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mikedilger | 4 years ago

This is true for houses built more than 20 years ago. But houses built in the last 18 years or so almost all have insluation, baths, better joinery, and many with double glazing. We are also starting to see more ducted heat pumps, polished concrete floors, and architectural features like vaulted ceilings, but still playing catch-up with America. While the quality has improved, so has the price.

What always mystifies me is why someone would buy one of these crappy >20 year old homes at $700,000 or more just because of it's location. I'd much rather live on a small farm with a brand new house at the same price.

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LAC-Tech|4 years ago

Most houses that people can afford are built more than 20 years ago though.