Condo & Townhouses - What to consider before buying
Condos and townhomes are some of the most popular home choices in Vancouver. They come in many variations and offer a convenient lifestyle. If you are thinking of buying a condo or townhome, there are some things you need to investigate to ensure you make a sound decision. Take a moment and ask yourself some questions which may end up saving you a lot of time, money and frustration.
How does the area around look?
A building and the interior of the home can look nice in pictures but can look very different when seen in person. Are the grounds well maintained? What do the nearby homes look like? Are there nearby stores, parks, transit, and schools? It's a good idea to take a quick walk to see the surrounding area.
What are the rules and regulations set by the strata?
Rules and regulations are important in condos and townhomes so you should familiarize yourself with them from the very start. Here are some things you should consider looking at: Is there guest parking? When are recreational facilities (pools, clubhouse, fitness room) open?
Are pets allowed? Are you allowed to use a grill outside? These are just a few examples of what to look at for homes with a strata.
Do residents like living there?
Talk to a few residents in the community or building that you’re considering to see if they like living there, keep note of any complaints. Take some time to do a bit of research before deciding on a condo or townhome, this can prevent you from making a bad investment.
For everything else, don't hesitate to reach out to your local professionals. Your experienced local professionals are trained to keep an eye on the progress and able to share with you valuable information such as "words on the streets".