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From CTV News (Bell Media):

"It might seem pretty rare to find a house with an elevator, but chances are higher you might find one in Calgary these days."

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[-] ILikeBoobies@lemmy.ca 1 points 2 months ago

A reno to make the house sellable would cost that as well

[-] kandoh@reddthat.com 1 points 2 months ago

Much doubt in that statement. Define 'sellable', is taking the price from 900,000 to 1.1 million making a house sellable? I guess you don't want to leave 270,000 dollars on the table but if they're at the point where they can't walk up stairs ik going to hazard a guess that those amounts will result in the same quality of life for them

[-] ILikeBoobies@lemmy.ca 1 points 2 months ago* (last edited 2 months ago)

Sellable as in the cost/price increase negate each other but you’re actually going to find a buyer within a reasonable timeframe

[-] kandoh@reddthat.com 1 points 2 months ago
[-] ILikeBoobies@lemmy.ca 1 points 2 months ago* (last edited 2 months ago)

Some things to consider

Asbestos/mold will get you passed on unless you’re selling to a flipper

You as a buyer are going to want a home that doesn’t have the above so you’re going to want the money that a home without it provides

Boomers are so financially illiterate that their retirement plans were that their house would pay for the last 20 years of their lives

this post was submitted on 10 Oct 2024
110 points (78.9% liked)

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