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Calgary Home Owner Tips

Get handy information for Calgary homeowners.  Whether it's Preventing Crime during the holidays, or checking out the latest new gizmos and gadgets for your home, we've got it here.

Found 40 blog entries about Calgary Home Owner Tips.

2016 New Year's Resolutions from Finance Minister Bill Morneau

2016 Down payment increaseIf you're looking to purchase a home over $500,000 after February 15, 2016, you may want to start socking away more for your down payment.

In an effort to stabilize the Canadian housing market, Finance Minister Bill Morneau will be doubling the down payment required on homes priced from $500,000 to $999,999. Normally, a home or condo priced under $500,000 requires a minimum 5% down payment. With the new regulations, any portion above $500,000 will now require a minimum 10% down payment. Currently homes over $1 million already have a 20% minimum down payment requirement, which will remain as is.

To put this in perspective, if you buy a Calgary home or condo priced at $750,000, you will

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The Better Business Bureau is warning Calgarians about a home repair scam following the downed trees and power outages after the recent heavy snowfall.

Calgary snowstorm scammers

The BBB is calling the scammers "storm chasers", adding they are generally from out of town and they go door-to-door giving residents "great deal" estimates on the cost to remove fallen trees and to repair damaged property. However, rather than being legitimate contractors, they will take a deposit for the work to be done from unwitting homeowners and never return again to do the work.

The City of Calgary fielded about 1,000 calls from citizens concerning fallen trees and damaged property, and it's a good idea to never give a repair man a deposit for work that is to be done, especially one who shows

3,206 Views, 1 Comment

Calgary's real estate market is so hot, there are not enough homes for sale to keep up with unprecedented demand. While homes sales were up across all Calgary sectors in March, a decline in new listings - particularly single-family homes - means Calgary single-family home inventory is at the lowest level it's been at since 2006.

In March, the benchmark price for a single-family home was $490,600 (an all-time Calgary record), which is up 9.9% from 2013 and up 1.6% from February. Moreover, single-family homes sales for the end of the first quarter totaled 3,901, which is a staggering 9.5% increase from the same period last year. The average sale price rose 7.32% to $556,402, also an all-time high. Moreover, the amount of new listings dropped by nearly 5%.

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For Sale by Owner condoAfter trying to sell his two bedroom condo for 6 months, the founder/owner (Colby Sambrotto) of settled for using an outside professional. Despite the fact that he stresses on the website that there is NO NEED for the use of a Realtor®!

Colby had his condo in classified advertising and online listings for months, and still no luck! He broke down, contacted an agent familiar with the Manhattan real estate market, who promptly advised that he wasn’t asking enough for the property. After increasing his asking price by $150,000 and with the help of a professional, Colby’s home was sold. Real Estate Professionals live in the market, we know exactly what properties sell for, what buyers are looking for, and what to do to get a home sold!

1,670 Views, 2 Comments

Check Out What's Hot For Interior Wall Colours in 20142014 popular home colours

When it comes to giving those inside walls a new look now that winter's winding down, purple appears to be the colour of 2014. Radiant Orchid, to be specific. Yellow and blue are also going to be quite popular this year. Now these colours won't be for everyone, but they sure do stand out as people use colours to help disconnect from the technological world of today and get back to the beauty of art and nature.

In addition, statement walls and walls with handpainted murals, are also going to stay popular in 2014. You might want to try something a little different as well. The experts are saying painting the trim and wall the exact same colour is going to make a splash in 2014. This creates a sense

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Looking Back Over 2013 Performance

Everyone’s talking about it. Calgary is the country’s top real estate market for the second year running! Several of the country’s largest papers have run stories about Calgary’s hot real estate market and now CREB® yearly statistics are bearing that out. For the first time since 2007 total sales have pushed above the long term average and prices for single family homes are higher than ever. Both of these stats add up to great news for those considering selling their home.

Sales Volume Climbs

Both sales volume and prices far out-performed CREB® predictions at the start of the 2013. It has particularly been a standout year for single family homes, where growth had been expected to ease off to just 1.8% and a price

1,348 Views, 6 Comments

Calgary real estate report for November, 2013 is positive, after five straight months of increases.

Here are some of the highlights:

  • Residential sales up 19% from November 2012, with sales totalling 1,730 units
  • Year-to-date sales total 22,322 units
  • 1,823 new listings in November remains 12% higher than the same time last year
  • The benchmark price for single-family homes was $470,600 compared to $433,600 in 2012
  • The benchmark price for condos was $279,600, compared to $248,000 in 2012

Home prices are on the rise and it's possible that new home buyers are getting off the fence and taking the step towards purchasing, especially while lending rates are favourable.

CREB® President Becky Walters suggests, “Many first-time home buyers appear

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Calgary Real Estate News

Read all about it! Don’t miss the most important events in Calgary real estate news for the week of August 11 - 17, 2013. Compliments of the Calgary Home Team.

Under Pressure: Low Vacancy Rates Have Sweeping Effects In Calgary Housing Market - Calgary Real Estate Board

Climbing rental rates combined with a shrinking pool of rental listings, has even given some renters an incentive to enter the market and purchase a home. The Calgary housing market is set to break another record in 2013, with sales already surpassing last year's numbers by $870 million thus far. Calgary was tied with Edmonton for the lowest vacancy rate in Canada in the month of April. As the influx of post-secondary students get set to return to school in September, Calgary renters

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Calgary flood 2013Read all about it! Don’t miss the most important events in Calgary real estate news for the week of  June 24 - 30, 2013.  Compliments of the Calgary Home Team.

Flood Legal Real Estate Advise - CREB

Buyers and sellers of houses affected by flood are strongly advised to seek legal assistance as Lou Pesta, the senior associate at Walsh LLP says. All parties should refrain from exchanging house keys until the emergency state is completely lifted, and after they have consulted with their lawyers to resolve any legal issues!  While all concerns are addressed on case-by-case basis, Pesta reminds agents and sellers of section 5.1 of the purchase contract that says " Risk of loss or damage to the property shall lie with the seller..." he further

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NEW BRIGHTON HOMES FOR SALE CALGARYCongratulations to our sellers on the QUICK SALE of their immaculate, Jayman built Green Home in New Brighton!!!

Located at

1535 New Brighton Drive SE

The modern interior of this elegant home will invite you to discover the gracious sense of space in the main floor with it's 9 foot ceiling and dark hardwood floors! 

Bright great room opens onto the eating area with an easy flow to the tastefully finished kitchen that has Stainless Steel appliances, and beautiful rich stain on the cabinets that are complemented with granite countertops and tile backslash!!

Three bedrooms upstairs, two sharing a main bathroom that has a large shower with a seat; and a master bedroom that comes with its own 4 piece ensuite, and a large walk-in closet with

2,052 Views, 0 Comments