Tag Archives: calgary condo realtor

Calgary’s Condo Craze: the Benefits of Apartments

There is a condo craze going on in Calgary right now, thanks in part due more affordable prices in the apartment market and a shift in desired lifestyles. Financial Post just published an interesting article profiling the rise in demand for condo living in Canadian cities like Calgary. “I definitely do not want a yard […]

Leave a comment Continue Reading →

CREB Forecast: Balance for Condos in 2017

CREB released their 2017 forecast report today, which outlined some general optimistic trends, including that Calgary’s apartment sector is expected to start to turn around this year. Home buyers can look forward to more balanced conditions in the condo market this year, thanks to stabilizing in the price and inventory of the sector. The attached […]

Leave a comment Continue Reading →

The Pros of Cons of Buying a Condo

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, […]

Leave a comment Continue Reading →

Lots of Brand New Condos Coming — What to Understand

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 […]

Leave a comment Continue Reading →

The State of Calgary’s Condo Market

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 […]

Leave a comment Continue Reading →

Why Downtown Condos are a Great Choice for Millennial Buyers

  A large percentage of first-time homebuyers these days are millennials, also known as Generation Y. With so many young professionals making the move to purchase their first home, condos are a smart investment for millennial buyers. Affordability: condos make for a great entry point into the real estate market, as prices are obviously lower than […]

Leave a comment Continue Reading →

Design Tips for Maximizing Small Condo Spaces

  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 […]

Leave a comment Continue Reading →

What are condo reserve funds?

  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 […]

Leave a comment Continue Reading →

What Do You Do When Your Home for Sale in Calgary Doesn’t Sell?

  It’s no secret that Calgary’s real estate market is currently favouring buyers; home sales are down from last year and home prices too. While this can make things sweeter for buyers, hope is not lost for those who want (or need) to sell their homes right now. Did you have an experience where your […]

Leave a comment Continue Reading →

Getting Involved with New Condo Boards in Calgary

  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 […]

Leave a comment Continue Reading →