The Calgary Herald created a lovely interactive map to tell you the median property assessment value of your neighbourhood. Please click here to check out your neighbourhood on the Map.
There can be a large difference between the property assessment value and the market value of your

Check out the new districts, community names and boundaries that take effect today in this image. Also attached is a chart of the changes, if you would like to check particular communities. Please call us if you have any questions at 403-614-6873 (403-61HOUSE).
What does this

CBC News just posted the 2015 analysis. Sales in Calgary were down 26% in 2015, compared to 2014, but prices only fell 2.6% when looking at the average sale price.
See http://www.cbc.ca/news/canada/calgary/calgary-home-sales-year-end-2015-creb-1.3388657
It will be an exciting 2016!
(Photo courtesy of Mike Moz)

A real estate analyst with the Real Estate Investment Network (REIN) says the fact that Calgary’s housing prices aren’t budging much shouldn’t come as a shock.
“The current Calgary real estate market conditions are disappointing but unsurprising,” said Don Campbell, senior real estate analyst with REIN.
The oil

With the drop in oil prices, the management of your condo might not be the first thing that comes to mind, but there are four things you should pay attention to:

Service Contracts

The Calgary economy is not as strong as it was

Having managed a large portfolio of condominium buildings, along with buying and selling condos for clients, I have found that there are 5 questions that most people forget to ask when buying a condo:

The Rental to Owner Occupancy Ratio

Knowing how many

When you buy your condo, or join a homeowners association (HOA), the members set rules and maintain the common areas and/or the building itself. Your condominium corporation has insurance that covers many risks in the general building or common areas. This condominium master policy is

For those following how the Calgary condo market is responding to recent oil prices, the Globe and Mail has an interesting report. Click to the link below to read the article on the Globe and Mail website.
Boomer buyers boosting the Calgary condo market

Is your condo’s budget being handled properly? Is there a discussion process? Does your condo manager have a clear vision of what your board wants for the condominium?
A proper budget process is critical to avoid special assessments or levies and have a financially healthy condominium.
Read More

1. Non-competitive Projects Bids
For new projects, are your condominium managers bringing you at least one quote from someone they haven’t worked with before? Are the companies they are getting quotes from appropriate for the size of the job, your condo or their company?
Suggestion: