CondoAdvisory Blog

OK, I know I may be a little harsh, but it gets to be a bit much reading and listening to the news daily, it is little wonder that the general feeling about the real estate markets in Canada is very negative.
In the Financial Post article, Canada’s housing market ‘traking’ U.S. boom and bust, a [...]

It seems insurance is always one of those things that people try to find a reason not to buy.
This seems to be especially true when it comes to condos. The Buildings themselves all already insured by the Strata so there is no need for fire insurance etc. As a result people feel that it is [...]

Your daily project failure list is updated again. It seems we can’t get a break form major condo projects being put on the blocks for one reason or another. Surrey’s Sky Towers fails to get financing
Although this is obviously concerning, and coupled with the news we see every day it scares a lot of people, [...]

When buying any real estate, or any large purchase for that matter, you should always make sure to read your contract very clearly and know what you are getting into.
This applies two fold to buying pre-sale condos because it is often a couple years out and things can change as we have seen in numerous [...]

Selling a condo in Greater Vancouver today can be a challenge, With the market in what almost seems like a holding pattern, there are very few sales.
Normally pricing condos is quite easy, there are usually a number of comparables to look at and prices are quite obvious based on other recent sales of similar [...]

Gauvin 2000 Construction has been conducting a 3 year experiment on building envelop technology.
It is great to see that someone is taking an active interest in ensuring that the leaky condo issue will be one of the past rather than timeless. It is often easy to rely on one method and think that it is [...]

As many people feel the leaky condo issues are behind us, they forget that the buildings they live in need to be maintained in order to ensure problems are minimized.
Rain-screen is great but not a guarantee of a problem free building. A lot comes back to Strata and making sure they are looking after the [...]

Onni, a major developer in Metro Vancouver is being investigated by an arm of the provincial government after CTV found it was still selling condos even though construction has been halted at one of its projects, V6A at Main and Union. This puts yet another twist in the ongoing concerns over developers and new developments [...]

Seems that almost daily there is another development that has been put on hold.
This time it is a Millennium project at Park Royal in West Vancouver. That’s right, the same developer that is building the Olympic Village and was in the news recently for concern over large cost overruns for that project.
In this case there [...]

With people already nervous about the economy and the real estate market cool down, another development in Vancouver has been halted during the initial construction phase.
The Ritz Carlton Hotel/Condo project has been halted for a parking redesign and not due to the recent financial crisis and real estate market downturn, but even so purchasers and [...]