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Originally Posted by Taurus Babe
Lindsay,
I feel your pain! I live in BC and the real estate here is just nutz!! You are looking at a starter home, a poopy little shack, or tiny condo for about $300,000 $400,000 It is crazy!!!!! And frustrating for us young people, in fact frustrating for anyone that is trying to get into the market.
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Hey welcome back! I haven't seen you here for awhile!
I know there are the hopefuls here who are saying we're just in a boom right now and prices will eventually go back down, but the truth is we're just getting up to being even with the rest of the country. It's great for people who already have property though. My grandma bought the cabin across the alley from us at the lake about 7 years ago, for $35,000. Her husband has since lost his mind and went into a nursing home, and she just really doesn't get out there anymore so she decided to put it up for sale. It's listed for $180,000! I think she should buy a Viper or something with that kinda money
New houses here are well over 300,000 for the smallest ones. On top of that, property taxes are through the roof because the new subdivisions are gorgeous, with lakes and parks and shopping centres. I know housing prices in BC are crazy, but at least there's beautiful mountains and lakes and everything there ( I love BC!) but come on, Saskatchewan? We have wheat fields.
I grew up in a small town of less than 500 people. Last week, a house sold there for $235,000. It's smaller than my parents' house and that isn't very big.
INSANE.