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Subject:  Expansion and development

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Andy H

Brooklyn Corner, Nova Scotia

Just thinking out loud here. I can only speak to my small corner of the Universe. Only a few years ago I could pick up a few acres outside Halifax for $20,000-50,000. Seriously, only five years ago I passed on 250 acres, ocean front house included for $220,000. Fast forward, my neighbor sold his one acre property for $656000, even though it was assessed for $270000. There are many, many “ out of towners “ buying up property on a big scale and I don’t think I like it.

There are still some areas in Nova Scotia where you can buy at $1000 an acre but they are disappearing fast. And I’m not telling.

9/23/2021 10:13:25 PM

TruckTech1471

South Bloomfield, Ohio

Same here in The States on a very large scale, Andy.

9/24/2021 9:34:55 AM

26 West

Bush Lot

Same here west of Ottawa. Frame older homes in the 250/300k two years ago are now going over 400k. New construction 350/385 three years ago is now near 800k. Just crazy the prices.

9/24/2021 1:11:53 PM

Jane & Phil

Ontario, Canada

Really crazy here too. Small waterfront homes in our area here are over a million now. 2 years ago I could have had a nice 2+ bedroom place on the water for $650,000. We are 1.5 hours from Toronto in a small town. Prices of regular homes here are up by over 30% in 1 year alone.

9/24/2021 1:25:43 PM

Spudley (Scott)

Alaska

What goes up will come down. Wait!

9/30/2021 1:57:58 PM

Total Posts: 5 Current Server Time: 11/30/2021 1:00:56 AM
 
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