JUST LISTED : 88 Patina Point SW

Absolutely delightful breakfast nook encircled in bay windows? This is not your average condo! This unit meets everyone’s needs with two enormous bedrooms and two and a half bathrooms. The master ensuite bathroom features an incredible steam shower! The unique aesthetic choices like the clean white walls throughout and the driftwood-stained hardwood in the living and dining area up the style and polish for a truly unique, contemporary atmosphere. Enjoy all the modern comforts in this home; a Sub Zero fridge, Jenn-Air built-in self-cleaning oven, stone-faced gas fireplace, double tandem garage, and more than necessary storage. Relax in the sun on your two decks with mature landscaping and incredible unobstructed views. This unit’s architecture is rare and exceptional– just like you! A few minutes from public transit and a short ride to the mountains – discover your new home and the desirability of Patterson.

Check out the virtual tour! And for more details click here.

JUST LISTED : 306, 3650 Marda Link SW

Modern, luxurious living begins and ends in fashionable Marda Loop. Tired of cookie-cutter layouts and unimaginative design? This extraordinary penthouse suite of the coveted Courtyards at Garrison Woods speaks to a new class of contemporary Calgarians. Incredible double-height ceilings and a sunlit, open plan impress straight through the door, while a corner gas fireplace and oversized garden-facing windows make entertaining an effortless thrill. The peninsula kitchen features upgraded appliances, a tiled backsplash, a sizable pantry and slate flooring. Under the stairs is a built-in office nook, and around the corner a convenient powder/laundry room and a spacious balcony.

Last but certainly not least, atop the elegant staircase is the inspiring master retreat — a private loft that stretches the entirety of the suite and features an interior balconied view of the living-space below, and the courtyard beyond. A roomy mirrored closet and 4-piece, modern master-bath polish off this compelling upper floor.

This is a secure, upscale 18+ building with exceptional recreational features including a lap pool and change rooms with shower facilities. The exercise area includes stationary equipment. There is also a clubhouse with a fireplace, kitchen facilities and furnishings. Guest suites are available. Also note there is an assigned, secure underground parking stall, storage locker, air conditioning and integrated sprinkler system. Two blocks from everything you need from, restaurants, groceries and coffee shops to Village Ice Cream. Just a quick trip to Mount Royal University, Glenmore Athletic Park or Downtown.

For more details click here! Call 403-370-2620 to book a private showing!

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It’s a New Dawn, It’s a New Day, It’s a New Home??

If you are one of the excited few thinking about taking the leap into the house of your dreams this year, congratulations! Choosing and customizing your home should be among the most thrilling, fulfilling experiences out there. And, just in case you were wondering when this was going to start being about me, well here it is: when buying a new home, it’s a pretty excellent idea to have professional REALTOR® representation. Oh wait, I’m a REALTOR®! What a coincidence!

Let’s talk about show suites for a minute. If you’ve got your eyes on a new build, and feel like browsing around a show suite… HOLD IT! Did you know, that if you don’t have REALTOR® representation the first time you set foot on that site, you may not be allowed to include me as part of the process after that? Basically, if I don’t “introduce” you to the builder, you may lose the right to future REALTOR® representation completely. Yikes is right.

Now, if you’re working with a builder sales rep on a new construction, don’t get me wrong; they will give you quality information regarding development specifications, financing options, upgrades and sales. However, while REALTORS® are contractually obligated to represent the buyer (you), on site sales reps are hired by, and contractually obligated to represent the seller (not you). Think of it as showing up to court without a lawyer, and then asking your opponent’s lawyer for legal advice.…Ok, maybe it’s not that serious. But you know what I mean!

So, as shiny, manicured and tempting as they are, remember to give me a shout before succumbing to the enticing lure of the show home! Plus, then we can grab milkshakes afterwards and chat about it.

– Monique

The Next Step

Move-up homes driving construction activity, community development, say local housing officials

The head of Calgary’s new home industry believes move-up products have become the go-to sector within Calgary’s residential construction industry, and will be the backbone of new communities moving forward.

Allan Klassen, who is the newly minted chair of the Canadian Home Builders’ Association – Urban Development Institute Calgary Region, said buyers’ focus over the last several years has been increasingly focused on detached product priced over $500,000.

“It is the prominent driver in terms of overall growth of new construction,” said Klassen, who is also senior vice-president of Calgary housing for Brookfield Residential, which is behind the mixed-use Seton development in the southeast and the recently announced Livingston community in the city’s north.

He noted move-up homes provide the foundation behind many of Calgary’s newer communities, such as Auburn Bay, Cranston and expansions in Tuscany.

Klassen describes the typical move-up home buyer as young. He estimates nearly half of these buyers are between 25 and 34, while their average household income is around $125,000.

“WHEN A FAMILY IS GROWING, PARENTS ARE LOOKING FOR SCHOOLS, PARKS, KIDS PLAYING ON THE STREET. THEY’RE LOOKING FOR A SENSE OF BELONGING.”

Their reasons for moving up vary, but are primarily driven by lifestyle changes, such as a growing family. As such, the adage that real estate is about “location, location, location” still holds true when considering move-up buyers.

“When a family is growing, parents are looking for schools, parks, kids playing on the street. They’re looking for a sense of belonging,” said Klassen, adding that, once those locational needs are met, features such as increased square footage, more bedrooms and storage space come into play.

Stephanie Myers, who is Jayman BUILT’s vice-president of single-family housing operations in Calgary, estimates 55 per cent of the company’s sales year-to-date fall into the move-up category.

“This is a higher rate than we would see in a typical year,” she said, noting the price band for move-up homes has widened. She added move-up homes used to be $500,000 and up; now, however, they’re available for around $450,000.

Stephanie Myers, Jayman BUILT
Stephanie Myers, Jayman BUILT

“Given the incredible price points in the current market, and with interest rates running as low as they are, we have seen a number of buyers skipping the traditional starter homes and jumping right into the move-up segment,” said Myers. “The first-time buyer is more prominent in this group than ever before.”

Klassen agrees, saying Brookfield currently sees more than half of its move-up buyers coming directly out of rentals.

According to both Klassen and Myers, move-up buyers will typically settle into their homes for five to seven years before looking to move up again – often within the $600,000-$800,000 price range.

Don Barrineau, Mattamy Homes’ division president in Calgary, said his company is seeing similar demand within the move-up sector. Mattamy has currently released new floor plans within its master-planned communities in Calgary and Airdrie that offer larger square footage (up to 3,400 square feet) and larger lots (up to 43 square feet).

“We want to have a large variety of consumer segments and product types in our communities,” said Barrineau, noting that offering move-up homes allows buyers to go through the majority of their life cycle in one community, should they so choose.

Barrineau encourages move-up buyers do their homework and market research to determine, “what changes will happen within a person’s life that will instigate a move to a different product type, and what will they be looking for in that different product type.”

In Cityscape in northeast Calgary, for example, Barrineau said move-up buyers are seeking more bedrooms and an option to include a spice kitchen.

 

CREBNow By: Kathleen Renne

Home Inspection 101: What Is It And How Much Does It Cost?

You just walked through a brand new listing, and are now a firm believer in love at first sight. From the moment you walked through the front door, you knew it had to be yours. The walk-in closet, open concept plan, and luxurious backyard were exactly what you’ve been dreaming of and may have been enough to make you overlook the leaking faucet in the bathroom and strange smell coming from the basement.

Sometimes when viewing a home, it is easy to let staging get the best of us. We get so caught up in the pretty wrapping that we forget to look inside to see what makes the home tick.

It is a classic example of never judging a book by its cover, and can be easily solved with a home inspection. When buyers put in an offer, there is the option to insert a home inspection clause. When you hire a professional home inspector, you can save yourself time, stress, and avoid potential financial risk by proactively identifying any issues within the inner workings of the home. The home inspector will do a visual inspection of the structure and components of the home to ensure everything is performing correctly and is in safe working condition. The home inspector will pay special attention to the following areas of the home:

  • Roof
  • Ventilation
  • Fireplace
  • Plumbing
  • Electrical
  • Appliances
  • Exterior
  • HVAC
  • Structure

How Much Does an Inspection Cost?

The cost of a home inspection will vary depending on factors including the age, size, and location of the home. Always make sure you choose your home inspector carefully by doing your research and taking a close look at their qualifications and credentials. Choosing a reputable inspector could save you from running into unplanned and often costly issues in your new home.

Ask your me for a list of recommended Home Inspectors in your area.

 

 

*courtesy of Re/Max.ca

5 Tips for Buyers

Traditionally, spring has been the time that many buyers and sellers become motivated to enter the real estate market. The warm weather and longer days encourage potential buyers to get out and look for a home to fit their needs and budget.

1. Get your credit in shape. If you plan to finance your home purchase, check your credit history, especially if you’re a first-time buyer. That way, you can correct any errors and take measures to boost your credit score. Order your free credit report in writing from Equifax Canada and TransUnion Canada.

2. Get pre-approved for a mortgage. Early in your search, meet with a mortgage lender who will take a look at your credit history, your savings and investment statements and your current financial situation, and give you a better picture of what you can afford and the financing options available.

3. Establish your budget. Whether you’re financing your purchase or paying cash, it helps to establish a budget. This will help you focus your search on great homes within your price range.

4. Make a list. Buying a home is a process of elimination, not a process of selection. Make a list of your ideal home’s must haves and deal breakers. This will help you to narrow your search so that you can find a home that fits your current and future needs.

5. Think about resale. While you may purchase your home as a long-term investment, keep in mind that you may need to sell it one day. Consider the homes resale value when you’re looking at properties.

 

58.6% of Canadians Homeowners Have A Mortgage*

 

*Source: Statistics Canada

Sell Household Items Today!

If you’re like most people, you probably have items in the attic, basement, garage and closets that you don’t need, use and maybe even forgot that you had. Garage sales allow you to make space in your home while making money.

Use these easy tips to plan your garage sale:

  1. Create an inventory sheet of what you’re selling, and list the price of each item in case the tag is missing.
  2.  Price it right. Although you want to price your items slightly higher to account for haggling, don’t price them so high that you can’t sell them. Remember, shoppers expect bargains.
  3. Sell with others. Recruit your neighbours, family and friends to sell their stuff with yours. Bigger garage sales often attract more people.
  4. Get your items ready to sell. Clean your sale items, and make sure that they’re in good shape. If you’re selling electronics, make sure they’re in good working order, and have the cords attached.
  5. Set the date and place for your sale. Saturday is the best day of the week to hold your garage sale.* Choose a date a few weeks in advance to give you time to prepare, and choose an alternate date as well in case of bad weather.
  6. Advertise your garage sale in your local newspaper, on Kijiji and Craigslist, and with signs on your local roads. Choose bright coloured poster board or cardboard, and write the details of your sale in large black letters that drivers can see from their vehicles. Put up six to eight signs a few days before your sale to improve the chances of shoppers stopping by.*
  7.  Set up an hour or two early on the morning of the sale. Experienced shoppers will show up at the posted time so that they can score the best deals. So if you plan to open your sale at 7 a.m. (the best time of day to do so*), then start setting up around 5 or 6 a.m.

*Source: Signs.com