Depending on what suits your needs - everyone has different living preferences. Some people love the city life and other's suburban life. Then there are those that love the country. I must say the perfect balance for me would be to have 2 places - one in the city and one in the country and depending on how I feel, decide to stay at either one.
Country living is something I get a lot of questions about now a days as people don't want to be driving for hours to go to the cottage. They rather own land in the country areas surrounding the city, for example North Pickering.
A couple last week asked me about the cost of building a new home on vacant land or renovating and existing old home, so I did some research and wanted to share it with everyone.
The cost of building a new home or adding in Ontario ranges from $125-140/sq ft. Now keep in mind that this varies on what you exactly want to get done. If you are doing everything high end then the costs can go upwards to $400/sq ft.
In my research I found a very useful website - http://www.ontariocontractors.com/. This website has a cost estimate calculator which basis the cost on square footage and type of home. It also has a directory of contractors and allows you to tender your project on the site and have contractors bid on your project.
I also felt this was very useful information for people that want to get involved in the flipping business. Flipping is becoming a common thing that one sees happening in Markham Village right now - Buy an old run down home, upgrade or expand the home and resale!
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