📊 THE COST OF WAITING
Thank you for your patience!

🏡 Jan 2022 Median Home Price (Calgary):
Approximately $480,000 median sold price for Calgary homes (CMHC data) — this reflects the broad resale market including condos and houses.

🏡 Jan 2026 Median Home Price (Calgary):
Around $555,000 median sale price based on recent Calgary market statistics.

📉 Price Increase (2022 → 2026):
$555,000 − $480,000 = $75,000 increase in median home price.

💸 Rent Paid in 4 Years:
If you paid $30,000 per year in rent × 4 years:
→ $30,000 × 4 = $120,000

📍 Total Lost (Opportunity Cost of Waiting)
Price Increase: +$75,000
Rent Paid: +$120,000

➡️ Total Cost of Waiting: $195,000

📌 Summary:
By waiting 4 years instead of buying in January 2022, you might have missed out on potential home-value gains and spent a significant amount on rent — totaling roughly $195,000 in combined opportunity cost.