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Thu, April 12, 2007) f. C- t' A6 h) m1 M
- ~% ~) Z- l9 L$ @7 v. YCalgary ranks sixth as most expensive downtown housing+ _9 ?# C$ y! `+ g7 [) z
UPDATED: 2007-04-12 16:38:42 MST$ d& z- a! }* _& V
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More and more Calgarians are buying downtown homes but paying top price for the prime location.
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; @1 `7 @' [# HPeople who live in downtown business districts in Canada’s largest cities generally pay less per-square foot than people in cities around the world and enjoy shorter daily commutes to work, according to a recent survey done on first-time home buyers by CENTURY 21.
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Calgary ranks sixth most expensive of 31 cities surveyed around the world. ; o: K/ U9 C+ k- Y5 S0 R
% R4 G* M! g6 M$ D! Q l! g! OThe cost to buy in Calgary’s downtown is even more than settling in Toronto’s core which ranked 16th in the survey with the average cost running $209 per sq. ft.
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) U6 ?" j& {" H) cGeorge Bamber, owner of a Calgary-based Century 21 said it’s a sign of a city maturing and becoming more like Vancouver or Toronto where downtown is a place where people live and work.“You just get more real estate for your money outside of downtown,” he said. $ }/ K' `0 r0 g0 v' r$ c) T
% h7 ^" a$ F5 G0 m$ P“To live downtown people pay for it.”
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, s9 I( o( H1 bA condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
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Still Bamber said the interest in downtown living only seems to be getting more popular — a sign Calgary is “getting to be more like a big city.”
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2 P; W/ F: i: LPart of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.
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+ P/ z: ~! x. u“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said. 0 C$ K: k% F% c: X( g2 B
) f$ g6 O3 q$ DHe said 30 % of the housing market is condos - the bulk of which are in downtown. - g% H8 C9 M" u/ |$ I
! @; r, X' M& _; G Y7 r/ UThe survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.
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In Calgary, a typical first-time buyer would choose a one-bedroom, one-bath 500-sq. ft. apartment in Mission or Connaught priced at about $250,000 and a 10-minute drive or 20-minute walk to the downtown business core and the Calgary Tower. % C9 o/ G2 Z) K! B1 Z
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While those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.
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/ v" s, [, e# |/ y. s" [A 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance. $ A9 s9 Z1 ?: s- e. n" R! c
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- St. John’s and Quebec City had the lowest and second-lowest per-square-foot downtown prices of all 31 cities surveyed, at $55 and $93 respectively.— The two lowest per-square-foot prices for international cities were Istanbul, Turkey and Sydney, Australia, at $94 and $105 respectively.
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. c/ s) X2 e' I2 |— Vancouver was fourth most expensive at $577 per square foot while Calgary was sixth most expensive at $500 and Edmonton was 10th most expensive at $322 — Globally Paris was the most expensive at $1,051 per square foot while London was fifth most expensive at $532 and New York was eighth most expensive at $375 The 10 least expensive downtown housing markets as ranked per-square-foot for first-time buyers are; St. John’s $55 Quebec City $93 Istanbul $94 Halifax $97 Charlottetown $104 Sydney, Australia $105 Bogota $114 Mexico City $119
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The 10 most expensive downtown housing markets; Paris $1051 Moscow $688 Seol $630 Vancouver $577 London, England $532 Calgary $500 Athens $375 New York City $375 Tokyo, $325 Edmonton $322. |
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发表于 2007-4-13 07:37
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