Archives for cost

How Much Does It Cost to Build a House?

or many Canadians, the dream of building a home is more appealing than just buying one. Building a home comes with many benefits, and if we’re being perfectly honest, some headaches. If you’re considering a custom-built home, here’s everything you need to know. Is It Cheaper to Buy or Build a House? When it comes to the average cost to build a home in Canada, according to Home Builder Canada, the price per square foot for a detached home in major Canadian cities is as follows: Vancouver: $130 – $230 Calgary: $115 – $150 Toronto: $110 – $210 Montreal: $95 –
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Costly Closing Mistakes

Your offer has been accepted, the building inspection passed with flying colours, now you’re on the road to the closing date! Although you have more breathing room now, the deals not done until all documents have been signed on closing. Here are some things NOT to do before that day. Debt to Income Ratio The ratio of your monthly income to your monthly debts is one of the main factors the lender considered when qualifying you. It can be tempting but don’t take out any loans for renovations you want to do on your future home. Also, don’t be tempted
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