When looking for a condo, establishing your own set of criteria is important. You want to buy the best property for the money while avoiding unwanted hassles. Here are some aspects to consider when looking at the various UBC condos for sale.
Location
Condominiums have become increasingly popular because of their proximity to workplaces and businesses. Make sure you take advantage of this convenience by selecting a property that is near your job, or near public transit you can use to commute.
Picking a condominium that is off the beaten path may seem like a good idea for avoiding the bustle of an urban setting, but you will miss out on one of the biggest benefits condos can offer. Only choose a condo that is distant from major hotspots if your love for the building severely outweighs its location.
Size
Condos come in a large variety of sizes and shapes. The type of condo you choose can affect how your furniture will be arranged, and consequently how your living space will feel.
Try to choose a condo that matches your size needs almost exactly. Something too big for your needs will result in extra costs that may not be beneficial to you. A condo that is too small or cramped can become unpleasant over the years.
Remember to ask if there are differences between the units when looking at a complex. Condos on different floors or sides of the building may have completely different square footage and floor plans.
The Owner’s Association
When you buy a condo, you are entering into cooperative ownership of the building, not just single ownership of a unit. Understanding how your relationship will be with the condo owners association is important for predicting your enjoyment of your property.
Meet with as many of your future board members and neighbors as possible to get an idea of the relationship between the association and others in the building. You should also carefully review your owner’s agreement to understand any rules you will have to follow and fees you will have to pay.
Consider Amenities Last
Many condo buildings have tempting amenities such as pools, private gyms and clubhouses. While these are enticing, unless they are providing you with a service you would have been paying for anyway, you may want to reconsider them being a major factor in your decision.
Make sure that the unit in the building meets your basic criteria before adding any perks or amenities to your list of positives. Remember that you will be paying for these services as part of your association dues. If you do not think you will use them, they should be lower on your list of priorities.
With enough careful deliberation, there is no doubt that you will be able to find a condo you love in UBC. Take a look at our property listings to see the types of units we have available.
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