Calgary is coming together to win the war on homelessness, one home at a time

What a difference a year can make. The City of Calgary launched its affordable housing strategy in July 2016, aiming for a more unified approach to building more housing for low-income individuals and families. Since then, a lot has happened, according to groups that provide housing for low-income Calgarians.

"What we've seen in the first year is a tremendous drive toward increased collaboration and recognition that none of us can go it alone," said Kim O'Brien, CEO of Horizon Housing Society.

The importance of working together in a more co-ordinated fashion cannot be understated because the challenge of providing affordable housing in Calgary is daunting. It's a problem the City, as well as other Canadian municipalities, have been struggling to address for several years – despite the best of intentions.

Former King Edward School is reborn as hub for the Calgary arts community

Once a sandstone monolith surrounded by bald prairie, King Edward School has seen countless generations of students pass through its hallways. Its slate staircases bear faint grooves from more than a century of feet, including the hard-soled boots of soldiers that once used its basement for rifle-range training.

Now, 105 years later, the inner-city community of South Calgary surrounds the school, which is undergoing a massive $33.5-million transformation into an arts incubator and artistic venue called cSPACE King Edward.

The school closed in 2001, and was eventually acquired by cSPACE, a social enterprise real estate company that provides rental space, property management and community development. Capital funding for the project has come from the City, province, Calgary Foundation and other organizations.

Calgary-area rural communities offer residents a quiet retreat from the hustle and bustle of the city

As a former farm kid, four-time Canadian bareback champion, and former Calgary Stampede rodeo and chuckwagon manager, Robin Burwash has spent almost every day of his life enjoying the rural-lifestyle dream he now sells as a REALTOR®.

When he talks of finding space and relaxation amidst the trees and hills of acreage properties around Calgary, it comes from personal experiences.

Burwash spent 16 years as a professional bareback rider, and grew up on a farm that eventually became part of the city, not far off of Country Hills Boulevard.

During the years he spent working in Calgary with the Stampede, the best moment of his 45-minute commute to his Black Diamond acreage, he says, was crossing the city limits and entering the wide-open space of the country.

Looking back at 25 years of Heritage Pointe

"Lots of people thought we were crazy to build way out here in the boonies," said Carolina Oxtoby about her company's decision to develop a golf-course community on farmland south of Calgary.

It was 27 years ago when the land on Dunbow Road was purchased, and only two years later, the Heritage Pointe Golf Club was born, with big plans in the works for an upscale, country-residential community to complement it.

A novel place to plant your savings

Given the fickle Canadian climate, farming for a living is often viewed as a risky proposition. Buying farmland, however, is attracting some interest from Calgary investors seeking a hedge against inflation that will also produce goods and generate income.

The two most common ways to make money from farmland are capital appreciation – when the land increases in value - and income. That income can be from cash rent, calculated by dollars per cultivated acre, or a crop share, where the investor receives a share of the total crop sales each year, usually about 20-30 per cent.

"Farmland has been a tremendous investment over the last 10 years," said J.P. Gervais, chief agricultural economist for Farm Credit Canada. "Not only have land values been rising, but returns from farming have been very strong, with farm cash receipts increasing on a national level by an average of $2 billion a year for the past decade."

Buying a home with renovations in mind

Over the years, designer, builder and renovator, Shane Rennie of Rectangle Design Inc. has seen a consistent trend emerge when it comes to renovations.

"Most people are looking for a long-term investment, a family home, a place that they can see themselves in 15 or 20 years and they are looking to renovate to suit, so that the home lasts a lifetime," said Rennie.

But renovating an entire home at once is often out of most people's price range.

"The trend now is to renovate in phases," said Rennie, who recently purchased a home that he is renovating in three stages. "The home is in a fantastic neighbourhood, but it was at the top of our budget."

Golf course communities offer homeowners space, privacy and a slice of the action

David Roberts and his wife moved to the northwest community of Valley Ridge in search of open spaces. "We liked the idea of backing on to green space, one way or another," he said.

Valley Ridge, which borders the western edge of Calgary, is one of many communities in the city that features a golf course within its boundaries. That course now provides the green space Roberts and his family were seeking – they live behind the course's first green.

Stable prices in detached sector signal balanced conditions despite increased inventory

The Calgary housing market saw a modest improvement in sales, along with an increase in new listings, in June.

However, demand gains have not kept pace with the amount of new listings coming onto the market. This caused inventory levels to increase to 6,659 units, which is 11 per cent higher than last year's levels.

Despite the shift in inventory this month, second-quarter activity continues to demonstrate improved supply-demand balance and price stability. City-wide benchmark prices totaled $441,500 in June. This is a 0.5-per-cent increase over last month and nearly one per cent higher than last year.

Golf-course homeowners have several tools at their disposal to protect their property from errant golf balls

For people living along golf courses, glass damage from errant golf balls is no laughing matter. While the problem isn't large in terms of total homes affected, it's a big deal for the few that do live in the line of fire.

"Only a small percentage of courses have homes bordering them," said Slade King, COO of Play Golf Calgary, which runs five courses in and around the city.

"Within all of the Calgary courses, only a few holes have issues, so out of 30,000 golfers who play that course in a year, you may have 10 incidents of golf-ball damage to houses."

Professional legal help can benefit any real estate transaction

Buying or selling a home is a process that benefits greatly from professional help, and that especially true on the legal side of things.

Calgary Legal Guidance (clg.ab.ca) has information on selling and buying real estate in its Dial-A-Law series, including the role a lawyer plays.

Jeffrey Kahane of Kahane Law Office in Calgary says most people don't get a lawyer involved until the conditions of a sales agreement are waived, "because then you've got a firm deal."