Real Estate Blog - Ken Richter Real Estate

September 2020 Market Statistics Summary

The Calgary Real Estate Board has released their statistics summary giving you the low down on what happened in the real estate market last month in September 2020. If that sounds like a boring read, here is one very important reason why you should care: the people who are most successful in real estate are those that are informed. The information that the Calgary Real Estate Board provides is packed full of details you do not want to miss. Next to your real estate agent, it is the best place to go to learn about the market so you can strategize how to get the most out of buying, selling or investing.

Here are some of the highlights from the September 2020 summary to give you important insight into what October 2020 and beyond could look like: 

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October 2020 Events

Hello, October! While events are slow to pick back up in full swing, a select few are following through while adhering to Alberta Health's strict guidelines. Here are some of the events happening around the city this month:

• October 4: Calgary International Film Festival (CIFF)
• October 9: RBC Live at the King Eddy
• October 10: The Devil's Drive-In Halloween Experience
• October 10: Hotel Balcony Concert Series: Sandman – The Only Sanctioned Metallica Tribute
• October 7: Play The Parks: Calgary
• October 12: Thanksgiving Day
• October 21: BCA Annual General Meeting
• October 24 - 25: Halloween Haunted House 
• October 31: Halloween

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Should You Live in The Suburbs or The Inner-City?

Trying to decide if the suburbs or an inner-city community is right for you? There's lots to consider. 

Here are some of the Pros of living in the Suburbs:

• New homes
• Communities planned out to serve the modern world
• Quiet / Removed from the stress of the city
• Typically populated by younger families

Here are some of the Cons of living in the Suburbs:

• Cookie Cutter homes can lack uniqueness
• Communities in development lack established amenities
• Far from City services such as workplaces and schools
• More isolated community feeling

Here are some of the Pros of living in the Inner-City:

• Historic and unique homes
• Larger property lots with bigger resale value
• Close to all city amenities / well…

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Is Now A Good Time to Sell?

It's the age old question... is now a good time to sell?

This question is constantly on the mind of homeowners on the verge of listing their home for sale. Whether you are ready to upgrade, downsize, or anything in between, for most people selling their current home is a must before they can move onto something else. After all, a house is one of the biggest financial investments you have. Both the release of those funds and the maximization of those funds are essential in making any move a move up, not a step back. 

So, is now a good time to list?

First, take a look at your home portfolio. Trying to sell a home too fast may mean that you'll experience significant loses in value. You may be able to sell your home for $200,000.00, but if you…

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Keeping Your Home COVID-19 Clean

Keeping your home clean is always important, but these days it has gone from a want to a need. The reality is, COVID-19 is still very much present in the City of Calgary. Anytime you leave your home or interact with others you risk being exposed to this virus, which you could in turn bring into your household. At the same time, life must go on. People are returning back to work, schools are open, and it's impossible to completely bubble yourself off from the world. 

Health Essentials writes, "the Centers for Disease Control and Prevention believes the 2019 novel coronavirus is spread primarily when healthy people come in close personal contact with a person who has COVID-19 who is coughing or sneezing (hence, why social distancing is so important).…

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August 2020 Real Estate Market Statistics

The Calgary Real Estate Board has released their monthly Calgary real estate statistics summary, this time for the month of August. Here are some of the highlights from the report that are important for you to know, whether you're looking for a house, own a house, or would like to own a house one day.

• "Total residential sales in August were relatively stable compared to last year with year-over-year gains in the detached and row sectors...With 1,573 sales in August, this is consistent with levels over the past five years. Year-to-date sales activity remains nearly 13 per cent below last year."  - CREB August Report
• "Recent national reports have shown a bounce back to new record levels over the past several months. Calgary has seen…

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September 2020 Long Weekend Staycation Ideas

Like every other long weekend since March, people are looking for staycation ideas where they can get out of the house but keep safe and follow Alberta Health Guidelines. Here are some tips for this September long weekend to help you take a deep breath before school begins: 

The Town of Nanton: "You might also want to consider heading over to Nanton, one of the hidden gems in Alberta. There is a Bomber Command Museum that has beautifully-preserved vintage aircrafts on display. You’ll also want to visit the town’s candy shop which stays open for winter visitors and has sweet treats that you won’t find everywhere" (Calgary Living Magazine). There are also some incredible antique shops in Nanton!

Fairmount Palliser Hotel: "If you’ve ever had an…

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JUST LISTED!!! #2, 4506 17 Avenue NW

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 are included in this turn-key development.All units have patio/deck areas!! Trending NW inner city area close to shopping, local high end restaurants,only a short commute to downtown, U of C & 2 hospitals only minutes away…

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JUST LISTED!!! #1, 4506 17 AVENUE NW

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 are included in this turn-key development.All units have patio/deck areas!! Trending NW inner city area close to shopping, local high end restaurants,only a short commute to downtown, U of C & 2 hospitals only minutes away &…

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September 2020 Calgary Events

As it has become abundantly clear that we still need to take extreme precautions against COVID-19, the events world has gone from cancelling events to making them virtual events instead. This is a great way to keep the fun alive and bring some sense of connection to people during these trying times. Here are some events happening in the City of Calgary--some live, when appropriate, and some virtual, when necessary. September 2: The Blue Jay Sessions: Anniversary Edition
September 4: (exp)lore Premiere
September 5: Garlic Fest
September 7: Labour Day
September 9: United way of Calgary and Area Kickoff 2020
September 12: Hotel Balcony Concert Series: Elton John – The Premiere Elton John Tribute
September 15: The Show Must Go On
September 17: Make-A-Wish…

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