If I had any clue I wouldn’t be selling real estate.
Update for 2017 – In terms of construction costs (land excluded) you can build a solid home for approximately $150 to $160 per square foot. At $200 per square foot you should be getting into a very nice home and beyond $300 per square foot is for the pure custom homes. Prices can be dramatically affected by type of building lot, heating system, and finishing. For example, you can spend $8,000 on Milgard windows or $40,000 on Pella windows. Pricing can also vary by municipality and make sure to add the square footage of the garage into calculations.
Personally, I’ve had good experiences renting my units furnished for several reasons outline in the video.
What no one has bothered to bring up is garden suite building permits will require a BC Housing owner-builder authorization which involved an impossible to pass exam, so good luck with the process 🙂
Evaluating a buyer demographic is important in sale, but the problem in real estate is all buyers whether young or old are using the same tool to find a home; MLS®.