Quote:
Originally Posted by MarchHare
Out of curiosity, if you had spent $300k on a home in Calgary in 1986 (25 years ago), how much would it be worth today? I honestly don't know the answer, but I suspect over that period the average home in Calgary has appreciated more than 100%, even after the market downturn of 2008.
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I know that homes that sold for $110k - $120k in 1996, sell for ~ $300k+ now.
I am guessing that a 300k house would be worth somewhere around $750k worst case.