Calgary Real Estate Blog

Across the country, the luxury real estate market is that sector which deals with properties that have a list price of $1 million or more. Calgary has its fair share of homes that fit the bill, and 112 of them changed hands in July and August of this year. This number is on par with that of this time last year so it’s safe to say that the luxury home market is beginning to stabilize again after it took a beating (with the rest of the real estate market) several years ago.

So far this year, luxury home sales in Calgary is up 24% from last year with the only wrinkle being in the luxury condo sector which is sluggish with just two properties sold this summer, and the selling rate a third of what it was last year. There were a lot of these properties on

20 Views, 0 Comments

Bigrock Brewery Barn Burner

(Photo credit Big Rock Brewery)                                         

Nothing says fall like pumpkins and crunching leaves underfoot. The kids are back in school, the weather is turning and the beautiful colours come out in all their splendour so it’s time to get out and celebrate another season in the city.

You may think that all the summer fun, the outdoor concerts, the hanging with friends and the fun times are over for another year, but although summer may be done, the fun continues, especially this September 16th where you can check out the Big Rock Brewery’s Barn Burner Concert. This outdoor event is headlined by Canadian bands The Sheepdogs, Scenic Route to Alaska and The Silktones and takes place at the brewery itself located at 5555

78 Views, 0 Comments

(Photo of: http://www.calgaryrealestate.pro/listing/c4135670-346-2727-28-av-se-calgary-alberta-t2b-0l4/)

The beginning of September means back to school, the unofficial end of summer and of course, the housing stats for August courtesy of the Calgary Real Estate Board. Eight months into the year (and the books) and we find a growth in new listings in the city of Calgary. Because the new listings outpaced the number of sales, inventory didn’t take a nose dive which is a good thing. If you waited till now to start your hunt for the perfect place to call home, you still have plenty of choice across all sectors, and in all districts, especially if you are hunting for an apartment or condominium. The largest selection of properties for sale today sit in

106 Views, 0 Comments

                                         

(Photo credit CIBC)          

The aim of any country and in fact many homeowners is to have a strong economy. We want our country’s economy to be strong and we also, on a smaller scale want our personal one to be strong as well. If you aren’t one for numbers however, finding out that the country’s economy will have a 3% growth for the year doesn’t sound like much, but in fact, this puts us into ‘rarefied territory’ and (if it happens like the analysists predict) it would end a five year stretch of our economy being under 3% growth.

While economists are predicting that we will see an expansion in the second quarter Gross Domestic Product at the same percentage pace that we recorded in the first three

109 Views, 0 Comments

            

(Photo credit CREB: Download  CREB July 2017 Stats)

They say that summer is one of the best times to move house. If you are selling you want to list that house in the spring once the gardens start blooming and there is new life everywhere, and this way you can get the transaction completed and move in to your new place in the summer when the kids are on summer vacation, when the weather is nice and before the back to school hustle and bustle starts again. If you are buying the same thing applies; you will get that bug to move in the spring, and buying in the spring or early summer means that you too are settled way before fall begins.

Could this be the reason then why the CREB stats for July and the last couple of months have seen a

233 Views, 0 Comments

145 Royal Oak Bay NW     

( Photo of 145 Royal Oak Bay NW. View more photos at: http://www.calgaryrealestate.pro/listing/c4124470-145-royal-oak-ba-nw-calgary-alberta-t3g-0a3/)                                               

Sitting close to the northwest edge of the city of Calgary is the community of Royal Oak. It was established as a community in its own right back in 1998 and is located close to the neighbourhood of Rocky Ridge. Royal Oak is an area filled with single family homes, townhouses and apartment buildings; it has its own schools, places of worship, shopping centers and restaurants and is a great place to raise a family. 

Royal Oak proper is bordered by Country Hills Boulevard to the North, Stoney Trail to the East, Crowchild Trail to the South and Rocky

184 Views, 0 Comments

                 

(Photo of 2853 42ST SW: http://www.calgaryrealestate.pro/listing/c4126427-2853-42-st-sw-calgary-alberta-t3e-3j5/ )                      

June marks the beginning of summer, the end of another school year and the half way point in the year. While it may be a bit of a shock to the system to realize that 2017 is already half over, those that crunch the numbers for the Calgary real estate markets take this opportunity to compare the first half of the year with that of last year and make predictions as to the state of the markets going forward.

In Airdrie for example, the total sales for the first half of the year were 703, and that is similar to last year. Total inventory of properties averaged 340 for January-June of 2017 which is

341 Views, 0 Comments

(Photo of 54 Queen Anne Close SE: View more photos http://www.calgaryrealestate.pro/listing/c4122678-54-queen-anne-cl-se-calgary-alberta-t2j-6e5/)

Established as a community back in 1973 Queensland isn’t what you’d define as a ‘new’ place to call home and isn’t filled with all the bells and whistles that new communities tend to come with nowadays. Instead, it is nestled in the southeast of the city of Calgary and is bordered on the east by the Bow River and Fish Creek Provincial Park. The natural beauty of the area coupled with the proximity to the park and river itself make it a wonderful area to enjoy nature in the city.

Fish Creek Provincial Park is the second largest urban park in the country and one of the largest in all of North America.

309 Views, 0 Comments

20, 103 Fairways DR NW   

(Photo of #20, 103 Fairways DR NW http://www.calgaryrealestate.pro/listing/c4121584-20-103-fairways-dr-nw-airdrie-alberta-t4b-2y5/)                                         

If you’re looking for a quiet place to call home and enjoy big city life without the actual big city then  may be just what you’re looking for. Not that Airdrie isn’t a city, it is, incorporated as such back in 1985, but it is a city that prides itself on its small town feel and welcoming people. Fairways itself is a little community that is close to the downtown and boasts not only single family homes but also apartments, condos and townhomes as well. The best feature of the community however may be that Fairways is built close to and sometimes adjoining the Woodside Golf

373 Views, 0 Comments

Spring is just around the corner and it's that time again when homeowners start thinking about renovations. While it is easy to find contractors via the internet, newspaper advertisements and community flyers you need to ensure that you are picking the right one!

Don't become another horror story where owners are duped into big lump sump deposits prior to the job taking place or not having the right contract in place. The City of Calgary can help you verify if the contractor you are considering hiring holds a valid City business licence. All you need to do is call the 311 hotline and provide them with the business name, owner's name and business address and phone number.

Those that are unable to be verified are investigated by Business Licence

1,075 Views, 0 Comments