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Calgary Real Estate & Market Info

Get all kinds of helpful tips and information about Calgary real estate and the market in general. Find out why your property tax assessment, means nothing.

Found 13 blog entries about Calgary Real Estate & Market Info.

I could talk about lighting forever. Natural light in a home is probably one of the most saleable features you can get. This is why the beginning of this step is making sure that when you build or buy a home, you have an eye for light. You can do this by:

  • Increasing windows as big as the builder will allow
  • Choosing a good exposure for your backyard S, SW, SE, and W, and avoiding N, E, NE, and NW
  • Adding transom windows
  • Choosing a layout that maximizes light
  • When finishing your basement, double the amount of lights that you think is appropriate.

The truth is that we have become more and more indoor creatures and people generally like the feeling of a home soaked in light. So buying or building a home with great structure, helps a lot

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Knowing what you can afford compared to what is available is a key part of making the decision of how much to spend on your next Calgary home or condo. A lot goes into making the choice of where and what to buy, but the biggest thing you’ll need to know is what your money can buy. Is it worth it to stretch your budget to get that garage attached in the front? Or is it a little too far out of reach? Find out this quarter’s edition of “How Much Home Can You Afford?”

The examples below apply mainly to Southeast and some Southwest Calgary:

$0-$100,000

Mobile Homes

C3654549 - $79,900, #77 9090 24 St Se, Calgary
C3654549 - $79,900,
#77 9090 24 St Se
C3640090 - $69,500, #101 6220 17 Av Se, Calgary
C3640090 - $69,500,
#101 6220 17 Av Se, Calgary

View all Calgary listings in the $0-$100,000 price range

$100,000-$200,000

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 How to list your Calgary home and get top dollar, while juggling a house full of kids.

house selling tips for parentsWe’ve been spending so much time preparing to list our home in Auburn Bay, Calgary, and the time is finally coming to actually put the thing on the market. In this final crunch time, I feel I have some wisdom to share on how to list your home the right way (ie: in the way that will get you the very highest price possible) when you’re dealing with a gaggle of children.

1) Storage Can: We have one on our driveway (I’m so sorry Auburn Glen Circle…it will be gone in two weeks. Promise!) We’ve been filling that sucker up for months - anything non-essential is getting tossed in, which means less clutter to clean and less stuff to dust.

2) Bankers Box of Toys: Give

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Property taxesI have written on this topic before, but I just feel I need to come back to it because I hear it over and over again and sometimes I feel as if I am fighting against a tide of unrelenting strength.

Say it with me people:

"My Calgary property tax assessment means nothing"

Nothing. The true market value of your property is as clearly reflected in your most recent property tax assessment as culinary excellence is reflected in a Tim Horton’s BLT. If you’re lucky it MAY get you into the proper $100,000 period.

Your assessment was done by (what I think is a room full of monkeys on typewriters) but is probably a group of unionized city employees who crank out these numbers in a set time frame, and they did it a long time ago. They may have been in

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I’m returning to my fix and flip series. (previous blogs on the topic can be found here, here, here, here and here) I have a few clients coming through the pipes looking for exactly this type of product, and I wanted to flesh out a bit more of what to look for when you’re out to do a fix and flip in Calgary.

A REALTOR

Yah, I know. I hate to be so cliché, but it’s true. A REALTOR is a resource that is free to you when you are buying. We know the ropes, and we know what we’re looking for in a home to flip in Calgary. We can translate your hopes, dreams, and desires into a physical reality. The bottom line is that you’re going to get deluged in information on the internet, and a lot of it is just cr@p. Your agent sorts through all of the

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It seems lately that a vast majority of people I meet out there equate getting a good deal in real estate, with writing a low ball offer. As if the beginning of a good deal always starts with a low ball offer. In some cases this can be true, but in most cases, it’s not. Let’s spend some time today talking about the real estate low-ball.

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The first thing that you have to realize is that real estate has a value, just like any other product on the shelf. Most competent sellers (99.9% of sellers) want fair market value, and there are some sellers who want more. So the first thing we look at when we are buying is what the true value of the property is. When we look at that property we could discover  a seller pricing his or her home at $500,000 and

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flipthishouse_120When you’re doing a flip where you do not live in the property while you renovate, you’re always working against a clock. Every day that you hold the property costs money and eats into your profits. For that reason, it is of vital importance that you create a schedule and follow it closely. Of course we can all make a schedule based on hopes and dreams. It would be nice to have cabinets all in and installed in one day, but realistically, that is very unlikely to be the case. Check with trades, and professionals along the way before you start your flip to make sure your estimates on time are reasonable. I usually tell people to go ahead and add 5% to their best estimate of how long they think it will take from possession to resale, just to make sure they

2,053 Views, 1 Comment

flipthishouse_120Welcome back to our fourth installment of the series I’ve been working on which explores how to do a Calgary real estate flip. As I see it there are three basic kinds of flips which work in this market. Perhaps there are a few different variations of these types, but these are the three main ones. Read through the basic flip stratagies and determine which one works best for your budget, time and availability, and skill set

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Buy Low, Gut, Sell High

Often times real estate does not sell because it is out of touch with its competition. For example, you may have a lonely 1200 square foot house in a high-end neighbourhood of 1900 square foot houses, and buyers just aren’t interested in the tiny house. Perhaps you have a two-bedroom house in a

1,773 Views, 0 Comments