Are you planning to move to Calgary in Alberta Canada?
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Posts in "Relocating to Calgary"
Are you planning to move to Calgary in Alberta Canada?
This is… Alberta 💚Alberta, Canada 🇨🇦
Posted by Outsider on Friday, December 22, 2017
Check out this Link: http://www.searchcalgaryhomes.ca/moving-to-calgary-from-overseas if you are moving to Alberta and/or Calgary.
Why is having the Rocky Mountain View important? Having a spectacular view of the Rocky Mountains out your window not only increases the value of your property, it can bring a feeling of peace, serve as a reminder of the great outdoors and also be very pleasing to the eye.
Will the view in each neighborhood be made equal? No. Calgary being part of the rolling foothills has many communities built on hillsides giving the opportunity for some homes within a community to have impressive mountain views, while offering other residents perched lower on a hill to have walking pathways to view the mountains if they venture out for a stroll. Neighborhoods on the north sides of Calgary such as Tuscany, Rocky Ridge, Royal Oak, Arbour Lake, Edgemont, Hawkwood, Scenic Acres and Silver Springs will all have a certain amount of homes with splendid views. Neighborhoods along the west side of Calgary such as Valley Ridge, Cougar Ridge, West Springs, Aspen Woods and SpringBank Hill will also have many homes offering sprawling Rocky Mountain views.
Houses in these luxury neighborhoods in and around Calgary are almost all guaranteed a panoramic Rocky Mountain view: Watermark, Bearspaw, SpringBank, and Elbow Valley – as these executive type homes are usually designed with the Rocky Mountain view in mind.
In downtown Calgary, you have a great chance of finding a Rocky Mountain view if you are on the west side of a condo building and at least 20 floors up.
Certain neighborhoods in Calgary are known for having a double whammy – Rocky Mountain views as well as a Calgary Downtown city skyline. Just north of the downtown core, and centrally located you’ll find: Crescent Heights, Briar Hills, St. Andrew Heights and Rosedale with houses perched on the ridge and containing homes with gorgeous Calgary city skyline views with the Rocky Mountains behind it almost covering the entire horizon, a photographers dream. More unique is Edgemont, in NW Calgary, where the Rocky Mountain sights are off to the right while the City Skyline view is to the left.
Also, for a sweeping, uninterrupted Rocky Mountain View you can expect the price tag of a house to go up from 100K$ – 200K$ to a comparable house with no mountain view. This number can vary greatly depending on community. Contact your Realtor for more price specific information!
Living in Calgary and don’t have a Rocky Mountain view at home? Try going for a stroll or bike ride along the Glenmore Reservoir, or drive out to walk through Glenbow Ranch Provincial Park, in these areas and you are sure to have a beautiful back drop of spectacular, rolling mountain peaks!
Secondary Suites in Calgary. Do Calgary citizens want secondary suites? It depends on who you talk to. Many families in the suburbs don’t want the home next to them full of tenants and cars parking everywhere. However there are certain areas in Calgary close to down town that may be ideal for suited homes.
The City needs to look at this carefully. In areas where the lots are very narrow (could be fire hazard) in the newer areas it does not lend it sell to multiple family dwellings. however the areas where there are older bungalows on larger lots then suited basements will work.
Please check out this link for the Calgary Herald update on suites in Calgary.
As media outlets are currently busy focusing on Canada’s downturned market, technical recession, and the hit to our economy due to low oil prices, many Calgarians are receiving the message that “the sky is falling”. However, while we all need to sympathize with Albertans who are having difficult times, families also need to look at their own situation and if you need to “Move-Up” due to an expanding family then you should not be in a “hold mode” due to the negative news.
In reality, this is a very good time to move up in the Calgary housing market. For example, let’s take a young couple living in a townhouse or starter home that want to expand into the larger family home market. The townhouse may not have moved up in price over the past 12 months, however the family home you plan to buy has not moved in price, either. The “price differential” has not change from this time last year, i.e. the family home price minus the townhouse price is essentially the same. Even if home prices have dropped 2% or 3 % in past 12 months, the “price differential” is steady.
The other good news is mortgage rates have come down over the past 12 months. Right now Buyers have the best opportunity for very low mortgage rates. For example, a five year fixed rate has dropped down to 2.50% (today’s rate) from approx. 3.00% (12 months ago). These low mortgage rates can translate into large savings on your overall monthly payments. Are you curious just how much you may save? Please contact us for your pre-approval needs.
Obviously, as a seller you have to be realistic when you list your home and price is key to selling, as this also applies to the home you will be buying.
REALTOR© Tip for Calgary Move Up Buyers: It is optimal to have your home listed with a firm Offer in place before you buy your next home. This reduces stress and allows you to be in financial control. Speak to your REALTOR© about planning the sale of your home and purchase. The timing & planning of your “Move Up” is essential.
One major tax that Jim Prentice was planning went under the RADAR for most Albertan’s.
It was part of the PC Budget and dramatic fee hikes coming to Alberta real estate market.
This was one major over reaction by Prentice and would of hit first time buyers very hard.
The tax will rise six times its current level. (What gave anyone the right to raise them by this amount!)
Here is what it will mean for a buyer who purchases a $500,000 new home this summer.
The average price for a standalone house in Calgary for Buyer who takes out a $400,000 mortgage.
Currently, Buyer pays $150 for New Land Title and $140 for Mortgage Registration. Total of $290.
Proposed PC (Prentice) Budget:
Buyer pays $675 for New Land Title and $555 for Mortgage Registration. Total of $1,230.
This major tax increase was not called for!
Notley (NDP) makes buying a home more affordable by cancelling PC Mortgage Tax hike!
Rachel Notley’s NDP will make homes more affordable for Buyers and families by cancelling the PC plan
to increase Mortgage and Land Title Taxes by 600 percent!
Breaking into Calgary Real Estate Market in Late 2014. What Do Buyers Need to Know?
World Oil Prices are beginning to slow the market and CREB (Calgary Real Estate Board) has indicated (Dec 10, 2014) that we are moving into a Balanced market where house prices will stabilize in 2015.
Please check out the Chart (see below) for “Average Sold Price” in Calgary.
Possible predictions for 2015 house prices in Calgary:
Oil price recovers to $100 a barrel: house prices will probably continue to rise, like 2014.
Oil price stabilizes at $70 a barrel: house prices will probably remain flat.
Oil price drops to $40 a barrel: house prices will probably decline.
CREB® is going to make a 2015 Calgary Housing Market Forecast in mid January 2015 for the up coming year. So we will provide a more accurate predictions once the CREB® 2015 Forecast is available.
Check out our website at www.searchcalgaryhomes.ca
Matt Antrum & Geoff Antrum have a new listing this week. Call us at 403 608 5684 for more information.
Here is the Listing Link for : #1108 788 12 Av SW Calgary
Great value in the award winning building of Xenex on 12th located in Calgary`s downtown beltline. Spectacular, panoramic views of the downtown skyline, this executive 1 bedroom, 1 bathroom, sought after corner unit has all the high end finishing’s: Granite counters throughout, SS appliances, 9ft ceilings, central air conditioning, in suite laundry, built-in computer station, floor to ceiling windows & custom blinds throughout, and a spacious layout. Tons of storage both in suite and a separate storage locker. Anyone with a large truck or SUV will appreciate the oversized titled parking stall. Each unit equipped with separate utility meters for electricity, heat, and water. Xenex is in a fantastic location, easy walking to all amenities, C-train, shopping, restaurants, entertainment and the downtown core.
Check out our website at : www.searchcalgaryhomes.ca
Breaking into Calgary Housing Market in 2014. What Do Buyers Need to Know
Calgary Homes & Condos are selling more rapidly than 2009 to 2012.
It’s a Calgary Seller’s market in 2014, similar story as 2013.
Housing Inventory is down: less number of homes for Buyers to choose from.
So good quality homes that are priced right will not be on the market for very long. A matter of days in a few key areas of Calgary. There can be multiple Offers and homes can sell at List price. Buyers who keep waiting for a home to drop in price can be disappointed since it could easily sell if it’s close to market value. This is where Buyers need a REALTOR® to guide them on price and market value. Buyers can get caught up in the hype and over pay. So speak to your REALTOR® about market value for community you are buying in. Ask your REALTOR® what is the Average Drop Price for Calgary community you are planning to buy in.
Calgary Buyers who procrastinate & are indecisive will miss out! If you see a home or condo that stands out from the crowd and looks like great value, don’t wait. The 2014 market is fast and many buyers will be looking at the same property, for the same reasons. A REALTOR® can help Buyers make an informed decision in a fast market that is in the interest of the Buyer.
Calgary Market Conditions 2013 2014 (Forecast)
- Seller’s Market Yes Yes
- Single Family Home Price Gain 7.8% 3.8%
- Net Migration to Calgary 19,000 15,000
- Rental Vacancy Rate 1.0% 1.2%
- Calgary GDP 3.4% 3.7%
- USA GDP 1.6% 2.5%
(Data taken from CREB 2014 Economic Outlook & Regional Housing Forecast)
Please check out our website at www.searchcalgaryhomes.ca
Geoff Antrum REALTOR® at CIR REALTY 403 608 5682
Matt Antrum REALTOR® at CIR REALTY 403 608 5684
Check out our Monthly New Letter at:
The trademarks REALTOR®, REALTORS®, MLS®, are controlled by The Canadian Real Estate Association (CREA). Used under license.
What Do First time Buyers need to know to break into Calgary Housing Market in 2013?
Homes & Condos under $450,000 are selling faster than past few years. Its a Sellers market. So good quality homes that are priced right will not be on the market for very long. A matter of days in a few key areas of Calgary. There can be multiple Offers and homes can sell at List price.
Buyers who keep waiting for a home to drop in price can be disappointed since it could easily sell if it is close to market value. This is where Buyers need a REALTOR® to guide them on price and market value.
Buyers can get caught up in the hype and over pay. Speak to your REALTOR® about market value for the community you are buying in. Ask your REALTOR® “What is the Average Drop Price for community you are planning to buy in”?
Buyers who procrastinate and are indecisive will miss out! If you see a home or condo that stands out from the crowd and looks like great value, don’t wait. The 2013 market is fast and many buyers will be looking at the same property, for the same reasons. A REALTOR® can help Buyers make an informed decision in a fast market that is in the interest of the Buyer.
Before You Make an Offer: Ask your REALTOR® is this home at market value?
Please check out First Time Buyers Check List for 2013.
The Calgary Flood of 2013 has made the rental market very tight and this is impacting the market for Starter homes in Calgary.