More on ridiculous discounts

June 23, 2008 – 11:05 pm

Alberta Real Estate Watch

Some more on the ridiculous discounts offered back in February:

The second building is located in Aldergrove, not far from West Edmonton Mall. It’s a terrific location, with walking trails on 2 sides of the building and with easy access to everything. Prices int his building normally range from $199,900 to $214,900 for a 2 bedroom and $178,900 to $188,900 for a 1 bedroom. He is asking us to sell these first 10 units at $155,000 for a 1 bedroom and $165,000 for a 2 bedroom.

We WILL NOT be reporting these sales to the MLS system so that these sales don’t bring down the values of the buildings.

Some of the condos in the west end are still on the MLS and asking $167,500 for a two bedroom. Anyway I found the google cache of the original offer on Feb 23rd here. Enjoy.

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