Why the sudden drop in SFH prices?Posted by GM on Friday, December 18th, 2020 at 5:46am
So a new home with a particular sq ft should be double the price of an older home with same sq ft?
People who don't understand the replacement cost of a new home on a standard sized lot is about double the price of a single detached resale home in Edmonton. The rest of the country sees about a ten percent difference between resale and new, not so in Edmonton.Posted by Tony on Sunday, December 20th, 2020 at 1:41am
Re: So a new home with a particular sq ft should be double the price of an older home with same sq ft?
Only in Edmonton and like I said the rest of the country sees about a 10 percent price difference between new and resale.
So I should be buying used homes in Edmonton.Posted by GM on Saturday, December 26th, 2020 at 7:45pm