![\"\"](\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/for%20sale\/AverageCalgaryhomesareover500K_zps844dfb15.jpg\" "\\"Prices")
\u00c2\u00a0There was a time when people from \u00e2\u20ac\u0153out east\u00e2\u20ac\u009d (i.e. Ontario, Quebec and the Maritimes) would head out west to enjoy a calmer life; and the plus \u00e2\u20ac\u201c everything, including homes, was a lot cheaper.<\/p>\n
Things have changed.\u00c2\u00a0 While Albert is still more laid-back than Ontario and many other parts of the country, studies have shown that the oil-driven economic boom has brought with it many of the same problems that people thought they had left behind \u00e2\u20ac\u201c stress, depression, busy lifestyle, etc.<\/p>\n
And the icing on top of the cake: prices for everything, including real estate, have shot up.<\/strong><\/p>\n No Longer Cheaper than Ontario<\/strong><\/p>\n A recent report from the Calgary Herald<\/a> shows that Calgary specifically has not only caught up with its busier, more hectic eastern counterparts, but surpassed them.<\/p>\n At $518,604, an average home in Calgary is now a full $100,000 above Ontario’s average, and seems to be on par with Canada’s 2nd most expensive city for real estate \u00e2\u20ac\u201c Toronto. (Vancouver, at #1, still leaves the rest in the dust, with an average home price of about $800,000 last I checked. See CREA’s interactive map<\/a> of more stats.)<\/strong><\/p>\n Is it Time to Look to Mexico?\u00c2\u00a0 Where do you look for low-priced real estate?\u00c2\u00a0 Well, you could look to the other prairie provinces.\u00c2\u00a0 I heard Winnipeg is pretty cheap these days.<\/p>\n Or, if you like, beaches, year-round sunny, warm weather, beautiful places to discover, a rich and vibrant local culture and a low cost of living, you could consider Mexico.\u00c2\u00a0 If you have a million dollars to throw around, you might look to Vancouver.\u00c2\u00a0 Even in the rest of Canada an average<\/em><\/strong> vacation home is up around $1,000,000.<\/p>\n And again, the icing on top of the cake: Mexico real estate<\/a> is very affordable.<\/strong><\/p>\n What Are Mexico Real Estate Prices Like?<\/strong><\/p>\n For example, if you are consider Playa del Carmen real estate<\/a>, for less than $220,0000 \u00e2\u20ac\u201c a full $50,000 less than the price of an average<\/em><\/strong> home in Winnipeg, and last I checked, there are no beaches in Winnipeg \u00e2\u20ac\u201c you could get:<\/p>\n Remember that this is also well under half the price of an average home in Calgary!\u00c2\u00a0 So, even if you bought a home for a fraction of its current value, that equity would give you plenty of space to buy a that vacation property in Mexico.<\/strong><\/p>\n People I know from Alberta love Alberta.\u00c2\u00a0 But if you like it there, there’s no need to pack up and leave completely \u00e2\u20ac\u201c especially since the economy is a very strong point.<\/p>\n A home in Mexico could be a vacation property, and then later for retirement.\u00c2\u00a0 Or it could be for an early retirement; the cost of living is much<\/em><\/strong> lower.<\/p>\n Mexico’s thriving economy and booming tourism make real estate a good investment as well \u00e2\u20ac\u201c both for appreciation and for rental income.<\/strong><\/p>\n And the Final Word \u00e2\u20ac\u00a6<\/strong><\/p>\n Canada’s economy is good \u00e2\u20ac\u201c especially Alberta’s \u00e2\u20ac\u201c and this has made the costs of living and real estate skyrocket.\u00c2\u00a0 Mexico’s economy is also very good; but in the case of Mexico, costs have stayed much steadier, especially compared to Canada.<\/p>\n If Calgary is starting to look too expensive to you, take a look at Mexico.<\/p>\n —<\/strong><\/p>\n\n
![\"\"](\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/Playa%20del%20Carmen%20Homes%20%20Villas\/OryoucouldgetabeachfronthomeinPlayadelCarmen_zps8fd3d6b5.jpg\" "\\"Or")
\u00c2\u00a0So, Why Would You Move to Mexico?<\/strong><\/p>\n
\nThomas Lloyd<\/strong> graduated from Purdue University Krannert School of Management with a degree in Management\/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 16 years. In the summer of 2009, he received the first federally applied Mexico Real Estate Degree <\/strong>and Mexico Professional Real Estate License<\/strong> S.E.P. #5978657. He is the president of Top Mexico Real Estate. Contact him at<\/em> (512) 879-6546<\/span><\/strong>.<\/p>\n
![\"Mexico](\"http:\/\/dashboard.lloyd-team.com\/1-images\/Banners\/Banner261-A.jpeg)
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