Calgary Real Estate BlogRecently posted or modified blog posts in the category - Real Estatehttps://www.calgaryhousefinder.ca/blog/Copyright CalgaryHouseFinder.ca2023-10-17T06:58:35-07:00tag:calgaryhousefinder.ca,2012-09-20:17993What You Need to Know About House Hacking in Calgary in 2023House hacking has become a popular strategy that allows people to invest in their first home while getting into real estate investing for passive income earlier than they may have thought possible. If you are wondering how to get into the <a href="https://www.calgaryhousefinder.ca/communities/">Calgary real estat</a>e market in 2023 or are looking at <a href="https://www.calgaryhousefinder.ca" target="_blank" rel="noopener">homes for sale in Calgary</a> and waiting for the right opportunity, <a href="https://www.calgaryhousefinder.ca/contact/" target="_blank" rel="noopener">contact us</a> any time. We would love help you reach your goals this year!<img src="https://assets.site-static.com/userfiles/1048/image/What_You_Need_to_Know_About_House_Hacking_in_Calgary_in_.jpg" width="400" height="600" alt="What You Need to Know About House Hacking in Calgary in 2023" title="What You Need to Know About House Hacking in Calgary in 2023" style="margin: 11px; float: right;" />
What is house hacking?
House hacking can be defined in a few different ways, but when we boil it down it's the concept of renting out a part of a property that is owner occupied, usually a duplex or multi-family property. This real estate investment strategy has grown in popularity in recent years as a way to offset the cost of investing and accomplish two goals at once: buying a home to live in and investing in a property that will be an extra stream of income. The simplest <a href="https://sdhouseguys.com/house-hacking-in-california/" target="_blank">explanation of house hacking</a> is something like this: you buy a duplex, live in one unit, and rent out the other.
What are the benefits of house hacking?
There are many reasons a person might decide to try house hacking in Calgary. Here are some of them:
House hacking might allow you to get into the booming Calgary real estate market faster because the rental income will help cover the monthly mortgage payment.
People interested in owning an income property like house hacking because tenants tend to be more likely to pay on time, follow lease agreements, and care for the property when their landlord lives next door.
For some people, house hacking is a stepping stone into bigger real estate goals. After living in one of the units for a time, you may be able to move on to purchase a single family home while holding on to the duplex and then renting out both units.
Will I be able to finance a duplex?
Financing for a duplex may be easier than you think. Many lenders are willing to accept a lower down payment when you are buying a duplex, because of the added security that a rental income contributes. The financing terms for a house hacking scenario might surprise you; talk to a few lenders to find out what you can get approved for.
In many cases, the rental income from one unit will cover a significant portion of the monthly mortgage, making it far <a href="https://www.calgaryhousefinder.ca/property-search/results/?searchtype=2&searchid=478511">easier to afford than a condo</a> or single-family home.
Where can I find duplexes for sale in Calgary?
If you are looking for <a href="https://www.calgaryhousefinder.ca/property-search/results/?searchtype=2&searchid=3216281">duplexes for sale in Calgary</a>, we would love to help you find something that meets your criteria. You will find duplexes in all quadrants of the city, in a wide range of price points. After you talk with your lender and find out what you can spend, we can help you identify the neighborhood that is the best fit for your lifestyle, commute, and goals.
Ready to learn more about <a href="https://www.calgaryhousefinder.ca" target="_blank" rel="noopener">homes for sale in Calgary</a> or begin searching for the right duplex to make house hacking a reality? We can help. <a href="https://www.calgaryhousefinder.ca/contact/" target="_blank" rel="noopener">Contact us</a> any time to get started.2023-05-03T12:05:00-07:002023-05-09T10:04:47-07:00Greg Kennedytag:calgaryhousefinder.ca,2012-09-20:13201How to Make Your Home Your Happy Place<img src="https://assets.site-static.com/userfiles/1048/image/How_to_Make_Your_Home_Your_Happy_Place.jpg" width="900" height="500" alt="How to Make Your Home Your Happy Place" title="How to Make Your Home Your Happy Place" style="margin: 11px;" />
With nearly 40% of Canadians <a href="https://www150.statcan.gc.ca/n1/pub/36-28-0001/2021010/article/00001-eng.htm" target="_blank" rel="noopener">working from home</a>, and more than that finding more reasons than ever to spend more time at home since the pandemic, it makes sense to create a home environment you love.
Keep reading for our tips for making your home your happy place.
Compartmentalize
As you may have realized during time spent working from home, it's easy to be distracted from working or relaxing when you have multi-use spaces. Consider breaking up your home into compartmentalized, focused spaces to maximize the efficiency and enjoyment of it.
Even in a small home, you can designate specific spaces by utilizing some of these tips:
Design a work space, whether it is an entire office, a desk, or an armoire.
Split up a large area with screens or curtains
Select a place for to-do list items that will be a stressor or distraction when you're trying to relax, like mail or laundry piles
Choose one space for all of your home fitness equipment so it is ready when you are
Use of Colour
One of the simplest ways to infuse a dose of happiness into your home is through the use of colour. Select a colour palette that includes some of your favorite shades and decorate with them. Even if you aren't ready to take on a major renovation project because of your time, energy, or budget at the moment, there are simple ways to utilize colour to maximize the enjoyment you get from your home.
Try adding in some of these items in your favorite colour(s):
Throw pillows and blankets
Artwork
Rugs
Removable wallpaper
Curtains
Dishes or glassware
Declutter and Streamline
A common way to minimize how happy you feel in your home is by allowing it to be filled with clutter. Most people find themselves, even if subconsciously, less relaxed and happy in a messy home.
If decluttering your entire home feels daunting, start with a small space. The feeling of accomplishment you will receive from completing that first project will likely translate into motivation to take on a bigger task. A good first decluttering project might be a bathroom cabinet or linen closet.
Consider All Your Senses
We often focus on the visual aspects of design in a home, but remember your other senses are taking in the space and interpreting how much you enjoy it, too. Make sure your home is as happy as can be by incorporating multi-sensory elements, like:
Scented candles
Essential oil diffusers
Plush pillows and throw blankets
Memory foam kitchen and bath mats
Soundproofing
Bluetooth speakers
Focus on the Light
Whether you are consciously aware of how it impacts your mood or not, lighting is one of the most significant design elements in any home. Everyone has their own preferences for brightness and color of lighting, so take the time to determine what your preferences are and update your home accordingly.
Many people enjoy natural light, which can be increased in the home by changing your window coverings, adding a skylight, or trimming trees outside of windows.
Updated lighting fixtures can also be a great way to make your home more well lit and visually appealing. Some people love LED lightbulbs, while others find them to be too bright white. Visit a lighting or hardware store and be mindful of which bulbs and fixtures you are drawn to, and then design a lighting scheme in your home that will make you smile.
To begin looking for a property to turn into your happy place, <a href="https://www.calgaryhousefinder.ca/contact/">contact our office</a> any time. Our team of professionals is ready to help welcome you home in Calgary.2022-04-12T10:22:00-07:002022-04-12T11:26:59-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:12009Calgary Community Profiles: Inglewood, Cranston & MahoganyCalgary, Alberta has many green spaces, great for group activities or a quiet evening stroll. Conveniently located near the Rocky Mountains, weekend getaways are not just possible, they’re a breeze!
Not only that, but Calgary’s downtown area is full of entertainment, shopping, and restaurants that offer a variety of international cuisine. Add in that schools located in the tranquil residential areas encourage communities to come together, it’s clear that Calgary residents are grateful to call this city home.
To help buyers find a home in the city of Calgary, we have provided a snapshot of various popular inner and outer neighbourhoods. These community profiles outline demographic data, including population, schools, local activities, and amenities.
Whether you’re looking for an urban apartment or a forever home in a family-friendly environment, <a href="https://www.calgaryhousefinder.ca/">Calgary House Finder</a> has the information you need.
Neighbourhoods
Offering a scenic view and convenient access to the Bow River, residents cherish their natural spaces. It allows them to enjoy a balanced lifestyle of urban activity and meditated thought as they commune with nature.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/buildings.jpg" width="2250" height="1500" alt="skyscrapers in Calgary" />
Inglewood
Located in SE Calgary, <a href="https://www.calgaryhousefinder.ca/property-search/results/#view_map/">Inglewood</a> is the oldest neighbourhood in the city of Calgary. It was established in 1875 and formerly known as Brewery Flats until 1911 when it was renamed after the homestead of Col. James Walker, the founder of the Calgary Agricultural Society and the first justice of the peace.
Inglewood is a district heavily focused on arts and culture. It has over 200 businesses for residents and tourists alike. It hosts various festivals, including the Sunfest and Bleak MidWinter Film Festival while also offering live music venues. However, it also has Inglewood WIldlands with a bird sanctuary.
According to the <a href="https://www.calgary.ca/csps/cns/social-research-policy-and-resources/community-profiles/inglewood.html">2016 Census</a>, Inglewood has a population of 3,845 residents in private households. The community is made of individuals who speak ENglish and French with other languages:
Spanish
German
Mandarin
Cantonese
Urdu
Hindi
Thai
Inglewood itself has several schooling options:
Colonel Walker School: Public, K-6
Piitoayis Family School: Public, K-6, Indigenuous-Focused Programs
Social School: Entrepreneurial
Fung Loy Kok Institute of Taoism
It takes a minimum of 10 minutes to reach Downtown by car and 15-25 minutes by bus. Residents can take the 1, 101, 302, and 307 bus in the neighbourhood. A hub of eateries and shops are located along 9th Ave. SE and 12th Street SE.
Inglewood is a historically rich and vibrant place to settle down in. Search for <a href="https://www.calgaryhousefinder.ca/property-search/results/#view_map/">Inglewood homes for sale</a> using our map feature.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/1fam.jpg" width="2248" height="1500" alt="family eating in kitchen" />
Cranston
As one of the furthest SE neighbourhoods from the heart of Calgary, Cranston is one of the more tranquil areas, but still has convenient access to essential services. This was a high priority behind the shape of its design when it was founded in 1999-2000, making it one of Calgary’s more contemporary locations for homes.
Cranston had a population of 18,120 in private households, according to the 2016 Census of Canada. Residents can join the Cranston Residents Association where they can participate in a wide range of activities from crafts to sports with members hosting personal events in rooms for rent.
With about eight restaurants, bars, and coffee shops mainly located in Cranston Market, residents can take the 14 or 468 bus within the neighbourhood. Consequently, it’s a car-heavy area. However, it’s close to the Heritage Pointe Golf Club, a hot golf destination since the early 90s.
Cranston offers various schooling options, so parents don’t have to go too far:
Our Lady of the Rosary Catholic School: K-6
Christ the King Catholic School: K-9
Cranston School: K-3
Dr. George Stanley School: Grade 4-9
Whether you want to take part in after-school activities or go for a breathtaking hike to view the Rocky Mountains, there are various playgrounds throughout the area along with the Rotary Park, part of the expansive Fish Creek Provincial Park.
As a close-knit community, there is an abundant amount of support and services, creating a stress-free place to live. Click here to search through some of our <a href="https://www.calgaryhousefinder.ca/houses-for-sale-cranston/">Cranston homes for sale</a>.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/1a-house.jpg" width="2250" height="1500" alt="residential house" />
Mahogany
Lakeside living makes every day special, whether you’re relaxing on your deck or hard at work. The essence of this neighbourhood is idyllic, giving you time to enjoy life away from the hustle and bustle in the city of Calgary.
There are many single-family houses, condos, and retirement condos, all of which benefit from the sparkling 63-acre freshwater lake. It offers two private beaches, a fishing pier, a kids’ splash park, and a private beach club. Families, couples, and seniors can also partake in beach volleyball and rent paddle boards and boats.
The <a href="https://www.calgaryhousefinder.ca/mahogany-homes-for-sale/">Mahogany community</a> had a population of 7,125 in private households, according to the 2016 Census of Canada. Along with English and French, there are other languages, such as:
Spanish
Russian
Tagalog
Punjabi
Korean
There are several daycares in the neighbourhood and the Divine Mercy Catholic School that offers K-6 programs.
Mahogany homes are the envy of other communities because of its environment. As one of the youngest neighbourhoods in the province, Mahogany is still growing.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/1-a-woman.jpg" width="2250" height="1500" alt="person hugging man sitting at desk" />
Alberta Statistics
Statistics Canada released new information as of June 17, 2021. Alberta’s population is now estimated at 4,444,277 since April of this year. It had a year-over-year population growth of 0.62%, which is much higher than that of the nation average of 0.40%. The population is expected to reach 6.4 million by 2046. The increase is expected to be due to:
International Migration (54%)
Natural Increase (31%)
Interprovincial Migration (15%)
Request More Community Profiles
Want to know more about other neighbourhoods in our listings? From North to South, East to West, our real estate agents can help you in your Calgary-wide search for a new home!
We have extensive experience and knowledge of our beloved city of Calgary, Alberta. We can generate reports, arrange for Open Houses, negotiate, and more.
<a href="https://www.calgaryhousefinder.ca/contact/">Contact us</a> today to learn more about our services and listings!
2021-08-16T13:30:00-07:002021-09-15T11:46:14-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:12008Flipping Houses: Calgary House Finder’s Secrets to Successful House Flipping<img src="https://assets.site-static.com/userfiles/1048/image/Secrets_to_Successful_House_Flipping_.jpg" width="1640" height="924" alt="Secrets to Successful House Flipping " title="Secrets to Successful House Flipping " style="margin: 11px;" />
Flipping houses can be a solid way to make money, but it can also be a long road to success.
Long before you make a purchase, you need to be doing research and finding certified professionals with good reputations to complete the project. Property owners need to effectively market the house to attract buyers. All the while, time is ticking and they are paying the holding costs.
If you’re a newbie or recently started flipping houses, Calgary House Finder can assist you so that it won’t be your last flip.
What to Do Before Purchasing a House to Flip
Some homeowners who are good at renovations may think they can make some quick cash by flipping and selling a home. There are many things novice house flippers should know before jumping into a sale.
Get to Know the Real Estate Market
Do research on the comparable sales in the neighbourhood you’re interested in. This will allow you to price your home at a rate that will attract potential buyers and lead to a quick sale. You probably aren’t familiar with the process of getting information on comparable sales, so this is where the Calgary House Finder real estate professionals would come in.
Work with a Real Estate Agent
Knowling the area, a real estate agent can determine the value of your house based on the comparables sales. They are often members of the Canadian Real Estate Association (CREA) and have access to MLS listings, which contain a plethora of important data on properties.
Additionally, you can get to know the agents in the region and find the right one who can market the house as soon as you’ve bought it or when renovations are happening. Time is money in the business of flipping houses.
Speak with Contractors
Before even thinking about doing a real estate transaction, have some contractors view the property you intend to purchase. They can give you estimates on the renovations needed. Remember, it’s best to stay with the same style of the neighbourhood. Flipping houses so that they stand out too much is a good way to lose money and be stuck with the property.
Calculate All of the Costs
You may be familiar with purchasing a property, but when it comes to flipping houses, there are other costs to consider: holding costs. Property holding costs are expenses and costs incurred by the owner, including:
Ownership
Occupation
Use
Management
Maintenance
Taxes
Knowing these costs ahead of time can make all the difference in your flipping success. A good rule of thumb is to estimate the costs for six months.
Assemble a Renovation Crew
You may think it’s a little soon to hire contractors when you haven’t purchased the property to flip. But there’s one thing you need to take into account: interviews! It can be very difficult to find a qualified contractor you trust, which will put you behind schedule and miss a prime seller’s market.
Don’t Be Rash
Flipping houses is not for everyone. Plans don’t always work out, signs of success are not always clearly visible, and profits are not always made. On-the-job training can improve your success, but it doesn’t not guarantee it. If you’ve watched HGTV, you will know that even professionals face unexpected challenges in their renovations and flipping.
Even if you’re not personally doing the renovations, house flipping brings with it a steep learning curve for newbies. Your first flip will take longer than expected because you’re new to the business. However, a mentor can help you get started by becoming your partner and walking you through the steps of house flipping.
Browse our <a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-se/">houses for sale in Calgary SE</a>!
Buying a Property to Flip
If you’re determined to go through with that real estate transaction and have the drive to flip it, there’s more for you to know!
Take It Easy
When you’re searching for a house to flip, curb your enthusiasm and start small. Find smaller than average properties in the neighbourhood and think of it as getting your feet wet. You don’t want to take on more than you can chew. This way, you have a higher chance of making a profit.
While searching for a property to flip, don’t automatically go for an ugly duckling. There are nice modern-looking homes that can also be flipped by updating the interior. Look for properties that have been on the market for under 90 days. Another tip: Buy the ugliest house in a nice neighbourhood - if you can find it!
Walk the Fine Line Between Cheap and Bankrupt
A property may need updating as well as upgrading. From removing the flowery wallpaper from the living to installing granite countertops, know which updates to splurge on and which ones to save money on. Additionally, you have to figure out which upgrades are necessary for attracting buyers, such as a second bathroom or a walk-in closet.
When it comes to interior design, consult a designer who can provide you with modern trends, palettes, and materials.
Add Selling Points to the Property
Additional bathrooms and storage space are major selling points because that’s the big reason why people move: they want more space. So add these aspects to the property, as well as finish the basement. You don't want to give buyers any reason to leave without making an offer.
PRO TIP: Never cut corners in construction. Follow the laws and regulations in your area and get the right permits.
If your property has a yard or a spacious front, buyers want a deck, a patio, a veranda, or something of this nature to entertain guests or for their (growing) family. Add outdoor curb appeal to give the best impression.
Market the Property Early
Bringing buyers while the house is still under construction can help it sell faster. Speak with agents to let them know about your home and that buyers can have a viewing.
Need More Tips? Contact Calgary House Finder!
If you’re looking for real estate ventures, our professionals are at your service. View our <a href="https://www.calgaryhousefinder.ca/">Calgary houses for sale</a> or <a href="https://www.calgaryhousefinder.ca/contact/">contact us</a> directly!2021-08-02T12:59:00-07:002023-01-20T11:17:13-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:11336Will Calgary Real Estate Prices Drop?Forecasts for the Canadian housing market in 2021 and 2022 are divided, as there is still a good deal of uncertainty. The various expectations are based on some of the following questions:
With so many Canadians receiving the COVID-19 vaccine, will Canadians be able to return to the workplace later in 2021?
When will the restrictions for the third wave of COVID- 19 infections end?
How seriously will the COVID-19 variants affect timelines and potential future shutdowns?
With the pandemic and high unemployment rate, will the federal government meet its aggressive immigration targets?
Our real estate professionals constantly monitor the housing market in order to provide you with the latest information.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/gray-wooden-house_1.jpg" width="1077" height="694" alt="gray wooden house" title="gray wooden house" />
Are Housing Prices Going to Drop in Calgary?
While confidence has risen since March 2020, buyers and sellers wonder if a drop in housing prices is in Calgary’s future.
Both RE/MAX and Royal LePage expect there to be a rise in prices while Reuters and Moody’s Analytics <a href="https://www.mortgagesandbox.com/calgary-real-estate-forecast" target="_blank">predict</a> there to be a 10% decrease. But according to <a href="https://www.cbc.ca/news/business/crea-expects-record-home-sales-1.5949859#:~:text=The%20national%20average%20home%20price,just%20over%20%24665%2C000%20in%202021&text=The%20Canadian%20Press)-,The%20Canadian%20Real%20Estate%20Association%20said%20its%20outlook%20suggests%20home,start%20to%20cool%20in%202022." target="_blank">CBC News</a>, the Canadian Real Estate Association (CREA) believes that prices across Canada will remain strong. Additionally, CREA predicts that the housing market will cool once we enter 2022. As it stands now, the national average home price increased 25% since last February, and is now at $678,091.
First-time buyers have been lucky enough with Calgary housing prices, but with the changes to the <a href="https://www.calgaryhousefinder.ca/blog/how-much-is-real-estate-in-calgary-ab-in-2021/">mortgage stress test</a> set for June 1st, the market is expected to stabilize.
Is it a Good Time to Buy a House in Calgary?
As we mentioned in a previous blog post, <a href="https://www.calgaryhousefinder.ca/blog/is-calgary-a-good-place-to-invest-in-real-estate/">Is Calgary a Good Place to Invest in Real Estate?</a>, it’s a seller’s market right now, and if the upward trends continue, it’s a great time to invest! There are many places in Calgary to explore that will meet buyer preferences.
These neighbourhoods are among the top areas to live in this year:
Evanston
Looking for more space and easy access to downtown Calgary? <a href="https://www.calgaryhousefinder.ca/evanston-homes-for-sale/">Evanston homes for sale</a> in Calgary NW are the answer! WIth fresh and modern interiors, these luxury houses offer special benefits, including fireplaces, finished basements, and wide garages. Home prices range from 400-500K.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/white-sectional-coach_1.jpg" width="1189" height="669" alt="white sectional coach" title="white sectional coach" />
Mahogany
<a href="https://www.calgaryhousefinder.ca/mahogany-homes-for-sale/">Homes for sale in Mahogany</a> are in a tranquil lakeside community, full of luxurious detached homes, including laned houses and exclusive collection homes. SE Calgary is a place for quiet but active living with many sport-related amenities nearby. Home prices range from $500-600K.
Auburn Bay
This SE Calgary neighbourhood offers an affluent selection of real estate properties, such as luxury homes, new builds, condos, and townhouses. This lakeside community is near a few schools and offers fishing, picnicking, and other activities. <a href="https://www.calgaryhousefinder.ca/auburn-bay-homes-for-sale/">Houses for sale in Auburn Bay</a> range from $400-500K.
Check for new listings, or contact our Calgary House Finder real estate agents.
Stay Informed with the Latest on the Calgary Real Estate Market
Our real estate professionals can prepare housing market reports, locate your ideal home, and help you close the sale
<a href="https://www.calgaryhousefinder.ca/contact/">Contact us</a> today!2021-05-26T12:12:00-07:002021-10-20T07:29:48-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:11248Is Calgary a Good Place to Invest in Real Estate?<img src="https://assets.site-static.com/userfiles/1048/image/11248-man-sitting-on-bench-in-front-of-calgary-cityscape.jpg" width="450" height="337" alt="invest in canada real estate" style="margin: 11px; float: right;" />
Of the many burning questions clients ask us, one of the most popular is: “How is the Calgary real estate market? Should we invest? When should we invest?”
With the pandemic causing so much uncertainty throughout early 2020, the answer wasn’t necessarily clear. However, because banks and governments have kept interest rates and lending rates low to help protect the economy, many investors and first-time buyers have found that it is the perfect opportunity to take advantage. From an investment property venture to buying or selling a principal residence, now is one of the best times to be in the market..
Read on to learn a little bit more about Calgary House Finder, and how their knowledge of the current market trends and home prices can help you decide whether or not you want to invest in Calgary’s growing economy.
Just north of the border with the United States, Calgary is located in the province of Alberta on the eastern side of Canada. It is Alberta’s largest city and the fourth-largest city in the country.
Record-high oil prices led to a surge in Calgary’s economy in recent years, attracting many immigrants from around the world and adding to the city’s value. However, more recently Calgary’s economy has been in a slump, partially due to the reduction in demand for oil.
Still, the city is continually developing, providing housing and many opportunities for its residents. With the health, education, and business sectors growing, and the real estate market on fire as we wind down into the final stages of the pandemic, more and more high-earning professionals are moving (or returning) to Calgary.
The city isn’t far behind Toronto in having the second-highest concentration of headquarter offices. This means that companies are here to stay. And the city’s landscape keeps residents and visitors healthy and entertained with annual festivals, expansive parks and wetlands, the Bow River, and exploration of the nearby Canadian Rockies.
The city has an appreciable amount of culture, including musical theatres, various museums, restaurants that serve cuisine from around the world, and Canada’s Sports Hall of Fame. So is Calgary a good place to invest in real estate? It sure is!
Our real estate professionals can help you search for <a href="https://www.calgaryhousefinder.ca/">Calgary houses for sale</a>, so come join us!
How is the Calgary Real Estate Market?
Even with COVID-19 still an issue, the market is doing well, and buyer and seller confidence is up. People have come to see that they can still buy and sell property via online and limited in-person contact.
Consequently, sellers who had delayed posting their home’s listing have taken the plunge in 2021 while buyers are taking advantage of low lending rates and improved savings. Case in point: March 2021 saw the <a href="https://calgaryherald.com/business/local-business/calgary-housing-market-sees-best-march-sales-in-over-a-decade">highest number of sales</a> in over a decade.
If you’re a real estate investor or looking to become one, now is the time to stop shopping and start investing. There are many affordable deals available, from rental properties to single-family homes that will pay off later down the road.
Pros and Cons of Making Real Estate Investments Right Now
While the market is pretty good, <a href="https://www.creb.com/-/media/Public/Forecast2021/Q42020ForecastReportFinal.pdf?la=en">the forecast</a> is that there will be some factors that prevent further improvements:
Pro: The long-term need for space due to more individuals working from home may affect demand patterns within the housing market, leading to a potentially stronger sales growth.
Pro: There is potential for a stronger demand growth from <a href="https://www.calgaryhousefinder.ca/buyers/first-time-buyers/">first-time buyers</a> since the market is expectedto experience price declines and lower lending rates.
Con: COVID-19’s presence still causes uncertainty related to the time it will take for the economy to recover and the effects long-term unemployment and business bankruptcies will have.
Con: Alberta’s growing number of mortgage deferrals could affect supply levels in the market.
Calgary House Finder keeps track of <a href="https://www.calgaryhousefinder.ca/blog/how-much-is-real-estate-in-calgary-ab-in-2021/">market trends</a> and investment opportunities, so get in touch with us to determine the right investment property for you.
Is Calgary a Buyers’ or Sellers’ Market?
As of March 2021, the numbers indicate that Calgary is a sellers’ market right now. Whether you’re looking for a rental property or a principal residence, here are the benchmark prices of Calgary’s districts:
North: $398,800
North East: $348,900
North West: $491,500
East: $309,800
City Centre: $498,100
South East: $439,600
South: $422,100
West: $537,200
In the northwest part of the city, consider checking out our <a href="https://www.calgaryhousefinder.ca/evanston-homes-for-sale/">Evanston homes for sale</a>. Of course, you don’t want to be limited to just the Evanston neighborhood, so feel free to jump into the <a href="https://www.calgaryhousefinder.ca/homes-for-sale-calgary-ne/">houses for sale in Calgary NE</a>, or browse the <a href="https://www.calgaryhousefinder.ca/houses-for-sale-calgary-nw/">houses for sale in Calgary NW</a>.
Note: The benchmark price is the price forecasted for a general type of home within a certain area.
For a proper investigation of Alberta real estate investment options, consult our team.
What Clients Should Consider When Looking for Real Estate Investment Properties
Depending on their situation, investors should evaluate a few real estate aspects before diving into an investment like a rental property.
Rent: Perform due diligence on the average rental rates for each region you’re interested in. This rental income should cover things like mortgage payment, property insurance and taxes.
Property Taxes: Investigate the current market value assessments of property taxes. If they’re high, find out why and if it’s worth investing in the long run.
Condo Fees: You want to avoid profit-limiting costs when browsing condominiums, so you need to do a proper investigation. This type of rental property is subject to occupancy fee or “phantom rent.” Buyers pay occupancy fees to the developer prior to the time you take ownership of the investment property.
Employment: COVID-19 has caused a high level of unemployment, so choosing a property that’s in a growing job market means that you’ll have tenants in no time, especially if you’re near educational institutions and new businesses. As mentioned above, Calgary is a prime location for immigrants.
Safety: Renters are more likely to move to safe neighbourhoods, so consult the crime rates for your preferred investment properties.
Schools: If a rental property is in a good neighbourhood with nearby schools, you can attract renters with children.
Location: Right now, location is less important since many can work remotely, but it’s still something to keep in mind since people do want to be close to amenities, such as essential services. Does the neighborhood have a good <a href="https://www.walkscore.com/CA-AB/Calgary">Walk Score</a>? Different areas of the city will determine the type of renter that’s interested in your property.
Make your real estate investment decisions with the help of Calgary House Finder!
Find Your Ideal Investment Property
Calgary, Alberta is one of the Canadian cities to be in right now with its affordable properties and stable rental market.
<a href="https://www.calgaryhousefinder.ca/contact/">Contact us</a> today for more information.2021-05-04T13:33:00-07:002023-01-20T10:45:36-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:11246How Much is Real Estate in Calgary, AB in 2021?<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/jar_of_money_saved_for_buying_a_house.jpg" width="1050" height="700" alt="jar of money saved for buying a house" title="jar of money saved for buying a house" />
People like to know what to expect when it comes to the housing market. Now that everyone knows that buying and selling real estate is still possible with COVID-19, investors can make time to deal with other questions.
Whether you’re stressing over the latest housing news report, market swing, or new banking regulations, our real estate agents keep a close eye on the current Calgary real estate market to answer those burning questions for you.
From selling a vacation property to downsizing to buying your first home, our years of experience will serve you well. Calgary House Finder the listings that match your desired property type, all while offering exceptional customer service.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/beige_and_blue_detached_house.jpg" width="2250" height="1500" alt="beige and blue detached house" title="beige and blue detached house" />
Canadian Real Estate Association Housing Market Updates
Aside from 2020, the Canadian Real Estate Association (CREA) found that the <a href="https://www.crea.ca/housing-market-stats/quarterly-forecasts/">housing demand in Canada</a> had increased due to low-interest rates, international immigration, and an expanding middle-aged millennial group.
Before the pandemic, the market experienced a 14-year low in the number of listings available across Canada, making it a sellers’ market. The pandemic has further increased this trend, especially since location in proximity to the workplace is less of a concern, as more people plan to work remotely after the pandemic subsides.
Is Real Estate a Good Investment in Calgary, AB?
Compared to cities in Western Canada, and especially to cities like Toronto, Calgary prices are eminently reasonable. It’s the fourth-largest city in Canada, offering diverse investment options and listings, with plenty of rentals.
Alberta does not have rent control, so rents can increase in large increments when there’s a supply shortage. Generally, <a href="https://www.calgaryhousefinder.ca/">Calgary homes for sale</a> exist along a wide price range, meaning buyers are sure to find something within their budget that also suits their needs.
It’s essential to keep up to date on the housing market because prices will fluctuate based on many variables, from location to size of the home to amenities.
Home Prices
Whether you’re buying your first home or selling it, one thing you should make sure you’re on top of is the industry’s terminology. For example, the “benchmark price” refers to the predicted sale price of a typical home in a certain area. In contrast, the average price of a property is calculated using the total dollar sales volume and dividing it by the total number of sales.
As of March 2021, here are some prices to give you an idea of what to expect from your desired living space:
The benchmark price increased by 7% and is set at $441,900.
The average price of detached single-family homes is $594,807.
The average price of semi-detached houses is $488,629.
The average price of townhouses is $327,688.
The average price of condos is $260,965.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/couple_and_agent_standing_next_to_Sold_sign.jpg" width="2520" height="1420" alt="couple and agent standing next to "Sold" sign" title="couple and agent standing next to "Sold" sign" />
Looking to become a property owner? There are all kinds of investment properties to choose from and, based on your situation and preferences, Calgary House Finder can determine from which venture you’d most profit from.
Owning a property other than your principal residence can be quite profitable, but it also comes with many fees and maintenance costs. Speaking with the right people will make a world of difference. And guess what? The right people work at <a href="https://www.calgaryhousefinder.ca/">Calgary House Finder</a>!
To learn more about suitable investments in Calgary real estate and across Canada, check out this <a href="https://www.calgaryhousefinder.ca/blog/is-real-estate-a-good-investment-in-canada/">blog post</a> or contact our real estate professionals.
Is it a Good Time to Buy Real Estate in Calgary, AB?
April 2021 has seen a 147% year-over-year (YOY) increase in real estate transactions. However, it’s good to keep in mind that comparing this year to 2020 is not entirely reliable since COVID-19 did strongly affect the market, at least early on.
This year, buyer confidence has soared, and the Calgary real estate market has improved significantly. Here is a breakdown:
Home prices experienced a 13% YOY increase mainly due to larger homes increasing their prices.
Detached houses experienced an 11% YOY increase compared to other property types.
Townhouse properties had a YOY increase of 8%.
Semi-detached houses had a YOY increase of 5%.
Condo apartment prices have seen only a 1% YOY increase.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/couple_holding_Home_sign.jpg" width="2000" height="1500" alt="couple holding "Home" sign" title="couple holding "Home" sign" />
Mortgage Rates: A Change in the Stress Test
Regardless of reliability, the Calgary real estate market is in recovery. The <a href="https://calgaryherald.com/life/homes/new-homes/proposed-mortgage-stress-test-changes-may-only-slightly-dampen-calgarys-real-estate-market">mortgage stress test</a> is set to increase starting June 1st. Uninsured borrowers will face a 50 basis point increase to 5.25% for a five-year mortgage or a 2% increase over the borrowers’ contracted mortgage rate; the higher value will be used.
This increase is expected to cool the now sizzling housing market. While the Office of the Superintendent of Financial Institutions plans on increasing the quantifying threshold for uninsured buyers, they are currently awaiting public feedback about the change, so it’s unclear right now if anything will change regarding insured mortgages.
If the change is applied to insured mortgages as well, it will hurt the demand, but to what extent is unknown. Buyers may have to curb their expectations when looking for a new home, such as looking at a different property type than a single-family home. Since the pandemic, real estate professionals have seen an increased demand for more floor space.
Want more information about real estate prices? Calgary buyers and home sellers are welcome to get in touch with us.
Learn More about the Calgary Real Estate Market
The Calgary House Finder real estate agents can help you find the ideal property. We have listings in many neighbourhoods, such as:
<a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-se/">Houses for sale in Calgary SE</a>
<a href="https://www.calgaryhousefinder.ca/houses-for-sale-cranston/">Cranston homes for sale</a>
<a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-sw/">Houses for sale in Calgary SW</a>
<a href="https://www.calgaryhousefinder.ca/homes-for-sale-copperfield/">Homes for sale In Copperfield</a>
Now is a good time for buying or selling your home, so <a href="https://www.calgaryhousefinder.ca/contact/">contact</a> your go-to real estate professionals today!2021-04-16T13:08:00-07:002021-05-06T11:19:19-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:11244Is Real Estate a Good Investment in Canada?<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/Calgary-cityscape.jpg" width="1350" height="900" alt="Calgary cityscape" title="Calgary cityscape" />
Right now, the Canadian housing market is hot. Property owners are all too aware of the rapid appreciation in the value of their homes. For this reason, investors interested in Canadian real estate need to jump on the train before it leaves the station. After all, the stock market isn’t the only place to make money.
If you want to expand your investment portfolio soon to include real estate, it’s imperative that you browse our <a href="https://www.calgaryhousefinder.ca/">Calgary homes for sale</a> and then <a href="https://www.calgaryhousefinder.ca/contact/">get in touch</a> with us for the kind of personalized service that can help you reap the benefits. Our Calgary House Finder, it’s our mission to help you find a new home or an investment property quickly and easily.
Make the Right Real Estate Investment For You
So far, 2021 is the best year in recent memory for investing in real estate properties in Canada. And while we’re still in a pandemic, homebuyers and real estate investors can find single-family homes with low-interest rates with little difficulty.
Purchasing a principal residence is not just a great investment because home prices are rising. After a few years of living in it, you’ll have time to increase your ROI by making some key improvements to your home, such as renovating the kitchen, re-doing the roof or finishing the basement.
Aside from a principal residence, there are a wide variety of other real estate investments you can make. So whether you’re buying your first home, are interested in land, or want an investment property to build long-term wealth using the rental income provided by your tenants, then Calgary House Finder is for you. Their team of real estate agents have their finger on the pulse of the housing market. Our experts can help you make a sound investment decision.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/house_model_on_table_with_blueprints_and_magnifying_glass.jpg" width="966" height="725" alt="house model on table with blueprints and magnifying glass" title="house model on table with blueprints and magnifying glass" />
What Happens When Making a Real Estate Investment in Canada
When investing in real estate, it’s always a good idea to start with a principal residence. In fact, investing in real estate is considered a vital part of financial planning in Canada. According to the Canadian Revenue Agency (CRA), a taxpayer doesn’t need to pay capital gains taxes on profits earned by selling their <a href="https://www.canada.ca/en/revenue-agency/services/tax/technical-information/income-tax/income-tax-folios-index/series-1-individuals/folio-3-family-unit-issues/income-tax-folio-s1-f3-c2-principal-residence.html">principal residence</a>.
Selling a capital asset, such as property, at a higher value than it had when you purchased it turns the profit into a capital gain. The taxpayer can use this tax exemption to reduce or eliminate other taxable capital gains related to the selling of the principal residence.
If you’ve been looking for a home in Calgary, there are a number of prime neighbourhoods that are totally worth a look. The <a href="https://www.calgaryhousefinder.ca/auburn-bay-homes-for-sale/">houses for sale in Auburn Bay</a> could help you turn a profit, and you could try your luck searching through the various <a href="https://www.calgaryhousefinder.ca/mahogany-homes-for-sale/">houses for sale in Mahogany</a>. And those are just two of the neighborhoods to choose from.
The point is, if you do invest in real estate in Canada, you need to remember that this tax exemption does not apply to all properties, solely for a principal residence. About half of the profit you earn from the sale of any other property will be subject to the capital gains tax.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/modern_white_building.jpg" width="1049" height="701" alt="modern white building" title="modern white building" />
Types of Real Estate Opportunities
There are two types of real estate investments: active and passive. The Calgary House Finder experts have outlined some options that a savvy real estate investor in Canada should consider.
RESIDENTIAL RENTAL INCOME
Real estate investing in Canada also includes the purchase of residential property to rent out. This is a viable investment opportunity where you can earn a monthly income from tenants. This additional cash flow can go towards a variety of expenses, including mortgage payments.
And what’s better, if your residential rental property has a lucrative cash flow, you can use the left-over rental income to hire a property manager, freeing you up to live your life while still building wealth! To invest in Canadian real estate is one way of creating other streams of income, and residential rental properties could be the right move for you.
HOUSE FLIPPING
If you’re an avid watcher of HGTV, you’ve likely seen dozens of house-flipping shows. They make real estate investing in Canada look fun, and can provide you with significant profits when done right. However, this line of business is often filled with surprises and setbacks.
If you’re not familiar with this concept, house flipping consists of someone buying a property—often a house—and renovating it. Sometimes, the property is gutted while, in other instances, only certain rooms get a makeover. All of this work is done to increase the home’s value. Professionals who know what buyers want and how the housing market works can spot properties with significant potential that will increase in value once they have been renovated.
Bear in mind that house flipping is done within a short period, usually in a few months so that the flippers can sell it for a profit. It’s not as straightforward as many think. Opening up the interior of houses can lead to finding many problems that are costly to fix. And you may not be able to sell as quickly as you expected.
However, if you’re up to the challenge, we recommend <a href="https://www.calgaryhousefinder.ca/contact/">speaking with our real estate agents</a> to get a better idea of the Calgary rest estate market. You’ll need to know details, such as home prices in the neighbourhoods you’re going to target, sales trends, and the costs of renovations, just to name a few.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/laptop_showing_share_amounts.jpg" width="1050" height="700" alt="laptop showing share amounts" title="laptop showing share amounts" />
REIT/ETFS
If brick-and-mortar real estate investing isn’t what you’re looking for, investing in a real estate investment trust (REIT) is a passive option to consider. A REIT is a company that owns, operates, or finances commercial properties. The company invests in most property types and is publicly traded, much like stocks. Investors can purchase shares of commercial real estate in this highly liquid type of investment.
But it’s also possible to choose a REIT’s exchange-traded funds (ETF) instead to save you the headache of choosing which single REIT to invest in. An ETF lets you enjoy a diversified portfolio of REITs that will reduce your risk of losses. If one REIT declines on the stock market, it won’t hurt your investment portfolio as badly since you will have shares from various REITs.
If you’re interested in this type of real estate investing in Canada, speak with your financial advisor.
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What is the Best Investment in Canada?
The best investment to make in Canada is in your future. One of the most low-risk moves investors make is to put their money into a guaranteed investment certificate (GIC). This allows them to save their money for a certain amount of time, and once withdrawn, they benefit from the principal amount plus any accumulated interest. This is just one kind of low-risk investment that Canadians can use toward a down payment on a property or a mortgage payment.
For more information on investments and how you can use them to make more money real estate investing, get in touch with us and we’ll be glad to chat.
Dive into Real Estate Investing with Calgary House Finder
There is a whole world to discover in real estate investing, but you need a seasoned professional to help you make intelligent and profitable decisions. Teaming up with Calgary House Finder is the first step towards a lucrative real estate investment.
Depending on your situation and plans, we can help you find investment properties with low mortgage rates and taxes. No matter what type of real estate investment property you have in mind, reach out to someone you can trust to help. Call us at Calgary House Finder, and we’ll combine your preferences and our expertise to locate a good match.2021-04-06T12:48:00-07:002023-10-17T06:58:35-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:8207Top 3 Richest Neighbourhoods in Calgary<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/8207-bungalow2.jpg" width="900" height="600" alt="Bungalow" />
Are you searching for a great place to live that has a high quality of life? Calgary offers the perfect balance of luxury, nature, and urban activities. Who says you can’t have it all?
Exploring <a href="https://www.calgaryhousefinder.ca/">Calgary homes for sale</a> can be stressful, daunting, and take a lot of time, which you may not have. That’s why you can trust our team of experts to pinpoint the best options for you among our single family units, townhouses, and new builds.
With the help of Calgary House Finder, you will discover the richest neighbourhoods in Calgary and all of the benefits they offer new residents.
<img src="https://assets.site-static.com/userfiles/1048/image/Kitchen2.JPG" width="637" height="421" alt="kitchen" />
Roxboro
In this cozy little inner-city neighbourhood, residents have the opportunity to visit the large Roxboro & Erlton Offleash Dog Park, as well as the Elbow River that borders the northern area. Downtown is just a 10-minute drive away, but you can find restaurants and essential services just over the river in Cliff Bungalow.
The average price for a home in Roxboro is $1,948,200. You’ll find various types of residences, some of which date back from 1923 when the <a href="https://calgarycommunities.com/communities/rideau-roxboro-community-association/">neighbourhood was established</a>. The majority of the homes range from 1923 to 1960, but there is a sprinkling of homes that were built from 1961 to 2016.
Roxboro is one of the best neighbourhoods in Calgary to feel like you’re in the suburbs while being close to the hustle and bustle of town life. To learn more about the pros and cons of buying a new construction, check out <a href="https://www.calgaryhousefinder.ca/blog/the-pros-and-cons-of-buying-a-new-build-home/">this blog</a> on the subject.
Britannia
The Elbow River winds around this most affluent of neighbourhoods from the Southeast and around to the North. Residents can enjoy nature walks at the nearby Riverdale Park and Dog Park that connect to the Britannia Offleash Area and the Elboya Offleash Area. For restaurants and essential services, the Macleod Trail has much to offer! If you want to head downtown, it’s just a 12-minute drive north of the area.
The average home in Britannia is $1,293,150. It’s known for its mid-century modern architecture since the area was <a href="https://www.elboyabritannia.com/">established in the 1950s</a>. Most of the houses were built from the 1950s to 1960. After that, construction periods vary, so some residences will have also been built between:
1961 to 1980
2001 to 2005
2011 to 2016
There’s nothing better than living your dream life in Calgary suburbs.
<img src="https://assets.site-static.com/userfiles/1048/image/white-house.JPG" width="642" height="414" alt="white house" />
Upper Mount Royal
Elegance and class define this staple among Calgary’s neighbourhoods. Among its elite houses and tree-lined streets, Upper Mount Royal boasts several green spaces, the largest ones being Earl Grey Park and Cartier Park. The Elbow River is Southeast of the neighbourhood, and residents can head up to 17 Avenue SW for all of their needs.
The average home is priced at $2,160,873. The Canadian Pacific Railway promoted Upper Mount Royal, which was then called <a href="https://www.mountroyalstation.ca/our-history">American Hill</a>. The area saw rapid development between 1904 and 1914. The greatest number of homes were built in this area from before 1960 to 1980, but homebuyers can still find residences built from 1981 to 2020.
Browse the Best Neighbourhoods in Calgary
When it comes to house-hunting in Calgary suburbs, each neighbourhood has its own personality and charm. Our professionals are skilled at finding your perfect home in an area you’ll love.
<a href="https://www.calgaryhousefinder.ca/contact/">Contact us</a> today to get started, or <a href="https://www.calgaryhousefinder.ca/communities/">browse our listings</a> now!
2020-09-03T16:23:00-07:002020-11-12T11:51:28-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:8201Important Questions to Consider About Condo Living in Calgary<img src="https://assets.site-static.com/userfiles/1048/image/screen.JPG" width="756" height="419" alt="Turned off screen" />
Just because you’re looking for <a href="https://www.calgaryhousefinder.ca/">homes for sale in Calgary</a> doesn’t necessarily mean you're looking for a house or apartment. A condo is another form of residence that you can look into since it may be a better match for your lifestyle.
What's so great about condo living in Calgary?
Maintenance and chores are taken care of for the occupant, so they have much more time to relax and focus on other matters. A condo in downtown Calgary means you're exceptionally close to restaurants and essential services, so that's more time saved. You also won't need to use your car as much since almost everything is within walking distance.
But there are a few things you should know about Calgary condos before you call one home, especially if you've<a href="https://www.calgaryhousefinder.ca/buyers/first-time-buyers/"> never lived in one</a>.
<img src="https://assets.site-static.com/userfiles/1048/image/empty-street.JPG" width="633" height="414" alt="empty street" />
Do You Know What a Condo Really Is?
A condominium—or condo for short—usually brings to mind a swanky unit in a high-rise building. However, a condo is not a type of residence as most believe it to be. It's a type of legal ownership because a condo can be a:
Townhouse
Vacant lot owners will build on
Duplex
Triplex
Detach house
Half residential and half commercial building
Condos can have undivided or divided co-ownership. Most people buy divided co-ownership where they purchase an independent unit by giving a 5% down payment.
Types of Condo Homes
In Calgary, Alberta, you can choose among three types of condos:
A new condo: This means it's in the planning stages, being constructed, or recently completed and all you have of it is a floorplan.
A resale condo: A condo being sold by the current owner lets you visit the unit, building, and grounds.
A converted condo: The condo has a loft style since it was a commercial space that has been converted into a residential space.
Condo living is much different from living in a house. It has its benefits, such as a condo board.
What Is the Condo Board?
The condo board is the organization that devised the rules for your Calgary condo building. They're also in charge of preventing issues from arising by staying on top of the maintenance of the property.
You will usually call the property manager when you have issues or need repairs done in your unit, but should the property manager be unable to resolve the issues, such as neighbour disputes, they will contact the condo board for assistance.
<img src="https://assets.site-static.com/userfiles/1048/image/Couple-planning.JPG" width="636" height="417" alt="Couple" />
What Fees Will I Have to Pay?
A condo in Calgary makes for an excellent home, but each one has different rules and fees.
Depending on your situation, you may have to pay occupancy fees, which are also called phantom rent. This occurs once you move into the unit. You won't have to pay occupancy fees once you are registered with the condo board.
While you won't need to do any maintenance, you will need to pay those fees. They will encompass property maintenance and common services. Bear in mind that they will vary from building to building according to its age, size, and the facilities and services offered. A condo in the inner city may be more expensive compared to one farther out. Maintenance fees can include:
Insurance
Staff services
Overall condo management
General operations
A contingency reserve fund
The experts at Calgary House Finder can help you find the condo that will feel like home. Still unsure if the condo life is for you? Our team has prepared some handy tips for when you're shopping for condo homes.
We Can Help You Prepare for the Condo Lifestyle
Calgary House Finder will find exactly what you're looking for in a condo, whether it's a multi-family or single-family unit. We're constantly receiving new listings of<a href="https://www.calgaryhousefinder.ca/communities/"> condos for sale</a>, so check back often! We also have other<a href="https://www.calgaryhousefinder.ca/"> real estate options</a> in Calgary, so<a href="https://www.calgaryhousefinder.ca/contact/"> contact us</a> for more information!
2020-06-04T15:21:00-07:002020-09-21T12:53:34-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:6852Homeowner Hack: Work Smarter with a Maintenance Schedule<img src="https://assets.site-static.com/userfiles/1048/image/yardwork_grass.JPG" width="1097" height="687" alt="Yard work grass" title="Yard work grass" />
Do you or your partner decide to do home maintenance the day before the weekend?
If you schedule your home maintenance for the year, you and your partner will benefit from more opportunities for leisurely activities and relaxation. Certain tasks around the home need to be done according to the season, leaving you no choice but to do them when you don’t have time.
With Calgary House Finder to guide you, your home will be a haven rather than a series of never-ending chores.
Preparations
Before getting to the tasks themselves, homeowners need to create a budget for home maintenance. It’s recommended to use 1-5% of your property’s value. If you delay investing in maintenance, you risk unnecessary damage to your home and the costs will be higher when you finally deal with it. Remember that the money you put aside for maintenance and upgrades will also serve for emergencies.
It’s good to outline a list of tasks that you absolutely need professionals for because it’s often the better choice compared to going the DIY route. Large tasks, such as plumbing and roof repair, are best left to professionals who have years of experience and excellent reviews.
Some homeowners think that buying a newer build means you don’t have as much work. This may be true for a little while, but preventative maintenance is required. If it ain’t broke, you should still do what you can to ensure its perfect condition.
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Seasonal Work
<a href="https://www.calgaryhousefinder.ca/blog/what-is-it-like-living-in-calgary/">Planning ahead</a> lets you have time to organize your other duties around the ones for your home, such as work, caring for your children, and making meals.
Spring
Since springtime is a transitional period, there is more work to be done. Tasks from the fall may have been forgotten, or they may have been left unfinished with the sudden arrival of winter. Spring maintenance will include:
Roof inspections and gutter cleaning
Raking leaves
Replace broken sprinkler heads
Sweeping
<a href="https://www.calgaryhousefinder.ca/blog/chimneys-heart-of-the-home/">Chimney cleaning</a>
Window washing
Deck, porch, and driveway power washing
Spring maintenance can be scheduled for the end of March and the beginning of April. The temperature will fluctuate, so you may have to postpone certain tasks, such as sprinkler and pool maintenance.
Summer
Many homeowners find summer maintenance is fun because you can refresh your home and yard with painting or staining. It’s also the time to landscape!
Of course, summer maintenance isn’t all fun and games. You will need to look over the walkways and driveway, replacing any broken flagstones or pavers.
The heat of summer helps animals and insects to thrive, meaning you will need to prevent as well as address any infestation problems you have.
Fall
Autumn maintenance is basically just preparations for the winter. It’s time to put away all of the outdoor furniture. Clean the gutters and rake the leaves as much as possible, so you have less work next spring.
If you have a pool or a sprinkler system, you may need to call in the professionals to properly empty them.
To safeguard your home against the cold, inspect the windows and doors. You may need to add weather-stripping and caulking.
It’s best to start fall maintenance around mid-October and the beginning of November. The snow can suddenly show up in November, so be sure to start early!
<img src="https://assets.site-static.com/userfiles/1048/image/Snow_Shovel_Dog.JPG" width="955" height="632" alt="snow shovel dog" title="snow shovel dog" />
Winter
The weather will have a large impact on winter maintenance. Shovelling snow and chopping ice can’t be scheduled, but they must be done as soon as possible, whether to allow your dog access to the backyard or to provide access to the street in case of an emergency.
The foundation is particularly vulnerable during the winter. It’s essential to make regular checks for leaks in the basement and frozen pipes.
After the holiday stress and festivities, start planning your maintenance for the new year!
Calgary House Finder Is Your Home Expert
<a href="https://www.calgaryhousefinder.ca/about/">Calgary House Finder</a> provides homeowners with the practical information they need to <a href="https://www.calgaryhousefinder.ca/buyers/">buy</a>, <a href="https://www.calgaryhousefinder.ca/sellers/">sell</a>, and maintain their home. We serve many <a href="https://www.calgaryhousefinder.ca/communities/">communities</a> in Calgary to help you find the perfect neighbourhood for your lifestyle.
<a href="https://www.calgaryhousefinder.ca/property-search/search-form/">Search</a> for your dream home today, or <a href="https://www.calgaryhousefinder.ca/contact/">contact us</a>!2020-04-26T12:21:00-07:002021-10-20T07:19:04-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:6340Chimneys: The Heart of the Home<img src="https://assets.site-static.com/userfiles/1048/image/chimney-sweep-2792895_960_720.jpg" width="960" height="640" alt="chimney sweep roof" />
Before the emergence of modern heating or lighting solutions, the fireplace was the heart of the home. Also referred to as the hearth, it was the place from which heat, light, safety, and even food could be shared. The warm area in front of crackling wasn’t just a good place to read a book under a blanket - the fireplace has acted as a central gathering space in the home for generations of families around the world.
But whether you have a wood-burning stove, a fireplace, a pellet stove, or some other form of a home-heating solution that requires a chimney, spring is the time to think about maintenance. After a long, cold winter (and many fires), creosote builds up in a chimney, which can lead to trouble if not properly maintained. If you live in Calgary and have a fireplace, read on to learn more about maintaining your chimney.
Seasonal Maintenance
Not only is a fireplace associated with positive images like family gatherings and good conversations, logs crackling in a fireplace also happens to represent a sustainable energy source. Unlike fossil fuels, new trees can be grown relatively easily, and as electricity costs continue their slow upward climb, fireplaces remain a popular heating source, in many cases costing less than other modern methods.
However, the more you use a fireplace, the more it needs to be maintained. The best time to clean out a chimney is before the start of what is referred to as “the burning season,” which is essentially any time outside of winter. You can attend to this task anytime, but as long as it is completed before fall rolls around again, you should be ok.
Many people perform a traditional spring cleaning every year, so why not add cleaning the chimney to your list of to-dos? All it takes is a call to a local chimney sweep to solve the problem, and because summer is typically low-season for fires, they’re usually available and easy to book for a visit to your home.
Why Clean the Chimney?
If you don’t clean your chimney regularly, it can result in the accumulation of creosote on the inner walls of the chimney over time, which can lead to an increased risk of carbon monoxide poisoning. It can also lead to chimney fires or the production of other hazardous smoke that can enter your home and threaten the health of your family.
Without regular maintenance, over-use of a chimney can also damage or otherwise corrode the chimney cap. The Chimney also acts as a hiding spot for all kinds of animals and pests, large and small, so regular maintenance will also help you avoid an unpleasant encounter with a family of raccoons, squirrels, bats, birds or rodents.
It is <a href="https://www.wettinc.ca/what.html">recommended</a> that chimneys be inspected (and usually cleaned) every year, so we would highly recommend that you call a <a href="https://www.ablesweeps.com/">local-area Calgary chimney sweep</a> for advice on the subject.
How Much Does it Cost to Clean the Chimney?
The cost of cleaning your chimney will always depend on the specifics of your home (and the amount of time since your last cleaning), but generally speaking, chimney inspection and cleaning will cost between $125 and $250. A good cleaning will be relatively quick, taking less than an hour.
If you’re interested in an alternative cleaning method, you can also use chimney sweeping logs, specially designed logs that contain a chemical catalyst that can reduce the early stages of creosote buildup by up to 60% with repeated use. However, it’s important to note that after a certain period of time, these logs become ineffective. While early on in the buildup process, creosote flakes can easily be brushed away, later on, the flakes harden into a tar-like glaze that can only be removed by specialists.
Call In the Pros
You’ve spent a lot of time and money buying and maintaining your home, so when it comes to chimney maintenance, it is often best to use a professional, especially because of the relatively low cost of hiring one. However, if you live in the Calgary area, don’t have a chimney, but would love to buy a home with one, then check out <a href="https://www.calgaryhousefinder.ca/">Calgary House Finder</a>.
With a great selection of homes in and around Calgary at a variety of price points, you’ll be sure to find the right home with the right amenities. With their help and advice, you and your family could be enjoying evenings by the fire in no time! 2020-03-16T14:42:00-07:002020-12-14T06:16:00-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:5937Looking Ahead: The Calgary Housing Market at a Glance<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/calgary-1278089_640.jpg" width="640" height="427" alt="calgary bridge" />
With housing prices declining in Calgary at the close of 2019 relative to last year, there are both challenges and opportunities available in the <a href="https://www.calgaryhousefinder.ca/">Calgary real estate</a> market.
The challenges are more of a concern for those selling their homes, as a recent <a href="https://docs.rlpnetwork.com/HousePriceSurvey/RegionalUpdates/2019/Q4/Calgary_RoyalLePage_House_Price_Survey_Q4_2019_EN.pdf">study by Royal Lepage</a> indicated that prices fell by an average of 2.3% from the same time last year. That said, although prices are down compared to last January, they landed there after having made a significant recovery in the second half of 2019.
The opportunities lie more with potential buyers. With prices experiencing somewhat of a dip of late, this might be the perfect time to invest. After all, the old adage “buy low, sell high” is a cliche for a reason. In fact, at least according to some real estate professionals based in the area, the market has already started to tighten up, which may indicate that the market is primed for a more robust recovery.
One of the elements that will help keep things moving in a positive direction are continued low interest rates. The Bank of Canada <a href="https://www.ctvnews.ca/business/bank-of-canada-keeps-key-rate-target-on-hold-trims-growth-expectations-for-2020-1.4778068">held its key interest rate</a> at 1.75%, part of an effort to encourage growth during what is still a relatively sluggish economy - or at least slow the pace of decline. However, ultimately the real estate market is wedded to the state of the energy sector, the province’s main source of economic energy. Until that sector finds itself on solid footing again, the province’s fortunes will remain uncertain.
In terms of price dynamics associated by housing type, apartments have seen the largest decline from their peak in 2014, dropping almost 20% since that time. Sales of homes priced over $500,000 also have also seen better days of late, and sales of that kind of housing continues to slump. From that perspective, homes priced in the upper tiers are still a buyer’s market. On the other side of the spectrum, townhouses and other semi-attached properties have seen increases in value lately, likely as a part of a trend that saw greater interest in more affordable housing
Overall, average pricing trends don’t tell a complete story, as the direction of the housing market depends on the neighbourhood. The part of Calgary that saw the most dramatic drop in prices in recent years is the city centre. The most affordable sections of the city are the northeast and southeast quadrants.
Anyone interested in exploring these areas from an investment perspective can start their research and even find instant listings for the northeast <a href="https://www.calgaryhousefinder.ca/homes-for-sale-calgary-ne/">here</a>, and the southeast <a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-se/">here</a>. With Calgary House Finder, all the informatin you need is at your fingertips.2020-01-27T09:19:00-07:002020-08-14T11:36:04-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:59123 Real Estate Trends for 2020
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/architecture-1836070_1280.jpg" width="1280" height="853" title="house" alt="Well Lit House" />
The Canadian Real Estate Association <a href="https://www.crea.ca/housing-market-stats/quarterly-forecasts/">recently updated its forecast</a> for the coming year, and it appears that housing prices are going to continue to improve in many parts of the country. This is good news for the more than one million Canadian households that are likely to buy or sell a residential property over the course of the year.
That said, while many indicators point to a strong 2020 housing market in places like Montreal, <a href="https://precondo.ca/new-condos-toronto/" target="_blank">Toronto</a> and Vancouver, the trends are not necessarily uniform across Canada. Every city and region will have its own opportunities and challenges to confront, with the Prairie provinces, Newfoundland and Labrador facing somewhat greater difficulties than their provincial neighbours.
Overall, the Calgary area will not grow as quickly as some other Canadian regions, but there are indications that the Alberta housing market may have hit its price floor, meaning things may be looking up in the second half of 2020.
1. Rising Prices
Many housing market indicators are pointing in a positive direction country-wide, including population and employment growth, rising consumer confidence and low unemployment. With sales rising over the last half of 2019 but the number of new 2020 listings dropping, the market is tightening up, which bodes well potential overall price gains.
Another factor at play is the Bank of Canada’s decision regarding interest rates, which are generally understood to affect markets by determining the availability of funds, in turn affecting the cost of mortgage rates overall. The Bank of Canada is not expected to raise rates in the near future, and as far as the Calgary housing market is concerned, <a href="https://www.pwc.com/ca/en/industries/real-estate/emerging-trends-in-real-estate-2020/markets-to-watch.html#calgary">PWC expects</a> to see moderate growth over the next few years, with rates averaging as high as 2.5% between 2020 and 2023.
However, if 2020’s trends are similar to those seen in 2019, we may see small declines in housing prices across Alberta, Saskatchewan and Newfoundland and Labrador, balanced by solid price gains in Ontario, Quebec and the Maritimes. Only time will tell.
2. Maturing Millennials
Although there is no official, objective definition of the term, generally speaking millennials are those Canadians born between 1981 and 2000. Numbering 9.5 million people, this group of potential homebuyers now makes up the largest bloc of the Canadian working population (37%), an even larger percentage than the baby boomers, the group born between 1946 and 1965.
Over the next decade, millennials will represent the largest share of the potential home buying market. Their current homeownership rate rests below the national average, and the gap may represent a promising area for improvement. That said, the jury is still out on the buying intentions of this up-and-coming generation, and there’s no telling if they will prioritize home ownership to the same degree as their forebears, or if they’ll be able to afford it regardless of their preference.
One element that might affect this group’s home-buying capacity is the Canadian government’s launch of the <a href="https://www.placetocallhome.ca/fthbi/first-time-homebuyer-incentive">First-Time Home Buyer Incentive</a> late last year. This $1.25 billion shared equity program is designed to help qualified first-time homebuyers reduce their monthly mortgage payments, and does so by providing a sum of between 5% and 10% of the home’s purchase price as a down payment.
3. Ownership Affordability Down
While the price of buying a home has continued to increase year on year, these increases have occurred at a faster pace than wage growth in the vast majority of markets. In other words, in most regions it has become more difficult to purchase a home over time, and this trend continues.
This will likely buttress an already vibrant housing rental market, and the high prices may lead to home buyers eventually abandoning what might be termed “top-tier” housing markets in favour of “second-tier” cities, where the prices are friendlier. This investment pattern is likely to drive solid price growth in these regions, as both homebuyers and even large corporations migrate to locations where the prices are friendlier.
Net-Positive News
In the end, while the real estate market is a bit of a mixed bag for 2020, with a healthy labour market, increased demand for housing, low interest rates and helpful government initiatives pointing to favourable housing prices in 2020.
That said, the decline in home ownership is still a concern, as are lower vacancy rates in the rental market. In addition, some lenders have more stringent standards than in years past, requiring borrowers to save more for down payments and to improve their credit scores.
All in all, we expect to see more buyers entering the housing market, continued low interest rates, and slow but steady growth in prices over the next few years, with some areas of the country booming more than others.
2020-01-20T12:15:00-07:002020-09-03T07:28:21-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:4546Calgary’s Resilient Real Estate Market<img src="https://assets.site-static.com/userfiles/1048/image/Calgarys_Resilient_Real_Estate_Market.jpg" width="1200" height="628" alt="Calgary’s Resilient Real Estate Market" title="Calgary’s Resilient Real Estate Market" />
Resilient Real Estate Market In Calgary
The Canadian real estate market has undergone numerous changes over the past few years. Despite the slow economy that has slowed down the sector in most nations, Canada has been resilient enough and has experienced steadfast growth.
In particular, Calgary real estate has managed to stay ahead of the pack, with <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/property-search/results/?searchid=451653" title="Calgary’s Resilient Real Estate Market" class="attribution">new construction in Calgary</a> projects have been taking shape in recent years.
With such growth, Alberta has managed to attract a plethora of people seeking to buy a home. Indeed, Calgary has become a haven for both those seeking to buy a home or sell a home.
What are some of the Factors that have Attracted Both Investors and Home Buyers in Calgary?
As stated above, Calgary has managed to stay ahead of the pack among the cities attracting both new residents as well as investors. In fact, there is no better time in history to invest in Calgary than now. Finding a <a href="https://www.calgaryhousefinder.ca/">Calgary home for sale</a> can be an exciting investment!
Calgary’s strong economy and friendly inhabitants have made it one of the best places for someone to acquire a residence. Alberta continues to remain a viable and inviting playground for investors and home buyers due to the different types of homes available for sale.
For instance, someone looking for <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/" title="Calgary’s Resilient Real Estate Market" class="attribution">houses for sale in Calgary</a> will definitely have a variety of homes to choose from. Someone seeking to purchase a home will literally be spoilt for choice. They will be able to choose from lofts, duplexes, bungalows, townhouses, maisonettes, and condos, most of which dot the vibrant city.
Simply put, Alberta offers a wide variety of homes for people who desire either multi-family dwellings or attached homes in safe and established neighborhoods.
A Realtor who wants to sell a home will say that it will be difficult to predict the turn that will be taken by the sector in the coming years. However, <a style="color: #0000ff;" href="https://www.conferenceboard.ca/press/newsrelease/2018/03/13/calgary-and-edmonton-s-economic-growth-to-moderate-but-remain-healthy?AspxAutoDetectCookieSupport=1">Calgary's economy is on the rise</a>.
Prominent for its residents’ entrepreneurial spirit, the city is projected to experience tremendous growth not only in construction but also in other sectors as well. In fact, be it work, play, and ideal and modern living, Calgary offers it all.
What is the nature of Work in Calgary, Alberta?
People prefer to <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/buyers/" title="Calgary’s Resilient Real Estate Market" class="attribution">buy a home in Calgary</a> that is in close proximity to their places of work. Similarly, those moving to Alberta have no reason to worry since the city has various organizations from which homeowners can find work.
Such a scenario is validated by the fact that Calgary is the largest city in Alberta, with numerous firms that are always seeking for professionals to fill up their vacancies. Not only is the city gifted with various head offices, but also boasts of a diverse and highly educated populace.
Over the years, Realtors have assured prospective homeowners in Calgary not to worry about the prospects of employment. After all, the city has a resilient and strong economy that offers plenty of jobs to graduates.
Those buying homes in the area with technical, scientific and professional skills are assured of finding work. Some of the top employers in the city are <a style="color: #0000ff;" href="https://www.shaw.ca/corporate/about-shaw/shaw-companies/">Shaw Communications</a>, Shell and <a style="color: #0000ff;" href="https://www.imperialoil.ca/">Imperial Oil</a>.
<img src="https://assets.site-static.com/userfiles/1048/image/Untitled_design.jpg" width="940" height="788" alt="Resilient Real Estate Market In Calgary" title="Resilient Real Estate Market In Calgary" />
What are some of the Recreational Facilities in Calgary?
On Calgary's doorstep, you’ll find some of the best recreational facilities for prospective homeowners. After buying a home, someone will be able to indulge in the city’s recreational facilities and relax after a long day at work.
Additionally, the city offers countless opportunities for adventurous people within its vicinity. For instance, activities such as fishing, skiing, golfing, and mountain biking remain a preference for the city’s residents.
The Living Experience in Calgary, Alberta
Employment and the <a style="color: #0000ff;" href="https://www.calgaryeconomicdevelopment.com/workforce/labour-market-overview/salaries-and-wages/">continuous growth of wages</a> have been the major drivers of the economy in Calgary. The city’s sheer design and location will provide homeowners with more than an ideal living space.
With over 222 neighborhoods to choose from, numerous grocery stores, cafes, and restaurants, Alberta remains second to none as the preferred city of the living. Furthermore, the Elbow river will provide a nice relaxing breeze for anyone who might purchase a condo alongside the river.
Qualified and professional Realtors in Alberta are always available to offer their advice to prospective homeowners as well as renters. They always advise that someone considers both his/her present and future needs before signing the dotted line.
In fact, the Realtors often times reiterate that someone should consider his/her needs for the next five to ten years when buying a home.
What are some of the Factors that a Prospective Home Owner Should Consider?
The period of time he/she expects to live in the home
The necessity of aesthetic options like a fireplace or air conditioning
The nature of the garage, whether off-the lane or a front-drive garage
The number of bedrooms in the house
The presence of a study place or home office
The Final Word
The growth that has been witnessed in the real estate sector is here to stay and will continue for the next decades. As such, homeowners should have in mind that when they get wind of someone who wants to sell a home, they should not hesitate to respond.
A home is an investment that will always appreciate in value over time. With that in mind, Calgary still remains the most ideal location to purchase a residence in Canada.
For more information on Calgary's real estate market <a style="color: #0000ff;" href="https://www.google.com/search?rlz=1C1CHBF_enUS721US721&biw=1366&bih=657&ei=CEVbXM7MMKe0jwStnKTwAw&q=calgary+house+finder+Realtor&oq=calgary+house+finder+Realtor&gs_l=psy-ab.3..33i22i29i30.4000.4134..4351...0.0..0.111.216.0j2......0....1..gws-wiz.3X_nvMxnQIM" title="Calgary’s Resilient Real Estate Market" class="attribution">contact your local Realtor</a> about buying or selling a home.2019-02-06T14:54:00-07:002020-08-14T10:55:30-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:4520The Future Of Calgary<img src="https://assets.site-static.com/userfiles/1048/image/The_Future_Of_Calgary.jpg" width="1200" height="628" alt="The Future Of Calgary" title="The Future Of Calgary" />
Looking To The Future Of Calgary
Situated east of the Canadian Rockies, Calgary is the largest city in the province of Alberta and third leading municipality in Canada. A dynamic, progressive city, Calgary has evolved from a small prairie town into a diverse cosmopolitan area known for its high quality of life.
In 2018 Calgary was recognized by The Economist magazine as the world’s fourth most livable major city. Population growth has stretched the city’s boundaries environmentally, economically and culturally providing more options for prospective new businesses and homeowners.
Buyers can consider the benefits of living in an urban neighborhood, or in an outlying rural suburban community. Local real estate agents can provide insight into locations within the city that best suit your lifestyle.
Areas of Calgary AL
The City continues to plan and develop environmental programs that will ensure quality public services necessary for thriving <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/communities/" title="The Future Of Calgary" class="attribution">Calgary communities</a>. The Calgary real estate market is broken down into quadrants.
<a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-se/" title="homes for sale in Calgary SE" class="attribution">Calgary SE homes for sale</a>
<a href="https://www.calgaryhousefinder.ca/houses-for-sale-calgary-sw/" title="SW Calgary homes for sale" class="attribution">Calgary SW homes for sale</a>
<a href="https://www.calgaryhousefinder.ca/homes-for-sale-calgary-ne/" title="Calgary NE homes for sale">Calgary NE homes for sale</a>
<a href="https://www.calgaryhousefinder.ca/houses-for-sale-calgary-nw/" title="homes for sale in Calgary NW" class="attribution">Calgary NW homes for sale</a>
They have been focusing on the health and safety of workers and residents by repurposing lands within the city to provide flourishing public green areas, recycling food and yard waste and making more energy efficient purchases for city transportation.
Public Art
Integrating public art programs into the City’s urban landscape has a positive impact on the quality of the lives of those who live and work there. It also contributes to the image and impression of visitors and tourists who enjoy the work of local artists.
<img src="https://assets.site-static.com/userfiles/1048/image/Looking_To_The_Future_Of_Calgary.jpg" width="940" height="788" alt="The Future Of Calgary" title="The Future Of Calgary" />
Buy A Home In Calgary
<a style="color: #0000ff;" href="https://www.google.com/search?q=calgary+house+finder&oq=calgary+house+finder&aqs=chrome..69i57j69i60l3j5j69i59.5248j1j9&sourceid=chrome&ie=UTF-8" title="The Future Of Calgary" class="attribution">Local real estate agents</a> are prepared to help prospective buyers find the perfect home, downtown condo or vacation get-away. The answers to all questions regarding schools, recreation offerings, entertainment opportunities, community services, and resources are provided by trained professionals striving to find the best location and home for you and your family.
<a href="https://www.google.com/maps/place/Calgary+House+Finder/@50.976101,-114.045951,15z/data=!4m2!3m1!1s0x0:0xa740a5f9a004fde1?ved=2ahUKEwiMnY2mwJPgAhWwY98KHSbZBp0Q_BIwDXoECAEQCA" title="local Realtors">Local Realtors</a> provide the help needed in setting a price, planning a marketing strategy, and utilizing various media to find the right buyer. Trained and certified, these professionals will offer solutions and alternatives as they guide the seller through the process with ease and satisfaction.
Attractions
The <a style="color: #0000ff;" href="https://www.calgarystampede.com/">Calgary Stampede</a>, featuring a parade and legendary rodeo during a ten-day exhibition, draws over a million tourists every spring. Visitors and residents alike also enjoy the Calgary Tower, Glenbow Museum and Eau Claire Market and the many cultural and ethnic events that take place throughout the year.
Festivals, fairs, cultural and sports events significantly impact on community life, bringing together residents and tourists, neighborhood and suburban citizens building an active, vibrant community life.
Throughout the city, there are indoor pools, golf courses, fitness and athletic parks and leisure centers. Residents are welcome to utilize the city’s soccer center, sailing school, and skatepark.
Calgary offers an internationally known ballet company and several theatre companies for the entertainment of residents and visitors. The <a style="color: #0000ff;" href="https://www.calgaryopera.com/">Calgary Opera Company</a> and Philharmonic Orchestra regularly perform in the Jube, a 2,500 seat auditorium. The city also hosts many Broadway productions.
Residents are invited to enjoy or participate in the local choral music community, and non-professional music and theatre groups and children's theatre programs that are available including the Royal University Boys' and Girls' Choirs and Youth Singers.
For more information about Calgary and making your next home here, <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/contact/" title="The Future Of Calgary" class="attribution">contact a local Calgary Realtor</a> today!2019-01-16T15:38:00-07:002019-10-21T07:16:15-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:4485Calgary’s Housing Market<img src="https://assets.site-static.com/userfiles/1048/image/Calgarys_Housing_Market.jpg" width="1200" height="628" alt="Calgary’s Housing Market" title="Calgary’s Housing Market" />
The Beauty Of Calgary’s Real Estate Market
Calgary's real estate market is extremely diverse, with something here for everyone. Surprising to many, Calgary has an abundance of waterfront homes in some of the most beautiful lakefront <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/communities/" title="Calgary Communities " class="attribution">communities in Alberta</a>.
If you want to <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/buyers/" title="buying a house in Calgary" class="attribution">buy a house</a> in one of these communities, the selection of homes is diverse. If you're going to sell a home, the housing market in Calgary is starting to recover from its economic slump and is looking promising for sellers.
The Lake Communities of Calgary
The southwestern section of Calgary doesn't have many established communities, but quite a few homes overlook the <a style="color: #0000ff;" href="https://en.wikipedia.org/wiki/Glenmore_Reservoir" title="Glenmore Reservior">Glenmore Reservoir</a>. The area is ideal for homeowners who love to sail or hike. Glenmore Park features 16 km of paved trails for cycling or leisurely walks. Search the current <a href="https://www.calgaryhousefinder.ca/houses-for-sale-calgary-sw/" title="homes for sale in Calgary SW" class="attribution">homes for sale in Calgary SW</a>.
Northeast Calgary Lake Communities
Calgary's northeastern region features the Coral Springs community; a perfect place for buyers who love swimming, fishing, and boating. The median price for single-family homes is $350,000. Coral Springs features townhomes and condos in the low $200,000 range. <a href="https://www.calgaryhousefinder.ca/homes-for-sale-calgary-ne/" title="homes for sale Calgary NE" class="attribution">Search homes for sale in Calgary NE</a>.
Southeast Communities
Most of Calgary's lakefront communities are in the southeastern section of the city with a wide range of home styles and prices that are reasonable. Here are some of the most desirable neighborhoods in which to buy a home. Search all of the <a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-se/" title="homes for sale in Calgary SE" class="attribution">homes for sale in Calgary SE</a>.
Auburn Bay
The average price for a single-family <a href="https://www.calgaryhousefinder.ca/auburn-bay-real-estate/" title="Auburn Bay homes for sale" class="attribution">home in Auburn Bay</a> is $499,174. Auburn Bay has a thriving community association and a 13-acre park with skating rinks and a spray park. The community is an excellent place for families.
Chapparal
The <a href="https://www.calgaryhousefinder.ca/chaparral-real-estate/" title="Chapparal real estate" class="attribution">homes of Chapparal</a> features homes, condos, and townhomes which start in the low $200,000s. Luxury homes in the $1 million range and higher are situated in clusters between the <a href="https://en.wikipedia.org/wiki/Bow_Valley" title="Bow River Valley">Bow River Valley</a> and the Chapparal Valley.
Lake Bonavista
Lake Bonavista is a lovely community for families and buyers who love the outdoors. Many of the homes are <a style="color: #0000ff;" href="https://www.canterburyhomesinc.ca/2016/11/11/custom-home-build-need-know-part-2/">bungalows and two-story, single-family house</a> that range between $200,000 and $400,000.
The community also has several low-rise apartment complexes and <a href="https://www.calgaryhousefinder.ca/blog/calgarys-multi-family-housing/" title="multi family housing in Calgary" class="attribution">mulitifamily properties</a>. The community association offers a fitness center, gym, two indoor, ice skating rinks, and rooms for special events and social occasions.
Mahogonay
<a href="https://www.calgaryhousefinder.ca/mahogany-real-estate/" title="Mahogonay real estate" class="attribution">Mahogonay</a> is Calgary's newest luxury community of single-family homes and condos. Prices start in the $300,000s. <a href="https://www.calgaryhousefinder.ca/property-search/results/?searchid=451656" title="luxury homes for sale" class="attribution">Luxury homes for sale</a> are in the million-dollar range. The community sits on a 63-acre lake with 74 acres of wetlands nearby. The <a href="https://www.mahoganyliving.com/community-lifestyle/whats-here/village-market/" title="the Village Market" class="attribution">Village Market</a> is the community's shopping district. Another feature that residents love is the private beach club.
McKenzie Lake
The development of the beautiful community of McKenzie Lake began in the 1980s. The unique feature of this charming community is the private lake with an island in the center. Single-family homes and condos start in the $200,000s to close to $1 million. <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/property-search/results/?searchid=451656" title="luxury homes for sale">Luxury homes for sale</a> are priced between $1 million to $2.5 million.
Sundance
Sundance is a lovely community in the <a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-se/" title="Souteast Calgary for Sale" class="attribution">southeastern section of Calgary</a>. Home prices range between $200,000 to more than $500,000. Several million dollar luxury homes are also on the market. Many of the houses are single-family and have easy access to Sikome Lake's public beach.
Northwest Communities
Arbour Lake
Arbour Lake is a delightful community for families who enjoy spending time at the lake. The shopping district features retail shops and <a href="https://www.zomato.com/calgary/arbour-lake-restaurants" title="Arbor Lake restaurants ">excellent restaurants</a>. You'll have panoramic views of the mountains and green hills, and access to the bike and walking paths. Arbour Lake is the only lakefront community in Northwest Calgary.
To <a href="https://www.calgaryhousefinder.ca/">learn more</a>, contact a local Calgary Realtor to find out more about available homes in this beautiful city and schedule a showing today!
Looking for more information on Calgary Real Estate?
2019-01-02T15:17:00-07:002020-03-16T07:07:17-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:44806 Tips To Sell Your House Quick<img src="https://assets.site-static.com/userfiles/1048/image/6_Tips_To_Sell_Your_House_Quick.jpg" width="1200" height="628" alt="6 Tips To Sell Your House Quick" title="6 Tips To Sell Your House Quick" />
Six Tips To Sell Quick
If you are in the property investment business, then you will want to sell your homes fast. Forbes says that when <a style="color: #0000ff;" href="https://www.forbes.com/sites/samanthasharf/2018/01/05/five-pro-tips-for-staging-your-home-for-sale-this-year/">staging your house to sell</a> you can get you as much as 17 percent more money than not staging.
What is even better is that 95 percent of homes with staging sell in less than 12 days. Before you are ready to <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/sellers/">sell your home</a>, we have six things that you should do to fix up the place ahead of the staging crew to ensure that you get the bids.
Paint Everything Neutral Tones
This tip is probably the one you hear the most often, but it is so true. When you have an open house, you want potential homebuyers to envision themselves in the house.
<a style="color: #0000ff;" href="https://www.cbsnews.com/news/the-7-home-colors-that-can-help-or-hurt-your-sale-price/">Bold paint colors can be bad</a>, you can unintentionally alienate some of the people at the showing. With neutral tones, buyers can think of all the possibilities of customizing the home to the look they want. Neutral does not have to be bland.
Use color in the furnishings and stick to gray, beige, and shades of white for the walls and trim. Buyers want a house that is fresh and clean. Nothing does that better than a new coat of paint inside and out.
Make The House Bright And Refreshing
Dark corners and poorly lit rooms are unappealing. When you want buyers to give your house serious thought, then bring in the light. Use sheer curtains to open up a smaller room.
Installing new windows or painting the trim can make a huge difference in how the house feels. Skylights are other items that will let more natural light into an otherwise dingy space.
HGTV says that one way you can get more light into the house is to trim the hedges and trees back. A good pruning not only improves the curb appeal, but it lets more sunlight hit the house. Cleaning the windows right before the showing and replacing light bulbs with brighter LED lights and more wattage will make your home cheerful too.
Upgrade The Kitchen And Bath First
HGTV says that buyers are finicky about kitchens. It may cost a few thousand to upgrade the appliances and give the cabinets a new look.
Even if you toss in a new counter for a couple thousand, you will still be well under the ten grand buyers could ask you to lower the final price if you leave the room alone. In the bathroom, you can pick and choose which items you want to replace.
It is not necessary to do a gut job. You can install a pedestal sink in a small bath or add a dual vanity and sink in master baths for great appeal.
Spiffy Up Your Outdoor Living Spaces
<a style="color: #0000ff;" href="https://www.diynetwork.com/how-to/outdoors/outdoor-spaces/instant-curb-appeal-for-less-than-100-pictures">Curb appeal</a> is how you will get your buyer in the door. You only get a few seconds to make a good enough impression to get people to walk in on open house day. If your yard is not up to par, then many prospecting buyers will drive off before they even park.
To get the most bang for your buck, add cozy seating areas and accents like pillows with bold pops of color. The more inviting the porch, the more likely buyers will want to look inside.
Update The Fixtures And Faucets
Nothing makes a house look cleaner and fresher than paint except shiny, new lights and door pulls. When people walk into a kitchen or bath that is clean and bright, then they feel like the home was cared for properly and maintained.
It does no good to paint the whole place and put old, dirty knobs back on the cabinets and drawers. A little extra effort and money will go a long way in this department. New light fixtures do not have a chance to date the house and turn away people who are looking for a modern or contemporary style. In <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/property-search/results/?searchid=451656">luxury homes for sale</a>, new bells and whistles are a must.
Stage The Entire House
Partial staging makes your home feel incomplete. Most agents advise against staging only a room or two. This approach makes the house feel underwhelming.
You can turn off a buyer who feels like you only spent enough time and money to get people to walk into the door when you just dress up the entrance. Complete the house by staging outside and in.
By using these six tips from the experts, you improve your chances of selling your home in less than two weeks. Potential buyers want to walk into a house that is inviting, clean, and ready for occupancy. To avoid alienating any group of individuals, use neutral tones, update faucets, and paint the entire house.
Necessary repairs like fixing broken sidewalks and replacing gutters or roof tiles always come before cosmetic applications, but you will most likely sell your house faster if you fix it up and then stage it. When you are in a tight market, these tips can be the difference between selling and sitting on the market.
For more information about <a href="https://www.calgaryhousefinder.ca/" class="waffle-rich-text-link">buying a home in Calgary</a> or selling tips <a href="https://www.calgaryhousefinder.ca/contact/" class="waffle-rich-text-link" rel="nofollow">contact us</a> today. 2018-12-21T18:27:00-07:002021-02-09T14:40:02-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:44634 Real Estate Tech Trends<img src="https://assets.site-static.com/userfiles/1048/image/4_Real_Estate_Tech_Trends.jpg" width="1200" height="629" alt="4 Real Estate Tech Trends" title="4 Real Estate Tech Trends" />
Top 4 Real Estate Tech Trends You Don’t Want to Miss
Over a decade, the real estate sector has changed immensely. Surprisingly, the advancement in technology has played a significant role in the industrial changes.
These technical advancements have influenced both the <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/" title="Calgary real estate">real estate in Calgary</a> and the potential home buyers and sellers by making all the processes easier.
While the industry always plays catch-up with advancing market conditions and consumer demands, each year, this sector is introduced with new technological advancement and trends, such as <a href="https://oneclickseo.agency/search-engine-optimization/guide-local-seo-real-estate/" title="locally based SEO for real estate">locally based digital marketing</a> to benefit both professionals and the entire organization.
Here are the latest trends to look out for when you want to sell or <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/buyers/">buy a home in Calgary</a>.
Blockchain
This is <a style="color: #0000ff;" href="https://cointelegraph.com/news/why-canada-has-emerged-as-a-leading-blockchain-and-crypto-nation-expert-take">the technology behind the use of cryptocurrencies</a> such as Litecoin, <a href="https://www.ethereum.org/" title="Etherueum">Ethereum</a>, and Bitcoin. Essentially, it is a public, digital database that has the ability to record all transactions without the use or need for a central verifying financial facility such as a bank.
The good thing is that middlemen are not involved in the transaction process, so there is reduced legal and little-related costs, thus leading to a faster settlement.
For Realtors, if this system was to become the mainstream, it could dramatically limit the potential for fraud in the industry and enable you to access much more information on homeowners and individual property.
This could also be good news to you and your local Realtor if you are planning to sell a home, but it will require the industry as a whole to adapt to these new methods, to integrate the blockchain information within the current workflows.
Augmented and Virtual Reality
Augmented and virtual reality has been breaking the news for some years now. This has been more newsworthy as of late, as buyer technologies are driving the rapidly growing demand.
<a style="color: #0000ff;" href="https://www.cbc.ca/news/business/augmented-virtual-reality-investors-1.4513809" title="virtual and augmented reaality">Virtual and augmented reality</a> have been very successful when utilized appropriately, and both show great potential in the real estate sector. If handled properly, these technologies could revolutionize the sales process. Imagine the quake it will bring to this industry.
Virtual tours allow prospective buyers to virtually walk through your home from anywhere where there is an internet connection. This technological advancement has the potential to make the virtual tour efficient and visible for any consumer, as well as the agent as a powerhouse emerging technology.
Virtual and augmented reality both cover a wide scope of potential when allowing a buyer to visualize the interior of your home setting -- all in 3D. It can make house shopping faster, eliminate the need for open houses, let buyers from out of the area see your house just like it were sitting in front of them, and to broaden your overall audience base.
Physical-Digital Interactions
The digital and physical world is starting to shape or blend together with the advancing technologies in this industry. You can easily relate the functions of the augmented reality with the physical-digital interactions.
It is the idea of ordering an item from any retailer using your smartphone and then going to pick it from the store. Newer, advanced lockboxes are starting to emerge, some with buttons buyers can press to alert your Realtor someone is interested in seeing the house.
By having smart apps on your phone, Realtors can easily get instant notifications while driving around a neighborhood showing homes for sale.
Chatbots
This <a style="color: #0000ff;" href="https://www.hubspot.com/stories/chatbot-marketing-future" title="Artificial intelligence">artificial intelligence technology</a> attempts to merge the processing of natural language with intellectual abilities. Chatbots are becoming increasingly common across a wide range of industries and are getting so advanced, odds are high that you’ve spoken to one and didn’t even realize it was a computer!
<a href="https://sproutsocial.com/insights/topics/chatbots/" title="chatbots">Chatbots</a> benefit Realtors by minimizing the amount of time that it takes to answer basic, frequent questions such as home prices and availability. When a buyer is ready to pull the trigger, the chatbots simply pass the call on to the Realtor.
For more information about real estate technology and digital marketing for real estate, contact your local trusted tech-savvy real estate professional today.2018-12-05T16:47:00-07:002021-02-09T14:37:54-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:4440Calgary's Multi-Family Housing<img src="https://assets.site-static.com/userfiles/1048/image/Calgarys_Multi-Family_Housing.jpg" width="1200" height="629" alt="Calgary's Multi-Family Housing" title="Calgary's Multi-Family Housing" />
Multi-Family Housing’s Impact on Calgary Real Estate
People wanting to <a href="https://www.calgaryhousefinder.ca/">buy real estate in Calgary</a> or one of its many up-and-coming communities have an abundance of home choices. These locations usually offer easy access to connector roads leading to Downtown and convenient driving times to the Rocky Mountains.
Multi-family housing has offered a solution to the needs of extended families, as well as homeowners interested in investment options.
Planned Communities Offer More
One trend very popular among those looking to buy a home in the Calgary area is purchasing a home in a planned community. The main attraction for many of these <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/communities/">Calgary communities</a> is a high walk ability level.
Putting many of the top amenities within walking distance is one key to attracting families to these areas. Those who want to purchase houses in the city of Calgary often look for these types of features.
The builders for many communities design multi-family home options to fit an increasingly diverse range of buyers. Some of these homes are designed to be multi-family, while others are easy to renovate for the needs of a multi-family household.
Intergenerational housing has been a major part of Canadian life for a long time. With higher living costs and an increasingly diverse population, there is a strong belief in the place of grandparents in children's lives and have increased the demand for these housing options.
How Multi-Family Homes Suit Changing Needs
There are two situations where intergenerational living is popular among many Calgary residents. One is a situation where younger couples want their parents nearby for easier child care access, which is quite common among many <a style="color: #0000ff;" href="https://www.calgaryhousefinder.ca/buyers/first-time-buyers/">first-time buyers</a>.
Couples who have their parents performing babysitting duties benefit from having their parents more easily accessible. Another common situation involves <a style="color: #0000ff;" href="https://www.moneysense.ca/save/retirement/retirement-downsize-plan-finances/">retirees who are downsizing</a> and larger prefer a family member or members to share space in the home.
This option allows older homeowners to have someone in their house to help out if necessary. Sharing space in this manner is also a good alternative to selling a home so downsizers can take advantage of having family members to assist around the house.
<img src="https://assets.site-static.com/userfiles/1048/image/AdobeStock_211590900_opt.jpg" width="650" height="648" alt="Housing’s Impact on Calgary" title="Housing’s Impact on Calgary" />
Floor Plans That Work Well
Many homes in the Calgary area feature lower-level development that allows for an additional one or two bedrooms, along with a bathroom and living area. Families with younger adults who desire more privacy often take advantage of this option.
A suite like this in a home creates the perfect move-in-ready area for additional relatives joining the household. <a style="color: #0000ff;" href="https://www.homedit.com/living-in-a-loft/">Loft-style homes</a> also offer good prospects for a multi-family living arrangement. These loft areas provide a lot of the privacy of a suite while being easily accessible to the rest of the house.
These levels are customarily built with easier renovation opportunities in mind. Paired homes, which often share a common yard or cul-de-sac area, have grown to major significance in Calgary within the last several years.
The residences offer the convenience of single-family living, along with easier access for family members. Garden-style houses and townhomes are some of the more popular styles used in these settings.
Income Opportunities with These Homes
Homes with intergenerational living-friendly designs also offer good opportunities. When buyers decide to eventually sell a home or make an income renting out all or part of the home. Many people searching for housing options are quite happy to rent a suite inside a larger house if this suits their circumstances.
If you're ready to buy a home or sell a home in the Calgary area, <a href="https://www.calgaryhousefinder.ca/contact/">contact your local Realtor</a> for help with all your real estate needs, or <a href="https://www.calgaryhousefinder.ca/">click here</a> to start your search right away!2018-11-26T23:49:00-07:002020-03-16T07:04:48-07:00Gregory Kennedytag:calgaryhousefinder.ca,2012-09-20:4377Zillow in Canada<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/Zillow_in_canada.jpg" width="1200" height="628" alt="Zillow in Canada" title="Zillow in Canada" />
Does Zillow Operate in Canada?
The real estate website Zillow has been a dominant force in online listings in the United States. But does Zillow have Canadian listings? Can you get a Zestimate on a home in Calgary? Is Zillow planning a Canadian takeover?
Zillow in Canada
Although Zillow has a dominate footprint on the US real estate market online, Zillow has yet to make much headway into the Canadian real estate market. That may be about to change with Zillow’s recent announcement that they will be displaying homes for sale in Canada.
<a href="https://www.crunchbase.com/person/errol-samuelson" title="Error Samuleson">Error Samulelson</a> was quoted as saying:
“It’s an exciting time at Zillow and we’re thrilled to start expanding our listings coverage outside the US and provide the millions of home shoppers who use Zillow every day an easy way to see Canadian homes for sale.”
How Does Zillow Get Real Estate Listings?
The battle for real estate listing data has been going on for a long time. As a general rule, local MLS is the gold standard for <a href="https://www.calgaryhousefinder.ca/" class="waffle-rich-text-link">real estate listings</a>. Most real estate brokers in Calgary participate in the the local MLS, which lets them display each others listings through an IDX data agreement.
Zillow, on the other hand, is NOT a licensed real estate broker and currently does not have access to the MLS’s listing database of active and sold properties. In Calgary, Zillow has to rely on specific real estate brokers to send their listings to Zillow. This means that unlike websites such as <a href="https://www.calgaryhousefinder.ca/" class="waffle-rich-text-link">Calgary House Finder</a>, Zillow will only have a tiny percentage of the active properties in Calgary and other areas of Canada.
Who Does Display All the Listings?
Since most Canadian real estate brokers utilize the local Realtor boards and <a href="https://www.nar.realtor/nar-doj-settlement/multiple-listing-service-mls-what-is-it" title="what is the MLS?">Multiple Listing Services</a>, if you want to see ALL of the <a href="https://www.calgaryhousefinder.ca/houses-for-sale-in-calgary-se/" title="homes for sale in Calgary SE">homes for sale in Calgary SE</a> or any <a href="https://www.calgaryhousefinder.ca/communities/" title="Calgary Communities">other community</a> , you will have to visit a licensed real estate broker’s website.
The Zestimate in Canada
One of Zillow’s most popular features is their Zestimate. Although the general public seems to like using the Zestimate, most real estate agents and brokers recognize that Zillow’s home valuation tools is woefully inaccurate in most areas. As a matter of fact, even by Zillow’s own statistics, their Zestimate is more than 10% off of the final sales price by <a href="https://www.zillow.com/zestimate/#acc" title="Accuracy of Zestimate">more than 20% of the time</a> in many US markets! Those are HUGE variants when you look at home valuations and would be considered to be more of a “guess” by most <a href="https://www.aicanada.ca/" title="licensed appraisers ">licensed appraisers</a>.
What Has Made Zillow So Successful?
When you look at the fact that Zillow does not have all of the active or sold real estate listings in most areas, coupled with the inaccuracies of their Zestimate, it’s easy to ask “why do people go to Zillow then?”.
The answer is three pronged: marketing. Acquisitions and the fact most home buyers are not aware of their inadiquisizes. Zillow, as a publicly traded company with deep pockets. Zillow has successfully purchased their largest US rival <a href="https://www.trulia.com/" title="Trulia">Trulia</a>. As a matter of fact, <a href="https://www.bizjournals.com/seattle/blog/techflash/2016/02/zillow-bought-10-companies-in-the-past-5-years-now.html" title="Zillow buys up everyone">Zillow has purchased</a> over 10 major real estate technology companies in the past 5 years.
<img src="https://assets.site-static.com/userfiles/1048/image/blog_and_page_images/does_zillow_have_canadian_listings.jpg" width="1200" height="628" alt="Does Zillow have listings in Canada?" title="Does Zillow have listings in Canada?" />
But that still does not explain why the general public looks to Zillow for online real estate. We will answer that with an analogy. If you go to Ford.com you do not expect to see Chevrolets on their website. The general public looks at real estate broker’s websites in much the same way.
<br />With most of Canadians only purchasing a home every decade or so, they simply assume that to see “all of the homes for sale” they need to go to a 3rd party website such as Zillow. As we have mentioned previously, that could not be further from the truth.
What is to Come from Zillow in Canada?
We will have to just wait and see. We can tell you now, that they will not have the lion's share of the real estate listings, so there is little reason for the educated home buyer to visit Zillow if they are looking for homes online.
<br />One thing is guaranteed... that with Zillow’s official move into Canada, they will be spending a TON of money on advertising to try and inform the public that they are the online destination for real estate in Canada.<br /><br />
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2018-10-22T10:16:00-07:002021-02-09T14:25:06-07:00Gregory Kennedy