Buying a condo is a huge investment, and for some people, it may be the biggest investment of their lives. Because of that, it’s important to keep your investment protected. If you end up purchasing a brand new condo direct from a developer or builder, then it’s important that you understand how to protect yourself. […]
Tag Archives: condos calgary
Size matters: How to fake square footage in your condo
No matter where your condo is located in the city, people tend to think of condominiums as ‘smaller’ housing options. However, typical condos range anywhere from 500 to 2000 square-feet, creating a wide variation in the type of living space available. Say it comes time to sell your condo and people start walking through it, […]
Looking to volunteer? Your condo board is a great place to do it
As the country celebrates ‘National Volunteer Week’ this week, you may be looking for opportunities to serve in your community or give back in some way. While there are a number of amazing local charities and non-profits who always need volunteers, we want to pose another idea for volunteering that could help your housing knowledge […]
What’s the upside to a down condo market?
It’s not a new trend, we have been hearing about this for a while, the condo market is experiencing a down period. With an influx of new apartment buildings under construction or coming onto the market soon, condo inventory is high in Calgary, which is driving prices down. Not to mention the addition of resale […]
The important fire prevention tips for condo owners
Today it was released that the wildfire that tore through Airdrie on Tuesday was started by a cigarette that was discarded unsafely. When it comes to fire prevention at home and in our communities, we all have to be diligent. However, people who live in apartment buildings have some special considerations to keep in mind […]
Looking to dive into the luxury market? Here’s some tips
With luxury real estate prices still sitting sitting in a favourable margin for buyers, investment opportunities are everywhere as affordability continues. Bottom line: luxury buyers can get more bang for their buck this year when purchasing in this sector. Here’s some helpful tips for those looking to buy luxury real estate: Don’t rely solely on […]
Fire Prevention Week: Condo Safety Tips
This week is Fire Prevention Week, and the City of Calgary and various other outlets are sharing many tips for fire prevention and at-home safety. However, people who live in apartment buildings have some special considerations to keep in mind when it comes to fire prevention and safety. High-rise apartments and condominiums present special fire safety concerns. […]
What is a ‘micro loft’?
A new report released by Genworth Canada, is reporting that increasing numbers of first-time homebuyers are choosing to buy micro lofts, a growing trend. And it’s not just for affordability, it turns out this is a desired home choice for many. If you’ve been hearing the term ‘micro loft’ lately, it’s for good reason. With […]
How much do you know about 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 common […]
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