Tag Archives: calgary condo buying

The Pros of Cons of Buying a Condo

Posted on September 22, 2016 by in Tips and Advice

Regardless the size of the property, purchasing real estate is a big investment, so you want to make the right choice. Condos are always a popular choice for many home buying sectors: first-time buyers, investors or empty-nesters. Condos in Calgary also generally tend to be consistent investments, regardless of ups and downs in the economy, […]

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Lots of Brand New Condos Coming — What to Understand

Posted on December 15, 2015 by in Calgary Real Estate

Calgary’s condo market is sitting with a new and unique opportunity for buyers. For one, there is a huge influx of condo inventory as a handful of brand new condo projects are nearing completion. Secondly, prices are down due to this inventory and the economy, it makes for great conditions for buyers. The primary multi-family […]

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The State of Calgary’s Condo Market

Posted on October 15, 2015 by in Calgary Real Estate

The sharp drop in oil prices this year has clearly taken a toll on Calgary’s economy and as a result, our housing market. The condo market has historically been relatively unaffected by the usual up and downs in the marketplace, but we’re dealing with a different situation this year. However, if you understand a bit […]

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Design Tips for Maximizing Small Condo Spaces

Posted on June 9, 2015 by in Tips and Advice

  If you’re a small condo dweller, or just looking to design a smaller room in your home, there are many mistakes you can make. A small space doesn’t mean small design, so here’s some tips for designing for smaller areas: Be bold: you don’t have to ‘play it safe’ with a small space. Being dramatic […]

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What are condo reserve funds?

Posted on May 21, 2015 by in Calgary Real Estate

  The Condominium Property Act in Alberta, requires that condo boards establish and maintain a reserve fund, to provide capital for major repairs and replacement of common property owned by the corporation. As buildings age, they need to be repaired: roof, parking lots, landscaping, etc. Condo owners must pay for the repair or replacement of […]

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Getting Involved with New Condo Boards in Calgary

Posted on February 24, 2015 by in Calgary Living, Calgary Real Estate

  With a brand new condo building, comes a brand new condo board, and the first year of a condo board is probably the most important. The way your condo is governed and run will be determined in the first year, and a lot of changes will be made so it’s a great idea to […]

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The New Condo Sales in Calgary, Are All About Amenities

Posted on January 29, 2015 by in Calgary Real Estate

  One of the most rewarding parts of being a condo owner can be the amenities that come with living within a condominium community. The amenities of a particular building could also be a huge factor in deciding to buy, not only for the added convenience of certain services, but having a lot of amenities […]

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Record Growth for Townhouse & Condo Sales in Calgary in 2014

Posted on December 26, 2014 by in Calgary Real Estate

  Calgary’s condo sector saw record growth this past year, thanks to a number of factors, led to a 19% increase in condo sales in our city from last year. A tight rental market, historically low mortgage rates and affordability all played into the fantastic year condos saw in real estate. Up until the end of […]

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Buying New Condos For Sale in Calgary Before They’re Built

Posted on December 16, 2014 by in Calgary Real Estate

Buying a condo pre-construction comes with a great set of benefits, such as little money upfront, and looking forward to a brand new home with warranties. But purchasing a condo before you can even step inside it can be a little risky, by doing your due diligence, you can protect your investment. Get some guidance: speak […]

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50 Amendments to Condos Property Act in Calgary

Posted on December 3, 2014 by in Calgary Real Estate

  Yesterday, Bill 9 (Condominium Property Amendment Act) was passed, which brought 50 amendments to the Condo Property Act. This was based on two years of dialogue with nearly 4,000 public members and groups. With every third home sold in Calgary being a condo, and over 8,000 condo corporations operating in Alberta, these changes will […]

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