Are you considering buying a home in Calgary, but wondering what you can get for your budget of $500,000? We've done some research to give you an idea of what's available in this price range.
Single-Family Homes under $500K
In Calgary's real estate market, $500,000 can get you a decent single-family home. For example, you may find a bungalow-style home with two to three bedrooms and two to three bathrooms, a finished basement, and a garage.
If you're looking for a brand new home, you'll be pleased to know that there are options available for under $500,000. In Calgary's real estate market, you may find newly constructed single-family homes in popular neighborhoods like Mahogany, Cranston, and Evanston. These homes typically offer modern finishes and features, and may have two to three bedrooms, two to three bathrooms, and a garage.
Townhouses for sale under $500,000
For those who prefer a more low-maintenance lifestyle, a townhouse may be a great option. In Calgary, you can find townhouses with two to three bedrooms, two to three bathrooms, and a garage for around $500,000.
Condos for sale from $300,000 to $500,000
If you're looking for a more affordable option or a downtown location, a condo may be the way to go. For $500,000, you can find a two-bedroom, two-bathroom condo with underground parking in Calgary's downtown core. Some of these condos may even have amazing views of the city skyline or the Bow River.
Keep in mind that the location, size, and condition of the property can affect the price of the home. The above examples are just a rough estimate of what you can get for your budget of $500,000 in Calgary's real estate market.
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