Real Estate

Real Estate

The classic saying "location, location, location" is a classic for a reason. The importance of location cannot be overstated; it profoundly influences the value, demand, and potential return on investment of a property. Understanding the role of location in real estate investment is crucial for making informed and profitable decisions in the market. 

So, why is location so important? Here are the top 5 reasons:

  1. Property Value: Location significantly impacts a property's value. Desirable locations—such as those with proximity to amenities, good schools, public transport, and low crime rates—tend to command higher property prices. Conversely, less favorable locations might result in lower property values, impacting potential profits for…

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Attention Builders and Developers

A golden opportunity awaits with the listing of this prime 50x120 R-C2 building lot in the prestigious inner-city community of Montgomery!

The surrounding landscape is witnessing a surge of activity, with several new semi-detached builds currently under construction or reaching the final stages of completion along this avenue. The location is simply fantastic, offering captivating southward views of the river valley escarpment, and it's just a stone's throw away from the natural beauty of Bowmont Park and the off-leash area along the Bow River.

Please note that the existing house holds no intrinsic value, as the services have been disconnected, and it is being sold "as is, where is." However, envision the…

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The stats are in! Here are some of the highlights from the Calgary Real Estate Board's latest report:

  • "... with 2,171 sales, levels were 17 per cent higher than last year and amongst the highest levels reported for October" (Calgary Real Estate Board)
  • " Sales activity has been boosted mainly through gains in apartment condominium sales" (Calgary Real Estate Board)
  • "New listings also improved this month compared to last year, reaching 2,684 units" (Calgary Real Estate Board)
  • "... months of supply [is at] one and a half months" (Calgary Real Estate Board)
  • "The unadjusted benchmark price in October reached $571,600, a gain over last month and nearly 10 per cent higher than last October" (Calgary Real Estate Board)

CREB® Chief…

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Step into a cherished family home that has been meticulously maintained and thoughtfully updated, both inside and out.

This charming 3-bedroom bungalow in the sought-after upper Montgomery area is a testament to pride of ownership. Its exceptional location places you just a stone's throw from Market Mall, a few blocks from the Children's Hospital, and in close proximity to the University of Calgary and the vibrant University district shopping.

A series of valuable upgrades ensures that this home stands out. Newer windows flood the interior with natural light, while a recently installed forced-air furnace and tankless water heater, as well as a modern central air conditioner, enhance your comfort and convenience. The attic has been generously…

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Considering a move to a new location is a significant decision, and it's natural to want to test the waters before taking the plunge. "Putting out feelers" is the perfect approach to explore a new place without fully committing. Whether it's for a job opportunity, a change of scenery, or a fresh start, here are some effective ways to gauge the suitability of a potential move:

  1. Visit Friends and Family: If you have friends or family living in or near your target area, visit them. This allows you to spend time in the area, assess the lifestyle, and gain a better understanding of what daily life is like.

  2. Take a Test Commute: If your move involves a new job, consider taking a test commute. This means visiting the area during rush hour to…

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The way we live in Calgary, Alberta is evolving, and traditional notions of home and community are being redefined. A significant contributor to this transformation is the rise of co-living spaces. These innovative living arrangements offer a unique and appealing alternative to the conventional housing model, catering to a range of lifestyles and needs for many Calgarians. 

So, what is Co-living? Co-living spaces are a housing option where residents share living spaces and often, resources. It's more than just a place to stay; it's a lifestyle choice.. Here are some reasons why co-living is on the rise:

  1. Affordability: The cost of housing in Calgary, like other cities all across the country, has risen. Co-living spaces provide a more…

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Attention Renovation Enthusiasts!

Unveiling for the first time, a fantastic opportunity in one of Calgary's most coveted lake communities - a 1,200 sqft, fully developed bi-level boasting a total of four bedrooms. Located just a stone's throw from the lake, this property is a true gem in a prime location.

The long-time owner has showered this home with love and care, yet it's time for some cosmetic updates to bring out its full potential. Throughout the main floor, you'll find beautiful hardwood flooring, complemented by light oak kitchen cabinets that add a touch of timeless elegance to the kitchen.

As you descend to the lower level, a beautiful brick feature fireplace takes center stage, complete with a wood stove insert for added warmth…

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Attention Builders! Exceptional Development Opportunity Awaits

The seller has given the green light, and the plans and permits are primed for two opulent and prestigious three-story semi-detached infills. Situated on an expansive 50x120 R-C2 lot, this location offers the rare advantage of accommodating front-drive attached garages, as per the approved drawings attached, setting the stage for a truly exclusive development within the area.

Currently, the property consists of an older up/down duplex with two lower illegal one-bedroom suites. While these units are in need of some tender loving care, they continue to generate substantial income while you await the commencement of your new project. (Please note that the pictures were taken when the…

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Here are some highlights from the Calgary Real Estate Board's latest report:

  • "Sales reached another record high in September with 2,441 sales" (The Calgary Real Estate Board).
  • "Year-to-date sales are... nearly 12 per cent lower than last year's levels" (The Calgary Real Estate Board).
  • "The sales-to-new listings ratio [fell] to 76 per cent, preventing further monthly declines in inventory levels" (The Calgary Real Estate Board).
  • "The months of supply has remained relatively low at less than two months" (The Calgary Real Estate Board).
  • "The unadjusted residential benchmark price was $570,300, similar to last month and nearly nine per cent higher than last year" (The Calgary Real Estate Board).

You can read their full report by…

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Endless Potential Awaits!

The owners humbly ask for your understanding as they are currently amidst a move. Brace yourself for an exciting project that's ripe for the taking, ideal for those with a knack for DIY and a vision for transformation. Presenting a fully developed three-bedroom, four-level split in a superb Bowness location.

This 1979 DETACHED infill home is surrounded by all-new infills, creating a dynamic and evolving neighborhood. It's strategically positioned, a mere half block from the Bow River (an area unaffected by flooding), the Bow River pathways, and scenic Bowness Park. As you step inside, you'll immediately notice the main floor's stone fireplace and vaulted ceilings, setting the stage for the many unique features that…

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