[danikyvor]

this is absolutely disgusting!!

Fort McMurray Real Estate

If you click on home you'll see a picture of the shack that they're writing about.

My husband has just said 'honey, we are never moving to Fort McMurray, we can't even afford a SHACK'...and I replied with, well we could buy a shack and sell it for 2 million the next day!

lol!

[ziggy]

Not just fort mac.
Homes in Calgary are going up $500.00 per day in value.

In the crowsnest pass they are building Canada's biggest mountain resort,homes are rising in value so fast no one can keep up with the figures.

Old homes bought for $60,000
last year are now going for double as they announced all these condo's were going to be built.

[danikyvor]

That's crazy eh??

[ziggy]

dimoreien wrote:

That's crazy eh??

Construction costs have went up 25 % instead of the usuall 3.

My shacks replacement value went up $40,000 since a year ago.The insurance company likes to remind me of this. The developers are buying up every square inch of land here as fast as they can. No more mountain views available in banff or Canmore so it's our turn now.

Got a bud that moved to the fort and bought a house and rents out to about 6 guys on shiftwork,he makes enough off rent he dosnt have to work.

Cheapest place to live soon will be the 5000 person camp going up for the horizon project.

[danikyvor]

And even THAT won't be cheap, not for long anyway. Geezus! lol


There's a price to pay for getting a job that pays well, and it's not just taxes either :/

[Richard]

The brokenogan is nutz I gave my dad 3000 to buy an old trailer 5 yrs ago and he just sold it for 35,000 and moved to Sask. Once there he bought a 2 bedroom home for 22,000. You haven't been able to purchase a house around here for that since the early 70's and a good job then payed around $4 and change an hour.

[danikyvor]

Richard, do you mean the Okanagan?

Housing is dirt cheap in Saskatchewan....but...then that pretty much described Saskatchewan. Cheap! Not much in the way of work there I don't think?

[ziggy]

Allmost bought a trailer in Kelowna 10 years ago.

Oh well,their building THIS in our little burg. Plus another 3 or 4 thousand condo's.

Think were getting another golf course also.

The folks from the oilsands were at Kimberley BC trying to recruit workers and they will fly them in and back from cranbrook every 2 weeks.
Think Lethbridge is also on the list and even Saskatchewan.

[danikyvor]

Man that Bridgegate looks swanky eh!

I wish they would stop trying to recruit people to Fort McMurray, the city is going to buckle. It doesn't have the space, the housing, the medical care or the school capacity to handle the influx. It's retarded!!

[crystalsm]

Holy crap. That's just crazy.

[ziggy]

But that lake is on the continentle divide and there's a reason you never see anyone boating or swimming on it.The water that feeds it is ice cold and when the wind blows there which it does there's actually whitecaps. Not a nice place to be. It was also a wintering camp for many different native bands so should be interesting when the first backhoe bucket brings up all kinds of artifacts. oh well,it will be warm in the casino.

Fort Mac,folks I talked to said the infrastructure was fine and top notch,they were glad they moved there.

In Kimberley they said they would fly them home after their two weeks in.
They were going to recruit in Alberta first,then BC,then Sask,then the rest of Canada.

As for expansions there,we aint seen nothing yet.Gonna get crazier yet.

[tritium]

I can hardly wait until the economy goes bust and everyone is holding mortgages they can't afford, then you will see prices come down.

It always happens and people never think it will. Just take a look at our history. Same shit, just a different year.

The price of oil come down and the boom is over.

This home sold for $125,000 last year.
http://abmls.mlxchange.com/Pub/EmailVie ... =ALB&t=ALB

[ziggy]

Quote:

The price of oil come down and the boom is over.

Dream on,it's only going up.

[MrMarch]

I'm originally from Fort McMurray. My parents have lived there for almost 30 years. My parents house was valued at about $190,000 in 1998.

They just sold it two months ago for $405,000. Insane no?