09 Oct

Here are some things to keep in mind...


Many people buying condo conversions don't realize that the property they are buying is different from a newly constructed unit. This means the financial exposure for repairs and replacements can be much higher.


New condominiums, built from the ground up, are constructed with the building materials of today and have to conform to today's more strict building codes.


The condition of converted condominiums can vary. An older apartment complex converted to Blossoms by The Park Condo could have wear and tear and may have structural faults unknown at closing. These problems can become a real hindrance later on.


Newer apartments that have been converted to condominiums in the past few years were probably constructed under the latest building codes and have new building components, mechanical systems and interior finishes. These are a safer bet and you will want to find out the year the original structure was built.

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