Buying Seattle Condos From the Ground Floor

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Buying Seattle Condos From the Ground Floor


Today's Seattle condos offer buyers much more choice than would ever have been available ten years ago. A new kind of condos for sale on the market, known as designer ready or pre construction condos, are filling the Seattle real estate listings. What makes these Seattle condos different than other offerings is the ability of buyers to purchase long before the units are completed. This way buyers can  choose the unit style, flooring, kitchen design, appliances, cupboard materials and other elements before the condos are even built.

 

The demand for Seattle condos has continued to be strong even as the housing market softens, and investors are looking to pre construction condos more and more. People can put a down payment on any of these pre construction condos for sale and sign an agreement with the developers that they will take ownership of the condo. Then they don't have to start paying the mortgage until the condos are complete, at which point their value should have appreciated greatly. The best deals on Seattle condos are often in the pre construction phase. Online listings such as New Condos Online actually specialize in new condos, so they have the most pre construction listings available in one place for buyers to peruse.

 

These designer-ready condos for sale give buyers unprecedented choice in the final appearance of their home or investment property. The Seattle condos in the downtown area in particular are being made available in this stage more often. This gives buyers a great selection of condos for sale to choose from, since they're getting in when all the units are still available. The average downtown Seattle condos also appreciate rapidly once the construction is complete, so buying early is also a great investment. The fact that these condos will automatically be the most updated in regards to interior design, appliances, electrical work and plumbing makes them the most appealing, as well.

 

Buyers often hire interior designers as soon as they sign the contract, so the actual work can begin as soon as the condos are completed. Buyers can generally choose from a couple different kinds of pre construction Seattle condos; “white box” and “gray box” condos. The white box units have some drywall, doors, baseboards and molding done, but buyers can still choose what type of carpet, appliances and other items they would like installed. When people purchase gray box condos for sale, though, nothing has been installed. This puts the most choice in the hands of the buyers as to exactly what they want their condos to look and feel like.

 

In many cases, developers will suggest a design firm that has worked with them in the past, or has worked with other Seattle condos. They can show digital images of how the finished condos will look once everything has been completed. After making a down payment and agreeing to buy one of these condos for sale, the design firm will work with the general contractors to complete the unit to their specifications. This really is the buyers' chance to design their perfect Seattle condos and get a great deal at the same time.


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