Under your rent
10
$49,000
#29, 321 Copper Avenue
Greenwood · Vacant Land
~$232/mo
Listed by Royal LePage Desert Oasis RltyMLS® 10403013
Rent vs own
What your rent could own in Greenwood.
Enter your rent to see the home price it could cover and homes listed at that price.
- A $2,500 rent carries
- $527,000
- Median asking
- $280,000
- Homes at or under it
- 39
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 39 homes listed at or under it in Greenwood.
Of the first payment, about $694 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $414,000.
- A $2,500 rent carries
- $527,000
- Median asking
- $280,000
- Homes at or under it
- 39
Source: Current MLS® listings.
What each rent buys
In Greenwood, a $2,500 rent carries the mortgage on a home priced around $527,000. That clears Greenwood's $280,000 median home price. 39 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Greenwood homes around a $2,500 rent
39 active listings
Under your rent
$79,000
2 Government Avenue
Greenwood · Vacant Land
~$374/mo
Listed by CIR RealtyMLS® 10328256
Under your rent
9
$36,000
KIMBERLEY Avenue
Greenwood · Vacant Land
~$171/mo
Listed by Coldwell Banker Executives RealtyMLS® 10378332
Under your rent
8
$153,600
176 Copper Avenue
Greenwood · Vacant Land
~$728/mo
Listed by Discover Border Country RealtyMLS® 10398299
Under your rent
22
$295,000
$360/sqft
2 bd · 1 ba · 820 sqft
398 Marguerite Avenue
Greenwood · Single Family
~$1,398/mo
Listed by RE/MAX City RealtyMLS® 10394141
Under your rent
39
$429,000
$239/sqft
4 bd · 2 ba · 1,797 sqft
699 STRATHMORE Avenue
Greenwood · Single Family
~$2,033/mo
Listed by Grand Forks Realty LtdMLS® 10402082
Under your rent
5
$62,000
South Government Street
Greenwood · Vacant Land
~$294/mo
Listed by Four Seasons Signature RealtyMLS® 10397445
Under your rent
45
$485,000
$387/sqft
3 bd · 1 ba · 1,253 sqft
656 Strathmore Avenue
Greenwood · Single Family
~$2,299/mo
Listed by Century 21 Premier Properties Ltd.MLS® 10394969
Under your rent
5
$49,000
537 N Kimberley Avenue
Greenwood · Vacant Land
~$232/mo
Listed by Grand Forks Realty LtdMLS® 10399457
Under your rent
70
$489,000
$203/sqft
5 bd · 3 ba · 2,410 sqft
884 Strathmore Avenue
Greenwood · Single Family
~$2,318/mo
Listed by Coldwell Banker Executives RealtyMLS® 10390938
Under your rent
54
$379,900
$173/sqft
4 bd · 3 ba · 2,194 sqft
786 Strathmore Avenue
Greenwood · Single Family
~$1,801/mo
Listed by Century 21 Premier Properties Ltd.MLS® 10388350
Under your rent
5
$30,000
355 Copper Avenue
Greenwood · Vacant Land
~$142/mo
Listed by Century 21 Premier Properties Ltd.MLS® 10386075
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
Renting or owning: what changes
One-time costs
Buying adds transfer tax, legal fees and an inspection, paid on closing.
Monthly costs past the mortgage
Property tax, strata and insurance are on top of the mortgage. Compare the total with your rent.
Flexibility
A lease is easier to leave. Owning suits staying put for some years.
To see the year owning starts to cost less than renting, try rent or buy.
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($105,000 on $527,000)
- Property tax
- 3.50 per $1,000 of value
- Strata
- $320 a month, an estimate
- Insurance
- $62 a month, an estimate
An estimate, not a mortgage approval or financial advice. Change the rate, down payment or amortization in the calculator and the figures update.
More ways to explore Greenwood
Listings and market data for Greenwood.
Nearby cities
Compare Greenwood with other markets in the region.
Prepared by
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Data
Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
CorrectionsReport a correction
A mortgage broker can confirm what you qualify for.