Monday, February 13, 2017

$1.15 Million over asking price........

With the housing market being as crazy at the moment; but this article caught my attention.  The house was listed for $1.19 million and sold for $2.3 million.  This house is in Toronto but when you look at it, I wouldn't pay $500,000 for it, never mind over $2 million.  It looks better on the inside than on the outside.  I wonder if the buyers are going to tear it down and build a mini mansion in it's place?

We were out and about on Saturday having a drive by looking at some houses that caught our eye on MLS.  If you have bought and sold homes before, you like us know that the photos don't show everything.  We drove by three and of the three only one was a possibility and then it was too gut; which at our age is too big of a job for us.  Plus when I spoke to the real estate agent by telephone he was very abrupt, so that put me off.  A good sales rep would have asked questions about what we are looking for etc.  We are in no hurry to move so can take our time looking for the perfect home to retire too.

We are looking to move as we are fed up of paying condo fees that by this coming June will have increased by $120 since we moved here three years ago.  For what we get for that money it would be better in our pocket!!

We also got rid of our guy who shoveled the driveway of snow.  He confused the heck out of us, as we never knew when he was coming and most of the time we ended up doing it ourselves.  Plus it won't kill either of us to do it.  Mind you we got a blast of winter here on Sunday, so out came the shovels........


12 comments:

angela said...

The price of houseing is astonishing.
When they are generally getting up to the million mark you have to wonder. Who can afford that!
I feel for the young trying to buy their first home Take your time. I'm sure they right property will come to you

barbara woods said...

we just retired to Hubby's father's house, been in his family for hundred and 65 years, but then spent all his retirement on keeping it from falling down

William Kendall said...

In some places, particularly Toronto, the housing prices are beyond ridiculous.

Jane said...

That house is way over-priced! Your fees have really increased - I pay condo fees and have for 22 years but they only increased a few dollars per year, thankfully. Good luck with your search.

Karen said...

Having followed your blog for a very long time, I totally get why you aren't so keen on that place anymore.

John Gray said...

Bloody hell

Anne in the kitchen said...

We are looking at downsizing and when we do we will most likely get a house needing a gut job, be will contract some of it out because we have neither the strength nor inclination to do it totally by ourselves.

Carla said...

Isn't that just insane!?! Bidding wars are making many home sellers VERY happy!! I thought the same as you... crazy. Condo fee's are brutal, I wouldn't want to pay those every month either!

kate steeper said...

thats terrifying its more London prices than the rest of the UK , it would buy http://www.primelocation.com/for-sale/property/lincoln/?price_min=750000&q=Lincoln&radius=20&results_sort=highest_price&search_source=refine&view_type=grid

50 and counting said...

My sons are starting to look for places. They refuse to look at condos because of the fees.

A friend is paying $500 a month in fees. Insanity.

Better off putting that towards the mortgage!

Rose said...

First of all, even though the inside of the house is nice, I cannot believe that price.

Also, I wondered how are you feeling? Are you/do you completely recover from the pulmonary embolism? I am not on facebook enough to keep up with everything that is happening.

Jenn Jilks said...

It's tricky moving, isn't it?! sigh.