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Factors to Consider when Buying a Newer Unit

When considering buying a newer unit, it’s important to understand that while there are advantages, there are also drawbacks. Whether you’re comparing newer and older buildings or specifically looking at newer units, here are some key factors to keep in mind: Age Range: Newer units are generally less than 10 years old, with a focus […]

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Decoding Strata Documents: A Buyer’s Guide to Making Informed Decisions

Navigating the Complexities of Strata Documents: An Essential Guide for Buyers In the vibrant real estate market of Vancouver, BC, strata ownership offers a distinctive mode of property purchase, where buyers own their individual units while sharing common areas like hallways, gardens, and recreational facilities. Governed by the Strata Property Act of British Columbia, this […]

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Understanding what a Strata actually is

You might be wondering, what exactly is a strata? In Canada, particularly in provinces like British Columbia, the terms “strata” and “condominium” are often used interchangeably, but they do have subtle differences in their legal definitions and application. A strata title refers to a form of ownership where individuals own a portion of a larger […]

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Exploring Home Value: Assessment, Appraisal, and Market Value

Buyers often question why the listed price of a home differs from its assessed value, while sellers frequently reference their assessment when discussing their property’s worth. Why the disparity between these figures? In the process of buying or selling a property, you’ll encounter three distinct value assessments: the assessed value (determined by the government), the […]

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Embarking on a Pre-Sale Condo Purchase Journey

Many individuals have inquiries regarding the purchase of a pre-sale condo, and understandably so. The process differs significantly from acquiring a typical resale condo. When you opt for a pre-sale condo, you’re essentially buying the unit directly from the Developer, often before construction commences, and in some cases, even before completion. This entails entering into […]

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