Calgary Bowness Montgomery Real Estate Home News - Blog Archive: April, 2024

There is no question about it: Calgary, Alberta is in the midst of a seller's market. What is a seller's market exactly? Investopedia writes, "A seller's market is a market condition characterized by a shortage of goods available for sale, resulting in pricing power for the seller. A seller's market is a term commonly applied to the property market when low supply meets high demand"

In a seller's market, buyers need to make their offer stand out amongst the rest! Here are some tips on how to do so:

  1. Get Pre-Approved for a Mortgage: Before you start house hunting, get pre-approved for a mortgage. This will show sellers that you are a serious buyer and can afford the home. It makes it more likely your financing will pull through and not leave…

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Spring is the perfect time to spruce up your home and increase its value! Whether you are planning to sell or simply want to enhance your living space, here are some renovation projects to consider this season. It may be forecasted to snow this week (YIKES), but you can start planning now.

Energy-Efficient Upgrades: Consider making energy-efficient upgrades to your home, such as installing a programmable thermostat, upgrading to energy-efficient appliances, or adding insulation. These upgrades can not only save you money on energy bills but also increase your home's value.

Curb Appeal Enhancements: Start with the exterior of your home to make a great first impression. Consider painting the front door, adding new house numbers, installing outdoor…

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Welcome to this very affordable semi-detached home or investment property boasting a total of 5 bedrooms (lower level bedrooms require egress windows).

This charming red brick-faced bungalow is situated in a fantastic Bowness location, offering a sunny south-facing backyard. It's just a short walk to three schools and is conveniently located across from a massive playground, making it the perfect starter family home! The upstairs features 3 good-sized bedrooms, real hardwood flooring, and vaulted ceilings in the living room with lovely views of the playground and schools across the street. The lower level includes a 2-bedroom illegal suite.

While the interior of the home requires some cosmetic TLC, it is well worth the effort. You'll find…

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Wow! This is a remarkable find! Just listed is a very rare opportunity for developers, investors, or those looking to generate supplemental income to subsidize their mortgage payments. Welcome to a spacious 1,382 sqft bi-level with a total of four bedrooms, situated on a massive 53x120 R-C1 lot in the heart of Montgomery. Montgomery is known as one of the most progressive rebuilding infill areas in all of northwest Calgary!

The lower level features an illegal but self-contained and spacious 1,067 sqft two-bedroom suite with large windows and a separate walk-out entrance. It includes two forced-air furnaces and two hot water tanks. As a bonus, there is a massive triple-car garage, along with two additional parking stalls in the front and back!

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Know your limit, stay within it!

This classic saying can be applied to a multitude of things, one of them being purchasing a home in Calgary, Alberta. Know your budget for a mortgage, and stay within it. This is crucial to ensure you do not get in over your head financially. Here are some elements of the home buying process to take into consideration as you endeavor to purchase a property:

  • Personal Finances: Begin by assessing your current financial situation. Calculate your monthly income after taxes and deduct your existing financial obligations, such as car payments, student loans, credit card debt, groceries, utilities, and more. The amount remaining is what you can allocate towards a mortgage payment.
  • Consider Down Payment and Closing…

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Welcome to a fully furnished and extensively renovated one-bedroom unit in an affordable and quiet concrete building, close to all amenities!

This unit features all-new laminate hardwood flooring, new radiant heater vents, and has been recently painted, presenting a very appealing appearance. The extensive list of furnishings is included, making it a "turn-key investment" for a new investor, tenants, or homeowner. Enjoy a nice sunny south exposure from the private balcony, which fills the living areas with natural sunlight.

Located a short walk from Chinook Centre and close to transit, including a C-Train station, this property offers convenience and accessibility. There is potential to increase the rent, making it a great investment or first…

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Happy Earth Day, everyone! 

The mission of Earth Day is to “honor and celebrate our remarkable planet on this extraordinary day. Earth Day is a reminder of the importance of environmental conservation and sustainability, encouraging us to come together and take action for a healthier planet and brighter future. Let's unite in our efforts to protect the Earth today and for generations to come. Together, we can make a meaningful impact and create a more sustainable world” (Earth Day).

In light of Earth Day, here are 3 small products to implement in your home that make a big impact over time:

Beeswax Wraps: Beeswax Wraps replace the need for plastic wrap and Ziploc bags. They cost around five to ten dollars, and can be used for a long time…

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We are currently in a very competitive real estate market, favoring sellers. Buyers are feeling the stress to jump on whatever comes their way, no matter what the details are, in a desperate attempt to enter the real estate market by any means possible. While we understand the desire to want to secure property, it is also important to remember that this is a long term investment; and the biggest financial investment you’ll likely ever make. Do not make a bad investment just for the sake of making an investment.

With that in mind, here is what to look for in a good house:

Location: A good location can significantly impact your quality of life and the property's resale value. Look for a house in a safe neighborhood with good schools, access to…

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Welcome to affordable living at Greenwood Village, a well-managed mobile home park!

This 3-bedroom, 1,152 sqft single-wide home is close to everything, with the Farmer's Market at your doorstep and Winsport, and Trinity Hills box stores just across the road. The home has been well maintained and features many upgrades, including new windows and new shingles approximately 2 years ago. The new wide plank flooring adds both style and easy maintenance. An added-on, unheated porch with a wheelchair ramp provides additional space and convenience. The home also includes a nice-sized yard, two sheds, and double tandem paved pad parking.

All furniture in the house and items in the sheds are included and sold "as is". The fantastic master bedroom…

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Attention all builders and investors! Here's your chance to own an older raised bungalow on a massive 50x125 R-C2 lot located on picturesque Bow Crescent.

The lower level features a grandfathered non-conforming 3-bedroom suite with a separate entrance, separate electrical and gas meters, self-contained laundry, and large bright windows. The main level boasts 3 good-sized bedrooms, kitchen with patio doors to a balcony, and self-contained main laundry. Some cosmetic TLC is needed as the upstairs tenants have resided there for over 37 years. Both upstairs and downstairs tenants are on a month-to-month tenancy and wish to stay. Each tenant pays their own utilities.

The property also includes a massive 31 ft x 26 ft newer triple detached garage,…

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