Calgary real estate prospects

[bjstare]

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what about a boat
boat ppl are kinda rich right aha

Nope, you can finance the shit out of a boat.

Horses though, emphasis on plural. That’s rich guy stuff.

[89coupe]

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What’s the cost to build these days in Calgary per sq foot? What’s considered mid $/sqft vs highend?

$225-275/sqft for bottom of the barrel
$300-350/sqft will get you a decent home
$400-450/sqft will get you a really nice home
$500+ for really high end

[suntan]

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Nope, you can finance the shit out of a boat.

Horses though, emphasis on plural. That’s rich guy stuff.

You can lease horses.

[Twin_Cam_Turbo]

House I grew up in is up for sale, so many good memories and nostalgia seeing the listing. My dad built the rear deck, the treehouse (minus those steps), the garage, the driveway and retaining wall, and completely developed the basement from nothing when I was a kid. Price seems pretty high still to me, the kitchen is largely the same minus paint, floating ceiling removal and appliances as it was in the 90s. Really the only major changes are paint, major updated upstairs bathroom, windows, front deck and rear flower beds from when we moved out in 2005 (and sold then for $285k). I remember we planted the tree in the front yard too in the early 2000s, it’s really grown.

https://www.realtor.ca/real-estate/2...ry-collingwood

[finboy]

Saw some unknowns walking through my neighbours house and asking about the landscaping and garage, fingers crossed it goes on the market and I can get a good comp and a new neighbour.

[Power_Of_Rotary]

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House I grew up in is up for sale, so many good memories and nostalgia seeing the listing. My dad built the rear deck, the treehouse (minus those steps), the garage, the driveway and retaining wall, and completely developed the basement from nothing when I was a kid. Price seems pretty high still to me, the kitchen is largely the same minus paint, floating ceiling removal and appliances as it was in the 90s. Really the only major changes are paint, major updated upstairs bathroom, windows, front deck and rear flower beds from when we moved out in 2005 (and sold then for $285k). I remember we planted the tree in the front yard too in the early 2000s, it’s really grown.

https://www.realtor.ca/real-estate/2...ry-collingwood

Memories and nostalgia is priceless. Id buy my childhood house back if it ever came on the market.

[SJW]

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Memories and nostalgia is priceless. Id buy my childhood house back if it ever came on the market.

Wouldn't it be weird sleeping in your parents room?

[Power_Of_Rotary]

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Wouldn't it be weird sleeping in your parents room?

I wouldnt live in the house to be honest. Buying my childhood house would be the worst investment as I wouldnt live in it or rent it out.

however, I feel sleeping in my original room would be the most comfortable. It would definitely take me back to a time of no stress and problems lol.

[vengie]

My childhood house was haunted AF.

Would be a hard pass from me.

[killramos]

Yea fuck aspiring to better things than your parents had

[kJUMP]

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$225-275/sqft for bottom of the barrel
$300-350/sqft will get you a decent home
$400-450/sqft will get you a really nice home
$500+ for really high end

Is that for total home square footage or just above grade?

[bjstare]

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Is that for total home square footage or just above grade?

Probably per developed foot.

I probably have said this 1/2 dozen times before, but $500 will not get you really high end. That will get you the high end of builder grade.

[89coupe]

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Is that for total home square footage or just above grade?

Total

[Pacman]

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Probably per developed foot.

I probably have said this 1/2 dozen times before, but $500 will not get you really high end. That will get you the high end of builder grade.

what defines "high end" ? Lots of built in drawers and cabinets in every room? vaulted ceilings etc or is it other things like an overall feeling of the house feeling "solid"?

[Tik-Tok]

Lol, smoke some more crack Mr Realtor.

https://www.realtor.ca/real-estate/2...calgary-acadia

[suntan]

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what defines "high end" ? Lots of built in drawers and cabinets in every room? vaulted ceilings etc or is it other things like an overall feeling of the house feeling "solid"?

Joists every 6 inches.

[ExtraSlow]

Every 4 inches is better.

[ercchry]

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Every 4 inches is better.

ICF is best

[you&me]

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$225-275/sqft for bottom of the barrel
$300-350/sqft will get you a decent home
$400-450/sqft will get you a really nice home
$500+ for really high end

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Probably per developed foot.

I probably have said this 1/2 dozen times before, but $500 will not get you really high end. That will get you the high end of builder grade.

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Total

Sounds about right.

For example, 'Coupe's "partner's" project that he sold earlier this year in Crescent Heights had "over 4,000 developed sf", and was sold for $1.7mm... Honest Door says they acquired the lot for $520k, so net of that, the new home was ~$1,180,000... From there, you can back out the cost of demo ($30k), modest profit ($100k), and of course, the Realtor® commission ($50k), so we can estimate the cost to build was $250 psf... Which is considered bottom of the barrel, by some.

[ThePenIsMightier]

Jab, jab, hook, uppercut.