The new year is upon us, and with it, a whole new real estate reality. Tougher federal mortgage regulations took full effect on Jan. 1, slashing affordability for new borrowers and contributing to slower selling conditions than the record-breaking activity experienced throughout 2017 in Canada?s largest markets.
Dubbed Guideline B-20, this latest parcel of policy changes is also anticipated to be the most impactful, as all new mortgage applicants must undergo a stress test regardless of their ...
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posted in General
at Sat, 24 Feb 2018 18:03:46 +0000
Renovations on a $5,000 budget
At first glance, doing meaningful home renovations for $5,000 is akin to those travel guides for ?Europe on $10 a day?: easier said than done. Yet, like the backpacker who squeezes every penny from their budget to travel the globe, affordable renovations are not out of reach if you spend your nickels and dimes wisely.
According to Bob Weir, vice-president of operations with Calgary?s Reborn Renovations, making improvements with $5,000 certainly narrows your ...
posted in home tips
at Thu, 22 Feb 2018 18:38:15 +0000
Five tips for first-time homebuyers
The financing, the finagling, the legwork and the looking ? buying your first home is one of the most exciting times of your life, but it can also be one of the most intimidating and stressful things you?ll ever do.
An experienced REALTORŪ can help guide you through every step, negotiate on your behalf and streamline the entire purchase process.
1.Get pre-approved for a mortgage.
?Especially with the new mortgage rules that are in place now, with 20 per cent ...
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posted in General
at Sun, 18 Feb 2018 17:17:29 +0000
How Calgarians banded together to protect nature and create Nose Hill Park
In the early 1970s, the booming city of Calgary was expanding ever outward.
Developers looking for new areas to build communities cast their eyes upward in the northwest to Nose Hill, which dominated the area landscape.
Nose Hill was prime real estate, untouched by residential development, but it was also viewed by some Calgarians as an important remnant of the fast-vanishing prairie grassland ecosystem.
When a routine ...
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Just added this listing:"This ground floor unit has never been lived in and was Built by Cardel Lifestyles, a multiple, multifamily builder of the year! The location is amazing as you are next to the shops at Auburn Station, including a Co-op grocery, liquor store and gas station, a Tim Hortons and a pub! The over-sized one bedroom plan has plenty of room and 9' ceilings!. The flooring throughout is a luxury vinyl plank. As you enter the unit, to your right is a flex space leading to the ...
10 energy-efficiency tips for the home
Conduct a home energy assessmentTo save energy in your home, it helps to understand how you?re currently consuming ? and possibly wasting ? heat and electricity. A professional home energy assessment will provide comprehensive data on your home energy use and help provide a road map for improvements. The investment ? $500-750, depending on the size of your home ? will pay off in the long run. Some municipalities offer rebates to help cover the cost. You ...
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posted in home tips
at Tue, 13 Feb 2018 16:53:33 +0000
Ordering seed for the horticultural season ahead
?I?ll start ordering seeds soon,? I think to myself, as I browse the catalogues that are filling my mailbox and inbox.
As a gardener, I don?t have to wait for catalogues to arrive to get in on seed mania and neither do you.
If you have a balcony or a patio, you can dream of growing Tiny Tim or Siderno Tomatoes, Delize strawberries, Mascotte green beans or flower dragon muskmelons in pots later this spring.
And if you have a big backyard, you have ...
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posted in home tips
at Sun, 11 Feb 2018 19:14:29 +0000
Just added this listing:"Don't miss out on this gorgeous starter home in Evergreen, on a quiet street just around the corner from the Catholic elementary school and a short drive to Glenmore christian academy! Meticulously taken care of, there is new flooring on the main floor. A kitchen complete with an island and pantry is open to the dining area with a nice partition wall giving separation to the living room. A half bath is conveniently located by the back door. Upstairs you will find a ...
Families thrive in Cedarbrae and Oakridge
Tree-lined streets, cul-de-sacs brimming with children at play, 1970s architecture, easy access to nature, and plenty of parks, trails, local shops and schools make the southwest communities of Cedarbrae and Oakridge desirable on many levels.
?We have a true continuum of the life cycle here, with a variety of demographics, from singles to families and retirees,? said Steven Brown, president of the Cedarbrae Community League Association. ?Life here ...
Just added this listing:"OPEN Sat MAR 3, 2-4:30PM. This is the perfect starter home! Living space totals 900 Sq Ft. Affordable and wonderfully managed with a new roof and walk way recently completed. It has been professionally renovated with the knowledge of a local design firm to maximize the best use of space. For instance - the bathroom was reconfigured to allow for a huge pantry in the kitchen. These kitchen cupboards were custom made and are 9' high! The flooring is a gorgeous commercial ...
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