Im looking to upgrade to a small detached house in the $325-400k range at some point. Possibly at the end of the year or next.
Nothing special 1200sq with a finished basement to rent out.
Its a bit of a broad question. How much would household bills be? Heating, Electric and Water? Im trying to calculate numbers to see if I can afford it on my own. But I have no frame of reference here (I live in a condo).
What kind of costs would I be looking at? Also those who have rented out rooms/had lodgers and rented out the basement. What kind of additional costs should would this be. How much would my monthly budget be? (winter and summer).
Any input is much appreciated.