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Calgary, Alberta growth expected to more than double in size

12-01-09
Todd Terry
Todd Terry: Real Estate Agent in Calgary, AB
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  • Office: (403) 216-1600
  • Mobile: (403) 975-8633

S outhern Alberta's population will increase by about two million people over the next 66 years, with most of that growth centred around Calgary, says a new provincial planning document.

Even before the population swells to that level, the Alberta government says it wants to improve water conservation, efficiency and productivity by 30 per cent in the next six years.

The detailed strategies for meeting these and other targets will be addressed in public meetings regarding the South Saskatchewan Regional Plan. The meetings begin today.

The purpose of the meetings is to discuss regional plans that attempt to balance population and economic growth with land conservation and the protection of water sources.

A government report setting out the terms of reference for the regional plan states that "significant growth is anticipated in the Calgary Metropolitan Region over the next 60 to 70 years. It is expected to add 1.6 million residents by 2076."

Realtor that are Prepaired to handle a large load could see large returns on there current market plans.

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Lake Sundance Real Estate Market Report - November 2009

12-01-09
Bernice Dubon, Calgary Alberta Realtor
Bernice Dubon, Calgary Alberta Realtor: Real Estate Agent in Calgary, AB
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  • Office: (403) 252-5900

This is the time of year when the housing market in Calgary Alberta typically begins to cool down. People are getting ready for Christmas, and getting ready for vacations rather than moving. However this year has been really unusual to say the least. The recession, followed by low housing prices and historically low interest rates has changed everything that we might consider usual in the Calgary Real Estate Market. Even now, my own business has been busier than it has been all year.

Here's a snap shot of the real estate activity for November 2009 in one of Calgary's great lake communities, Lake Sundance:

Lake Sundance Home Sales November 2009

Throughout November, there were around 22 homes for sale at any given time. 11 Homes sold in November, and 2 are currently under contract or "Conditionally Sold."

The Average selling price in Lake Sundance was $407,072 and the Median for November was $351,000.

As in many Calgary communities, the homes under the $350,000 mark are showing real activity. Currently out of the 22 properties listed for sale on MLS for Lake Sundance, only 5 are under $350,000. In working with my buyer clients, this is where I'm seeing price increases. When ever the least expensive home in each community is sold, they leave behind the higher priced homes for the remaining buyers to choose from.

Check out the homes for sale in Lake Sundance right now. Visit www.lakesundancehomes.com

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Location, Location, Location, Home Style

11-30-09
Joe Samson
Joe Samson: Real Estate Agent in Calgary, AB
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  • Office: (403) 278-8899

The phrase, "location, location, location" has become a cliché in the real estate industry, but that is only because it is true. No one wants to live in Cracksville. However, many people

who are looking for a home have the choice of many neighbourhoods where bars on the window are not in fashion and the question is, ‘should I choose the neighbourhood I like or the home I

like'?

A good neighbourhood is one thing, but a neighbourhood that's good for you is another. For parents, a ‘good neighbourhood' may be one with parks, good schools and low traffic streets. For

people who enjoy a lot of get-togethers with friends, a neighbourhood with plenty of nightlife, restaurants and other social opportunities may be a ‘good neighbourhood'. For pet owners,

proximity to a good veterinarian, dog park or pet daycare might be the ideal.

If you're looking for future investment, by all means purchase the best, less-than-ideal house you can in a great neighbourhood. If you feel that you really need that third bedroom, you

might take a home in a neighbourhood that is a little less convenient, but you might not realize the same amount of equity that you do in a home that is in a more advantageous location.

However, if your future plans make a house with certain features important, you may be willing to sacrifice. People who are planning to have children or bring people into their home may

require extra space, for instance, so a house in the best neighbourhood possible with 2 bedrooms can't compete with a home in a less desirable neighbourhood that possesses 4 bedrooms.

Are you a home-body or are you always on the go in the neighbourhood and city? For people on the go, a good neighbourhood is important - if you want everything at your fingertips, it makes

more sense to buy where such things can be had. If, on the other hand, you enjoy spending most of your time at home, you may not mind that there isn't a grocery store within walking

distance or a coffee shop nearby. Of course, if you have an eye to a future home sale, you might want to consider the things that a future buyer might be looking for.

Picking a home that is right for you is more than whether it has a certain amount of bedrooms or if the bathroom has a soaker tub. It's whether the neighbourhood suits your personality and

what your goals are for the property in the future. Pick your home and neighbourhood carefully for the maximum enjoyment of home ownership.

For information about the Calgary real estate market, visit JoeSamson.com an excellent resource for Calgary houses for sale.

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Buying a Home in Calgary? Somerset is a Great Place to Start

11-13-09
Bernice Dubon, Calgary Alberta Realtor
Bernice Dubon, Calgary Alberta Realtor: Real Estate Agent in Calgary, AB
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  • Office: (403) 252-5900

Park in Someret with sculpture and gazeboWhen home buyers ask me about the neighbourhoods in Calgary, depending on what their home buying needs are, I usually let them in on one of my favorites... Somerset.

As it stands today, Friday November 13th, 2009, homes range from $179,900 to $274,900 for condo apartments and townhouses. Single family home listings start from $374,900 and go up to $499,900.

The bottom end for single family homes in this community has steadily increased over the past few months. 60 Days ago, the least expensive home sold for $315,000. Now the lowest priced single family home on the Somerset real estate market is $374,900. The reason for this... home buyers looking to get into the market are snapping up the most affordable homes.

Least Expensive Homes Sold in Somerset

Somerset Calgary AlbertaWhether you're looking for a starter home or thinking about moving up, Somerset has much to offer. For starters, it's the first stop on the LRT in south Calgary, so if you work downtown, the first seat on the train could be all yours for the morning rush. Besides the C-Train, practically every other convenience is right near by. Schools, shopping, restaurants, the movie theatre, Home Depot plus all of the major grocery stores are within walking distance. Add to that the South Fish Creek Recreation Association, and there's no excuse for not having something to do... this fantastic complex houses the YMCA, the library, hockey rinks, and the local farmer's market.

Want to find out what's available in Somerset right now?

Click the link below:

Somerset Homes for Sale

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October Market Update

11-09-09
Miranda Moser Realtor® Century 21 Bamber Realty Ltd.
Miranda Moser Realtor® Century 21 Bamber Realty Ltd.: Real Estate Agent in Calgary, AB
  • view my blog
  • Office: (403) 245-0073
  • Mobile: (403) 470-0021
  • Secondary: (888) 754-6631
With all of the recent, positive housing data, I thought this would be a good time to take a look at how the Calgary and Canadian real estate markets are performing. The most recent average home prices, released by CREB, indicate that we've seen almost 9 months of uninterrupted growth. Back in December of 2008, the average house price in Calgary was $413,049 and as of September 2009, the average house price was $462,465.

09-11-2009 2-25-08 PM

Another important real estate market indicator that has seen improvement in the last month is the amount of new housing starts. Generally, residential construction companies build 6 months to a year in advance. And, an increase in the amount of new starts translates into a vote of confidence for both today's housing market but more importantly, the housing market 6 to 12 months down the road. For the month of October, housing starts increased 5.4%, building on increases in previous months.

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And with all of this positive data, CMHC has gone ahead and improved their forecasts and outlooks for 2010. After a year of dismal news on the Canadian economic and real estate fronts, this is welcome news.

As always, visit my Calgary Real Estate website for further information regarding the Calgary Real Estate market.

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