"PR dR

A PLAYGROUND FOR many North Shere residents ts found at Ambleside beach in West Vancouver.
(Terry Peters photo)

Calgary homes most costly

Shawingan, Quebec at low end of scale

Homes in Calgary’s Mount
Royal residential district are
the most expensive in
Canada, according to a
national home price survey
just released by Ihe Per-
manent Real Estate.

The study ~showed the
average cost of a typical
three bedroom bungalow in
Mount Royal at $150,000
compared to a national low
of $39,000 for a similar home
in Shawnigan, Quebec. In
North Van the price shown is
$110,000 and in West Van
$130,000.

The survey, the first of its

kind undertaken by = the
Nauional realtor, presents
data submitted by the

company's local offices with
the assistance of qualified

appraisers across the
country. Over 135 major
residential areas were
sampled.

Data on three home types
were provided. The first
home was a three bedroom
townhouse, 1,200 square
fect with a common
driveway and single garage.
The second home way a
three bedroom bungalow,
1,300 square feet, with a
single car garage The final
home type was a two-storcy
exccutive home with four
bedrooms, 2,200 square feet,
featuring a main floor family
room with fireplace, and

with a double garage.

Regional price variations -
in the bungalow home type
were gencrally in line with
price variations in the other
two home models.

The Vancouver area
reported bungalow | prices
ranging from $80-$1 30,000
reflecting the upper cnd of
the price scale. Edmonton
prices were tightly grouped

between $80-$90,000.
Lawson Heights in
Saskatoon registercd

Saskatchewan's highest
bungalow price at $80,000.
in Winnipeg prices were
between $60,000 in North
Kildonan and $102,000 in
Tuxcdo.

Ontatio showed = the

middle round with prices -

ranging from $49,900 in
Barvic to a high of $95,000 in
Etobicoke, Toronto. Most
prices in Quebec were $45-
$55,000 with a high of
$100,000 in the town of
Mount Royal on Montreal
Island. A bungalow in
Halifax averaged $64,900.
The Permanent Real
Estate initiated the survey as
@ service to Canadians
relocating to nacw home
markets and copes of the
findings arc availabic
through any of the com-
pany’s 88 local offices across
Canada. The survey will be

repeated twice yearly.

George Robb Drew Finerty

Call us today.

The Real Estate Showcase can put your home
or your listings ‘on view’ across thé whole North

Shore. When you want to advertise in the Real
Estate Showcase, call us

980-0511

Omintona North Shore Free Press Lia

sunday

news

north shore

news

a_\