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Calgary Home Boys Real Estate Blog

Every year, once November hits, I hear from future home owners that they are waiting until the spring to buy. I can see how waiting till the spring might seem like a good idea. After all that's when everyone else is buying so it must be the best time right? I'm here to tell you why that's not the case and in-fact quite the opposite!! Here are just a few reasons why you should be buying in the winter months.

More Sellers then Buyers which means a Buyers Market

Between the months of November until about mid to late February, the housing market tends to cool off when buyers are more concerned with winter activities like Christmas and New Years. There's parties galore and cold weather that have buying a home far from most peoples minds.

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When it comes to new construction, there are a number of condo buildings in the Calgary area worth considering right now. Here's a closer look at just a few:

The River

The luxury units inside The River provide an upscale lifestyle in the Mission District. With views overlooking the river, the waterfront development offers sophisticated condos and townhouses complete with a green roof, a health club, 24-hour security and upscale finishes throughout the homes.

The Concord

Also along the riverfront, The Concord delivers elegantly designed private residences, estate homes, suites and villas. This exceptional new development consists of dual buildings in the Eau Claire District, complete with a swimming pool, water garden, fitness and even a winter

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New Construction Townhouses CalgaryWith the enjoyment of a convenient address, yet remaining close to some of the most enviable natural attractions in the region, it’s easy to see what makes two new condo and townhouse developments in Calgary so attractive to buyers.

Mosaic Riverstone

Mosaic Riverstone provides luxurious options in townhouse living in Calgary. The new development is close to the Bow River Valley and Fish Creek Park, with expansive floor plans ranging from around 1,400 to upwards of 1,600 square feet of living space.

The single-level townhouses also include attached garages and a number of high-end finishes. Found in Cranston’s Riverstone, the property includes a total of just 64 units.

Fish Creek Exchange

Meanwhile, the residences of Fish Creek Exchange also

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North West Calgary Real EstateWith a range of single-family home options, two luxury communities on Calgary’s northwest side should certainly rise to the top of the list for potential homebuyers.

The Summit of Rock Lake Estates

The first is The Summit of Rock Lake Estates. With spacious homes from a select number of builders, the new homes range in size from around 1,800 square feet to upwards of 3,500 square feet of living space. 

Priced generally starting from the $900,000s, the new construction community provides room for 65 properties on the city’s northwest side.

 Watermark at Bearspaw

In comparison, the third phase of Watermark at Bearspaw is underway, with home sales of the community’s remaining lots. Built up around ponds and streams, the community additionally

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Cranston New Construction Homes For SaleJust steps away from trails and the beauty of Fish Creek Park, three new Calgary communities are under development right now in the unique and rapidly-growing Cranston neighbourhood. Here's a look at each: 

Retreat in Cranston’s Riverstone 

One of these is Retreat in Cranston’s Riverstone. Surrounded by the natural beauty of the Bow River Valley, the community offers the convenience of a maintenance-free, townhouse lifestyle. The two- and three- bedroom designs include attached garages, starting at around 740 square feet of living space.

Origins at Cranston

Meanwhile, Origins at Cranston delights prospective new homebuyers with a selection of two- and three-bedroom condos. The residences range from around 900 to upwards of 1,200 square feet in

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The Kitchen

Cost $20,000-$50,000 ROI 75-90%

      The Kitchen is often referred to as the heart of the home. This is where all the action happens and where family and friends gather over food and great conversation. One of the best ways to facilitate fantastic memories is to have a functional kitchen with a proper layout. When designing your kitchen you should consider a couple of things right off the bat. Like where all the food prep will take place, the overall look (classic or modern), colors and finishes (back splash, soft close, pulls/knobs, glass inserts etc.)

Layout

     Kitchen designers refer to the perfect layout space as the prep triangle. You want to be able to take your food from the fridge and place it on your prep surface, then

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When I was younger it was a bit of a Sunday ritual to go around with the family and see some of the new show homes in the area. I loved going through and finding all the latest gadgets that came with the home. There was always some new design idea being put into practice and new floor layout that was the latest and greatest. One thing that always stood out in my mind was the people that had their offices set up in the garage. I always thought that the garage looked so nice all finished up and that one day I'd love to have one just like that.

Now that I'm a realtor I've come to realize that those sales people are actually representatives of the builder and my not have your best interests at heart. Have you ever tired to negotiate with a sales a person

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Calgary Real Estate Tips I'm sure by now you have herd about the new Canadian mortgage rules that are coming out on January 1 2018. People are now going to have to "stress test" at a higher interest rate, roughly 2% higher then the contract rate, regardless of whether or not they're putting down 20%.

What this will mean is that people will have their buying power cut by between 19-21%!! That's a very significant number. We've been doing some checking and digging with our mortgage brokers and they've confirmed it. Someone who could purchase $500,000 before can now only purchase $395,000!!!

This will take effect January 1 2018 and you need to have an accepted offer by December 31st 2017!!!!! So please if you were on the fence about buying and or selling please talk with your

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Calgary Housing MarketThe end of the year is on track to follow a familiar track as previous months when it comes to Calgary’s housing market. Despite a strong start at the beginning of the year, the market appears to be cooling off, with October ending much the same as September.

A monthly report from the Calgary Real Estate Board shows the month of October delivered rising inventories and slowing sales. As well, there was also a slight decrease for the benchmark price for the month. That’s in line with the same results produced in September of this year.

According to some experts, while economic activity is on the upswing, it hasn’t helped with housing market growth just yet. Other factors such as changes to lending policy and higher lending rates have perhaps also had a

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Dream HomeIn today's economy saving every penny helps and can go a long way to getting that dream home you've always wanted. There are more ways then just the following tips on how to save money while purchasing your home. But this is a good start on how to save thousands with your next home purchase.

1. Have your Realtor perform a price comparison

In other words, make sure your realtor is comparing the property you're interested in with those that have sold in the area recently. Sometimes listings are over priced in hopes that when they get offers, it's closer to their "bottom price". You never want to offer more then the home is actually worth if you can get it for cheaper down the street. 

2.Get a Home Inspection

By getting a home inspection you can

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