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zerogabe106

What does a house cost in Canada ?

Here in the US in my area, if you live in a major city a 4 room house can go for 200-500K USD depending on location and land. If you go out to the middle of no where, maybe you can get the same house for 80-150K USD.

So I would like to hear from my brothers in the great north, how much does a house near a major city and one in the distant suburbs cost ?

Please name and describe the area that comes with the price quote and make sure you let me if your talking in American or Canadian money :-D

I would also accept any Canadian relastste websites. Any info that you guys can provide on the current housing market and loan info would be great too.

Thank you all ahead of time.


    



Show all answers


Abdul (Obama08)
Rating
A house here in Alberta Canada is average of 340 000

Canadian Cities
Average House Prices
August 2008

ProvinceAverage House Price
Vancouver, BC$557,000 about $475 000USD
Calgary, Alb$390,000 about $340 000USD
Toronto, Ont$364,000
Ottawa, Ont$283,000 about $240 000USD
Montreal, Que$247,000
Regina, Sask$238,000
Halifax, NS$222,000
Fredericton, NB$148,000 about $130 000USD



Canadian Provinces
Average House Prices
August 2008

ProvinceAverage House Price ( CDN to convert times by 0.87)
British Columbia$422,000
Alberta$343,000
Ontario$292,000
Saskatchewan$217,000
Quebec$209,000
Newfoundland / Labrador$188,000
Manitoba$183,000
Nova Scotia$181,000
New Brunswick$144,000
Prince Edward Island$142,000
Canadian Average$290,000

edit these prices are in canadian currency to convert to american the exchange rate is 0.87

to convert http://www.x-rates.com/calculator.html

EDIT
i highly recommend you not apply for a loan because you will end up losing more than double of the price of your house for my house i pay mortgage of about $2000USD for my $500000USD house i bought 2 years ago the market here has been ok but not perfect my value for my house increased by 14% so far but last year it had an increase of 20%.. If you are looking for a mortgage check this website out http://www.canequity.com/ or http://www.canadamortgage.com/RatesShow/ShowRates.cfm and see who offers better rates.... It is a very hard thing to do to move from country to country.. can i ask you why the move? are you looking for a better job, new oppurtunity or your not a fan of Barack Obama and want to escape America?

some real estate companies that i've seen offer good deals
are royal lepage canada http://www.royallepage.ca/ and remax canada http://www.remax.ca/ and good luck

for loan info i'd check out TD bank and RBC www.tdcanadatrust.com and http://www.rbc.com/ i'm with both those companies and their rates aren't too bad i'd also recommend you check out ING Direct for mortgage and loan info

GOOD LUCk


Iman
mls.ca

average here in mississauga at around high 300's


Mix
All I can tell you is it usually a lot more expensive here to own a house. Unless you live in the prairies.

A house in the neighbourhood I live in, in Toronto is a million dollars and up.:S


http://www.remax.ca/


Bob D
For real estate prices in Canadian dollars, the easiest site to use is mls.ca , then all you need to do is click on any area of the Canada map that appears for home listing in that area, you will easily be able to enter all the info you need, price, bedrooms, bathrooms etc. Once you enter your info, you can then navigate the Country checking out costs for the same things you are looking for in all areas, Vancouver to St. John's, Newfoundland. Very easy site to use. Best wishes and please check out Prince Edward Island and Shediac area in New Brunswick (both in eastern Canada) for price comparisons to other major areas.


*ajidamoon* the Eh team
Rating
In my small city of 75,000 people, you cannot even purchase a small, 2 bedroom home for under $200,000......But a town I used to live in further North, I could have bought a rather nice, four/five bedroom home for around $20,000.............but I prefer to live closer to a city which has all the amenities I need.


Erik B
I just moved into an 4 bedroom Igloo up here in Shoddily, Northern Canada. Cost me im guessing about 4 fox furs and the hind side of a Caribou, I recon that might be around five thousand Loonies in your parts. The area in these parts is quite large, lots of them there mountains and rivers and stuff, and you got no problems with loans in these parts, as a matter of fact I just loaned out one of my dogs to the Doc the other day.
Good Day, A


PizzaTheHutt
Well a 200-500 house in most areas in the US go for atleast a million or close to in canada.


jake.jakobson
why, just stay where u are


MasterSheff
Here in Vancouver, British Columbia minimum price is around $700,000USD, and that is for small 1/2 bedroom houses.

More north you go the cheaper it is.



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