Quote:
Originally Posted by newflyer
I am considering it as well.... I think with the skyrocketing property prices in Calgary.. more and more will be looking to return home.
A friend of mine just recently took out a mortgage for $350,000 on a very modest home in a newer suburb..... and I just can't see myself paying that level of expense. Over $2800 a month for a small home on a small lot.
I know for the same 400,000 .... he could get an awsome home in Sask or Manitoba.
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I consider myself lucky as my mortgage is about $2400 per month...I paid $435,000 for my home but I signed the documents with the builder at the end of 2003...My house is 2800 sq ft on 1/4 acre lot in NW Calgary...These are rare finds these days...
I went to look at some showhomes today and I dont think I can afford a new place...The I can probably build the house we like for about $950,000 but I think I can only get $850,000 for my place...
I have also thought about selling and moving back to Regina but my salary would most likely be cut half the amount it is here....It would also be hard for me to pick up and leave Calgary as I feel there is more opportunity here for my family...