Canadian Quiz

[xoxoxoBruce]

Apparently the real estate bubble, in Victoria, British Columbia, has yet to burst. Even crappy houses are going for more than a million dollars.

So here's a quiz, can you tell the mansions from the crack houses (crackshacks)?

[squirell nutkin]

So how many Canadian dollars to a US quarter?

[xoxoxoBruce]

Last I heard, the US and Canadian dollar, are par.

[squirell nutkin]

I think Vancouver must have been sucked into some spacetime continuum thing. I seriously don't get the pricing.

[SamIam]

Cute quiz. I wonder if property values are so high in the rest of Canada?

[Jaydaan]

The quiz is for Vancouver, not Victoria
Victoria is on the Island, and no doubt even MORE expensive.

Not all places are like that. Vernon is different, the closer you get to the lakes, the more you pay.
You can get an older 3 br house with basement 2 blocks from my work for something like 219 000. Tidy, new renos inside, 1/4 or 1/3 of an acre lot. Not great, but a good first house or investment property. It is a 3 min drive to downtown, and a 10 min drive to Okanagan lake and 15ish to Kalamalka lake.

A 6 br, 5 bathroom, 3 car garage, with detatched shop for all your toys on one of the lake, including in-law suite and boat launch, with an acre or so of land is 1.5ish mil.

Most modest family homes (3-5 br, 2 baths some with in-law suites) go from $299 000 to 499 000.

[xoxoxoBruce]

Originally Posted by Jaydaan

The quiz is for Vancouver, not Victoria
Victoria is on the Island, and no doubt even MORE expensive.

Whoops, my mistake... thanks for the input.

[skysidhe]

These houses are cute and of good repair.

and you can take virtual tours and look inside too.


http://homes.point2.com/CA/Saskatche...al-Estate.aspx

Vancouver's just a rest stop anyway :P

Here's some cute ones in Ontario too. Still higher priced per square foot but isn't everything BIG here?

http://ontario.propertysold.ca/

[Gravdigr]

Originally Posted by Jaydaan

The quiz is for Vancouver, not Victoria
Victoria is on the Island, and no doubt even MORE expensive.

Not all places are like that. Vernon is different, the closer you get to the lakes, the more you pay.
You can get an older 3 br house with basement 2 blocks from my work for something like 219 000. Tidy, new renos inside, 1/4 or 1/3 of an acre lot. Not great, but a good first house or investment property. It is a 3 min drive to downtown, and a 10 min drive to Okanagan lake and 15ish to Kalamalka lake.

A 6 br, 5 bathroom, 3 car garage, with detatched shop for all your toys on one of the lake, including in-law suite and boat launch, with an acre or so of land is 1.5ish mil.

Most modest family homes (3-5 br, 2 baths some with in-law suites) go from $299 000 to 499 000.

Daaaayyyyuummm!

[Gravdigr]

Also: I passed that quiz. Am I a realtor, eh? Or am I a crack dealer?

[DanaC]

There are very few places in the UK where you can get even small houses for less than £100k ($200k). I live in a rented house, thathas one bedroom and one living room, a small bathroom and a vestibule kitchen. If it were up for sale now it would cost about £120k ($240k)

In the really rough areas of my town a two bedroomed house would be a mimimum of £70k ($140k). And that would be a small two bedroomed terraced house with no garden.

Both of these would be considered fairly cheap in the UK

[Clodfobble]

The house next door is a 4 bed/3.5 bath, 2800 square feet, 3-car garage, absolutely everything inside renovated with genuine hardwood floors and granite countertops, big backyard with deck and landscaping, etc etc. It's currently listed at $285,000, and we're a little ticked because if it actually sells for that much, it will almost certainly raise our property taxes. (On the other hand, we're kind of happy to see those neighbors go, so it's not a total loss.)

'Course, if you wanted to live 20 miles closer to downtown, you could easily pay over a million for a tiny crappy house built in the 60s. It's always all about the neighborhood.

[Gravdigr]

Up the street, 2 br, 1 ba, kitchen, living/family room, small but usable yard: $68k