Real Estate | Page #10

Real Estate

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

  • "March sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends" (Calgary Real Estate Board).
  • "While new listings did pick up over last month, the 3,172 units were still below what we typically see in March" (Calgary Real Estate Board).
  • "Months of supply fell below one month" (Calgary Real Estate Board).
  • "Inventory levels have declined across properties priced below $1,000,000, with the steepest declines occurring for homes priced below $500,000." (Calgary Real Estate Board).
  • "The unadjusted total residential benchmark price rose to $597,600" (Calgary Real…

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Welcome to this spacious, renovated bi-level offering over 1,850 sqft of developed living space!

Recently and extensively renovated, this house boasts a total of 4 bedrooms and 2 full bathrooms. Nestled in the heart of Bowness on a large R-CG lot, this well-maintained home exudes charm and warmth, featuring real hardwood floors, an open sun-drenched floor plan with multiple skylights, and a southern exposure rear yard that creates a welcoming ambiance. The massive detached, insulated, and heated 27 ft x 23 ft "mechanics dream" garage with 11 ft high ceilings provides ample parking and storage space.

Conveniently located, this property is close to all levels of schools and offers easy access to the University of Calgary, hospitals including…

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You have likely read before that the spring is a great time to buy or sell a home in Calgary, Alberta. This is a popular phrase many real estate professionals use, and we are here to tell you that the rumors are true! Spring is indeed a great time to buy or sell a home. Here are some of the reasons why:

For Buyers:

  • Many homes get listed in the spring, which means you need to be ready to scoop up a great property before it is sold. With such a competitive market right now, buyers need to be one step ahead of everyone else in order to secure a property. Contact Team Ken Richter today to get poised to buy!
  • The weather is better! Simply put, it is easier to navigate going to viewings, booking inspections, and more when the weather is nice. As…

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As the flowers bloom and the weather warms, it's not just nature that's getting a fresh start—homebuyers are also on the lookout for new beginnings. Spring is an ideal time to sell your home, and a thorough spring cleaning can make your property even more appealing to potential buyers. You're going to want to clean it either way, so here are some tips to help give your home a fresh start:

  1. Declutter! Start by decluttering every room in your home. Remove any items that are not essential or that you no longer use. This includes old furniture, decorations, and personal items. Decluttering will not only make your home look more spacious and inviting to prospective buyers, but it will help you ensure you don't pack up and haul items you don't want in…

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