Comments on: No turning back

By: DepositChange

DepositChange — Mon, 11 Jan 2010 03:49:08 +0000

And here we are in January of 2010, Winnipeg, MB, where a 980 sq ft bungalow in Fort Garry listed at $194,900 sells for just over $240,000.

This house was absolutely nothing special, had a ten year old roof, hot water tank, and furnace… and needed work in the basement in regards to renovating a bathroom, floors, and was covered in about ten shades of wood panel.

Not to mention there were ten bids on this home. You folks might want to reconsider your 2008 predictions as they seem to be horribly, horribly off.

By: Dan

Dan — Tue, 05 Aug 2008 17:51:37 +0000

All you Winnipeg bashers should just shut your yaps. If you knew anything about Winnipeg’s economy you’d understand why it’s housing market is relatively stable (except for the last few years) and it’s economy is relatively boom and bust resistant. It is an extremely diverse economy with engines in both high-tech and low-tech manufacturing, energy, natural resources and services (among others). I have lived in Vancouver, Edmonton and Victoria and have travelled across North America. People who bash Winnipeg, generally have no clue what Winnipeg is and often have never even been there. Check your facts before you make idiotic suppositions.

The housing market in Winnipeg will slow and flatten out by mid-summer 2009. Bidding wars will end but pricing overall won’t see significant drops. Winnipeg’s economy will continue to chug along unapologetically, as it always does. No big booms…no big busts. Just steady as she goes.

And as for the mosquitoes… it’s been a beautiful sunny summer. The lakes are gorgeous and the city looks fine!

By: lazer

lazer — Thu, 10 Jul 2008 01:41:33 +0000

winnipeg believe it or not is actually a fairly desirable city to live in. ive done alot of travelling, ive lived in ft mcmurray, edmonton, calgary and toronto, but i have my home in winnipeg. we are definately behind in the real estate boom, and i do believe that in 2 or so years the market will decline. there is alot of industry in winnipeg and because it is cheaper to live and the wages are cheaper there is more coming in all the time. in my opinion thats the main reason we are behind the housing boom. once the rest of the countrys prices go up business moves to the cheaper citys like winnipeg and saskatoon.

By: Out of here

Out of here — Fri, 04 Jul 2008 07:29:17 +0000

I was fortunate settling down have 2 kids, buying a 1/2 duplex in Richmond, BC and now just recently selling my home. I feel like I’ve dodged a bullet or training heading in my general direction. I’ve decide to pack the family and for the same price in Vancouver getting a couple of acres in Ottawa with a nice home on top of it?

Was I wrong? I don’t know.

By: B2B

B2B — Wed, 02 Jul 2008 22:01:57 +0000

The fact people are even talking about Winnipeg being a desirable place to live and ever catching up to Canada – laughable concepts both – portends a crash there.

Edmonton used to be the butt of jokes about “Deadmonton”. Winterpeg is so irrelevant it doesn’t even get many jokes. I’m sure there’s nice people there, but honestly. Ask someone from elsewhere in the world what they think of Winnipeg, and they’ll either say “wha?” or mention igloos and mosquitoes.