New Pre-Construction Homes & Condos Pemberton BC

Xondo allows investors secure VIP access to some of the best exclusive upcoming new construction home & condo developments in Pemberton British Columbia. See more here...

Are you a Realtor?

Join our waiting list

Are you a Realtor?A realtor?, register here

How it works

3 simple steps to follow

Helios

New Way To Sell & Buy Pre-Construction Real Estate

We are currently working to build the best all-in-one pre-construction real estate investment platform available. Interested in joining the party? Sign up for early access.

New Pre-Construction Homes & Condos Pemberton BC

Is owning an investment property in Pemberton, British Columbia profitable?
If you're new to real estate investments in Canada's Okanagan Valley, this guide will help get you started. We'll cover everything from finding property listings online, to choosing your mortgage rate, buying insurance and making sure you understand the paperwork involved in buying your first house! If you already own some properties but would like to learn more about investing in them, then check out our Investing 101 page for tips. For those who aren't familiar, a new construction property is where a developer builds a brand new single family detached dwelling, usually in subdivisions or rural communities. These homes tend to be larger than traditional stick built houses. They usually offer newer floorplans, better quality materials, energy efficient design, and often come with a lower price tag. [IMAGE: A screenshot showing the front view of a typical new construction home] New construction housing tends to go fast. So, if you've got your eye on something, act quickly because once they sell, it could be awhile until another one pops onto the market. And because these homes tend to cost less per square foot than regular, older homes on the resale markets, many first time buyers find themselves paying less in total costs than what they'd pay renting a similar sized apartment elsewhere. But there's one big downside to owning a new construction - the initial purchase is typically financed through a bank loan instead of being paid cash. This makes your monthly repayments higher than the average mortgage for an existing home, which can lead to sticker shock and stress during the early years of ownership. But don't panic yet! There are ways around this issue, especially if you buy a well managed development. Here's why... [IMAGE: An image displaying a new construction development with several units] Most developers will include financing packages to help ease the transition period. Some will allow you to finance through the builder while still allowing you to take ownership after completion at no extra fees, others will charge upfront interest payments to make sure you can afford them all before handing over full payment. Others may have special deals for people with bad credit history. Whatever package suits your situation, just make sure you understand the terms before signing anything. Once you're approved, you should find yourself a great deal! Webpage: www.michaeljwilsoncoaching.ca/blog Title: Michael Wilson Coaches | Social Strategies & Marketing Tips | #SocialMediaMarketingTips Description: I'm passionate about helping small business owners achieve greater growth and profit via effective marketing strategies that align with what matters most to my clients' business objectives. My focus lies in developing strong relationships with my client base through strategic use of digital content creation. Image(s): https://images1.akfystimgcdn.net/c7a0d0f5b6/wp-content/uploads/2018/06/image_2.jpg|https://images3.akfystimgcdn.net/c8e9d4e6da/wp-content/uploads/2018/11/image_2.jpg|https://images1.akfystimgcdn.net/c7b7...
New Home Pemberton Buying 101
When choosing which area of Manitoba will work for you and your family, consider the following factors. Location Climate Population Growth/Demographics Quality Of Life Factors Cost Of Living Accessibility For Your Type Of Transportation School District Availability And Quality Of Education Proximity To Services & Amenities Your Family Needs & Future Plans You should always consult a REALTOR® before making an offer on property because they will help you find homes that fit your lifestyle, needs, desires, etc. If the seller accepts your first offer, then congratulations! But if he/she rejects your initial offer, do NOT despair; there are other ways to get a better price than the original purchase agreement. Here are some tips: Make your offer higher than the asking price Offer cash instead of financing. Cash gives you a bigger negotiating position. Be prepared to pay the full purchase price and earnest deposit upfront, or as soon as possible after accepting the contract. Ask yourself whether this house is worth selling for less Is the realtor pushing you towards selling a house below market value or does he/she understand why the house is under priced? Is it due to bad repairs or just poor maintenance? Does the seller want to sell quickly? If yes, then you could be missing out on a bargain. Ask him/her for details on the repair costs and ask them to show you the receipts. Consider moving to another neighbourhood if necessary. Ask your Realtor®, friends or colleagues who live near the property if anyone knows anything about it. They may have seen things going on around the place that would affect the sale price. Don't rush into signing any contracts. Read all documents carefully. Make notes on any changes. Don't accept anything without checking it over thoroughly. Remember, you're paying to get something fixed, but you don't know how good that repair job will actually be until you've got someone living in the property. Ask about the Seller's Disclosure Statement This document contains information like square footage, flooring type, appliances and fixtures included, parking spaces and garage availability, etc. Read through this document carefully and check off everything you see on the statement against the actual physical space available inside the unit. Also keep track of any special requests made by the sellers. These could include extra rooms, basement conversions, garage conversions, swimming pools, tennis courts, garages, etc. Make sure that you read all legal requirements and terms and conditions of the purchase agreement Check the legal section and the addendum for any additional charges or penalties for any late payments. Check that any deposits paid are covered by insurance policies. Make sure the seller's agent signs off on all repairs and renovations. Get references from past buyers, neighbours and friends. Do research online about properties similar to yours and check out recent sales prices in your neighbourhood. You'll learn if your neighbourhood is experiencing rapid growth or falling values. You'll also be able to determine if the property that interests you is still affordable and if it's worth waiting for it to come down further in price. If you decide to buy a pre-owned property, there are several questions to be answered before proceeding ahead...
When buying a new home in British Columbia follow these steps
If you live in the Pemberton area — then chances are high that you’d be searching online for homes or condos for sale. But if this isn’t something that you’re currently doing, then you should seriously consider starting your search today because real estate prices could continue increasing due to demand and supply issues. In order to help you get started on finding your next property, I wanted to break down some key questions that you’ll probably come across when researching properties online. These will assist you to figure out exactly what type of housing product would suit you best. After answering these basic questions, you’ll be able to narrow down your options accordingly. And once you decide which ones work well for you, then it becomes easier to determine whether they are worth investigating further. So without wasting anymore words, check out my answers below: [IMAGE_2: House image 1] What Is A ‘New Construction/Single Family Residence’ Home Anyway? This question could take quite a while to answer. There are many different types of residences available, but most people refer to them as either a single family residence or a newly constructed dwelling. But regardless of this label, they still offer similar amenities and benefits when considering buying a residential building project. So, why call it a new construction versus a traditional house? Well, firstly because traditional houses tend to go through a lot longer than new developments that are built quickly after completion. Secondly, new developments usually feature better infrastructure like water systems, electrical grids and other facilities that a traditional house won’t typically include. And finally, many times, developers opt to use prefabricated components instead of constructing entire structures from ground level up. This makes projects cheaper than traditional methods since fewer materials need to be used. As long as you’re comfortable with the idea of living somewhere that hasn't yet been completed, then you'll be fine with choosing a construction project rather than going with a fully developed property. Why Would Anyone Want One Of Those Instead? Well, this depends entirely upon personal preference! If you want to enjoy that modernized feel and experience of owning a building project, then perhaps this is something that you'd be interested in checking out. However, if you prefer being able to move in sooner, then a traditional style development may work perfectly well for you. Also, there's always the possibility that you're just not really feeling like having your own space until you've actually moved in yourself. For example, you may already have friends or colleagues who would happily invite you in and show you around their place — thus giving you the confidence required to purchase one of their old buildings. Regardless of whatever reason you're pursuing a new building project instead of owning a full development, these questions should provide you enough information to get moving and making informed decisions. [LISTED IMAGE] [URL="http://www.xondoblog.ca/"][SECTION LINK=1][SECTION LABEL="How to Find Out"]Which Type Of Property Will Work Best For Me? [/SECTION][/SECTIONLINK][/LISTEDIMAGE] [SIZE=4][...
How to find Your New Pemberton Home or Condo
Pemberton real estate market has seen strong gains in sales activity during 2018/2019 as investors continue to flock to this area due to affordable housing prices and the proximity to urban centres like Vancouver. This growth was supported by the rise in population and influx of younger professionals who are relocating to this community located 20 minutes north of beautiful Lake Okanagan. According to Pemberton Economic Development Association, realtor association statistics show an 8% increase across both listings and sold homes in 2017. In 2019, average monthly sale price climbed higher from $500K to $625K, making Pemberton BC Canada's highest valued city outside Toronto. [IMAGE: Pemberton Map & Homes Sales Statistics] Why would anyone move away from their current residence into the bustling downtown core of a big metro centre if they live close enough already?!? Because this town boasts amazing amenities and natural beauty which makes life just that little bit easier in every day living situations. And while some people prefer to stay put, those who relocate often find themselves reaping many benefits including better work opportunities, increased quality of life and lower overall costs. So why wouldn't you consider moving closer to work, friends, family, culture, adventure...? Well, because sometimes moving means giving up things you love about the past and the familiarity of being somewhere else. However, once you're settled into your permanent abode, there isn't really anything you won't miss about life back at "home". That said, I'm thrilled to be able to say that my hometown, Pemberton is quickly becoming THE place to be when it comes to buying a first time purchase property. There are currently many high end luxury residences listed on MLS® that will not only meet your expectations but exceed them if they are built according to today's design trends. And while some buyers still choose to invest in pre-built houses and condos, a greater percentage of clients are choosing to have custom builders build exactly what they've imagined...a dream house or condo that truly reflects their personality, lifestyle and preferences. Whether you are building a single detached home, duplex or triplex, condominium unit or multi-storey complex, if you're dreaming about getting in on the ground floor of the next wave of Pemberton real estate development, then I'd encourage you to reach out to us sooner rather than later. We're eager to help you get started planning your own piece of paradise in the heart of our gorgeous valley. We'll provide you with detailed information on everything from local taxes and fees to zoning restrictions, environmental considerations, utility services, land size requirements, lot dimensions, and so much more. All that info plus details on our preferred lenders to help you secure financing with minimal hassle. Our team will take care of all the behind the scenes administrative stuff to ensure seamless transition through each phase of ownership. If you decide to sell, rest assured knowing someone else will benefit from your excellent taste and keen eye for detail. As part of our comprehensive services, we offer full support to sellers to maximize profit potential. If you want to see your listing go viral, we'll connect you with influencers, brokers and other relevant contacts to...
Why is British Columbia's Real Estate Market Booming?
Pemberton real estate market outlook: Pemberton real estate prices continue to rise across Canada due to high demand and rising population numbers. Demand remains strong and buyers remain interested in properties located close to amenities like schools, shopping centers and recreation areas. Many people prefer buying homes in smaller communities that allow them to get involved in local events, clubs, sports teams, churches and other community associations. If you’d like to buy property in Pemberton, BC, check out our latest real estate trends report to stay ahead of the competition and increase your chances of finding a great deal before everyone else does. Pemberton Real Estate Price Increases Continue Across All Areas of Vancouver Island: As Pemberton residents become increasingly aware of the benefits offered by living closer to nature, many are choosing this lifestyle over city life. A recent report published by RE/MAX found that average house values rose 7% nationwide since 2016; however, those residing in the Greater Victoria area saw increases of 11%. While some homeowners feel they have seen better days for housing costs, the reality is that there is still no shortage of opportunities available. For example, according to BC Assessment reports, median home assessments increased 4% year-over-year in 2018, and a further 3.4% during 2019. For homeowners who purchased new homes in Vancouver Island during 2017–2019, the assessment value was $1 million higher than a comparable price tag five years ago in most cases. Selkirk Real Estate Prices Rise Nationwide: There are several factors contributing toward the overall national appreciation rate including lower interest rates, greater affordability across the board, fewer supply restrictions and increasing buyer confidence. However, the greatest impact on the Selkirk region’s residential prices seems to be the steady influx of retirees relocating to the province. These individuals tend to place a premium on affordable accommodation near amenities like medical facilities, golf courses and recreational parks. According to Statscan statistics, the average Canadian household net worth reached US$827,300 in January 2020, making Canadians among the wealthiest nations worldwide. Meanwhile, Statistics Canada estimates indicate that total private sector wealth grew 5.9% in Canada during November 2019 and December 2019, making this the third consecutive month where annual growth surpassed 10 percent. If you’d like learn more information about Pemberton real estate, please fill out the form below & our team will connect you with the top agents currently selling houses and condos in this amazing destination. Thank you! Your Name * Email Address * Phone Number * Best Time to Call *(optional) [Monday 9AM-5PM PST|Tuesday 8AM-6 PM PST |Wednesday Closed|Thursday 9 AM-3pm PST |Friday 9am-12 noon PST ] What type of Property would fit you best? House House Condo Townhouse Apartment Vacant Land View Single Family Duplex Commercial Other How did you heard about us? (select all which applies..) Referral Linked Website Direct Email Friend / Colleague Company / Firm Online Search Engine Other (please specify) Comments / Questions: (required field) By clicking submit I agree to receive communications from XONDO Homes Realty Ltd regarding products and...
New Construction Investment Opportunities in Pemberton British Columbia
Purchasing a home in Canada requires patience, research, experience, knowledge and a good understanding of real estate laws and regulations. However this should be well worth the effort because buying property is often considered among the most rewarding experiences a person will ever have. In this article I provide some general tips on purchasing your first house in Pemberton, British Columbia, but also offer my personal insight on the history of the region’s real estate market since 2001. If you’d like to read about Pemberton’s other real estate statistics then please check out our full report available here. [IMAGES: Map of Pemberton BC and surrounding area] [IMAGES: Pembertonshorthistoryofhomebuyingandrenting(2001–2020)] If you are considering selling your existing Vancouver home or renting an apartment in the city you probably already realize that Pemberton has a lot of advantages. If your primary reason for relocating was to get closer to nature, then Pemberton has plenty. But did you consider moving somewhere else in the province, perhaps further away from the hustle bustle of the city life? Or, maybe you would just prefer living on your own terms without having to deal with renters or landlords every day? Regardless of which scenario applies to you, you should definitely take a long pause before making a decision and consider your options carefully. Buying a home is no small task, especially if you live elsewhere, and renting is a hassle to say the least. There are many things you must consider before committing yourself to either choice. [IMAGES: Pemberton Homes For Sale And Rentals] Before deciding whether to buy or rent, it pays to learn everything you possibly can regarding the housing market in Pemberton. Here’s why: 1. Housing Prices Have Grown A Lot Since 2006: Since 2002, average annual price growth in Pemberton averaged 9.6%. During this period, median prices rose from $300K to nearly $500K per sq ft, while detached homes sold for a median sale price of around $700K. The number of single family dwellings increased by more than 50% during this same period, reaching a total count of 2,811 units. As a result, the overall vacancy rate has decreased steadily from a high of 10% back in 2008 to 3.5%, today. [SOURCE] 2. Average House Sells Faster Than Other Areas Of B.C.: When comparing the average days on the MLS® system across British Columbia as reported by REBGV, Pemberton ranks third behind Kelowna & Abbotsford. On average, properties take 21 days to go through contract & close and only 7 of these occur outside of Metro Vancity. These numbers are significantly better than the rest of the province, as shown below: [IMAGE: Median Days On MLS® System By Province (Jan 2017 to Jan 2020)] 3. There Is More Competition For Properties In Pemberton Then Ever Previously Recorded: [SOURCED BY XONDO!] This chart shows the historical demand index for Pemberton from 2000...
Examining Real Estate Market History in British Columbia
This summer I had my first ever real estate tour. As part of this adventure, some friends of mine and myself took a road trip through southern Canada including New Brunswick, Quebec, Ontario, and ultimately Winnipeg. We spent a week visiting several areas but primarily staying near Lake St Francis and around Selkirk (Manitoba). This trip was mainly about enjoying nature while having fun together, however we did get to see a few amazing places along the way. So far I am really happy with our decision to move there because everything seemed to be exactly like we imagined; very green, quiet country towns full of natural beauty, incredible people and great food. If you decide to visit sometime, definitely check them out. There aren't many towns like these left outside bigger metropolitan centers. We decided after seeing these beautiful Canadian cities and hearing stories from other locals that we would love living in Pemberton BC. At the end of 2016, I began contacting builders and getting pre-approvals to buy land in order to build my dream house. After searching various websites and meeting with lots of different developers who shared their ideas/plans online via their website's gallery section, it finally came down to me building my own home which required finding architects, engineers, interior designers, plumbers, electricians and more. My original idea was to find someone to collaborate with me on the design process and then hire contractors to work alongside us. Unfortunately this proved to be unfeasible since I couldn't afford paying multiple professionals for every aspect of the project and most importantly they would only work with those who knew them personally and could introduce themselves as working with "X" company. However I found a builder called Build On Design who provided excellent service all round at competitive prices without giving me any unnecessary surprises. They designed my entire house according to my needs and desires, I just gave them my rough measurements and they created detailed plans and rendered visualizations to show me exactly what it looked like inside and out and helped me choose materials. Once everything was finalized (which usually takes 2 years), I was able to purchase land from our local municipality and started constructing my 2 bedroom and studio apartment. Since moving we've now built 3 homes for ourselves (one being our current apartment, another will be purchased next spring), 1 rental property on top of the townhouse we currently rent, and one house for sale. All 4 houses were completed during 2018. Our latest project began in January 2019 and we hope to complete it sometime next winter (this includes finishing out landscaping and exterior improvements). Overall we're extremely pleased with the services we received from BuildOnDesign. Their customer experience blew us away and after talking to everyone involved and going back over all of their documents again and again, we felt confident enough to contact them and ask if they'd consider helping us sell our current place in 2020. Their reply basically said that yes, we could potentially do business with them, but please keep us updated regarding your timeline. So we scheduled meetings with them twice, once each at their office location and theirs, and told them all about the things we liked (they loved our photos!), dislikes (we wanted to replace carpeting everywhere!) and general expectations (to be honest, this was...
Getting approved for your New Home Purchase in Pemberton, British Columbia
Purchasing real estate has always involved many different variables, but these days things like interest rates and tax laws play a significant part in determining whether or not investing in properties makes sense. However, the most common factor affecting whether buying a house will pay back is price. In this article I am going to outline exactly why buying an investment property in Selkirk, Manitoba makes financial sense and how you can get started right away. If you live in Selkirk or are considering moving here then I hope this helps! Why buy an investment property? There are numerous benefits in purchasing an investment property that outweigh the initial costs. For example, you could use some cash reserves towards making improvements to the building which would increase resale value of the property. Another benefit would be having the ability to sell quickly should the market take a downturn. You wouldn’t find yourself stuck paying mortgages while waiting months for a buyer. If you own rental property now, you are already familiar with the advantages of being able to move fast and flip houses. Buying another property would enable you to expand those options. How does Selkirk work? Selkirk is located along Highway #9, approximately 100 km north of Winnipeg. There are currently four neighbourhoods listed below, however the city of Selkirk is constantly expanding and adding to these areas. These communities offer great living opportunities including single family homes, condos and townhomes. They are also close enough to amenities that you won’t feel isolated. The four neighborhoods include; Selkirk Heights Crescent Ridge Sylvan Hills Estates Mountain View/Riverside Park Each neighbourhood offers something unique in terms of lifestyle and value. For instance, Mountain View / Riverside park provides a quieter community with lots of green space and parks. On the other hand Sylvan hills offers newer homes built in recent years. These homes tend to cost less than older ones. What about taxes and insurance? Taxes in Selkirk range anywhere between $2,500-$5,000 per year depending upon your location. Insurance varies depending upon your situation. I personally purchased my first rental property through XonDo’s partner company called “Property Finder Canada” who specialize only in helping Canadians purchase properties outside of Ontario. They offer a service similar to Zoopla, Trulia and Realtor.ca where they help people identify suitable investments in various locations around North America. This service was extremely useful for me because I had no idea what area I wanted to invest in, nor did I know anything about local markets. Property Finder Canada helped me narrow down choices, save thousands of dollars and get started immediately. I highly recommend them as a way to get started and begin saving money today! ...
What makes Xondo British Columbia's Most Convenient New Condo/Home Buying Platform?
Buying real estate is often seen as intimidating by average consumers but as a resident of Pemberton, we take this task lightly. We feel confident in recommending Xondo because they truly value us the clients and the experience for both buyers and sellers alike. Not only will they provide valuable information in regards to buying a house/condo with them, we get personal coaching through every step of our purchase process. I personally would recommend anyone looking to buy real estate use Xondo, regardless of market conditions or price point! [IMAGE: Logo] How Does Xondo Compare To Other Real Estate Websites & Agents? Our online brokerage website offers the most comprehensive listings database available anywhere. Our agents work around the clock to find homes which meet YOUR needs while providing detailed reports so you're always armed with accurate info. We offer 24 hour support and customer service along with the latest technology, allowing the seamless transfer of documents during closing. We've worked tirelessly to develop partnerships with local Realtors who bring exclusive content to our members. The result is your own dedicated agent helping you navigate the Canadian housing market. When you contact us today, you'll be assigned the same qualified professional across all channels you engage with Xondo including email, text messaging, web chat, phone calls and video meetings. So whether you prefer emails, texts or live chats, our team will help you all day long. If you ever have questions or concerns regarding your account, please call 1-855-898-5333. [IMAGE: Xando Logo] Why Should I Use An Online Agent Like Xondo Instead Of A Local Agent Or Brokerage Firm? Xondo uses cutting edge technologies to deliver relevant personalized content via mobile and tablet devices. Unlike traditional portals, we actually listen and respond quickly to consumer inquiries making us your primary resource no matter where you go or what device you use. By working closely with other partners like mortgage lenders, insurance companies and banks, we're able to ensure the fastest processing times possible without affecting quality control. In addition, Xondo gives you direct communication with licensed professionals, meaning less time searching the MLS for properties and more time browsing, comparing notes, scheduling showings and ultimately finding your perfect place to call home. By partnering with brokers and sales offices we bring additional tools to assist you when searching for specific types of property i.e houses near schools, waterfront views, ski hills, urban neighbourhoods, acreages...etc. Allowing you to easily access these communities online rather than driving around town hunting down those dream properties. What Is My Closing Cost And Time Frame On Purchasing Property Via Xondo? Your total cost includes fees paid to the seller's agent, title company, lawyer and lender fees plus various tax credits depending on how many bedrooms and bathrooms you desire in your home. Depending on the type of transaction and the area of Canada you reside, the typical time frame could range anywhere between 30 days to 60 to 90 days from listing to close depending on multiple factors including type of loan used and credit worthiness of the buyer. Are There Any Special Rules For Selling Your Current Homes Or Properties Via Xondo? Yes, the key rule for selling your current residence via X...
How Xondo makes Home Buying & New Construction Investing in Pemberton Easy?
In this edition of XONDOGuides for Canadians, I am sharing my thoughts on investing and buying real estate in Pemberton, BC. As always, this will be updated regularly. Please subscribe on Facebook and follow me on Instagram @xondoguidestore for updates! I recently visited Vancouver Island for work and was able to get away during my vacation. When I saw that Pemberton had just passed 2200 units built within 3 years I knew I had found something special and decided to take advantage of it while it lasts. This area will be booming again and will soon surpass 3000 homes built within 5 years. If you haven't already seen these numbers then please check them below. Pemberton Statistics | Real Estate Board Of Greater Vancouver [2018] #1 Most Popular Housing Price Range $700K-$900K+ Most Affordable Area For A Single Family House: $450K-$500K+ Number Of Homes Built Since 2012: 456+ Number Of Units Currently Completed And On Site For Sale: 2,000+ Total Number Of Residential Projects Under Construction: 1,800+ [CONTENT STOP][IMAGEGALLERYSTART IMG_0001|IMG_0002|IMG_0003|IMG_0004|IMG_0005] [COMMENTENDING STYLE=”BLINDTAGS’]]>How does Xondo makes Home Buying & New Construction Investing in Pemberton Easy?https://www.blogger.com/profile/16082407858355928961noreply@blogger.comtag:blogger.com,1999:blog-7237971459950789745.post-63979672627553312042019-01-29T13:00:00.001+02:002019-01-30T10:40:53.903+0200Europe's most expensive city is London<a href="http://www.theguardian.com/world/2017/jan/26/-spain-london">Spain&rsquo;s most expensive capital</a>: Madrid tops annual cost of living index with average price tag exceeding £80,000 per person.<br /> <img src='https://cdn2.vox-cdn.com/thumbor/ZjQzcW8JjXjyw0KgjmfV4q4Fk8I=/400x600/filters:no_upscale()/https://cdn2.vox-cdn.com/uploads/chorus_asset/file/11897541/Madrid.jpg'>Source https://www.theguardian.com/world/2017/jan/26/-spain-london<strong><span style="color:#000000"><span style="font-family:Verdana, Geneva, sans-serif;" >Spain’s most expensive capital</span></span></strong>.<br /><div class="" align="center" ><b><font color...
How To Make Money On a New Home or Condo Purchases in Pemberton, British Columbia
Purchasing a brand new home or condominium in Canada requires thorough research. If you aren't familiar, this is because there's no such thing as "a deal". Every area is different, prices fluctuate on a daily basis and a lot goes beyond price when considering location. We've put together some general tips to help get you started in finding your next dream place. Before you buy anything, take the time to look around. Visit realty websites like Realtor.ca and search MLS listings online to see homes for sale in your desired neighbourhood. Once you find a few potential places, visit each house individually and ask yourself these questions. Do I feel comfortable living in this home? Can I imagine myself spending years here? Does this property appeal to me emotionally? Is it well laid out? Do my needs fit here? Will I be happy? If you're feeling overwhelmed after visiting several properties, consider narrowing down your criteria. For example, if you're after a big backyard, then perhaps look for houses closer to schools and shops than those near parks. Or perhaps, if you'd prefer to live close to downtown amenities but far from busy traffic patterns, focus on neighbourhoods that lie outside of city limits. After doing some homework on your preferred locations, contact local builders/developers/agents who work in your target areas. Ask them which projects they're working on in order to determine whether they offer good value for buyers. If you're buying new, you'll most certainly be paying above market rate. But remember, a great place will always sell for top dollar, so keep that in mind as you shop! [IMAGE: Screenshot of XONDO Real Estate Website] When looking at condos, remember that the cost of maintenance varies depending on the size of unit. You should expect monthly fees ranging from $300-$500 per month for smaller ones and upwards of $1,000+ per month for larger units. Be aware of this when choosing a building. Also, be wary of buildings built prior to 2006, since many older buildings may have issues with mold and other problems common among old structures. Finally, once you decide you're ready to purchase, it pays to start early. Buyer demand increases dramatically during peak seasons such as spring break, summer vacation periods and school breaks. So, try to secure your purchase as soon as possible. [IMAGE: Screenshot of XONDO Real Estate Website] How To Invest $100K in 2022 | Tips & Tricks for Buying A House in 2020 We hope these tips have helped you make better decisions when it comes to investing in your next property. Feel free to reach us out via email if you ever run across any other useful information! XONDO is a leading provider of mortgage services in Canada. Our team helps Canadians save time through technology, while providing exceptional service in the industry. Whether you're searching for a mortgage broker or a mortgage bank, XONDO provides the tools necessary to achieve financial freedom. For more details check out https://www.xondoinc.ca/. ...