Types of Real Estate: Which One Suits You?

Wednesday, July 30, 2014

A lot of choices exist for people on the lookout for a Vancouver residential property that many are finding it hard to decide on a type of real estate that suits their needs and lifestyle. To help, here are some of the most common kinds of residences available in the area:

It is the most common form of living space. This structure is normally found in suburban areas that are close, but are not within the vicinity, of commercial districts. This type of real estate is ideal for people raising kids or are planning to start a family.

This kind of residential property is a cross between a house and a condominium unit. Normally, townhouses are preferred by people who already have houses in far areas but need to have a form of living space within Vancouver because their work is located in the city.

A condominium is a large complex divided and sold in individual units. Condos are commonly built as high-rise residential buildings and are located within, or close, to the commercial district, which brings them closer to facilities like malls, hospitals, and schools.

Luxury Property
This can be in the form of any of the three but with a big distinction: the price tag. It can cost from at least $800,000 to a couple of millions. What sets this property apart from the others is its location, architecture, interior design, historical value, sheer size, or a combination of any or all of these factors.


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