BRITISH COLUMBIA

This B.C. Home Can Be Yours For $1 (And A Ride)

01/31/2014 05:39 EST | Updated 01/31/2014 07:59 EST

The price of real estate is getting seriously ridiculous in B.C.

Just earlier this week two heritage houses near Boston Bar were listed for a dollar each and now Vernon's trying to get in on the bargain basement trend, offering a former boy's school for yes, you guessed it, a dollar even.

The current owners of the 122-year-old-property, All Saints Anglican Church, are not able to come up with the estimated $200,000 to bring it to code, and are hoping to find a willing renovator with an empty lot — and a sense of adventure.

Because, like the Mercer House in Chilliwack, this is a "buyer collects" arrangement, with the added complication of a major intersection to navigate for the new owner. Hydro wires will need to be cut and traffic lights removed at a cost of about $100,000.

But hey, what's $300,000 for a nice big, heritage house in B.C.?

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