When you buy a Langley condominium unit or townhouse complex, there are certain things you should always keep in mind.
The structure:
See if the building built was really designed to be a condominium or town home complex. If it wasn't, there would be obvious signs of conversion on the structure. If you really want to make sure, check with the local city planning office. Ask for the plans that were submitted to them by the developer. Conversions can look inconspicuous and it could even better than the old design. However, noise and insulation problems may arise from this since the original design was made for a different purpose.
Insist on having a building inspection done for a condominium or town home unit that you are keen on acquiring. Building inspection techniques and methodology for condos are somewhat different from traditional houses. Some costs that you may incur in the inspection may fall under the responsibility of the association.
Most inspections also cover the common areas of the building. Some building inspection procedures may involve invasive techniques to be able to identify particular structural integrity concerns. Aside from hiring your own building inspector, it would also be a good idea to find out if the strata have conducted a recent comprehensive building inspection. This inspection should be signed by a qualified independent engineer. Have your building inspector assess the survey that was done.
The community:
Get to know the people who live in the complex. Try to feel if there is a sense of community in the surroundings. You can often gauge the sense of community just by spending time in the common areas.
Check if people are friendly. A little smile and eye contact can typically confirm this.
Are the residents happy and satisfied? Do they value and respect each other?
Mingle with some of your would-be neighbors. Introduce yourself and find out what they are like and how they react.
The extras:
Does your unit have a parking area? If so, find out where it is located. The location of the parking area should be convenient and safe.
Check if the complex offers extra storage area. Find out the details, whether these are free, communal and secured.
Pools, hot tubs, gym area and other amenities - Check the general condition of these amenities. Are they maintained well? See also if they comply with all legal and safety regulations.
Get a professional opinion:
Do not rely too much on your realtor. You should also have a real estate lawyer go over the rules and agreement for your complex. Spending a few extra hundred dollars to cover your bases will give you less headaches in the long run.
Not keeping these factors in mind might lead you to end up with a less than ideal home purchase.
Andrew Szalontai is a realtor and Langley condominium expert who has spent years buying and selling condos and real estate in Langley and Surrey.
For more information on how to save thousands of dollars in your next purchase of Langley property, please visit Andrew's Langley Real Estate website.
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