What Holds More Value Pre Sale Or Re sale condos?

By
Real Estate Agent with One Percent Realty

BC Condos For Sale, What Holds More Value Pre Sale Or Resale condos?

 Pre Sale Condos / Re Sale Condos

BC condos for sale in the Lower Mainland are rising in popularity as baby boomers make the foray into hassle-free housing and new immigrants look for more affordable housing. With both resale and pre sale condos available, which is the better investment? 

bc condos for sale

 

BC condos for sale contain many deals in today's Pre sale condos, there is also many deals in today's re sale condo market so which one is the better investment? 

BC Condos for sale:

 There is some risk in buying pre sale condos, but if you do your research, and go with a credible builder, then you significantly reduce the chance of a bad investment. Some major factors to consider when looking for BC condos for sale / pre sale condos are the following!

1. You normally buy pre sale condos before they are even built. Typically you need to put 15-20% deposit down with out even seeing the finish product and without taking possession of your new home for another year or more and how do I know for sure if the value of my pre sale condo will appreciate in value? 

2. BC condos for sale vary quite differently in price. How does the price of the pre sale condos compare? Do resale condos effect the value of  pre sale condos?

3. When purchasing BC condos for sale, How can you be sure of what your getting while purchasing pre sale condos?

BC Condos for sale - The Answer

Always use an experienced Realtor when purchasing pre sale condos! Working with a Realtor who has experience purchasing pre sale condos prior to construction is key to being able to assess the strengths and weaknesses of each project. BC condos for sale vary in price, area's, amenity's and more. You need the expertise to guide you through the market to inform you on the best decision possible! Without working with the right Realtor you might not realize that the prices in the area you’re looking at have already increased in value, or that you negotiated your own deal on price, but didn’t negotiate other important details including getting the upgrades you want and having building costs capped by the builder. It’s not just about price, it’s also about value! You need to be able to put aside a builders flashy advertisements or promotion offers and seek professional advice!

If your thinking of buying pre sale condos and you have any questions feel free to give us a call. The Property finders are experts in dealing with both Pre Sale and Re sale condos. We are experts on BC condos for sale!


The Property Finders

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Sean- 604-726-1023

The Property Finders

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Anonymous
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Paul McEwan

What a great blog! I thought having landed on a Maple Ridge home that promised $1500 in my pocket from rent revenue with only $20,000 down. Our family is seriously looking in Maple Ridge. Yea, we're Vanouver Townies gettin' out of Kitsilano - but I digress. Finding this blog looked like a saviour to our anxiousness of such a large move.

Then I started looking for dates. When was this dream house posted? Now I'm starting to wonder if it's even real. Maybe it's just an add like the big ugly one upon scrolling down advertising selling a home for just $6900, (don't miss the big asteric).  

I think I'll just click on over to Jason Exner's site. His Dad having been on the real estate board and Jason his son has a great site that within a few clicks I can see some real homes for sale, view them on a map, see some images, save them to my favourites and on it goes.

I know you're not going to approve this post so I guess I am speaking to you personally. This is a terrible blog. It is the epitome of real estate agents holding information to get business (yea, I saw your number there to call you). This method is old school and agents like you are the reason the non-competition act is pushing for change, (something I actually don't agree with oddly enough - more to do with privacy than anything else).

I see a real reason for using an agent when buying or selling. Not because they are hiding information and I need to kiss their feet to get it. It's because they are area specialists or demographic specialists or house style specialists or relocation specialists or ... pick a niche.

I want a real estate agent. Not a used car salesman.

Sorry friend to sound so shitty but really, this is not what the Internet is for.

Mar 17, 2012 12:51 PM #1
Anonymous
Anonymous
Paul McEwan

What a great blog! I thought having landed on a Maple Ridge home that promised $1500 in my pocket from rent revenue with only $20,000 down. Our family is seriously looking in Maple Ridge. Yea, we're Vanouver Townies gettin' out of Kitsilano - but I digress. Finding this blog looked like a saviour to our anxiousness of such a large move.

Then I started looking for dates. When was this dream house posted? Now I'm starting to wonder if it's even real. Maybe it's just an add like the big ugly one upon scrolling down advertising selling a home for just $6900, (don't miss the big asteric).  

I think I'll just click on over to Jason Exner's site. His Dad having been on the real estate board and Jason his son has a great site that within a few clicks I can see some real homes for sale, view them on a map, see some images, save them to my favourites and on it goes.

I know you're not going to approve this post so I guess I am speaking to you personally. This is a terrible blog. It is the epitome of real estate agents holding information to get business (yea, I saw your number there to call you). This method is old school and agents like you are the reason the non-competition act is pushing for change, (something I actually don't agree with oddly enough - more to do with privacy than anything else).

I see a real reason for using an agent when buying or selling. Not because they are hiding information and I need to kiss their feet to get it. It's because they are area specialists or demographic specialists or house style specialists or relocation specialists or ... pick a niche.

I want a real estate agent. Not a used car salesman.

Sorry friend to sound so shitty but really, this is not what the Internet is for.

Mar 17, 2012 12:52 PM #2
Anonymous
Anonymous
Paul McEwan

What a great blog! I thought having landed on a Maple Ridge home that promised $1500 in my pocket from rent revenue with only $20,000 down. Our family is seriously looking in Maple Ridge. Yea, we're Vanouver Townies gettin' out of Kitsilano - but I digress. Finding this blog looked like a saviour to our anxiousness of such a large move.

Then I started looking for dates. When was this dream house posted? Now I'm starting to wonder if it's even real. Maybe it's just an add like the big ugly one upon scrolling down advertising selling a home for just $6900, (don't miss the big asteric).  

I think I'll just click on over to Jason Exner's site. His Dad having been on the real estate board and Jason his son has a great site that within a few clicks I can see some real homes for sale, view them on a map, see some images, save them to my favourites and on it goes.

I know you're not going to approve this post so I guess I am speaking to you personally. This is a terrible blog. It is the epitome of real estate agents holding information to get business (yea, I saw your number there to call you). This method is old school and agents like you are the reason the non-competition act is pushing for change, (something I actually don't agree with oddly enough - more to do with privacy than anything else).

I see a real reason for using an agent when buying or selling. Not because they are hiding information and I need to kiss their feet to get it. It's because they are area specialists or demographic specialists or house style specialists or relocation specialists or ... pick a niche.

I want a real estate agent. Not a used car salesman.

Sorry friend to sound so shitty but really, this is not what the Internet is for.

Mar 17, 2012 12:53 PM #3
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Sean Jordan

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