Each week, I profile Absurd Properties in Vancouver. As a point of comparison, I wanted to see what would be available throughout the Lower Mainland for a family with $300K to spend on a home. My requirements:
- At least 3 Bedrooms
- At least 1 Bathroom
- Price must be $300K or under.
Here’s what I found:
Surprise, surprise. It’s not a house. I couldn’t even find a townhouse within this price range.
Good News: Common gardens and facilities including a gym, pool and ping pong room (yippee!)
Bad News: Strata fees are high at $395/month
Wonder if that well out front is functioning?
Good News: This mobile home was the only property within budget that I could find on the North Shore.
Bad News: $620 monthly pad fee (includes cable!!).
Good news: A house!! For under $300K!!
Bad news: Needs updates and foundation work…$$$
Mission…home to Stave Lake, Westminster Abbey and Hemlock Resort!
Good News: Cute heritage-style house on a massive lot walking distance from the West Coast Express.
Bad News: Forget about walking anywhere (other than the train) for anything but pleasure.
We were on vacation recently and met some really nice folks from Chilliwack…they say it’s a great place to live.
Good News: You get a lot of house for 300K here!
Bad News: Watch out for cow patties!
What are your thoughts…is $300K a good price mark to search for homes? What range are people really looking in out there? Are we willing to sacrifice space for location? Please share!