Sunday, December 7, 2008

CORNWALL: Discount real estate beckons

There was Perth, Smiths Falls, Rockland, Barrhaven. She must have looked through more than 200 postings on multiple listing services, she recalled.

She finally settled on a two-storey brick home in Cornwall, in a structure once used by Catholic nuns. It didn't matter that she had to commute two hours to and from her job in Ottawa, or that gas prices were at record highs at the time.

It was the perfect home. And it was selling at bargain-basement prices.

Ms. Larue-Harper paid $184,000 for a five-bedroom-plus-one house nearly twice the size of her previous abode in Carleton Place, which she'd sold for $215,000.

"Knowing that we'd get this gorgeous house for the price we did, it was sort of a no-brainer at that point," said Ms. Larue-Harper, who moved to Cornwall with her husband and five children two months ago.

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