Real Estate | Page #42

Real Estate

Be prepared to be wowed!! Please view the 3D tour & legal survey(RPR) in supplements.This estate legacy river property is the first time offered for sale!! Secluded very private and exclusive lot offers over a full acre 72x562ft deep lot backing onto the high water mark(no bike paths behind you) of the Bow river & Bowmont Park beyond.

The solidly built sprawling well preserved ranch style bungalow features 3 bedrooms, 2 1/2 baths, formal dining room, large great rm c/w gas fireplace and a separate family rm upstairs. The lower level is basically undeveloped featuring a massive 49ft long recreation room & sauna. Patio doors lead you to a very private patio & then down to your own secluded ravine fire pit area, its an amazing outdoor playground…

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As the economy is preventing more buyers from owning their own home during these unprecedented times, many are turning to rentals for a place to live. Despite facing their own challenges, landlords in Calgary, Alberta are hoping to capture this market. 

Being a landlord is a fantastic side-business to have, because it allows you to make the most out of the property (or properties) that you own. Renting out space to a tenant is an excellent way to pay off your mortgage, make extra money for other endeavors, and keep your property occupied and, hopefully, well looked after. There are downsides to being a landlord too, but here are three tips for renting out your home: 

  1. First you need to make sure that the space you want to rent is habitable.…

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**Attention investors** Tenants are in place and are on leases until next year!! Current rents are $900 plus 60% utilities upper and lower is $600 plus $40% utilities.

Three bedroom Bilevel 1/2 duplex plus a lower illegal one bedroom suite down. Very quite crescent location backing onto a natural hillside reserve. No condo fees and rents go right into your pocket after taxes and insurance. Close to all amenities and transportation. 3 schools are within a short walk. Two hospitals and U of C are five minutes away, a short commute to downtown and easy access west to the mountains! Priced for an immediate sale!

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The Calgary Real Estate Board has released the Calgary housing market statistics for the month of April. The biggest takeaway is that coronavirus put everything on hold, including the real estate market. Here are some highlights from the Calgary Real Estate Board’s report:

“April sales hit 573 units, a decline of 63 per cent over last year… Sales activity eased across all price ranges, but the largest declines were for homes priced above $600,000. New listings this month totaled 1,425 units, a decline of 54 per cent compared to last year. Inventories also declined, but with 5,565 units available, they remained high enough to push the months of supply above nine months.” - Calgary Real Estate Board April Report

“The decline in home sales does not…

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Flipping homes refers to the practice of purchasing a house, completing necessary renovations, and then selling it for a profit. Many people attempt to do this and are unsuccessful, because there is a lot of risk involved. Buying a home is typically the biggest financial investment a person makes. Buying a home and hoping to flip it for a profit in a short amount of time is risky, but can have major payoff. Just look at all the shows on HGTV!

If you're considering trying to flip a home, here are some tips:

  1. Work with your local professional real estate agent--me! You need an expert to help you navigate the process of buying a home, since resale is an incredibly important factor. I can help you find a property that you can eventually sell for…

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March was an interesting month for the Calgary real estate market. It started off strong, but like everything else in our world, was significantly impacted by the new coronavirus pandemic. Here are the highlights from the March 2020 Calgary Housing Market Statistics provided by the Calgary Real Estate Board:

  • "March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This had a heavy impact on businesses and employment." - CREB® 
  • “This is an unprecedented time with a significant amount of uncertainty coming from both the wide impact of the pandemic and dramatic shift in the energy sector. It is not a surprise to see these concerns also weigh on the…

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Legacy estate lot listed by the 2nd owner!! Very, very rare 100ft river frontage, 293ft deep, over 2/3 of an acre on beautiful Bow Crescent! This area of Bow crescent DID NOT flood & remains a highly desirable building lot or subdivide & build two estate homes.

The rarity of these lots you own title right to the waters edge or "high water mark"!! These exclusive deeded lots were created prior to the early 1900's right to the water act enabling the owners to own right to the high water mark of the river creating very very private estate lots!! The beautiful nature park, Bowmont Park, in all of it's natural splendor is directly behind & across the river creating a wildlife extravaganza! Gaze up the river from your new home in this very exclusive…

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Once again I am proud to announce RE/MAX Real Estate (Central) and my Individual Professional Accomplishments for 2019:

RE/MAX REAL ESTATE (CENTRAL) 2019 Achievements:

  • #1 RE/MAX Office in the World for Total Real Estate Sales Volume
  • Top 3 Contributing RE/MAX Office in Western Canada for the Children's Miracle Network program

KEN RICHTER 2019 Achievements:

  • The #1 Selling Bowness and Montgomery Area Specialist for over 25 Consecutive Years*
  • Top 3 Individual Agent** at RE/MAX Real Estate (Central), the #1 Total Sales Volume RE/MAX Office in 2019**
  • Top 75 Individual Agents in all of RE/MAX Western Canada**

*based on number of closed transactions **based on sales volume

THANK YOU to all of my valued clients. Your…

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Montgomery goes upscale... Modern! Brand new 4 townhomes for sale attracting a fast paced carefree urban lifestyle! Approximately 1700sqft of upscale total living space. Amazing amount of large windows flood sunlight into all rooms of this four unit Chic Modern trending townhouse units.

Total of three bedrooms,3 & a half bathrooms(2 ensuites),cozy gas fireplace in living room, quartz counters thru out,lower recreation/media room, 3rd bdrm & 4-pce bath.High end $7000 appliance package as similar to show suite.All window treatments included in this turn-key development.All units have patio/deck areas!! Quiet trending NW inner city area close to shopping, local high end restaurants,only a short commute to downtown, U of C, 2 hospitals only mins away &…

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The Merriam Webster Dictionary defines downsizing as "undergoing a reduction in size." Downsizing is sometimes used as a negative--a company may let go employees when forced to downsize due to a bad bottom line--but sometimes used as a positive--like when we clear out the clutter in our life. There are also positives and negatives when it comes to downsizing our home.

Buying a smaller home can be as liberating as it is hard work. However, if it is what is best for you and your family, it is worth it. If you are contemplating downsizing to a smaller home, make sure you think through the following carefully.

Positives to Downsizing:

  • Home maintenance ease (both indoors and outdoors).
  • Fewer Home Expenses
  • Investment Diversification &…

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