Real Estate
I was really surprised when I moved from New Brunswick(province in Canada) back to Ontario. The price of a decent home has gone up so much it's unbelievable. We bought a 11year old home in New Brunswick on 2 acres of land with 4 bedrooms it cost us 95,000 Dollars. Now here in Ontario we'd be lucky to buy a garage for that amount. It is craaazzy!!
So I would like to know what the average price for an average home would be in your hometown/country??
I know that in Britain (England), it is very pricey as well.
Thoughts anyone???
__________________________
THE CHRISTIAN LIFE WITHOUT PRAYER IS LIKE COMPUTER HARDWARE WITHOUT THE SOFTWARE!!!!!
Bookmark/Search this post with:
| 
| 
| 
| 
| 
| 
Ouch, big money isn't it? We need to move to Toronto because of my husband's job, and Toronto is so expensive(and I hate Toronto, too many .... everything) and I think will just have to settle on renting a condo which will run about 1400 dollars a month but that is with all the utilities included and if you want to be in a decent part of town.
__________________________
THE CHRISTIAN LIFE WITHOUT PRAYER IS LIKE COMPUTER HARDWARE WITHOUT THE SOFTWARE!!!!!
In Britain, expect to pay about 500,000 dolars for a small home in a cheaper area, and 1,000,000 dollars for a large home in a cheaper area.
In London, multiply these figures by 3, and in other cities you pay more too.
Oh - 4 acres of land would cost you around 500,000 dollars + here too.
Ontario sounds relatively cheap to me.
__________________________
My obsession www.movieautographsww.com
What about away from London, more in the country for example!!! I just love watching Escape to the Country on Television, the homes are so different from here
__________________________
THE CHRISTIAN LIFE WITHOUT PRAYER IS LIKE COMPUTER HARDWARE WITHOUT THE SOFTWARE!!!!!
Away from London is the so described "cheaper" area.
Dont'f forget though that it is realative, $80,000 pay per year is not unusual here.
__________________________
My obsession www.movieautographsww.com
Are you talking per year or for an average home?
__________________________
THE CHRISTIAN LIFE WITHOUT PRAYER IS LIKE COMPUTER HARDWARE WITHOUT THE SOFTWARE!!!!!
Starting price for a condo or townhouse in Bermuda $750,000 (seven hundred fifty thousand)...for a seperate house (say 3-4 bedrooms with a 1/4 acre of land it starts at $1,800,000 (one million eight hundred thousand). and if you have about $80,000,000-$100,000,000 (eighty million-one hundred million) you can own your very own island 
P.S. I added this since Bermuda is a colony of Britian...apparently we have adopted the high cost of living from there! LOL!
__________________________
"I dont need the internet..I already know everything."
Makes you wonder who can afford these prices. In the US a good rule of thumb used to be to take one percent of the purchase price to estimate the monthly cost of real estate including mortgage, taxes, and insurance. So a 500,000 dollar home would cost about 5,000 dollars per month. Translation: You need to have an annual household income of about 170,000 dollars to buy a 500,000 dollar house. A rule I always lived by was to never buy a house for more than three times my annual gross income (and never buy a car for more than a third of my annual income).
Has anybody looked at the US real estate market recently? It is a disaster. It is totally a buyers' market with Las Vegas leading the nation as the foreclosure capitol.
Yes, I know that is sad, and Canada is following right behind I think.
__________________________
THE CHRISTIAN LIFE WITHOUT PRAYER IS LIKE COMPUTER HARDWARE WITHOUT THE SOFTWARE!!!!!
I guess the average appartment and house is already between 350 000 and 400 000 Canadian Dollars around here. The price of a house like you describe, I guess we are speaking than for like twice the prices for an average house. (just because of the ground of 2 acres
most houses don't have such a big ground and the ones you have, are very expensive)