For those searching for their dream home, the luxury properties in Point Grey Road, Belmont Avenue, West Vancouver and other rich Vancouver neighbourhoods may just be what you’re looking for. As seen in various news sources, such as The Huffington Post where the excerpt below was taken, the Vancouver luxury real estate market is in its prime and is predicted to continue its streak. Since the real estate prices will most probably prevail in its rise, investing on your dream home in the lovely city is just practical at the moment.
“The luxury home market powered ahead in Vancouver last year, fuelled in part by redevelopment of teardowns by builders in prime, or upcoming neighbourhoods, according to a new study by RE/MAX looking at upper-end real estate trends across Canada.
Defining luxury properties as those listed over $2 million, the study found that 1,609 Vancouver properties sold at that or above in 2013, making it the second-best year for that category of property ever.”
Before you buy, create a list or detail the aspects of your dream home. Be comprehensive and all-inclusive such as in enumerating the home’s proximity or accessibility to your workplace or other key places, neighbourhood ambiance, and must-have features. Team up with reputable real estate agents to thoroughly search and negotiate for the home matching your specifications and the value your financing will allow.
Qualifying and responsibly investing in that $2 million and over bracket entails meticulous preparations. It would be advisable to consult mortgage brokers to have your buying capabilities assessed and quantified. Co-signers like relatives can be sought to allow mortgages to be more desirable. Once your finances are in order, you can comfortably and wisely scour for your choices.
Companies like Vancouver Canada Homes are reliable in catalyzing your purchase. With certified REALTORs on your side, searching among the viable Vancouver luxury homes for sale would be speedy, smart and satisfactory. Whether you’re a first-time buyer or an experienced real estate player, their professional aid will ensure that your transactions and investments are in your best interest at all times.
(Source: Vancouver Real Estate Shows Thriving Luxury Market , The Huffington Post B.C., January 28, 2014)