Journal Tag
3 articles tagged "condo buying" from Rain City Properties.
A special assessment can land a five-figure bill on your doorstep with little warning. Here is what triggers them in Vancouver strata buildings, how to spot one coming in the depreciation report, and how to negotiate when you are buying into a building with one looming.
Strata insurance premiums have stabilized since the 2020 crisis, but water-damage deductibles in Metro Vancouver buildings still routinely sit at $100,000 to $250,000. Here's what owners and buyers should actually do about it in 2026.
Your detached home has dropped in value, but so have condos and townhomes. The equity spread is still massive. Here's the complete financial and emotional playbook for downsizing in Vancouver's 2026 market — from the math on what you'll actually pocket to the neighbourhoods where downsizers thrive.