27 April 2016: House Hunting Project

In your groups, you will need to find three different properties: one detached house, one condo, and one townhouse.  All of these properties are ones you are BUYING, not renting.  Please keep them within the Lower Mainland.

Be realistic with your income.  Consider the Career Cruising project we did earlier this year – take your incomes from the career you chose in this assignment and add them together to get your total income.  Put this income in a Mortgage Calculator to determine what kind of mortgage and property you can afford as a group.

https://www.vancity.com/Mortgages/MortgageCalculators/

A short video will be shown in class as an example of what we will be looking for in your assignment.

 

Consider some of the elements we have discussed in class:

  • Price of the home and mortgage payments.
  • Square footage.
  • Location.
  • Photos of the home’s interior (min. 4-5).
  • Age of the home.

Your presentation should give a brief overview of all properties and be narrated equally by all members of your group, whatever format you decide upon.

More details will arise in class and students will be responsible for partaking in the discussion towards elements being assessed in this assignment.

 

Happy House Hunting! =D