Calgary Real Estate Blog

Home Addition Planning TipsInstead of buying a new home, some homeowners come to a point and need to update their space to meet changing needs. However, Canadian residents cannot build a home addition without taking into account various factors. Not doing so may result in issues when going to sell a home. What do homeowners need to know before constructing a home addition? Understand how to build an addition that will accommodate various needs and meet legal requirements.

Decide What You Need to Achieve

Determining specific goals will help in designing and budgeting for a home addition. Canadian residents may want to:

  • Improve traffic flow;
  • Boost storage space; or
  • Increase living space.

Homeowners need to map out what a home addition will accomplish,

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Buying a Home? Why Care About Credit ScoresCanadian residents may want to move from renting to owning a home. In some areas, it may be a great time to snap up an available property and start building equity in a home of your own. One key element that will be reviewed by any potential lender is that of a mortgage applicant's credit score. Potential homebuyers who anticipate requiring a mortgage loan in order to afford to purchase a home need to look at their credit scores and learn more about the relationship between credit scores and mortgage loans. Those with high credit scores may be easily preapproved for a mortgage, reducing the possibility of potential obstacles when working with a seller in competitive housing markets, such as Vancouver and Toronto.

A credit score is only one

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How to Shop for New Home AppliancesSo you've purchased a new home. Congratulations! Now you may have to think about the types of appliances that you're going to add to the house assuming that they don't come with the property and you don't have any of your own to carry over. When you're going out to purchase those new appliances there are some things that you should keep in mind besides the price. If you get too caught up in the cost of the shiny new appliances in front of you, it can attract your attention over from other critical factors.

The Size Of The Appliance Matters

Fridges, stoves, washers and dryers are not all made in a one-size-fits-all manner. You should take some measurements of the allotted space for each appliance so that you don't end up with one that just

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Adding a deck brings value even to Canadian homes. Read some examplesIt is understandable if adding a deck is not at the top of many Canadian homeowner's lists. Summers tend to be shorter and the time to enjoy them limited. With a little consideration, however, adding a deck can add real value to a home and help when planning to sell a home. Whether it is a smaller, straight-forward single level deck or a large, complex, multi-level deck designed for dining and socializing, here are several ways a deck can add value to any home.

Decks Have High Return on Investment

According to Remodeling Magazine's annual Cost vs Value Reports, adding a wood deck usually adds 75-80% of its cost to the value of a home. That means adding a deck that costs $10,000 will immediately add up to $8,000 to the value of a home. This is

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How to Choose Between Two Homes When Home BuyingMany couples and families run into a situation where they fall in love with 2 Calgary houses at the same time and aren't able to make a decision between either of them. While other people are racing around frantically trying to find their dream home, these few are torn between 2 homes that are both very desirable.

In some cases there may be a split decision between the wife and the husband. The husband has fallen in love with a house with a large rec room while the wife prefers a bungalow that has a lot of storage capacity. In other cases the couple may both be in love with 2 different homes. What would be the solution to this sort of situation?

For informational purposes only. Always consult with a licensed real estate professional before

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What to Know When Refinancing Your MortgageThere are times when it makes sense to refinance your mortgage. It is however, important to have a clear financial objective in mind to be able to choose the most appropriate loan.

Since interest rates are at a 40-year low, switching to a lower rate may save you a lot of money – possibly thousands of dollars per year. There are penalties for paying your mortgage loan out prior to renewal, however these could be offset by the extra money you save through a refinance.

For informational purposes only. Always consult with a mortgage specialist before proceeding with any real estate transaction.

Before deciding whether or not to refinance, you need to determine what you want to accomplish. Remember, a refinance doesn't pay off the debt; it just

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How to Effectively Negotiate the Cost of a HomeThere are many, many books written on negotiation. There are as many good books as there are bad. In the past, manipulation used to be the standard method of choice for negotiating. Learning how to control and use subtle techniques to get what you want, and then leave the other side without a leg to stand on. This ultimately led to prolonged negotiations, with one side feeling cheated. As a result, that side would likely choose not to do business with the other party in the future, or would go out of their way to compensate for their losses. As a result, both sides would lose.

Business has changed. The knowledge and expectation of consumers has increased dramatically. The average consumer has done their homework and now brings a lot more to the

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Understanding the Real Estate CommissionThis is an old made-up story but one that makes a lot of sense. The heat turned off one day and a couple had to call in a specialist to look at their furnace. The house was getting colder and the children were starting to complain. When the furnace professional arrived he was warmly welcomed into the home and made his way downstairs. Upon arriving at the furnace he gave it a quick inspection and then gave it a good bang in a certain spot. The furnace instantly turned on, the couple was elated and they all headed upstairs to give the children the good news.

The furnace guy took out his invoice and handed the couple a bill for $200. The husband was shocked at the price and asked why he had to pay $200 for 5 minutes of work. He also added that he

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The Best Candies Around CalgaryWho doesn't have a secret sugar craving? Whether it's Halloween, a special occasion, or you just want to indulge your taste buds, here are some unique candies and sweets around Calgary that you have to check out.

Coppeneur Chocolate's Chili & Whiskey Bar - 105 8 Avenue SW

For dark chocolate lovers, stop by Coopeneur Chocolate's Chili & Whiskey Bar for their Chili & Whiskey Chocolate Bar. Their chocolate uses Highland Whiskey, chilies and cayenne pepper making their chocolate quite hot. They offer various flavours through truffles, filled bars, hot chocolate, nougat spreads and so much more. This type of chocolate is a favourite among parents more than their little ones.

Gummi Boutique - 205 10 Street NW

Kids absolutely love the Gummi

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Selling a Home With a Damaged FoundationHomeowners do not need a surprise expense when a buyer is ready to go to contract. An inspection may uncover some issues requiring immediate attention by the seller. Canadian homeowners should be aware that a damaged or cracked foundation, whether it's in South Calgary or elsewhere, may require the attention of a specialist.

It is important for homeowners to set aside additional funds for any unusual repairs and understand the clauses that may come into play with home mortgages and within a real estate contract in Canada. Learn more about selling a home with a cracked foundation today.

Can a Home Be Sold with a Cracked Foundation?

A cracked or damaged foundation is not going to go unnoticed during an inspection. However, a homeowner may be

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