Summer is almost here but there is still time to finish your Spring cleaning.  

 

In this issue of Your Home Newsletter you'll find some great tips and tricks to maintaining your house and a few ideas on resale updates you can do.

 

This is me and my Dad "cleaning" up outside in the Vineyard!

 

Have a great summer, Diane

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I was surprised to hear from the Calgary Real Estate Board's chief economist that Calgary housing market is soft.  Here's what Ann-Marie Lurie had to say:


Changes to the lending industry and a challenging economic recovery are weighing on sales activity in Calgary’s housing market.


Supply levels have not adjusted to the weaker demand environment, and that is preventing price recovery.


“Slower sales do not come as a surprise, given the economy has not yet improved enough to offset the impact of changes in the lending industry,” said CREB® chief economist Ann-Marie Lurie.  “While the rising inventories are being monitored, prices have remained relatively flat as gains in some areas of the city have been offset by declines in other areas.”


Read her entire report here .


Know someone looking to make a move?  Please feel free to pass along my name.


Happy Spring is finally here Smile


Diane

 

 

 

 

 

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In anticipation of Spring, yes we all hope it will arrive soon, check out these tips for when your house reaches the ten year mark.  Get started on one or two items so that when it comes time to sell, you're not overwhelmed!

 

A midrange minor kitchen remodel holds its value (81.1%) better than more elaborate projects, and might include new 

cabinet panels and drawer fronts, new energy efficient appliances, replacement flooring and repainted trim.

 

Thank you for your continued support and consideration. If there’s anything I can do for you this year, please

let me know! 

 

Here is the link

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After a slow start to the beginning of 2018 in the Calgary Housing market, prices remain stable.


“Economic conditions are slowly improving, but it has not been enough to outpace the current impact of higher lending rates and more stringent conditions,” said CREB® chief economist Ann-Marie Lurie.


“We are entering the most active quarters in the housing market with more inventory, which could create some price fluctuations. However, the improving economy is expected to prevent overall prices from slipping by significant amounts.”


Read the full Report Here

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The City of Calgary and Alberta Environment and Parks have a cool bioengineering project coming up.  This is a real need.  Just the other day I saw a deer walking down the bike path in Inglewood.  The new habitat areas created along with stabilizing the slopes with improve the areas aesthetic.  Guess the secret will be out soon on how amazing this area is to live in.  Read more ....

 

 

 

 

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Truly a rare find!  This stunning home is Breathtaking with an unobstructed River and Golf Course View.  An Enertainers delight awaits you.  The moment you see your gourmet chef's kitchen you'll be ready to move in.  This masterpiece presents a spa-like Master Suite with Jetted Tub, Steam Shower, Gas Fireplace and Sensational views; designed only for those with the most discerning taste.  This immaculate house includes a fully finished lower walk-out level and Three Car Garage.  Situated along the River in Inglewood is your own PRIVATE enclave.  Extensive trails and delightful bird watching await you.  All amenities, including Vibrant Restaurants are nearby.  Fine architectural details abound in this master crafted Custom house.  Spectacular finishes including extensive Rock work, a Blissful porch, Professionally landscaped and Lovingly maintained.  The River House is a must see.

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CREB® forecasts challenges for 2018 market, but optimism remains on the horizon

 

by CREB on January 31, 2018
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While Calgary is officially out of a long period of economic downturn, the path to recovery is expected to be bumpy.

The impact of stricter lending criteria and higher interest rates is likely to offset the modest improvements in the economy.

"Housing market conditions are expected to remain relatively unchanged in 2018," said CREB® chief economist Ann-Marie Lurie.

"The market will continue adjusting to the 'new normal' in this economy. However, there was modest job growth and net migration last year, with expectations of further improvements into 2018."

Minimal changes in sales activity are expected to be met with easing new listings for some property types. This should support more balanced conditions and prevent widespread benchmark price declines. 

"In this market, knowledge is power. A REALTOR® will help buyers and sellers understand what options they have, and negotiate the best price for their property," said 2018 CREB® president, Tom Westcott.

"For buyers, there are a lot of supply choices in all prices across most product types. Sellers need to understand what niche their home falls within, their competition and how fast they have to sell." 

More balanced market conditions will be led by the attached and detached sectors of the market, while the apartment sector will continue to struggle with excess inventory in 2018. 

Prices will likely continue to face some downward pressure in the apartment sector, with stabilization not expected until the latter portion of the year. 

The attached sector may benefit as demand shifts from the detached sector to the attached sector, with modest price gains of 0.38 per cent. Easing demand in the detached sector is expected to be met with easing listings, supporting overall stability in pricing. 

 

Click Here to view the full 2018 Calgary Economic & Housing Outlook report.

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When buying a home, there are some things you should never compromise on—or you’ll likely regret your home purchase, according to Realtor.com.

 

1. The floor plan. It’s difficult and expensive to reconfigure a home’s floor plan. If a home doesn’t have the minimum number of rooms or the flow of the main living areas you want, you should cross it off your list.

 

2. The school district. You should carefully consider your neighborhood’s school district, and even get a map of its exact boundaries to make sure your home is within the correct district.

 

3. The neighbors. You should pay attention to the condition of neighboring homes. Not only do you have to live with your neighbors on a daily basis, but they can affect your home’s future resale value, too.

 

4. The budget. Consider all the expenses—monthly mortgage payments, homeowner association dues, utility costs and real estate taxes—beyond the list price to make sure you’ll be financially comfortable.

 

5. The commute. Test-drive the route between your home and office to be certain you’re willing to make the commute every day.

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A transition in the making

Detached sales activity boosts February housing market

Feb. 2017 City of Calgary, March 1, 2017 – After the first two months of the year, Calgary’s detached sector continues to drive a slow transition in the housing market. February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over the past two years. As sales kept trending upward, detached inventory levels continued to ease in February. These conditions caused months of supply to fall to 2.4 months, putting less downward pressure on pricing. Unadjusted detached benchmark prices totaled $501,900 in February, which is one per cent lower than prices recorded last year, but slightly higher than January figures. “There seems to be a new sense of optimism these days,” said CREB® president David P. Brown. “Some sellers are feeling upbeat about the changing landscape and the improved chances of selling their home. Other people are looking at the spring market with caution and wondering if we’re going to see a higher than expected surge of listings. While there’s less product on the market right now, sellers still need to be realistic with their pricing.” The amount of excess inventory eased in the overall market in February, setting the stage for a transition to a more stable market this year. Months of supply totaled 3.4 months, down from five months over last February. At the same time, the sales-to-new-listings ratio trended from a near record February low of 39 per cent last year to 55 per cent this February. With sales improving and new listings and inventories contracting—two key measures of market balance, there’s good evidence to show that the housing market has started a trend toward more balanced conditions. “The transition in the housing market appears to be underway,” said CREB® chief economist Ann-Marie Lure. “However, it is important to note that this change is primarily being driven by improvements in the detached market and stability in the labour market.” “It will take some time for these conditions to translate into all housing segments and achieve price recovery,” said Lurie. “But all indicators continue to point toward a slow transition from a contracting market toward one that is stabilizing at lower levels.”


Please feel free to contact me with any questions.  For the complete report:  CREB

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Southwest Calgary Ring Road

The Southwest Calgary Ring Road (SWCRR) project involves construction between Highway 8 (near the Elbow Springs Golf Club), and Macleod Trail SE, including reconstruction of Glenmore Trail from Sarcee Trail to east of 37 Street. This portion of the ring road is approximately 21 kilometres long. An additional 10 kilometres of connector road upgrades will be included in the overall SWCRR project.

P3 Agreement Documents


Quick facts

The project includes

  • one roadway flyover,
  • one railway crossing (flyover)
  • 31 km of six and eight lane divided highway,
  • 49 bridges, including bridges over the Elbow River and Fish Creek
  • 14 interchanges

The federal government has implemented the agreement between the Tsuut’ina Nation and Alberta, as laid out in the land transfer agreement of November 27, 2013. Provincial Crown lands have been added to the Tsuut’ina Nation reserve and 1058 acres of former reserve land have been transferred to Alberta.

Calgary Ring Road Frequently Asked Questions

 

 

 

69th Street SW to Highway 2A

Take a virtual tour of the SW-CRR

Southwest Calgary Ring Road background

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West Calgary Ring Road

The west segment of the Calgary Ring Road (CRR) will run south along the west side of the city from Highway 1 (16 Avenue NW) to west of 69 Street SW on Glenmore Trail/Highway 8. The West Calgary Ring Road (W-CRR) is approximately 9 kilometres long. It will be located primarily on the existing Transportation Utility Corridor (TUC) already owned by the provincial government, with some additional small parcels of land being purchased.

An additional 5 kilometres of connector road upgrades will be included in the overall CRR project.

Calgary Ring Road Frequently Asked Questions

Highway 1 to 69th Street SW

Take a virtual tour of the W-CRR 
Click the links below to see the interchanges.

Timing and delivery method for the construction of the West Calgary Ring Road is under review.

 

 

 

 

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I recently received these great tips from Pillar to Post:


The days are getting noticeably shorter, and maybe there’s a nip in the air – fall is definitely on its way. Now is the perfect time to get your home in shape before winter rolls in, while the weather is still pleasant enough for spending time outdoors.


Seal it up: Caulk and seal around exterior door and window frames. Look for gaps where pipes or wiring enter the home and caulk those as well. Not only does heat escape from these openings, but water can enter and may eventually cause structural damage and mold problems.


Look up: Check the roof for missing or damaged shingles. Winter weather can cause serious damage to a vulnerable roof, leading to a greater chance of further damage inside the home. Although you should always have a qualified professional inspect and repair the roof, you can do a preliminary survey from the ground using binoculars.


Clear it out: Clear gutters and eaves troughs of leaves, sticks, and other debris. Consider installing leaf guards if your gutters can accommodate them – they are real time savers and can prevent damage from clogged gutters. Check the joints between sections of gutter, as well as between the gutter and downspouts, and make any necessary adjustments or repairs.


No hose: In climates with freezing weather, drain garden hoses and store them indoors to protect them from the elements. Shut off outdoor faucets and make sure exterior pipes are drained of water. Faucets and pipes can easily freeze and burst, causing leaks and potentially serious water damage.


Warm up time: Have the furnace inspected to ensure it’s safe and in good working order. Most utility companies will provide no-cost inspections, but there can often be a long waiting list come fall and winter. Replace disposable furnace air filters or clean the permanent type according to the manufacturer’s instructions. Using a clean filter will help the furnace run more efficiently,
saving you money and energy.


Light that fire: If you enjoy the crackle of a wood-burning fireplace on a chilly fall evening, have the firebox and chimney professionally cleaned before using it this season. Creosote, a byproduct of wood burning, can build up to dangerous levels and cause a serious chimney fire if not removed.

 

A little preventative maintenance now will pay off in the long run when it comes time to sell you home.

 

Happy Fall!

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Every home has unique qualities that should be "shown off" to a potential home buyer.
Home Staging means to simply 'stage' your home correctly to highlight these special qualities. 
Below are a few tips to make sure your house is looking its best when you are
showing your home to potential home buyers.

Follow these quick steps to get started on Self-Home Staging:

  • Make a list.
    The first thing to do as simple as it sounds, is to make a list. This can seem like an overwhelming process at first, but if you write things down, and check them off as you go, things will go a lot smoother.
  • Curb Appeal. 
    The outside of your home is the first impression a potential buyer will have. Assess what needs to be done to make your home more attractive from the outside. You may need to buy a couple of new plants or flowers, or hire a reasonably priced landscaper. This can be a big help in speeding the home selling process along.
  • Cleanliness is key.
    Professional Cleaning is recommended to get that model home look. It is important that your house is spick and span. This can include carpet cleaning, upholstery cleaning etc. .Money on this service is well spent, and will be worth it to you when you get the selling price you asked for. If you can't afford professional cleaning, do some of the cleaning yourself. A new coat of paint, patch up a hole with some putty, etc.
  • De Clutter.
    Get rid of any clutter in your home. Put away family pictures, and things unique to you. You want to have the potential buyer to be able to imagine themselves living there.
  • Determine the selling points of your home.
    Do you have a special view or a favorite room in your home? 
    Maybe your driveway is extremely attractive. You get the idea!
    Chances are there is something unique and special about your home that other people will enjoy as much as you. Figure out what these are, and write them down.
  • Be sure to Accentuate the selling points of your home. 
    For example, if you have a great fireplace, make sure you add some framed pictures ,pieces of art , or flowers turned in towards the fireplace.
  • Try to look like a model.
    At some point you have looked in a magazine, or been to a model home. Try to think of your home like a model home, and act accordingly. Don't be afraid to buy a couple of lifestyle magazines to emulate what you see. You may even have some fun!
  • Temperature.
    If you home is cool, make it warm, if your home is warm, make it cool. You want to create a cozy atmosphere to your potential buyers feels at home.
  • Smelling Great.
    Make sure your house is smelling its best. Invest in a few scented candles and set them around your kitchen, and bathrooms. Flowers are a great idea as well. Set flowers out on kitchen tables, and coffee tables. These are a great source of scent, and visually pleasing as well.
  • Soothing Sounds.
    Be sure to have soft soothing music on when showing your home. Make sure there is no outside noise to distract the home buyer from enjoying the different rooms in your home.
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Exterior Home Appeal – Make a Great First Impression

 

As a Home Seller you must take into consideration first impression. The first thing a prospective home buyer will see is your driveway, the front of your home and your front yard! Below are a few tips to help you make a great first impression!

Clean Up.
Remove any trash, loose leaves, trash cans, etc. away from the front of the house. Store unneeded things in an undisclosed place. Straightening up will give your front yard an automatic face lift.

Trim and Cut.
Make sure to mow the lawn, and trim plants and flowers in a nice neat fashion. If you have empty soil, spend a couple of dollars and place a potted plant in the needed area.

Sweep and Water.
Nothing gives a your front yard a face lift like a good old fashioned broom and a garden hose! Spray your driveway or walkway down. Find a rake, and broom and groom your lawn and driveway. Make sure your cement areas are spick and span.

Get off the fence!
If you have soil areas that lie flush with the cement, try an inexpensive wire fence. This will appear neat and tidy, and allow the prospective home buyer to imagine the garden they can grow.

Front Porch Fabulous.
Dress up your front porch : invest in a brand new welcome mat, by some small plants or flowers that line the walkway to your door.

Front Door Fabulous.
Make sure you clean and scrub your front door, and surrounding areas. Using soap and water, make sure there are no cobwebs, dirt or grime in corners.

Sparkling Windows.
Start with soap and water, and finish off any front windows with glass cleaner. You want your front windows sparkling!

Handle It.
Out with the shabby, in with your home being sold! Don't be afraid to invest a couple extra bucks in a new door handle or door knocker.

Flag It.
Many home stores inexpensively sell seasonal flags, that add an extra touch to a front yard. Entice your prospective home buyer with imagination.

Accentuate your Selling Points. 
Every home may have a different characteristic that makes it home beautiful. A great window, an attractive lawn, etc. Whatever you special characteristic is, make sure to show it off to your prospective home buyers!

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.