Yes, it’s still true, Calgary is sitting in a buyer’s market right now. Due to a dip in segments of the economy and increased inventory in the real estate market, home prices are being driven downwards so not only do buyers have the upper hand in pricing, they have a lot more selection right now in our city.
Whether you’re a first-time homebuyer or moving into your next place, there are three main factors to consider when you’re in the beginning stages of buying: size, location and price. To help you decide which home is right for you, try asking the following questions:
Size
How many bedrooms do you need?
How many bathrooms do you need?
Do you need space for a home office?
What kind of parking facilities do you need? For how many cars?
Location
Do you want to live in the suburbs, urban areas or countryside?
How easy will it be to get to where you work?
Where will your children go to school? How will they get there?
What proximity do you want to be to: shopping centres, recreation, walking/biking paths?
Price
How much are you spending now on living?
How much can you afford to spend?
How much will your down payment be?
What are additional living costs to consider: condo fees, community fees?
What is the most important factor for you when choosing a home? Share with us on Twitter. To view the current homes on the market in Calgary, see this link.
