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How to Spot a Condo with Bad Resale Value


The Worst Condo Mistakes Buyers Make (And What to Avoid Before You Buy)

If you buy the wrong condo, you’re going to regret it.Not all condos are created equal. Some are incredible—easy to live in, easy to rent, and easy to sell. Others? They’re loud, poorly designed, and become extremely difficult to get rid of when the time comes.After working in real estate since 2008 across Greater Vancouver and the Fraser Valley, I’ve seen both sides.And the truth is simple:The wrong condo can cost you comfort, lifestyle, and resale value.Here are the biggest mistakes—and what to avoid.

1. No Dining Space

This is becoming more common—and it’s a problem.Many newer condos have shrunk so much that the “dining area” is now just a kitchen island.That might work short term, but long term:
  • You have nowhere to host
  • No proper place to sit and eat
  • No separation between living spaces
👉 A good layout should still include:
  • Kitchen
  • Living area
  • At least a small dining space
If it doesn’t, it will feel cramped—and hurt resale.

2. No In-Unit Storage

Minimalism is one thing. Having nowhere to put your life is another.Modern condos are removing:
  • Pantry space
  • Linen closets
  • Extra cabinets
And that creates real problems.You end up:
  • Storing towels in your bedroom closet
  • Mixing food storage with dishes
  • Living in constant clutter
👉 Even a small amount of built-in storage makes a huge difference.

3. No Storage Locker (Or Worse… a Bad One)

A storage locker is one of the most underrated features in a condo.Without it:
  • You’re forced to keep everything inside your unit
  • Seasonal items become a hassle
  • Resale becomes harder
Even worse?👉 Half lockers stacked above each otherIf someone above you stores liquids or messy items, it can damage your belongings.A proper locker—even a small one—is a big value add.

4. Mini Appliances That Feel Like a Dorm Room

Some condos—especially investor-focused buildings—cut corners with appliances:
  • 24” fridges
  • Tiny dishwashers
  • Small cooktops
  • Apartment-size washers/dryers
These might look sleek, but they don’t function well for real life.👉 If you can’t wash your bedding or cook properly, it doesn’t feel like a home.And buyers notice that when it’s time to sell.

5. The “Fishbowl” Problem (No Privacy)

Privacy matters more than people think.If your unit looks directly into:
  • Another condo
  • A nearby building
  • Common areas
You’ll likely:
  • Keep blinds closed
  • Lose natural light
  • Feel like you’re living in a fishbowl
👉 A good condo should give you some sense of separation and privacy, even in a dense environment.

6. Loud Intercoms and Entrance Noise

This is a big one—and often overlooked.Units close to:
  • Main entrances
  • Lobby intercoms
  • Loading areas
Can be constantly noisy.Think:
  • Buzzers going off all day
  • Doors slamming
  • Delivery drivers
👉 This is a major resale killer.Always check where the unit sits relative to the building entrance.

7. Loud Neighbours (And How to Spot It)

Noise is one of the hardest things to predict—but also one of the most important.Some buildings:
  • Have thin walls
  • Carry sound between floors
  • Amplify footsteps and voices
Here’s a simple tip:👉 Sit in the unit for 5 minutes in silence
  • Turn everything off
  • Close and open windows
  • Just listen
It feels long—but it will tell you everything.

8. Strata Bylaws That Don’t Fit Your Life

Every condo comes with strata bylaws.And they can impact:
  • Pets (type, size, number)
  • Rentals
  • Renovations
  • BBQ use
  • Flooring changes
Most rules are reasonable—but some can seriously affect your lifestyle.👉 Always review bylaws carefully before buying.Because once you own, you have to live with them.

9. Not Enough Parking

This is one of the biggest resale factors—especially in today’s market.
  • No parking = very hard to sell
  • One spot in a 2-bedroom = limited buyer pool
And visitor parking?Often:
  • Limited
  • Misused by residents
  • Frustrating for guests
👉 Ideally:
  • 1 bed = 1 parking
  • 2 bed = 2 parking
Even if you don’t need it, extra parking can:
  • Improve resale
  • Be rented out for income

Key Takeaways (What to Look For)

If you want a condo that holds value and is enjoyable to live in:
  • Prioritize layout over size
  • Ensure proper storage (in-unit + locker)
  • Avoid noisy locations in the building
  • Look for privacy and natural light
  • Don’t compromise on parking
  • Always review strata bylaws

Final Thought

Condos can be an amazing way to own real estate.They’re:
  • Low maintenance
  • Flexible
  • Great entry points into the market
But only if you choose the right one.Because the wrong condo?It won’t just frustrate you—it will follow you when you try to sell.
Written by:
Steve Karrasch PREC
Karrasch Real Properties Team
Macdonald Realty