If you are buying a condo in BC, I would highly recommend that you buy one that:
1. was built before the leaky condo period (1980's, 1990's)
2. has already been rainscreened
3. is a newer build
4. you work Monday to Friday 8-4 pm
...so you are not home while they jack hammer the concrete off the side of your building right out side your home office!
It is a noisy, messy process that generally takes up to a year depending on the size of your building. Yes, it will increase the value of your investment but be prepared for a major inconvenience in your life. In a couple of days, all the window coverings need to be removed from all the windows in my unit - even though the windows won't be replaced for 3 weeks. Lots of time will be spent in the bathroom for the only privacy left!
But seriously, buying a condo is more than just falling in love with a wonderful home with great views and spacious rooms. You are investing in the whole building so be prepared for all that that entails - with our help!
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