Real estate buyers looking for quality concrete construction are currently stuck in a buying frenzy, with entire towers selling out within mere days. With costs skyrocketing in the nearby skytrain communities Metrotown, Brentwood, New Westminster, and Surrey we can see a huge opportunity in the Burquitlam presale market.
Metrotown and Brentwood developments are selling between $1,300 – $1,400 per Sqaure ft, with recent New Westminster developments seen selling over $1,200. With Burquitlam developments starting around $1,100 per Sqaure ft we feel this is a much more attractive option for homebuyers and investors alike.
For example, instead of paying $900,000 for a new one bedroom in Metrotown, or 700,000 for a one bedroom in New Westminster, we feel $550,000 for a brand new concrete in Burquitlam is a great value. Especially since the Burquitlam development we are currently sizing up has a real unique and finely choreographed offering.
With today’s concrete developments selling out in days it’s important to recognize trends and opportunities in advance to be ready for when opportunity arise. Which is why we are now laser focused on finding our clients nothing but the best of opportunities.
If you are interested in securing a beautiful concrete home in the coming months please reach out as we have some great opportunities and VIP offerings coming our way.
All the best,
Jordon Sutton PREC*
jsuttton@sutton.com
