Presale Properties... Why are they so popular today?

If you have thought of making Pre Sale Properties part of your Real Estate Investing or Future planning here are the top 5 reasons why pre-sales are becoming so popular in BC:

1. Lower Prices: Pre-sale properties in Canada often come with a lower price tag than finished homes. This is because developers want to sell units early on in the construction process to secure financing and lower their risk. By purchasing early, buyers can take advantage of today's prices and save money.

2. Customization: Canadian pre-sale properties often allow buyers to choose their own finishes, such as flooring, countertops, and fixtures, to create a home that truly reflects their style and personality. This allows buyers to have a say in the final product and create a home that feels uniquely theirs.

3. Investment Potential: Pre-sale properties can appreciate in value over time, making them a potentially valuable investment in the long term. As the Canadian real estate market continues to grow and develop, the demand for new homes is likely to increase, making pre-sale properties a smart choice for buyers who are looking to invest in the country's future growth.

4. More Desirable Locations: Pre-sale properties in Canada are often located in desirable areas that are poised for growth, such as up-and-coming neighbourhoods or areas with new infrastructure projects underway. By purchasing a pre-sale property in one of these areas, buyers can potentially benefit from the increased property values that come with the neighbourhood's growth and development.

5. Extended Payment Timeline: Canadian pre-sale buyers typically have the option to make smaller payments over a longer period of time, making it easier to manage the financial burden of purchasing a new home.

Overall, pre-sale properties offer several advantages that make them an attractive choice for Canadian buyers who are looking for a new home. From the lower prices and customization options to investment potential and desirable locations, pre-sale properties offer a range of benefits that finished homes may not provide.

We have several projects coming up this year in various parts of the BC Lower Mainland so If you would like to know more just drop me a note or give me a call

"Doc" Livingston. Pre-Sale Specialist.