First Owners - Buying a Luxury Home in Oakville or Mississauga Which is All Your Own

First Owners - Buying a Luxury Home in Oakville or Mississauga Which is All Your Own

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If you've ever tuned in to home buying shows than you have likely seen what comes with buying a property that needs some improvements and what you get with condos for sale downtown Toronto or Mississauga based that are move-in ready. Some people love putting their stamp on a property while others want as little extra work as possible when they get home at the end of the day. One of the ways that you can get a little of both worlds is by buying a new construction and being the first owner.

The most common first owners that you will find are those who bought new constructions from developers working throughout the city. There are those that are offering a variety of homes in new subdivisions that will look like the country properties that you will find in Lindsay Ontario real estate and those that are building the latest and best condos in the GTA. While new constructions are usually going to be more expensive than their older counterparts you can save some money by buying before the building is done.

Those that buy before construction is complete will sometimes get to add some personal touches to the property at little to no extra charge. This ranges from Mississauga real estate listings that allow the new owner to choose the appliances and materials used in the kitchen to those that will simply allow you to choose some colors for the walls before the home is turned over to you. You will generally see a model home and can choose some custom items from there.

Mississauga is starting to get well known for its excellent supply of new condos. You could find something similar to the modern designs that you will find downtown in buildings like Tip Top lofts or something with a little more old-fashioned character. When you're the first owner with a condo you will get all of the benefits of being in a new construction home. But, you should remember that condos actually lose some value within the first few years. This is something you should consider if you're not planning to stay in this home for an extended period of time.

If you're looking for something a little more unique than a pre-construction property than you may want to consider designing and building your own home. This is a choice that's being made more and more by people who are just not finding what they are looking for with the available Mississauga or Oakville luxury homes for sale. It is also a great way of saving some money for those that do not need to move into their home right away. But you should remember that you will need to put in a lot of your own time to make sure your property is built right and the way you want it.




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Joanna Kalbarczyk, Real Estate Agent
45 Harbour Square
Toronto, ON, M5J 2G4
(416) 433-3414
The Ghent Group, Property Maintenance
43 Manitou Dr.
Kitchener, ON, N2C 1K9
(519) 581-7113