Moving To Calgary Real EstateIt was one of the hottest Election topics.

Housing affordability and how the parties would help Canadians buy a home in the current high market. Many parts of the country have seen skyrocketing house prices which has made home ownership unobtainable.

National House Prices

Across the country the price of an average home has risen by more than 50% in the past 5 years according to the Canadian Real Estate Association. It’s now at $663,500. Covid didn’t slow the pace of rising house prices and even contributed to it. Lockdowns meant people put more emphasis on their homes. Many chose to upgrade and go for more space. Even as the Canadian economy recovers, spending on housing continues to be a priority. Sales and prices are rising faster than the…

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Calgary Commute Electric Bikes

The Fast Track to Suburbia?

It’s been a worldwide trend. Calgary like other cities across the world has seen more and more of its population moving to the suburbs and choosing space over proximity to the office. Calgary’s latest assessment figures show property values have increased by more than 10% in some parts of the suburbs. So far that move seems here to stay.

There’s another trend that’s been quietly taking the world by storm that can make the suburbs even more accessible and affordable. Electric Bikes sales have been on the rise worldwide. Deloitte recently predicted there would be around 300 million e-bikes in circulation worldwide by 2023. Calgary is keeping pace. Bow Cycle’s electric bike store saw sales exponentially boom this year, up…

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Cameras EavesdroppingAs more homes are equipped with “smart” technologies for everything from surveillance to home automation, the real estate purchase process is changing.

Home sellers are increasingly using video and/or audio surveillance to eavesdrop on potential buyers, using the information gleaned as leverage. This places the buyer at an obvious disadvantage during negotiations.

With many of today’s sellers using technology to their advantage, it pays to exercise caution. If you are viewing a home, a good rule of thumb is to assume you are being recorded and act accordingly.

Although it can be a challenge, especially since a home purchase can be such a personal and emotional process, try to keep any comments to yourself. The home showing is not the time to gush…

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Calgary Downsizing your Home

If you're wondering when the right time is to say goodbye to your family home and downsize to a home more suitable for your lifestyle and needs, consider these scenarios:

  • You plan on travelling: if you're nearing a time in your life when you plan on seeing more of the world, then leaving a big home just sitting doesn't seem sensible. You can downsize to a home that's more appropriate, and then rent it out for the months you are away. 
  • The kids have moved out: with your kids moving out and you becoming an empty-nester, you likely don't need the same amount of space anymore. This also leads into the next point...
  • You have empty rooms: if you have rooms in your house (especially bedrooms) that are sitting empty and you can't come up with a…

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Inspecting your Home

Finding a home, you know you can live with can be difficult business. Whether buying a brand-new house from a builder or a resale home there are a number of things you should look for. It’s also important to keep in mind that new homes can be just as problematic as older homes. First of all, let me start by saying it almost always makes sense to hire a qualified home inspector and it can potentially protect you from costly surprises down the road. 

However, if you anticipate serious problems (that you’re not prepared to remedy) in the house, you’re better off saving the cost of a home inspection and moving on to a more suitable prospect. Here are some things to watch for to determine a house’s overall quality before you commit to the cost of hiring…

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Summertime in Calgary means something different to everyone. For some, it means floating down the Bow River with their friends; for others, it means hiking through the mountains or taking walks on our world-class pathways. Of course, there’s also the world-famous Calgary Stampede that takes over the city for two weeks in July. It is deemed to be the ‘greatest show on Earth,’ but we also boast a wide variety of other festivals. There is always something for everyone here in Calgary. Here’s a list of the best festivals around this summer:

  • Sled Island Music Festival takes place each year in mid-June, bringing together over 200 performers that range from comedians and artists to films and, of course, live music. Spread over five days and 35…

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Calgary Coffee Shops Best

To some people, okay most people, coffee truly is their lifeblood. Coffee in the morning, coffee at work, coffee with friends, coffee in ice cream – our society really loves this little bean! Whether it’s the flavour you love or the caffeine you crave, coffee has become a staple in our everyday lives that simply can’t be ignored. 

There are hundreds of coffee shops scattered around Calgary and you have to wonder: which ones are the best? Whether you like a large cup of joe or a sweet, milky latte, every shop makes it uniquely. Different machines, new ingredients, beans from around the world – coffee at one shop can mean something completely different at another. If you frequent the northwest corner of the city, it might help to know which coffee…

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Mortgage Stress Test Calgary

Starting on January 1, 2018, the Office of the Superintendent of Financial Institutions (OSFI) set a new minimum qualifying rate, or “stress test” for all prospective home buyers, even those with a down payment of over 20%.

Before the new rule, only buyers that had a down payment of less than 20% had to make sure they could pass a stress test. Now it doesn’t matter how much money you save for a down payment, if you don’t pass the new stress test, the bank will not give you a mortgage.

Under the new mortgage stress test, potential home buyers need to qualify for a mortgage at a rate that is either 2% higher than the mortgage rate they qualified for, or the Bank of Canada’s five-year benchmark rate.  For most, that will mean qualifying for a home…

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The University District Calgary

Noble in The University District is a new townhouse and condo development currently under development at 32 Avenue NW, Calgary.  This exciting new project by Truman in Northwest Calgary is scheduled to be complete in late 2018. The University District is a collaboration of residential, retail and office buildings along with dining, shopping and entertainment venues all within a tranquil setting with spectacular views of the Rocky Mountains.  

Noble Condos & Townhomes: Contemporary Architecture & Affordable Pricing

With over 15 fabulously designed floor plans for one to choose from, Noble by Truman offers a perfect combination of versatility, sophistication, and affordable pricing. There are a wide variety of…

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Hamptons Condos

In the heart of the Hamptons in NW Calgary, you will find the quiet condo complex of La Vita. Built in the last years of the century by Calbridge and surrounded by the Hamptons Golf Course, La Vita offers 2 story and bungalow style living. There are 156 units in the complex, and many of them have large, bright walkout basements. The two storey units are a favourite for younger families and vary in size from 1,400 square feet to 1,700 square feet along with a single or (if you're lucky enough) a double tandem garage. The bungalows have some of the best views of the golf course are typically 1,100 square feet with a double attached garage.  View units for sale in La Vita here.

La Vita is aesthetically a beautiful community. The exterior of the homes…

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