The Victoria real estate market is cooling down and inventory levels are rising, yet we are not yet seeing a major reduction in prices. If you are thinking of buying a pre-sale condo, now is a great time.
Developers don’t like to lower the sticker price. This hurts future sales and the development in general, but they are more likely to offer other incentives:
- Decorating allowances and cash incentives
- Strata fees pre-paid
- Property Transfer Tax Paid
- Vendor pays GST
- Premium or multiple parking spots
As always, using our expert services we offer you full REALTOR service. Contact us today to enlist our services when buying a pre-sale.