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For buyers of brand new condos, 16 crucial questions
A sleek new condo building certainly has its draws, from sensible layouts to virgin appliances, pristine lobbies and fast, reliable elevators.
Of course, those perks don’t come cheap: In fact, new development condos sold for $2 million more than existing apartments in the second quarter of this year, according to appraisal firm Miller Samuel. Not only will you pay a premium to buy new, you’ll also take a risk on the unknown and untested, especially if you commit well before your place gets built.
To boost your chance of getting what you pay for–and head off any nasty surprises–read on for the 16 essential questions to ask while shopping for a new construction condo.
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