Buying Pre-sales in a Buyer’s Market

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.