Realestate

[Juiceman831]

hehe markets crashing but ohwell I paid my house off already.

[mcd]

Detroit market. 1 house in 17 is in forclosure. Please buy American made!

[jacques2727]

Due to the oil boom up here in Alberta, I bought for 170,000 in '02 and just sold for 435,000. It has levelled out some over the past few months, but is expected to rise again as more oil upgraders are built. Thumbs up to the Canadian economy.

[Bibbs]

I also live in Alberta Canada. Bought our house 3.5 years ago for 375000 and could put it on the market now for 700000. Also bought a condo in Fort Mcmurray Alberta (where the oil is) for 265000 and can sell it now for 100000 more a year later.So because of the oil things are good here so far.

[talltigeguy]

I'd much rather buy my oil from Canada than Iran....

[Ks]

Our market is just about as hot as the Alberta market is right now. It was hotter at one point in time but still hanging on with no sign of slowing.

We bought our 1st home ( 5000SF city lot) in Jan 06 for 296K sold 1 year and 4 months later for $420K. The house sold in one day.... In all honestly we sold for less then we could have but wanted a faster sale to be able to close on our current house, which we got for a song as well... 1 Acre city lot with larger custom home build the same year as our 1st house for $630K ( again underpriced for our market) We wrote the offer while viewing, full price offer with min conditions accepted by owner 10 days to close.... there were 10 + back up offers if we did not close.... The day we moved in it was valued @ just over 720K and now could honestly go much higher. I have no plans to sell as I wanted the acre to build my warehouse ( toy house) for my business.

Shop construction 34X50 starts soon.

But just to give you a small glimpse into the Vancouver market and what 700K- to a million really gets you close to Vancouver, you can see why the Fraser Valley is becoming very popular.


We live about a 45 miles (70 KM) outside of Vancouver in the country which we love and would not have it any different as this is where most of the lakes are. But because of traffic, it takes well over a hour to get to Vancouver when you need to, as you get closer to town, the prices climb to a ridiculous amount. A typical condo in Vancouver is going for over 700K and we are talking about 850- 1100 SF nothing special other then view and location.

It is not uncommon to see 1 million dollar mid 60's built house fix it uppers in the outskirts of Vancouver. nothing special, these are basically being bought for the city lot to rebuild a new house on.

This should work as a example:

http://www.mls.ca/PropertyDetails.as...ertyID=5927856


Here is a condo down town. ( entry level condo LOL)

http://www.mls.ca/PropertyDetails.as...ertyID=6185779


Now back to my neighborhood and back to my personal dream home, this is what 4.5 million gets you in the valley

http://www.mls.ca/PropertyDetails.as...ertyID=5677229

[anhaney]

hehe markets crashing but ohwell I paid my house off already.

That is the best feeling to have it paid off and only have to worry about Taxes.

[Moki]

That is one sweet house, I love the reflection pool! Also, good luck on your toy garage.

Our market is just about as hot as the Alberta market is right now. It was hotter at one point in time but still hanging on with no sign of slowing.

We bought our 1st home ( 5000SF city lot) in Jan 06 for 296K sold 1 year and 4 months later for $420K. The house sold in one day.... In all honestly we sold for less then we could have but wanted a faster sale to be able to close on our current house, which we got for a song as well... 1 Acre city lot with larger custom home build the same year as our 1st house for $630K ( again underpriced for our market) We wrote the offer while viewing, full price offer with min conditions accepted by owner 10 days to close.... there were 10 + back up offers if we did not close.... The day we moved in it was valued @ just over 720K and now could honestly go much higher. I have no plans to sell as I wanted the acre to build my warehouse ( toy house) for my business.

Shop construction 34X50 starts soon.

But just to give you a small glimpse into the Vancouver market and what 700K- to a million really gets you close to Vancouver, you can see why the Fraser Valley is becoming very popular.


We live about a 45 miles (70 KM) outside of Vancouver in the country which we love and would not have it any different as this is where most of the lakes are. But because of traffic, it takes well over a hour to get to Vancouver when you need to, as you get closer to town, the prices climb to a ridiculous amount. A typical condo in Vancouver is going for over 700K and we are talking about 850- 1100 SF nothing special other then view and location.

It is not uncommon to see 1 million dollar mid 60's built house fix it uppers in the outskirts of Vancouver. nothing special, these are basically being bought for the city lot to rebuild a new house on.

This should work as a example:

http://www.mls.ca/PropertyDetails.as...ertyID=5927856


Here is a condo down town. ( entry level condo LOL)

http://www.mls.ca/PropertyDetails.as...ertyID=6185779


Now back to my neighborhood and back to my personal dream home, this is what 4.5 million gets you in the valley

http://www.mls.ca/PropertyDetails.as...ertyID=5677229