Calgary Real Estate Blog

If you're an avid treadmill enthusiast and are thinking about buying a new condo in the upcoming future, you'll need to find out first whether you can operate a treadmill in the unit. While most condominium buildings won't have a specific rule concerning personal exercise equipment, there will be other simple rules that may make it impossible to run the machine.

It's All About The Noise Level

Most condo agreements will have a stipulation about individual noise levels from each unit. Most will basically say that you cannot make noise that will bother your neighbours. This means that you'll have to find out how the noise travels from one condo unit down to the one below it.

In some cases you'll be able to drop bricks on your floor without

For some home owners, selling a home without the help of a real estate agent is a tempting way to save money. Unfortunately, there are some pitfalls to the for sale by owner model. Understanding these pitfalls can help home owners to decide for themselves whether they want to sell their home with or without the help of a real estate professional.

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

Pricing Problems

Real estate agents are specially trained to price homes properly. They use a model that compares like homes in a neighbourhood or a community. After evaluating the prices of comparable properties, real estate agents can determine

Sometimes you can get lost with all of the real estate terminology when you're talking to your agent, reading an article or looking through the various homes on the MLS® System. There are quite a few terms that a layman may not have run into before and the three most important ones that need to be explained are median, benchmark and average prices.

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

Median price

If you were to take all of the sales within a given time period and put them in a list that ranged from the lowest price to the highest one, the median price would be the price value that is found right in the middle. Half of the real estate

For some people, the ideal living environment involves cutting down on their current space to something more manageable. This might be a great opportunity, provided that the current sale offers enough incentive. This guide shows how to improve the odds.

Establishing Downsizing Goals

First, sellers should set a few goals based on the reality of the current market. For a lot of people, selling in a hot market can return a lot more money than they were expecting. However, sellers who plan to buy in the same market might also have to pay more for a smaller home. It makes sense to consider some questions about the reasons for downsizing, including:

• What is the market like in the place I'd like to live?
• Am I looking to supplement my income

Though most people enjoy their homes, there are some hazards that homeowners may need to deal with. The potential of mould in ones home is one of those potential hazards. How worried should Canadian homeowners be if they uncover a serious mould problem in their home? While not all forms of mold are toxic, the existence of a mould issue can possibly impact the health of occupants.

Homeowners want to protect their family, and mould, which may be hard to detect and even more difficult to eliminate, can exacerbate existing health issues. It is important to address the issue early on to avoid the possibility of worsening heath issues in occupants.

Where Does Mould Commonly Form in the Home?

Mould can be found in parts of the home that have high

Painting your home before selling it is one of the best ways to get it sold faster and for a better price. But this only applies if the job is done the right way. Otherwise, sellers could hurt their chances of getting their home sold quickly, and they may need to take a price reduction to generate interest. Fortunately, there are some tips sellers can follow in order to make sure their home is painted right.

Match the Neighbourhood Colours

Whether a seller likes the colours in a neighbourhood or not does not really matter. They're going to be moving away. When a house is re-painted, it should follow the basic colour scheme of the neighbourhood so it blends in and does not stand out in a way that is not appealing to buyers. Homes that are

You have a beautiful home, and you know it will sell quickly if you can just get people in to see it. There are many steps to selling a house, but here are ways you can make showings easier on your real estate agent and prospective buyers.

Should I Stage My Home?

What is home staging and how important is it? The way that sellers stage a home sends a clear message to buyers. That message could be, "I love my home so much that I don't really want someone else to buy it," or "I am going to let you decide if this home is right for you." Most experts will tell you that the latter is the better choice. You do not have to make a vast number of improvements just so buyers will be interested, but it will be worth it to you financially to put the home

The payment of closing costs is one of the last things that happens during the home buying process. For a home buyer, it's important to understand what closing costs are and how much they'll cost. Home buyers who go into the process with this knowledge are often more prepared to buy a home.

What Are Closing Costs?

Closing costs are the administrative fees associated with certain steps of the home buying process. Closing costs can vary depending on where the house is, how much it costs and other factors. Still, most home buyers pay between 1.5% and 4% of the purchase price of the home in closing costs. Budgeting for this money up front can help home buyers who are just starting process of purchasing a home.

When Are Closing Costs Paid?

"Location is key" is a well-known cliché in real estate, but, indeed, it has a foundational truth. When scouting for a house, location is one of the key factors one will have to consider. Location dictates value, affordability, and one's quality of life. Here are four factors buyers should consider when choosing a neighborhood.

Finding the right house can really make a place feel like home, but it isn't just about the physical building itself. It's also about the location. Real estate agents talk about location all the time, and about how important it is for most people. There's a reason for that. Location matters.

Wondering how to find the right house to buy? To find the very best location for your new home, ask yourself these questions.

Are

If you're like many Calgarians, you're expecting to make a lot when you sell your home. A poll released by BMO and conducted by Pollara shows that 33% of the residential home owners here in the city believe that their home is worth twice as much now than it was at the time of purchase.

The survey also shows that 32% of Canadians think that their home is worth double the amount they first invested into it. The results were also high in major cities across the country. In Montréal, 48% of those polled believe that their home is worth twice the amount while 43% of the residents in Vancouver and 42% of the home owners in Toronto believe the same thing.

Nationally, average Canadian homeowners are expecting to see a 62% ROI on the sale of their