Real Estate Blog - Calgary Real Estate

Bowness Real Estate Community Activities & Developments

There is lots happening in the community of Bowness right now! Here are some of the highlights:

• On December 2nd the Bowness Community Association will be hosting their annual Christmas Dinner. Make sure you have your tickets (note: there is a limit of four tickets per Bowness resident). The BCA is in need of volunteers for this event, which is a fantastic way to serve the community and spread a little Christmas cheer. Click here to find the online volunteer application. Pictured on the right is Ken (far left) and Vivian (far right) volunteering at last year's event!
• On November 25th Bowness is hosting Shop Local Saturday. This event is aimed at showcasing local shops on Main street Bowness and encouraging people to support small business owners.…

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Quebec || Canada 150

Quebec was originally inhabited by the Algonquian, Iroquois, Inuit and Mohawk people. Some of these groups were nomadic, following their food supply. Others, like the Iroquois, settled along the St. Lawrence to farm. When Jacques Cartier arrived in present day Quebec, via the St. Lawrence, the Iroquois met him with furs to trade. This proves that they had contact with Europeans before Cartier. Cartier claimed the land as a French colony, opening the doors for mass European immigration to Canada. 

Quebec City was the first city in Quebec to be established as a permanent settlement, not simply a trading post. It was founded by Samuel De Champlain in 1608, and today is home to some of the oldest buildings in Canada. Although the British eventually seized…

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November Events

Some must-see events this month:

Disney On Ice || November 15th - 19th || $$

• Come see your favorite Disney characters skate in the spectacular Disney on Ice show! Disney presents "Follow Your Heart," featuring characters from films such as Finding Dory, Inside Out, Frozen, Toy Story and more! This family-friendly event is a must see for all die-hard Disney fans.
• More information here. 

Calgary Expo Holiday Market || November 25th - 26th || $

• Brought to you by the creators of the Calgary Comic Convention, this holiday market is about to make all of your nerdy dreams come true. Dress up as your favorite character and check out the "local retailers, vendors and artists [that] sell comics, toys, collectibles and art... [Plus], if you…

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Calgary Real Estate Statistics

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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Listed: 4739 22nd Avenue Northwest

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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There is Still Time to Buy!

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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October Events

Here are some events happening around Calgary to check out this month:

Wordfest Festival || October 9th - 15th || Various Locations || This event is every literary lovers dream come true. Enjoy panels, games and books from over 70 authors and artists as they celebrate the power of words! Avenue Calgary notes, "the highlight of this year's roster will likely be Between the Pages, an event that will gather all five of this year's Scotiabank Giller Prize finalists together." This event combines learning and fun for one incredible week. For more information, visit their website at www.wordfest.com!

Jerry Seinfeld || October 13th-14th || Southern Alberta Jubilee Auditorium || Whether they know him from his hit 90's T.V show, his Netflix special, or his…

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The Value of a Spec Home

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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September 2017 Statistics

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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Just Listed: 2230 47 Street Northwest

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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