Location, Location, Location

An article in the Globe and Mail reviews the different types of homes that can be bought with a $600,000 housing budget. The range of sizes and amenities available for this price reaffirms that location is and always will be one of the most influential factors on the price of a home. But of course you knew that. We’re just here to show you the interesting part: what homes agents in urban cities can offer clients for the same price as a property in rural town, all across Canada.Vancouver offers the least bang for your buck: For 600,000 you can get a “1,070-square-foot, one-bedroom, one-bathroom loft condominium on Vancouver’s Beach Avenue that has a partial water view” OR a “two-bedroom, one-bathroom, 793-square-foot condo in Vancouver’s west end, near Robson Square”Vancouver Island: Take a ferry over and you could buy a 3,008-square-foot, three-bedroom, four-bathroom house with an ocean view that sits on 9,148 square feet of land. Just by adding the word “Island,” you’ve got yourself a swankier place right on the water (hmmm).Toronto: In the Cabbagetown area you could snatch yourself a three bed, three bath townhouse condo or if you’ve got your heart set on a more central downtown location you can get a one bedroom, one bath, 826 square foot condo on King Street West.Nova Scotia: If you’re a maritime fan then you’ve got some good prospects for 600K. Hants Border offers a three bedroom, three bath 2824 sq. foot home. With it comes an acre of land to run around on while the spray of the waves from the Bay of Fundy cools your face. Sounds nice doesn’t it?Quebec: In Sait-Saveur you can get a 3 bedroom, 3 bath ski chalet and an acre of land to play around with.Southern Ontario: Komoka offers a four-bedroom, three-bathroom house sitting on 2.74 acres, while Niagara-on-the-Lake can get you a 2300 square foot house with four bedrooms and three bathrooms.Calgary: The big-city lovers can get their prairie fix for $600,482. This price tag will get you a “two-bedroom, two-bathroom 1,364-square-foot, two-storey condo in Eau Claire, near the Bow River.”In essence, more crowded it is, the higher the cost of living. This isn’t a new concept to anyone, but this kind of comparison stirs some thought about the personality types the real estate industry must identify. Real estate agents obviously get to know their clients’ preferences. Which of you city-lovers would rather pony up a lot of cash for a small space within an urban hub; and would all you rural fans prefer a lot space in favour of having everything right at their doorstep? We’re just curious.Interested in reading the full article? Lucky you, we’ve got the link right here.Not fan of us on Facebook or following us on Twitter? Shame! (We love you anyway, but seriously get on that). 


photo courtesy of Norman B.

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