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CalgaryHomeBoys Real Estate Blog

The Calgary housing market has been trending upward lately, and while the recovery still feels slow, it’s also been fairly steady over the first half of 2017. But starting last October, lending standards in Canada tightened, and both fixed lending rates and prime lending rates have continued to climb at what some mortgage brokers are saying is the quickest, most frequent series of rate increases they've ever experienced.  

Earlier this month, the Bank of Canada just raised its benchmark interest rate by 25 basis points to 0.75%, making it the first major central bank to increase rates following the financial crisis. But just what does this mean and how does it affect you as a potential home buyer? Well, that's where it gets complicated.

On the

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Homes that have an updated kitchen are a big deal to home buyers, which is just one of many reasons why 272 Santana BA NW should catch the eye of anybody looking for a great deal in North West Calgary.

Offering 3,300 square feet of living space, this fabulous Sandstone Valley home provides ample living space, and it’s huge wide-open layout couldn’t be more perfect for today’s modern home owner.

The brand new hardwood flooring throughout 272 Santana BA NW is also a nice touch, while the large office/den here could also double for a 5th bedroom or the ultimate guest room if you love having over family and friends from out-of-town.

The master bathroom has also recently been remodeled and might even be the best part about the home, although the

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New data from the Calgary Real Estate Board revealed single-family home sales jumped 8% in June compared to the same time last year, and while any increase in sales activity is welcomed, new listings added to the market also surged by 24% last month as well, which isn’t great news for home sellers heading into the upcoming fall season. 

According to the same report, though, year-to-date inventory still remains roughly 9% below the first half of 2016, and with both year-to-date sales and home prices up slightly, market conditions are still relatively normal for what you'd expect during a gradual, and hopefully on-going recovery. 

As of the end of  last month, the median price for detached single-family homes jumped by 5.2%, reaching $514,800. Overall

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Row homes on the Calgary real estate market are hot right now and if you’re looking to combine maintenance-free with TONS of living space, welcome to your new home in the beautiful Springside Villas neighborhood.

As a 3-storey corner unit, it doesn’t get much better than what our newest listing at 8000 Wentworth Drive SW #202 has to offer, at least in terms of townhouse living in Calgary.

Inside, this particular unit features two bedrooms and two bathrooms, and you’ll find the layout is also roomy, open, spacious, and plenty functional for today’s modern home owner, making it the perfect place to even grow into over time if you’re hoping to stay close to the city.

For private outdoor space, unit #202 is also equipped with 2 private patios, both of which

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Calgary BungalowsIf you’re considering new construction but may not want to pay that expensive new construction premium, our new listing over in Calgary’s Cambrian Heights neighborhood may be the perfect solution. An adorable bungalow situated over at 7 Cumberland Drive NW, this fabulous property offers an incredible value in a very desirable location first and foremost, but once you take a look inside, you’ll truly understand how special of an opportunity this is for anyone in the market for a new Calgary home.

Completely rehabbed to perfection, 7 Cumberland features ample living space that includes four bedrooms and three bathrooms, not to mention a fully finished basement that adds even more living space and a full-size laundry room.

Specific interior features include

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Calgary Condo Sales on the RiseThe Calgary real estate market has certainly seen improvement on a number of different levels compared to last year, and one such area that seems to be trending upward is the apartment style condo and townhouse segment of the housing landscape. 

During the busy spring market, which generally falls between March 1st and the end of May, 866 multi-family units were sold in Calgary, which is up a whopping 59% compared to the first quarter, and up 21% compared to the same timeframe in 2016. 

The strongest demand for condos in Calgary seems to be affordable units that attract entry-level buyers, which is a great sign for a variety of reasons. First, entry-level buyers likely wouldn’t make the commitment to purchase if they didn’t feel comfortable with the

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If you’re looking for the space of a single-family home but also the convenience and low maintenance of a  typical condo in Calgary, our newest listing at 197 Citadel PT NW is certainly worth a closer look. Perfectly situated in Calgary’s Citadel neighbourhood, this fabulous townhome residence features three bedrooms, three bathrooms, and 1,345 square feet of total living area across its two  individual levels, not to mention a location that’s close to schools, parks, recreational trails, and countless other community amenities up in North West Calgary.

Inside, the layout of 197 Citadel PT NW is open and functional, while finishes and features include beautiful hardwood flooring throughout the main level, an open kitchen with an oversized island, a

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Northwest Calgary Home For SaleIf you’re looking for a quiet country setting that’s still not too far from all the amenities, attractions, and hustle-and-bustle of downtown Calgary, our fabulous new listing over at 31 Bearspaw Meadows Bay is certainly worth a closer look. 

Featuring a whopping 3,700 square feet of living area, having enough space and privacy will hardly be an issue at 31 Bearspaw Meadows Bay, especially given the home’s setback position off the street, as well as the two acres of awesome yard space this gorgeous property has to offer. its future owners. 

Inside, the home boasts 6 bedrooms, 5 bathrooms, and a huge 4-car heated garage, and the plethora of updated finishes and features throughout the entire house undoubtedly make 31 Bearspaw Meadows Bay a move-in

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Coopers Crossing is a stunning, award winning neighbourhood, and as soon as you take a quick walk or drive down a few of its quiet residential streets, you’ll quickly understand why. Widely considered one of the premier communities to call home in Airdrie, it’s our pleasure to present to you our exciting new listing: 1258 Coopers Drive SW. 

A spacious 3-bedroom, 2.5 bathroom home that has a distinct look and feel that’s more charming than anything else, 1258 Coopers Drive SW is the epitome of what a home should offer its occupants. Inside, finishes are clean, comfortable, and contemporary, while the living space as a whole is functional and perfect for today’s modern home owner. Unlike in many new communities throughout the Calgary/Airdrie area,

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The Tuscany neighbourhood is one of Calgary’s hottest housing communities, and our newest listing is definitely one of its coolest homes currently available on the market. 

With 4,700 square feet of total living space and exceptional unobstructed mountain views that can be enjoy from nearly every point inside, there’s a lot to take in at 413  Tuscany Estates Ridge, and that’s only just on the surface. 

Inside, the home features a well-appointed gourmet kitchen, vaulted ceilings in the master bedroom, and a master bathroom that can only be described as spa quality. 

Oh, and did we also mention the golf course views as well? 

With nearly 5,000 square feet and also a super spacious 3-car garage, having plenty of storage is hardly an issue at 413

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