Thursday, December 5, 2013

Getting a parking space in a condo

When buying or renting a place for residence, one of the important things to consider is a parking space for your car. Your potential condo may be offered at a great price, but without parking amenities, you might end up with unexpectedly high costs. 

If you’re looking into buying a condominium unit, parking slots are often available, either included in the condo’s price or as a separate buying price or rental fee.

If you’re looking into buying a condominium unit, parking slots are often available, either included in the condo’s price or as a separate buying price or rental fee. Slots often run out as most of the units get sold, so it’s better to scout for a relatively new condominium development, particularly if parking is a non-negotiable for you. 

Another possible problem in securing a parking slot is that it may be a long walk from your building. Ask for a copy of the available parking slot locations from your sales agent before committing to anything. 

For example, if you live in large condominium developments with several buildings sharing the same parking compounds, it could take you more than twenty minutes just to get to your parking slot. If there is an available slot with a favorable location for your car, place a reservation as soon as possible. 

Another point to think of is your family’s growth over the next couple of years. If you’re planning to get married or have kids, and also with the number coding scheme in consideration, one car may not be enough for your family. Plan ahead and get two parking slots while there are still adjacent slots available. 

This also applies when you’re looking into renting a unit. You should ask the renter if the condo rental is inclusive of a parking slot and where it is located. Having your bases covered by considering your parking needs will pay off in the long run. - Aislinn Kee 


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