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Originally Posted by fotze
What community was that? I sold that very small bungalow in Sunnyside 8 months ago for $420k. You could not get that lot the size you mentioned and that house there for anywhere near that.
Also, why do realtors call communities that are not inner city, "inner-city". I'm sorry but North Haven is not inner-city.
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Mount Pleasant, just south of 20th Ave - it's a 25 - 30 minute walk from where I work downtown (BP Centre - 4th Ave & 2nd St SW) so I classify that as inner city, others might not. The one criteria that I could not give in on was that we could walk, or at least have a reasonable bike ride, into work. (BTW: My appreciation for this city's pathway system has grown immensely over the past year since my wife has been training for the weekend to end breast cancer - cycling really is a viable option for many communities).
My friend bought a similar house about a year and a half back in the same area for 300+.
We saw a couple of houses in Sunnyside and West Hillhurst in our price range, but nothing we wanted to move into purely for the reason that the lots were lacking future potential. The houses were nice and livable (certainly an upgrade over our condo), and the area is one of the best in the city for proximity to downtown, shopping, and quiet living. It would have been absolutely awesome to live directly in the area, but it's like a 10 - 15 minute walk for me to get down there so it's not bad. Someone with less stringent criteria on investment potential would probably feel better about a few of the places we saw.
Where did you end up moving to?