cut from an off-topic discussion from another thread:
Quote:
Originally Posted by Crawford
Good Chicago neighborhoods aren't cheap. Apples-to-apples you're probably spending about the same as in Toronto.
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i'm not so sure about that.
we got a 3 bed/3bath 2,300 SF condo in a 3-flat in a "good" neighborhood of chicago for $420K. granted, the brown line rumbles directly down our alley every several minutes, so that knocks down the value a bit, but still, not bad at all for a family-sized home in a major, urban US city.
i just zillowed toronto and couldn't find a single 3 bed/3 bath property of any type for sale under $450K
ANYWHERE within city limits. not a single one.
i bumped the max up to $600K, and a handful of properties appeared on the fringes of the city (ie. the least urban, least interesting parts of city proper toronto).