Quote:
Originally Posted by Realtor 1
^^ Prices will double in the next year
I don't have any insight for you but that tool I posted in my section might help you out a bit to see what places around you are selling for over a period of time.
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That's good news.
My home is currently under construction in Airdrie.
We made $120k on a house that we purchased a year ago (in Ontario) with only 5% down on a 30 year amortization.
With the Airdrie house we are putting 25% down and going on a 20 year amortization... and our mortgage will be $55k less than it is now with property taxes half of what we pay here.
With the exception of the geographic superiority of Calgary vs Toronto (imo), the financial gain, with respect to the instant equity we get with a move to Calgary, is the biggest reason we are moving there.
Can't wait... 9 weeks to go!