What's the Future Ever Done for Me?

What Things Cost

Here is a developer’s map from 1885 for the Dupont Dufferin area. If you read the fine print the  cost of a lot was $4.50 /square foot or approx. $202.50 for a 45′ x 130′ lot.

maps-r-109.jpg

Let’s use the inflation calculator to find that amount today. With an average inflation rate 0f 3.05% that amount should be about $6000.00 today!

In reality, a lot of that size would be worth $700,000 or so…

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