What to Look for When Buying a Piermont Grand Condominium? : Lebainmarie
Posted by admin On April - 22 - 2019 0 Comment

Well it is no surprise that the condo market is not doing that entire great for sellers. Over the in 2015 the data reveal a decrease in sale volume and price. Average days to market a condo are currently 123 days, contrasted to 90 days in 2009. The construction of apartments is still going solid and there are not enough purchasers to walk around. In NDG/CDN alone there are about 950 condominiums available for sale, and given that January 2015, there were 435 sales in those locations. Which indicates it took 6 months to sell 1/2 the item on the marketplace. And this area is among the fortunate ones.

So what to do?

Getting real estate is a fantastic financial investment. 12 years ago after checking out Rich Dad, Poor Dad by Robert Kiyosake, persuaded me that I wanted to enter into property. I obtained my license and also acquired my initial residential property. Since then, with the real estate I possess, my equity grew from 50,000 to 300,000. Whether it is a residence, condo or plex, purchasing the appropriate one make a difference to your pocket book.

Acquiring the best condo

Purchasing a condo is easy; it is when you are ready to sell that has the most significant effect. No person intends to be selling their condo for 12-24 months; nonetheless that is what I see occasionally. To prevent this, there is some ‘guideline’ to adhere to. Below is my checklist of vital standards to adhere to when getting a condo for ultimate resale: besides price this is the top of everybody’s top priority. You want to either acquire in an up and coming area, or an area that is currently taking place. Near to public transport, shops, restaurants, or some sort of feature that attracts individuals like a health center or market.

  • Veranda:  Any type of condo that I market that does not have a veranda, quickly prevents about 80% of purchasers. Individuals like to be able to go out and most notably BBQ.
  • Sights: You might assume home windows encountering a parking lot or an unsightly structure does not trouble you, however it wills most customers. With lots of condominiums to choose from, purchasers will pick a bird’s-eye view over a block wall any type of day.
  • Garage: If you are purchasing a Piermont Grand condo, having a garage will certainly provide you a side come resale. Worst situation circumstance, make sure that it has exterior car park. Winters in Montreal are a bitch and individuals do not want to be shoveling snow on the street for car parking or having to stroll a country mile to receive from their autos to their door.

Comments are closed.