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News

May 18, 2017 | Joel Schlesinger

From dank to swank

Wet bars and wine cellars are becoming key features in Calgary homes, putting a new twist on those gaudy, circa '70s basement lounges

Basements are going upscale.

If you're looking to make your home stand out in Calgary's real estate market, it's no longer simply a matter of having a finished basement with some storage, an extra bedroom, full bathroom and a media room.

These days, Calgary's better homes are stealing a page from the 1970s – complete with wet bar and wine cellar to create an air of hospitality.

Photo courtesy of Broil King
News

May 18, 2017 | Gerald Vander Pyl

Got grill?

How to select a barbeque that's right for you

Warm summer days mean spending time with family and friends, and what better way to do that than with a barbecue.

ROAR finalist spotlight
News

May 16, 2017 | CREB

Meet the stars of real estate

The 2017 Recognizing Our Accomplished REALTORS® (ROAR) Award finalists have been announced! Check out this year’s real estate game changers. 

Getty Images
News

May 04, 2017 | CREBNow

Lots for lease

The suburban commercial real estate market has mostly avoided the high vacancy rates seen downtown, but levels are creeping upwards in suburban malls


The economic downturn of the past two years has had a widespread impact on Calgary's retail sector with businesses in the core particularly hard hit.


Two years of a recession in 2015 and 2016 have taken their toll as thousands of people in the city's central business district were victims of layoffs in the oil patch, which takes up the vast majority of space in the downtown office market.


With thousands of potential customers gone, retail stores and restaurants have felt the pinch.


Adrian Shellard / For CREB®Now
News

May 11, 2017 | Barb Livingstone

The affordability equation

New mortgage rules plus cost factors equal big decisions for today's home buyer

Brad Ridler sounds like many first-time homebuyers, anxious to move into his just purchased condo and start putting "a lot of good things in motion."

But when the 32-year-old Ridler and his fiancée Courtney Boyce started their home search more than a year ago, the marketing professional was acutely aware of all the obstacles, including certain financial requirements associated with new mortgage rules.

News

May 04, 2017 | CREBNow

The new look housing market

City-wide prices hold steady in April as labour market conditions pick up


It's not a completely new look at this point, but it's definitely newish.


With recent improvements in the labour market and a balanced detached sector, city-wide benchmark prices reached $439,600 in April, similar to the previous month, but 0.90 per cent below last year's levels.


Craig Iseke says he required a double garage for his woodworking shop so a large lot was a must. Photo by Andrea Cox / For CREB®Now
News

April 27, 2017 | Andrea Cox

Braeside journeyman

Craig Iseke used his cabinetmaking skills to renovate his '70s bungalow and is loving the results


High school teacher and journeyman cabinetmaker Craig Iseke has two loves: hanging out in the mountains (doing outdoorsy things like biking, hiking, snowshoeing, skiing and fishing ), and designing and crafting wood furniture. So when he decided to sell his Marda Loop home and look for something a little more off the beaten path, but closer to the school that he was teaching at, he had a long list of must-haves. First on that list was space to store all his sporting gear. After searching MLS® System Listings for close to five months, he found an 1,100 square foot bungalow on a 50-foot lot in the southwest community of Braeside. The home, built in 1972, was in need of a renovation, an endeavor right up Iseke's alley.


Gardening sensors can make managing a garden much easier. Photo courtesy of Edyn
News

April 27, 2017 | Miles Durie

No rain? No problem

miles

Gardening technology can automate the watering of your garden and can even tell you when your plants need nutrients


When it comes to gardening, there are three kinds of people. First, there are those who have zero interest in getting their hands dirty. They wouldn't know a hosta from a hydrangea, and are happy with a house full of artificial plants.


Then there are the hard-core green thumbs. They start flowers and vegetables indoors in March. Their favourite channel is HGTV, and they listen avidly to radio call-in shows whenever gardening is the topic. Their idea of a perfect winter afternoon is hanging out in a garden centre greenhouse.


 Telus Sky is one of three new office towers currently under construction in Calgary’s downtown. Photo by Jesse Yardley / For CREB®Now
News

April 27, 2017 | CREBNow

Sky rising

Is there a glimmer of hope in Calgary's struggling downtown office market?


A new report by Avison Young suggests the market may be turning the corner following a brutal two years of ploughing through a recession.


The vacancy rate in the core was 23.9 per cent in the first quarter of the year, up from 17.6 per cent a year ago, but basically unchanged from year-end 2016.


"The first-quarter 2017 vacancy level actually represented positive news as the market took its first steps in halting its overall downward trend," said the commercial real estate company.


Todd Throndson, principal and managing director of Avison Young's Calgary office, says the downtown office market appears to have hit a pause in its rising vacancy.


Although they are a novelty in Calgary due to our short summers, pools can add value to a property. Photo courtesy of Oasis Pools & Spas Ltd.
News

April 27, 2017 | Kathleen Renne

Taking the plunge

Owning a home with an indoor or outdoor pool is a rarity in Calgary. If you dream of owning a backyard lagoon, here are some considerations before you dive in.


Imagine having your own private swimming pool – a place to entertain, exercise or just kick back and listen to the soothing sounds of moving water.


Lynn Lucyshyn, owner of Oasis Pools & Spas, says pools are a luxury few Calgarians enjoy. Her company installs as many as 12 pools in a good year, but as few as three in slower years.


According to CREB®, only 167 properties listing pools as a feature were sold in 2016. In that same year, the average sale price of a detached home with an indoor or outdoor pool was $974,388.


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