[notfarnow]

depends what you want & where.

Even here in the Maritimes, real estate values vary wildly. In St Andrews, just near the Maine border, many americans have snapped up real estate and waterfront is very expensive, if you can find it.

About 5km up the rd, you can get 10 acres of water front for 100k. You'd buy it and sit on it for 20 yrs before it's worth anything.

In my neck of the woods residential propoerty values have gone up 40% in about 2 years.

When I bought my house in 2004, there was a nice 20yr old bungalow for sale down the road for 110k. It was carpeted wall to wall and needed paint, but had a nice 2 car garage and a panoramic view of the river. It sat on the market for 9 months, and eventually sold for 95k. The same house went back on the market a month ago... my uncle just bought it for 260k. It's had maybe 25k of work done since I saw it 3.5 yrs ago.