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What kind of house can $500,000 buy you?

Calgary
Calgary

Calgary

Listing Price: $499,000 Size: 1714 sq. ft. Bedrooms: 2 Bathrooms: 2 Extras: Sits atop a 27 ft. lot on a tree-lined street

Tags housing / housing market / real estate / recession /

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  • skelator

    Wow. i really love that …er..uh stucco.

  • wowee

    Calgary should not be up there with Vancity and Victoria…. this is overpriced for sure.

  • http://www.jimsparrow.com Jim S

    West Hillhurst – close to downtown & the University / Foothills Hospital
    http://www.jimsparrow.com/calgary-mls/details/1/C3365459

  • zeroaster

    My comment was removed for some inexplicable reason, so I’ll repeat it, with more details this time. The truth must get out.

    This house was probably constructed out of particle board and plastic, just like all the new houses being constructed in Calgary. They are poor quality and were constructed in some cases, in around 30 days. I know this because I was out there helping to build houses. I even saw them building a 5 storey hotel with wood framing and particle board. You are supposed to use steel and concrete to frame buildings over 4 storeys. That’s code. How they got an exemption is beyond me.

    I feel sorry for the people out West who had no choice but to buy these disasters-waiting-to-happen, because that’s all that was being offered during the boom. They were vastly overpriced for the level of quality and materials put into them. They were built like that to bring in higher profits and because there was too much demand for anything at all for the buyers to refuse to buy inferior quality.

    Maybe it’s politically incorrect to say these things, but removing my comments is not fair to home-buyers who might not know any better.

    I’ll take a brick house like we have in Ontario, any day.

  • Neil Hood

    Politcally incorrect for stating an honest opinion: I think not. These poorly constructed plastic house should have all the builders details and names of the builders secured on the house somewhere for future reference. Also, the houses should come with a minimum 20 year guarantee. I live in Tokyo,Japan and it is much worse here. The kinds of plastic house they pass off here is pathetic at best. People seem to have no sense of what a proper house should include. They should educate themselves because the builders sure won't. Lastly though; caveat emptor.

    Thanks for your insight.

    Neil

  • John D

    Cranston and McKenzie Lake are “south of downtown” just like Panama is south of downtown Ottawa.