Bought A House!

Jul 02, 2010 09:04


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ex_robhu July 2 2010, 17:26:28 UTC
Might I ask how much it was?

The UK average now for housing is $362,000 (CAD). The average in my city is $518,000 (CAD.

So pigwotflies and I rent. We pay $1,172 (CAD)/month for 500 square feet.

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largestill July 2 2010, 18:12:47 UTC
Lot Size: 834 sq.ft.
Living Area: 1,040 sq.ft.

I just noticed it says this now:
Status: Sold on July 2, 2010

We got it for $156k.
Asking was $158.5K.

Monthly Payment: $709.36
Interest Rate: 4.39

All in CAD.

http://www.century21.ca/dennis.richards/Property/NS/B2W_5V7/DARTMOUTH/SILISTRIA_DR/48

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largestill July 2 2010, 18:23:09 UTC
Houses around here are averaging around $200k on the starting end.
Houses in the 150k-170k range are being sold the day the get on the market usually.

We looked at a bunch of places one week and by the next week they were all sold.

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ex_robhu July 2 2010, 18:27:12 UTC
How do salaries compare? Here the median salary is $40,000 (CAD). The mean is $50,000 (CAD).

AFAIK they don't provide the information regionally.

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largestill July 2 2010, 18:49:18 UTC
The average income of a Nova Scotian family is $47,100, ranking close to the national average.
For Halifax, the average family income is $58,262

So I guess about $30,000ish for salary is average for Halifax.

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