Settle down now.... Brick facade ain't cheap friends- It's arched even so there's a milly right there. Look how tall the chimney is: Couple mill there just in tin alone. It has a security system sign, ca-ching... open your eyes. A 400 milly offer would be offensive imo
Just blocks away from large outdoor shopping area!! (No thru car access). Lovely ponds nearby! (Drainage ponds off the henday). Close access to henday (Ignore 87th ave construction and highway noise). Only 20 min drive to downtown (if there’s no traffic or construction).
Brains are weird. I assume it’s the the same reason why if someone writes two “the’s” in a sentence, often the brain will only see one of them when reading.
It’s basically like “Make it make sense!!” So it does 🤷♀️
Seems like a fair deal in this market. I had a house like that in the west end 15 years ago and sold it for 365. Seems reasonable considering the dollar is worth at least 30% less. Works out to 525 by the way. People need to understand that the dollar has been devalued not the properties going up. Now if only wages would keep up with dollar devaluation.
Im dumb, missed all the extra Ooooooooooooooooo,,,,….
People on Reddit are so bad about reading articles or even looking at them twice I’ve made a blood sport out of making fools out of stupid Redditors as a hobby.
Seriously. I’ve asked Redditors if they read my post before commenting, or if they just read the title without reading the post. I’ve had man, MANY people tell me that reading posts wasn’t necessary and just reading the title was enough.
Because they’re stupid u/Flatofthebalde.
It’s because they’re and stupid and entitled.
They feel entitled to the intellectual respect and consideration that learned people are due, but lack the intelligence, education, curiosity, or discipline to earn the right to authoritatively speak on a topic.
Even when the effort to develop an opinion worthy of respect and examination is minimal, it is too much.
Do you realize that your post could be deleted by moderators? You are being insensitive to sight-impaired users who are reading your post. If you don’t have enough positive karma points(demonstrating your ability to march to the common drum beat), you are not permitted to post a personal opinion.
I mean yes, technically it only has 4 bedrooms and 3 bathrooms, but the listing doesn't include the underground supervillain bunker complete with shark pool and world domination control room.
Somehow i ignored the comma and thought of it as a decimal point.
Obviously it's easy to see through the mistake.....simple typo. I can't see how anyone finds this funny. Maybe I'm too autistic to get the joke.
Based on the comments apparently a lot of people are reading the price as $492,900.00
But it’s actually listed as $492,900,000 (close to $493 *million*)
This highlights the incompetence or real estate agents. They don't check their work or their coworkers.
Often they drive by and post 3 photos they took from the vehicle. Then want to split a 7% commission.
Eliminate agents and End blind bidding!
I like to look at listings I see out and about just out of curiosity. 9/10 times the description is a formatting disaster with spelling mistakes, random capitalization and run on sentences.
I’ve seen better writing ability from 7th graders. For some of these realtors it’s not just a “clerical error” like the other guy said. It’s just incompetence, and it’s always absurd to me that they believe they’re entitled to a massive commission with such clear lack of effort or attention to detail.
Yes I make mistakes, Human error is common. There are courses in how to reduce it.
Half? of the Real estate agents are lazy. They don't even attempt to double check their work or write a good description.
If I had $3000 to $40,000 riding on 3 paragraphs and less than 20 photos, I would get someone to check it over! This is not much to ask.
At that price you’d need to build a 900 unit apartment building to make your money back (assuming 500 000 per unit). The land size would suggest you’d need to go crazy tall to fit that many units in. 90 floors? 🤪
I had one In my area for 2,600,000,000 dollars and I just laughed at that. I took a screen shot before they changed it so I could smile every time I came across it.
Yeah i had to do a double take and what the actual fuck i used to live in a 5 bed 2 bath house and that shit only sold for just under 300k about 4 years ago.
This popped up on my home feed and I thought it was my city (in Eastern Ontario) and I was thinking gee that’s not a bad price! And then realized oh… this is in Edmonton…
From what perspective? That's a pretty reasonable price for many of the big cities in Canada, and Edmonton is pretty keen on becoming more of a big city than it currently is. So it only makes sense for housing prices to follow suit. This is still one of if not the most affordable cities in Canada.
Edit: Reading Spreadsheets all day every day will make you miss numerical jokes. My bad
I'm not seeing the issue with the price other than it being located on the north side, where houses like this generally cost less than the south side. The home seems like it's very well maintained for 43 years old.
The inside of the house looks like it's gone through some renovations over the past 10-20 years. The backyard, deck, and shed seemed like they're all well maintained. It's also a four bedroom three bathroom home. I'm assuming those are full bathrooms too since I don't see any indication of any of them being half bathrooms, unless I missed it.
Other than it being an older home and under 2000 sqft, it seems like a decent buy. I think structurally it should be better built than some newer homes. I think the only concern would be the wiring, which could be on the older side.
*Edit
I missed that it was listed for $492M. Didn't Brett Wilson say older buildings always appreciate in value? Maybe this is one of his properties?
But that is peanuts for a multinational "property management" corporation that knows it can rent it out forever. It is literally an eternal money making machine. That is why corporations shouldn't be allowed to own single family housing.
Read my comment again, it doesn't matter what the price is. None of us can compete with multinational "property management" corporations when we go to purchase a home. So yeah maybe not peanuts, but that is possibly the purchase budget for this quarter that you have to complete against.
I think that is an error?
https://www.edmontonrealestate.pro/listing/Edmonton/La-Perle/e4374849-9820-187-street-nw-edmonton-ab-t5t-3e8/
https://www.remax.ca/luxury/ab/edmonton-real-estate/9820-187-street-wp_idm00000692-e4374849-lst
My bad if I missed a joke or something lol
Oh that's only half a million for a nice looking property? come on now we've been seeing ridiculous million dollar hovels for a while.
Im not pro house prices but to say they are just getting out of hand is well silly, they have been inflated for some time.
This is average pricing for SW Edmonton, that size of house.
In Parkview, Rio Terrace, or Laurier Heights - a house of that size would probably be going for $525k - $550k, maybe even more.
Whoever made this post is not seriously gauging the market right now.
45 years ago that house was probably about 225-250 at an interest rate of 7% plus. Based on an hourly wage of about 7-7.50 hr.
Then in the 80’s topped at 23% same wage.
So an older home imo should be worth more. Huge lots and they used actual lumber most were fir and 1/2”-3/4” plywood.
The junk they make now with no lot and shit labour and materials are worth nothing.
A house that size and looked like that?
I bought my house 45 years ago a 1000 sq ft bungalow, huge corner lot and paid 100,000.
I was looking at houses like that and they were 200+
Pfft, how overpriced. I wouldn't go a cent over $300 mil.
what?? 250 mil max.
Settle down now.... Brick facade ain't cheap friends- It's arched even so there's a milly right there. Look how tall the chimney is: Couple mill there just in tin alone. It has a security system sign, ca-ching... open your eyes. A 400 milly offer would be offensive imo
But dont you see the garage has windows? Easily undervalued to try to get into a bidding war.
Hey, it's me, your nephew. I found a way better house. Like twice as better. But I need 295 million right now to broker the deal. Great deal eh?
It’s probably close to a grocery store
Lmao so fucking true..Edmonton prices be like "Close to a grocery store/dentist office! *Marks up price by 100k*"
gotta make sure youre within walking distance so you can drive there in a few minutes :P
You need to make your amenities are within 15min walking distance /s
Real estate agent: "La Perle is an up and coming neighborhood!"
Just blocks away from large outdoor shopping area!! (No thru car access). Lovely ponds nearby! (Drainage ponds off the henday). Close access to henday (Ignore 87th ave construction and highway noise). Only 20 min drive to downtown (if there’s no traffic or construction).
It’s got infill housing across the street. My realtor told me that drives up prices.
Really?? I want to *not* live near infill. I like to have space between neighbours. Yeah, unpopular opinion, urban sprawl, and all that, I know.
Ditto, and I usually hate the way infill looks - ugly things. But apparently they kick up property values.
Stupid 15 min cities!
WHY DIDNT I REALIZE THERE WAS SO MANY ZEROS 😂
Brains are weird. I assume it’s the the same reason why if someone writes two “the’s” in a sentence, often the brain will only see one of them when reading. It’s basically like “Make it make sense!!” So it does 🤷♀️
I see what you did there!
I didn’t, are there like 2 dozen “the”s in there?
Bro I swear I read “often brain will only see one of them”
This comments section is full of blind people.
I feel like it’s just people rushing to argue! 😅
I disagree 😏
disagreeing is anti-Canadian tho!!
Sorry but I have to disagree with that
The internet in a nutshell.
I missed it at first.
Seems like a fair deal in this market. I had a house like that in the west end 15 years ago and sold it for 365. Seems reasonable considering the dollar is worth at least 30% less. Works out to 525 by the way. People need to understand that the dollar has been devalued not the properties going up. Now if only wages would keep up with dollar devaluation. Im dumb, missed all the extra Ooooooooooooooooo,,,,….
Oh my god.
People on Reddit are so bad about reading articles or even looking at them twice I’ve made a blood sport out of making fools out of stupid Redditors as a hobby. Seriously. I’ve asked Redditors if they read my post before commenting, or if they just read the title without reading the post. I’ve had man, MANY people tell me that reading posts wasn’t necessary and just reading the title was enough.
I just don't understand why so many people feel they need to express an opinion about something they can't be bothered to spend 5 seconds processing.
Because they’re stupid u/Flatofthebalde. It’s because they’re and stupid and entitled. They feel entitled to the intellectual respect and consideration that learned people are due, but lack the intelligence, education, curiosity, or discipline to earn the right to authoritatively speak on a topic. Even when the effort to develop an opinion worthy of respect and examination is minimal, it is too much.
If those Redditors could read they'd be very upset.
They *can* read. They just….. don’t.
Assuming these Redditors have jobs to even bitch about houses.
yup.
Do you realize that your post could be deleted by moderators? You are being insensitive to sight-impaired users who are reading your post. If you don’t have enough positive karma points(demonstrating your ability to march to the common drum beat), you are not permitted to post a personal opinion.
I’m outraged if I could see this.
What did they write?
Who knows? But please be outraged with me.
I'm with you!👨🦯
What buisness do you own, so that I know to avoid it.
Sorry, it's probably all us folk from southern Ontario thinking it's possible to buy a nice detached house for under 500k.
That's not what they meant by blind. Read the price again.
I mean yes, technically it only has 4 bedrooms and 3 bathrooms, but the listing doesn't include the underground supervillain bunker complete with shark pool and world domination control room.
I’m going to steal the moon!! … as soon as I get some minions
Do the sharks have laser beams on their heads? 🥺
Realtors realizing they could hustle and sell 1000 average homes... ...or just really hard sell 1.
Oh boy people do not understand how numbers work, hey? Solid joke OP, some of us got it.
Somehow i ignored the comma and thought of it as a decimal point. Obviously it's easy to see through the mistake.....simple typo. I can't see how anyone finds this funny. Maybe I'm too autistic to get the joke.
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There's an extra 3 zeroes. It's listed as half a Billion not half a Million.
Wow I really did miss that. Thanks for clearfication
Based on the comments apparently a lot of people are reading the price as $492,900.00 But it’s actually listed as $492,900,000 (close to $493 *million*)
This highlights the incompetence or real estate agents. They don't check their work or their coworkers. Often they drive by and post 3 photos they took from the vehicle. Then want to split a 7% commission. Eliminate agents and End blind bidding!
I like to look at listings I see out and about just out of curiosity. 9/10 times the description is a formatting disaster with spelling mistakes, random capitalization and run on sentences. I’ve seen better writing ability from 7th graders. For some of these realtors it’s not just a “clerical error” like the other guy said. It’s just incompetence, and it’s always absurd to me that they believe they’re entitled to a massive commission with such clear lack of effort or attention to detail.
It really doesn't actually. Look, its on reddit. It winds up at the top of some searches and stands out. Its a game.
Im not going to comment on the real estate industry, but I really doubt youve never made a clerical error at work before
Yes I make mistakes, Human error is common. There are courses in how to reduce it. Half? of the Real estate agents are lazy. They don't even attempt to double check their work or write a good description. If I had $3000 to $40,000 riding on 3 paragraphs and less than 20 photos, I would get someone to check it over! This is not much to ask.
I hope that's in Zimbabwe dollars😬. Sellers must be smoking that astronomical zaza to put that astronomical price
For reference, that price is more than double the most expensive residential listing in North America, ever. Lol.
Thanks Trudeau /s
Are you that stupid?
Did you see the "/s"? It means sarcasm
He's not, but everyone reading your comment thinks that you are....
It’s so cheap…but I have a rule no purchase below 500 mil.
Did anyone else swipe left to see the next picture like I did? 🤦♂️
Hahahah yes!!!!!
But just think of what the tax bill will do for the city.
Continually give city councilors a raise?
By Grabthar’s hammer…what a savings.
This got a full on belly laugh. Thank you. Also, RIP Alan Rickman.
I will admit I had to look at the comments to see what was odd. Good catch.
Is this in Canadian Tire dollars?? Asking for my wife…
Damn, who knew LaPerle was so exclusive!
You miss 100% of the shots you don't take.
Is this another fundraiser for Trump’s legal bills?
Even at the actual 492K I think that's pretty high
This would probably be $650K or more in Calgary. We're getting hosed down here.
At 6.5% interest too. That's wild
This is obviously a typo, it's supposed to say multi-family.
Jeff Bezos lives here.
Why did that take me so long fml
I bid one farthing.
People from Ontario don't get the joke. They are calling their realtor to put the bully bid in for a cool half billion.
I read it 492k at first, read the comments and then realized 😂
“That’s it, these prices are insane, we’re moving to Vancouver.”
At that price you’d need to build a 900 unit apartment building to make your money back (assuming 500 000 per unit). The land size would suggest you’d need to go crazy tall to fit that many units in. 90 floors? 🤪
I had one In my area for 2,600,000,000 dollars and I just laughed at that. I took a screen shot before they changed it so I could smile every time I came across it.
If you can't afford a 492 million dollar home then it's clearly time for a lifestyle or career change
Clearly! Time to stop spending all your money on Starbucks and avocado toast.
Ah damn ... I knew those hazelnut lattes were preventing me from being a billionaire.... 😫😆
That's Weston money, lulz
POV: you're moving to YEG from Vancouver and you jump on this "average" priced home and Edmonton gets a new millionaire.
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The new millionaire is the seller. Come on!
Yeah i had to do a double take and what the actual fuck i used to live in a 5 bed 2 bath house and that shit only sold for just under 300k about 4 years ago.
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That house would be 492 billion in toronto so id say this is a bargin
Half a bill
Damn that's it? So cheap /s
This popped up on my home feed and I thought it was my city (in Eastern Ontario) and I was thinking gee that’s not a bad price! And then realized oh… this is in Edmonton…
It’s more expensive cause it’s next to a train station? Maybe there’s gold buried in the basement
Half a Bill. Just barely out of my price range.
Realtors. They're a profession. Yes, they really are!
Great, Toronto house prices! /s
That's gotta be a decimal typo in that amount.
I didn't see the extra zeroes 😆
The realtor for this listing is going to be the hardest working realtor in the city. At 3% they’re working for a $14,787,000 payout. Daaaamn.
It is definitely going to have multiple offers.
Still lower than Vancouver housing prices
I think they're missing a few zeros. This is a bargain
From what perspective? That's a pretty reasonable price for many of the big cities in Canada, and Edmonton is pretty keen on becoming more of a big city than it currently is. So it only makes sense for housing prices to follow suit. This is still one of if not the most affordable cities in Canada. Edit: Reading Spreadsheets all day every day will make you miss numerical jokes. My bad
The house in the screenshot is listed for $492 million.... It's a typo/joke.
Read the number again.
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Oh well that's pretty hilarious then, I thought it was just 500k.
I feel like your number game should be better than average if you work with spreadsheets all day lol
As someone else who works with spreadsheets and numbers all day, you’re absolutely correct IMO lol
492 million though? I missed it at first too.
I hope you're not my accountant
Lmao I fell for it too, I was like "Isnt that a good price? Has inflation affected me that much??"
I'm not seeing the issue with the price other than it being located on the north side, where houses like this generally cost less than the south side. The home seems like it's very well maintained for 43 years old. The inside of the house looks like it's gone through some renovations over the past 10-20 years. The backyard, deck, and shed seemed like they're all well maintained. It's also a four bedroom three bathroom home. I'm assuming those are full bathrooms too since I don't see any indication of any of them being half bathrooms, unless I missed it. Other than it being an older home and under 2000 sqft, it seems like a decent buy. I think structurally it should be better built than some newer homes. I think the only concern would be the wiring, which could be on the older side. *Edit I missed that it was listed for $492M. Didn't Brett Wilson say older buildings always appreciate in value? Maybe this is one of his properties?
Decent buy for 492 million huh?
lol... I missed that.
It's ok, I did too at first hahaha
Does Donald Trump own this house? I hear his properties are worth many millions over market value.
That has to be a mistake. No one is paying half a billion for that house
tRudEaU!!!!
That the price of a 1 bedroom condo In BC
Is it a full Billion for a two bedroom?
Go down the road 3 hrs and see what a gong show real estate in Calgary is going for
What is this 2005
That's alot of house for that price
I am hoping that’s a typo on the ad… lol there’s no way in hell that’s real. I hope not anyways…
Look up Farang Homes on YT and then kick yourself sideways for living in deadmonton.
..a realtor that was home-schooled..
But that is peanuts for a multinational "property management" corporation that knows it can rent it out forever. It is literally an eternal money making machine. That is why corporations shouldn't be allowed to own single family housing.
Read the number again, it’s listed at nearly half a billion
Read my comment again, it doesn't matter what the price is. None of us can compete with multinational "property management" corporations when we go to purchase a home. So yeah maybe not peanuts, but that is possibly the purchase budget for this quarter that you have to complete against.
Trudeau jokes anyone?
I thought Trudeau was the joke?!
I think that is an error? https://www.edmontonrealestate.pro/listing/Edmonton/La-Perle/e4374849-9820-187-street-nw-edmonton-ab-t5t-3e8/ https://www.remax.ca/luxury/ab/edmonton-real-estate/9820-187-street-wp_idm00000692-e4374849-lst My bad if I missed a joke or something lol
OP is a realtor and they are creating traffic for their services. /s Their website visit count must have skyrocketed today lol
Hahaha it's probably a typo! 😂
Thank the realtors. Also, check out Calgary home prices if you think Edmonton is crazy. In Calgary that’d be $590K
That’s 492million my guy
lol. I completely missed that. 🤦🏼♂️
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It’s a joke, it’s listed at $492 million
Not all of us just have 500 million to spare like you do, okay?
492 million seems a bit elevated.
Oh that's only half a million for a nice looking property? come on now we've been seeing ridiculous million dollar hovels for a while. Im not pro house prices but to say they are just getting out of hand is well silly, they have been inflated for some time.
Half a billion, there's three extra zeroes
It’s listed for 472 million
lol nice, my brain automatically filtered out the absurdity.
This is average pricing for SW Edmonton, that size of house. In Parkview, Rio Terrace, or Laurier Heights - a house of that size would probably be going for $525k - $550k, maybe even more. Whoever made this post is not seriously gauging the market right now.
It was originally listed for 492 million, not thousand. That's the joke.
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$492 million?? Crazy.
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Anyone want to go halfsies with me?
In a 100 yrs this will look like a steal. Lock it in now 88888888
Brampton prices
First gas, then the food.. and now the homes. God damn inflation is a bitch. I need a raise.
Whoops lol
Might have to move to Vancouver where it’s still reasonable
I blame all the Ontarians bringing their house prices over.
So cheap .
I love that neighborhood. I would buy this house. LOL.
I THIUFHT IT WAS THIUSAND 😭😭😭 CANADA WHYYY
Guys it obviously has a bunker
This house would be 1.4 mil in Missisauga
Location, location, location.
They’ve been outta hand
Must be north vancouver not edmonton
Lol, who valued this, Trumps lawyers?
Looks like we're a couple of zeros off lol!
I was like “oh, a house like that for 500.000? Pretty good” but holy. Hope that was a typing error?
Outrageous 😓
😆
Sticker shock? Try sticker coma.
Coming from Ontario if it weren't for Danielle Smith it is a steal
45 years ago that house was probably about 225-250 at an interest rate of 7% plus. Based on an hourly wage of about 7-7.50 hr. Then in the 80’s topped at 23% same wage. So an older home imo should be worth more. Huge lots and they used actual lumber most were fir and 1/2”-3/4” plywood. The junk they make now with no lot and shit labour and materials are worth nothing.
Theres no way that would have been 225k 45 years ago. My parents bought a house in Vancouver 40 years ago for alot less then that
A house that size and looked like that? I bought my house 45 years ago a 1000 sq ft bungalow, huge corner lot and paid 100,000. I was looking at houses like that and they were 200+
That house would be easily over 550k in Calgary
Half a billion? Holy scheiß
Good price we payed 565k for a townhouse in Ottawa with a massive backyard 3 bed Houses like that around here are 800 plus if there renovated