you navigate the purchase agreement and deposit, making sure you understand every single thing you are signing.

Pre-construction doesn’t have to be scary. Having a trusted advisor to help you through the steps will make you feel confident you are making the right move. Ready to get started? Give me a call.

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“Lisa’s attention to what is really important made buying my own condo as a single mom an easy and wonderful experience. Lisa really takes the time to get to know her clients and build solid and long-lasting relationships with them so that she knows what they need even before they do. I ended up purchasing a condo in the same complex as the very first property she showed me. I still needed to look around to feel comfortable with my decision, and Lisa patiently researched and showed me over 15 properties that met my criteria. Every night that I sit on my balcony and watch the sun set over Vaughan, I quietly thank Lisa for being so patient and helpful in getting me into the place I’m happy to call home.”