Few things are more stressful than owning a dream home that you can barely afford. How can you make sure to avoid that fate?
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Limited budget need not limit buyer options. A dollar may not go as far as it used to, but $300,000 can still take Calgary homebuyers a long way. “At that price, you could look at a one- or two-bedroom apartment with underground or outside parking, and an elevator if you want a high-rise,” said Monique.
Calgary home choices that won’t break the bank. Not so long ago, half a million dollars in Calgary might get you a starter home, minus the view. Today, buyers in the $300,000 – $500,000 range will like what they see when weighing their options.
Diversity and volume of home options offer something for homebuyers of every stage. There is no such thing as a typical home in the $500,000 to $750,000 price range in Calgary’s market today. “It is more than a starter home, but no mansion,” said Ray Riley, a REALTOR® with RE/MAX First.
Abundance of options underlines the importance of setting priorities. A million dollars used to buy a lot of home for your money. But what will $750,000 – $1 million get a homebuyer in Calgary today? Stephanie Campbell, a REALTOR® with Kirby Cox & Associates, says the answer depends entirely on the homes locations and your lifestyle priorities.
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