Common Mistakes to Avoid When Selling Your Calgary Home

Even people who have been selling Calgary homes for decades still make mistakes. Often, these crucial mistakes unable them to find people who are willing to purchase their home at desired price. These mistakes have to be avoided at all costs.

Here are some of the most common mistakes committed – mistakes that you should try your best not to commit when selling your Calgary home.

Showing bad photos

Many people look to listings on the newspaper, on the internet, or other such sources for information regarding properties for sale. When putting up an advertisement, it is best to put in the best photos possible. Using a high end camera or hiring a professional photographer to take...

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The Calgary Real Estate calls it a bumpy road to recovery, and that was certainly evident in looking at what happened last month in our city.

February 2018 Stats

Sales of residential  properties dropped in February by 18% over 2017.  That’s a huge dip from last year.  But thankfully, we didn’t see an equally drastic decline in home prices.  We were fortunate in that we didn’t get the usual number of new listings last month which helped to keep prices on an even keel.   The current supply of homes for sale in Calgary sits at about four months.  Days on the market is another step back, at least from this time last year.  It’s gone from an average of 48 days to 51....

There’s no stopping urban renewal the Calgary real estate scene.   Old makes way for new and many established neighbourhoods are experiencing a renaissance.  The demand for new, modern homes for sale in inner-city neighbourhoods grows every day and there are so many reasons why.

From a zoning point of view, the City of Calgary’s sustainability plan dictates that developers create residential density.  Housing people along transit corridors and within walking distance to work and essential services is good for the environment and creates healthy communities.  Part of the plan was to stem the flow of suburban sprawl, as Calgary is one of the largest cities in North America per square kilometre but without the population to warranty such a...

We’re not immune to disasters in (think 2013) but we are so lucky we don’t have mud slides or wildfires that send us fleeing from our homes in Calgary in the middle of the night.  Whether you were an unfortunate victim of flooding early five years ago, or if you watch the nightly news with trepidation and empathy, we are all thinking about what’s important.  Real estate is important – possessions are important and we all go to extraordinary lengths to protect our assets.   If you own investment properties in Calgary, there are a variety of things to think about when it comes to mitigating damage – no matter how minor. 

If you are a landlord with rental property in Calgary, or if you are a renter in Alberta,...

While drilling down into some of the new statistics that the Calgary Real Estate Board recently released, we discovered something very interesting.   The district of Calgary West  which is loosely defined as everything west of Crowchild Trail, north of Glenmore Trail/Highway 8 and south of the river or Trans-Canada Highway, is one of the city’s most stable market areas. That’s in all housing types, from single-family to attached, town homes and condos.  Calgary West showed the strongest annual growth in 2017 with only City Centre to look up to.

The Proof is in the Numbers

As the following chart will show, the communities in Calgary West survived the recent downturn as the best for single-family homes and was the runner-up for apartment condos. ...

One day it’s plus 10, then next it’s minus 25 and let’s not even discuss the ice that builds up during this melt/freeze cycle.  No wonder we feel the urge to leave our Calgary home and find some nice real estate in the sun.

While we may entertain the idea of buying a second home, especially when we’ve just come back from comfy VRBO property in a hot southern locale, turning that dream into a reality is possible as long as you give it proper thought.  We’ve “been there” and helped clients who have also “done that” with very positive outcomes, so let me share some advice with you as you do some deep thinking about your next real estate move.

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We think it’s going to be a fairly decent year for real estate in Calgary.

This morning was the annual Calgary Real Estate Board’s Forecast Breakfast and whether the market is up, down or sideways we always come away with renewed vigor and optimism about how the year is going to go.   And today’s event was no excpetion.

CREB always likes to be cautiously optimistic and has announced that 2018 will offer its share of challenges.  The road to economic recovery continues to be bumpy – nothing is happening overnight – but there’s every indication that we can safely adopt an optimistic attitude.

The Short Term

Over coffee and dainties this morning, we heard from Ann-Marie...

 As the make-up of today’s families change so does the way families live in our city and the type of real estate purchased in Calgary.  Hence the rise of homes with duo or double master bedrooms.  Lifestyle often dictates architectural style and that’s what we’re beginning to see in Calgary homes. 

Why They’re Referred to as Master Bedrooms 

Looking back through history, the largest and grandest chamber or bedroom in a home, was used by the owner or master of the estate.  The French term was “chambre des maitres”.    The term when applied to new home construction really came into its own in the 1920s, when houses in urban neighbourhoods began to feature one bedroom that was larger than the others in the home, with larger closets and often,...