Home buying: What $500,000 gets you in the country and city
The Globe's personal finance team compared urban and rural homes listed at the same price point. Have look at how different the markets are.
Location: Burnaby, B.C. Asking price: $475,000 Year built: 1996 Square footage: 1,232
This two-storey townhome is conveniently located near a Skytrain station, offering direct access to downtown Vancouver. This unit has three bedrooms, two and a half baths, two balconies and even two parking spaces (if you’re not one to rely on public transit).
Location: Lindell Beach, B.C. Asking price: $495,000 Year built: 2000 Square footage: 1,905
For a similar price about 100 kilometres east of Vancouver, you can find this home at almost twice the square footage. The house is on a lot that is almost half an acre and is situated close to a beautiful lake. Stand out features include the newly upgraded kitchen, large windows and a wraparound deck.
Location: Regina Asking price: $489,900 Year built: 2001 Square footage: 1,370
This four-bedroom home nestled in Regina’s trendy Cathedral Area is perfect for a family. Features include a recently upgraded kitchen (complete with stainless steel appliances and maple cabinets), a basement rec room with a built-in entertainment centre, a fully fenced backyard and a partially heated double garage.
Location: Harris, Sask. Asking price: $495,000 Year built: 2012 Square footage: 2,525
This seven-bedroom home, located on about 10 acres in the tiny town of Harris, is about an hour’s drive from Saskatoon. The basement and four-car garage floors are all heated and the master bedroom has both a sitting area and an extra room that could be used for an office or nursery for a growing family.
Location: Hamilton Asking price: $475,000 Year built: In the last five years Square footage: Not available
This beautiful, brick exterior bungalow has four bedrooms and three bathrooms is located in Hamilton’s historic Stoney Creek area. The house has an open concept layout with high, sometimes vaulted, ceilings. Large windows on the main floor allow for lots of natural light and the fully finished basement could also be used as a rental suite.
Location: Selkirk, Ont. Asking price: $479,900 Age: 10-20 years Square footage: 4,200
This custom-built model home is situated on 1.3 acres with waterfront views of Lake Erie about 40 minutes outside Hamilton. The home boasts six bedrooms, hardwood flooring throughout and a beautiful brick exterior.
Location: Fredericton Asking price: $489,900 Age: 76 Square footage: Not available
Located in downtown Fredericton, this two-storey home was built during the Art Deco Era. It features large rooms, four bedrooms, a bathroom complete with jacuzzi and a newly updated kitchen with granite counters and ceramic floors. The backyard has a single detached garage and a covered deck.
Location: Beresford, N.B. Asking price: $499,900 Age: 4 Square footage: 1,800
This three-bedroom home is located on a lot near the shore of Chaleur Bay on New Brunswick’s northern border. Standout features include 10-foot ceilings, solid wood doors and a sound system throughout the whole house. The master bedroom boasts an ensuite and walk-in closet.