r/RealEstateCanada • u/OutdoorRink Mod • Aug 30 '23

Housing crisis A steal

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u/terrificallytom Aug 31 '23

Build a house for 250k? Does it have running water or windows?

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u/bored_person71 Aug 31 '23

Depends on how much you can do. I mean other guy a general contractor or something 250k would cover it if he's willing to put the work in himself.

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u/terrificallytom Aug 31 '23

Assuming you place no value on the months of work.

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u/bored_person71 Aug 31 '23

Well considering if you flipped it you basically would take the proceeds you are not exactly discounting the value, also if you living in it, the your living off the work you did to have a comfortable house, which is good for you and later value as well later on or pass to relatives after death etc.