PROS AND CONS OF PRECONSTRUCTION
Pre construction is an incredible opportunity that many investors have used to make fortunes. The condo market is thriving in Canada and you can get in the market with a good purchase price if you know pros and cons of pre construction houses.
Preconstruction homes for sale are becoming increasingly popular in the GTA due to their numerous benefits.
Customizable House Design
Low maintenance fees
Brand new house
Less bidding & cheaper
BUT!
Like every other business, real estate also faces challenges that can’t be overlooked.
Construction Delays
Risky of not getting deal
Additional costs
Have to pay sales tax on new homes
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