Purchasing the right condo
Buying a property is easy; it can when you are ready to sell that has the biggest impact. No one wants to be marketing their condominium for 12-24 months; however that's what I see sometimes. To be able to avoid this, there are some 'rule of thumbs' to follow. The following is my set of important standards to follow when buying a condominium for eventual resale:
Location, location, location… besides price this is the top of everyone's top priority. You want to either buy in an up and coming area, or an area that is already happening. Close to public transport, shops, restaurants, or some sort of feature that attracts people like a hospital or market. To get more information you can also navigate to this website.
Balcony – Any property that I sell that won't have a balcony, easily deters about 80% of buyers. People like to be able to walk out there and most importantly BBQ.
Views – You might think windows facing a parking lot or an unattractive building doesn't bother you, however it will most buyers. With lots of condos to choose from, buyers will choose a great view over a brick wall every day.
Garage area – If you are buying a condo, having a garage area will give you an advantage come resale. Worst circumstance scenario, make sure that it has exterior parking. Winters in Montreal are a hoe and people don't wish to be shovelling snow on the street for parking or having to walk a great distance to get from their cars to their door.