Moving to a new real estate development is an exciting thing! More and more people are buying presale homes across Canada. This is a great way to get in on the market and find a home that’s new and tailored to your needs. However, buying homes in new developments in West Kelowna can come with some risks. It is important that you get the information right before your sign off on your new home. From planning to speaking with contractors, there’s a lot to keep in mind when you’re looking at purchasing a home in a new development. For more information on what to consider, follow along in the article below!
Things to Think About When Buying Properties in New Developments in West Kelowna.
Developers will often sell homes before they are built, especially in a community setting. This is called a presale home. Presale homes are available for purchase prior to being move-in ready. Oftentimes, this means before construction has begun! This is an important fact to consider when purchasing a home in a new development. Before you commit to buying, make sure that you know when the home will be move-in ready. And, give yourself some flexibility with that timeline. You never know when there might be a global pandemic that delays construction 😉
It is also crucial that you speak with the contractor or at least do your due diligence on them. The last thing you want is to move into a home that is poorly constructed and not reflective of the design you originally proposed. Make sure that your contractor has a stand-up reputation. And, if you can, try and visit one of their previous builds to get a sense of their real-life work. You could even speak with a previous client to be extra cautious.
Lastly, ask lots of questions. This cannot be stressed enough. When you are looking at mock-ups or renderings of the home you will be buying, make sure that you ask about all of the details. For example, what are the exact sizes of each space? How big will the appliances be? How much cabinet space do I have? Is every home the same in dimensions and finishings? What lighting will be included? All of these questions are essential when you are looking to purchase a presale home.
Contact Me Today!
If you have any questions about purchasing real estate in West Kelowna, contact me today! I’d be happy to help you find the perfect home in a new community here in West Kelowna. Feel free to reach out with any questions or concerns that you may have about a property in the area. I look forward to working with you soon!