What $555k gets you in my area.

$555,000 doesn’t go very far in my favorite area of Ontario. It basically will just get you a small 2 bedroom “cottage” style house
IMG_9367.webp
 
I would never buy a place with well water.

Too many possible problems or pollution by careless people.
1.There is no other choice in my area. 2. The water is deep enough that it would take a lot of contamination over a lot of years to foul the water. Even the city water in town comes from wells,is pumped directly into holding tanks and delivered to houses with no need for filtration or addatives

They say the dirt filters the water every 7 ft or so.

One of the wells is about 1 mile from me.
https://www.ewg.org/tapwater/system.php?pws=CA3610024#overview
 
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Because there's never any problems with treated water, right?


The first half of your sentence influences the second half.
I thought whenever “valley” or “hills” is part of a name it’s a 10-15% appreciation boost…
 
I would never buy a place with well water.

Too many possible problems or pollution by careless people.
Extremely normal out here. Water flows in the ground in strange ways. Both of my houses had wells and septic tanks, and no problems in 20 years. I'm sure at some point I'll have an expensive repair, but until then, no bills. Pick your poison.
 
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I guess if you bet on manufacturing returning to the US in a big way, areas like these have nowhere to go but up.
I think that place is goner but a 5 figure house for a handy guy to fix up might be worth 5x as much in 10 years?
There was talk that Camden would be the next Hoboken. So far doesn’t seem too likely…
 
Extremely normal out here. Water flows in the ground in strange ways. Both of my houses had wells and septic tanks, and no problems in 20 years. I'm sure at some point I'll have an expensive repair, but until then, no bills. Pick your poison.
Yeah, in a good location, a good well and septic system pays off compared to municipal water and sewer. We need a softener but so do some municipal systems. I don't expect to ever have a major problem with ours, and TBH after watching our filter bed septic system being installed, its not rocket science, if it ever needs to be replaced. I think in 20 years we are about $20k up so far over municipal bills compared to the install costs.
 
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You guys who thing this looks pretty good realize Chris said 1 mile back a dirt road right? He means a dirt road, not a nice gravel or oil & chip road. Lots of dust most of the time and likely mud when it rains. You'll never have a clean car. But no rust so there's that.

Here's the satellite view. There are places like this around here, someone started building roads and selling random lots back before any actual planning was required. The adjacent property to the west looks ...interesting. Everything looks dated except the kitchen countertops. Zillow says sold so someone liked it and it sold for less than the last purchase price of $560k in 6/21.

https://maps.app.goo.gl/xF9WBvHcYL3Nz1G1A?g_st=ac
 
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