Calgary Bowness Montgomery Real Estate Home News - Blog Archive: January, 2019

When you are thinking of real estate, especially now in 2019 during Calgary’s challenging real estate
market, think no further than to hire myself, Ken Richter for excellent service and ultimate results. As
your trusted professional Realtor® I have 30+ years of experience, 2018 ranked Top 6 Individual Agent at
RE/MAX Real Estate (Central), the #1 Selling Real Estate Office Worldwide for 19 consecutive years and
finished in the Top 100 in RE/MAX Western Canada once again. Contact me today at 403-630-6363 or ken@kenrichter.com.

This month the Calgary Real Estate Board released it's 2019 forecast, which echoed much of what we've heard in the last year: this economic climate is making buying and selling homes challenging. 

CREB® Chief Economist…

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The summer brings smoky campfires, the fall pumpkin spice lattes, the winter Santa Claus, and the springtime fresh blooms; and the taxes. The tax man is coming to collect from Canadians in Calgary, Alberta very soon... are you ready?

Taxes are complicated. Whether you are a young student trying to claim your school expenses as you file a T4 from Starbucks, or a CEO trying to navigate not only your personal income taxes, but all of the taxes associated with your business, tax season can be overwhelming and stressful. However, there is no reason to worry. There are many incredible resources available to help you get everything sorted so you can feel confident and secure in your filing.

Most importantly, breathe deep: the deadline for filing isn't…

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Nowadays it is nearly impossible to purchase a home in Calgary, Alberta Canada without getting a mortgage. With homes as expensive as they are, it is extremely rare that a person is able to purchase a home upfront and avoid a 10-20 year mortgage. This is why when you are considering buying a property, it is important to set yourself up so that you qualify for a mortgage. After all, banks do not give out mortgages to just anyone.

There are a number of factors that go into qualifying for a mortgage, such as credit history. The most important one is annual income. Banks need to make sure that you will be earning enough money to pay back what you borrowed. While this factor is easy to overcome when you have had a steady job that you will continue to…

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With the new year has come the age old saying, “new year, new me.” People commit themselves to being the absolute best version of themselves as they start fresh in the new year.

Typical new year’s resolutions include deciding to exercise more, study more, save more, work more, love more, more, more, more. There is one problem with resolutions to do more and be better: often, these resolutions are left unfulfilled, making people feel worse than they did to begin with. How can you stick to your resolutions when they demand so much from you? Read on for our top tips.

1). Start small. The reality is that no one can do more and be better at everything all at once. Trying to do so will leave you frustrated, angry and burnt-out. Pick two or so goals to…

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Bright, sunny, well maintained, over 915 square feet corner unit with spacious open floor plan, 2 bedrooms and 2 baths. Enjoy the large master bedroom, walk-in closet, 4 piece ensuite and second bedroom. Open living area includes functional kitchen with breakfast bar, dining area and generous living room leading to the sunny west facing balcony. Enjoy in-suite laundry with brand new washer and in-suite storage. Building amenities include an elevator and condo fees that include water and heating! Located close to a green space, playground, schools, shopping, grocery stores, restaurants and much more! Minutes to Spruce Meadows and easy access west to the mountains!

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Ken Richter is a trusted name in Calgary…

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Pride of ownership is evident throughout this immaculate, fully developed, appox. 1670 square feet, fully developed living space! The spacious main floor is highlighted by vaulted ceilings, an open concept kitchen & living area. Upgraded granite countertops, trendy backsplash, corner pantry, new stove, upgraded sink & faucet & breakfast bar. Living room is made complete by a beautiful mantle over the electric fireplace and views of the large south rear deck offering tons of sun & wonderful views! Upstairs living space ideal for a small office,two good sized bedrooms and a large master bedroom complete with a 4 piece ensuite. The walkout basement is great for entertaining and has several built-ins and a wet bar. The sunny south walkout features a large…

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Bring on the 'WOW' factor! Amazing 2500 square feet plus of luxury total living space is featured in this quality Jayman built, five bedroom, family orientated home! The spacious and open floor plan greets you as you walk into the main living area featuring a beautiful and spacious grand kitchen complete with a raised granite topped eating bar and separate island. Built in appliances include a gas cook top, massive great room off the kitchen complete with a gas fireplace and a large dining area for the whole family! Upstairs offers 3 large bedroom plus a massive bonus room, upstairs laundry room, spa like 5 piece ensuite including two separate walk-in his/hers closets. The lower is fully developed including a rec. room and two more bedrooms, 4 piece bath…

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Custom built by a small high quality craftsman builder. Photos are for next door show suite. This intricate detailed open concept 2 story features a fully developed walk-out offering dramatic south valley escarpment views! Over 2400 square feet of tastefully developed living space, including 4 bedrooms & 3.5 baths. The main floor features a gorgeous contemporary kitchen complete with quartz counter tops, engineered hardwood floors, gas fireplace, huge windows and large sunny south facing rear deck. The upper level boasts 3 large bedrooms. Enjoy the amazing south views from master bedroom complete with a walk-in closet & spa like 5-piece master ensuite and upstairs laundry! Natural sunlight floods in the fully developed walk-out, large wet bar in the…

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When it comes to buying a home, you must play the delicate game of not being too picky, but also not being too lenient. You need to ensure you don't miss out on a fantastic property in a fantastic location at a fantastic price simply because it does not have some small item from your dream list, but you also need to ensure you don't buy a lemon simply because you think what the home is lacking is not a major deal. You need to navigate both your wants and your needs carefully. 

Many realtors will tell you to draft up a wish list of what you want your home to have. Homeowners put items on these lists such as french doors to the bedroom, upstairs laundry, a room for an entertainment centre, Jacuzzi tubs and more. All of these are lovely items that may…

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The Calgary Board of Real Estate notes in their January report, "as oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December." This summary of what happened in the final month of 2018 paints a bleak picture of December, which hopefully ended a difficult year in the real estate; though still better than others. Our hopes are that we see even more improvement in 2019!

Here are the highlights from their statistics summary: 

  • December sales totalled 794 units. This is a 21% decline compared to December of 2017. 
  • Year-to-date sales in the city totalled 16,144 units. This is 20% below long-term averages and about 14% less than in 2017.

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