Four Factors to Consider in Choosing a Housing Type

Condos, apartments, duplexes, and single-family detached houses are several types of housing that may appear confusing to first-time property buyers. If you are not careful, you may end up regretting your purchase because it will affect you for years ahead. Therefore, this article has compiled four essential factors to consider before you sign any property deal.

Your Lifestyle

tall buildingsFirst, your home must be suitable for your lifestyle. Some people do not need a big house with a big yard because they are not good enough in maintaining them. If you want to have a garden, yet you are too lazy to take care of it, then a condo unit is your best housing option. In Toronto, Canada, Grand Park Village Condos is the best example of a housing type that can accommodate people with a practical mindset. You should visit their website to see more.

Second, if you get bored easily with one place and tend to move around, then renting an apartment will be your most reasonable option. However, you should consider buying a detached house in a strategic area for investment.

The Facilities You Need

Apartments and condos are the most suitable housing types for you if you want to live with lifestyle amenities. However, it is important to note that only high-end apartments have facilities. On the other hand, most condos usually have at least a fitness gym and a park in them.

If your work leaves you exhausted, a sauna and spa facility will boost your wellness for sure. If you like to socialize after work, then buying a condo unit with a bar in the lobby will be a perfect option. You have to know precisely what facilities you need most in your life so that your house will be more than a dwelling place, but a home.

The Neighborhood

It would be naive to think that the surroundings of your property do not affect the quality of the life you have in your home. Therefore, do a quick check on the local newspaper and see the crime rates there. Do not get tricked by property that is built close to a business district. It does not directly mean that the place is safe

Your Big Plans

a baby's cribThe big plans here include your decision to get married and have a kid. If you buy a condo and want to have a baby next year, then you must pick a unit that is large enough for a crib, extra cabinets, and a play space. Even if you decide to purchase a single-family detached house, you have to think about whether or not there are potential dangers in the house.

Besides, marriage alone means bringing another person to live you with you. And that person has his/her own personalities and preferences. Therefore, you will need a residential place that can be flexible enough to decorate and modify. And in this case, a studio won’t be a good choice.…

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Top Reasons You Should Own a Condo in Toronto

Condos are becoming more and more popular in Toronto with time. This is perhaps the reason as to why a majority of people are opting to invest in them over other options. There are many reasons for this, some of which are highlighted below.condo units

Great Investment

The prices of real estate usually go up with time, more so if the demand keeps on growing as is the case with condos in Canada. This means, as you learn more about the listing, condos are a safe investment that offers high returns. The chances of the value of a condo reducing are quite minimal, especially if it is in a convenient location. With the many financing options available in current times, there is no reason as to why you should not invest in a condo.

Services Offered

Condos are designed to offer a hotel-like living experience. This means that you will not have to concern yourself with maintenance and other time-consuming kinds of work. You will not have to worry about mowing your lawn, maintaining your swimming pool, pest control or overall security among others. The homeowners association will take care of all that as you focus on other things that may be more important to you.

Enhanced Lifestyle

A condo can allow you to live the glamorous life that you desire at a very reasonable cost. The designs of the units, for example, ensure you enjoy modern convenience with sophisticated minimalist styling. Great views, large windows for abundant natural lighting, fantastic finishes, balconies, and terraces are just some of the other things that you will enjoy when living in a condo. There is also an array of other amenities that you can enjoy, such as swimming pools, conference halls, gym, and private garage among others.

Convenience

Condos in Canada are typically located near towns or large settlements where space is limited. This makes condo living convenient as access to banks, schools, supermarkets, hospital, and place of work becomes a lot easier. You will be able to save a significant amount of money on transportation over time. Condos are also springing up in suburban areas in places close to shopping centers, transit hubs, and service centers, offering an attractive alternative to the traditional homes.

Affordable


If you are working on a limited budget, a condo might be a great idea as it is quite cheaper compared to a detached housing unit. You will spend much less yet still get to enjoy all the benefits that a homeowner does.…

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Why Architects make Fine Developers

An architect plays a significant role in the real estate space. Architects are capable of taking stock of the design and development process. Architectural services offered during development sums up to a small percentage of the total project value. Some argue that architecture is at the bottom of the pyramid when we are looking at the financial structure. When considering contractors, developers, subcontractors, clients, we realize that architects take on themselves great responsibility and receive low compensation. When added to the stress of being unable to command a project entirely it becomes vivid why many architects are unable to get into real estate or transform their offices into design builds.

The trend might be in its early stages, but it indicates an emancipatory change is going forward. This trend will see more architects take greater responsibility and curve themselves a niche in the industry. Nevertheless, with this new sense of ambition, comes new challenges. Coming up with a project from scratch needs a set of business expertise which might be taught in architectural school. The question remains whether architecture can bridge this divide when it comes to the specifics of actual project development. Briefly described are a proof architect’s taking up the role of developers.

 

Pros

building jobUnderstanding the Building Process

Throughout their education, architects learn about design and building construction. This is accompanied by direct project management experience which encompasses various roles. The roles range from leading project teams to administering construction contracts. All this is done by negotiating with contractors and clients on their monitoring and scheduling processes. This varied experience ensures that architects can complete their construction on schedule and under budget. Apart from the general skillset acquired, architects develop expertise in various niches.

 

Quality Output Increasing Market Value

The expertise provided by architects significantly impacts the financial value of any given project. For instance, sustainable features on the design area property value raiser. In real estate marketing, the selling pitch focusses on the features that are special and unique. More people today consider high-performance properties to be energy efficient, resulting in a liking for design certifications that are green-centered. This significantly raises the selling price of a given home. Apart from getting the right certifications, architects know how to make incredible structures on limited spaces. A broader strategy can be employed when reconciling profitmaking to achieve social change and increase the quality of life over time. More architects are working as property developers and are hiring creative and innovative solutions. The new approach involves solutions that developers usually reject or overlook.

 

condominiumKnowledge of Cities

During their training, architects learn the fundamentals of placemaking rather than creating environmentally detached objects. Architects developers are trained to consider how projects sit and relate within any given context. This guarantees their survival long-term and how it will benefit the client, surrounding neighborhood, and the architect’s career. An architect can identify real potential in a vacant plot that does not seem valuable to a passerby.…

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