House Prices

Can you believe that we've been in our House now for almost 3 years, and coming this weekend, we've been married for 2?
crazy!
Last weekend we were out at the neighbours house and they were talking about how much the houses around us have gone up in price, so we decided to check it out for ourselves. We went to our builder's model home in the newer part of Baden and caught up a little bit with Debbie, our real estate agent when we bought. BASE PRICE of our home selling right now has gone up over $70k! In 3 years!! That's not including any upgrades to your lot or house. Well, actually, it does a little bit; They have a promotion right now that includes $7000 in upgrades (A/C, Ceramics, and Granite counter tops). But considering that we're on a court, have a deep lot, big cedar deck, and have a few upgrades in the kitchen (and want to do a few more soon), we're looking at probably over $90k increase. Mind you, this is nothing from what my sister has experienced in BC.
But still! We are amazed (shocked, really), and it's gotten Marnie back on the "I want to move" kick... I'm in the "let's wait longer and then build our final home" kick, because what I want to build is probably still a little out of our price range.

Whatever happens, you gotta love that free equity!

As a coincidence yesterday, we got a mail from our house insurance company and they have also noticed the increased prices in building costs, etc, and our premiums have gone up as well. buggers! So far, the property taxes haven't. I guess that "free" equity really isn't "free"....