So you have decided to buy a condo in Ottawa… what’s next? It’s important to ask questions and make an informed decision regarding the largest purchase of your life. We don’t always know what to ask until after the fact, so here are five great questions to ask when buying a condo.
Question 1: What do my condo fees pay for?
Condo fees are a part of condo lifestyle, but be certain you know what those fees entitle you to as an owner. By knowing in advance what is included with your condo fees, you will be able to make an informed decision as to which condo community is best suited to your needs. For example, condos geared toward young urban professionals may have different services covered compared with an adult lifestyle community. Prior knowledge also eliminates surprises down the road should a major repair need to be addressed that is not covered under the scope of condo fees.
Question 2: Can my voice be heard?
Is there a condo board I can be a part of should I wish to be? If being involved and having a say in the running of the condo community you live in something of importance to you, you should ask if there is a board you are eligible to join.
Question 3: Are there enforceable rules I need to be aware of?
This is both preventative and proactive information to have. If you are having a get together that runs into the late hours of the morning and are causing quite a bit of noise, it would be advantageous to know of any quiet hours that are enforced within the condo so as to be compliant and keep the peace with the neighbours! Likewise, it is good to know that your wishes are protected if you prefer a bit of peace and quiet.
Question 4: Who is the builder?
The pride of the builder should be evident throughout all areas of the condo. A builder with integrity who stands behind their name will answer any questions and offer information relating to the design that prove to be important to a potential buyer. After all, you are buying their product and they should want you to be happy with your purchase.
Question 5: What are the garbage disposal regulations?
Each condo building will have a different way of collecting trash and you want to be sure it’s a system that works for you. Depending on your age or position in life, having to haul your garbage across the grounds to a communal garbage disposal area would be helpful information to have prior to the purchase.
Asking questions and educating yourself on the ins and outs of condo living is the only way to make a truly informed decision. If you have any questions at all about living at Qualicum Woods Crossing, the best valued condos in Ottawa, get in touch!