A Better Real Estate Deal In Winnipeg Than In Toronto!
Three years ago, there was a real boom in real estate in the state of Toronto. Our family who lived there took a decision to move out, and sold our town home. The result was a nice tidy sum, enough to pay off a previous mortgage, and give a good profit. The money we got from this sale enabled us to purchase a large house in Winnipeg. We paid in cash for a house that had four bedrooms in it and seemed to have plenty of character! The relocation and parting, though not very pleasant, was worth every penny!
When we bought this house, it needed renovating and so the old owners demanded only $65,000 for it. Since then, some repairs have been carried out on the house. Of course, some more work has to be done. Like for instance, installing a solid hardwood floor over the entire living area. But these minor problems can be sorted out. A comforting factor is that the same house would have fetched huge dividends in the Toronto real estate market, and so was well worth it! The house is on a sprawling estate and it seems as if the property is almost double in size. Winnipeg real estate prices go up by 20% every year. So the new home would fetch at least $300,000 in the Toronto real estate market. If renovated completely, the price would go up to $500,000. The location also has a say in the price.
Toronto prices have shot up so much that people who want to buy a house have to shell out $250,000! Others have to forget about settling in a nice neighborhood or a place with good amenities, the condition of the place, etc. They can only live in town homes or condominiums. The house could be in any condition--the price would not change. The real estate listings of the city of Toronto therefore prove to be quite mind-boggling for someone who is not prepared for it!
Imagine the thrill of living in a place where commuting to and from office is peaceful. No gridlocks to battle through, no evidence of road rage. Anyone who wants to live here can afford a house since it is only $100,000. There are umpteen houses to choose from, in a variety of neighborhoods. If you wish to put up new windows and high efficiency furnaces along with your fixer-upper, Manitoba Hydro offers loans at low interest rates. So there is no need to worry. The town homes and condominiums up for sale demand a maintenance fee; but this is only a fraction of what one would have to pay in Toronto.
Toronto real estate prices drive people away; Winnipeg prices and conditions attract people. Thus, anyone will find this a place to be comfortable in.
This place is a boon for our children who are enjoying the big and open spaces. The family has learned to lead life at a slower pace, giving enough time to each other. Family and friends are far away, but not so far that we cannot keep in touch. This place came as a blessing three years ago, and we pat ourselves on our backs for making the right decision at the right time!
When we bought this house, it needed renovating and so the old owners demanded only $65,000 for it. Since then, some repairs have been carried out on the house. Of course, some more work has to be done. Like for instance, installing a solid hardwood floor over the entire living area. But these minor problems can be sorted out. A comforting factor is that the same house would have fetched huge dividends in the Toronto real estate market, and so was well worth it! The house is on a sprawling estate and it seems as if the property is almost double in size. Winnipeg real estate prices go up by 20% every year. So the new home would fetch at least $300,000 in the Toronto real estate market. If renovated completely, the price would go up to $500,000. The location also has a say in the price.
Toronto prices have shot up so much that people who want to buy a house have to shell out $250,000! Others have to forget about settling in a nice neighborhood or a place with good amenities, the condition of the place, etc. They can only live in town homes or condominiums. The house could be in any condition--the price would not change. The real estate listings of the city of Toronto therefore prove to be quite mind-boggling for someone who is not prepared for it!
Imagine the thrill of living in a place where commuting to and from office is peaceful. No gridlocks to battle through, no evidence of road rage. Anyone who wants to live here can afford a house since it is only $100,000. There are umpteen houses to choose from, in a variety of neighborhoods. If you wish to put up new windows and high efficiency furnaces along with your fixer-upper, Manitoba Hydro offers loans at low interest rates. So there is no need to worry. The town homes and condominiums up for sale demand a maintenance fee; but this is only a fraction of what one would have to pay in Toronto.
Toronto real estate prices drive people away; Winnipeg prices and conditions attract people. Thus, anyone will find this a place to be comfortable in.
This place is a boon for our children who are enjoying the big and open spaces. The family has learned to lead life at a slower pace, giving enough time to each other. Family and friends are far away, but not so far that we cannot keep in touch. This place came as a blessing three years ago, and we pat ourselves on our backs for making the right decision at the right time!
About the Author:
Dane Masters is an accomplished niche website developer and author. To learn more about realestate value estmates, please visit realestate values for current articles and discussions.
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1 Comments:
Nice and informative article. This article helps me. Keep doing this.
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