I used to work in a part of Calgary known at Erlton, which is right by the Elbow River. About four blocks west of my former office, there are these divine red-brick luxury row-houses. Their backyards backed onto the river. Many times when Chris and I were searching for a home of our own, I wished that we had a spare half-million dollars so that we could live in one of those stately row-houses.
Those row-houses were evacuated last night due to the threat of flooding! We've had an astronomical amount of rain (which lead to us discovering that the house that we did by had a leaky roof! Bah!) and the rivers are breaching their banks. I now am quite happy that we don't live in those row-houses - how crazy was I a few years ago?
Purchased one of those glorious Erlton townhouses in the December 2005, but not fortunate enough to get one backing onto the river. Paid $485K. Didn't have $850K for a river-backing one.
The good news is that it's May; there's not much sign of another flood, and a similar unit is selling for $650K (just six months after we bought ours).
For my part, I'm REALLY happy we purchased one of those wonderful red brick townhouses!
: )
Posted by: Todd | May 08, 2006 at 01:21 PM