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If you've been on the fence about buying a home in Calgary, summer 2025 might just be your golden window of opportunity. With interest rates sitting at attractive lows, lots of inventory on the market, and some of the best prices we’ve seen in years, it’s worth asking: is now the right time for you to make your move?
Let’s break it down.
Mortgage rates are currently some of the lowest we've seen in recent years. That means lower monthly payments and the chance to afford more home for your money. Locking in a low rate now could save you thousands over the life of your mortgage.
Right now, Calgary is experiencing a healthy amount of housing inventory, which means you have more options to choose from—whether you're eyeing a family-friendly community in the southeast or a trendy inner-city townhouse.
More homes on the market also means less competition. You can take your time, explore different neighbourhoods, and find the one that really feels like home.
While prices are expected to rise as the economy continues to recover, many Calgary homes are still priced competitively. If you wait too long, you might miss out on today's deals—and face a hotter, more expensive market later this year or next.
Summer is a great time to make a move—especially for families. The kids are out of school, the weather is beautiful, and you’ll have time to settle in before fall routines begin. Picture yourself hosting that first backyard BBQ, exploring your new neighbourhood, or enjoying Calgary's many summer festivals right from your new doorstep.
If you’ve been thinking about making a move, all signs are pointing to yes:
Low mortgage rates
A wide selection of homes
Competitive prices
A smoother summer move-in timeline
But every buyer's situation is unique. The best way to know for sure is to chat with a local expert who understands Calgary’s housing market inside and out.
Let’s Talk About Your Next Move 🏡
Whether you're buying your first home or upgrading to fit your growing family, I’m here to help you navigate the Calgary real estate market with confidence. Reach out today and let's find the perfect place for you—while the timing is still in your favour!
📞 Call/Text: 403-830-6920
📧 Email: Calgarydreamhomes@telus.net
🌐 Browse Calgary homes: www.calgarydreamhomes.ca
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Discover why young families are choosing South Calgary’s lake communities like Mahogany and Chaparral — with year-round fun, family events & private lake access.
Explore Mahogany, Auburn Bay, Chaparral & More
Looking for the perfect place to raise your family in Calgary? South Calgary’s lake communities offer more than beautiful homes — they offer a lifestyle filled with year-round adventure, community spirit, and non-stop fun for kids of all ages.
From Mahogany to Chaparral, these neighborhoods are designed with families in mind, combining modern amenities with the peace and joy of lakeside living.
One of the biggest perks of living in a lake community in Calgary is access to a private, resident-only lake — and it’s not just for summer!
Sandy beaches and warm water for swimming
Paddleboarding, kayaking & boating
Family fishing days
Shaded playgrounds and splash pads
Tennis courts, BBQ areas & picnic tables — perfect for birthday parties!
Skating on frozen lakes
Ice fishing & pond hockey
Tobogganing hills
Holiday festivals and family events
Surprise visits from Santa and community winter fun days!
🛶 Did you know? Lake fees are surprisingly affordable — offering incredible value for unlimited access to all amenities.
Thinking of moving to a lake community? Here are some of the most popular family-friendly neighborhoods in South Calgary:
Mahogany – Calgary’s largest lake, with stunning homes and an award-winning clubhouse
Auburn Bay – Charming coastal village vibes and lots of kid-friendly amenities
Chaparral – Classic lake living with mature trees and an established community
McKenzie Lake – Beautiful views and easy access to schools and shopping
Sundance – Strong community spirit with year-round events
Midnapore – Cozy and well-connected, with hidden gem status
(Link each community to your listings or detailed pages for internal SEO boost.)
South Calgary’s lake communities are designed to make life easier — and more fun — for young families:
Safe, walkable streets
Access to top-rated public and Catholic schools
Nearby daycare and preschool options
Tons of parks, green space, and trails
Family-focused events and festivals all year round
Quick access to shopping, dining, and healthcare
If you're browsing homes for sale in South Calgary, these communities should be at the top of your list.
Imagine your kids skating in the winter, learning to paddleboard in the summer, or celebrating birthdays lakeside with friends and neighbors. These are the moments that shape childhood — and South Calgary makes them easy to come by.
If you're looking for a home in a family-friendly Calgary neighborhood, lake living might be your perfect match. Contact myself Terry Edwardson a real estate expert who knows Mahogany, Auburn Bay, and the other fantastic lake communities — and start your family's next chapter in a place built for fun, connection, and adventure.
🏡 Ready to Make the Move?
Let’s find your perfect family home in one of South Calgary’s amazing lake communities.
📞 Contact me today for a personalized tour or to get listings sent straight to your inbox!
👉 Get in touch now | 📧 Request listings
Planning a trip to Calgary this summer? You're in for a treat. Calgary truly comes alive in the warmer months, with a lineup of events, festivals, and outdoor adventures that capture the spirit of the city and its stunning surroundings. Whether you’re here for a weekend or a few weeks, here are some can’t-miss things to do in Calgary this summer.
Let’s start with the big one: the Calgary Stampede. Known as “The Greatest Outdoor Show on Earth,” this 10-day event in early July is part rodeo, part music festival, and 100% fun. Think cowboy hats, pancake breakfasts, midway rides, chuckwagon races, and top-tier concerts—all in one place. Even if you’re not into rodeo, the Stampede Grounds offer food trucks, shopping, and nightly fireworks that are sure to impress.
🗓️ When: July 4–13, 2025
📍 Where: Stampede Park
If you're looking for local charm, make time for the Inglewood Sunfest. This one-day street festival takes over Calgary’s oldest neighborhood with live music, artisan vendors, food trucks, and pop-up patios. It’s a great way to soak up some sunshine and discover local artists and creators.
🗓️ When: August 2, 2025
📍 Where: Inglewood Main Street
Set against the stunning backdrop of Prince’s Island Park, this outdoor theatre series offers a relaxed way to enjoy classic Shakespeare plays under the open sky. Bring a blanket, pack a picnic, and enjoy the show—it’s pay-what-you-can, so it’s also budget-friendly!
🗓️ When: Late June through August
📍 Where: Prince’s Island Park
Music lovers, this one's for you. The Calgary Folk Music Festival is a four-day celebration of global and local talent set on the scenic Prince’s Island Park. Expect everything from indie and roots to world music, plus craft beer and local eats.
🗓️ When: July 24–27, 2025
📍 Where: Prince’s Island Park
Looking for something more laid-back? Check out one of Calgary’s night markets, which pop up in neighborhoods like Bridgeland, Crescent Heights, and Marda Loop. Shop for handmade goods, grab a bite, and enjoy live entertainment—all under the evening sky.
🗓️ When: Various dates June–August
📍 Where: Multiple locations
Don’t forget to explore Calgary’s year-round landmarks too. Take in panoramic views from the Calgary Tower or snap a photo at the iconic Peace Bridge over the Bow River. These are perfect spots for a summer evening stroll or Instagram-worthy moments.
Pack layers: Calgary’s weather can change fast—sunshine one minute, a quick rain shower the next.
Use public transit: The CTrain is easy to use and great for getting around downtown.
Check local listings: Events are constantly popping up—art walks, brewery tours, and pop-up patios are just the beginning.
Final Thoughts
From cowboy culture to indie music and stunning park views, Calgary is packed with experiences that make summer unforgettable. Whether you’re here for the Stampede or just passing through, there’s always something happening.
Let the adventure begin—Calgary’s summer awaits!
Inventory is rising, interest rates are holding, and prices are staying strong. Here’s what it means for you.
If you’ve noticed more "For Sale" signs around Calgary lately, you’re not imagining things. Inventory is up across the board—single-family homes, attached properties, townhomes, and condos.
Whether you’re looking to buy, sell, or invest, here’s what you need to know about the current market.
Good news for buyers: there are more homes on the market than we’ve seen in quite some time. That means more variety and less pressure.
While listings are up, sales activity has leveled off, which means we're likely heading toward a more balanced market. That’s great if you’ve been feeling rushed or priced out in recent months.
Despite the increase in inventory, prices remain solid, especially in Calgary’s most desirable areas.
If you’re a seller, this is still a strong market—particularly if your home is well-maintained and priced right. Homes in neighborhoods like Altadore, West Springs, and Bridgeland are still drawing serious attention.
The Bank of Canada is holding interest rates steady, with the possibility of a decrease later this summer.
If you’re a buyer or investor, a potential rate cut could open up more affordable borrowing options—and increase demand later in the season.
Whether you're:
Buying your first or next home,
Selling and looking to maximize your return, or
Investing in one of Canada’s most dynamic real estate markets...
Now is a great time to get strategic.
Contact me, Terry Edwardson, for a personalized consultation and let’s put together a plan that works for your goals and timeline.
📩 Email me today to get started
Looking for a new home can be an exciting experience. If you are looking specifically for a condominium, you may be surprised at all the different things to consider; as buying a condo is not the same as buying a single-family home. There are many benefits of owning a condo, such as taking advantage of shared amenities and building maintenance. However, you will likely be sharing walls with neighbours and other common areas, which makes owning a condo different from a stand-alone house.
A condominium, or in short, a “condo” is a single unit within a community of other units. Condos are typically apartment-style properties, freestanding homes, or townhouses. Condo owners jointly share common areas such as garages, elevators, hallways, gyms, pools, etc.
It is important to understand the responsibilities that come with owning a Condo and what the purchase includes. Although some areas are shared as common property, owners are typically responsible for the interior of the condo and the structural components of the exterior walls.
Shared areas of the complex are typically managed by a condo association. The association acts as a supervisory board to manage the common areas and govern the rules and regulations set out in the bylaws. Within the association, the Board of directors are nominated by the ownership to be the voice of the association. They are made up of a group of volunteer owners, who are collectively responsible and accountable for decisions regarding the association, on behalf of owners.
Often, a property management company is hired on behalf of the association to handle maintenance, communication amongst owners, and the property finances. A property manager will work directly with the Board of directors and acts as an agent of the condo association.
The main difference between owning a condo and a house is maintenance. If you owned a house and needed the roof repaired, that would be your financial responsibility alone to have it fixed. If you own a condo, maintenance such as this would likely be split between the owners of the condo association. Since common area maintenance is shared amongst owners, this requires a monthly fee to be paid to ensure the expenses can be paid. These monthly fees are referred to as condo fees in Alberta.
Sharing common costs may be an important factor when making a decision about owning a condo, but it is important to remember that you will be part of a community that has rules and regulations that need to be adhered to. For example, your condo association may not allow pets on the premise, there may be aesthetic requirements to follow or if there is a big repair, a special assessment may be required. This involves collecting fees outside of the monthly condo fees to ensure big projects can be completed.
One of the most important things to protect yourself, when looking at buying a condo, is to research the condo association and do your due diligence. Review the association bylaws, look at the financial records, community rules and regulations, and Board meeting minutes. All of these documents will help you make informed decisions before purchasing a condo. Important documents to review, include:
In summary, owning a condo can be a great investment, but its own rules require potential owners to do their due diligence and check all the governing documents before making a decision to purchase a condo. It’s best to seek advice from a professional Realtor who has experience with condo sales to ensure it is the right fit for you.
If you're looking to buy a house in 2023, it might be good to do it sooner rather than later as house prices are set to increase in parts of Alberta next year.
According to CREB's 2023 Canadian Housing Market Outlook, Alberta home prices are set to get more expensive in 2023, with average sale prices increasing in both Calgary and Edmonton.
Calgary's housing market is likely to shift into a seller's market early in 2023, with first-time buyers fueling a lot of the demand for housing.
While condos are the dominant housing type in the city right now, single-detached homes are likely to be pretty popular heading into 2023 as buyers look for additional living space, the report said.
In Edmonton, the market will be driven by more "move-up and move-over buyers" looking for single-detached homes.
While housing prices are on the rise in Calgary and Edmonton, homes are still considerably cheaper than you would find in Ontario and B.C.
The average residential sale price in Calgary for 2022 was $658,277.00, while in Edmonton, it was $401,025.00.
Compared to the Greater Vancouver Area and the Greater Toronto Area where average prices were an eye-watering $1,267,131 and $1,203,916 respectively, Alberta is still affordable
A full-service realtor does everything from listing your house on Realtor.ca for the right price to marketing your house and completing negotiations. They're known as full-service because they don't just pick and choose which services to provide, they offer the whole package.
Need a more in-depth description? Here's what a full-service realtor does for you.
It may seem pretty simple to stick your home on the internet with a price and put a sign up in the yard. But really, there's more to it than that.
Your full-service realtor will take a look at similar homes in the area that are listed or have recently sold to compare to yours. They will also pull stats from the area, look at the property value of the neighbor's homes, and use all of this information to find the value of your home. This whole process is known as completing a Comparative Market Analysis (CMA) and helps the agent price your home effectively.
Once your realtor finds that pricing sweet-spot, they're half-way to listing your house.
Next, your realtor will either take pictures of your house yourself or pay a professional photographer to do it for them. The real estate photographer and full-service agent know exactly what to feature in the images to get potential buyers in the door.
Although it is by no means required, some full-service realtors will have a stager come in and stage your home for a more attractive offer. Staging happens a before and during the photography process.
Once the realtor is geared with an attractive price and incredible photos, they're ready to list your home on Realtor.ca. Simply listing your house with beautiful photos and a price isn't enough, however. Next, they'll probably ask you a few questions about the house to write a sensational description. The description is your chance to get everything not seen in the pictures out to potential buyers.
Some things your realtor will put in the listing description are:
Once your home is listed, it's time to drive traffic to it.
Your full-service realtor will post the usual signs in your yard and may even put a box of fliers. Then they'll make sure to list your homes in local home publications, and even market it online.
This step is key in getting the word out about your home, and the type and amount of marketing your realtor does says a lot about their caliber of skill.
If your agent kicks back and hopes the house will sell itself, it's time to find a new agent. You want an agent who knows where to find qualified buyers and has experience marketing to them. This will help your house get in front of the right people.
If your home is a good candidate for an open house, your full-service real estate agent will be in charge of advertising for it and holding it open. They'll also be responsible for scheduling showings for people to walk through and see the house.
Because your realtor will be showing off the property, it's crucial that they become an expert on your home. Your full-service real estate agent should get to know the house really well. They should be able to tell prospective buyers where the sun hits the windows in the morning as well as what year the remodeling was completed.
Potential buyers will have questions-- lots of them-- so a crucial part of your realtor's marketing includes researching the property and knowing how to answer these questions.
Need to know if remodelling your kitchenor power washing the roof will get more buyer appeal? That's what your full-service realtor is there for.
Similar to Google (but specific to your neighborhood), your expert realtor will be able to provide you with information that affects the value of your home.
They'll help you identify areas of the house that need a little love and care to get the house to asking price. If a buyer comes in and demands some changes be made, your realtor can also consult with you on that and help you understand if that request is reasonable.
Beyond questions about changes to the house, your full-service realtor can also help you with your contracts. They'll look over each contract and help to break it down for you. They'll probably even make changes to offers that are set-up as contracts in your behalf (at your request, of course).
Having expert advice by your side to consult with is crucial to making the home selling process a success.
Once an offer is made, your full-service realtor will negotiate the terms of the sale. If you're ok dropping $5k in price, but NOT ok replacing the roof-- your realtor will make that clear.
A good full service Realtor will have a lot of experience negotiating sales and getting you the right price for your home. By the same token, they'll step in and let you know if the deal you are about to pass up is a good one.
Remember-- your realtor works for you. If you feel like they are misrepresenting you at the negotiations, step in and communicate your boundaries. Your full-service realtor needs to be on the same page as you especially during negotiations.
Listing and marketing your home, scheduling and holding open houses, providing expert advice and negotiating the sale are all things that full-service realtors do, but they're not the only things they can do. Talk to your realtor today to learn about other services they provide to get your house SOLD.
Foreclosures occur when a homeowner misses consecutive payments to his or her lender, usually over a time span of at least three pay periods. When they have no means to start catching up on payments, foreclosure is usually imminent. The lender will begin the process of reclaiming ownership, which basically means the title on the property is reversed and it is reclaimed by the original lender. Once the foreclosure becomes official, the lender then has the ability to sell the property and use the proceeds to pay off the cost of the mortgage, as well as any legal fees accrued As unfortunate as foreclosure situations sometimes are, they also offer buyers a chance to purchase a quality property quickly and often slightly below market value.
Why does this occur? Simply put, banks are not in the business of property management. Their main goal throughout the foreclosure process is to recover the original principle loaned out as quickly as possible. While lenders do have an obligation to try and get fair market value, they also want to liquidate the asset as fast as possible. As a result, any reasonable offer made that is close to the asking price is almost always accepted or, at the very least, seriously entertained.
Their are two different types of foreclosures in Alberta - Court of Queens Bench (Judicial) foreclosures and bank foreclosures. The first kind, a judicial foreclosure, involves the sale of a mortgaged property under the supervision of the Court of Queens Bench. All proceeds from the sale go to pay off the mortgage first and foremost, while the remainder of the capital is claimed by lien holders and the original borrower/homeowner (if any is left). All judicial foreclosures in Calgary are unconditional, and only cash offers are considered. In other words, there are no financing options and a home inspection is not performed - the property is sold as is. Since judicial foreclosures involve a lawsuit against the borrower by the original lender, people may still be living in the property until the process is finalized.
On the other hand, bank foreclosures usually involve the sale of an empty property after the mortgage lender has invoked the Power of Sale clause included in a standard mortgage contract. They are almost always much simpler, and as such, move along at a much faster pace. No court supervision is required and in most cases, potential buyers can request financing and a home inspection condition in their offer.
Chattel, or unattached goods, are not included in a final sale. However, goods left in a bank-owned home are often not removed after purchase, so as soon as possession takes place, the items become property of the new owner. This is usually much less common in cases of judicial foreclosure, although it does sometimes still occur. In either case, no official/real property report is provided and buyers will have to pay for title insurance. Offers are often left open for acceptance longer as well, as lawyers and/or the court need some extra time to review a potential offer before approving it.
While the foreclosure buying process can often have a few ups and downs, Calgary Dream Homes team knows exactly how to help you navigate a competitive Calgary foreclosures market. Terry checks and updates the Calgary MLS foreclosure database on a daily basis before compiling the list. Not only can he outline the specifics of each type of foreclosure that occurs here in Alberta, he will also provide professional advice and absolute legal clarity. For more details on Calgary foreclosure listings or to set up an appointment to view specific property, please contact us by filling out the contact from under the Resourses tab on the main page.