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Our Richmond story.
Bought in 2008 for 500k. Ran a mortgage for 1.5 years. Paid it all off. Now the value is at 1.45 million assessed this year. Only problem is where the hell do you go for 1.45 million when its the same inventory as when we bought in 2008. The house we live in is pretty crappy, 6000sqft lot, 1400 bungalow. Inside is done up but it really doesn't suite our needs anymore. If we want a new build it's back to square one and pay 2.6 million plus in stupid Richmond.
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