Downtown Vancouver Real Estate - New Condos and Pre-Sales High-Rise Residences
With so many options, Vancouver property home buyers are having a tough time choosing from the abundant new real estate properties in downtown Vancouver. From old heritage style townhomes and condominiums to new luxury high-rise apartment suites, downtown Vancouver real estate provides a plethora of home buying options both for primary residences, first time homebuyers, families, couples and of course property investors. The Downtown Vancouver new pre-construction real estate scene continues to buck the trend as many of the new condos are sold out upon pre-sales launches so that home buyers are purchasing the residences off the plan.

What are your options if you are looking for a new condo in Vancouver City Centre?
First of all, there are about thirty new construction properties on the go in downtown Vancouver of which about ten are current high-rise tower residences selling off the plan or pre-construction pricing. With this comes a unique way to purchase your new home in downtown Vancouver's hot real estate market by locking in the price until closing and completion with only a small down payment. In most cases, the new downtown Vancouver condo pre-construction purchase contracts allow for either a 10 to 20% down payment deposit which will secure the high-rise tower condo or luxury townhome residence until the building is complete. For those who enjoy the urban and vibrant downtown Vancouver real estate lifestyle, these urban chic and modern/contemporary tower residences in pre-sales may be a perfect fit. Attracting large numbers of singles, professional couples and now familites, the downtown Vancouver condominium pre-construction scene has expanded its reach because people and families want to live close to work and places to have fun. Also, many friends and familes probably live in the downtown core as well, making it easier to keep in touch. The downtown Vancouver new real estate developments range from cityhomes to presales condos to luxury rowhome/townhomes and of course the most expensive of them all, penthouse tower condominiums.

Locations for Purchasing New Condos in Downtown Vancouver
In many ways, a community reflects not only your lifestyle choice but also who you are as a person. The downtown Vancouver real estate division lines are quite unique and attract various types of homebuyers and renters depending on age, sex, sexual orientation, demographics and much more. The condominium developments and pre-sales condos in downtown Vancouver reflect a change in mentality where small communities with accessible amenities and more are required for sustainable living. The most prestigious of all downtown Vancouver real estate areas include Yaletown pre-construction condos, Coal Harbour high-rise residences, Concord Pacific's False Creek area as well as the West End/Denman Street corridor. Up and coming real estate hot spots in downtown Vancouver include Gastown real estate, Chinatown, Crosstown and even through the business district and Robson Street. This only serves to indicate that many peole are attracted to the downtown Vancouver lifestyle and amenities and because of this, the population is increasing at a steady rate and jobs are being produced as we speak to accommodate these people moving in.

Vancouver West Real Estate Developments
The West Side of Vancouver, often referred to as Vancouver West is home to some of the most prestigious and luxurious property construction properties in all of the Lower Mainland. Most of these new developments are in well established neighbourhoods, and because of this, have to fit in with the current demographics, architecture and high-end nature of the surrounding community. The Vancouver West real estate condo pre-construction properties have also remained very hot in terms of selling out during the pre-sales launches and in many cases, the West Side of Vancouver has seen the largest growth in capital land appreciation of any community in Greater Vancouver. Home buyers who grew up in this area and want to stay, have many opportunities at purchasing new condos in Vancouver West, usually associated with any address west of Cambie or Main Street, although the boundary between Vancouver West and East seems to be a grey area still. In any case, with many future condominium developments slated for arrival in 2009, the Vancouver West real estate scene will provide many different purchase offerings in both condo pre-sales as well as completed residences for homebuyers who want to live right in teh city, close to many of Vancouver's most beautiful city parks, amenities and recreational facilities.

Vancouver West Locations for Your New Home
The community/area considerd to be the West Side of Vancouver real estate includes everything from UBC all the way to Main Street usually. Many of the new real estate properties in Vancouver West property seems to be happening along the Kitsilano to Point Grey to UBC route. Many new pre-construction condos in Kitsilano and Granville Island have come up and as you would expect, many are sold out off the plan before any building begins. Other more luxurious townhomes and townhouses in Vancouver West are located around the Kerrisdale and Oakridge communities as well as in UBC. Which leads to our next discussion of some of the most luxurious waterfront and prestigious pre-construction Vancouver West condos which are located on the University of British Columbia Land. With luxury high-rise condo towers as well as boutique townhome developments appearing around the UBC real estate community, families with children have been drawn to this area so that they as well as their children are close to school, work and play. Plus, there are many new real estate condos in Kits and the Point Grey districts, which are of course, some of the most expensive areas in all of the Lower Mainland. The Southland Shores area development is also starting right now with large waterfront home sites that will attract those wealthy individuals and families. All in all, Vancouver West real estate is very strong and continues to appreciate at an outstanding amount.

Real Estate in Vancouver East
For many years, the East Side of Vancouver real estate was considered to be a very run down and old community where you could purchase old homes at a very affordable and reasonable cost. However, things have changed over the past decade and a prospective home buyer in Vancouver East property may not even get a fixer upper for less than $750,000. The shortage of land in Vancouver has a big part to do with it. In addition, Vancouver East is so close to downtown and to UBC, homebuyers have flocked here to build their dream homes on more reasonably priced land when compared to the above counterparts. Residential real estate developers have also come to Vancouver east or the East Side of Vancouver to build their townhomes, condo pre-construction projects and presales master planned home communities because the land is cheaper and there is a bigger demographic that can afford these new homes. In many ways, Vancouver East real estate has been a forgotten gem ... an area that is bustling with excitement, great urban amenities, outstanding transportation and commuter routes and an unparelled location within the Lower Mainland. This is why the East Side of Vancouver new real estate projects are demanding the prices that are more than other traditionally more enticing areas such as Burnaby and Richmond.

Vancouver East Property Locations and New Pre-Construction Condos
If you are a new homebuyer or a new real estate investor, Vancouver East provides some of the best purchase opportunities in the entire city. With new presales condominiums sprouting up mostly along the Cambie and Main corridors, within a few years, these properties in the East Side of Vancouver will become very valuable both as a short term primary residence investment as well as a rental property for landlords and owners. In addition, the Southeast False Creek area in Vancouver East real estate is a beekon of what can happen with a master-planned development. This awesome waterfront area is being transformed into one of Vancouver's most exciting new neighbourhoods and will also be the home of the Athlete's Village for the 2010 Winter Olympics in Vancouver/Whistler. In addition, the Southeast False Creek community is a new real estate Vancouver East property that will provide affordable housing for first time homebuyers as well as empty nesters and downsizers as there is so much variety in homes, waterfront condo pre-construction properties and townhomes to choose from in this new neighourhood. The sky is the limit when it comes to teh property transformation of teh Vancouver East areas which is already undergoing significant infrastrucutre and residential building upgrades.