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houses have gone through the roof and the amount of new condo developments have given everybody an opportunity to find an affordable home.
Vancouver's boom in condo development has resulted in an opportunity for young Vancouverites to find affordable homes in the city they love.
Why Have Condos Become so Popular?
Vancouver's boom in condo development has resulted in an opportunity for young Vancouverites to find affordable homes in the city they love. The popularity of condos can be attributed to many reasons: lower entry level costs compared to houses, no property upkeep required, stunning views, living directly in Downtown or right along skytrain lines and a long list of amenities in buildings. The Strata will take care of upkeep on the building and common areas so busy homeowners will not need to worry about mowing lawns or fixing roofs and the amenities provide direct access to pools, gyms, game rooms, party rooms and much more.
Communities with a Focus on Condos
Busy professionals enjoy living in the condos in Coal Harbour because it is within walking distance of the business sector of Vancouver while younger couples like to live along the skytrain line in either South Vancouver or Burnaby, where there are many new condo developments at a more affordable price that have direct access to the city. Many of these newer developments are used as investments by people who rent out the condos to students or recent grads as a way of supplementing their income.
If you are looking for a condo in Greater Vancouver there will never be a shortage of available options, however that only makes it that much harder to find the right one. By contacting Alice Yaneff Real Estate you can work with an experienced professional who can talk you through the process and narrow down the condos to only those that have the amenities you desire in the price range you want.