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- This topic has 36sd replies, 15 voices, and was last updated 16 years, 11 months ago by
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Well it’s probably too early to get excited but I just had to share.
I rent right now with Dave. I like our apartment, it’s nice and it’s big for an apartment-almost 1000 sq feet. However our rent is high; Most of you probably read about our horrendous day when the fire alarm went off, then flooding, then no heat or hot water…because a boiler exploded in my building. Sooo instead of an apology at the least or a break in rent-they sent us a notice that they are raising our rent. RAISING it-in this economy??
There are vacancies all over-we moved in during the housing crisis when they could charge anything they wanted as there was nothing available. There is just no justification for raising it. Although we could afford it, I’m just sick of renting. AND we’re in a third story walk up so it’s a pain to take up groceries, take out garbage..just a pain in the butt
Sooo I started bugging Dave to get our own place. Things are still pretty expensive here, but it’s no longer how it was-bidding wars on houses, houses selling for above asking price before they are even listed. Some people are sitting on houses for months! However a small house, 600 sq feet in a bad part of town is still going for 200, 000 plus.
So we’re looking at trailers! I know…But there is a really nice trailer park in Sherwood park (A suburb) which is close to our parents as well, close to work and closer to my shelter (I currently drive forty plus minutes to get to my shelter, if we move it will be fifteen minutes.)
The bonus would be cheaper payments monthly PLUS we’d actually own something -have something to show for how much we’re paying monthly. It’d be a bit larger then our apartment (approx 200 more sq feet) and four hundred$ less a month! AND we’d have laundry machines in it, rather then using shared apartment laundry-a big plus for me!!
OK the BEST part. They are three bedroom trailers, so the bunnies get their own bedroom!! I’m so excited-I’m going to paint it and put one of our couches (we have FOUR couches lol) in there so I can go in and hang out with them!
So I’ll keep you posted but we’re meeting with mortgage brokers this week, and Daves best friends parents are realtors so they’re already lining up places for us to view-one even has a hot tub in the yard!!!
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Scooter here. I admit I had the same initial reaction to “trailer” as many might, but after looking at it some more, this place doesn’t look too bad. We have seen your apartment, K&K, and you have seen where we used to live: a very modest rental house of 1100 sq. ft. This mobile home is bigger than that, and definitely has a nicer interior. And the price is right…way under what you must be paying for rent, even if you had to borrow it all.
I’m starting to think that we should have looked into this!
What is the resale market for mobile homes in the Edmonton area? Unless you feel you will stay there forever, you will want to make sure that you can sell it eventually. That was the one thing that made me feel better about NOT buying even a condo when I first moved to Edmonton in ’02 before the housing market really took off: it would have been difficult to sell it last year, so if it wasn’t rented, we’d be dealing with double mortgage payments.
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We’re viewing a few on Wednesday!! Including one we found last night, it’s 1500sq feet, and it’s super cheap because it’s being sold in an estate sale-so they want it gone asap!!
Dave (he’s a fix it, do it yourselfer-luckily one who does a very good job and knows what he’s doing-we’ve all had someone we know who *thinks* there a fixer guy!!
) is already researching what walls are not load bearing and can be pulled out (he wants kitchen-living room to be open concept) and already bought suppllies to make cement counters in the kitchen!! We’re hoping we can take posession right away so we can do some renos’ while still in our old place-I want the bunny room set up before I move them, and before we pack-because I don’t want them getting upset. For the property it’s on, there are lot rental fees, generally up to 400/mo, but mortgage on a trailer (I mean the cost of the trailer is really about the cost of brand new full load truck!!) is approx 500/mo sooo even combined they are much cheaper then rent. There are taxes but they are quite cheap, less then 1000/year! So they are in a park, the land has a rental fee but you never get to sell the land and they don’t sell it on you -it’s pretty much a permanent lot rental. A few that we aer looking at are in corner lots too so they have a big backyard too (well big for what I’ve seen in Edmonton/Sherwood park-when I lived in Southern Ontario-Sarnia, our backyard was an acre!)
So I guess we’ll have a good idea on Wed/Thurs about how doable this is and when we get it!!
Nemo-room-is soooo going to be bunny room! I love Nemo! -
Thanks Angelina!!
Well we went and saw two last night. One we really liked the space, but honestly it’d be months before we could finish the renos needed plus the cost was way too high considering the thing needs to be gutted and redone-roof, everything!
The second one we looked at was already redone-so really we want to take one wall out and carpet out of the bunny bedroom-and new dishwasher. Everything else can stay as is. We want to do some renos to customize which this is perfect for-we do not want to gut a trailer and spend a year redoing it the last one was waayy too much; It has a big backyard, wth a firepit and two sheds. Only two neighbors because it backs onto a store. I really like it, and we’re figuring out the down payment and offer stuff tonight-hopefully sign in the next couple of days. It’s owned by a company that housed employees in there-but laid off the employees so they want a quick sell and say they are open to offers-that to me says we can drop the price alot!
Anyways I’m super pumped-its like thirty more square feet then we currently have-so not much bigger-but theres a YARD and a washer and drier!! I’m freaking sold LOL
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Yippee! I love that the 1st pics you post of your new home are of the loo! LOL! Um…when you guy’s have finished removing you yellow sink and tub, can you come down here and do mine? Least yours isn’t fluorencent like!
I’m sure the buns will be excited once they’re there. They’ll show this by popping out excited little pellets everywhere -just so you know!
I’ve decided to call territoral poop Tecals. It’s quicker to type.
Anyway, Congratulations!
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are out of there!)
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