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.
Victoria, the capital city of British Columbia, is famous for its thriving real estate market, magnificent scenery and stately Victoria architecture. The city and the surrounding landscapes present a feast for the eyes and memorable vistas that are best enjoyed on a bicycle. Blessed with mild winters and humidity-free summers, the biking trails in and around Victoria beckon riders of all ages, fitness and skill levels. The city can boast of more cyclists per capita than any other Canadian city and a ride along one of Victoria’s well-travelled bike routes is a great way to acquaint yourself with this southernmost major city in western Canada.
When it comes to cycling in Victoria, the options are infinite. Here is a newcomer’s guide to just a few of the city’s more popular trails:
The Galloping Goose – This relatively flat, 55-km trail is the perfect choice for families and casual cyclists. The trail starts in a busy section of town and then meanders through farmland and evergreen forests to an old abandoned mining town. Built on a former railroad, the terrain for the most part is flat with a few easily managed hills.
Hartland Bike Park – Serious riders in search of a challenge head to Hartland Bike Park – about 20 minutes from downtown Victoria. This woodland paradise offers options for all experience levels, but is used primarily by intermediate and advanced cyclists. Don’t forget a trail map if you visit Hartland since the complex network of trails can be confusing.
The Seaside Touring Route – This popular route, specifically designed for visitors, takes the rider by many of the city’s noteworthy attractions. This route has it all! Look one way and you will be treated to a surreal view of the mighty Olympic Mountains. Look the other way and breathe in the deep blue Pacific Ocean. The 39-km route can be modified to virtually any length with water views most of the way. Don’t forget to wave to the resident seals at Oak Bay Marina.
Given the abundance of bike trails and natural beauty, Victoria has emerged as a mecca for international bike racers. The annual Tour de Victoria takes place in August and is a mass participation event attracting both world class riders and weekend enthusiasts. There is even a 3k race for young children.
If you are contemplating a move to Victoria or just joining the thousands of tourists who visit each year, consider getting to know this beautiful corner of the world on two wheels. Grab your helmet and enjoy the view!
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.
Before you list a property for sale in Alberta, it is important to understand that you are going to need an RPR. What exactly is an RPR? An RPR or Real Property Report is a plan or survey of the property that shows the location of all improvements on the property as they are situated in relation to the property’s boundary lines. The Alberta Land Surveyors Association states that the RPR should include a “written statement detailing the surveyor’s opinions and concerns” and “can be relied upon by the buyer, the seller, the lender and the municipality as an accurate representation of the improvements on your property.”
An RPR is required upon the sale of real property to ensure that the land and improvements comply with all municipal by-laws. In Calgary, upon receipt of an updated RPR, the city will review its records and, if everything is in order, issue a Certificate of Compliance stating that all improvements, including the house, sheds, decks and fences, are in compliance with all municipal regulations, including local setback requirements.
The Alberta Real Estate Association’s standard form of purchase contract states that a RPR is the obligation of the seller and should reflect the “current state of improvements on the property.” Municipalities and attorneys throughout Alberta tend to differ in their interpretation of this obligation. Everyone, however, seems to agree that the failure to provide an up-to-date RPR in a timely manner is a leading cause of closing delays.
To avoid this scenario, it is good practice to order an updated RPR as soon as the property is listed for sale. If there have been no changes to the property since the date of the original RPR, then the old one may suffice. If updates and modifications to the property need to be reflected, it makes sense to save time and money by contacting the land surveyor who prepared the original RPR to handle the update. The important thing is to make sure all sides are in agreement and advance the process as soon as possible to avoid costly, stress-inducing delays.
RPRs have been in use in Alberta since 1987. Any homeowner who purchased property after that date should have one in their files. If you are having trouble locating an old RPR, you can try to obtain a copy through the current lender on the property or through the lawyer’s offices that represented the buyer and seller in the original transaction.
An RPR is a visual snapshot in time of a particular property and it provides everyone involved in the conveyance with valuable knowledge regarding encroachments, setback violations, chain of title issues, mislocated fencing and a myriad of other possible concerns. If you are a seller, make sure your RPR is up-to-date and reflects the current state of affairs on your property. If you are a buyer, rely upon your Realtor and lawyer to interpret the RPR and advise you of potential issues that might impact your closing and use and enjoyment of the property.
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.
When you’re ready to buy a home, there is definitely something very appealing about choosing a brand new home. With a new home you get to pick out the countertops, finishes and so much more – basically have it designed just the way you like it. New houses often come with more space and better appliances, require less immediate renovation work, and are more energy-efficient than older ones — and all at a competitive price.
New developments are continuing to pop up all over the city, so buying a new construction home in Calgary is fast becoming a great option for prospective home buyers. Before undergoing the process you should be aware of the how buying a new construction home is different from buying a resale home. First of all, you typically won’t have the opportunity to walk through the home before you sign on the dotted line. Most brand new homes are purchased using specs and a floor plan, the house won’t be built for a few months or more.
In Calgary, new homes are covered by the Alberta’s New Home Warranty Act. The warranty will protect new home owners if upon completion, your new home has any deficiencies with the workmanship or materials. It also applies to both houses and condominiums, and typically the standard coverage lasts for up to five years after you take possession. The foundation of the home needs a year or two to settle so structural issues may not be discovered early on. As the foundation of your new home settles, you will be able to tell if there are any issues that need to be addressed, and have them dealt with at no additional cost as it is covered under warranty.
With a new home comes the ability to purchase upgrades such as top of the line appliances or better finishes. This is a great opportunity for buyers to get what they want while working within their budget. Upgrades can become costly, so it’s a great idea to work with an experienced Realtor to negotiate your behalf.
It’s my role to help buyers make sure they are getting the best value for every dollar they spend. If buying pre-construction is something you’ve been thinking about make sure you and your realtor do your research on potential builders and developers. Basically, don’t buy a house — buy its builder. As an expert in the Calgary real estate market, I have the knowledge and the negotiating skills to help you find the home of your dreams.
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 spring market is already in full swing in Calgary. There is no doubt that our real estate climate is quite a bit different during the same time last year. Although we’ve had a bit of a slow start, it’s important to remember that we are constantly comparing the market to 2014, which was a record-setting time. If you are seriously considering making a move, the changes in the economy have made it essential to have a smart plan in place.
As a buyer, you are in an excellent position to find exactly what you are looking for, without finding yourself in a bidding war over and over again. First-time buyers need to take advantage of the current market conditions while they last. The interest rates are unbelievably low and entry-level homes are in abundance. Still, many like to exercise caution in the market – values may decrease or a better deal maybe just around the corner. The key is to not wait too long. We have seen similar states in Calgary in the past, so there is really no guarantee that this buyer’s market is here to stay for the long haul.
As a seller, recognize that buyers are still seeing the value in the real estate market. They may be a little more cautious than they were in 2014, but they certainly know good value when they see it. Homes are taking a little longer to sell simply because there is no shortage of inventory. Now, more than ever, it is crucial to have a strong pricing strategy and go the extra mile to make sure your home shows a 10+. There are plenty of resources available, and home stagers, in particular, can make an ordinary home look quite exceptional for a reasonable investment.
If you are finding yourself on both sides of the transaction, be sure to work with an experienced Realtor who can help you create the right strategy to accomplish your real estate goals. Should you buy first then, put your house on the market? Should you set out to find your ideal home after selling? The right answer varies depending on the type of property you have and are seeking to upgrade to. In a buyer’s market, it is advisable to sell your home first. This will allow you to move forward knowing exactly how much equity you’d be able to bring into your new purchase.
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.
There is no doubt that this year is much different than the last. As we head into the spring market, many home owners are wondering how the recent changes in Calgary’s economy will affect their real estate decisions. Here are a few things worth noting:
Homes may take a little longer to sell. According to CREB, homes are taking an average of 38 days to sell. This is longer compared to the 33 days last year during the same period. Consequently, the number of sales transactions has dropped significantly. This means that buyers would rather wait on the sidelines for a better deal to come along if they are skeptical of the value.
Values have dipped slightly, but there hasn’t been a dramatic drop. Does a challenging economy impact our real estate values? To a certain degree, yes, but it would seem that the headlines have a more significant effect on consumer behaviour. In fact, a recent article in the Calgary Herald explained that our city has actually been through a similar slump five different times in the last thirty years. Home values were only slightly affected in each case and always managed to bounce back eventually.
Buyers are out there; they are simply exercising caution. Have consumers lost interest in Calgary’s real estate? Are buyers unwilling to trade up to their next home? The truth is, buyers are still active in the market. Some are just holding off on making a purchase in case prices drop, while others are simply hoping for a little more clarity on what the future holds.
Buyers have far more to choose from this year. If you were house hunting last year, one thing was for certain – there was very little to choose from. Today’s market is quite the opposite. Inventory is plentiful, and there is less competition. If you are selling your home, but aren’t desperate, price it well and don’t feel pressured to sign the first offer that comes your way. Remember, this isn’t the first time Calgary has weathered a tough economy. Despite everything, this city remains a highly desirable place to live and own a home in.
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 thought Calgary already felt like a big city, stay tuned for what the future holds. Over the next 50-60 years, analysts are predicting that the population of Calgary will double. In a city that already accommodates 1.15 million residents, this is an enormous growth projection over a relatively short period of time. In the next five years alone, an estimated 100,000 people will move into Calgary.
So how will Calgary handle its rapid growth, and still maintain all the desirable qualities that make this city such a popular destination? According to the Municipal Development Plan, we can expect to see a progressive expansion of the suburban areas that surround the downtown core. Proper planning and infrastructure development is crucial in a growing city. Building desirable housing on the outskirts of the city will prevent congestion and alleviate strain on the current infrastructure. By the year 2069, city planners expect that at least 50% of the residents in Calgary will live in outlying suburban areas.
Improving the transit system has also been a priority for the city of Calgary, and the benefits are already being enjoyed by the people who live here. Creating convenient and affordable transportation options is the only way to convince people to park their cars, reduce emissions, and turn to public transit as a convenient way to travel to and from work. The CTrain now services 44 stations that stretch as far north as Crowfoot and Saddletown, and as far south as Somerset-Bridlewood.
Like many other growing cities in Canada, affordable housing is an important issue. If you were born and raised in Calgary, there is no doubt that you have noticed house prices increasing steadily. Even the flooding couldn’t dampen the appeal of our local market. However, compared to all major cities like Toronto and Vancouver, Calgary is still considered to be an affordable city to own a home. House prices are much lower, and on average, household incomes are higher. Calgary is a fantastic place to live, work, and raise a family. As long as the city can continue to keep up with the growing population, the future of Calgary is bright.
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.
Buying your first home isn’t as glamorous as you may think.
We go over some common first time home buying disasters to help you know what you should watch out for.
It is important to be prepared as sometimes the unexpected can happen.
It’s best to be proactive in your home-buying journey, it does not come without challenges but with enough information, and the help of your Calgary Realtor, it can turn out to be an interesting & smooth journey to homeownership.
Learn what to do if you find yourself in a similar situation! http://ow.ly/ASCrP
Make your first time home buying experience a good one! There are some things you need to look out for to ensure your experience goes smoothly. It is important to do your homework and work with a great real estate agent. See more tips here! http://ow.ly/AxYvU
