Even a Green Thumb Gardener Can Enjoy Kelowna Condominium Living
The Kelowna property market is getting better with age. Sellers are getting double-digit appreciation in their properties. They only loser is the buyer who has to dig deep into his or her pocket to buy a home. But it is not a bad thing; your property will equally appreciate after a few years.
Let us be honest. It is a tall order to buy a single home in Kelowna right now. The prices have gone off the ceiling and you could go bankrupt in trying to own a home. But that does not mean you have to be homeless. Buying a condo is an interesting venture. Well, it is different from owning the conventional single home but you will have a place to call home. Additionally, so many perks come with buying a condominium but that is a topic for another day.
If you decide to buy a condo in Kelowna, these pro tips would get you a deal real fast:
- Do your homework: you have decided to buy a condo and that is now settled. It is time to know Kelowna condo market: what it has to offer and for how much. Having a general idea of what is in the market and the rates will enlighten you on the best decision to make.
- Establish whether a condo is the “right fit” for you: you need to ask yourself: should I be buying a condo? A condo is different from a single-family home. For instance, you will be sharing a compound with your neighbors. You should be ready to live the kind of life in a condominium setting. Once you have this settled it will be easy to find the right fit for your needs.
- Get your finances in order: just because you are buying a condo does not mean you can take it easy with the finances. As we just said, Kelowna is a booming market and nothing is going to be cheap (sorry for the candid truth). Put your financial sources in order and ready for the purchase.
- You need a real estate agent: It is a different ball game buying a condo. Many contingencies come with the process and being a first time buyer you cannot do it all alone.A real estate agent knows all there is to know on the buying process. Nothing will be left out of process and you will proudly have a roof in your head.
- Predict your future: this sounds stupid I know. Anyway, who would accurately predict their future? But you will need a future plan before you commit to buy a condominium. For instance, for how long do you see yourself living in the condo?
- Garden Opportunities: There are many condo complexes with community gardens, so walk around the area and see if there is a plot available. Also if it is a townhouse you may have some outdoor space on the ground floor to plant your vegetables other wise patio gardening is becoming very popular.
The reason why predicting your future is important is because condos do not appreciate as fast as other residences. So if you are not going to live for long you should not hold hopes for selling it much more that you bought.