Winnipeg's Real Estate Blog
Bo Kuffmann

18 Condos in South End for First Time Buyers

by Bo Kauffmann on April 16, 2010

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Hi Everyone:

I’ve recently had several inquiries by First Time Buyers.  In these days of ‘bidding wars’ for houses, especially in the south end, it is nice to see that $150,000 still buys a nice home…. albeit a condo.

24 Nova Vista condoCurrently, there are 18 condos available in the south end of the city between $99,000 and $160,000.  As an example, an 800-sq-ft condo which shows in absolutely impeccable condition, recently sold for $160,000, where a similar sized house in the same condition, with unfinished basement and no garage would fetch between $220,000 and $230,000 in the same neighbourhood.

Condos are an excellent alternative for First Time Buyers.  If you’re thinking of becoming a home owner, please call me anytime.

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