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Stories Tagged - Calgary Real Estate

News

April 01, 2016 | Jamie Zachary

5 things about spring renos

Tips heading into patio season

Spring has sprung, meaning the handyman in your family is likely itching to tackle that outdoor project that's been nagging at him or her for months.

With patio season in sight, here are five tips from the City of Calgary's Planning and Development department before tackling your spring reno project:

Backyard decks
Before you start, the City suggests determining whether you're building a pergola or roof structure that is attached to your house. If it's an extension to the house, it's considered an addition, in which case you will need to apply for a building permit. For uncovered decks that are not located on the same facade as a basement walkout entry, the maximum height is 1.5 metres in a developed area. In both the developed and developing areas, the height of a deck cannot exceed 0.3 metres above the main floor level of a house.

News

April 01, 2016 | CREBNow

Housing market correction fears exaggerated: report

Stability fears have no support, says Fortress

According to a new report from Fortress Real Developments, some "hot button" threats to housing market stability in Canada — including foreign investors, mortgage fraud and over leveraged buyers — have "no comprehensive statistical support."

"No government agency or private entity publishes data on international homebuyers or their source of funds," said Ben Myers, senior vice-president of market research and analytics at Fortress, and author of the report.

"It is impossible to fully assess the impact of foreign buyers, inappropriate mortgage activity or the extent to which Canadians are responsible borrowers based on the currently available data. With the limited information out there, and our own survey research, we feel the fears of a major house price correction are overblown."

Paul and Jill Robert, pictured with their daughter, are currently building a laneway home in West Hillhurst for Jill's parents, who were looking to be closer to family. Photo by Michelle Hofer/For CREB®Now
News

March 31, 2016 | Joel Schlesinger

Little house on the alley

Laneway homes could soon turn Calgary's back alleys into thriving mini-communities

Paul and Jill Robert have big plans for the little home they're building on their back lane.

Only the dwelling isn't for them. The Roberts already live in the wartime house in the northwest neighbourhood of West Hillhurst on the same lot where Paul, a professor at the Alberta College of Art and Design, grew up.

Instead, the diminutive back-lane house is for Jill's parents who are selling their home in Edmonton and moving to Calgary to be closer to family.

Calgary's northwest inner-city communities are becoming much more urban and desirable, says Richard White, author of the popular blog Everyday Tourist. Photo by Michelle Hofer/For CREB®Niow.
News

March 30, 2016 | Kathleen Renne

The next big thing

Where will Calgary's newest hot spot emerge?

People are always on the lookout for the next big thing, and that search extends to the world of real estate.

When it comes to reading the proverbial crystal ball as to which community will emerge as Calgary's next inner-city hot spot, the author of the blog The Everyday Tourist, Richard White, suggests one look north.

"The northwest inner-city communities are becoming much more urban and desirable," says White, explaining the growth of these communities has coincided with the relatively recent expansion of facilities like the Alberta Children's Hospital, the Foothills Medical Centre, SAIT and the University of Calgary campus.

Duanne Addy, creative director of project development at Jayman Built, at Carnaby Heights. Photo by Wil Andruschak/for CREB®Now
News

March 29, 2016 | Tyler Difley

It takes two

Dual-master homes occupy important niche in Calgary market

Dual-master homes aren't a new phenomenon in the Calgary market, but they have long been popular among a growing cross-section of homebuyers whose needs cannot be met by a standard three-bedroom layout.

According to Wendy Jabusch, president of the Canadian Home Builders' Association-Calgary region, Calgary homebuilders have been building dual-master suites for roughly a decade, primarily in smaller home offerings.

"They would typically be in the small single-family homes, townhomes and that kind of thing," Jabusch said. "Certainly, in the apartment product, we've seen dual-master bedrooms for many years."

This year’s Foothills Hospital Home Lottery grand prize is a 5,890-square-foot custom-built estate home located in the southeast gated community of Mahogany Island valued at $2.4 million. Photo courtesy Calgary Health Trust.
News

March 28, 2016 | Paula Trotter

Island living

Foothills Home Lottery to give away $2.4-million home in Mahogany

Imagine living on a secluded island without ever needing to leave Calgary.

This will soon be the reality for one lucky homeowner.

This year's Foothills Hospital Home Lottery grand prize is a 5,890-square-foot custom-built estate home located in the southeast gated community of Mahogany Island valued at $2.4 million.

News

March 24, 2016 | CREBNow

5 things you need to know about curb appeal

What you should consider before listing your home

A smart seller knows that there is work to be done before listing a property. When you're up against a buyer's market, diligence is required in order to gain a competitive advantage. Curb appeal will translate value to potential buyers when they view your property.

Here are five things to consider before taking your property to market:

1. Take a look from the buyer's perspective

Give the house and yard (all things within the scope of property) an honest aesthetic assessment. Within the first few moments of viewing a property, a buyer has formed either a negative or positive biased.

The City of Calgary will be auctioning off properties with more than three years outstanding tax arrears. CREB®Now file photo
News

March 24, 2016 | CREBNow

City to hold property tax sale

Properties in arrears up for grabs

The City of Calgary is hoping the prospect of having their home offered up to the highest bidder is enough to encourage a few Calgarians to catch up on their taxes.

Each year properties with more than three years outstanding tax arrears are offered for sale by the City of Calgary. Owners are notified a year in advance of the sale in hopes the owners will make an effort to catch up on any outstanding balance.

Currently, the list of properties stands at four pages, with properties deleted from the list as the outstanding taxes are paid.

Homes and gardens alike require updating.  Donna Balzer, guest columnist offers  advice on keeping the garden relevant to the modern home.
News

March 24, 2016 | Donna Balzer

What is your garden style?

Not everything is timeless when it comes to outdoor design
Do you have a high-end ultra-modern home with striking features that looks like it came out of a recent copy of Architectural Digest?


What about your yard? Does it look like it came from a Home and Garden magazine circa 1985?


This jarring contrast of cottage-style garden with modern home seems hard to understand until you think of the process. Homeowners do not design homes – builders and architects do. Yet homeowners are the ones often design their own gardens.


CREB® president Cliff Stevenson. Photo by Michelle Hofer/for CREB®Now
News

March 24, 2016 | Cody Stuart

Signs of spring

Warm weather brings indications of spring market to city

Following the second warmest February on record, the warm, sunny snow-free conditions emblematic of a spring housing market are already on display in our city. And while Calgary's housing market hasn't yet fully emerged from the doldrums, there are at least some signs of life.

With double-digit declines being the norm in 2015 for year-over-year sales, including several months of declines in excess of 25 per cent, the first two months of 2016 have seen the decline lessen.

Since October 2015, when year-over-year sales in the city fell by 33.2 per cent according to CREB®, Calgary's housing market has seen those declines lessen to 28.7 per cent in November, 18.1 per cent in December, 12.6 percent in January 2016 with February seeing the first single-digit decline in the city since December of 2014.

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