A look across Canada

This post will look at that price range in some of different markets (Edmonton, Calgary, Vancouver and Toronto). The properties picked have the following criteria:

• Asking price around $330,000
  
• Detached single family home
• Not an obvious teardown w/ indoor photos
  
• Close to downtown
  

This was done to avoid comparing a bigger and newer house in a distance suburb of one city to a central teardown in another. Due to the "central single family" criteria these are small places with land being a significant portion of the price. Click on the image for the Google street view.

Edmonton

$324,900
1034sqft, 1950s bungalow
basement suite
3.7km from downtown




Country living in Westmount! 1035 sqft bungalow with double detached garage backing a park is ready for you to call home! 3 generous sized bedrooms up, and your master has a walk in closet, which is rare in a home of this age! Beautiful character has been preserved with coved ceilings, original hardwood floors throughout the main floor, and brand new lino in the kitchen. Downstairs is a fully developed in-law suite with two bedrooms, and a spacious open kitchen into the living area. Basement has a 4 piece bath, with shared laundry area, a furnace that's about 5 years old, and a newer hot water tank. The back yard is very private with large trees, and 6 ft privacy fence. Enjoy quiet fall evenings in the yard around the fire pit. Out your backyard is an off leash dog park to add to your private retreat in the city!

Calgary

$339,900
954 sqft house with finished basement
older house (1911)
3.1 km from downtown


Completely renovated home with a total of 3 bedrooms. Upper floor with huge living room with high ceilings and lots of character! Re done kitchen with stainless steel appliances. Good sized master bedroom and den or dining room. Basement is fully finished with 2 bedrooms, family room and completely renovated 4pc bathroom. Huge yard with single detached garage with electrical and gas hook ups. New furnace and hot water tank. ~Drive by ******* Ave NW~


"Vancouver"

$329,000
1415 sqft* no basement
Actually located in Surrey (24 km to downtown)





Over 1400 sqft. 3 bdrm rancher with loft on a big fully fenced 8000sqft lot. This home has had many upgrades: vinyl siding, newer roof, flooring, hot water tank, decking & more. Large South facing backyard. Close to all amenities, school, shopping, transportation. All measurements approx buyer to verify.

Toronto

$334,900
9.2km from downtown



** Well Maintained 2-Bedroom Bungalow In Demand Location ** Hardwood And Ceramic Floors ** Home Rewired 2009 ** 100 Amp Breakers ** New Cac And Furnace 2009 ** Some New Windows ** New Front Door**Updated Roof ** Wrought Iron Fence At Front ** Updated Bath ** Well Kept Home! ****** EXTRAS **** ** Fridge ** Stove ** New Washer ** New Dryer ** Microwave ** All Window Coverings ** All Light Fixtures ** New Furance And Cac **

American and Canadian House Prices

Metro Area	Median
Saginaw-Saginaw Township North	$61,400
Youngstown-Warren-Boardman	$70,700
Lansing-E.Lansing	$86,600
Toledo	$88,300
South Bend-Mishawaka	$88,500
Decatur	$88,500
Canton-Massillon	$89,300
El Paso	$94,500
Grand Rapids	$97,100
Cape Coral-Fort Myers	$98,000
Ft. Wayne	$102,500
Ocala	$102,700
Erie	$102,800
Akron	$107,200
Rockford	$108,700
Palm Bay-Melbourne-Titusville	$109,500
Topeka	$111,100
Dayton	$111,600
Springfield	$113,800
Binghamton	$114,200
Springfield	$114,400
Davenport-Moline-Rock Island	$115,600
Cleveland-Elyria-Mentor	$115,800
Waterloo/Cedar Falls	$118,200
Buffalo-Niagara Falls	$119,700
Indianapolis	$120,200
Wichita	$120,400
Florence	$121,300
Rochester	$121,500
Cumberland	$122,100
Amarillo	$122,500
Appleton	$123,500
Chattanooga	$124,100
Pittsburgh	$124,600
Syracuse	$125,200
Peoria	$125,200
Gary-Hammond	$126,600
Deltona-Daytona Beach-Ormond Beach	$126,700
Spartanburg	$127,200
Mobile	$128,300
Memphis	$129,300
Atlanta-Sandy Springs-Marietta	$129,400
Greensboro-High Point	$131,700
Cincinnati-Middletown	$131,700
Charleston-North Charleston	$132,000
Tulsa	$132,100
Little Rock-N. Little Rock	$132,500
Elmira	$132,800
Beaumont-Port Arthur	$133,600
Kankakee-Bradley	$133,600
Lincoln	$133,600
Montgomery	$134,200
Green Bay	$135,300
Louisville	$135,600
Saint Louis	$136,400
Sioux Falls	$137,200
Tampa-St.Petersburg-Clearwater	$137,400
Omaha	$137,600
Corpus Christi	$137,800
Gulfport-Biloxi	$138,000
Las Vegas-Paradise	$138,500
Champaign-Urbana	$140,600
Jackson	$141,200
Knoxville	$142,000
Fargo	$142,100
Columbus	$142,600
Phoenix-Mesa-Scottsdale	$142,700
Columbia	$144,000
Oklahoma City	$144,100
Lexington-Fayette	$145,000
Jacksonville	$145,700
Cedar Rapids	$145,700
Tallahassee	$145,900
Greenville	$145,900
Kansas City	$146,200
Columbia	$148,800
Dallas-Fort Worth-Arlington	$150,500
Pensacola-Ferry Pass-Brent	$151,700
Hagerstown-Martinsburg	$151,900
Shreveport-Bossier City	$152,300
Glens Falls	$152,400
San Antonio	$152,800
Birmingham-Hoover	$153,300
Boise City-Nampa	$154,700
Reading	$156,400
Des Moines	$156,600
Bismarck	$157,200
Bloomington-Normal	$157,200
Orlando	$157,900
Yakima	$158,400
Houston-Baytown-Sugar Land	$160,600
NY: Newark-Union	$164,300
Baton Rouge	$166,900
Riverside-San Bernardino-Ontario	$168,100
Gainesville	$171,800
Kennewick-Richland-Pasco	$172,200
Tucson	$174,000
Spokane	$177,600
Salem	$180,400
Albuquerque	$183,500
Durham	$184,300
Minneapolis-St. Paul-Bloomington	$184,800
Sarasota-Bradenton-Venice	$185,200
Farmington	$186,500
Sacramento--Arden-Arcade--Roseville	$186,600
Austin-Round Rock	$189,100
Reno-Sparks	$192,200
Charleston	$195,100
Colordo Springs	$195,100
Albany-Schenectady-Troy	$195,400
Springfield	$195,400
Milwaukee-Waukesha-West Allis	$199,500
Charlotte-Gastonia-Concord	$199,600
Dover	$200,000
Pittsfield	$200,500
Portland-South Portland-Biddeford	$202,800
Eugene-Springfield	$206,600
Kingston	$206,600
Raleigh-Cary	$207,900
Chicago-Naperville-Joliet	$210,100
Virginia Beach-Norfolk-Newport News	$215,000
Miami-Fort Lauderdale-Miami Beach	$217,000
Norwich-New London	$217,100
Madison	$217,900
Salt Lake City	$218,900
Atlantic City	$223,000
Worcester	$224,100
Philadelphia-Camden-Wilmington	$227,500
Denver-Aurora	$229,100
Providence-New Bedford-Fall River	$229,700
Allentown-Bethlehem-Easton	$230,500
Hartford-West Hartford-East Hartford	$237,500
Manchester-Nashua	$237,600
NY: Nassau-Suffolk	$241,300
Portland-Vancouver-Beaverton	$244,500
Baltimore-Towson	$261,100
Trenton-Ewing	$291,200
Barnstable Town	$319,700
Seattle-Tacoma-Bellevue	$321,500
Washington-Arlington-Alexandria	$324,700
Edmonton Area	$328,043
New Orleans-Metairie-Kenner	$343,800
Los Angeles-Long Beach-Santa Ana	$345,600
Boston-Cambridge-Quincy	$348,000
Boulder	$358,300
San Diego-Carlsbad-San Marcos	$378,100
New York-Northern New Jersey-Long Island	$384,900
New York-Wayne-White Plains	$385,400
Calgary City	$388,721
Nashville-Davidson--Murfreesboro	$389,100
Bridgeport-Stamford-Norwalk	$398,200
New Haven-Milford	$449,700
Anaheim-Santa Ana	$498,800
San Francisco-Oakland-Fremont	$538,100
San Jose-Sunnyvale-Santa Clara	$566,000
Fort McMurray (avg)	$600,970
Greater Vancouver (benchmark)	$710,892
Kalamazoo-Portage	N/A
NY: Edison	N/A
Richmond	N/A
Danville	N/A
Detroit-Warren-Livonia	N/A
Honolulu	N/A

Canadian dollar @ 0.9481 November 12, 2009
Sources
http://www.rebgv.org/
http://money.cnn.com/2009/11/10/real_estate/latest_home_prices/index.htm
http://www.ereb.com/REALTORSAssociationOfEdmonton.html
http://www.creb.com/
http://www.woodbuffalo.net/AboutCostHouse.html

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%