Calgary, AB Real Estate News

By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
This Gorgeous, upgraded 4 bedrooms home in Harvest Hills is now conditionally sold!! Some of the upgraded features in this lovingly maintained home include, new roof (2010), newer windows and cork flooring. This home is fully developed on all levels and has a double detached & heated garage as well as an RV pad in the backyard. It is in a very special & quiet location within walking distance to schools, shopping, golfing, public transit & Deerfoot trail,  and only a few doors to the entrance for the Harvest Hills Lake!  When you're ready to buy or sell a home in Calgary and surrounding area, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Southeast Calgary hosts 7 lake communities. Here is a list of them: Lake Bonavista: Was the first community in Canada to include a man made lake. Established in 1967 with a 52-care lake. Midnapore: Home to a number of historic buildings like the two early 20th century churches and the Lacomber Renewal Centre established in 1977, with a 30-acre lake. Sundance: Great location close to Fish Creek park.  It has well established schools and great school bus services. Established in 1982 and built around a 33-acre lake. McKenzie Lake: Close to Fish Creek park and McKenzie Meadows Golf Course. Expanded in mid 90s with a 43-acre man-made lake. Chaparral: Named for the Mediterranean climate biome. Established in 1995 with a 32-acre lake. Auburn Bay: Located immediately to the north of the new So...
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By Alec Kinnear
(Canadian Real Estate Insights)
Purchasing a real estate property is encompassed with lot of hesitation. Do we have a property bubble, or not? How will the Canadian economy be in some months or in few years? There are no 100% safe heavens, but if you were to choose freely your next home in Canada, Calgary would be a great location. Rich in commodities, Alberta is doing exceptionally well in Canada, at least in terms of economy. Still local real estate market is far from what you can see in Vancouver or Toronto. If you have a look at Calgary MLS listings, you will see home prices are still affordable and far from the $1,000,000+ craziness you can see in the BC capital. If you want to be sure with your property investment, consider Calgary.
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Devonian Gardens is undergoing a major upgrade nowadays by the City of Calgary. This popular attraction, located in the fourth floor of TD square in downtown Calgary, is one of the largest indoor parks in the world. The Gardens that were closed in 2008 are scheduled to reopen to public this summer 2012. Calgarians and tourists will again be able to visit it for free and enjoy the large and small trees that were brought from Florida and Hawaii, in addition to the new ponds with the Koi fish. Kids will have their own play areas, but they will not be able to see any turtles in the Gardens! The City of Calgary announced they are not allowed there any more as they can bite and carry disease. When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure...
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By Cody Battershill, ABR. CCS. Calgary REALTOR
(RE/MAX House of Real Estate)
Vogue condos are an up and coming development by th LaCaille Group. Vogue will appeal to all people from all walks of life with a variety of floor plans, bottom floor commercial and retail spaces and more! For more information on this new development, check out Vogue Condos in Calgary.
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Home buyers are advised to plan ahead to cover the costs associated with buying a home, so they will not be faced with any surprises when it is time to close!  Thanks to the Calgary Real Estate Board (CREB), we've got a list of the up-front costs of which you'll need to be aware: Mortgage Loan Insurance Premium: This applies if your mortgage is a high ratio one ( you are paying less than 20% down payment). It could be paid in two ways, in full upon closing or it could be added to your mortgage payments. Appraisal Fees:  The appraisal is an estimate of your home. Your lender may ask for one in order to approve your mortgage. It should be done at your expense. The cost is usually between $250 and $350. Deposit: Money paid by the buyer to show commitment to fulfill the contract presented t...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Radon is considered the second cause of lung cancer in Canada after smoking!  And while there are no areas in the country that are radon free, levels do vary significantly, according to the results released March 2012 by Health Canada Survey of radon concentration in homes. Radon is a colorless, tasteless gas released by the breakdown of Uranium in the soil. When accumulated in high levels in closed spaces like our homes it poses a serious health threat and contributes to developing a lung cancer. Testing for radon is simple and inexpensive, in some cases when high levels of radon are registered you will need a professional contractor to install an active soil depressurization system in the basement floor slabs. But homeowners can act immediately and apply these measures to reduce the l...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Eight new showhomes were opened in Mahogany last week. The new models are built by Jayman MasterBuilt, Sabal Homes, Stepper Custom Homes and Trico Homes.   Sabal homes is offering new laned homes range between 1,300 and 1,800 sq ft with a price starts with $337,360 in the Lakeland Collection of Mahogany. Other show home types by Sebal include attached homes, and move-up garage homes. Stepper Custom Homes, Jayman Master Built and Trico Homes  are offering front garage homes that range between 1,800 and 2,500 sq. ft. You can choose from four architectural styles:  Coastal, French Country, Arts & Crafts, and Shingles. The list of builders in Mahogany includes also Baywest Homes, Calbrige Homes, and Morrison Homes, each has two show Lakeside estate homes. Mahogany is the newest community in...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
When shopping for a mortgage most buyers are interested only in finding the lowest rate lenders can offer!  While this is important, our advice is not to overlook the other mortgage features that could save you thousands of dollars and help you become mortgage free faster! The most important mortgage feature is the Payout Privilege that allows you to put an annual lump sum payment,  or increase your monthly payment amount at any time during the term  as long as the total doesn't exceed a certain percentage, usually between 10% to 20% of the principal owing.  Portability: A portable mortgage is one that you could take with you when you move to a new home! This option allows you to avoid any payout penalty while maintaining your current rate (if the mortgage stays the same with no additio...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
The residential sales activity in Calgary for April is the highest nationwide. According to a report  released by CREA last Tuesday.The total sales for April reached 2208, a stunning 26% increase over the 1751 sales in April last year. February and March showed the same trend as well this year. March residential sales were 2127, a 9% increase over the 1933 last years sales.February residential sales were 1739, a 6.5% increase over the 1633 last year sales.The combined  total sales for the first four months of 2012, reached 7156, the highest in Calgary for the same period since 2008!! Read more.... Click here for more details  When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, ...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Two celebrations this year will keep Calgary full of events and activities:The first one is the recognition of Calgary as Canada's Culture Capital for 2012. The kick off took place April 4th, followed by the Sweet City Opening earlier this month. Many activities are planned for the year, it will include programs like Sweet City Woman Lip Dub, Harvest Festival in addition to many other concerts and legacy projects. The second event is the city's stampede celebrating it's 100 anniversary. The official poster artwork was revealed last summer featuring Guy Weadick the founder of the Stampede! The artist Harley Brown says the artwork is meant to capture thje spirit of Calgary's culture and its Western heritage and values throughout the history! Read more....     When you're ready to buy or s...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Summer is just around the corner, and for parents who live in Auburn Bay it is time to take advantage of many programs offered for kids by the Auburn Bay residents association. You might want to act quickly and register online May 16 to secure a place for your child in one of these popular summer camps and activities:Multi-Sport Camp: children can build their skills and learn cooperation while participating in different ball games, like soccer, hockey, basketball, baseball, volleyball, football and golf. Camps are outdoor, but the kids will have a chance to show their creativity with some indoor crafts games! Tennis for Tykes: If your child is interested in learning tennis this summer, here is another great opportunity. The focus will be on teaching the basics through fun, enjoyable gam...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Hopewell group of companies revealed the name of it's newest community in Southeast Calgary,  Hotchkiss residential community. It was named after Harley Hotchkiss, the former Calgary Flames owner and businessman. The 210 acre site will host about 1,500 dwelling and 3,700 residents. The construction is expected to begin in 2014. Southeast Calgary includes 35 communities,  and it is home to Calgary's oldest Neighborhood of Inglewood that was established in 1875 after the building of Fort Calgary! The construction of the South Health Campus (scheduled to open in 2012) in the heart of Seton the new urban district located just south of Auburn Bay, is driving the demand up in this fast growing deep south area!! Living and working in New Brighton, one of Calgary's Southeast communities, we hav...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Mahogany is a new community in Southeast Calgary. It is a home to the largest fresh water lake in the city. Housing sales officially started in 2008. 49 single family homes were sold in Mahogany between 2009 and 2011: 2009 sales :  9 2010 sales : 132011 sales:  27  2012 sales between January and April were 13 as follows: January:   3 Sales,  Average Sales Price: $432,333,  Median Sales Price: $462,000February: 4 Sales,  Average Sales Price: $496,700,  Median Sales Price: $491,500March:      2 Sales,  Average Sales Price: $474,950,  Median Sales Price: $474,950April:        4 Sales,  Average Sales Price: $557,950,  Median Sales Price: $565,450  When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. W...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Happy Mother's Day to all moms and grandmas in the world!! Wish you a very warm and fun day, full of flowers, gifts and a lot of loved ones!!! Calgary Home Team
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Choosing your real estate agent is critical when you make the decision to buy or sell your home. If your agent is not good enough then, I am afraid to say, it might cost you a lot,  both in terms of time, and money!! We all agree that buying a home is one of the biggest investments one can make in their lifetime! Sellers, too, want to get the best deal when they want to sell their homes. So, why not make sure that the real estate professionals who are going to represent you in this important transaction are skilled and experienced, very well educated of the market conditions, and most importantly care about you!! With more than 25 years of combined experience, Calgary Home Team prides itself as being one of top real estate teams in Calgary! Started with us, Ryan and Sheri MacDonald, a h...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
Demand for single family homes in Cranston increased between January and April 2012 to 125 sales compared to 79 sales same period last year.  April reported  the highest number with 49 sales compared to only 18 in 2011! January:     No.of Sales: 19         Average Sale Price: $427,376        Median Sale Price: $375,000February:   No.of Sales: 30         Average Sale Price: $484,748        Median Sale Price: $402,346March:        No.of Sales: 27         Average Sale Price: $431,625        Median Sale Price: $385,000April:          No.of Sales: 49         Average Sale Price: $463,715        Median Sale Price: $409,000 Sales of condo/townhouses numbers for 2012 in Cranston were consistent with those of the previous year. with 10 units sold this year between January and April compared to 9 ...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
This spring turned out to be a very hot one for home builders in Calgary as they try to keep up with the increased demand for housing in the city, and to compensate for the decline in the active residential resale listings! CMHC has just released its Preliminary Housing Starts Data, and the numbers are best described as stunning!  1,708 units were added in April 2012, a 207% increase from the 557 units in April last year!!  A whooping 1,151 multi family units has found its way to the market, up form 138 units previous year, this is a substantial 734.1 % increase! Between January and April 2012,  year-to-date Housing Starts in the CMA (Calgary Metropolitan Area) reported 4908 units, more than double the 2,104 ones the same period last year. Single family detached were 1,813, compared to ...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
New Brighton, a community in the the southeast part of Calgary, has a lot to offer its residents! Located east of Deerfoot trail with an easy access to downtown, this community has an open green space with 12 acre lake, an architecture inspired by the English Countryside, and an intranet that enables the residents to connect with each other, stay up-to date with the community events, create clubs or simply post ads and look for local services! Read more... When you're ready to buy or sell a home in New Brighton, we are your real estate agents of choice! As residents of  New Brighton we have an extensive knowledge of this community. For more than 10 years we have helped buyers and sellers achieve their real estate goals in this great community! Be sure to use our quick and easy search fe...
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By Ryan & Sheri MacDonald, Calgary Home Team
(Re/Max First)
With 86 sold listings, single family home sales increased significantly in New Brighton between January and April 2012, compared to 52 in 2011, 55 in 2010 and 47 in 2009 ( Jan. to Apr.) January:    Sold Listings: 10    Average Sold Price:  $388,687    Median Sold Price: $375,000February:  Sold Listings: 20     Average Sold Price: $400,562    Median Sold Price: $403,750March:      Sold Listings: 27     Average Sold Price: $403, 424    Median Sold Price: $402,000April:        Sold Listings: 29     Average Sold Price: $374,480     Median Sold Price: $395,000 The condo/ townhouse sales were 11 in New Brighton between January and April 2012, compared to 10 in 2010, 7 in 2010 and only 5 in 2009 ( Jan. to Apr.) January:    Sold Listings: 1      Average Sold Price: $255,900      Median Sold Pri...
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