Showing posts with label USA. Show all posts
Showing posts with label USA. Show all posts

Friday, October 23, 2009

craigslist rental sample

The price to rent ratio remains elevated in Calgary and Edmonton. I suspect this is due to an irrational negative attitude toward renting in Alberta and very low interest rates. However, I do think that some part of the price difference between Alberta and the US is a real difference between the cost to rent (and build). Its simply more expensive to rent in Calgary and Edmonton than Phoenix and because of this prices should be comparatively higher.

Consider this selection of craigslist rental ads for $1250.

Edmonton

$1250 / 2br - Apartment For Rent at RentersOnline.com

Two -2- Bedroom, apartment condo , approx 900 sq ft with a nice sized west facing balcony in a 3 yr old west end elevatored building is available immediately. The suite comes complete with fridge, stove, dishwasher, washer and dryer.

The suite also features underground parking.

The unit is on the top floor so there will be no noise from above.

Heat and Water are included in the rent.

The master suite has a walk in closet and full 4 pce bathroom. The second bedroom has a large closet with sliding mirror doors. The second bathroom is next to the second bedroom and is a full 4 pce bathroom and also houses the upright washer and dryer.

The suite also has a full storage room and linen/storage closet.

The kitchen, with ample counter and cupboard space, is open onto the living/dining room and comes with an island.

The suite is located in an area that is close to schools, YMCA, parks, shopping, dining,transit , just south of the Whitemud and just west of 170 st.

Lease duration is negotiable but preference is given to a 1 yr lease.

Calgary

$1250 / 2br - Stylish 2 Bedroom Upper Suite in Killarney (Killarney / Inner City)


Beautiful and bright 2 bedroom upper suite in the desirable inner-city community of Killarney. Minutes from Downtown, Marda Loop and Mount Royal College. Located on a quiet tree lined street conveniently nestled just several blocks from 26th Avenue and 17th Avenue transit corridors. Close to Westbrook and Westhills shopping centres; Killarney pool; parks, and University of Calgary with easy access to Crowchild Trail and Glenmore Trail.

Crisp, clean, open concept suite with laminate and tile flooring and a brand new renovated bathroom. Features a private balcony, high ceilings and in-suite laundry. Street parking (a two car insulated garage is also available).

No smoking or pets. Please call for more information and to schedule a showing of this beautiful suite!

Phoenix (Mesa)

$1250 / 3br - 2Ba-Single Story-2160 SqFt-3 Car Garage-Inc Gardener (Mesa)


This is a Spacious near new 2160 SqFt 3br 2ba single story home. 3 car garage with electric garage door opener. Beautiful earthtone carpet, and tile through out. Large master bedroom with sitting area and a hugh walk-in closet, garden tub, and separate shower. Raised vanities, ceiling fans, separate laundry room and Faux wood binds throughout. Upgraded kitchen cabinets, gas range and microwave. Grass landscape in rear with rock landscape in front all irrigated by electric timer. 1 mile South of 60 Freeway close to schools and shopping. More pics and floor plan on request.

  • cats are OK - purrr
  • dogs are OK - wooof

Saturday, March 28, 2009

Dare to Compare

A few things happened since I last compared to US home prices.
  1. Canadian dollar went down considerably making Canadian real estate less expensive (to Americans). Last time I did this there was no need to convert currencies.
  2. Many US cities experienced brutal declines. Note that American cities are from Q4 2008, Calgary and Edmonton are from February 2009.
  3. Alberta prices fell but less than many U.S. cities when looking at local currency.
  4. Some US cities literally fell off the charts. For instance Detroit, where average price $13,638. I am sure sales mix has an impact on this number, possibly why it was not included on CNN.
US prices from CNN
Edmonton prices from EREB
Calgary Prices from Mike Fotiou
Fort McMurray Prices
Currency converter

Metro Area State Median home price ▲ % change YOY
Tulsa OK N/A N/A
Nashville-Davidson-... TN N/A N/A
Kalamazoo-Portage MI N/A N/A
Detroit-Warren-Livonia MI N/A N/A
Danville IL N/A N/A
Saginaw MI $43,900 -41.4%
Youngstown-Warren-B... OH-PA $61,700 -0.2%
Toledo OH $75,600 -27.3%
Decatur IL $79,300 5.9%
Lansing-E.Lansing MI $80,000 -27.0%
Canton-Massillon OH $80,400 -18.0%
Grand Rapids MI $80,500 -35.2%
South Bend-Mishawaka IN $80,800 -6.4%
Elmira NY $80,900 -0.4%
Akron OH $86,100 -21.1%
Dayton OH $87,800 -17.6%
Cleveland-Elyria-Mentor OH $88,300 -25.5%
Ft. Wayne IN $88,600 -2.5%
Erie PA $95,200 -3.4%
Springfield IL $96,700 -11.0%
Cumberland MD-WV $96,900 -16.9%
Davenport-Moline-R... IA-IL $98,400 -3.6%
Memphis TN-MS-AR $100,200 -19.4%
Indianapolis IN $100,200 -12.1%
Topeka KS $104,800 -6.7%
Waterloo/Cedar Falls IA $105,200 -8.8%
Binghamton NY $105,800 -3.7%
Buffalo-Niagara Falls NY $106,200 0.8%
Pittsburgh PA $109,100 -6.7%
Cape Coral-Fort Myers FL $110,900 -50.8%
Rockford IL $111,500 -1.5%
Rochester NY $112,500 -6.9%
Saint Louis MO-IL $113,700 -14.8%
Syracuse NY $114,100 -9.7%
Gary-Hammond IN $115,100 -7.6%
Cincinnati-Middletown OH-KY-IN $116,000 -12.4%
Springfield MO $117,100 -3.0%
Peoria IL $117,200 -1.1%
Wichita KS $118,200 3.9%
Florence SC $119,100 1.9%
Spartanburg SC $120,800 -0.8%
Ocala FL $121,700 -21.5%
Amarillo TX $122,600 2.0%
Palm Bay-Melbourne-Titusville FL $123,600 -18.3%
Chattanooga TN-GA $123,800 1.8%
Louisville KY-IN $124,000 -6.8%
Oklahoma City OK $124,200 -7.9%
Charleston WV $124,800 1.5%
Mobile AL $125,000 -9.0%
Little Rock-N. Little Rock AR $125,200 -1.8%
Kankakee-Bradley IL $125,600 1.0%
Montgomery AL $126,300 -11.9%
Columbus OH $126,500 -7.8%
Jackson MS $126,600 4.7%
Appleton WI $127,600 -2.5%
Atlanta-Sandy Springs... GA $129,200 -21.4%
Gulfport-Biloxi MS $129,500 -13.9%
Omaha NE-IA $129,700 -4.4%
Kansas City MO-KS $131,000 -11.6%
Champaign-Urbana IL $132,000 -8.1%
Beaumont-Port Arthur TX $132,600 16.7%
Lincoln NE $133,100 -3.6%
Corpus Christi TX $134,000 -2.8%
Greensboro-High Point NC $135,400 -10.2%
Birmingham-Hoover AL $135,400 -13.3%
Cedar Rapids IA $136,900 1.5%
Dallas-Fort Worth-Arlington TX $138,000 -4.8%
Columbia MO $138,100 -4.2%
Lexington-Fayette KY $138,200 -3.3%
Shreveport-Bossier City LA $139,200 2.8%
Columbia SC $139,200 -3.9%
Fargo ND-MN $140,100 -1.1%
El Paso TX $140,700 5.3%
Knoxville TN $141,700 -8.6%
Houston-Baytown-Sug... TX $142,100 -5.5%
Sioux Falls SD $142,400 Unch
San Antonio TX $143,400 -5.5%
Deltona-Daytona Beach-Or... FL $143,600 -20.7%
Yakima WA $145,900 -14.4%
Green Bay WI $146,600 -1.5%
Greenville SC $146,900 -5.5%
Glens Falls NY $147,600 -9.9%
Des Moines IA $149,700 -1.9%
Tallahassee FL $150,100 -17.0%
Tampa-St.Petersburg-Clearwater FL $151,500 -24.9%
Pensacola-Ferry Pass-Brent FL $151,700 -3.0%
New Orleans-Metairie-Kenner LA $154,900 -2.1%
Reading PA $155,100 1.0%
Phoenix-Mesa-Scottsdale AZ $155,900 -35.5%
Baton Rouge LA $156,400 -7.8%
Bloomington-Normal IL $159,300 9.6%
Jacksonville FL $160,700 -9.5%
Bismarck ND $164,300 6.0%
Durham NC $165,600 -7.0%
Kennewick-Richland-Pasco WA $165,900 -3.8%
Boise City-Nampa ID $168,800 -14.7%
Hagerstown-Martinsburg MD-WV $171,400 -10.8%
Gainesville FL $174,000 -11.5%
Orlando FL $175,200 -27.1%
Sarasota-Bradenton-Venice FL $178,100 -35.0%
Las Vegas-Paradise NV $181,700 -33.6%
Albuquerque NM $183,700 -6.2%
Austin-Round Rock TX $184,800 -0.1%
Farmington NM $185,000 -0.8%
Tucson AZ $185,900 -21.2%
Spokane WA $185,900 -4.2%
Charlotte-Gastonia-Concord NC-SC $186,300 -9.0%
Springfield MA $186,400 -9.7%
Colordo Springs CO $187,000 -11.2%
Sacramento--Arden-Arc... CA $187,900 -36.9%
Minneapolis-St. Paul-Bl... MN-WI $188,600 -13.2%
Albany-Schenectady-Troy NY $193,100 -3.6%
Charleston-North Charleston SC $193,800 -5.2%
Milwaukee-Wauk... WI $194,900 -11.2%
Salem OR $198,000 -14.4%
Richmond VA $199,400 -11.7%
Denver-Aurora CO $200,800 -12.7%
Riverside-San Bernardino-Ontario CA $201,300 -40.8%
Pittsfield MA $206,000 1.7%
Philadelphia-Camden-Wilmin... PA-NJ-DE-MD $212,500 -6.3%
Dover DE $212,500 6.5%
Eugene-Springfield OR $212,800 -10.4%
Portland-South Portland-Bi... ME $214,500 -11.4%
Worcester MA $217,000 -16.2%
Chicago-Naperville-Joliet IL $217,800 -16.6%
Virginia Beach-Norfolk-Newport News VA-NC $222,000 -5.9%
Norwich-New London CT $223,100 -11.6%
Kingston NY $224,000 -9.0%
Providence-New Bedford-... RI-MA $224,500 -17.8%
Salt Lake City UT $225,400 -1.6%
Madison WI $227,000 -0.3%
Atlantic City NJ $229,100 -17.8%
Raleigh-Cary NC $230,900 -2.0%
Reno-Sparks NV $231,200 -23.3%
Hartford-W/E CT $233,700 -9.4%
Miami-Fort Lauderdale FL $234,200 -32.3%
Allentown-Bethlehem-Easton PA-NJ $238,000 -3.4%
Manchester-Nashua NH $238,600 N/A
New Haven-Milford CT $240,400 -10.6%
Trenton-Ewing NJ $247,800 -19.2%
Baltimore-Towson MD $260,100 -5.5%
Portland-Vancouver-Beaverton OR-WA $264,500 -9.0%
Edmonton AB $270,178 (335KCAD) -9.4%
Washington-Arlington-Alex... DC-VA-MD-WV $295,100 -26.2%
Boulder CO $324,400 -12.6%
Calgary AB $302,438 (375KCAD) -12.4%
Barnstable Town MA $325,300 -14.9%
Seattle-Tacoma-Bellevue WA $325,900 -13.7%
San Diego-Carlsbad-San Marcos CA $332,800 -36.4%
Boston-Cambridge-Quincy MA-NH** $335,700 -11.8%
NY: Edison NJ $343,600 -7.2%
Los Angeles-Long Beach-Santa Ana CA $354,300 -31.4%
NY: Newark-Union NJ-PA $373,600 -14.3%
Bridgeport-Stamford-Norwalk CT $379,700 -17.5%
NY: Nassau-Suffolk NY $381,300 -17.4%
NY-Northern NJ-Long Island NY-NJ-PA $390,400 -14.6%
NY-Wayne-White Plains NY-NJ $458,600 -11.7%
Anaheim-Santa Ana CA $464,800 -30.8%
San Francisco-Oakland-Fremont CA $487,100 -37.4%
San Jose-Sunnyvale-Santa Clara CA $525,000 -37.7%
Fort McMurray (avg) AB $553,342 ($656KCAD) 3.6%
Honolulu HI $610,000 -2.4%