Amazing! Thanks for sharing the living costs of Winnipeg in such a detailed and vivid way. You have just boosted my confidence of moving from China to Winnipeg.❤
Hi Jennifer, thanks for sharing useful and informative video, I think you can share a updated video on this topic as many things has been changed during last couple of years. Look forward to have a refreshed version.
I don’t think wages too low compared to other cities though. For example, skilled workers like engineers make good money here and lots of opportunities (not just software). I used to be an engineer before I quit due to career change, and I made well above canada average. But it depends on the company too. My workplace paid more on wages but work environment wasn’t too great (manufacturing)
In Winnipeg it can really vary depending on the area you are in. But usually anywhere from $900 - $1100 CAD for a 1-bedroom, apartment-style condominium.
Thank you! I'll be graduating university soon, and likely will still live with my family after. Is the general idea then is to just save as much as you can? For example, I would like to own a condo and I'm assuming the bigger down payment, the better? Same with the fact I don't have a car yet, but would save a sinking fund as well? I don't expect a huge income as a university grad, but I'll be able to have a comfortable income.
Hi Maree - such a good question! It is also wise to live with your parents to save that money as it speeds along the process. You will need a minimum of a 5% downpayment, and then an additional 2% for closing costs. So for a $200,000 condo, you would be looking at around $14,000 saved up. You can find condos here for cheaper than $200,000 though - so it really depends on your wants/needs. I have always bought my cars in cash - even if that meant driving something around that isn't as nice as my peers. But if you have a high monthly payment on a vehicle, it takes away from the banks' willingness to lend to you for more real estate purchases.
I find that the houses here are more expensive nowadays compared to other cities like Calgary and Edmonton. Example, Edmonton and Calgary sells condos in less than $200k and still looks ok and livable whereas here i saw a condo selling at an old building for $175k and looks horrible & terrible. Gone are the days that housing here in this city are “affordable”.
Hi Marilou! I would say you can get condos in nicer areas of the city for under $200,000 - so I hope that is good news! The average home price as of December 2021 in Winnipeg was $319,600 while Calgary was at $451,200 and Edmonton was at $336,000. Edmonton's increase in prices was less substantial than other markets in Canada.
@@YourQueenTeam A two bed condo in a good neighbourhood with affordable association fee in less than 200k?? Srsly?? Another question is it better to buy a house or condo
@@mz2081 Not sure where you are seeing the crime advertised - but in general, I would say NO! I would highly recommend you check out this video: th-cam.com/video/KI39BXSfrag/w-d-xo.html where I do talk about the crime rate.
How much data is in your $70 plan? Because I pay $40 for unlimited nationwide calls and text, and I have 10gb data. Plan doesn’t come with a phone though
I have 20GB and my husband has just updated me as we got a better rate of $50 per month... although there was a Realtor discount applied in there. I believe the rate would have been $70 without the discount.
We get around $1600 for some of our three-bedroom rentals in good areas (Charleswood, Transcona, South end of the City). You can get into a two bedroom in these areas for a bit less - depending on how new, etc. everything is! If you want brand new amenities, then I agree - the $1600 is accurate!
We are finding our Buyers are getting more creative these days to get into homes. Sometimes it is less conventional (house hacking) - but there still are ways!
Hi Michael, I don't really work in that space but I do believe from what I have seen advertised in Winnipeg that anywhere from $800-$1100/month is the going rate depending on area.
Amazing! Thanks for sharing the living costs of Winnipeg in such a detailed and vivid way. You have just boosted my confidence of moving from China to Winnipeg.❤
You can do it!
Your videos are very informative and having lived in Winnipeg for almost 10 years now, I related with all the topics you talk about ☺️!
Awww. Thank you so much for the kind words!
Jennifer these are great ideas for the next set of people that want to bye.. great work..
Thanks Wayne!!
Thanks for the informative videos!
Agree with the public transit, it's awful
Definitely some room for improvement!
Thanks madam for informative video... Big fan 🙏🙏🙏
No problem. Thank you for the feedback :)
Hi Jennifer, thanks for sharing useful and informative video, I think you can share a updated video on this topic as many things has been changed during last couple of years. Look forward to have a refreshed version.
Great idea!
I don’t think wages too low compared to other cities though. For example, skilled workers like engineers make good money here and lots of opportunities (not just software). I used to be an engineer before I quit due to career change, and I made well above canada average. But it depends on the company too. My workplace paid more on wages but work environment wasn’t too great (manufacturing)
Awesome feedback. Thank you!
Thanks for the detailed information. What’s the cost of renting a 1 bedroom bungalow apartment in the area?
In Winnipeg it can really vary depending on the area you are in. But usually anywhere from $900 - $1100 CAD for a 1-bedroom, apartment-style condominium.
Thanks
My pleasure!
Thanks for the information Jeniffer. Please I want to relocate to Winnipeg with my spouse as an international student. Any advice from you
Yes, definitely. Check out our videos on neighbourhoods that would be suited for student lifestyles!
Thank you!
I'll be graduating university soon, and likely will still live with my family after. Is the general idea then is to just save as much as you can? For example, I would like to own a condo and I'm assuming the bigger down payment, the better? Same with the fact I don't have a car yet, but would save a sinking fund as well? I don't expect a huge income as a university grad, but I'll be able to have a comfortable income.
Hi Maree - such a good question! It is also wise to live with your parents to save that money as it speeds along the process. You will need a minimum of a 5% downpayment, and then an additional 2% for closing costs. So for a $200,000 condo, you would be looking at around $14,000 saved up. You can find condos here for cheaper than $200,000 though - so it really depends on your wants/needs. I have always bought my cars in cash - even if that meant driving something around that isn't as nice as my peers. But if you have a high monthly payment on a vehicle, it takes away from the banks' willingness to lend to you for more real estate purchases.
I find that the houses here are more expensive nowadays compared to other cities like Calgary and Edmonton. Example, Edmonton and Calgary sells condos in less than $200k and still looks ok and livable whereas here i saw a condo selling at an old building for $175k and looks horrible & terrible. Gone are the days that housing here in this city are “affordable”.
Hi Marilou! I would say you can get condos in nicer areas of the city for under $200,000 - so I hope that is good news! The average home price as of December 2021 in Winnipeg was $319,600 while Calgary was at $451,200 and Edmonton was at $336,000. Edmonton's increase in prices was less substantial than other markets in Canada.
@@YourQueenTeam A two bed condo in a good neighbourhood with affordable association fee in less than 200k?? Srsly?? Another question is it better to buy a house or condo
@@mz2081 I hate to give this answer, but it really depends on your situation, your goals, timelines, along with a variety of other factors!
@@YourQueenTeam umm shed some light , furthermore is the crime situation srsly bad as advertised ??
@@mz2081 Not sure where you are seeing the crime advertised - but in general, I would say NO! I would highly recommend you check out this video: th-cam.com/video/KI39BXSfrag/w-d-xo.html where I do talk about the crime rate.
How much is the rent? And what's the biggest change an American would have moving to Winnipeg?
Hi James! Rent is quite varied depending on where you live.
How much data is in your $70 plan? Because I pay $40 for unlimited nationwide calls and text, and I have 10gb data. Plan doesn’t come with a phone though
I have 20GB and my husband has just updated me as we got a better rate of $50 per month... although there was a Realtor discount applied in there. I believe the rate would have been $70 without the discount.
2bd in good area is 1600+ cad
We get around $1600 for some of our three-bedroom rentals in good areas (Charleswood, Transcona, South end of the City). You can get into a two bedroom in these areas for a bit less - depending on how new, etc. everything is! If you want brand new amenities, then I agree - the $1600 is accurate!
Just like the rest of the country, it's getting harder to own your own home in Winnipeg. Not really affordable.
We are finding our Buyers are getting more creative these days to get into homes. Sometimes it is less conventional (house hacking) - but there still are ways!
How much would rent for a one bedroom apartment?
Hi Michael, I don't really work in that space but I do believe from what I have seen advertised in Winnipeg that anywhere from $800-$1100/month is the going rate depending on area.
The COST of living here is much more than just financial.
Sure. What is that COST to you? Would love for you to elaborate!