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Understanding the Location Advantage in Pre-Construction Condos
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When it comes to investing in pre-construction condos, “Location” plays an amplified role.
In this episode Nicole runs through a checklist of location factors to consider including the importance of proximity to transit hubs, neighbourhood amenities, and the potential for future growth in property value.
There are clear benefits to investing in pre-construction condos, such as a seven-year home warranty and the potential for limited issues due to the newness of the construction. But you need to think about what kind of tenants you’ll attract, supply and demand, and the characteristics of the neighbourhood when choosing a location for investment.
Listen For
8:15 Why the Importance of Location is Amplified with Pre-Construction Condo Investment
12:36 Master Planned Communities
13:40 Walking Score and Neighbourhood Statistics
14:34 Tenant Quality and Supply-Demand Dynamics
Contact Nicole Lopez
Real Estate Agent
Royal LePage Credit Valley Real Estate, Brokerage
Email | Website
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