Real Estate | Page #57

Real Estate

Are you ready to own a brand new home? 

Welcome to "High on the Hill," two spectacular south walk-out lots in Montgomery! With sunny, open floor plans in these semi-detached homes, they are going to sell quickly. Act now!

These two properties are currently under construction and are anticipated to be completed by April 30th, 2018. Because they are still being built, you have a chance to choose colors, flooring, etc. Skip the messy parts about building a home! Simply have your say on finishing touches and move into a gorgeous infill in the great community of Montgomery. 

These properties are being built by a high-quality infill builder. The measurements are from floorplans supplied by the builder; RMS will be calculated once the drywall is…

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We are committed to keeping our valued clients informed on what is happening in the Calgary real estate market. An informed buyer, seller or investor is a better buyer, seller or investor. Understanding the market allows you to make decisions that are educated and strategic. Remember that we are with you every step of the way: if you have any questions, comments, concerns or suggestions please let us know. You can call us directly at 403-630-6363 or email us at team@kenrichter.com

As real estate agents in Calgary we are members of CREB®, the Calgary Real Estate Board. They are a great resource for us and anyone looking for information on the market. Each month they post the statistics from the market the previous month, which we always do a summary of…

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This 2 bedroom, 1 1/2 bathroom corner unit sits on the 19th floor in the wonderful Point McKay area. The bright kitchen and open living room make this condo feel fresh, clean and modern. This unit is currently rented on a lease for $1600/month until June 2018. The buyer can assume the tenants and take immediate possession. 

The views from this condo are incredible. Breathe easy as you take in the Bow River escarpment, the downtown core twinkling from afar. The large windows in every area of the house and a corner wrap around porch give you the perfect place to gaze out over beautiful Calgary. 

This condo has underground heated parking and a car wash. You receive a separate storage locker and mailbox, giving you security and privacy. With 24 hour…

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Last night "approximately 125 people were forced out of a building in Kensington ... after it was determined it was at risk of collapsing... Residents at Kensington Manor had only 15 minutes to gather their belongings before leaving" (Global News Calgary). As the tenants and landlord of this building grapple with this potentially devastating situation, we are all reminded that renting is not always picture-perfect. 

Many people pursue investment properties that they can rent as a form of supplementary income. Real estate is a wonderful place to invest your money and (potentially) see a massive return. However, renting a property is not as simple as finding a tenant and signing a lease. 

Others turn to rental properties as a place to live before they…

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CREB®, the Calgary Real Estate Board, did not have the best news to share during October's market statistics summary. 

October’s housing market conditions closely echoed previous month’s trends with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.

So what exactly were the stats? Here are some highlights to know:

  • October Sales: 1,467 units
  • Inventory: 6,463 units
  • Most Inventory: Detached homes under $500,000
  • City-wide Unadjusted Benchmark Price: $438,900 (this is 0.6 % below last month)

CREB® chief economist Ann-Marie Lurie says, "while economic activity has improved in 2017, it will take some time for this to…

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We love working with this builder because their properties are always crafted with the highest quality of care. 4739 22 Avenue is no exception.

This two story home will have you releasing a breath you never realized you had been holding. The open-concept property has a fully developed walk-out that leads to dramatic south valley and mountain views, giving you room to breathe and truly relax.

With approximately 2,500 square feet of development that includes four bedrooms and three and a half bathrooms, one of which is a five piece master ensuite, living space is plentiful. This property boasts a gorgeous contemporary kitchen with quartz counter tops, a gas fireplace in the living room, huge windows and two sets of glass sliding doors that open up to…

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The end of 2017 may be swiftly arriving (yikes!), but you still have plenty of time to list your home with Team Ken Richter. Our website has a lot of extremely helpful resources for potential buyers, because we know that a successful buyer is an educated buyer.

There is a lot of information to carefully learn and consider before you decide to search for a new home. Not sure where to start? Here is our recommendation: 

1). Visit our Buyer's Guide and fill out the form on the page. Let us know what you are looking for and any questions you may have. One of our agents will be in touch to give you all the information you need. No pressure, no hassle, just help. 

1). The Buyer's Guide is also full of helpful links to things such as our home finder,…

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Building a home is a rather dreamy process. You get to pick where exactly to build your home and what it will look like. You finally have an excuse to be on Pinterest all the time, searching for décor and design ideas. You will be the first-ever owner in a home truly customized to your every desire. Sounds wonderful, right?

For those who can afford to build a new home from scratch, the process can be very rewarding. However, it often involves unexpected expenses, long wait times, stressful decisions and inevitable compromise. Lucky for you, there is another option for people wanting a brand new home: spec homes. 

Spec homes are built and designed by a contractor, not due to a contract with a buyer to build a home, but in hopes of finding a buyer to…

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Good news, Calgary! Gains in the real estate market for the first half of 2017 have bumped sale levels 7% higher than last year!

Inventory levels rose to 6,861 units in September. While this increase was seen across all the different property types, attached homes and apartments saw the largest increase. CREB® chief economist AnnMarie Lurie reported:

“The recent rise in inventories is preventing further price recovery as sales activity has moderated over recent months. This does not come as a surprise as sales activity is expected to remain modest by historical standards until more substantial economic improvements take hold. Some may consider this a setback, but it is important to note that recent movements are balancing out the higher than…

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This brand new infill was custom built by a high-quality craftsman. 

The intricate, detailed, open-concept two story features a fully developed walk-out with dramatic south valley escarpment and partial mountain views. Approximately 2,500sqft of development, 4 bedrooms & 3.5 baths. The main floor features a gorgeous contemporary kitchen with quartz counter tops, a gas fireplace in the living room, huge windows and two sets of glass sliding doors opening to sunny south facing rear deck & patio areas.

The upper level boasts 3 large bedrooms. Enjoy the amazing south views from the master bedroom with a walk-in closet, a spa like 5 piece master ensuite and upstairs laundry!

Natural sunlight floods in the fully developed walk-out, featuring ruffed in…

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