Over the past few years, Calgary has witnessed an ongoing, and sometimes fierce, public debate on the topic of secondary suites in single-family homes.  The debate is fueled by a number of factors, including economic and lifestyle trends that are driving the increased demand for legal secondary suites in the existing Calgary real estate housing market.

At first glance, secondary suites seem like a throwback to a bygone era when the extended family housing model was commonplace, but there is nothing old-fashioned about the secondary suites built into contemporary construction.  These apartments have everything needed for independent living and offer a great way to enjoy all the benefits of an extended family lifestyle while preserving privacy at the same time.

Owning a home with a fashionable, legal secondary suite allows families to experience the luxury of accommodating young adults and elderly family members under the same roof.  Multiple generations can live together, learn from, and support one another while retaining the ability to retreat to their own private space.

The 2016 Statistics Canada Census data shows that 1 in 3 Canadians between the ages of 20 and 34 live with their parents.  This number has been on the rise since 2001.  Housing affordability is a driving force behind the trend.  Another reason is that in an increasingly competitive job market, young adults are pursuing multiple advanced degrees before striking out on their own.   A secondary suite offers parents and children the best of all worlds and the ability to keep your loved ones close, but not too close.

On the other end of the spectrum, secondary suites are an attractive option for older adults looking to “age in place.”  Comfortable, private apartments in the homes of their children allow seniors to age comfortably and gracefully while lending a hand with child care and other family duties.  Children can rest comfortably knowing their beloved parents are right downstairs should they require assistance.  The economic benefits of reduced living expenses are shared by all.

Even the closest of families can develop a conflict with one another at times.  People can become particularly sensitive when they feel they lack privacy and a sense of independence in their lives.  Secondary suites allow families to acknowledge valid issues while offering a solution.  Whether you are 21, 81, or somewhere in between, we all need privacy and quiet time in addition to the love, support, and companionship of extended families.  Secondary suites offer a perfect solution for Calgary housing challenges confronting modern families.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-465-0210 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

So, how are you getting along with RECA’s Residential Measurement Standards (RMS)?

It’s been nearly a year since RECA launched the new standards, so the ins and outs of applying it must be routine? You may not agree with every aspect of the RMS, but by now you should be able to present your listings compliantly and explain the rationale and principles to your clients and prospective clients.

All is good and we can move on to other pressing matters . . . right?

If you paused on your response, you’re likely our target audience for this article. The simple reality is that there will never be a measurement standard that pleases everyone—at least that was our experience in the decades that this was CREB®’s work.

From time to time, we would see the need to make some changes, but often it was because new housing products would evolve and we needed to make sure they were included in CREB®’s Measurement Guidelines. This is how different standards evolved over time for single-family and semi-detached product—and then we saw waves of new attached and multi-family structures that drew out even more approaches.

In the absence of any legislated standards, local real estate boards, the new construction industry and other municipalities inched down different paths.

Some time ago, we viewed registered size as a means to establish a consistent size of condominium properties and we know where that has ended up. Maybe the problem is that during all this time, we focused on the structure, rather than the space people use the dwelling to live in? Even NAR on realtor.com advises consumers that, “. . . a home’s square footage can be surprisingly subjective.”

If that’s the case, then maybe we have been too focused on using exact measurements, and perhaps a margin of error or tolerance should be built into the RMS?

It’s sometimes easy to forget that the CREB® measurement standard did not create a perfect world either, and we are not likely to go back to that world in any case. We now have a measurement standard that is principle-based and mandated, which is envied by some jurisdictions like Toronto.

My colleague from the Toronto Real Estate Board (TREB) has said from an Alberta stage that they would love to have a standard imposed by RECO (Real Estate Council of Ontario) because it would bring order to their chaotic approach.

Meanwhile, RECA has heard the concerns of the real estate community after the RMS launch and has since initiated a request for feedback last November. Over a three-month period, they invited you as industry professionals, as well as real estate boards, to provide input by February.

We hope many of our members took action and provided feedback on this subject, as we did here at CREB®. We continue to be very concerned with the impact of the RMS on CREB®’s MLS® System. I will not retrace all of that ground here, but we will not rest until we have a database that our members and Alberta consumers can rely upon as being fully accurate.

Our main message in our submission to RECA was the need for consultation, effective change management and a concerted lobby effort for the RMS to be adopted by all participants in the residential housing sector. We encouraged RECA to maintain the principle of providing a measurement standard that gives consumers and industry professional’s accurate and consistent property measurements.

Following the principled approach, we also advocated for a measurement standard that is simple and consistent with every type of home. You can read our submission by clicking here and keep in mind that in approving this document your board of directors is maintaining their focus on the big picture.

You will also see how we positioned AREA to play a key role in lobbying for the adoption of the RMS as the only standard of measurement in all aspects of residential housing in Alberta.

As RECA continues to consider making changes to the RMS, we are encouraged that they have embraced greater consultation and proactive change management practices. With a fresh approach, we hope a principle-based standard can meet the test of the common sense approach and that it can be readily determined by industry professionals.

Please take a close look at our submission. We are continually asked to provide input and feedback on your behalf in an endless number of ways. Obviously, when we speak on your behalf, we try to respond in a way that reflects the wishes and objectives of the majority of our members. In the case of the RMS, that is a lofty goal and the additional complication is that by suggesting something new and radical in moving to a fully interior living space approach (paint to paint), thinking outside the box comes with risk, something we have been proud of our directors for taking on judiciously.

Our document may not be popular with some of you, but it does achieve the goals of database integrity and promoting member’s interests by steering the thought process toward a principled approach to landing a measurement standard that is consistent and simple to explain, and provides the opportunity for consumers and REALTORS® to genuinely compare all product types equally.

We invite you to share your thoughts here, or you can come to our Town Hall meeting at CREB® on May 31 at 2 p.m. Among other things, we will update you on the work of the Presidential Task Force—the group of your peers that have been taking a fresh look at RECA’s current enforcement of the RMS, while also making recommendations regarding CREB®’s ability to protect the data integrity of the MLS® System.

Moving this conversation further into the realm of principle may not be an easy route, but what if there is a better way to represent the size of a home? Your board of directors is always thinking strategically and have considered the possibility that REALTORS® leading the way toward a measurement standard that resonates with consumers is the ultimate act of advocacy.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-465-0210 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

Too many novice homebuyers and investors still make the rookie mistake of buying the right house in the wrong neighbourhood.  While most people are familiar with the real estate mantra – LOCATION, LOCATION, LOCATION – some buyers fall in love with the look, feel and features of a particular home and, as we all know, love is blind.  Location ends up getting trumped by the hard-to-resist lure of a pretty façade.  In truth, buyers are better off buying a home in the right neighbourhood that has only half the amenities on their wish list than buying their perfect dream home in the wrong neighbourhood.

Narrowing a property search to the right neighbourhoods requires the guidance and assistance of a professional Realtor who has a clear understanding of your purpose in buying and your short and long-term real estate goals.  Your Realtor also needs to get to know you a little on a personal level to help in targeting the neighbourhoods that will offer the best fit for your personality and lifestyle.  The right neighbourhood for an investor will not necessarily be the right neighbourhood for a young couple with school age children or a single person seeking access to downtown amenities.

In order to maximize short-term cash flow and long-term equity growth, investors need to search for properties in up-and-coming communities that attract quality tenants.  If you are intending to be a landlord near a university, access to public transit is a critical element since many students and faculty members do not own their own vehicles.  Homebuyers with children need family-friendly neighbourhoods with proximity to good schools, parks and recreational facilities.

There are a myriad of factors to consider when buying a home.  Pinpointing the right location is a function of all of these considerations.  Do you work?  Where do you work?  Do you have children?  How do you feel about commuting?   How do you spend your leisure time?  Are you a condo or a house buyer?  If you are an investor, what are you hoping to achieve?  Is this your first investment or part of a larger portfolio?  These are only a few of the questions to consider before launching a property search.  The answers to these questions, in the hands of a knowledgeable Realtor, will help determine the locations to focus on in your search.

Even though all clients come to the table with wildly-differing goals and expectations, everyone is looking to achieve a positive return on investment (ROI) and location has a huge influence on ROI. At the same time, if you are going to be living in the home, you want to be in a neighbourhood that will accommodate your needs and complement your lifestyle.  The suburban home you fell in love with at first sight may start to wear on your nerves if it involves a long commute.  And the downtown condo that is close to work may leave you disenchanted if you have always harboured dreams of large backyard barbecues and an expansive garden.

Pinpointing the right location with strong potential for both long term ROI and short-term comfort and satisfaction involves a delicate analysis that is best conducted with the help of an experienced and objective Realtor.  You will need a pro to help you weigh all factors and choose the right property in the right neighbourhood for you and your family.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

The home buying process can be very exciting…choosing the neighbourhood you want to live in, scouring through listings and checking out weekend open houses to find the home of your dreams. I enjoy helping my clients through this process – it’s one of the many reasons I became a Realtor. My job is to give my clients the tools to buy with confidence, which is why I work with specialists and ensure that I am keenly up to date during the many ebbs and flows that is the real estate industry. If you are thinking of buying your first home, or ready to get back into the market after several years of home ownership, a licensed Realtor is essential to help you understand all your options.

Once my client has made the decision to purchase a new home, I help them to weigh their options. These options can be anything from location to budget restrictions – but whatever they are I use my years of experience to help guide them in the right direction. Providing them with a good understanding of what their desired locations means for their budget and lifestyle, as well as ensuring that they are making a good long term investment that will help secure their future golden years.

I also work alongside accredited mortgage brokers who are experienced and knowledgeable. Having them as part of my team allows my clients to secure their financing in the early stages of the process. This relationship bodes well especially when a client is self-employed or has a non-traditional source of income. A mortgage professional can help to easily navigate home buyers through the labyrinth by assisting in getting the required documentation and advising on what type of mortgage and payment plan suits their financial needs.

Whether you are a typical buyer looking for your next place to call home or an investor who would like some assistance in buying additional properties, my team and I have the qualifications you need to make the process a seamless one.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

As a Realtor, my clients are always asking me which home improvements tend to attract buyers and bring the best return on investment when it comes time to sell. In Calgary, homeowners cannot go wrong in replacing dated, worn-out windows with attractive, energy-efficient replacement windows. The return on investment will be realized immediately in the form of reduced heating and air conditioning bills and will continue down the road in the form of appreciation. Replacement windows are also one of the few upgrades that will please nearly all buyers.

Many home improvements are more about livability than adding value to your asset. By all means, if you are planning on staying for a while and have the means to do so, go ahead and make any and all improvements that make you happy. If, however, you are planning on listing your home for sale in the not too distant future, think twice before making certain improvements that are not likely to add value to the property and may even impede sales. Very high-end kitchen remodels, over-the-top renovations and highly personal décor affixed to the home will not bring much of a return on investment and may put off buyers who do not share your decorating aesthetic.

Replacement windows are such a sensible investment because they tend to bring a return whether the homeowner stays for five years or thirty. Draft-free rooms reduce energy bills considerably and make the home more comfortable and livable for its occupants. It is a simple and cost-effective improvement that any homeowner with cold spots and leaking windowsills can appreciate. The selection of materials and styles available to buyers is endless. Owners of older homes interested in preserving the appearance of their home should have no trouble finding suitable replacements that will make the home energy-efficient while preserving the architectural integrity at the same time.

If you are living in a drafty home with leaking windows and rotting window sills, you should definitely consider installing replacement windows to enhance the beauty, energy-efficiency and overall value of your home. In some areas, tax credits and utility company rebates are available to homeowners looking to update their windows and doors. Lenders may also sponsor special loan programs to finance the initial cost.

Stay warm in the winter, cool in the summer and confident year round knowing you have made an excellent investment in your home when you install replacement windows.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

Despite the undeniable impact of energy industry woes on Canada’s real estate market, overall property values in Calgary have not suffered any significant impact.  Even more importantly, consumer confidence remains high.

In the Calgary Real Estate Board’s (CREB) August 4, 2015 report entitled Calgary Regional Housing Market Statistics, Chief Economist Ann-Marie Lurie reports, “Despite weaker absorption rates, market conditions remain relatively balanced and helped maintain month-over-month stability in benchmark prices, which remained unchanged from the previous month at $455,400….And despite the recent retraction, we have not seen all those previous gains eroded.”

In a city as diverse as Calgary, market conditions will, of course, vary in different market sectors and neighbourhoods.  CREB President Corinne Lyall notes, “…it’s important to stay current and become educated with the market dynamics in the communities where they may be making real estate decisions.”  For instance, despite the overall steady numbers in residential sales, the apartment sector has experienced a slight but noticeable dip in value (1.61%) from the beginning of the year, due to decreased demand and expanding inventory.

Another important economic indicator to focus on is new home starts.  Applications to pull permits for single and multi-family dwellings plummeted in July and are down by 31% and 24%, respectively, since the start of the year.  While the pullback will help to maintain market balance by limiting the pool of available housing inventory, it also reflects the overall uncertainty with the economy and unemployment.

In CREB’s Mid-Year Update to its 2015 Economic Outlook and Regional Housing Forecast, the editors stress the fact that despite the cloud of economic uncertainty hanging over Calgary, consumer confidence in the prospects for real estate investment remain high.  “Positive long-term prospects and reduced concerns about the bottom falling out in the near term could minimize the pullback in demand, keeping market conditions in relatively balanced territory and preventing further aggregate price declines.”

Are  you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

If you are a buyer in the Altadore real estate market, you have probably considered purchasing what we call an infill home. Traditionally, homes in Calgary were built on 50′ lots. As the demand for downtown living has increased in the past 10 years , many of these original bungalows have been torn down and are being replaced by two smaller homes. Although infill homes are narrow, most less than 25′ wide, builders are finding creative ways to maximize the living space. Many of these homes feature three bedrooms and three bathrooms above grade. We are also seeing more three story infills. Infills are a great option for home buyers who are looking for a modern home that is close to the inner city.

I recently helped some clients purchase an infill. They are a young family who was looking for a home that allowed them to be close to everything that the city has to offer. The infill that they chose was close to parks and schools, and this type of home met their needs and their budget.

If you are considering this type of home, there are a few things to keep in mind:

Pay attention the street. Many of these homes are built on busy through streets. Familiarize yourself with the transit system if you will be using it, and visit the area during rush hour to see how busy the area can be. Time your drive to work to make sure this property is right for you.

Get to know your builder. If you are buying a brand new infill, it is important to understand that you may be in contact with your builder for several months after you move in. Do some research to make sure the builder has a good reputation. I recommend that my clients do a walk-though with the builder prior to closing.

Find out what is included. If this is your first time buying a new build in the Altadore real estate market, there are many details to consider. Find out if appliances are included, and make sure you are aware of the finishes that will be used to complete your new home. If the builder makes any verbal commitment for upgrades or additional modifications, make sure to get it in writing. Once the home is built, it’s always a good idea to get another professional opinion. Bring in a home inspector to point out any potential deficiencies and help you address the issues ahead of time.

Are  you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard is a top-producing real estate agent with RE/MAX House of Real Estate in Calgary, Alberta. He and his team sell an average of two homes a week–mostly single-family homes, luxury homes, condos and commercial properties. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. Bryon is above the pack because he aims not just to please clients but to help them buy/sell their dream home in Calgary at the best price, in the shortest time, and with the least hassle. He is well-equipped to do this with his sterling education, capped by an MBA degree from Athabasca University and degrees from Acadia University, the University of Prince Edward Island and the Universite de Bourgoyne in France.

Image Courtesy of Photo Dean

Recently, I had a number of clients who were looking for a Craftsman bungalow in Altadore. It’s a pretty interesting architectural style, so I figured I’d dig up some info on it and share it with you. Who knows, it might catch your fancy too.

Historical treasures

The Altadore area of Calgary was established in 1945, when the classic Craftsman bungalow was at the height of its popularity. Many of these original bungalows have been restored to their classic style, and others have been torn down to make way for more spacious contemporary living. Some of these original homes were actually sold from the Sears catalog and came as a kit to assemble on-site. The design was typically one or one-and-a-half stories, with a long and low profile characterized by a large front porch beneath an extension of the main roof, also referred to as a “veranda.” These houses are usually small, with some having less than 1,000 square feet of living space.  

The Charm of Bungalows

Bungalows in Calgary are becoming increasingly popular options for empty nesters and downsizing seniors who prefer not to constantly navigate up and down stairs. Most of the living space is on one floor that offers convenience with a very comfortable style and layout. Features often include a single bathroom, two or three bedrooms, an eat-in kitchen, and a living room. Some have a detached garage, which is a real plus in an in-town setting. These homes are also a good option for first-time home buyers who want to get into a neighborhood that might otherwise be out of their price range. In some houses, there is the opportunity to expand the second floor living area by taking in the large eave spaces. Every once in a while, an original bungalow will come out on the market as a “fixer upper” for people who want to build equity over time. These can be real gems in the rough.

Because the style has a lot of contemporary appeal, in-town builders often use the  bungalow style but break with the traditional layout to offer a separate dining room, up to six bedrooms with a large garage, and the luxury of higher-end homes. You will also see the style out in suburb communities, in houses that have a hint of bungalow but with much more contemporary space.

I enjoy showing this style to my real estate clients because it is so unique to Altadore. If ever you’ll find yourself here, give me a call and I’ll take you to see one!

Are  you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of one home a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 8% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

The new year brings good tidings for Albertans, like projections of sustained economic and housing market growth. But for those who are building a new home in this booming city, there’s more great news. In case you didn’t know it yet, hopefully by next month, home builders will already be mandated by law (specifically by the Government of Alberta’s New Home Buyer Protection Act) to provide warranty protection for new homes, so all new home buyers and investors in Alberta will soon enjoy protection for their investment! That should give you peace of mind like no other.

Here’s a quick look at the coverage:

• one year for labor and materials;

• two years for defects in labor and materials related to delivery and distribution systems;

• five years building envelope protection (protection for the building’s exterior shell, including its roof and walls), with a requirement for the warranty provider to offer the consumer the option to purchase additional years of coverage; and

• 10 years for major structural components.

Covered are single-family homes, condominiums, modular homes, mobile homes, and dwellings on recreational properties, but not dorms, work camps, hotels, and rental apartments.

Alberta Minister of Municipal Affairs Doug Griffiths described the warranty program as “one of the strongest warranty programs in the country.”

When the Act takes effect, the Alberta government will require builders to show proof of home warranty coverage to obtain building permits for all new homes constructed in the province.

Currently, new homes in Alberta are not legally protected by warranties, but people are encouraged to choose builders who offer such protection.

I just wanted to quickly share with you the good news, but if you need more information on this exciting development, you can visit the Government of Alberta website. Now you have all the more reason to choose Alberta for your new home!

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 2% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.