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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

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March 18, 2015 | CREBNow

Morning news rundown

News

March 18, 2015 | CREBNow

What's in a colour

How tone and energy can affect your home sale preparation

When it comes time to sell your home, creating a warm, comfortable place in which would-be buyers can imagine themselves can be as easy as picking up a paintbrush.

"I'm often asked, 'What's the best colour for resale?'" said Krystle Wilk, colour consultant and manager of Southpointe Paint and Décor in southeast Calgary. "Having your home look its best when trying to sell is more than likely to get your home sold quickly and for the best possible price."
News

March 18, 2015 | CREBNow

A path for growth

Calgary takes steps to addressing housing and infrastructure challenges

A new development in the northwest community of Varsity will provide affordable housing for Calgarians looking for a home of their own.

Attainable Homes Calgary Corp. (AHCC) and Lexington Development Management have joined forces to create the 26-unit project, made up of both attainable and market-priced units on the corner of Shaganappi Trail and Varsity Drive N.W.

"It's a great spot. It's near the university. It's near shopping centres. It's a great location," said Ward 1 Coun. Ward Sutherland. "It's very rare that we actually get to have these types of land even available, so the community's been very supportive. They voted on it, they support the project and so do I."
News

March 16, 2015 | CREBNow

Morning news rundown

News

March 13, 2015 | CREBNow

PTQ: Guy Huntingford

As CEO of the Urban Development Institute in Calgary, Guy Huntingford knows a lot about what makes a city, and thereby that city's development, tick. Huntingford took some time to chat with CREBNow about everything from urban sprawl to low density development to migration numbers in the city.
News

March 13, 2015 | CREBNow

In Quotes: Attainable Homes Varsity

Ground was broken today on a new 26-unit Attainable Homes development.

Working with Lexington Development Management and Nyhoff Architecture, the building, on the corner of Shaganappi Trail and Varsity Drive will provide a combination of attainable homes and market-priced units.

Attainable Homes Calgary Corp. (AHCC) is a non-profit, social enterprise - wholly owned by the City of Calgary - delivering entry-level homes for Calgarians caught in the city's affordability gap.

Here's some of what was said at the groundbreaking:
News

March 11, 2015 | CREBNow

East Village car-less condo headed to CPC

Having received the thumb's up from city planners, an East Village condo to be constructed sans parking stalls is headed to the Calgary Planning Commission tomorrow.

The Calgary Municipal Land Corporation announced in June, the sale of two parcels of land adjacent to the old St. Louis Hotel.

Dubbed N3 to reflect New Attitude, New Living and New Vision the development will have parking for bicycles and "microcars" only. The space will also include social open spaces for entertaining and WiFi throughout. With a marketing platform of "No car, No parking, No problem", each N3 buyer will receive a $500 credit for Car2Go and an urban bicycle.
News

March 11, 2015 | CREBNow

Redwood Meadows realized

Coming home to Mother Nature's playground

With its close proximity to Calgary and stunning Rocky Mountain vistas, Redwood Meadows encompasses mountain living.

The area earned its name after a 1940 brush fire that destroyed most of the area. Elders of the T'suu Tina Nation noticed regrowth of trees in that area had a reddish colour to them and dubbed the area "Redwood Yard."
News

March 11, 2015 | CREBNow

Coming home to Cochrane

New pathway system further connecting Calgary to its western neighbour

Cochrane's close proximity to Calgary is about to feel a whole lot closer with construction expected to get underway on the first leg of the Calgary to Cochrane Trail this summer.

Phase one of the $7.5-million project will be a 2.2-kilometre stretch entitled Bearspaw Trail, which will join Haskayne Park in northwest Calgary to Glenbow Ranch Provincial Park.

Phase two will include the development of Bowbend Loop and Railway Crossing, which has an expected completion date of 2018, followed by phase three, Bridge to Cochrane, which is expected to be completed by 2020.
News

March 11, 2015 | CREBNow

Despite sensationalism, Calgary still a great investment

Five reasons to buy rentals in Calgary

nolanDespite media headlines and continued sensationalism from economists both domestic and  foreign, Calgary continues to be one of the best places for real estate investment in Canada.

Here are five reasons why:

Vacancy rates remain low: According to the fall 2014 edition of the CMHC Housing Market Outlook for Calgary, vacancy rates remain low at 1.4 per cent and are not expected to exceed 1.8 per cent in either 2015 or 2016. Vacancy rates are deemed favourable for real estate investment when they are below five per cent.

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