There are significant differences between buying a new condominium and a previously owned (resale) unit. When deciding whether to purchase a new or resale condo, it is wise to consider the advantages and disadvantages of each.
Some Pros of Buying a New Condo:
Some Cons of Buying a New Condo:
Some Pros of Buying a Resale Condo:
Some Cons of Buying a Resale Condo:
Still not sure if condo ownership is right for you? Or are you planning to buy or sell a property? Contact us today! We’d be happy to answer all your questions, and when you’re ready, get to work for you!
Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time. For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.980.2828, email firstname.lastname@example.org or visit WeSellLeduc.com.
Referenced from https://www.cmhc-schl.gc.ca/en/buying/condominium-buyers-guide/chapter-4-buying-a-condominium
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