Real Estate Blog - Ken Richter

JUST LISTED: 5910 Bow Crescent NW

Welcome to one of the last remaining homes from the 1940s on the prestigious Bow Crescent! These rare estate lots, each over one-third of an acre, are highly coveted and offer a glimpse into Calgary's history.

This property boasts an exceptional location on Bow Crescent, featuring a meticulously maintained, mature treed lot that extends 330 feet deep. Surrounded by several multi-million dollar homes, this lot is primed for the construction of a new dream home. One of the most captivating features of this lot is its gentle slope leading down to the water's edge, with ownership rights extending to the high water mark of the river bank.

The charming 1945 two-bedroom house on the property is in impeccable condition, having been lovingly preserved…

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JUST LISTED: 4645 83 Street NW

Welcome to a meticulously maintained, owner-occupied, fully developed bi-level half duplex boasting a total of 4 bedrooms plus a den, nestled on a serene street in the heart of Historic Bowness!

The long-time owners are ready to part with their cherished home, offering over 1,700 sqft of total living space that exudes pride of ownership. This home has been lovingly maintained and updated over the years. The main floor features a spacious country kitchen and a separate dining area. Patio doors lead to an expansive front balcony, perfect for enjoying the outdoors. A cozy wood-burning fireplace with a gas lighter graces the living room. The main floor also includes convenient main floor laundry and two large bedrooms.

The fully developed lower…

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Valentine's Day Ideas for Everyone

Sound the alarm! Valentine's Day is TOMORROW, so mark your calendar! While some people do not like Valentine's Day, brushing it off as a Hallmark Card holiday, we always appreciate an opportunity to show people we love them. Here are some ways to spread  love to everyone in your life this Valentine's Day, regardless of your relationship status: 

• For your Coworkers: Nothing says 'I Love You' at the office quite like a box of Tim Horton's Donuts and fresh coffee. It is a classic Canadian gesture and will be sure to have the break room raving.
• For your Family: Most families appreciate nothing more than quality time. Carve out an evening to get together for dinner and board games, or to watch the big game. Being in each others presence is…

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Renovation Ideas to Increase Your Property's Value

Renovating your property is not only a way to enhance your living space, but also a strategic investment to increase its value. If you're looking to sell now or in the near future, making sure you home is still attractive and trendy is important. Strategic renovations can significantly impact its market worth. Here are some renovation ideas to consider:

1. Kitchen Remodel: The kitchen is often considered the heart of the home and a focal point for buyers. Consider updating cabinets, countertops, and appliances for a modern look. Adding a fresh coat of paint and new fixtures can also breathe new life into the space.
2. Bathroom Upgrades: Bathrooms are another area where renovations can add value. Consider upgrading fixtures, installing a new vanity,…

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January 2024 Calgary Real Estate Market Update

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

• "January sales rose to 1,650 units, a significant gain over last year's levels" (Calgary Real Estate Board).
• "[There were] new listings totaling 2,137 units in January. New listings rose for homes priced above $300,000, but the largest gains occurred for homes priced above $700,000" (Calgary Real Estate Board).
• "With 2,150 units in inventory, levels are near the January record lows set in 2006 and are nearly 49 per cent below the long-term average for the month" (Calgary Real Estate Board).
• "The months of supply in January was 1.3 months" (Calgary Real Estate Board).
• "The unadjusted benchmark price…

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February 2024 Calgary Events Things to Do YYC

It's the month of love! Check out some of these fun events happening around the city:

February 1-10 Winter Sleigh Rides at Boundary Ranch
February 1-24 Curling at St. Patrick's Island
February 1 - March 1 Hygge Hut
February 9-10 2024 Snow Rodeo FIS Snowboard Halfpipe World Cup
February 10 Lunar New Year
February 14 Valentine's Day
February 15-18 2024 ISU World Speed Skating Championships (Single Distance)
February 15-17 Block Heater
February 16-25 2024 Scotties Tournament of Hearts
February 16-March 16 Storybook Theatre Presents: A Wrinkle in Time
February 17 Films at the Fort: When Harry Met Sally
February 19 Family Day
February 19 Family Day at the Military Museums
February 27-March 2 2024 Special Olympics Canada Winter Games

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Ken Richter 2023 Award - Thank you!

Thank you to all my valued clients! Looking ahead to 2024, we express our sincere gratitude for the trust you have placed in us. Your loyalty and continued support are an integral part of my continued success as a 2023 Year-End "Top 6" Individual Real Estate Agent at RE/MAX Real Estate (Central), the #1 Selling RE/MAX Office Worldwide for 25 Years! As always, your referrals of family and friends are truly appreciated! KEN RICHTER Awarded "Top 6" 2023 Top Producing Individual Agent RE/MAX Real Estate (Central) #1 RE/MAX Office Worldwide for 25 years! Your Calgary, Bowness & Montgomery REALTOR® Ken Richter

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Tips and Pitfalls of Investing in Vacation Rentals

Everyone loves a vacation home! And investing in one can be an enticing and lucrative venture. Passive income and landing pad for vacations? What a great combination. However, like any real estate investment, success requires careful planning and consideration of potential pitfalls. Here is the inside scoop: 

TIPS TO TRY:

•  Research the Location: Choose a location with high demand for vacation rentals. Consider proximity to popular attractions, accessibility, and the overall appeal of the destination to ensure a steady influx of potential guests. While you may love vacationing in the area, would other people? If your goal is to use this as a rental property for others, it needs to be somewhere that is desirable without your own personal…

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The Calgary Real Estate Board 2024 Market Forecast

Every year the Calgary Real Estate Board (CREB®) announces their forecast for the Calgary real estate market. This is such informative, valuable information for you to have as a buyer, seller, investor, or window-shopper. Real Estate is a major financial investment, so you want to ensure you go into any kind of transaction with eyes wide open. Here are some of the highlights from their report, which you can read in full by clicking here:

• "Rising lending rates have had a notable impact on the housing sector, prompting potential buyers to search for more affordable housing options"
• "Supply remains an issue this year, but gains in new home starts and new listings are expected to support some modest gains"
• "Supply growth is anticipated to be…

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NEW LISTING: 8019 33 Avenue NW

Here's an exceptional find for you – "A Country Estate" in the heart of the inner city! This four-bedroom, fully developed bungalow has undergone a comprehensive top-to-bottom renovation, inside and out, situated on an expansive, nearly half-acre lot backing onto a very private and heavily treed hillside reserve.

Discover the rarity of an essentially brand-new home on a magnificent 70x300ft south-facing rear lot, nestled in a serene enclave of Bowness. With over 2,800 sqft of luxurious living space, this home boasts four bedrooms and three and a half bathrooms. The chef's dream kitchen, a custom design by the esteemed cabinet maker Custom Edge Finishing, features quartz counters, a solid quartz backsplash, a large center island, and a new double…

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