Parc Botannia is arguably one of the best Fernvale condo premises to live in. In recent times, condo buyers have shown great interest in buying condos that are classically designed and come with the latest fixtures. What most potential condo buyers are not aware of is that there are several factors that influence the price of condos. From property demand to the fixtures in the condo, there are several factors that help in determining the cost of condos.
Here are some of the top factors that affect Parc Botannia Price:
The level of the condo on the flat is related to views visible when within the condo. Higher floor condos are more expensive that the condos on the ground floor or on the first few floors. Additionally, condos in higher floors are less noisy, have a good air flow, and are practically windier hence blow a clean and soothing breeze into the condo. It goes without saying that condos on higher floors have a better supply of natural light. As such, you are likely to incur lower lighting costs than if you settled for a condo that is poorly lit.
Accessibility & amenities
Location and neighborhood are other important factors that influence the price of condos. For condo establishments that are in close proximity to highways and subways, their prices are likely to be higher than for those in remote areas. Provided that a condo is easily accessible through any transport and communication means, it is likely to command a high price. Closeness to amenities such as shopping malls, supermarkets, and farmers’ markets also contribute to high condo prices.
Most modern condos like Parc Botannia boast of having some of the best and finest quality amenities and facilities. These facilities go a long way in enhancing a comfort and luxurious living at the condo. When staying in a classic condo which is uniquely furnished, you do not have to go to public gymnasiums and swimming pools. Exclusivity and security also influence the price of condos as condo buyers are mostly willing to spend more for these facilities.
How is the condo designed? What is its layout? Does the layout of the condo of choice provide room for customizing and personalizing it? When the layout of a condo is not designed well, such a condo is usually quite hard to customize. As such, it is likely bound to be quite hard to resell it in the future. Alternatively, you may be forced to sell it for a much lower price than you would if it had a good design and layout.
Physical state of the condo
You need not be worried about the physical state of a condo in a new building than you would if the building was old and poorly maintained. Old buildings may require extensive repair works especially for roofing, flooring, sewage, and plumbing. Due to this, it is important to inspect the condition of the building to ensure that there are no cracks on the walls or leaks. The cost of repairs can, at times, be quite high thereby making the property relatively more expensive than a modern condo.
Ideally, you should settle for a professionally built condo like Parc Botannia condos. These are condos that are near some of the most important services like shopping complexes, hospitals and bus stations. Condos that have these services within a walking distance.