Calgary Bowness Montgomery Real Estate Home News - Ken Richter's Blog | Page #20

Winter is coming...

Next week Calgary is expected to receive its first major snowfall! The first snow of the year always leads to chaos on the roads. Here are some tips for navigating extreme weather conditions:

  • Set Up a Block Heater: "Cold weather can weaken your battery, making it harder to start your vehicle. Keeping your block heater plugged in when temperatures drop below -15°C can make a huge difference" (AMA).
  • Invest in Winter Tires: "Winter or snow tires are specially designed for the low temperatures and snowy and icy conditions we experience in Alberta. They provide better traction than regular or all-season tires. All tire rubber stiffens as the weather gets colder, but the latest generations of winter tires maintain their…

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Attention Builders and Investors!

Prime inner-city location perfect for your next development project! Whether you're envisioning a mixed-use commercial and residential building or an owner-occupied business space, this opportunity is not to be missed.

Key Features:

  • Two Adjacent Lots: Sold together, offering a combined 100 feet of frontage by 130 feet deep, totaling 13,000 sqft.
  • Zoning & Height: Allowable contextual height of 15 meters, ideal for a mixed-use development.
  • Current Revenue: Two on-site properties generating $6,300/month, making it a great income source or holding property while awaiting building approvals.
  • Location Highlights: High-visibility traffic area with transit at your doorstep, close proximity to shopping,…

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Attention Builders and Investors!

Prime inner-city location perfect for your next development project! Whether you're envisioning a mixed-use commercial and residential building or an owner-occupied business space, this opportunity is not to be missed.

Key Features:

  • Two Adjacent Lots: Sold together, offering a combined 100 feet of frontage by 130 feet deep, totaling 13,000 sqft.
  • Zoning & Height: Allowable contextual height of 15 meters, ideal for a mixed-use development.
  • Current Revenue: Two on-site properties generating $6,300/month, making it a great income source or holding property while awaiting building approvals.
  • Location Highlights: High-visibility traffic area with transit at your doorstep, close proximity to…

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Early winter often goes overlooked as a prime time for purchasing a home in Calgary, Alberta, but savvy buyers know it offers many unique advantages. Here is why you should consider making a move during this quieter season:

  1. Sellers Are Extra Motivated: Sellers with homes on the market in early winter are often more motivated to close a deal quickly—whether due to job relocations, tax purposes, or the desire to move before the holidays. This motivation can translate to better deals and flexibility on closing terms and dates.
  2. Year-End Tax Benefits: Closing on a home before the year’s end allows buyers to take advantage of mortgage interest and property tax deductions when filing taxes. There are also some lucrative tax breaks for selling at…

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Remembrance Day is Monday, November 11th.

On the 11th day of the 11th month at the 11th hour, Canadians will stop what they are doing and partake in two minutes of silence to remember those who made the ultimate sacrifice for our country.

Why this day? It marks a very important day in Canadian history: November 11th, 1918, when "the Armistice was signed and the Canadians took part in the triumphant entry into Mons, Belgium," marking the end of World War I (veterans.gc.ca). 

Remembrance Day does not only commemorate World War I; it commemorates all wars, big and small, all veterans, past and present, and all Canadians who have been affected by war in any way. It is so important to remember the sacrifice of those who have gone before us to…

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Every month the Calgary Real Estate Board releases a report detailing what has been happening in the real estate market. These reports provide valuable information to sellers, buyers, and investors alike. Real estate requires strategic decision making, so staying informed is crucial to ensure you are making the best moves possible.

Here are the highlights from The The Calgary Real Estate Board's market report for October 2024, which you can read in full by clicking here:

  • "Sales gains for homes priced above $600,000 offset declines at the lower end of the market," (CREB).
  • "As of October, 4,966 units were available, a significant improvement over the near-record low of 3,205 units reported last October" (CREB).
  • "The inventory composition…

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Check out some of the fun events happening this month in Calgary!

November 3 Daylight Saving Time Ends
November 8 Diwali Dhamaaka: Dinner and Dance Gala
November 9 The Price is Right Live
November 11 Remembrance Day
November 14 Sarah McLachlan: Fumbling Towards Ecstasy
November 16 Jerry Seinfeld Live
November 16 Bruce Springsteen and the E Street Band
November 21 Top Talent Wrestling
November 22 Locked Library: Force of Nature
November 23 A Heebee Jeebees Christmas
November 23 Shepard of The Hills Lutheran Church Christmas Tea & Bake Sale
November 29 The Candy Cane Gala
November 30 Hyprov: Improv Under Hypnosis

Let us know what you're most looking forward to in the comments below!

(Image via Canva)

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Navigating the Canadian real estate market involves more than just finding the perfect property. You also need to understand the financial responsibilities tied to property ownership, such as property taxes. As a homeowner in Canada, comprehending the intricacies of property taxes is crucial. Here are some notes to get you started:

  1. Property Assessment: Property taxes in Canada are based on the assessed value of your property. Municipalities assess properties periodically to determine their market value. The assessment is a key factor in calculating property taxes.
  2. Municipal Jurisdiction: Property taxes are administered by local municipalities, which use the revenue to fund services such as schools, roads, garbage collection, and public…

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Halloween is right around the corner, and if you’re scrambling to find a costume, don’t worry—you’re not alone! There’s still time to put together something fun, clever, and unique without a trip to a crowded costume store. Here are some last-minute Halloween costume ideas that you can create with items you likely already have at home:

  • Cat Lady: "Put your favorite old stuffed animals to good use, by toting around one (or many) stuffed cats. You decide what kind of clothing from your closet gets you the "lady" part of the equation" (Real Simple).
  • Rancher: "We can’t get enough of Yellowstone, and bonus—stealing any of the characters’ looks make for super easy Halloween costumes! Just pair your favorite jeans with a flannel shirt and a cowboy…

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Welcome to this pristine, meticulously maintained family home on a quiet street in the heart of Bowness!

Pride of ownership shines through in every detail of this extensively updated property. Offering a total of four bedrooms and two fully renovated bathrooms, this home features beautiful hardwood and tile flooring throughout the main floor, a spacious country kitchen, and custom space-saving barn doors—all enhanced by a bright, open floor plan. The fully developed lower level boasts a newer gas fireplace feature wall in the family/recreation room, two well-sized bedrooms, and a modern three-piece bathroom with a walk-in shower.

Updates include newer windows, a high-efficiency furnace, a hot water tank, central air conditioning, a 100-amp…

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