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Real Estate Blog

Taking the "scary" out of real estate

Tuesday, May 6th, 2014 at 2:01pm. 463 Views, 0 Comments.

Taking the "scary" out of real estate

 Even homeowners who have moved a few times can be intimidated by the real estate market in general, and the buying and selling process in particular.

 First of all, making a decision to sell your home can be difficult. There are so many questions, such as: 

  • Is "now" a good time to list?

  • How much can you expect to get for your property?

  • How long will it take to sell – and what if it doesn't?

 Then there's the buying and selling process:  

  • How do you prepare your home for sale?

  • How do you find homes that meet your criteria and are within your price range?

  • How do you prepare your home for viewings? 

Yes, there's a lot to think about. That's

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Bathroom upgrades using overlays

Wednesday, April 9th, 2014 at 3:54pm. 475 Views, 0 Comments.

If you're considering a bathroom update, you're probably familiar with the

typical approaches, such as replacing a countertop or toilet, or removing all

the fixtures and finishes to complete a floor-to-ceiling renovation.

However, there is another, far less expensive way to make an older

bathroom look brand new: using overlays.

An overlay is simply a new surface applied over an existing one. For

example, instead of replacing an old and worn bathtub – which is costly –

you can purchase an overlay system (called a tub liner) that fits on top of

the existing bathtub. It's a little like giving your tub a facelift!

You can do the same thing with your bathroom countertops and floors.

Overlays come in a wide variety of styles and

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Getting the most from an Open House

Wednesday, April 2nd, 2014 at 2:00pm. 517 Views, 0 Comments.

Have you ever attended an "Open House" advertised in your area or in a

community you like? Most people have. Even if you're not serious about

moving, viewing a few properties in a neighbourhood you like is a great way

to get a sense of the market.

Who knows? You might stumble upon your next dream home!

To get the most out of an open house, follow these guidelines:

• Most open houses will have a handout available containing the list

price and other property information. Be sure to keep a copy.

• Don't just view the rooms. Explore the entire property, including the

backyard.

• Don't be shy about asking the listing agent (or whoever is hosting the

open house) questions about the property.

• Ask about the area. Are there

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Rise in new listings prevents further tightening in the resale market

Thursday, October 3rd, 2013 at 3:24pm. 422 Views, 0 Comments.

Calgary residential sales totalled 1,923 units in September, 19 per cent higher than last year and 14 per cent higher than long-term averages for the month.

The impact of the floods likely boosted sales throughout July and August, and it appears as though some of that additional demand is starting to ease. Nonetheless, sales growth remains strong, in part because migration has been stronger than anticipated and rental product is in short supply.

As Calgary’s market remains in seller’s territory, a notable shift is occurring with new listings. While monthly levels of new listings have been declining since 2011, over the past three months the levels of new listings have improved. The growth was not enough to cause any significant changes in inventory

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Recognizing potential major expenses in a new home

Tuesday, March 5th, 2013 at 9:01am. 629 Views, 0 Comments.

When you see a new home you like on the market, it's easy to get distracted by all the features you love – the wrap-around backyard deck or the spacious rec room with plenty of space for entertaining. You just need to make sure that in all that excitement you don’t overlook any expensive maintenance issues that could be just around the corner.

Nothing lasts forever. The major components of every home – from the furnace to the roof shingles – need to be replaced eventually. Knowing when such maintenance issues are likely to arise can help you make a smarter decision about the home you're considering.

How do you do that?

When viewing a property, ask for the age of the major components of the home, such as the roof shingles, furnace, air

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Should You Buy the "Less Than Perfect" Home?

Thursday, February 28th, 2013 at 9:54am. 676 Views, 0 Comments.

When you’re shopping for a new home, you want to find a property that has

all the features and characteristics you want. A large deck surrounded by

picturesque landscaping ... a beautiful kitchen with gleaming marble

countertops... a cozy finished basement with fireplace....

You should look for the ideal home. You deserve it! But some home buyers

make the mistake of becoming fixated on finding the "perfect" property, and

passing too quickly on those homes that don't quite measure up.

Why is that a mistake? Because some of those less-than-perfect properties

have the potential of becoming your next dream home.

First of all, a home that is lacking some desirable features, such as a

finished basement, will probably cost less.

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Calgary Housing Market as of January 2013

Tuesday, January 29th, 2013 at 2:23pm. 578 Views, 0 Comments.

Calgary Housing Market Stats

Summary of Calgary Housing Statistics for January 2013

  • Average Selling Price (SF Home): $496,579, up 12.7 from January 2012. The median Calgary house price for January 2013 was $435,500,  up 10.3% from January last year.
  • Average Selling Price (Condo): $297,157, up 10.2% from the same period last year. The median Calgary condo price for January 2013 was $262,000, up 6.9% from the same period last year.
  • Average Days on Market (DOM): 47 Days for Single Family Calgary home listings sold (vs. 59 days last January). The average DOM for Calgary condo listings sold was 57 days (vs. 61 days last January).
  • Total combined Calgary sales (houses + condos): 1,230 properties, up 15.1% from last January. There were 879

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