A couple buy a new bedroom set for $8,000 and 10 years later sell it for $4,000. If the depreciation continues at the same rate, how much would the bedroom set be worth in 4 more years?
Answer
if it is linear depreciation then it drops $400 each year
if it is linear depreciation then it drops $400 each year
How much does a two-bedroom apartment in Vancover?
kamikaze
How much would it approximately cost for a two bedroom apartment/condo in Vancouver?
I'm not looking for anything fancy, but nothing old, slum-like either and the neighborhood should be safe enough to roam freely at night and shouldn't be too far from downtown. I'm interested in Fairview or Burnaby.
What would be the price range for an apartment like that? (to rent and to buy respectively)
Answer
Renting a 2-bedroom apartment in Burnaby will set you back at least $1100 per month. The rents in Vancouver go up from there.
Condos would cost you around $300,000 as a minimum in Burnaby. In Vancouver the prices will be over $400,000.
Renting a 2-bedroom apartment in Burnaby will set you back at least $1100 per month. The rents in Vancouver go up from there.
Condos would cost you around $300,000 as a minimum in Burnaby. In Vancouver the prices will be over $400,000.
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