
I have recently had to tell a homeowner that the renovation they put time and money into, hasn’t increased their home’s value as much as they thought. The client’s home was in a SE Calgary community and although their renovations were beautiful, the amount of money spent exceeded what homes are selling for in that area.
It’s best to give me a call before you decide on a significant renovation (even if you are not thinking of selling).
Most neighbourhoods have a maximum selling price so you don’t want to out price the area making it harder to sell one day. Expensive kitchen and bathroom renovations or over specializing a room may be great for you, but someone else may not see the value. Some renovations will add more value to your home than others. It might not be what you think....
Call me before you renovate.
Most people feel confident about the basics of home security. For example: Keep all doors locked. Have a light on in the house while away. Never hide a key outside in an obvious place, like under the mat.
Your local police department may have more tips and special programs for keeping your home secure. Give them a call.
According to figures released by CREB® (Calgary Real Estate Board), Calgary residential sales in 2011 increased eight per cent over last year, with 18,568 sales for 2011 compared to 17,267 in 2010.
Recovering from tepid sales activity in the first half of 2011, early improvements in employment and migration resulted in a pickup in housing demand in the second half of the year. By the end of June 2011, year-to-date sales activity had only increased by two per cent compared to the second half of the year, where residential sales improved by 15 per cent.
“While sales activity in 2011 remained below the long run average by 17 per cent, monthly figures point towards the trend of this gap narrowing,” says Sano Stante, president of CREB®.
2011 single family sales totaled 13,186, a nine per cent increase over last year. While sales increased, listings remained low, with an annual total of 24,245, six per cent lower than 2010 levels. The decline in listings relative to sales pushed down inventory levels to 2,761, resulting in four months of supply.
Single family average price in 2011 reached $466,402, a one per cent increase over last year. While there have been some strong monthly increases, primarily due to sales in the upper end skewing the prices, overall prices have remained fairly stable. Meanwhile, the year-end median price of 405,000 remains at levels similar to 2010. Condominium prices have remained persistently low in 2011, while some of the monthly figures have been boosted by high end penthouse sales. By the end of 2011, the average price of $287,172 remained one per cent lower than the previous year.
“Throughout 2011, elevated levels of inventories have limited price growth as consumers benefitted from sufficient supply of housing to choose from; however, as these inventories drop to levels more consistent with a balanced market, we can expect some moderate price growth moving forward,” Stante concludes.

Calgary's top 10 child-friendly neighbourhoods are Vista Heights, Maple Ridge, Parkland, Wildwood, Scarboro, Inglewood, Collingwood, Elbow Park and Glendale. Data collected be Project Calgary measured everything from number of schools to park space and amenities. Want to know where your neighbourhood ranked? (www.calgaryherald.com/projectcalgary)

Home Depot DIY Workshop
Next Workshop: November 12 10:00 am
Duration: 1 Hour
Various Home Depot locations across Calgary. For more information visit http://www.homedepot.ca/workshops

Shaganappi had the most household material (junk in yard) complaints while Erlton had the most grass and weed complaints.
In never-before seen data provided by the city to Project Calgary, the public made 65,000 phone calls to the city in 2010 with bylaw complaints, including things like noise, graffiti, unsightly yards, snowy sidewalks, and weeds and long grass.
Want to know how many complaints where in your neighbourhood? Find out at www.calgaryherald.com/news/data-centre/bylaw-complaints/index.html

Which are Calgary’s top 5 best Halloween neighbourhoods?
Pumphill
Rosedale
Scarborou
Chaparrel
Parkhill
Neighbourhoods with the most trick-or-treaters (based on Calgary Herald reader estimates).
See the full neightbourhood list.
www.calgaryherald.com/news/data-centre/trick-or-treat/index.html
Purchase a kit at any Rona location in Calgary on Jan 22, 2011 for only $39.99 (valued at $250). While supplies last so get there early.
The kit includes:
• 1 Honeywell programmable (2-5 day) thermostat OR 1 8-outlet programmable power bar
• 4 - 13W CFL bulbs
• 4 - 23W CFL bulbs
• 1 low flow (9.5 L/minute) showerhead
• 1 LED night light
• 4 packages of outlet insulators (each contains 8 outlet & 2 switch plate)
• $40 rebate for furnace service with ENMAX
• $50 rebate for duct cleaning with ENMAX
• $100 rebate for an initial home energy assessment with ATCO