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Thu, April 12, 2007/ X9 z: j7 n0 J( E' B
) C$ P; n- s* h1 RCalgary ranks sixth as most expensive downtown housing
7 B* Z2 W7 q d4 Q0 kUPDATED: 2007-04-12 16:38:42 MST1 W- H* F9 P6 H
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9 F+ k$ y; B) \2 o3 H2 yMore and more Calgarians are buying downtown homes but paying top price for the prime location.
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People 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. , P# Q0 X s$ n. _' V+ L
, \& q5 j: f( M0 U: ^: w7 R+ ?Calgary ranks sixth most expensive of 31 cities surveyed around the world. # z; q$ B R, d
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The 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. 5 N8 A4 a' K' W( k a2 K, `+ V
3 ~4 H7 E! m+ h& \8 \George 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. : q5 s6 f. F8 `" p' w' R5 n5 P1 o
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“To live downtown people pay for it.”
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4 M- k! A1 t* CA condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500. 1 g0 V' i* ^- O: i# q+ ~0 f: C! o4 i+ ^- i
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1 V& `4 j$ P0 @% l5 n) O. OStill 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.” 7 s" ^/ |( x1 ]) i1 i
: F2 B+ Y5 Y: o1 m8 E9 ]Part of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.
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“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said. 2 S9 n+ r9 Q- ~' \+ ~' x
6 T3 L* e* u4 q- f3 S& ^6 r3 FHe said 30 % of the housing market is condos - the bulk of which are in downtown. + G# R% }5 S9 ?2 n
1 U" M ]% p: R; h8 ~# Y cThe survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.
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% E3 b% w) V$ n8 \8 O: L# _ y+ ~9 aIn 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.
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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. 7 G6 s6 R' O( V7 v0 D2 R
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A 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.
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7 b" U4 v# I: r4 N" W4 h. h- T$ UFAST FAX 6 M5 L/ Q# U5 n0 j
2 m' { o6 O: z) J C- 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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3 w% f- ]( d, M— 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 $119
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$ t' H" Z- G% w8 J* X" CThe 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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