Buying a Vancouver Condo | 7 Mistakes To Avoid (2024)

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  • čas přidán 28. 06. 2024
  • Condos in Vancouver are a hot topic.
    If you are considering buying real estate in Vancouver…whether it’s your first home, you are moving to Vancouver for the first time or buying as an investment…it’s more than likely going to be a condo.
    (if not, be sure to check out my other videos about buying other types of property in Vancouver - • Buying a home in Vanco... )
    And while the price point for condos might be lower than for detached houses, you are still looking at spending some very serious money…and you don’t want to make a mistake!
    Over my career, I’ve seen and heard about countless mistakes when it comes to owning Vancouver condos. And so I made this video to help you avoid these mistakes, too!
    I've packed this video full of critical information that's going to save you from making disastrous mistakes and that will SAVE YOU MONEY!
    • Condos For Sale in Van...
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    • Vancouver’s Not for Ev...
    • Culture Shocks When Mo...
    ______________________________________________________________________
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    www.calendly.com/albrechtgroup
    People moving to Vancouver, BC reach out every single day, and I ABSOLUTELY love helping them. Don't hesitate to reach out if you are thinking of moving here because I can help make that transition SO much easier on you!!!
    Reach out Day/Nights/Weekends or whenever works for YOU!
    Sebastian Albrecht - Realtor
    Royal LePage Westside
    Call/Text Direct - 604-831-4837
    email: sebastian@albrechtgroup.ca
    website: www.albrechtgroup.ca
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    ______________________________________________________________________
    TimeStamp
    00:00 Buying a Vancouver Condo
    00:43 #1
    03:07 #2
    05:14 #3
    08:01 #4
    09:43 #5
    11:33 #6
    12:43 #7
    14:51 Bonus
    17:22 Buying a Condo in Vancouver

Komentáře • 23

  • @LivingInVancouver-BC
    @LivingInVancouver-BC  Před 6 dny +2

    Thanks for watching! I hope that you found this video helpful. :)
    Call/Text Direct - 604-831-4837
    email: sebastian@albrechtgroup.ca
    Book a call: www.calendly.com/albrechtgroup

  • @huskavarnaband
    @huskavarnaband Před 6 dny +7

    you want to avoid buying anything in vancouver, im a renovator, and every house we open up is built incorrectly or rotting. The vancouver market was a flippers market for the past 20 years, flippers cut corners for maximum profits, when you buy, you have to consider 100-300,000 in repairs needed to the home.

    • @OrdinaryFilmmaker
      @OrdinaryFilmmaker Před 6 dny +3

      I worry about overly renovated homes and once what they hide.

    • @KL-xv5gj
      @KL-xv5gj Před 6 dny +2

      Also it is now bubble! Prices too high to be truly affordable by many. Also lot of expenses after purchased must be factored into!

    • @OrdinaryFilmmaker
      @OrdinaryFilmmaker Před 5 dny +1

      @@KL-xv5gj Bubbles can last a long time. I feel we are in one in Ontario too... It's just jumping from one bubble to another... I can afford the jump, but something needs to change so everyone can afford a place to live.

    • @slman8227
      @slman8227 Před 5 dny

      炒房精英準備好被收割了,一齊向他們Salute🫡😎✌️🍾當然這功勞也要歸功於我們我金牌經紀🤝👏✌️😏

    • @babyjeero123
      @babyjeero123 Před 5 dny

      @@KL-xv5gj
      Last time I checked we are not making new land, whats there is there. And there are more people coming. Lol

  • @melissalopes6492
    @melissalopes6492 Před dnem +1

    Great video!

  • @ivorytelecaster
    @ivorytelecaster Před 6 dny

    Another great video. The importance of finding a quality building can’t be overstated. Not to mention, how a well maintained building also reflects on how proactive and competent the strata is

    • @LivingInVancouver-BC
      @LivingInVancouver-BC  Před dnem

      Thank you @ivorytelecaster! Agreed 100%! When helping clients buy into a strata, I feel this is the most important part of my job (guiding clients to solid, well-maintained and managed buildings) and my greatest responsibility.

    • @ivorytelecaster
      @ivorytelecaster Před dnem

      @@LivingInVancouver-BC this was one of the most shocking things for me when we started looking. One building in particular (you may know which one I'm talking about from the description) not only had general disrepair all around the common areas but once we dug in deeper we found out that all the windows had to be replaced sometime within the next 5 years. So, not only would you need to be ready to drop a chunk of extra money but also, be prepared to deal with an unorganized strata. No thanks!

  • @PacRic-gs4of
    @PacRic-gs4of Před 6 dny +2

    I would never want to buy into a development that has high rises. High rises need so much maintenance. And it gets more expensive the older they get. So if you're planning on buying a new one which you are going to sell in a few years that's fine. But just remember the really tall tower is it just takes the tiniest hole in order for them to eat because there are all kinds of pretty major forces that it has to withstand..

    • @LivingInVancouver-BC
      @LivingInVancouver-BC  Před dnem

      @PacRic-gs4of There really are pros and cons to every type of condo construction. Sure, some issues can be more complicated with a massive high-rise...but at least the costs are spread over more units. A low-rise can be simpler, but some costs can be considerably higher (eg the roof or the parkade membrane) and on top of that, you have fewer units to spread the cost around.

  • @OrdinaryFilmmaker
    @OrdinaryFilmmaker Před 6 dny +2

    Location, location, location. I like to swim - it helps my back, but if there is a close by public pool, then that's good enough or me and keeps my strata fees down. 1300 sqr ft or more is required because my son will likely live with us into retirement, and I need an area to have for my channel and make it sound proof for shooting 24x7. I understand 3 bedroom condos are rare, but how likely am I to see a condo north of 1200 str feet?

    • @tlcnorman2819
      @tlcnorman2819 Před 6 dny +1

      I see a lot of 1000+ sq foot condos in New Westminster. Older buildings, but worth looking into.

    • @jasonmok4110
      @jasonmok4110 Před 6 dny +1

      There are some 3dr in metro town cost around $1.3m

    • @OrdinaryFilmmaker
      @OrdinaryFilmmaker Před 6 dny +1

      @@tlcnorman2819 Thanks. Our primary target is grey point and kits due to close access to the ocean, transit lines and shop access. I'd go further out, but my wife wants the city access. We just came back from a visit and grey point continues to be at the top of our list.

  • @user-ge6wyJacqueline
    @user-ge6wyJacqueline Před 5 dny +1

    is it cheaper to get food from the super market instead of eating out all the time

    • @LivingInVancouver-BC
      @LivingInVancouver-BC  Před 4 dny

      @user-ge6wyJacqueline It'll depend on what you eat and where you shop...but generally, yes eating out will cost you more here than buying groceries and making your own food.

  • @landonbarretto4933
    @landonbarretto4933 Před 5 dny

    I emailed you, dude.