The picture above is our current house.
We live in one of the most expensive cities in Canada and are working hard to pay off our bills and to save for a place that we can call our own. In 2008 we took a deep breath and purchased our very first condo. See the picture below.
Yes, that red square box is our unit. All 500 sq feet of it. For $224,000 (2008) that was all that we can afford.
We moved in, got married the same year. Everything was fine until we had our daughter in 2009. Grandma and grandpa moved in and quickly our 500 sq ft home was getting much too crowded. We also realized that the public school in the area was not really in the area. The school was a 7 minute drive away, yikes. The things you don’t think about when you just get married.
In 2012, we decided to move. Sold our condo unit for $229,000 and bought this fixer-upper house for $550,000. It is a 1 1/2 story house with 3 bedrooms and 2 bathrooms. The house was in bad shape and needed a ton of renovations. We bought it anyways because it was a good deal – other houses in the area were going for $700,000.
The house was built in 1949 and we purchased it from the original owner. So we are only the second family to own it. How cool is that!
Barbara told us that her father had purchased the land and was the one who built it. He was a contractor and it has been in the family since. So you can imagine the amount of history.
She told us about how they use to have large parties in the basement and friends would come in and they would jam on their pianos. Pianos! The only thing I’ve jammed on so far is my toes. The floors are all different heights and types in this house. Tripping hazards everywhere! *sigh*
Anyhow, in our city there were always bidding wars for houses. We have been to one where there were 32 people wanting the same house. Barb sold it to us so that we can make our own memories. No need for bidding wars. How sweet.
Any of you ever get caught up in a bidding war for a house? It is one of the most stressful things ever!