• Vancouver First Realty

Factors Affecting Presale Property Value

Updated: Aug 25, 2017



Community + Convenience

Apartments in areas surrounded by grocery stores, coffee shops, and restaurants are typically easier to sell or rent out, and for higher amounts than those without these conveniences. People may also prefer to live in an area with an established community, with nearby parks and community centres.


Schools + Education

Families with children may consider the proximity and rankings of local elementary and secondary schools when searching for a home. Many post secondary students will also choose to live near the school campus.


Transportation

Many people rely on public transportation for their commute to and from work. Having easy access to public transportation is a key factor in value. With the addition and extension of multiple SkyTrain systems in Metro Vancouver and Fraser Valley, it is becoming a highly popular choice to live in proximity to a SkyTrain station


Amenities In The Building

Homes with luxurious features and amenities can attract buyers or tenants who would be willing to pay a premium to live in the building. Some examples of these features include:

  • air conditioning

  • high ceilings

  • swimming pool and hot tub

  • gymnasium

  • rooftop terraces lounges


Parking + Locker

Many families in Metro Vancouver own at least one vehicle, and would prefer to be in a home that offers a parking stall (or maybe two!). The inclusion of a storage locker is also a bonus that could increase value.

  • Vancouver First Realty Facebook
  • Vancouver First Realty Twitter
  • Vancouver First Realty Instagram
  • Vancouver First Realty Youtube
  • Vancouver First Realty LinkedIn
Wix MLS IDX Integration

Copyright 2018 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, and BC Northern Real Estate Board. All Rights Reserved. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.