Ever since admiring Spencer’s cute home the other day, I’ve had bungalows on the brain. As in… I fell down a real estate rabbit hole, and when I hit bottom, I did a little more digging just to make sure I had really, really looked at every remotely suitable property available in BC.
Drooling over million dollar homes I could never afford wasn’t the game here: I set myself a somewhat realistic budget max of $300,000 (CAD). In Vancouver, $300K gets you a studio condo, or maybe a 1 bedroom if you don’t mind living on East Hastings. There isn’t much potential for dreaming in those scenarios; I much prefer my current apartment to anything that’s for sale in the city. But outside of Vancouver… oh my! The world is my oyster, just waiting for a fresh coat of paint.
942 Glover Road in Trail
This pink palace in Trail is selling for a whole $69,000! There are two one-bedroom suites, and one three-bedroom suite in the building. God knows what the interior is like–there are no photos online–but for $69K, the mortgage would be tiny, and there’d be money left over for renovations. I could live in one of the suites, and rent out the other two. The mortgage would be paid off in no time, and then I could move up the mountain to Rossland (or over to Nelson) and keep my income property in Trail.
There’s actually a ton of ridiculously cheap real estate in Trail. It’s a pretty industrial little place, and compared to most towns in the BC interior, it’s not great. But as a place to start out, and acquire an income property, it could totally work.
1469 Fourth Avenue, Trail
The award for cutest roofline goes to this little charmer. Unfortunately the interior has been renovated in a rather soulless way, but damn–that roofline! This hovel has two bedrooms and one bathroom, all for $129,000.
1722 Leroi Avenue, Rossland
If I did move up the mountain to Rossland after starting my real estate empire in Trail, I could get big ol’ five bedroom, two bathroom house for $294,000. I could rent out the extra bedrooms to ski bums in the winter, and enjoy a taste of that ski season lifestyle. That big deck would be perfect for a snofa!
1881 Second Ave, Rossland
This $220,800 option is utterly devoid of curb appeal. However, the interior has some charm just waiting to be revealed, and I love all these windows. There are three bedrooms upstairs–lots of space for my bedroom, an art studio, and a guest bedroom–with a rental suite in the basement for income.
301 7th Ave, New Denver
Looking outside of the Rossland/ Trail area… I keep having to look up where New Denver is, but I’m sure it’s lovely. And if beautifully preserved historic charm is your thing, this two bedroom, two bath gem could be yours for $228,000. The kitchen and bathrooms could use a little work to get them back into a style better representative of the 1898 glory of the rest of the place, but it would be such a worthwhile project! Really this place is just too fab, and based on the description, some of the crummy un-fun renovation work (like better insulation) has already been done.
1971 Harbour Drive, Ucluelet
And out on the west of the west coast… I suspect in the long run, I do want to be in the interior (for the skiing) rather than out on the coast, and in a house rather than in a condo, but I do have to shout-out this fabulous balcony bathtub in Ucluelet.
436 W 8th Ave, Prince Rupert
Prince Rupert is another great coastal community, and would be much closer to good winter fun than Ucluelet. Besides this fantastic bathroom, this house is cute as a button on the exterior, and has an adorable vintage kitchen that look reasonably functional. Three bedrooms, two bathrooms for $199,000–well under my $300k maximum!
And there are sooooo many more options. I am going to do this again–such fun!