Exterior insulation and finishing system (EIFS) has been a subject of debate over the years. EIFS is “a class of non-load bearing building cladding systems that provides exterior walls with an insulated, water-resistant, finished surface in an integrated composite material system.”¹ So, an exterior withRead More
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.
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.
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:
The Calgary economy is not as strong as it wasRead More
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 manyRead More
Genworth has listed 5 good benefits of off-season homebuying in the following article:
These points are especially applicable in Calgary right now, where we are also facing lower oil prices!
Genworth Canada discusses 5 benefits of off-season homebuying
The only one I disagree with is
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 isRead More
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