Just wanted to wish you all a Happy Thanksgiving as this time of year I reflect on what I am grateful for. Thanks for your continued support as I appreciate the referrals. Wish me luck as I'm hosting this year :-)
The past few months have been very busy for real estate and it doesn't look to be cooling down just yet...Total sales last month showed an increase of 14.5% higher than same period last year, new listings 15.92% increase and benchmark price 10.16% higher. Properties are selling a lot faster as well with a 5% decrease in average Days on Market. The inventory is still low, so good listings are going fast!
Other areas surrounding Calgary are also feeling the heat of the hot market. The top 5 sales in surrounding cities/towns are below:
Airdrie 140 Average Sale Price $393,209
Cochrane 63 Average Sale Price $443,736
Okotoks 52 Average Sale Price $424,390
Chestermere 43 Average Sale Price $532,704
Strathmore 37 Average Sale Price $318,959
Only 15-30 minutes drive out of town, these areas are an excellent alternative if you want more bang for your buck! I have preset searches on my website for these communities. Click on each community above to view listings in that area.
Happy Thanksgiving to you & your family!
Condominium sector boosts Calgary resale housing activity
Citywide year-over-year sales growth reaches double digits
Calgary’s condo sectors continue to set the pace for the city’s residential resale housing market, which recorded 2,148 sales in September, nearly 12 per cent higher than the same period last year.
“September’s sales growth was stronger than expected, due largely to a surge in condominium apartment and townhouse sales,” said CREB® chief economist Ann-Marie Lurie, who credits Calgary’s strong economy and fewer options in the lower-priced single-family market behind the continued demand. Read more »
Home Insurance Loopholes Can Leave You Howling on Halloween
We aren't talking candy-bought, decorations-up prepared. We mean, what happens if Glenda the Good Witch breaks her arm or your house is egged? Are you covered for that? Or will a night of tricks and treats become an expensive horror?
Here are three possible Halloween problems, and the skinny on what is and isn't covered by a typical policy. Read more »
How to avoid getting stuck with bad tenants
You are now the proud owner of a rental property? Here are some tips to ensure that you don’t end up with bad tenants.
Be wiser than the crow
Once in a while you’ll come upon aspiring tenants who are like the fox in Aesop’s fable, The Fox and the Crow. They are ever so polite and flattering, but they’ll trick you without a second thought. The situation can be particularly unpleasant when an abusive tenant disturbs others in the neighbourhood, perhaps by playing loud music at all hours of the day or night or by leaving garbage in the yard...Read more »
Town of Chestermere hopes to become a city
CALGARY – The Town of Chestermere is one step closer to becoming Alberta’s 18th city.
Council members voted to change Chestermere’s official title from ‘town’ to ‘city’ during a meeting on Monday.
The community, located just east of Calgary, is asking the province to approve the change effective January 1st, 2015. Read more »
Make Your Home Cozy This Winter
We've put together a list of ways to make your home extra cozy and comfortable during the cold season. We've got all sorts of ideas to create a more warm and welcoming home during even the nastiest winter storms, plus a few basic home maintenance tips and tricks. Let it snow! We've got you covered. Read more »
September 2014 Statistics
Single Family: 2961
Single Family: 2148
Sold *Last 30 days
Single Family: 1398
Benchmark Price *Last 30 days
Single Family: $512,800
Last updated October 1, 2014
Oct 10 - 11 Disney’s Fantasia: Live in Concert
Oct 13 Thanksgiving Day
Oct 17 - 18 Rocky Mountain Wine & Food Festival
Oct 17 - 19 Tattoo & Arts Festival
Oct 23 - 26 Ghouls' Night Out
Oct 25 - 26 Monster Mash-Up 2014
Oct 26 Mommylicious Trade Fair
Oct 29 - 30 Boo at the Zoo sleepover!
Oct 29 - 31 Ghosts and Gourmet
Oct 31 Happy Hallowe'en!!!
Nov 2 DST Ends (1 hour back)
Nov 7 - 8 Okotoks MarketSquare's Annual Christmas Festival
Nov 8 Bowness Christmas Craft Sale
Nov 14 - 30 International Christmas Market presented by TELUS
Nov 15 - 16 Canmore Christmas Artisans' Market
A: That's an excellent question! When doing renovations it can help to consult your Realtor beforehand. This can save you thousands of dollars because you do not want to spend money in excess of the return you will get back. It is usually best to have the house move-in ready as 95% of buyers do not want to have to do repairs themselves. I would suggest to focus on new flooring, new paint and newer appliances.
- Don't go overboard with the renos
- Choose neutral colours on walls
- Add colour with accessories
- Choose stainless steel appliances
- Too many types of flooring used on one level can break up a room
Curious about where the real estate market is heading or need help to sell your house?