Kelowna Condos for Sale | Find the Best Condos for sale in Kelowna
Kelowna Condos for Sale
You can find many Kelowna condos for sale in this beautiful and thriving city because the real estate market has evolved a lot in the last couple of years. Living in a condo has both advantages and disadvantages but, depending on what you value the most, a condominium in Kelowna may be the perfect choice for you.
Firstly, condos are more affordable than single unit detached houses, and you don’t have to worry about the maintenance. There are shared costs, amenities you have access to (like pools and fitness clubs) and, in general, the life in a condominium can be very comfortable. Of course, the decreased level of privacy and, sometimes, the strata fees can turn out to be significant disadvantages for some people, so this is why you need to know the golden rules of buying a condo before deciding to embark on this journey.
Rule No. 1: Be Cautious with Bargain Prices
A very good price for a condo may get your attention, but don’t rush into the buying decision. Sometimes, a bargain comes with strings attached, in this case, high strata fees. If a good condominium placed in an excellent position has a very low price, you need to be careful and get all the information you can. It may be that the owner is in a hurry to sell, in which case you are lucky to have found the apartment, or there may be something wrong with the condo, usually very high maintenance fees.
Rule No. 2: Consider Future Resale Value
For many people, a condo represents only the first step in owning a house. Most people live in condos until they decide to extend their family and move into a townhome or single unit detached house. Even if the condominium lifestyle seems the perfect one for you, just take a moment to consider the resale value of your house in the future, before buying it. To estimate this value, take the neighbourhood into account, the house’s proximity to city centre, the demographics and, of course, the quality of the building. It is a good idea to buy a condo with the potential of increasing its market value over time than to spend money on a house that will have a lower market value in the future.
Rule No. 3: Get a Top Real Estate Agent in Kelowna
This is, perhaps, the most important rule when buying a condo. A top realtor will know if there is something wrong with a condo that is selling for a bargain price and they can estimate a house’s market value evolution in time better than anyone. After all, it comes with the job. Besides that, a real estate agent knows exactly what you want and has access to the best listings in Kelowna. Having somebody to guide you in the journey means not having to worry about the whole buying process and simply enjoying the ride.
At G&G Real Estate, we have the best realtors in Kelowna, and our highly skilled team is here to help you find the perfect home. Contact us for more details and get to see fabulous listings among which you will surely find our dream home.
Schedule an appointment with Dave and Joel to discover how you can find a great condo. Call Us at (778) 760-3373.