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This One Mistake Could Cost Calgary Homebuyers Thousands

🚨 This Calgary Buyer Mistake Can Cost You THOUSANDS 💸

One of the biggest mistakes I see in the Calgary real estate market?

👉 Skipping professional guidance and going in “just to see” new builds or resale homes alone.

Here’s why that can hurt you:

🏡 You Lose Negotiation Power

Walking into a show home or contacting a listing agent without your own representation means you’re not getting full advocacy. The seller’s agent works for the seller—not you. That can cost you on price, terms, and upgrades.

💰 Missing Hidden Costs & Opportunities

From builder upgrades to inspection issues, there are often thousands of dollars on the table. Without expert guidance, buyers overlook:

• Incentives & rebates

• Pricing trends in Calgary communities

• Red flags that impact future resale value

📉 Overpaying in a Shifting Market

Even in a strong long-term market like Calgary, short-term fluctuations happen. Without strategy, you risk buying at the wrong price or under the wrong conditions.

🔍 No Strategy = Expensive Decisions

Smart buyers have a plan:

✔️ Pre-approval in place

✔️ Market insight

✔️ Negotiation strategy

✔️ Long-term equity focus

The truth? The right guidance doesn’t cost you—it protects your investment.

📲 Thinking about buying in Calgary? Let’s make sure you don’t leave money on the table.

#CalgaryRealEstate #YYCRealEstate #HomeBuyers #CalgaryHomes #FirstTimeBuyer #RealEstateTips #YYCRealtor #InvestSmart #HomeBuyingTips #CalgaryLiving

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Biggest Inspection Red Flags In Calgary Homes.

🚨 Biggest Home Inspection Red Flags in Calgary 🚨

Buying a home in Calgary? Don’t skip the inspection—these hidden issues can cost you BIG 💸

Here are the top red flags every buyer needs to watch for 👇

🏠 Mould & Musty Smells

If the basement smells damp or musty… trust your nose 👃

This can signal mould growth, poor ventilation, or past water intrusion—common in older Calgary homes.

💧 Water Stains & Damage

Brown spots on ceilings or walls? That’s a warning sign ⚠️

Could mean roof leaks, plumbing issues, or foundation seepage—especially after snow melt or heavy rain.

🚿 Poly B Plumbing

Many homes built between the 1970s–90s still have Poly B piping.

It’s prone to failure and can impact insurance + resale value.

⚡ Aluminum Wiring

Found in homes built in the 60s–70s—this outdated wiring can be a fire risk 🔥

Insurance companies may require upgrades.

📉 Sagging Floors

Uneven or bouncy floors aren’t just cosmetic…

They could indicate structural issues or foundation movement 🏚️

🧱 Foundation Cracks

Not all cracks are equal—but horizontal or widening cracks can mean serious problems.

👀 Pro Tip:

A home might look perfect on the surface—but inspections reveal the truth. Always protect your investment.

📲 Thinking about buying in Calgary? Let’s walk through homes the right way—smart, strategic, and stress-free.

#CalgaryRealEstate #YYCRealEstate #HomeInspection #HomeBuyingTips #CalgaryHomes #RealEstateInvesting #HouseHunting #YYCRealtor #FirstTimeHomeBuyer #CalgaryLiving

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Why Are So Many Ontario Buyers Moving to Calgary? 🏡➡️🏔️

There’s a major shift happening in the Canadian housing market—and Calgary is right at the center of it. Here’s why buyers from Ontario are making the move 👇

🌍 Immigration Boom = More Demand Nationwide

Canada continues to welcome record levels of immigration, with many newcomers initially landing in Ontario cities like Toronto. As affordability gets stretched, buyers are looking west—and Calgary is a top destination thanks to opportunity and lifestyle.

💰 Affordability That’s Hard to Ignore

Let’s talk numbers:

📍 Toronto average home price: $1.1M+

📍 Calgary average home price: ~$575K

That’s nearly half the price for a detached lifestyle, more space, and a better quality of life. For many Ontario buyers, Calgary isn’t just affordable—it’s a game changer.

📈 Stronger Value + Growth Potential

Calgary still offers room for appreciation compared to overheated Ontario markets. Buyers are seeing better entry points, less competition, and long-term upside.

💼 Jobs & Economic Opportunity

From energy to tech, logistics to finance—Calgary’s economy is diversifying fast. With lower taxes and a pro-business environment, more companies (and jobs) are moving here.

🚗 Lifestyle Upgrade

Less traffic. Bigger homes. Close to the mountains.

For many families, it’s not just a move—it’s a lifestyle reset.

📊 The Bottom Line

Ontario buyers are realizing they can sell high and buy smart in Calgary—unlocking equity, reducing debt, and upgrading their lifestyle all at once.

📲 Thinking of making the move or investing in Calgary real estate? Let’s build your strategy.

#CalgaryRealEstate #MovingToCalgary #TorontoToCalgary #YYCRealEstate #CanadianHousingMarket #InvestInCalgary #AffordableLiving #RelocationExperts

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Community Spotlight Cranston!

🌿 Cranston Community Spotlight 🚴‍♂️🌳 | SE Calgary Living

If you’re searching for a community that blends nature, lifestyle, and convenience, Cranston stands out as one of SE Calgary’s premier places to live.

🌳 Parks, Green Space & Room to Breathe

Cranston is known for its abundance of parks, playgrounds, and beautifully maintained green spaces. Whether it’s family picnics, dog walks, or letting the kids run free—this community was designed for outdoor living.

🚴‍♂️ Incredible Bike & Walking Trails

One of Cranston’s biggest highlights is its direct access to the Bow River pathway system. Enjoy kilometers of scenic biking and walking trails that connect you to Fish Creek Park and beyond—perfect for active lifestyles and weekend adventures.

💦 4-Season Community Amenities

Residents enjoy exclusive access to Century Hall, featuring a splash park in the summer and outdoor skating in the winter—keeping families active all year long.

🏫 Family-Focused & Growing

With excellent schools, nearby shopping, and quick access to Deerfoot and Stoney Trail, Cranston continues to attract buyers looking for long-term value in Calgary real estate.

📈 Why Cranston is in Demand in 2026

✔️ River access & scenic pathways

✔️ Strong community feel

✔️ Family-friendly design

✔️ Consistent property value growth

Thinking about calling Cranston home? Let’s find you the perfect fit.

📩 Send me a message for available listings in Cranston today!

#CranstonCalgary #YYCRealEstate #CalgaryHomes #SECalgary #BowRiverPathways #CalgaryLiving #FamilyHomesYYC #RealEstateCalgary

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What Does 500k Buy You In Canada Calgary vs Vancouver vs Toronto vs Montreal?

🏡💰 What Does $500K Buy You in Canada? Calgary vs Vancouver vs Toronto vs Montreal

Thinking about buying a home in Canada? Here’s how far your $500,000 budget goes in today’s market 👇

📍 Calgary

💥 Detached home or newer townhouse

In Calgary, $500K can still get you a fully detached home in communities like SE or NE Calgary, often with a yard, 3+ bedrooms, and 1,200–1,800+ sq ft.

✅ More space

✅ Parking + yard

✅ Family-friendly communities

📍 Vancouver

😮 1-bedroom condo (maybe 2 if older)

In Vancouver, $500K typically buys a smaller condo, often under 600 sq ft. Detached homes are out of reach at this price.

❗ High density living

❗ Limited space

❗ Premium location pricing

📍 Toronto

🏢 Condo living

In Toronto, expect a 1-bedroom condo or small 1+den, usually in a high-rise. Space is tight, but you’re buying into a major economic hub.

📉 Less space, higher price per sq ft

📍 Montreal

✨ Condo or small duplex potential

Montreal offers more flexibility—$500K can get a larger condo or even a small plex in certain areas.

✅ Better affordability than Toronto/Vancouver

✅ Investment potential

💸 Land Transfer Tax Breakdown

📍 Alberta (Calgary)

🔥 NO provincial land transfer tax

Only small title + mortgage registration fees (huge savings!)

📍 British Columbia (Vancouver)

💰 1% on first $200K

💰 2% up to $2M

📍 Ontario (Toronto)

🚨 Provincial LTT + Toronto municipal LTT

👉 You pay DOUBLE land transfer tax

📍 Quebec (Montreal)

💵 “Welcome Tax”

Progressive rates depending on price (roughly 0.5%–1.5%+)

📊 The Bottom Line

Your $500K stretches WAY further in Calgary than in Canada’s larger markets. More space, more lifestyle, and significantly lower closing costs.

📲 Thinking about making a move in Calgary? Let’s find out what your budget can REALLY get you.

#CalgaryRealEstate #YYCRealEstate #CanadianRealEstate #HomeBuyingCanada #CalgaryHomes #RealEstateInvesting #MoveToCalgary #HouseHunting #FirstTimeHomeBuyer #RealEstateTips

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Thinking About Downsizing In Calgary?

🏡 Downsizing Your Home in Calgary: The Complete Guide to a Smarter, Simpler Move

Downsizing your home isn’t just about moving into a smaller space—it’s about upgrading your lifestyle. Whether you’re an empty nester, approaching retirement, or simply ready to simplify, many homeowners in Calgary are choosing to downsize and unlock the equity in their homes 📈

With rising home values across Calgary, downsizing can mean less maintenance, lower monthly costs, and more financial freedom. But the key to a successful downsize? Having a solid plan.

Here’s your step-by-step guide to downsizing your home the right way 👇

✨ 1. Start Purging Early (And Be Strategic)

One of the biggest mistakes homeowners make is waiting too long to declutter. Downsizing takes time—especially if you’ve lived in your home for years.

Start at least 2–3 months before listing your home and go room by room:

  • Closets

  • Basements

  • Garages

  • Storage rooms

Ask yourself: Have I used this in the last year? If not, it may be time to let it go.

💡 Pro Tip: Focus on reducing volume, not just organizing. The goal is less stuff—not better-stored stuff.

🎁 2. Donate Items and Give Back Locally

Downsizing is a great opportunity to give back to the Calgary community ❤️

Items in good condition can be donated to local charities, helping families in need while reducing waste. Common items to donate include:

  • Clothing

  • Kitchenware

  • Furniture

  • Household goods

Not only does this lighten your move, but it also adds purpose to the process.

💰 3. Sell What You Don’t Need

Before you donate everything, consider what may have resale value. Many Calgary homeowners are surprised by how much they can earn from items they no longer use.

Popular platforms include:

  • Facebook Marketplace

  • Kijiji

  • Local community groups

High-demand items often include:

✔ Furniture

✔ Tools

✔ Outdoor equipment

✔ Home décor

💡 Bonus: The extra cash can help offset moving costs or go toward furnishing your new space.

📦 4. Measure and Plan Your New Space Carefully

One of the most common downsizing challenges? Bringing too much into a smaller home.

Before your move:

  • Get the floor plan of your new property

  • Measure large furniture pieces

  • Plan where everything will go

This ensures your new space feels open, functional, and comfortable—not overcrowded.

🧠 5. Prioritize Function Over Sentiment

Letting go of sentimental items can be the hardest part of downsizing. But remember—your new home should support your next chapter, not store your past.

Try this approach:

  • Keep a select few meaningful items

  • Digitize photos and documents

  • Pass heirlooms on to family members

💡 Downsizing is about intentional living, not sacrificing memories.

🚛 6. Create a Smart Moving Strategy

A smooth move starts with a solid plan. Downsizing often involves more logistics than a typical move because you’re managing what stays, what goes, and where everything ends up.

Consider:

  • Hiring professional movers

  • Booking early (especially in Calgary’s busy seasons)

  • Using short-term storage if needed

  • Staggering your move to reduce stress

Planning ahead can save you time, money, and unnecessary headaches.

📈 7. Leverage Your Home Equity in Calgary’s Market

Calgary’s real estate market has created strong equity positions for many homeowners. Downsizing allows you to:

  • Cash out equity 💰

  • Reduce or eliminate your mortgage

  • Lower property taxes and utility costs

This can significantly improve your financial flexibility—especially for retirement or lifestyle goals like travel ✈️

🌿 8. Embrace the Lifestyle Benefits of Downsizing

Downsizing isn’t just a financial decision—it’s a lifestyle upgrade.

Homeowners who downsize often enjoy:

✔ Less home maintenance

✔ Lower monthly expenses

✔ Simplified living

✔ More time for family, travel, and hobbies

In Calgary, many downsizers are moving into:

  • Villas and bungalows

  • Low-maintenance detached homes

  • Condos with amenities

It’s all about finding a home that fits your current lifestyle—not your past needs.

📍 Final Thoughts: Downsizing Done Right

Downsizing your home in Calgary can be one of the smartest real estate decisions you make—if done strategically. From decluttering and selling items to planning your move and maximizing equity, every step plays a role in your success.

If you’re considering downsizing, having the right guidance can make the process seamless and stress-free.

📲 Thinking about downsizing in Calgary or surrounding areas? Let’s build a customized plan that works for your goals, timeline, and lifestyle.

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Calgary downsizing, downsizing your home Calgary, selling your home Calgary, Calgary real estate tips, how to downsize, Calgary empty nesters, downsizing checklist Alberta, Calgary housing market, move to condo Calgary, Calgary home selling strategy

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Want To Buy A Home But Struggling With The Down Payment?

Saving for a down payment is often the biggest challenge for buyers entering the Calgary real estate market, but many people don’t realize there are several ways to make it happen.

💰 RRSP Home Buyers’ Plan

First-time buyers in Canada can withdraw up to $60,000 from their RRSP tax-free to use toward a down payment. Couples could potentially access $120,000 combined, with repayment spread over 15 years.

📈 First Home Savings Account (FHSA)

This newer program allows you to contribute up to $8,000 per year, up to $40,000 total. Contributions are tax-deductible, and withdrawals for a home purchase are completely tax-free.

🏦 Borrowed Down Payment

In some cases, buyers can use a line of credit, personal loan, or borrowed funds for a down payment if they still qualify under mortgage lending guidelines.

👨‍👩‍👧 Gifted Down Payment

Many buyers receive help from family. Most lenders allow gifted funds from parents or relatives, provided the money is documented as a gift.

💵 TFSA Savings

Money saved in a Tax-Free Savings Account can be withdrawn anytime and used toward a down payment with no tax consequences.

Many buyers combine savings, RRSP funds, FHSA contributions, or family assistance to reach their goal faster.

Thinking about buying a home in Calgary but not sure how to build your down payment?

📲 Reach out anytime and I’d be happy to walk you through your options.

#CalgaryRealEstate #FirstTimeHomeBuyer #DownPaymentTips #YYCRealEstate #CalgaryHomes #HomeBuyingCanada 🏡

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Is Now A Good Time To Buy Real Estate In Calgary?

🏡 Is Now a Good Time to Buy in Calgary Real Estate?

Many buyers are asking the same question right now: Is it still a good time to buy in Calgary? The short answer — many signs in the market say yes.

📊 Home Prices Still Competitive

The average home price in Calgary is sitting around the $600K range, which is still far more affordable than markets like Toronto or Vancouver, where average prices are often well over $1 million. This affordability is one of the biggest reasons people across Canada are relocating to Calgary.

💰 Strong Income-to-Home Price Ratio

Calgary continues to have one of the best income-to-home price ratios in Canada, meaning local incomes are more aligned with housing costs compared to other major cities. For many buyers, homeownership here is still within reach.

📦 More Inventory for Buyers

Another positive sign right now is increasing inventory. More homes on the market means buyers have more choice, less competition, and better negotiating power than during the peak frenzy years.

📉 Interest Rates Stabilizing

While mortgage rates increased over the past couple of years, many experts believe rates are stabilizing, and buyers are adjusting to the new normal. When rates eventually decline, demand could increase quickly again.

📍 Why People Are Moving to Calgary

✔️ Strong job market

✔️ More affordable homes

✔️ Family-friendly communities

✔️ Incredible outdoor lifestyle

📲 Thinking about buying in Calgary? The right strategy in today’s market can make a huge difference.

#CalgaryRealEstate #CalgaryHomesForSale #YYCRealEstate #CalgaryHousingMarket #MoveToCalgary #RealEstateTips 🏡📈

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GST Relief For First Time Home Buyers

🏡 Canada’s New GST Break for First-Time Home Buyers (Starting May 2025!) 🇨🇦

Big news for first-time home buyers in Canada — the federal government has introduced a new GST rebate program that could save buyers up to $50,000 on a new home purchase! 💰

Here’s what you need to know 👇

✨ How the program works:

• Homes priced up to $1,000,000 → Up to 100% of the GST rebated (maximum savings of $50,000)

• Homes between $1,000,000 – $1,500,000 → Partial rebate (phased out gradually)

• Homes over $1,500,000 → Not eligible for the rebate

👨‍👩‍👧 Who qualifies?

To be eligible you generally must:

✔️ Be 18 years or older

✔️ Be a Canadian citizen or permanent resident

✔️ Be a first-time home buyer (you haven’t owned or lived in a home you owned in the past 4 years)

✔️ Purchase the home as your primary residence

🏗️ What homes qualify?

This rebate applies to:

• Brand new homes from a builder

• Newly built or substantially renovated homes

• Owner-built homes

• New cooperative housing units

📅 Important timeline:

To qualify, the purchase agreement must be signed on or after May 27, 2025 and before 2031.

💡 Why this matters:

This program is designed to help first-time buyers enter the housing market while also encouraging more new housing construction across Canada.

For many buyers, this could mean tens of thousands of dollars saved on a brand-new home. 🙌

📲 Thinking about buying your first home in Calgary or anywhere in Canada? Let’s talk about the programs and incentives that may help you get into the market sooner.

#FirstTimeHomeBuyer #CanadaRealEstate #GSTRebate #NewHomeBuyer #CalgaryRealEstate #HomeBuyingCanada #CanadianHousing #RealEstateTips #YYCRealEstate #NewConstructionHomes 🏡✨

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Community Spotlight Lake Chaparral!

🌟 Community Spotlight: Lake Chaparral 🌟

For the past 18 years, I’ve proudly called Lake Chaparral home — and it’s easy to see why this incredible lake community in Southeast Calgary is one of the most desirable places to live for families. 🏡💙

Living in Lake Chaparral means enjoying four seasons of amazing lifestyle amenities right in your own neighborhood. Whether you’re raising kids or simply love an active community, there’s always something happening here.

❄️ Winter Fun:

When the lake freezes over, the community comes alive with ice skating, hockey, sledding, and even ice fishing. It’s like having your own winter playground just steps from home. ⛸️🏒🎣

☀️ Summer Vibes:

When the warm weather arrives, residents can relax at the beach, swim in the lake, play tennis, volleyball, or enjoy the many playgrounds throughout the community. It truly feels like a vacation in your own backyard. 🏖️

👨‍👩‍👧‍👦 Perfect for Families

Lake Chaparral is known for its strong sense of community, beautiful homes, great schools nearby, and year-round activities for kids and adults alike. It’s the kind of place where neighbors become friends and lifelong memories are made.

After nearly two decades here, I can confidently say this is one of Calgary’s best lake communities to call home.

Thinking about buying a home in Lake Chaparral or Southeast Calgary? I’d love to help you explore what makes this area so special.

📩 Send me a message anytime!

#LakeChaparral #CalgaryRealEstate #LakeCommunityLiving #SECalgary #CalgaryHomes #YYCRealEstate #FamilyFriendlyCommunity #LivingInCalgary #CalgaryLakeCommunities #YYCFamilies 🏡✨

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Shopping For An Older Home? Beware The Poly B Water Lines.

🚨 Before you purchase a home in Alberta, check this…

Many homes built between the late 1970s and mid-1990s were installed with Poly-B (polybutylene) water lines. At the time, it was a cheaper and faster plumbing solution for builders—but today it can create serious problems for homeowners.

⚠️ Poly-B pipes can deteriorate from the inside out and may leak or burst without warning, potentially causing expensive water damage.

Because of this risk, many insurance companies may refuse coverage, limit coverage, or require the plumbing to be replaced before issuing a policy.

🔎 How to spot it:

Poly-B pipes are typically grey plastic water lines often found near the hot water tank, under sinks, or in the mechanical room.

💡 Real estate tip:

A home with Poly-B isn’t always a deal breaker, but buyers should budget for replacement and confirm insurance options before purchasing.

🏡 If you’re buying a home in Calgary or anywhere in Alberta, understanding issues like this can save you thousands in unexpected repairs.

Follow for more Calgary real estate tips, home buying advice, and homeowner insights.

#CalgaryRealEstate #YYCRealEstate #HomeBuyingTips #PolyB #AlbertaHomes #HomeInspection #RealEstateTips 🏠💧🔎

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Can Possession Dates Be Changed After The Contract Has Been Signed?

🏡 Possession Day in Real Estate – What Buyers Need to Know

One of the most common misunderstandings I see in real estate is about possession dates.

Many buyers believe that the possession date is negotiable after the purchase contract has been signed. The truth is — it usually is not.

Once a real estate contract is finalized, the possession date becomes a legally binding part of the agreement. That date is coordinated between multiple parties including lawyers, lenders, the buyer, the seller, and sometimes movers. Changing it after the fact can create serious complications.

Here’s why possession dates matter:

📅 Legal Agreements – The possession date is written directly into the purchase contract and is enforceable.

🏦 Mortgage Funding – Lenders schedule mortgage funding around that specific date.

📦 Moving Plans – Buyers and sellers often have their moving trucks, cleaners, and utilities scheduled weeks in advance.

🔑 Chain of Transactions – In many cases, the seller is also buying another home and relying on that same timeline.

Changing the possession date after the contract is signed can cause delays, financial penalties, or even legal issues.

💡 Pro tip: Always choose a possession date that realistically works for everyone involved before signing the contract.

If you’re buying or selling a home, understanding details like possession timelines can make the process much smoother.

Thinking about buying or selling? I’m always happy to answer your real estate questions.

#CalgaryRealEstate #YYCRealEstate #HomeBuyingTips #RealEstateAdvice #PossessionDay #BuyingAHome #HomeSellingTips #RealEstateExpert #CalgaryHomes

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Should We Cancel Our Open House Because Of The Snowstorm?

❄️🏡 Some of the Best Open Houses Happen During a Snowstorm!

It might sound surprising, but some of the most successful open houses I’ve ever hosted in Calgary have been during a snowstorm. Why? Because when the weather turns bad, the serious buyers still show up.

When buyers are willing to drive through snow, bundle up, and tour homes despite the weather, it’s usually because they are motivated and ready to make a move. These aren’t just casual browsers — these are buyers actively searching for the right home in Calgary’s real estate market.

Snowstorms tend to filter out the crowds and bring in the most committed buyers, which can lead to better conversations, stronger interest, and sometimes even faster offers.

For sellers, this is a great reminder: don’t cancel your open house just because of the weather. In many cases, it can actually work in your favor!

Thinking about selling your home in Calgary’s competitive real estate market? The right strategy — including timing your open house — can make all the difference.

📩 Reach out anytime if you’re curious about how to prepare your home for a successful open house.

#CalgaryRealEstate #YYCRealEstate #CalgaryHomes #OpenHouseTips #SellingInCalgary #CalgaryRealtor #HouseHuntingYYC #RealEstateTips #CalgaryHomesForSale #YYCHomes ❄️🏠

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Is Calgary Still Affordable Compared To Toronto & Vancouver ?

Is Calgary Still Affordable Compared to Toronto and Vancouver? 🤔🏡

If you’ve been watching the Canadian housing market, you know prices in cities like Toronto and Vancouver have skyrocketed. But how does Calgary compare?

Let’s look at the numbers 👇

📊 Average Home Price

• Calgary: ~ $570K – $600K

• Toronto: ~ $1.06M+

• Vancouver: ~ $1.27M+

That means homes in Toronto and Vancouver can cost almost double what they do in Calgary.

💰 Income vs Home Price

A major affordability measure is the price-to-income ratio.

• Calgary: about 6.4× household income

• Toronto: about 10.7× income

• Vancouver: about 12.7× income

The lower the ratio, the more affordable the housing market.

📈 Income Needed to Buy

Approximate income needed to afford a typical home:

• Calgary: about $115K household income

• Toronto: $220K+ income needed

• Vancouver: among the highest in Canada

In fact, Calgary households often earn enough to qualify, while buyers in Toronto and Vancouver frequently face a major income shortfall.

👨‍👩‍👧 What This Means for Families

In Calgary you can often get:

✔️ Larger homes

✔️ Family-friendly communities

✔️ More space for your money

All while living in one of Canada’s fastest-growing cities.

✨ The bottom line:

While prices have risen in Calgary, it’s still one of the most affordable major cities in Canada compared with Toronto and Vancouver.

📩 Thinking about buying or moving to Calgary? Send me a message — I’d love to help you explore your options!

#CalgaryRealEstate #CalgaryHomes #YYCRealEstate #CalgaryLiving #MovingToCalgary #CanadianRealEstate #CalgaryFamilies #YYCHomes #RealEstateCanada #CalgaryRealtor

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Do You Need A Realtor®️ When Buying A Brand New Home?

🏡 Shopping for a Brand New Home in Calgary? Do You Need a Realtor? ABSOLUTELY. 👇

If you’re walking into a showhome in Calgary, remember this:

The sales reps work for the BUILDER — not for you. 🤝🏗️

Builder representatives are professional and knowledgeable, but their job is to protect the builder’s interests, pricing, and contracts. That’s why having your own Realtor is so important when buying a brand new home in Calgary.

Here’s why having your own representation matters:

✅ Contract Expertise – New build contracts are very different from resale homes. A Realtor helps you understand timelines, deposit structure, warranty details, and fine print.

✅ Price & Upgrade Guidance – Builders don’t usually negotiate price, but there may be flexibility in upgrades, lot premiums, or incentives. 💰

✅ Neighbourhood Knowledge – Which communities are appreciating? What future development is planned nearby? A local expert helps you buy smart. 📈

✅ Inspection & Possession Support – From pre-possession walk-throughs to warranty follow-ups, you want someone in your corner.

✅ It Costs You Nothing – In most cases, the builder pays the Realtor’s fee — not you. So why not have expert representation? 🙌

Buying a new construction home in Calgary is exciting 🏘️✨ but it’s also a major investment. Make sure you have someone advocating for YOUR best interests every step of the way.

Thinking about building or buying new? Let’s talk before you visit a showhome! 📲

#CalgaryRealEstate #NewBuildCalgary #CalgaryHomeBuyers #YYCRealEstate #CalgaryRealtor #NewConstructionHomes #MoveToCalgary #CalgaryHome

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Home Upgrades With The Biggest Return On Investment

🏡 UPGRADES WITH THE BIGGEST RETURN ON INVESTMENT 🔥

Thinking about updating your home before selling? These upgrades typically pay you back the most when it’s time to sell 👇 (ROI = % of your investment you can expect back in added value)

🎨 1. Fresh Paint (Interior & Exterior)

💸 ROI: ~80%–110%

A fresh, clean paint job instantly modernizes your space and makes your home feel move-in ready. Great bang for your buck!

🍽️ 2. Kitchen Refresh (Minor Remodel)

💸 ROI: ~75%–95%

Small cosmetic changes = big perceived value: cabinet refacing, new hardware, & countertops refresh the space without a full gut.

🛁 3. Bathroom Updates

💸 ROI: ~50%–75%

Focus on modern fixtures, lighting, vanities, and finishes. Functional upgrades win over overly luxury renos.

🌳 4. Curb Appeal (Landscaping + Exterior)

💸 ROI: ~90%–105%+

First impressions matter! Landscaping, new garage/entry doors, and a refreshed exterior can deliver very high ROI.

🪵 5. Flooring (Hardwood or Modern Vinyl Plank)

💸 ROI: ~50%–150% (varies with material & market)

Updated flooring can dramatically elevate your interior’s look — especially if replacing worn carpet.

🌿 6. Energy Efficiency Upgrades

💸 ROI: ~75%–90%+

Upgrades like new windows, better insulation, or energy-efficient systems appeal to buyers and lower utility costs.

📊 Quick ROI Snapshot

✔️ Paint — 80%–110%

✔️ Minor Kitchen — 75%–95%

✔️ Bathrooms — 50%–75%

✔️ Landscaping/Curb Appeal — 90%–105%+

✔️ Flooring — 50%–150%

✔️ Energy Efficiency — 75%–90%

✨ Tips for Maximum ROI:

• Choose neutral colours & timeless finishes 🎨

• Focus on move-in ready improvements 🛠️

• Avoid overly personalized details that may not appeal to all buyers 💡

💭 Thinking of selling? Drop your neighbourhood in the comments and I can tell you which upgrades make the most sense for your specific market 📍

#HomeRenoROI #CalgaryRealEstate #HomeUpgrades #ValueBoost #RenovationROI #YYCRealtor #SellSmart 🏡💰✨

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Calgary’s Backyard Suite Incentive Program

Big news for homeowners in Calgary! 🏡✨

The City is launching a Backyard Suite Incentive Program — and this could be a game-changer for property owners looking to add value and generate income! 💰🔥

If you’ve ever thought about building a backyard suite (also known as a garden suite or secondary suite), now is the time to pay attention. 👀👇

🌿 What is a Backyard Suite?

A self-contained living space built in your backyard — perfect for:

✔️ Rental income

✔️ Multi-generational living

✔️ Adult children

✔️ Aging parents

✔️ Increasing property value

💵 Why This Incentive Matters

With financial incentives available, homeowners in Calgary can:

✅ Offset construction costs

✅ Increase long-term rental income potential

✅ Boost resale value

✅ Help address housing supply in our city

This is a smart move whether you’re an investor or simply planning ahead for your family’s future. 📈

Calgary’s real estate market continues to evolve, and opportunities like this don’t come around often. If you’re curious about:

🔎 Zoning rules

🔎 Permit process

🔎 ROI potential

🔎 How a backyard suite impacts your property value

Let’s talk!

As your local Calgary real estate expert, I’ll help you understand how this program fits into your long-term real estate strategy. 🏘️

#CalgaryRealEstate #BackyardSuite #GardenSuite #SecondarySuite #YYCRealEstate #CalgaryHomes #RealEstateInvesting #PassiveIncome #CalgaryHomeowners #BuildEquity

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What Does 200k Buy You In Calgary?

💰 What Does $200,000 Buy You in Calgary? 🏙️

If you think $200K won’t get you much in today’s market… think again! 👀 In Calgary real estate, $200,000 can open the door to a beautiful apartment condo in some fantastic, family-friendly communities.

Here’s what you can expect:

✨ Bright, open-concept layouts

✨ 1–2 bedrooms with functional floor plans

✨ Updated kitchens & modern finishes

✨ Private balcony or patio space

✨ Underground or assigned parking

✨ Secure buildings with amenities (gyms, party rooms & more!)

Many of these condos are located in established, sought-after areas like Beltline, Bridgeland, Seton, and Evanston — communities known for parks 🌳, schools 🏫, shopping 🛍️, transit 🚆, and easy access to major routes.

🏡 Perfect for:

✔️ First-time home buyers

✔️ Young professionals

✔️ Downsizers

✔️ Investors looking for rental properties

✔️ Small families wanting affordable homeownership

With Calgary still offering incredible value compared to other major Canadian cities 🇨🇦, buying a condo under $200,000 is a smart way to build equity instead of paying rent month after month.

📈 Low entry price

📍 Prime locations

💼 Strong rental demand

🔑 Affordable path to homeownership

Curious what’s currently available under $200K in Calgary? I’d be happy to send you a free, up-to-date list!

#CalgaryRealEstate #CalgaryHomes #CondosForSale #YYCRealEstate #FirstTimeHomeBuyer #InvestInCalgary #AffordableHousing #CalgaryCondos

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The Top 6 Things I Don’t Care About As Your Calgary Realtor®️

🚨 6 Things I Don’t Care About As Your Realtor in Calgary 🚨

If you’re buying a home in Calgary, read this 👇

1️⃣ I don’t care how many homes we look at.

5 homes or 50 homes — we keep going until you feel 100% confident. This is one of the biggest purchases of your life. No pressure. No rushing. 🏡

2️⃣ I don’t care if you change your mind.

That’s part of the process! Walking through homes helps you figure out what you truly want (and don’t want). Every showing gets you closer to the right fit. 🔑

3️⃣ I don’t care if you think you’re bothering me.

You’re not. Showing homes, answering questions, booking viewings — that’s literally my job as a Calgary real estate agent. You are never an inconvenience. You’re the priority. 👊

4️⃣ I don’t care how many questions you ask.

Buying a home is a big decision. You should ask about pricing, neighborhoods, resale value, condos vs. houses, future development — all of it. My job is to make sure you feel informed and confident every step of the way

5️⃣ I don’t care if the process takes longer than expected.

Sometimes the right home shows up right away… sometimes it takes months. I’m here for the long game, not rushing you into something that isn’t the right fit.

6️⃣ I don’t care if you’re a first-time buyer or a seasoned homeowner.

Everyone deserves clear guidance, honest advice, and a smooth experience — no judgment, ever.

Buying in Calgary’s real estate market can feel overwhelming, especially for first-time home buyers. My job is to guide you, protect you, and make sure you feel confident every step of the way.

Thinking about buying a home in Calgary?

Let’s start the conversation. 📲

#CalgaryRealEstate #CalgaryRealtor #YYCRealEstate #CalgaryHomeBuyers #FirstTimeHomeBuyer #BuyingAHomeInCalgary #YYCRealtor #CalgaryHomesForSale

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Is Your House Not Selling In Calgary?

🏡 Is Your House Not Selling? Let’s Talk About Why…

If your home is sitting on the market in Calgary and not getting offers, there’s always a reason. The good news? Most of them are fixable. 👇

Here are the biggest reasons homes don’t sell in today’s market:

💰 1. Pricing Too High

Overpricing is the #1 reason homes don’t sell. Buyers compare your home to everything else online in seconds. If it’s not aligned with current market value, they’ll scroll right past it. Strategic pricing = more showings = stronger offers.

🌳 2. Lack of Curb Appeal

First impressions matter! If the lawn isn’t maintained, paint is peeling, or the entryway feels neglected, buyers form an opinion before they even walk in. Fresh landscaping, clean walkways, and a welcoming front door make a HUGE difference.

🔨 3. Too Many Repairs Needed

Buyers want move-in ready. Leaky faucets, damaged flooring, outdated fixtures, or obvious maintenance issues can scare them off — or lead to lowball offers. Small upgrades can bring big returns.

🧼 4. Does It Show Well?

Is it clean? Freshly painted? Bright and welcoming?

Buyers don’t just buy a house — they buy a feeling. Neutral paint, spotless surfaces, and good lighting help them picture themselves living there.

📦 5. Cluttered & Hard to Walk Through

If buyers can’t move comfortably through the home, rooms feel smaller. Clear countertops, organized closets, and minimal furniture help your space look bigger and more functional.

🛋️ 6. Was It Professionally Staged?

Staging highlights your home’s strengths and minimizes weaknesses. It also photographs better — which is critical since most buyers start their search online.

📍 7. Location Challenges

Backing onto a busy street, train tracks, or near the airport? ✈️🚂 These factors don’t mean your home won’t sell — but they DO affect price and marketing strategy. Proper positioning is key.

📸 8. Marketing Matters More Than Ever

Professional photos, video, social media exposure, and search engine optimization are essential. If your listing isn’t everywhere buyers are searching, you’re missing opportunities.

If your home isn’t selling, don’t panic. Adjust the strategy. 🔄

✨ The right pricing + presentation + marketing plan makes ALL the difference.

Thinking of selling in Calgary real estate? Let’s make sure your home stands out and gets SOLD!

#CalgaryRealEstate #WhyIsMyHouseNotSelling #HomeSellingTips #YYCRealtor #SellYourHome #CalgaryHomesForSale #RealEstateAdvice

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Selling A Home For Top Dollar Takes Massive Marketing!

Selling your home for TOP DOLLAR 💰 doesn’t happen by accident… it takes a massive marketing strategy and flawless execution from day one. 🚀

If you’re thinking about selling your home in Calgary, here’s what it really takes to maximize your home value and attract serious buyers:

📸 Professional Photography

High-quality, magazine-worthy photos are NON-negotiable. Most buyers start their home search online — and you only get ONE first impression. Stunning images = more clicks, more showings, more offers.

🎥 Cinematic Video Tours

Video marketing brings your home to life. Buyers relocating or browsing online can emotionally connect before they even step inside. More exposure = more demand.

🛋️ Professional Staging Consultation

A designer’s eye makes all the difference. Strategic furniture placement, decluttering, and styling can make rooms feel larger, brighter, and more inviting — helping buyers envision themselves living there.

🌎 Maximum Online Exposure

Your listing should be everywhere buyers are searching:

✔️ MLS®

✔️ Social media marketing (Instagram, Facebook, YouTube)

✔️ Real estate websites

✔️ Targeted digital ads

The goal? Create buzz and urgency 🔥

🚪 Open Houses & Private Tours

Those first few weeks on the market are CRITICAL. This is when your home gets the most attention. Strong traffic early on can lead to multiple offers and stronger negotiating power.

💡 The truth? The homes that sell for the highest price are the ones that are marketed the hardest — not just listed.

If you’re searching:

🏡 How to sell your home fast

🏡 How to get top dollar for your home

🏡 Best Realtor in Calgary

🏡 Calgary real estate market

Let’s talk strategy and make sure your home stands out from the competition.

📲 Thinking about selling? Send me a message — I’d love to show you what massive marketing really looks like.

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Not All Moving Companies Are Created Equal!

🚚 Not All Moving Companies Are Created Equal 🏠

If you’re buying or selling a home in Calgary, the last thing you need on moving day is damage, delays, or liability issues. And here’s the truth 👇

Just because a mover is cheap doesn’t mean they’re qualified.

If they show up in a rented U-Haul with:

❌ No moving blankets

❌ No dollies

❌ No proper equipment

❌ No uniform or company branding

There’s a good chance they’re also missing something even more important… proper insurance and WCB coverage.

🚨 Why This Matters

✔️ Insurance Protection – Professional moving companies carry cargo insurance and liability insurance to protect your furniture, appliances, and home. Scratched floors? Broken stair rail? Damaged sectional? You want coverage in place.

✔️ WCB (Workers’ Compensation Board) – At minimum, movers should have active WCB coverage. If a worker gets injured on your property and they don’t have it, YOU could potentially be held liable. That’s a risk no homeowner should take.

✔️ Proper Equipment – Dollies, shrink wrap, straps, mattress covers, floor runners, and moving blankets protect your investment. Your home is likely your largest asset — treat it that way.

✔️ Professional Experience – Experienced movers know how to navigate tight stairwells, condo elevators, and detached homes without damaging walls, floors, or furniture.

💡 Pro Tip Before Hiring a Moving Company:

Ask for:

• Proof of insurance

• WCB clearance letter

• Reviews

• A written quote

• Business registration

Whether you’re moving into a condo, townhouse, or detached home in Calgary, don’t let moving day become a nightmare because you tried to save a few hundred dollars.

In real estate, I’ve seen it all — and the cheapest quote often becomes the most expensive mistake. 💸

Need trusted mover recommendations? I’ve built a reliable network to protect my clients from start to finish.

📦 Move smart. Protect your home. Protect yourself.

#CalgaryRealEstate #CalgaryMoving #MovingTips #YYCRealtor #HomeSellingTips #HomeBuyingTips #MovingDay #RealEstateAdvice #WCB #CalgaryHomes

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What does $300k buy you in Calgary?

🏡 What Does $300,000 Buy You in Calgary Right Now? 💰

If you think homeownership in Calgary is out of reach… think again 👀

At the $300,000 price point, there are still amazing opportunities for:

✨ Apartment Condos in great communities

✨ Stylish Townhouses with low condo fees

✨ Renovated units close to transit & amenities

✨ Investment-friendly properties

✨ Perfect starter homes for young couples

This is one of the best entry-level price points in Calgary real estate right now 🔑

For around $300K, you can find:

✔️ 1–3 bedroom layouts

✔️ Updated kitchens & modern finishes

✔️ Underground parking or assigned stalls

✔️ In-suite laundry

✔️ Balconies with city or mountain views

✔️ Access to gyms & amenities in select buildings

💡 Why $300,000 is a Smart Move:

  • Lower down payment compared to detached homes

  • More affordable monthly payments

  • Easier to qualify for a mortgage

  • Great way to build equity instead of paying rent

  • Ideal for first-time home buyers in Calgary

📍 Popular Calgary areas in this range often include the North East, South East, and parts of the North West — close to schools, shopping, LRT, and major routes.

If you’re a young couple starting out, a single professional, or looking to downsize — this price point gives you options without stretching your budget.

🏠 Calgary Real Estate is still one of the most affordable major markets in Canada — and $300K can open the door to homeownership.

Curious what’s available right now?

DM me “300K” and I’ll send you current listings that match your lifestyle 👇

#CalgaryRealEstate #CalgaryHomes #YYCRealEstate #FirstTimeHomeBuyer #CalgaryCondos #CalgaryTownhomes #YYCHomes #CalgaryLiving #InvestInCalgary #StarterHome

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Building a new home? Don’t skip the inspection

🚨 Buying a Brand-New Home in Calgary? Don’t Skip the Home Inspection! 🏡🔍

Whether you’re buying a new construction home, condo, or townhouse, it might look perfect… but that doesn’t mean it is.

One of the biggest mistakes buyers make is assuming “it’s brand new, so nothing can be wrong.”

⚠️ The truth? Builders and contractors are human. Mistakes happen. And those mistakes can cost you thousands of dollars if they’re not caught early.

Here’s why a new home inspection is absolutely essential 👇

🔎 1. Construction Errors Are Common

Even reputable builders can miss things—improper wiring, plumbing leaks, grading issues, insulation gaps, or incomplete finishing details. A licensed home inspector works for you, not the builder.

🏗️ 2. Municipal Inspections Aren’t Enough

City inspections ensure basic code compliance—but they are not detailed, buyer-focused inspections. A private home inspection goes much deeper.

💧 3. Foundation & Drainage Issues

Improper grading around a new home can lead to water pooling and future basement leaks. Catching this early can prevent major water damage 

🔥 4. HVAC, Electrical & Plumbing Deficiencies

Loose connections, venting problems, reversed wiring, or poorly installed appliances can create safety risks and costly repairs.

📋 5. Warranty Protection

In Alberta, new homes come with warranty coverage. A thorough inspection helps document issues before your warranty periods expire—so the builder is responsible, not you.

🏢 New Condo Buyers – This Applies to You Too!

Don’t assume a brand-new condo unit is flawless. Inspectors often find:

• Poor caulking in bathrooms

• Window seal issues

• Balcony drainage concerns

• Incomplete finishes

💰 Spending a few hundred dollars now can save you thousands later.

If you’re buying a new home in Calgary or surrounding areas, make sure you:

✔️ Schedule your home inspection immediately after possession

✔️ Attend the inspection if possible

✔️ Review and submit deficiencies to the builder promptly

A new build doesn’t mean a perfect build.

Thinking about buying new construction? I’ve got trusted inspectors, builders, lawyers, and mortgage brokers ready to help — a true one-stop shop for your real estate needs.

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What day of the week should you list your home?

🏡✨ Want to sell your home faster — and for top dollar? List it on a THURSDAY. 👀💰

Yep — the stats don’t lie! 📊 Homes that hit the market right before the weekend get the best timing + maximum exposure when buyers are actively scrolling, booking showings, and emotionally ready to make moves.

🔥 More eyes

🔥 More showings

🔥 More competition

🔥 Better offers

This isn’t just theory — it’s a proven strategy I’ve practiced successfully for years. Strategic timing matters just as much as pricing and presentation.

If you’re thinking of selling in Calgary, let’s line up your launch for maximum impact. 🚀

Your home deserves the strongest first impression!

📩 Message me for a free home value + personalized selling strategy.

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What to Look for When House Hunting in the Snow!

A Calgary Buyer’s Guide to Spotting Hidden Issues in Winter

House hunting in winter can be beautiful — fresh snow, cozy interiors, and quiet streets. But Calgary buyers also need to be smart: snow can hide issues that you’d easily spot in the spring.

Here’s how to make sure you’re seeing the full picture when shopping for a home in the snow

🌨️ 1.Snow Can Hide Exterior Problems — Look Closely

Snow looks pretty, but it can cover trouble. As you walk around the property, keep an eye out for:

✔️Roof Condition

Shingles, flashing, and damage are harder to see once everything is white.

Tip: Look for uneven snow melt. Areas that melt faster could signal heat loss, poor insulation, or a ventilation issue in the attic.

✔️Grading & Drainage

Snow can hide the slope around the home. Proper grading should angle away from the foundation.

Tip: If you see ice buildup near the house or pooling water during a warm day, it could mean poor drainage — a red flag for future water problems.

✔️Exterior Wear and Tear

Cracks in stucco or siding, damaged window trim, or worn caulking may be hidden.

Tip: Run your hand along window frames inside and out. If it’s cold or drafty, the sealing likely needs work.

🚪 2.Check Entrances, Steps & Sidewalks

How the current owner maintains their exterior in winter tells you a lot:

  • Are walkways shoveled?

  • Is ice controlled, or is salt piled everywhere?

  • Are handrails sturdy?

These clues show how well they care for the home in tougher conditions.

🔥 3.Evaluate Heating Efficiency

Winter is the best time to test a home’s internal systems.

✔️Furnace Health

Ask the age, service history, and filter type the furnace uses.

If it sounds loud or struggles to warm the home evenly, it may be nearing the end of its life.

✔️Cold Spots or Drafts

Walk room to room. Drafts near windows or uneven heat may point to insulation issues — something buyers often miss.

✔️Thermostat Use

If it’s set unusually low or high during your showing, it could be masking heating issues.

💧 4.How to Avoid Frozen Pipes — A Key Winter Checklist

Calgary winters can be harsh, and frozen pipes are a costly problem. Here’s what to look for:

✔️Exposed Pipes

In older homes, look for pipes near exterior walls, under sinks, or in unheated areas. These are the highest risk zones.

✔️Insulation & Heat Tape

Ask whether insulation has been added around vulnerable plumbing.

Modern homes often have better protections — older ones may need upgrades.

✔️Water Flow

Turn on taps throughout the home.

Slow flow in winter can be a sign of pipes starting to freeze.

🏡 5.Watch for Ice Dams & Gutter Issues

Ice dams form when heat escapes from the roof and melts snow, which then refreezes near the edges.

They can cause roof leaks and water damage.

Look for:

  • Thick icicles hanging off gutters

  • Water staining on soffits

  • Uneven ice buildup

These can indicate poor attic insulation or ventilation.

🚗 6.Don’t Forget the Garage

A warm, insulated garage is a major perk in Calgary.

Check:

  • Door seals

  • Insulation

  • Heating (if applicable)

  • Electrical panel capacity (for EV chargers or heaters)

💡 7.Bonus: How a Realtor Helps You Spot What Snow Hides

A trained eye is invaluable in winter. As a Calgary Realtor, I help buyers look past the snow to catch issues early — and negotiate accordingly.

From drainage concerns to furnace age, I make sure you understand exactly what you’re buying.

☕ Final Thoughts

Winter house hunting in Calgary has huge benefits — fewer buyers, motivated sellers, and the chance to truly see how a home performs in cold weather.

Just make sure you know what to look for beneath the snow.

If you want help navigating the winter market (and avoiding costly surprises), I’d be happy to guide you through it.

📞 Reach out anytime — let’s find you a home that’s winter-proof and worry-free.

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🏡 Why Savvy Sellers List in the Winter.

Learn why smart sellers list during the colder months, how the Calgary real estate market changes in winter, and what strategies can help you sell for top dollar — even in the snow.

❄️ Why Listing Your Home in Winter Can Pay Off

When the snow starts to fall in Calgary, many homeowners pause their selling plans — waiting for spring to “heat up” the market.

But here’s what savvy Calgary home sellers know: the winter real estate market can offer real advantages if you know how to work it.

Let’s break down why winter is a great time to sell your home in Calgary and how you can make the most of the season.

🏠 1. Less Competition in the Calgary Real Estate Market

In the winter months, there are fewer Calgary homes for sale, meaning your property stands out more to serious buyers.

With lower inventory and motivated house hunters, your listing can attract more attention — and potentially sell faster.

It’s simple market logic: when supply is low and demand stays steady, sellers benefit.

🔥 2. Winter Buyers in Calgary Are Serious

Anyone shopping for a home during a Calgary winter is highly motivated.

They may be relocating for work, want to close before the new year, or are eager to take advantage of favorable mortgage rates.

These winter home buyers aren’t just browsing listings — they’re ready to act.

As a seller, that means fewer casual showings and a higher chance of receiving serious offers.

🌆 3. Your Calgary Home Can Feel Extra Inviting

A cozy, warm home can be incredibly appealing when it’s snowing outside.

Showcase your home’s best winter features — a gas fireplace, upgraded furnace, heated garage, or great insulation.

Adding small touches like warm lighting, soft textures, and a welcoming entryway can make buyers picture themselves spending future winters there.

💰 4. Fewer Listings = Stronger Offers

With less competition in the Calgary housing market, motivated buyers are more likely to submit solid offers to secure the right home.

While spring might bring more buyers, it also brings more competition — and more price comparisons.

In winter, sellers often experience a better balance between supply and demand, leading to smoother negotiations.

🧣 5. Get Ahead of the Spring Rush

By listing now, you avoid competing with the flood of Calgary homes for sale that typically appear in April and May.

Listing in winter gives you a head start — and if you’re planning to buy next, you’ll also be in a better position before spring prices rise.

☕ Final Thoughts: Selling a Home in Calgary This Winter

Smart sellers know that success in real estate isn’t about waiting for perfect weather — it’s about understanding the market and acting strategically.

With fewer listings, serious buyers, and the right marketing plan, your home can sell beautifully in the Calgary winter real estate market.

📞 Ready to Sell Your Calgary Home This Winter?

If you’re curious what your home is worth or want to know how to position it for a fast sale this season, I’d be happy to help.

Let’s create a custom winter marketing strategy to get your home sold for top value — even when it’s snowing outside.

Contact me today to schedule your free home evaluation and learn why now might be the perfect time to list.

  • Calgary Real Estate Market

  • Selling a Home in Calgary

  • Winter Home Selling Tips

  • Calgary Homes for Sale

  • Real Estate Advice Calgary

  • Home Staging in Winter

  • Calgary Realtor Tips

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Nov 3, 2025

Pace of new listings growth slows, preventing further inventory gains

By CREB®

Inventory levels eased over last month thanks to the combined impact of a monthly pullback in new listings and a monthly pick up in sales. 

With 6,471 units in inventory and 1,885 sales the October months of supply returned to three-and-a-half months after pushing up to four months in September. While both row- and apartment-style properties continue to report elevated supply levels compared to demand, conditions remain relatively balanced for both detached and semi-detached properties. 

Year-to-date sales in the city totaled 20,082, down nearly 16 per cent compared to last year, but still in line with longer-term trends. Much of the decline in sales has been driven by pullbacks for apartment- and row-style homes.   

“Improved rental supply and easing rents have slowed ownership demand for apartment- and row-style homes. It is also these segments of the market that have seen October inventories reach a record high for the month,” said Ann-Marie Lurie, CREB®’s Chief Economist. “Excess supply for apartment- and row-style properties is weighing on prices in those segments more so than any other property type, influencing total residential prices.” 

As of October, the total unadjusted residential benchmark price in Calgary was $568,000, down nearly one per cent compared to last month and over four per cent lower than last year’s levels. The largest price adjustments occurred for row- and apartment-style properties where prices have eased by a respective six and seven per cent compared to last October. 

To read the full stats release on October's housing market for Calgary and surrounding areas, click here.

    

  

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.



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September 2025 Housing Market Update

SEPTEMBER 2025 HOUSING MARKET UPDATE


October 1, 2025

A boost in new listings drives further inventory gains and price adjustments 

The 1,720 sales in September were not high enough to offset the 3,782 new listings coming onto the market, driving further inventory gains as we move into the fall. There were 6,916 units in inventory in September, 36 per cent higher than last year and over 17 per cent higher than levels traditionally reported in September. Both row and apartment style homes have reported the largest boost in supply compared to long-term trends. 

“Supply levels have been rising in the resale, new home and rental markets. The additional supply choice is coming at a time when demand is slowing, mostly due to slower population growth and persistent uncertainty. Resale markets have more competition from new homes and additional supply in the rental market, reducing the sense of urgency amongst potential purchasers. Ultimately, the additional supply choice is weighing on home prices,” said Ann-Marie Lurie, CREB® Chief Economist. 

Supply levels relative to demand typically drive shifts in home prices. In September, the sales to new listings ratio dipped to 45 per cent, and the months of supply pushed up to four months for the first time since early 2020. This is a higher level of supply compared to demand than is typically seen in the Calgary market and, should this persist, we could see a market that shifts more in favour of the buyer. However, conditions do vary by property type, price range and location. 

Inventory gains for apartment style homes over the past several months have contributed to buyer market conditions in this segment, driving year-over-year price adjustments of over six per cent for a total benchmark price of $322,900 in September. While the detached segment has also seen a rise in the months of supply, it has not been as high as the apartment condo sector. At a benchmark price of $749,900, detached home prices are only one per cent lower than last year, with most of the adjustments driven by the North East and North districts.

Detached

Sales in September slowed to 859 units, nine per cent lower than last year and below long-term trends for September. At the same time, new listings rose to 1,905 units, causing the sales to new listings ratio to fall to 45 per cent, levels not seen since 2018. While there has been an unexpected shift in September, it is too early to tell if this trend will continue as prior to this month the detached market has remained relatively balanced.  

Improved supply choice is causing prices to decline relative to the record highs reported during the spring. As of September, the unadjusted benchmark price was $749,900, down nearly one per cent from both last month and last year. While prices have eased from peak levels across all districts, the largest decline occurred in the North East and East district at over six per cent. Despite recent adjustments on a year-to date basis, prices remain nearly two per cent higher than last year’s levels, with the City Centre reporting the highest gain at over four per cent. 

 

Semi-Detached

New listings rose to 361 units in September, while sales fell to 156 units, causing the sales to new listings ratio to drop to 43 per cent. This also caused a rise in inventory levels and the months of supply pushed up to nearly four months. This is a significant shift compared to last month, where there was less than three months of supply. 

Like the detached sector, it is too early to say if this trend will continue, but so far it has had minimal impact on home prices. As of September, semi-detached price was $684,800, slightly lower than last month and nearly one per cent higher than last year. Year-to-date price growth has been the highest for semi-detached homes at over three per cent, as this segment took longer to shift from a seller's market to one that was more balanced. Most of the price growth was driven by gains reported in the City Centre. 

 

Row

Following a pullback last month, new listings posted modest monthly gains. The 592 new listings were met with 304 sales, causing the sales to new listings ratio to fall to 51 per cent. This is not as low as the other property types and at these levels it was enough to prevent any further monthly gain in the already elevated inventory levels. September inventory levels were 1,099 units, the highest September level reported since 2018, and 30 per cent higher than longer-term trends for the month. The largest gains in inventory occurred in the North East district, which also reported the highest months of supply and price decline compared to last year. 

More supply choice has impacted resale prices, with the unadjusted benchmark price being $437,100. This is down less than one per cent over last month and nearly five per cent lower than last year’s prices. Year-to-date price adjustments have been much smaller at one per cent, as declines in the North East, North and South East districts offset the gains reported in other parts of the city. 


Apartment Condominium

The most significant adjustment in the market occurred in the apartment condominium sector as improving rental supply, delayed adjustments in interest rates and improved selection for other property types has slowed apartment style demand from both first-time buyers and investors. September reported 401 sales and 924 new listings, dropping the sales to new listings ratio to 43 per cent and causing inventory to rise to 1,999 units. 

The rise in supply caused the months of supply to push up to five months, the first time it has done that since 2021. As elevated levels of supply have persisted since June, prices have been trending down. As of September, the benchmark price was $322,900, down over one per cent compared to last month and over six per cent compared to last year. The year-to-date price adjustment has been just over one per cent. Condo prices have slid across all districts compared to last September. The largest decline occurred in the North East district at over ten per cent, while the smallest decline occurred in the City Centre at five per cent. 




REGIONAL MARKET FACTS


Airdrie

New listings reached a September record high with 295 units. The gains in new listings were met with a pullback in sales causing the sales to new listings ratio to fall to 45 per cent and inventory rose to 571 units. While inventories have been generally trending up throughout this year, this is the first time that the months of supply pushed above four months since 2020. The improved options weighed on home prices, which continued to trend down this month. In September, the unadjusted benchmark price was $526,000, down one per cent compared to last month and nearly five per cent lower than last year's levels. Despite recent adjustments year-to-date prices declined by just over one per cent, not enough to offset last year's annual growth of eight per cent. 
 

Cochrane

New listings in Cochrane also hit a September record high with 148 units. While sales are similar to last year's levels at 62 units, the boost in new listings did cause the sales to new listings ratio to drop to 42 per cent this month. This led to further inventory gains and the months of supply pushed above five months. Improved supply levels also took more pressure off home prices this month. In September, the unadjusted benchmark price was $584,300, down by nearly one per cent compared to last month, but still one per cent higher than last year's levels. Much of the supply adjustment has only recently occurred in the Cochrane market and the year-to-date benchmark price remains nearly four per cent higher than last year. 
 

Okotoks

Okotoks was one of the few larger areas that did not see a lift in new listings in September. The 69 new listings were down compared to levels reported last year, and with 51 sales this month, the sales to new listings ratio remained elevated at 74 per cent. While inventory levels were only slightly higher than last month, the months of supply has remained relatively low at two and a half months. Despite the relatively tight conditions, prices continued to adjust in the market. This in part can be related to the competition from new properties, impacting resale prices. As of September, the total residential benchmark price was $613,900, down by over one per cent compared to last month and nearly three per cent lower than last September. Despite the adjustment, on a year-to-date basis, prices were still one and a half per cent higher than last year. 

 

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

 
For more information, please contact: 

Economic Analysis
Email: stats@creb.ca
Phone: 403-263-0530
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Bank Of Canada Lowers Interest Rates ¼ point

Bank of Canada Lowers Interest Rates to 2.5% – What This Means for Homebuyers and Homeowners

Wednesday, September 17, 2025 – The Bank of Canada just announced a 0.25% rate cut, bringing the key interest rate down to 2.5%. This is exciting news for Canadians who are thinking about buying a home, refinancing, or renewing their mortgage. Lower rates mean lower borrowing costs, which can put more money back in your pocket each month.

Why This Rate Cut Matters

When the Bank of Canada lowers interest rates, it makes mortgages more affordable. For homebuyers, this means:

  • Lower monthly payments on new mortgages.

  • Improved affordability, making it easier to qualify for a home loan.

  • A potential boost in homebuyer confidence, with more families entering the housing market.

For homeowners who already have a mortgage, this may be a great time to:

  • Refinance to take advantage of lower rates.

  • Pay down debt faster with reduced interest costs.

  • Renew early if your lender allows, locking in a lower rate for years to come.

More Rate Cuts May Be Coming

The Bank of Canada also hinted at possible future reductions in the coming months. If that happens, borrowing could become even more affordable, giving both buyers and sellers fresh opportunities in the housing market.

What This Means for Calgary’s Real Estate Market

For Calgary homebuyers, this rate cut couldn’t come at a better time. With plenty of homes on the market and borrowing costs coming down, now may be the perfect opportunity to explore your options. Whether you’re a first-time buyer, moving up to your dream home, or investing in real estate, today’s announcement opens the door to more possibilities.

Final Thoughts

This is fantastic news for anyone looking to refinance or purchase a home. Lower interest rates create an ideal environment to make a move in real estate. If you’ve been on the fence about buying, today’s announcement from the Bank of Canada might just be the push you need.

📞 Ready to take advantage of lower rates? Contact me today to talk about your home buying or refinancing options in Calgary.

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August 2025 Housing Market Update

Price declines mostly driven by higher density home types

 

AUGUST 2025 HOUSING MARKET UPDATE


September 2, 2025

 

Price declines mostly driven by higher density home types

 

Improving supply choice has changed the dynamics of the Calgary market driving price declines over the past several months. Higher price adjustments are occurring for apartment and row style properties while detached and semi-detached properties have reported modest declines. As of August, the unadjusted total residential benchmark price was $577,200, down over last month and nearly four per cent lower than levels reported last year.

“Perspective is needed when it comes to price adjustments. The most significant price adjustments are occurring for row and apartment style homes as they are also the product type that are facing the largest gains in supply choice,” said Ann-Marie Lurie, Chief Economist at CREB®. “Meanwhile price adjustments in the detached and semi-detached markets range from modest price growth in some areas to larger price declines in areas with large supply growth. Overall, recent price adjustments have not offset all the gains that have occurred over the past several years.”

August reported 1,989 sales, nearly nine per cent lower than last year. Sales have slowed compared to the high levels reported over the past four years. However, activity is still above long-term trends, reflecting relatively strong demand. What has changed is the supply situation. New listings remain elevated, keeping the sales-to-new-listings ratio below 60 per cent and pushing inventory to 6,661, the highest August amount since 2019. 

More inventory choice coupled with lower sales has caused the months of supply to rise to 3.4 months in August, much higher than the sellers' market conditions reported over the previous four years, but still well below the buyer market conditions observed prior to the pandemic. While the market is much more balanced compared to last year, there is significant variation depending on property type, price range and location.   

 

 

Detached

Detached home sales eased to 995 units in August, while new listings rose to 1,748 units, keeping the sales-to-new listings ratio below 60 per cent. This prevented any significant shift in inventory, as the 3,051 units were the highest levels reported in August since 2020. Higher inventory levels and easing supply have helped balance out the detached market. However, districts like the North East, North and East are experiencing buyer market conditions.   
  
The unadjusted benchmark price in August was $755,600 down by nearly one per cent over last month and last year's levels. While prices have eased there is significant variation depending on location. Compared to last year, prices reported the largest decline in the North East and East district at five per cent, while prices in the city centre were over two per cent higher. As many of the adjustments have occurred over the past few months, year-to-date Calgary prices remain two per cent higher than last year.
 

Semi-Detached

August sales improved over last year’s levels, but it was not enough to offset earlier pullbacks with year-to-date sales of 1,557—eight per cent lower than last year—but higher than long-term trends. At the same time, new listings slowed compared to sales pushing the sales-to-new listings ratio up to 67 per cent and preventing any further monthly inventory gains. Inventory gains have not been as high for this product type, and the months of supply remained below three months in August. This is one of the reasons that the prices have not seen the same adjustment.
 
In August the unadjusted benchmark price was $687,200 down over last month, but nearly one per cent higher than last year, and nearly four per cent higher on a year-to-date basis. Price growth has varied across the city, with the largest year-over-year gains occurring in city centre. Meanwhile the largest declines have occurred in the North East, East and North districts.
 

Row

Sales in August slowed, contributing to the year-to-date decline of nearly 16 per cent. While new listings did ease in August compared to last year and last month, they have generally been on the rise pushing up inventory levels. In August, there were 1,103 units in inventory, reaching the second highest level on record for August, only slightly lower than the record high in reported in 2018. Due to the relatively strong sales, the months of supply has only pushed slightly above three months, far more balanced than last year, but not as high as the 6.4 months report back in 2018.
 
Nonetheless, additional supply choice has weighed on prices. In August, the unadjusted benchmark price in the city was $439,600, reflecting the fourth consecutive monthly decline and nearly five per cent lower than last August. While prices eased across all districts, price declines exceeded five per cent in the North East, North, South and East districts. These districts generally reported high levels of supply in the resale sector or had significant competition from new home supply.


Apartment Condominium

Sales continue to slow in August contributing to a year-to-date pullback of nearly 30 per cent. While sales are still above long-term trends, they have not been high enough to offset the level of new listings in the market. In August alone there were 877 new listings compared to the 449 sales, keeping the sales-to-new-listings ratio relatively low at 51 per cent. The low ratio that has persisted throughout this year has contributed to the higher inventory levels seen in the market. While August inventory levels did not rise over last month, with 1,979 units available, this is the highest August inventory ever reported.
 
The months of supply for apartment condos have remained around four months since June. The excess supply relative to demand has been weighing on prices. As of August, the unadjusted benchmark price was $326,500, reflecting the fifth consecutive monthly decline and nearly six per cent lower than levels reported last August. Most of the supply is concentrated in the City Centre, which reported a year-over-year decline of five per cent, slightly higher than the rate of decline reported in the West district at three per cent. Meanwhile, the highest price declines occurred in the North East district at over 11 per cent.

 



REGIONAL MARKET FACTS


Airdrie

Easing sales in August contributed the year-to-date decline of 12 per cent for 1,248 sales so far this year. The 152 sales this month was met with 265 new listings, pushing the sales-to-new listings ratio up to 57 per cent and preventing any further monthly inventory gains. As of August, there was 535 units in inventory, above long-term trends and the highest levels reported since before the pandemic. The rise in supply has helped shift the market to more balanced conditions. However, with more supply options in both the new home, resale markets and in competing locations, there has been some downward pressure on prices in Airdrie. In August, the unadjusted total residential benchmark price was $531,100, down over last month and four per cent lower than levels reported last August.

 

Cochrane

The 70 sales this month were met with 139 new listings causing the sales-to-new listings ratio to fall to 50 per cent, the lowest ratio reported for August since 2015. The pullback in sales compared to new listings prevented any significant shift in inventory levels, pushed the months of supply up above four months. Despite the shift this month, prices in Cochrane remained relatively stable in August, with the unadjusted benchmark price sitting at $589,100, similar to last month and nearly two per cent higher than last year. On a year-to-date basis prices are four per cent higher than the previous year.

 

Okotoks

New listings in August reported a significant pullback relative to sales and the sales-to-new-listings ratio pushed up to 80 per cent. While sales have generally remained in line with long-term trends, new listings have not had the same increase that other areas have reported, preventing significant gains in inventory levels. As of August, there was 116 units in inventory, a 29 per cent gain over last year, but still 30 per cent lower than levels traditionally seen in August. Despite tighter conditions, prices have reported some monthly declines. However, year-to-date benchmark prices remained two per cent higher than last year’s levels, with gains reported across each property type.
 

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

 

For more information, please contact: 

Economic Analysis
Email: stats@creb.ca
Phone: 403-263-0530

 

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Why it’s so important to stage your home before listing!

The Importance of Staging Your Home Before Listing

When it comes to selling your home, first impressions matter. In today’s real estate market—where buyers have plenty of listings to choose from—staging your home can be the difference between getting a quick, top-dollar offer and sitting on the market for weeks.

Why Staging Matters

Staging is more than just tidying up; it’s about presenting your home in the best possible light. Professional stagers know how to highlight your home’s strengths and minimize any weaknesses. Even small improvements—like a fresh coat of paint, updated lighting, or carefully chosen furniture placement—can transform the way buyers see your property.

In fact, a staged home can net you thousands of dollars more compared to a non-staged home. Buyers are willing to pay a premium when they can envision themselves living in the space.

Simple Staging Improvements That Work

You don’t always need a complete overhaul to make a big impact. Here are some quick and effective staging tips:

  • Neutral paint colors: Soft, modern tones make spaces feel larger and appeal to a wide range of buyers.

  • Furniture placement: Arranging furniture strategically helps rooms feel open, functional, and inviting.

  • Wall décor & art: Simple, tasteful artwork adds warmth without overwhelming the space.

  • Lighting upgrades: Bright, well-lit spaces instantly feel more welcoming.

  • Decluttering & depersonalizing: Removing excess items allows buyers to focus on the home, not your belongings.

Staging in a Competitive Market

When inventory is high and buyers have many options, staged homes stand out. A well-staged home photographs beautifully, attracting more clicks online, more showings, and ultimately stronger offers. It’s one of the smartest investments you can make before listing.

Final Thoughts

If you’re preparing to sell, don’t underestimate the power of staging. A few small improvements can make your home more appealing, shorten your time on market, and put more money in your pocket.

📞 Ready to list your home? Let’s connect—I’d be happy to walk you through staging strategies that can help you sell faster and for more.

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Looking for extra income when buying a home? Consider buying a home with a revenue generating suite.

If you’re buying a home in Calgary, adding “secondary suite” or “income suite” to your must-have list could be one of the smartest moves you make. A home with a legal basement suite or separate rental unit can provide steady income, boost your property value, and give you financial flexibility—both now and in the future.

Here’s why buying a Calgary home with a rental suite is such a great idea:


1. Rental Income to Offset Your Mortgage

In Calgary’s current real estate market, a well-located legal suite can bring in $1,200 to $1,800+ per month in rental income. That extra cash can:

  • Cover a significant portion of your mortgage payment

  • Make it easier to qualify for financing

  • Help you pay down your mortgage faster

With mortgage rates and housing costs on the rise, having a built-in revenue stream can make homeownership more affordable.


2. Increased Property Value

Homes with legal suites in Calgary often command higher resale prices. Buyers love the idea of generating extra income or having private space for family. If you ever decide to sell, your property could attract more interest and higher offers.


3. Flexible Living Arrangements

A secondary suite isn’t just for renters—it can also be the perfect space for:

  • Aging parents who want to live nearby but independently

  • Adult children saving for their first home

  • Guests who appreciate their own kitchen, bathroom, and entrance


4. Potential Tax Advantages

When you rent out a legal suite, you may be able to claim certain expenses against your rental income, including a portion of utilities, maintenance, and property taxes. Talk to your accountant to understand how to maximize these benefits while staying compliant.


5. Financial Security in an Uncertain Market

Whether it’s rising interest rates, job changes, or unexpected expenses, life can be unpredictable. Owning a home with a suite in Calgary gives you peace of mind knowing you have a consistent source of extra income.


💡 Pro Tip: Calgary requires secondary suites to meet specific safety, zoning, and building code requirements. Buying a legal suite ensures you can rent it out without headaches and keeps you compliant with city regulations.


Final Word

Buying a home with a suite in Calgary isn’t just about extra space—it’s a smart investment that can pay off for years to come. With the right property, you can enjoy more financial freedom, increase your home’s value, and have flexible living options for your family.

Looking for Calgary homes for sale with income suites? I can help you find the perfect property that fits your budget, lifestyle, and revenue goals.

📞 Contact Terry Edwardson today to start your search!

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July 2025 Housing Market Update

JULY 2025 HOUSING MARKET UPDATE


August 1, 2025

 

Supply growth weighs on home prices 

 

Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth. 
 
The additional supply has weighed on home prices in some parts of the city. The total residential benchmark price in Calgary has trended down over the past several months and is currently four per cent below last year’s peak price reported in June 2024. 
 
“Price declines are not occurring across all property types in all locations of the city, and even where there have been declines, it has not erased all the gains made over the past several years,” said Ann-Marie Lurie, Chief Economist at CREB®. “The steepest price declines have occurred for apartment and row style homes, mostly in the North East and North districts, which coincides with significant gains in new supply.” 
 
The rise in supply occurred as sales continued to slow and new listings improved. In July, there were 2,099 sales, a 12 per cent decline over last year, while new listings reached 3,911 units, an over eight per cent increase over last year. In addition to the persistent economic uncertainty due to tariffs, sales and new listings were impacted by no further reductions in lending rates and added competition from the new home market. Apartment-style homes are reporting the highest months of supply with over four months, while both detached and semi-detached homes are seeing conditions remain relatively balanced at just three months of supply.  

Detached

For the first time since 2020, the months of supply for detached homes rose to three months. Sales activity slowed to 1,031 units in July, while the number of new listings, despite being slower than last month, was still nearly 10 per cent higher than last year’s levels and above long-term trends. The wider gap between sales and new listings led to a significant adjustment in inventory levels and, with slower sales, the months of supply rose to three months.

However, conditions did vary significantly depending on location. In the North West, West and South districts, the months of supply remained well below three months, whereas the North East reported the highest months of supply at over four months. 
 
A shift to balanced conditions has taken much of the pressure off home prices. As of July, the detached benchmark price was $761,800, down less than one per cent over last year. However, there was a significant range of price adjustments. Both the North East and East districts have reported the largest decline in price at five per cent, though prices still rose in the City Centre by nearly two per cent. 

Semi-Detached

Sales activity in July continued to slow, contributing to the year-to-date decline of 11 per cent. At the same time, new listings have generally been higher this year compared to last year, supporting inventory gains. With 549 units in inventory and 187 sales, the months of supply in July rose to three months, something that has not happened since 2021. 
 
Although supply is improving in relation to sales, prices have remained relatively stable. As of July, the benchmark price in the city was $697,500, one per cent higher than last July. Price growth did range throughout each district, with the highest gains occurring in the City Centre, with nearly three per cent growth. Meanwhile, prices declined over last year in the North East, East and North districts.

Row

Like other styles of homes, sales have eased compared to last year, with new listings and inventories rising over last July. The months of supply in July was similar to last month at over three months, with a range of under three months of supply in the City Centre, North West , South and South East, to nearly five months of supply in the North East district.
 
Row prices have generally been trending down over the past three months, and while they are nearly four per cent lower than last year at this time, on a year-to-date basis they have remained similar to last year. When considering activity by district, year-to-date price declines have been reported in the North East and North, while prices have risen in all other districts.
 

Apartment Condominium

There were 1,014 new listings in July relative to 508 sales, keeping the sales-to-new listings ratio at 50 per cent and inventory levels elevated at 2,097 units. Higher inventories and slower sales caused the months of supply to push above four months in July, the highest it has been since 2021. Added competition for new product combined with rising rental vacancy rates has impacted the resale condominium market.
 
The additional supply choice is having a more significant impact on apartment style prices over any other property type. In July, the benchmark price was $329,600, which is down over one per cent compared to last month and nearly five per cent lower than levels reported last year. However, when considering year-to-date figures, prices have remained stable compared to last year as gains in the West, South and North West have offset declines occurring in the North East, North, South East and East districts.

 



REGIONAL MARKET FACTS


Airdrie

Due to declines in both row and apartment sales, July sales slowed by 14 per cent compared to last July, contributing to the year-to-date decline of 12 per cent. While sales have slowed, activity remains higher than levels reported prior to 2021. What has changed is the significant improvement in new listings, resulting in inventory gains. As of July, inventory levels rose to 543 units, the highest July reported since the peak in 2018. The higher inventory levels kept the months of supply above three months in July, placing some downward pressure on home prices. In July, the benchmark price was $532,800, nearly four per cent lower than levels reported last year at this time. However, last year’s gains were exceptionally high earlier in the year, and on a year-to-date basis prices are only slightly lower than last year.

Cochrane

Unlike other areas, Cochrane has not seen the same level of pullback in sales compared to long-term trends. While July sales were down by seven per cent, year-to-date sales are two per cent lower than last year and 23 per cent higher than long-term trends. New listings in July did reach a record high for the month, causing inventories to push to the highest level reported for the month since 2019 and causing the months of supply to rise above three months. While this likely contributed to some of the monthly decline in price, unlike other areas the July benchmark price of $590,000 was over two per cent higher than last year, and four per cent higher on a year-to-date basis.

Okotoks

This market continues to exhibit tighter market conditions than both Airdrie and Cochrane with a sales-to-new-listings ratio of 71 per cent and months of supply at just over two months. This is a significant improvement compared to the previous four years, where the months of supply in July was just over one month. In July, the benchmark price in the area was $628,500, slightly lower than last month, but higher than last year’s level. Despite some monthly fluctuations, year-to-date prices are over two per cent higher than last year.
 

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

 

For more information, please contact: 

Economic Analysis
Email: stats@creb.ca
Phone: 403-263-0530

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June 2025 Housing Market Update

Gains in resale supply mostly impact apartment and row style home prices

 

Inventory levels in June continued to rise, both over last month’s and last year’s levels. By the end of the month, inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth. While sales have remained consistent with long-term trends despite a decline from recent months, higher levels of new listings compared to sales have contributed to the inventory gain.

All property types have reported gains in inventory, but both row and apartment style homes reported inventory levels over 30 per cent higher than long-term trends, while supply for detached and semi-detached units are only slightly higher than typical levels.

“Supply has improved across rental, resale and new home markets, allowing for more choice for those considering their housing options,” said Ann-Marie Lurie, Chief Economist at CREB®. “The additional choice combined with no further declines in lending rates, persistent uncertainty and concerns of price adjustments is keeping many potential purchasers on the sidelines. This is weighing on home prices, especially for apartment and row style homes.”

The unadjusted benchmark price was $586,200 in June, lower than last month and over three per cent lower than last year. Much of the citywide decline was driven by apartment and row style homes, which are over three per cent lower than last year. Meanwhile, detached prices have remained relatively stable and semi-detached homes are still slightly higher than last year.

The steeper price declines for apartment and row style homes are reflective of those segments shifting toward a market that favours the buyer with nearly four months of supply. Meanwhile conditions are relatively balanced for detached and semi-detached homes. Overall conditions in Calgary have changed, but not enough to erase the significant growth in prices that have occurred over the past four years.
 

 

Detached

Sales in June were 1,194 units, six per cent lower than both last year and last month's activity. Sales activity did vary depending on location and price range, with declines in resale sales mostly for higher priced homes that likely face more competition from new homes. On a location basis, the steepest declines in sales occurred in the City Centre and the North East at over 20 per cent, while year-over-year gains were reported in the West, and South East districts. 
 
While sales did vary, inventories and new listings improved across most price ranges and districts in the city. However, it is only the North East district that is experiencing conditions that favour the buyer, causing prices to decline by four per cent compared to last June. As of June, the unadjusted benchmark price in Calgary was $764,300, less than one per cent lower than both last month and last year’s price.

Semi-Detached

Sales activity continued to slow this month, contributing to the year-to-date decline of nearly 12 per cent. At the same time new listings have generally been rising compared to last year, supporting inventory gains and a shift to balanced conditions. As of June, the months of supply was 2.6 months, a significant improvement over the tight conditions reported last year.
 
Additional supply choice has slowed the pace of price growth for semi-detached homes. As of June, the benchmark price in the city was $696,400, similar to last month, and over one per cent higher than last June. Price movements did range by district, as homes in the City Centre are over three per cent higher than last year and at record high levels, while prices in the North, North East, and East districts are all over two per cent lower than last year and three per cent lower than last year’s peak price.

Row

New listings continue to rise relative to the number of sales in the market, as the sales-to-new listings ratio in June dropped to 50 percent. This contributed to further inventory gains with 1,167 units available at the end of the month. While sales are still higher than long-term trends, the recent gains in inventory levels have caused the months of supply to push above three months. Within the city, conditions range with nearly six months of supply in the North East and two and a half months of supply in the North West.
 
Higher supply levels relative to demand are weighing on prices which, at a June benchmark price of $450,300, are down over last month and three per cent lower than last year’s levels. However, as the level of oversupply does range across the districts, so too do the price movements. The City Centre has seen the most stability in prices this month and is only one per cent below last year’s peak. Meanwhile, the North East is reporting year-over-year price declines of nearly six per cent.
 

Apartment Condominium

June new listings and sales both eased over last month’s and last year’s levels. However, with 1,024 new listings and 532 sales, inventories continued to rise and the months of supply pushed up to nearly four months. Slower international migration numbers are weighing on housing demand just as supply levels are rising, which is having a larger impact on apartment style homes.
 
The rising supply choice, both in new and resale markets, has caused resale prices to trend down again this month, leaving June’s benchmark price of $333,500 over three per cent lower than last year’s levels. While prices have eased across all districts in the city, the largest year-over-year declines are occurring in the North East, North and South East districts.
 



REGIONAL MARKET FACTS


Airdrie

Thanks to a sharp decline in detached activity, sales in June fell to 164 units. The pullback in sales was met with 324 new listings, causing the sales-to-new listings ratio to drop to 51 per cent, the lowest ratio reported in June since 2018. The wider spread between sales and new listings drove further inventory gains and for the first time since 2020 the months of supply was above three months. The additional supply choice has weighed on resale prices, which have trended down for the second consecutive month. In June the benchmark price was $538,300, nearly three per cent lower than levels seen last year at this time.

Cochrane

Gains for detached and semi-detached sales were offset by pullbacks for row and apartment units, as June sales remained relatively unchanged over last year. The 101 sales in June were met with 171 new listings and the sales-to-new listings ratio rose to 59 per cent. This slowed the pace of inventory growth, keeping the months of supply just below three months. While conditions are more balanced than they have been, prices in the area continue to rise albeit at a slower pace. As of June, the unadjusted benchmark price was $593,700, nearly one per cent higher than last month and four per cent higher than last June.

Okotoks

While levels are better than last year, both sales and new listings trended down in June, causing the sales-to-new listings ratio to rise to 87 per cent. This prevented any further monthly inventory gains and ensured that the months of supply remained below two months in June. While conditions remain tight in Okotoks, more supply in the broader region has likely prevented stronger price growth in the Town of Okotoks. As of June, the unadjusted benchmark price was $632,800, similar to last month and nearly three per cent higher than last year.
 

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

 

For more information, please contact: 

Economic Analysis
Email: stats@creb.ca
Phone: 403-263-0530

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Should You Buy a Home in Calgary Right Now? Here’s Why the Timing Might Be Perfect

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.


✅ Low Interest Rates = More Buying Power

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.


🏡 More Inventory = More Choice

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.


💰 Home Prices Are Still Attractive

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.


☀️ Move in Over the Summer

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.


So, Is Now the Right Time to Buy a Home in Calgary?

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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May 2025 Housing Market Update

 

MAY 2025 HOUSING MARKET UPDATE


June 2, 2025

 

Price adjustments mostly driven by apartment and row style homes

 

Thanks to steep pullbacks in the apartment condominium sector, total residential sales in Calgary eased by 17 per cent compared to May of last year. While the drop does seem significant, the 2,568 sales this month remain 11 per cent higher than long-term trends for May and improved over last month.

New listings continued to rise this month compared to sales, resulting in further gains in inventory levels. However, the monthly gain in both inventory and sales prevented any significant change in the months of supply compared to April. With 2.6 months of supply, conditions are still relatively balanced. 

“Compared to last year, easing sales and rising inventories are consistent trends across many cities, as uncertainty continues to weigh on housing demand. However, prior to the economic uncertainty, Calgary was dealing with seller market conditions, and the recent pullbacks in sales and inventory have helped shift us toward balanced conditions taking the pressure off prices,” said Ann-Marie Lurie, Chief Economist at CREB®. “This is a different situation from some of the other larger cities, where their housing markets were struggling prior to the addition of economic uncertainty.”    

Last year there was limited inventory across most property types and price ranges. Recent inventory gains are creating pockets of the market that are struggling with too much supply while in other areas supply levels are still low relative to the demand, resulting in divergent trends in home prices.

Both detached and semi-detached home prices have remained relatively stable this month and are still higher than last year’s levels. Meanwhile, row and apartment style homes have reported modest monthly price declines and May prices remain below last year’s levels, as improved new home and rental supply is weighing on resale prices. Overall, the total residential unadjusted benchmark price in Calgary was $589,900, slightly lower than last month and over two per cent below May 2024 levels.   

 

 

Detached

New listings in May rose to 2,419 units, with most of the gains driven by homes priced over $600,000. At the same time, sales activity has slowed across most price ranges, supporting a shift toward more balanced conditions and relative stability in prices. However, districts that are facing more competition from new home product or are seeing a larger pullback in demand are starting to show some signs of elevated supply.

The North East district has seen the largest pullback in resale sales activity combined with some of the highest gains in new listings. This has driven the sales-to-new listings ratio down to 41 per cent and the months of supply was nearly four months in May. This is causing prices to ease in the North East, offsetting some of the gains reported in the City Centre, West, and North West districts. City-wide the unadjusted benchmark price in May was $769,400, similar to last month, one percent higher than last May, and still above last year’s seasonal peak price.  

Semi-Detached

The 428 new listings in May were met with 256 sales, causing the sales-to-new-listings ratio to rise to 60 per cent this month. This slowed the pace of inventory growth and the months of supply remained just above two months.  Semi-detached homes continue to remain less than 10 per cent of all sales and inventory levels in the city.

This in part is due to construction patterns shifting toward more row style properties over semi-detached, and is one of the reasons we do not see the same inventory build as row and apartment style homes. 

Like the detached market there is significant variation within the city districts. The North East has the highest months of supply at nearly three months and is reporting some price declines, while the tightest conditions are in the North West, where prices continue to rise. Overall, generally tighter conditions are still supporting price gains for semi-detached properties. In April the unadjusted benchmark price was $697,300, a monthly gain of less than one per cent, nearly three per cent higher than last year’s levels and above last year’s seasonal peak.

Row

Row home sales have eased over last year’s near record high pace but stayed well above long-term trends.  However, the gain in new listings has continued to cause further inventory gains. For the second month in a row, inventory levels were over 1,000 units; we have not seen this much inventory for row units since 2021.

While inventory levels have improved across all districts, we are starting to see higher months of supply in the North East district at 3.5 months, resulting in some downward pressure on prices. The North, North West and South areas have also reported higher year-over-year pullbacks in resale prices, as improved supply choice for new properties are impacting resale activity. Overall, the benchmark price in May was $453,600, down over last month, nearly two per cent below last May, and lower than last year’s seasonal high.  
 

Apartment Condominium

Sales this month totaled 579 units, a significant decline over last May’s record high of 907 units. While new listings were lower than levels reported last year, they remained high compared to sales, causing the sales-to-new listings ratio to drop to 47% this month. This contributed to further inventory gains and drove the months of supply up to 3.6 months.

High levels of apartment rental units under construction are adding to the rental supply and contributing to rent adjustments. This is likely slowing condo ownership demand coming from existing renters and potential investors, contributing to some of the shifts witnessed in the apartment condominium sector. 

More supply choice is also weighing on condominium prices. In May the benchmark price eased to $335,300, down from last month and over one per cent lower than last year. The steepest declines are occurring in the North East and South East districts, where competition from the new home market is weighing on resale pricing. While prices have eased and are below peak levels, recent declines have not offset the double-digit gains reported over the past two years.

 



REGIONAL MARKET FACTS


Airdrie

While improving over last month, May sales eased compared to last year, contributing to the year-to-date decline of 10 per cent. However, the 772 sales so far this year are consistent with long-term trends in Airdrie. At the same time new listings continue to rise causing the sales-to-new listings ratio to fall to 58 per cent, still well within balanced conditions, but a significant change from the over 90 per cent ratio reported last year. Recent shifts in sales and new listings have supported gains in inventory levels.

In May there were 468 units in inventory, reflecting the highest May reported since prior to the pandemic. The shift in supply is in part related to the surge in new construction providing more options for potential consumers. Additional supply choice is impacting price growth.  The total residential benchmark price was $540,600 in May, down nearly one per cent over last month and nearly two per cent below last year’s levels.

Cochrane

Sales in Cochrane were fairly resilient until this month, where sales were 17 per cent slower than last year. The decline was enough to cause year-to-date sales to ease to levels just below those reported last year.  At the same time, this month new listings surged, driving the sales-to-new listings ratio down to 55 per cent and supporting further inventory gains.  With 293 units available in May, levels are more consistent with long-term trends. The months of supply neared three months in May and while this did slow the pace of price growth, the total residential benchmark price of $589,400 is still nearly four per cent higher than last May.

Okotoks

A boost in new listings this month supported a surge in sales activity. However, with a sales-to-new-listings ratio of 74%, inventory levels did not change much over last month and the months of supply once again dropped below two months. Okotoks has struggled to add supply at the pace reported in Calgary, Cochrane and Airdrie and sales growth has been dampened by limited supply choice.

While there have been some improvements in inventory levels, as of May levels remained nearly 28 per cent below long-term trends for the city.  The limited supply choice given the relatively strong demand has continue to support some price growth in the town. As of May the unadjusted benchmark price was $633,900, up over last month and over two per cent higher than last year. 
 

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

 

For more information, please contact: 

Economic Analysis
Email: stats@creb.ca
Phone: 403-263-0530

 

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Why Young Families Love South Calgary’s Lake Communities | Year-Round Fun & Family Living

Discover why young families are choosing South Calgary’s lake communities like Mahogany and Chaparral — with year-round fun, family events & private lake access.

Why Young Families Love South Calgary’s Lake Communities

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.


🌞 Year-Round Family Fun by the Lake

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!

Summer Highlights:

  • 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!

Winter Activities:

  • 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.


🏘 Top Lake Communities in South Calgary

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.)


👨‍👩‍👧‍👦 Built for Young Families

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.


💡 Is Lake Living Right for Your Family?

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.


🏠 Ready to Explore Homes for Sale in Calgary’s Lake Communities?

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

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Discover the best things to do in Calgary this summer—from the iconic Calgary Stampede to music festivals, night markets, and outdoor adventures. Plan your perfect Calgary getaway!

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.

1. Experience the Calgary Stampede

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

2. Stroll Through the Inglewood Sunfest

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

3. Catch a Show at Shakespeare by the Bow

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

4. Explore Calgary Folk Music Festival

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

5. Wander Through the Calgary Night Markets

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

6. Take in the Views at Calgary Tower or the Peace Bridge

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.


Bonus Tips for Visiting Calgary in Summer:

  • 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!

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Calgary’s Real Estate Market Update- Spring Trends You Need To Know.

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.


🏡 More Inventory = More Choices

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.


📈 Prices Are Holding Strong

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.


💸 Interest Rates: Holding (For Now)

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.


👇 So, What Should You Do?

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

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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.

What is a Condominium?

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.

What is a Condo Association?

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.

What is the difference between owning a Condo and a House?

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.

Why is due diligence so important when buying a Condo?

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:

  • Recent Reserve fund – A well-funded reserve fund can be an important document that shows buyers that the condominium association is in good financial standing.
  • Operating Budget & Financial Statements– These documents show what the condo association is spending the owner’s condo fees on (amenities, contractors, management fees, etc.)
  • Board Meeting Minutes – This will give buyers an insight into whether there are upcoming major repairs in the forecast.
  • Bylaws – This is an important document for buyers to see what the rules and regulations of the property are, regarding pets, parking, and amenity use.
  • Estoppel Certificate – This is a signed statement from the condo association that provides the current condo fees for the unit, the payment schedule of the fees, and whether any contributions are unpaid.
  • Information/Disclosure Statement – This document includes any lawsuits involving the association (including the amount claimed against the association), any judgments or orders that the association is liable for, how much funds are in the reserve fund, the amount of the monthly condo fees for the unit and if there are any structural deficiencies or loans.

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.

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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


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What is a full-service realtor?

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.

Lists Your Home

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.

Taking Pictures

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.

Listing on Realtor.ca

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:

  • Proximity to local attractions or amenities
  • Type of neighborhood
  • What school districts it's near
  • What makes the house stand out

Markets Your Home

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.

Schedules and Holds Open Houses and Walk-throughs

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.

Provides Expert Advice

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.

Negotiates the Sale

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.

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 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.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.