[boogerz]

Originally Posted by blankall

It's not too difficult to find the listing on realtor.ca by filtering by price. The top left one is a large home in the nicer area of Lake Bonivista:

https://www.realtor.ca/real-estate/2...lake-bonavista

The one on the right is located on a quarter acre lot in Varsity Estates and is totally renovated, including with higher end appliances and heated floors:

https://www.realtor.ca/real-estate/2...algary-varsity

The prices of those homes have probably risen, but nothing crazy.

Yea, it was already $1M+ to get into a nice and fully renovated home in Varsity Estates before the pandemic.

Even the Bridgeland tear-down at $1.05M isn't too overpriced. Good view, deep lot, inner-city, and located an already gentrified/trendy community. If you tear it down and spend another $800k putting up a detached executive home with an attached garage, the total cost wouldn't be too far off what that kind of house usually costs in the inner-city.

The only real crack price in the four houses from that Twitter post is the Scarboro house, which the market agrees with given the 121 DoM.

These out of province "analysts" and investors trying to pump our housing market is already getting really tiresome