Real estate blog with Calgary real estate news, homeowner tips, and information about living in Calgary.

Real Calgary Savvy blog is about everything and anything to do with real estate, homes and living in Calgary.

Real estate blog with Calgary real estate news, homeowner tips, and information about living in Calgary. Close
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Real Calgary Savvy Blog

When buying a home in a new Calgary community it's important to do your homework. As a home buyer with children, you may think your child is automatically accepted into the designated school in the community you love, but that may not be the case. If having your child attend your neighbourhood school is important, then before you buy a home, contact the designated school. Find out if there is space for new students or if your children will have to travel out of the neighbourhood.


According to the Calgary Board of Education a number of CBE schools can no longer accommodate all the students designated to them, due to a significant growth in the school-age population. When a Calgary Board of Education school is at capacity a lottery process is used. To

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Calgary's real estate market in April, was much like the previous month, year-over-year sales fell while new listings increased, resulting in inventory gains across all sectors of the market. The increase in inventory means home buyers have lots to choose from.

Calgary Real Estate Market Statistics April, 2016

City of Calgary – April 2016 Statistics*

  • Total sales for the Calgary of Calgary decreased by 10.14 per cent from the same period last year.
  • New listings were up 4.96 per cent from the same time last year.
  • The sale to list ratio for April was 97.27 per cent, down 0.32 per cent from April 2015 sale to list ratio of 97.27 per cent.
  • Days on market have increased to 46 days from 45 days the previous month.
  • Benchmark detached home price (typical Calgary home) for April is $441,000.
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Owning a home may be your dream, but in order for the purchase to be the happy and satisfying experience it was meant to be, you need to ensure that you are financially and mentally prepared for the responsibilities that come with it. Buying your first home can be stressful and scary. To help make buying your first home a little easier we have provided 27 questions to ask. 

Questions to ask a REALTOR before you hire them


Questions to ask when hiring a Realtor®.

1. How do REALTOR® fees work? How much do you get paid?

Typically, the fees for both the listing and purchasing REALTORS® are paid for by the seller. The fees are determined at the time the home owners sign the listing agreement. The fees can vary depending on the type of service you’re receiving. What this means is there are

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MaxWell Realty’s charity of choice since 2003 has been Kids Help Phone. Founded in 1989, Kids Help Phone is Canada’s only charity providing free and professional counselling services for young people, ages 5-20. Kids Help Phone handles thousands of inquires weekly through three modes of communication: one-on-one anonymous counselling by phone, one-on-one live chat instant messaging and its interactive website. The website also provides visitors with information on more than 50 topics including puberty, bullying, sexual orientation, gangs and self-harm. The goal of Kids Help Phone is to allow for the voices of all kids across Canada to be heard.

MaxWell Realty Has Donated $465,417 to Kids Help Phone, Alberta Region

As a charity, Kids Help Phone

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Before moving to Calgary, find a trusted REALTOR® to help you find the right neighbourhood for you, navigate you through the home buying process and help make purchasing a home as smooth as possible. Buying a home can be stressful. Buying a home in a city you don’t know very well, adds an extra layer of stress. Take the time to find the right REALTOR® before you relocate to help make your move easier.

Here are a couple ways to find a REALTOR® in another city?

  1. Ask REALTORS® you know in your current city if they know a REALTOR® in they would recommend.
  2. Ask friends or family living in your new city if they have a REALTOR® they would recommend.
  3. Search for a REALTOR using REALTOR.ca. Use more search criteria to find a REALTOR® with specific
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If you have a renovation project in mind – make sure they're renovations that will actually pay you back in the long run. Before you renovate your home it’s a good idea to contact your REALTOR®. Even if you're renovating primarily for your own benefit, you should try to assess the post-project increase in the value of your home, just in case you ever want to sell down the road.

As far as getting a return on your investment, the best money is in upgrading or remodeling your kitchen or bathroom. Keep in mind, however, if you over-renovate for your area, you may not be able to get top value for your renovation dollar. Poorly done renovations may also have no positive impact or could actually reduce the value of a home.

Renovations that are unique and

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No question that the decline in oil prices over the last several months have hurt Alberta’s economy, but the encouraging news is that house prices are holding firm. The sky hasn’t fallen. Buyers are still buying and sellers are still selling.  It’s not all sunshine and roses, but it’s not all gloom either. Sales in Calgary were down 25 per cent in May compared to last year, however prices have held relatively steady. Within the city of Calgary, housing prices totaled $454,100 in May, a 0.55 per cent increase over April and an almost 1 per cent increase compared to last year.

At the beginning of 2015 there was a higher number of homes for sale relative to the number of buyers in the city, causing more than a five month supply of inventory.

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Calgary’s real estate market seemed to go through a bit of an adjustment period in April. Last month saw sellers adjusting their expectations of the market which was apparent by the slightly lower benchmark price (for detached homes) declining 0.7 per cent from March. The number of new listings in April was down 18 per cent from the previous year, and the number of sales was down 22 per cent from last year. The median price has dropped 2 per cent to $420,000 while the average sale price is down by 1.5 per cent to $468,411.

Calgary Realt Estate Housing Market Stats - April 2015

 

“With fewer buyers making purchase decisions and improved selection for resale, new home and rental property, sellers have been either adjusting their expectations on price or delaying their plans about when to list their

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The Calgary Real Estate Board released their March 2015 statistics and it shows that the city’s inventory of available homes to purchase has increased and the benchmark price has eased (-3.82% since March 2014), conditions consistent with a buyers’ market. This means if you’re looking to buy a home there are more houses available to choose from, potentially at a lower price, allowing you to explore more options in your hunt to find your dream home.

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Calgary Home Prices Have Declined

“Typical home prices have declined by 0.59% in the first quarter of 2015, compared to the fourth quarter of 2014. The sales to new listings ratio also dropped to 41% and months of supply averaged 4.01 for the quarter. This is a significant change from one year ago when

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Staying Cool in Calgary this Summer

 

Calgary may get it’s fair share of cold weather, but we also have hot prairie summers perfect for taking advantage of our city’s summer activities. If you’re looking to plan summer 2015 to make sure you get the most out of the hot summer months, here are a couple ideas to pencil in to your calendar, that are sure to be a hit.

Slide The City

New to Calgary this year, you’ll want to experience the famous “Slide the City” that comes to Calgary this year (August 1 & 2). It’s the first year for the event to be in Calgary  & the 1,000 foot slip n’ slide will be set up near Riley Park on Calgary’s 10th Street NW. Because of the popularity this event has experienced in other cities, you’ll need to register to

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