What's Most Important to Consider Before Purchasing a Luxury Calgary Condo?

Finding the right place to live is very important. If you're considering a luxury condo in Calgary, you may want to look at a few things first. Here are some of the most important things to consider before buying a luxury condo in Calgary.

The Location is #1

Of course, you want to find the perfect location for your specific needs and wants. There are plenty of luxury condos to choose from in Calgary and you certainly need to find the right location for you. Whether you prefer the East Village or the downtown area, make sure you get the location right for you.

The Condo Fees

Another thing to consider is the condo fees. Some luxury condos may have a monthly fee of $1,000 or more. This will provide an indicator of the potential problems within the building.

What's the Average $1 per Square Foot in the Building?

Since many of the luxury condos in Calgary are mixed into buildings with other smaller units, it's important to know the average cost per square foot in the building. Using a realtor that can calculate the proper amount per square foot for your luxury condo can help you from paying too much.

The History of the Building and Property

Just like the location is very important, so is the history of the property. You have to look at both the unit and the building. This will show you how it has been taken care of, how the listing prices have changed throughout the years and many other things about the property.

Age Restriction for Building

If you're retiring or looking for a quieter building, you may want to choose a 50+ building. This will allow you to get a space without the worry of a lot of noise in the building.

There are many other things to consider about a luxury condo in Calgary. Make sure you are making a smart decision for your next condo purchase.