There are many benefits to buying a pre-construction condo, including:
- Lower price: Pre-construction condos are often sold at lower prices than completed units, allowing you to potentially get a better deal on a brand new condo.
- More customization: Depending on the development, pre-construction condos may allow for more customization options, such as choosing finishes, layouts, and upgrades.
- Potential for appreciation: If the development is located in an up-and-coming area or the market trends towards appreciation, you may see a return on your investment over time.
- Newer amenities and features: Pre-construction condos often come equipped with the latest amenities and features, such as fitness centers, pools, and smart home technology.
- Delayed payment: Depending on the payment structure, you may be able to delay some of the payment until the condo is completed, giving you more time to save and plan.
It’s important to note that buying a pre-construction condo also comes with risks, such as potential construction delays, changes to the final product, and changes in the market. Enso Realty can help you do research and work with a reputable developer and we can ensure you make an informed decision.