EDITORIAL: Real estate woes

I’ve been keeping an eye on houses for sale in Golden for quite some time.

At nearly 30 years old, I am hoping to purchase a home to call my own. I’m tired of paying rent into someone else’s pocket, and it is time to invest in some equity. I’m single, and have three pets, but I’m looking for the type of place I can grow with. Maybe raise a family.

As a hard-working individual with a long-term career, I’m trying to make a smart choice, and an affordable one.

Unfortunately, affordability for buying a house in town pretty much means buying the cheapest property I can find at just over $350,000, in the flood zone, and maybe not an ideal location. There are not many homes for sale in town right now, and there haven’t been for quite some time.

This is why I wonder how development could not be beneficial to our community? I would love so much to invest in a newer home, in an area where I wouldn’t have to worry about foundation problems or water damage from floods. Finding a semi-detached home that meets these requirements and costs less than $500,000 is seemingly asking for a miracle.

There are a handful of places being built right now. One complex includes 54 units, in a condo-style building. This sounds great for the average single person, but with pets and an outdoor lifestyle, I require a yard.

I could lament all day about housing affordability in Golden, and it’s just not going to get anywhere. Some residents are concerned that new house builds might be bought up by people from out of town and rented at short term rentals. This is always a possibility, but rather than fearing worst case scenarios, maybe we can find a solution to allow locals the first chomp at the bit.

I’m honestly not quite ready to purchase a home, yet. But, it is on my radar. And, unless prices get better or the selection becomes more appropriate for what I’m looking for, I may need to look outside of town, or elsewhere. Hopefully we can find a sustainable solution to the housing market in Golden before it becomes out of hand like some destination mountain towns.

Having affordable new homes could result in retaining more long-term residents, helping to build our community in a positive and impactful way.

Just Posted

Parents and caregivers in Golden can become an ‘askable adult’ for sexual health

When you were young, did you feel comfortable asking the big questions… Continue reading

Some of Golden’s top stories in a Mountain Minute

Your Mountain Minute for April 18

TSB makes two safety advisories in probe of fatal train derailment near Field

The train derailment killed three crew members on board

There are many ways to be a sustainable consumer in Golden

Many people are coming up with ways to connect businesses and consumers… Continue reading

Fruitvale man identified in fatal zipline accident in Thailand

Spencer Donaldson, 25, was from Fruitvale, B.C., the city’s mayor has confirmed

VIDEO: Driver in bizarre hit-and-run at B.C. car dealership turns herself in

Police believe alcohol was a factor in incident causing estimated $15,000 in damages

‘B.C. cannot wait for action’: Top doctor urges province to decriminalize illicit drugs

Dr. Bonnie Henry says current approach in ‘war on drugs’ has criminalized and stigmatized drug users

B.C. woman, 76, challenges alcohol-screening laws after failing to give breath sample

Norma McLeod was unable to provide a sample because of her medical conditions

New report on 2017 wildfires calls for better coordination with B.C. First Nations

Tsilhqot’in National Government documents 2017 disaster and lists 33 calls to action

B.C. youth coach banned amid sexual harassment, bullying scandal: Water Polo Canada

Justin Mitchell can’t take part in Water Polo Canada events or clubs

Wilson-Raybould: Feds want to just ‘manage the problem’ of Indigenous Peoples

Former federal justice minister speaks at First Nations Justice Council meeting in B.C.

Boating incident claims life on East Kootenay lake

A young man has died after a canoe overturned in Moyie Lake early Tuesday morning

Female real estate agents warned of suspicious man in Metro Vancouver

The man requests to see homes alone with the female agent, police say

Can you put your phone down for Mother’s Day?

#DiningMode campaign encourages people to leave the phone alone while eating

Most Read