As if it isn't stressful enough getting transferred away from your beloved Toronto and having to give up your perfect Central Toronto real estate, you also don't know anything about the city you are being transfered to! If this sounds like you dealing with your impending move to Brownsville, Texas, you've come across the right website to equip yourself mentally for the move. We've got an overview of the market conditions in Brownsville accurate to the end of December 2009, so you can get a proper idea of what sort of home you'll be able to afford in your new city.

If you're coming from a larger city with high real estate values like Toronto, you'll be both pleasantly and unpleasantly surprised by Brownsville's real estate market. The pleasant part comes from the fact that you can buy four or five homes in Brownsville for the price of one home in the Annex, Toronto. The unpleasant part comes from the fact that as a much smaller city, there are fewer homes and home styles to choose from in Brownsville than you would find in places like Toronto or New York.

There are several reasons why real estate in Brownsville is so much cheaper than New Condos Toronto or condos in San Francisco. One is simply that with fewer people, Brownsville simply can't create the same demand for housing space that is driving up the prices in big cities. The body blows landed by the recession and the sub prime mortgage crisis have also contributed to the low real estate values in Brownsville, though in the past few weeks values have actually begun to climb.

Generally speaking, right now is the best time to buy Brownsville real estate. Currently values are at the lowest point of a downward trend that has lasted several years. Just this year the average price per square foot dropped 34% and the median sales price dropped 41%. However with an upward trend developing and alleviation from the recession in sight, you stand to make more on resale in the future if you buy now. Just don't expect the same profit margin you might see on Acton homes.

If you're wondering exactly how much you might expect to pay for a home in Brownsville, here are some figures that might help you with your plans. The average listing price is about $170,000 but the median sales price is only about $55,000, giving us an average price per square foot of $45. As you know from moving to Yonge and Bloor from Scarborough, neighborhoods often differ greatly in price. In Brownsville, the most popular zip codes (which tend to be planned subdivisions) range in price from $157,000 to $181,000.