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February 2011

Found 13 blog entries for February 2011.

RBC Economics Report

TORONTO, February 24, 2011 – Alberta's housing market officially became the most affordable in Canada in the fourth quarter of 2010, according to the latest Housing Trends and Affordability report released today by RBC.

Thanks to lower mortgage rates and further softening in home prices, RBC's Affordability Measures for Alberta fell yet again in the fourth quarter, by 1.0 to 2.4 percentage points, extending their long strings of declines since late 2007. "Alberta saw a notable downswing in demand for housing last spring and early summer, giving buyers the upper hand and pushing prices down," said Robert Hogue, senior economist, RBC. "Alberta's reign as the most affordable housing market may be short lived, however. Demand has

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Kitchens

Everyone knows that kitchens and bathrooms are the holy grail of home renovations. Not only do they tend to be the most costly, but they also tend to earn the most bang for your renovation buck. This blog is focusing specifically on what renovations are best for resale, so if you're the type that plans to live and die in the home you're in, this may not be the place for you. This largely because renovation for resale will favour compromise over comfort, and neutral over personal. So let's just dive right in.

You have to remember when you're doing the kitchen, that recouping money from upgrades that you put in, can be difficult task, which is why it's important to select finishings at a minimal cost, and be sure that they are

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Introduction

I grew up with parents who loved to buy an older home in Calgary and renovate it. (They were hooked on huge lots in Calgary). I've lived through many renovations as a child, and perhaps that's why I tend to gravitate to Calgary's newer homes, myself. I like the idea of something being move-in ready. However, even in the house that we built in Auburn Bay in 2008, I already want new backsplash and a different tile surround for the fireplace. There's just no way to escape renovations, I suppose, if you're a woman with warm blood running through your veins that calls you in a zombie-like state to the gorgeous patterns and designs you see on HGTV.

Lucky for me, the only place we have cable that would allow me to watch HGTV in our house, is on

1,270 Views, 0 Comments

Somebody asked me yesterday what I thought about a new discount brokerage that came to Calgary. My response was to tell that person that the brokerage in question had my warmest welcome. I believe my answer differs from many agents out there who bluster and blow about discount brokerages. There is room in any market for more competition and if you're reading my blogs, you'll know that I love competition. It's good for the industry and it keeps everyone on their toes, forcing agents to provide better services and to do everything they can to sell your Calgary house or find you that perfect listing on the Calgary MLS.

If there are people out there who want to arrange and run their own showings, do their own advertising, and negotiate their own price, I

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Landscaping and Calgary Real Estate

There are so many options for adding value to Calgary Real Estate, and landscaping is certainly one of them. Without a doubt there is a fine line to walk in landscaping with respect to how much or how little to do. The problem with making a complicated landscape in your home in Calgary, is that roughly half of your potential buyers will love it and half of them will hate it, and when you're selling your home in Calgary, you can't afford to alienate that big of a group. Landscaping can be difficult to maintain and some people (such as myself) have a brown thumb meaning they have a knack for killing plant life.

Less Is More!

  • Low Maintenance
  • Keep it Simple
  • Bushes and trees are good, but keep your
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Know the Facts

The answer, simply, is a resounding, "Yes!" So, many builders out there work so very hard to keep you away from your Realtor, and why wouldn't they?  The problem that Realtors present to builders is that they keep the builders from being the gatekeeper of information and the maker of the rules. Buying a home in Calgary is a complicated thing, buying a new build in Calgary is even more complicated. 

Realtors are there to represent your best interests and translate Builder's documents into plain English so you know what you're getting into.

Did You Know?

Myth: A Realtor may not work with builders Fact: A Realtor may assist in the sale or purchase of any home Myth: I dont need help to buy a new…
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Check it Out!

Last Year Avenue Magazine wrote an article on Calgary's best neighbourhoods. They had a marketing company compile data from its readers to make a comprehensive overview of the best Real Estate in Calgary. I think you'll find this article as interesting as I did. You can see the best Real Estate to own in Calgary by checking out the opinions of Avenue Magazine's readers here  To see the full report of the top 30 neighbourhoods in Calgary, you can access the data here

Have Your Own Opinion? Vote!

To vote for this coming year's survey and make your voice heard, click here! Vote!

Resources

When you're searching for a home in Calgary you may also find these helpful

  • Top 5 Pedestrian-Friendly Neighbourhoods
  • Top 5
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 Quick Recap...

In my last blog, I talked about using most of your upgrade dollars towards structural upgrades. Now if you have limitless funds with which to build a home in Calgary, first of all, you suck and I'm jealous, and second of all, go buck-wild. Upgrade your abode from top to bottom! But if you are like Clint and me, and you have a budget, this series is all about helping you find out how to spend your upgrade dollars on the stuff that will build value in your Calgary Real Estate.

Moving Forward!

feb_6_building_a_house_400

Today's blog is all about the things I could have done without. One such thing is some of the granite and tile work. We probably could have had those things put in after the fact for far less than what the builder was charging. Further, Clint

1,064 Views, 0 Comments

Building a New home with a Builder in Calgary: Choose Your Upgrades Wisely

feb_6_building_a_house_400

Clint and I had a decision to make when we chose our lot in Auburn Bay: we could buy an estate home in Auburn Bay and build it bare bones with no upgrades whatsoever, or we could buy a mid-range home and bling it from top to bottom with upgrades. I'm sad to report that I don't think we made the best choice.

We chose to bling it.

Now I think there is something to be said for blinging it if you don't have a husband or wife who is handy. In that case, it's probably better to let a professional builder put in all your pretty finishing touches. But at the end of the day, I think adding square footage and structural upgrades is where the main portion of your upgrade dollars should

1,584 Views, 0 Comments