With Calgary real estate moving forward while many other major cities in the nation are moving backwards, we thought it would be interesting to take a look at the Canadian housing prices in different centers. While some of these cities offer better pricing than Calgary, most don't have the same desirable conditions that we see here in the city for real estate.
Average pricing on a single-family Canadian home is sitting at $350,000 approximately right now, while the average price in Calgary is $427,000. That's only the average price, however, and as you move away from Calgary's downtown core the prices lower significantly. If you take a look at a lot of the homes that are available in neighbouring cities like Cochrane, Aidrie and Okotoks this figure gets a lot lower.
In Airdrie, for example, it is entirely possible to pick up a single-family house at the $300,000 mark. That is one of the reasons why homes on the outskirts of the city are so popular right now. A family can move into their own home to enjoy a front and back yard and all of the other benefits of owning a single-family detached house.
In some of the cities southwest of Toronto, such as Windsor, you'd probably be able to purchase a 4-5 bedroom home for about $350,000. In Winnipeg, with the average price of a home resting at $240,000 right now, you'd be able to find a wide variety of homes to choose from in the same price range.
On the other side of the coin, if you're looking in Toronto or Vancouver for a home inside the city for $350,000 you won't find much. If you do get lucky and locate something it will require extensive renovations to make it livable. You may be able to find a one bedroom condo close to this price range but if you're looking for a house you'll have to travel quite a long way from the city to find one.
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