I have listed a new property at 4611 83 STREET NW in Calgary. See details here
*** VERY MOTIVATED SELLER *** Property sold as is, where is, at time of possession. No warranties or representations. This little bungalow in the heart of Bowness lends itself to several options; buy and hold; buy and rent; buy and build or buy and live in it. Three bedrooms and a bathroom on the main floor with lots of storage downstairs. The garage and big yard lends itself to even more ideas.
I have listed a new property at 509 4138 University AVENUE NW in Calgary. See details here
Welcome to this stunning southwest corner unit in the heart of The University District! This bright and airy 2-bedroom, 2-bath condo offers modern living with spectacular views of the Alberta Children's Hospital and surrounding area. The thoughtfully designed open-concept layout features premium vinyl plank flooring throughout, creating a seamless flow between living spaces. Step into the open-concept living space, where air conditioning ensures year-round comfort, and durable vinyl plank flooring adds style and practicality creating a seamless flow between spaces. The kitchen showcases sleek quartz countertops, a spacious island, and premium appliances. Whether you're hosting friends or enjoying a quiet dinner, the setup is ideal. Comfort meets convenience with in-suite laundry and air conditioning, ensuring year-round comfort. The August offers an impressive array of amenities including a recreation room, rooftop deck, bicycle storage, and a convenient car wash in the secure parking. Two titled parking stalls (#313 & #314) plus additional storage make this unit an exceptional value, while visitor parking ensures your guests are always accommodated. Located in the vibrant University District, this pet-friendly puts you steps away from an array of amenities. Savour local flavours at OEB Breakfast Co., Monogram Coffee, or YYC Pasta Bar. Stock up on essentials at Save-On-Foods located across the avenue, or explore the diverse shopping options at University District Central. Two elevators ensures easy access while the prime location offers direct routes to transportation hubs. Whether you're a professional working at the nearby Alberta Children's Hospital, a student at the University of Calgary, or someone seeking a modern, urban lifestyle, this thoughtfully appointed condo provides the perfect blend of comfort, convenience, and contemporary living. This turnkey property represents an exceptional opportunity to live in one of Calgary's most sought-after neighbourhoods. Don't miss your chance to call this spectacular unit home.
I have listed a new property at 413 Bridlewood COURT SW in Calgary. See details here
Welcome to 413 Bridlewood Court SE, a meticulously maintained family home that seamlessly blends modern upgrades with timeless appeal. Situated on a cul-de-sac, this exceptional property showcases three spacious bedrooms and three and a half bathrooms, offering the perfect balance of comfort and functionality for today's lifestyle. Step inside to discover gleaming hardwood floors throughout the main living areas, creating an elegant and warm atmosphere. The chef's kitchen features premium stainless steel appliances, light-wood cabinets and granite counter tops. Natural light floods the interior through strategically placed windows and a beautiful skylight, creating bright and inviting spaces throughout. The cathedral ceiling in the living room adds to the spacious feeling in this like-new home. The fully finished basement provides additional living space, perfect for a recreation room, home office, or entertainment area. Recent upgrades demonstrate the outstanding care invested in this home. In 2023, the property received a new furnace, hot water tank, and humidifier, this combined with the central air conditioning ensure optimal comfort and efficiency. The exterior was transformed in 2021 with durable Hardie board siding, new eavestrough, and trim. A clay tile roof installed in 2015 adds both character and longevity, while fresh paint and new carpet from 2019 maintain a contemporary feel throughout. The outdoor living space is equally impressive, featuring exposed aggregate sidewalks and patios (installed in 2016) that provide both durability and aesthetic appeal. A sophisticated 24-foot Lumon® patio cover, also added in 2016, extends the outdoor living season and provides protection from the elements. Car enthusiasts will appreciate the insulated and heated double attached garage with full Diamondtrax® flooring, complemented by an extra-large exposed aggregate driveway that offers abundant parking space for vehicles and guests.
When designing or purchasing a home, the size of your garage can be a critical consideration. Whether you’re looking for a compact space for a single vehicle or a sprawling area for multiple cars and storage, knowing the standard dimensions for garages can help you make an informed decision.
A single-car garage is ideal for those with one vehicle or limited space requirements. Standard dimensions typically range as follows:
This size provides ample space for a standard sedan, compact car, or small SUV. It also allows for some additional storage along the walls for tools, bicycles, or gardening equipment.
For households with multiple vehicles, a two-car garage is a popular choice. Common dimensions include:
These dimensions accommodate two vehicles comfortably while leaving space for maneuvering, storage, or workbenches.
A three-car garage is a great option for larger families or those with additional storage needs. Standard dimensions are:
This size is perfect for three vehicles, a boat, or recreational equipment, with extra room for storage or workspace.
For recreational vehicles, taller and more spacious garages are essential. Typical dimensions for RV garages are:
These dimensions allow for the height and length of most RVs, ensuring easy access and secure storage.
Tandem garages are a unique solution for narrow lots or homes with limited exterior width. These garages are longer to fit two vehicles in a single-width space. Dimensions usually include:
This configuration is perfect for two vehicles parked one behind the other or for additional storage at the rear.
Clearance: Ensure there’s enough clearance for opening car doors, walking around, and any planned storage or workbench areas.
Custom Designs: If standard dimensions don’t meet your needs, consider customizing your garage to accommodate unique vehicles or additional features like workshop space or loft storage.
Choosing the right garage size depends on your specific needs, including the number of vehicles, additional storage requirements, and available space. By understanding standard garage dimensions, you’re better equipped to select or design a garage that fits your lifestyle seamlessly.
For personalized advice on homes and garages, contact Diane Richardson at 403-397-3706 or email. Let us help you find a property that suits all your needs, including the perfect garage!
All information herein deemed reliable, but not guaranteed. Copyright © 2025, Diane Richardson, all rights reserved.
As we closed out 2024, Calgary’s housing market showcased resilience with strong performance across most segments. While December sales saw a slight dip compared to last year, the year ended on a high note, with annual trends highlighting steady price growth and improved inventory levels. Here's a detailed look at Calgary’s real estate trends for December 2024.
CREB® Calgary December 2024 stats (pdf)
CREB® December 2024 Calgary Regional Housing Market Statistics (PDF)
Sales for detached homes reached 613 units, supported by improved inventory levels. Benchmark prices grew by 7% year-over-year to $747,500. The strongest price gains were observed in affordable districts like the North East and East.
Semi-detached sales saw a modest 7% increase year-over-year, with benchmark prices climbing to $677,600 (+8% Y/Y). Improved inventory helped balance conditions by year-end.
Row home sales reached 228 units in December, with benchmark prices rising to $447,400 (+6% Y/Y). Inventory improvements helped ease pressure on prices, particularly in higher-priced segments.
Apartments accounted for 357 sales in December. Benchmark prices stood at $332,400, up 7% from last year, driven by affordability and increasing inventory.
| District | Benchmark Price | Year-over-Year Change |
|---|---|---|
| City Centre | $589,600 | +0.2% |
| North | $551,400 | +1.0% |
| North East | $512,100 | +4.3% |
| North West | $622,300 | +1.4% |
| West | $711,300 | +7.1% |
| East | $440,600 | +9.0% |
| South | $578,200 | +3.9% |
| South East | $575,200 | +5.7% |
As we move into 2025, supply will remain a critical factor influencing the market. With an anticipated increase in housing options and shifting economic conditions, Calgary's real estate market promises continued opportunities for both buyers and sellers.
For personalized advice and expert guidance in Calgary’s real estate market, reach out to Diane Richardson at 403-397-3706 or visit www.dianerichardson.ca. Let’s make your real estate journey a success!
All information herein deemed reliable, but not guaranteed. Copyright © 2025, Diane Richardson, all rights reserved.
Calgary is home to a diverse array of neighborhoods that feature charming bungalows. These single-story homes have become a staple of the city’s architectural landscape, offering accessibility, efficient use of space, and timeless appeal. Whether you're a family, a retiree, or a professional looking for a new place to call home, bungalows in Calgary provide the perfect combination of comfort and style. Here's a detailed look at the top neighborhoods in Calgary where you can find bungalows.
Calgary’s housing market is known for its variety and affordability, making it an excellent city for bungalow living. With its spacious suburban developments, numerous green spaces, and family-friendly communities, Calgary has become a hub for those seeking single-story homes. Many of these neighborhoods offer a balance of affordability, accessibility, and proximity to amenities.
When looking for the perfect bungalow, consider factors such as proximity to amenities, architectural style, lot size, and price range. Calgary’s neighborhoods offer something for everyone, whether you’re seeking a serene retreat or a bustling community close to schools and shopping centers.
Working with a knowledgeable real estate agent is essential to finding the right bungalow. Diane Richardson, a trusted expert in Calgary’s real estate market, can guide you through the process, from choosing the ideal neighborhood to negotiating the best price. Be sure to consider home inspections, potential renovations, and your long-term needs before making a purchase.
Bungalows remain a popular choice for buyers due to their accessibility and versatility. With Calgary’s aging population and increasing demand for low-maintenance living, these single-story homes continue to be a sought-after option for families, retirees, and professionals alike.
Ready to find your dream bungalow? Contact Diane Richardson at 403-397-3706 for expert assistance in exploring Calgary's top neighborhoods. With her extensive knowledge and experience, Diane can help you navigate the market and find the perfect home for your needs.
All information herein deemed reliable, but not guaranteed.Copyright © 2024, Diane Richardson, all rights reserved.
First-time homebuyers in Calgary have access to various programs designed to make homeownership more attainable. These initiatives provide financial assistance, tax incentives, and unique opportunities tailored to help new buyers navigate the housing market. Here’s an overview of the key first-time homebuyer programs available in Calgary.
The Attainable Homes Calgary (AHC) program is a significant resource for first-time buyers. This initiative allows participants to purchase a home with a minimal down payment of just $2,000. AHC helps bridge the gap by providing a loan for the remaining down payment, which is interest-free. In exchange, AHC takes a share of the home’s appreciation over time:
This means that the longer you stay in your home, the more equity you can retain. To qualify, applicants must have a household income of less than $131,424 and total assets of no more than $50,000. There is no minimum residency requirement, making it flexible for buyers who may not wish to stay long-term.
The First-Time Home Buyers’ Tax Credit is another valuable incentive that provides financial relief. This non-refundable tax credit offers up to $1,500, which can help offset some of the costs associated with purchasing a home, such as legal fees and inspections. The credit is available to individuals who are purchasing their first home and can be claimed on your tax return.
Under the Home Buyers’ Plan, first-time buyers can withdraw up to $35,000 from their Registered Retirement Savings Plan (RRSP) without facing tax penalties. This program allows individuals to use their savings towards their down payment while providing flexibility in repayment over a period of up to 15 years. To qualify, funds must have been in the RRSP for at least 90 days prior to withdrawal.
While specific programs like the First-Time Home Buyer Incentive were discontinued as of March 2024, other federal initiatives still support first-time buyers across Canada. The First Home Savings Account (FHSA) allows individuals to save for their first home with tax-deductible contributions up to $8,000 annually, with a lifetime maximum of $40,000. Withdrawals for purchasing a home are tax-free, making it an effective savings tool.
Navigating the housing market as a first-time buyer can be daunting, but programs like Attainable Homes Calgary, tax credits, and withdrawal options from RRSPs provide essential support. By leveraging these resources, prospective homeowners in Calgary can make informed decisions and work towards achieving their dream of homeownership more easily. Understanding eligibility requirements and how each program works is crucial for maximizing these benefits and successfully entering the housing market.
If you're a first-time homebuyer in Calgary, Diane Richardson can guide you through the process and help you make the most of these programs.
Phone: 403.397.3706
Email: diane@mypadcalgary.com
Get in touch today to explore your options and take the first step toward owning your dream home!
Calgary's real estate market offers a diverse range of housing options, catering to various lifestyles and budgets. Among these, townhouses without condo fees have become an increasingly attractive choice for homebuyers. These freehold properties provide homeowners with full ownership of both the interior and exterior of their units, as well as the land beneath. In this guide, we'll explore why these properties are so appealing, their benefits, and what potential buyers should know before making a purchase.
Freehold townhouses, also known as townhouses without condo fees, are properties where the homeowner owns the entire unit and the land it occupies. Unlike condominiums, there are no shared ownerships or monthly condo fees for common area maintenance.
Choosing a freehold townhouse comes with several advantages that appeal to a wide range of buyers. Here are the primary benefits:
With no condo fees, homeowners enjoy lower monthly costs, making these properties more affordable over time.
Homeowners have complete autonomy over their property, allowing them to make modifications without needing approval from a condo board.
Owning both the home and the land allows for better equity building, which is beneficial for future resale value.
Freehold townhouses typically offer more privacy than condos, as there are no shared common areas.
These properties are ideal for individuals and families who value independence and are willing to handle their own property maintenance. However, potential buyers should consider the following:
While you save on condo fees, it's essential to budget for maintenance and unexpected repairs.
Calgary has numerous neighborhoods where you can find freehold townhouses. Some popular areas include:
A family-friendly community with plenty of green spaces and schools.
Known for its modern architecture and convenient access to amenities.
Featuring lakefront properties and a vibrant community atmosphere.
When searching for the perfect freehold townhouse, consider these tips:
Diane can help you find properties that match your needs and budget.
Ensure the home is in good condition by hiring a professional inspector to evaluate the structure and systems.
Research the Calgary housing market to understand trends and property values in your desired area.
Calgary townhouses without condo fees offer an excellent opportunity for those seeking homeownership without the additional costs and restrictions of condominiums. These freehold properties provide financial freedom, privacy, and control over your living space. By understanding the responsibilities and conducting thorough research, you can find the perfect home to suit your lifestyle.
Freehold townhouses offer complete ownership of the property and land, while condominiums share ownership of common areas and typically require monthly fees.
While the upfront cost may be higher, the absence of condo fees can make freehold townhouses more cost-effective in the long term.
Unlike condos, freehold townhouses generally have no governing board or rules, giving homeowners more freedom.
Yes, as the sole owner, you can rent out your property without needing approval from a condo board.
Regular upkeep of the interior and exterior, landscaping, and prompt repairs are essential to maintaining your property's value.
For more information or assistance with finding your perfect Calgary townhouse, contact Diane Richardson at 403.397.3706.
All information herein deemed reliable, but not guaranteed.Copyright © 2024, Diane Richardson, all rights reserved.
For personalized guidance and expert advice, contact Diane Richardson at 403.397.3706.
When purchasing a condominium in Calgary, Alberta, understanding condo fees and what to look out for can significantly impact your financial planning and overall experience as a homeowner. Whether you're a first-time buyer or an experienced investor, this comprehensive guide will provide the insights you need to make an informed decision.
Condo fees are monthly payments made by all unit owners in a condominium complex. These fees cover the costs of maintaining the building and its amenities and contribute to the overall operation of the condominium corporation.
Condo fees in Calgary typically range from $0.30 to $0.70 per square foot, with an average of approximately $0.50 per square foot. For example, a 750-square-foot unit might have fees of around $375 per month. However, this can vary widely depending on the building's amenities, age, and management style.
Several variables can affect condo fees:
Here’s a closer look at some popular condo communities in Calgary:
Beyond condo fees, keep in mind additional costs associated with condo living:
Condo living in Calgary offers a convenient lifestyle with access to shared amenities and professional property management. Whether you're looking for a trendy downtown condo, a family-friendly unit in Mahogany, or a luxury suite in Eau Claire, Calgary’s diverse condo market has something for everyone.
For expert advice and tailored recommendations, contact Diane Richardson at 403.397.3706. Diane will guide you through the buying process and ensure your condo investment aligns with your financial and lifestyle goals.
Ready to explore Calgary condos? Contact Diane Richardson at 403.397.3706 or visit www.dianerichardson.ca for personalized recommendations.
Diane is dedicated to providing a personalized, stress-free experience for buyers and sellers alike.
© All information herein deemed reliable, but not guaranteed.Copyright © 2024, Diane Richardson, all rights reserved.
As the cooler weather sets in, Calgary’s housing market is reflecting the typical seasonal trends. While activity has slowed compared to the bustling fall months, demand remains strong, and November brought some interesting developments. Whether you’re a buyer, seller, or just keeping an eye on the market, here’s a detailed look at Calgary’s real estate scene for November 2024. CREB November 2024 stats (pdf)
Balanced Supply Levels: Inventory has grown across most property types, leading to a more balanced market. The months of supply have increased to over two months, up from under two in recent years. This shift gives buyers more options while still favoring sellers in many segments.
Affordability Driving Demand: Row homes and apartment condos continue to attract buyers looking for affordable alternatives to detached homes. The affordability of apartments, with most gains in the $300,000–$500,000 range, is particularly noteworthy.
Price Stabilization: While prices are up year-over-year, the growth rate has tempered, reflecting seasonal adjustments. Seasonally adjusted prices have remained stable over the past four months.
| District | Benchmark Price | Year-over-Year Change |
|---|---|---|
| City Centre | $595,200 | +0.3% |
| North | $557,700 | +2.3% |
| North East | $513,600 | +5.7% |
| North West | $635,500 | +3.9% |
| West | $715,200 | +10.5% |
| East | $438,600 | +6.0% |
| South | $580,100 | +3.6% |
| South East | $577,400 | +4.5% |
As supply continues to stabilize and prices moderate, the market is becoming more accessible for buyers, while sellers still benefit from favorable conditions in many segments. Whether you’re buying your first home or considering selling, now is an excellent time to assess your options. Is It a Good Time to Buy a House in Calgary in 2025?
For personalized advice and expert guidance in Calgary’s real estate market, reach out to Diane Richardson at 403-397-3706 or visit www.dianerichardson.ca. Let’s make your real estate journey a success! email:diane@mypadcalgary.com
All information herein deemed reliable, but not guaranteed.Copyright © 2024, Diane Richardson, all rights reserved.
Calgary boasts some of Canada’s most prestigious neighborhoods, known for their luxurious homes and affluent demographics. Below is an overview of Calgary’s wealthiest neighborhoods, highlighting property values and resident profiles.
| Neighborhood | Average Home Price | Median Household Income |
|---|---|---|
| Upper Mount Royal (pdf) | $1.5M - $8M+ | N/A (High-income families) |
| Bel-Aire (pdf) | $2M - $10M | $401,839 |
| Britannia (pdf) | $1.5M - $5M | $1.45M |
| Eagle Ridge (pdf) | $2M - $5M | $660,328 |
| Roxboro (pdf) | $1.4M - $5M | $845,038 |
| Mayfair (pdf) | $1.19M | ~$307,108 |
| Elbow Park (pdf) | $1.3M | ~$296,866 |
| Rosedale (pdf) | $1.3M - $2.7M | ~$385,000 |
These affluent neighborhoods showcase Calgary’s high-end living, blending luxury, scenic views, and prime locations with exceptional quality of life and community prestige.
All information herein deemed reliable, but not guaranteed.Copyright © 2024, Diane Richardson, all rights reserved.
Insights for Different Age Groups: Young Adults, Families, and Retirees
Calgary, known for its robust economy, stunning natural landscapes, and dynamic cultural scene, remains a top choice for homebuyers. Whether 2025 is the right time to buy depends on market trends, personal finances, and life stage. Let’s explore the Calgary housing market and provide tailored insights for young adults, families, and retirees.
The forecast for the Calgary real estate market in 2025 looks promising! According to a recent report by PwC and the Urban Land Institute, Calgary has been named the top real estate market to watch in Canada for 2025. Here are some key points:
Calgary is expected to see significant opportunities for both single-family and multi-family residences. The city's growing technology sector is diversifying the economy and encouraging population growth, which is projected to boost the city's GDP by 2.5% in 2025.
Despite the fastest-growing residential construction costs among major Canadian real estate markets, rising rents and sales prices have helped residents maintain their margins.
The city has allocated $52.5 million to encourage developers to convert vacant office spaces into residential buildings, with 11 conversion projects already approved.
Housing affordability remains a nationwide issue, and Alberta's lack of rent control means average asking rent In Calgary, apartment and Condo rents fell 4.7% annually in October 2024 to an average of $1,995
The Canadian Real Estate Association (CREA) forecasts a modest recovery in national home sales for 2025, with a 6.6% increase in home sales expected. This recovery is largely due to recent interest rate cuts by the Bank of Canada.
Why 2025 Could Be a Good Time:
Best Locations:
Why 2025 Could Be a Good Time:
Best Locations:
Why 2025 Could Be a Good Time:
Best Locations:
Whether 2025 is the right time to buy a home in Calgary depends on your financial readiness, lifestyle needs, and long-term goals. Calgary's strong economy, diverse housing options, and family-friendly communities make it a top destination for homebuyers.
Takeaway Tips:
For more insights on Calgary real estate or personalized advice, contact Diane Richardson at 403-397-3706
All information herein deemed reliable, but not guaranteed.Copyright © 2024, Diane Richardson, all rights reserved.
Calgary boasts a variety of neighborhoods, each with its own unique character and amenities. Here’s an expanded overview of some of the best neighborhoods in Calgary, highlighting their features and what makes them appealing to residents.
Altadore is a highly sought-after neighborhood located in southwest Calgary, known for its tree-lined streets and vibrant community spirit. It offers a mix of modern homes and charming older properties, catering to diverse lifestyles. The area is adjacent to Marda Loop, a bustling retail and dining district with over 150 eateries and shops. Residents enjoy access to parks like River Park and Sandy Beach, which provide ample recreational opportunities. Altadore has been recognized as one of Calgary’s best neighborhoods for families due to its excellent schools and proximity to downtown.
Crescent Heights is one of Calgary’s most desirable neighborhoods, located just across the Bow River from downtown. It features a mix of historic homes and modern developments, providing residents with stunning views of the city skyline. The neighborhood is known for its walkability, with easy access to parks such as Rotary Park and Prince's Island Park. Residents can enjoy numerous dining and shopping options along Centre Street, making it a vibrant community for both families and young professionals.
Hillhurst is one of Calgary's oldest neighborhoods, characterized by its historical buildings and strong sense of community. It offers plenty of amenities, including shops, cafes, and cultural attractions like the National Music Centre. The area hosts various events throughout the year, fostering community engagement. Hillhurst's proximity to downtown makes it ideal for those who want urban living with a charming neighborhood feel. The nearby Kensington area adds to its appeal with over 100 retail venues.
Inglewood is known for its eclectic vibe and artistic atmosphere. This historic neighborhood features boutique shops, antique stores, and artisanal cafes. Inglewood is also home to the Calgary Zoo and Pearce Estate Park, offering residents plenty of outdoor activities along the Bow River pathways. The community hosts various events throughout the year, including farmers' markets and festivals, making it a lively place to live.
Evanston is a family-friendly neighborhood located in northwest Calgary. It features an expansive layout with interconnecting parks and pathways that promote an active lifestyle. The community is known for its affordable housing options, including townhomes and single-family homes. Evanston has several in-community schools and easy access to amenities at Creekside Shopping Centre. Its tight-knit community atmosphere makes it an attractive choice for families looking to settle down.
Arbour Lake is unique for its resident-only lake that offers swimming, fishing, and boating opportunities. This picturesque neighborhood in northwest Calgary provides stunning views of the Rocky Mountains and a variety of housing options from single-family homes to townhouses. The community center hosts numerous events and activities throughout the year, fostering a strong sense of community spirit among residents.
Beltline is one of Calgary’s most vibrant urban neighborhoods, known for its bustling nightlife and diverse amenities. Located just south of downtown, it features a mix of condos, apartments, and some single-family homes. The area is packed with restaurants, cafes, yoga studios, and shopping options along 17th Avenue. Beltline appeals to young professionals seeking an energetic lifestyle while still being close to work.
Bridgeland offers a blend of small-town charm within an urban setting. This walkable neighborhood has a quaint main street lined with cafes, diners, and specialty grocers. Bridgeland is known for its rich history as "Little Italy" and features various cuisines from around the world. With close proximity to the Calgary Zoo and beautiful parks along the Bow River, it’s an attractive option for families and young professionals alike.
I have sold a property at 11 Monterra WAY in Rural Rocky View County. See details here
Discover 11 Monterra Way, a beautifully crafted bungalow in the desirable Monterra community, just steps from Cochrane Lake. This home, built by Cornerstone Homes, blends luxury with functionality, offering over 3000 sq ft of thoughtfully designed living space. Upon entry, you'll be welcomed by soaring ceilings and abundant natural light, enhancing the spacious main floor. The gourmet kitchen boasts top-tier appliances, quartz countertops, and ample storage, perfect for the home chef. Enjoy meals in the sophisticated dining area or relax by the gas fireplace in the living room under the charm of vaulted ceilings with wood beam accents. The primary bedroom is a peaceful retreat with a spa-inspired ensuite and a generous walk-in closet. With two more bedrooms and two additional full bathrooms, this home offers flexibility for family or guests. Working from home is made easy with a dedicated office space ensuring focus and privacy. Fitness enthusiasts will love the home gym/flex room in the basement, complete with rubber flooring and a ceiling fan. The lower level also features a second fireplace and a wet bar, ideal for entertaining. Step outside to a fully landscaped, south-facing backyard with an irrigation system, offering mountain views and a deck that’s perfect for morning coffee or evening gatherings. Quick possession bungalows in Monterra are a rare find—schedule your showing today and become part of this wonderful community!
Diane Richardson, Realtor®
Contact: 403-397-3706
Website: www.dianerichardson.ca
Bungalow homes are experiencing a resurgence in popularity in Calgary, appealing to buyers across all demographics. With their single-level living design, bungalows provide convenience, accessibility, and modern amenities. Here are the top reasons why bungalow living is an excellent choice in Calgary:
Bungalows are ideal for individuals with mobility challenges or families with young children. The single-level design eliminates the need for stairs, enhancing safety and comfort while allowing for easy movement throughout the home.
Bungalows typically feature open layouts that create a bright, airy atmosphere. This design fosters family interaction and provides versatile spaces that suit various lifestyles and activities, making it perfect for both small and large families.
Maintaining a bungalow is often simpler than a multi-story home. With all living areas on one floor, homeowners can enjoy the convenience of easy cleaning without the hassle of navigating stairs with cleaning supplies.
Bungalows are often more energy-efficient due to their compact design. Heating and cooling systems operate more effectively, and many modern bungalows incorporate energy-saving features that reduce overall utility costs and environmental impact.
Many bungalows offer the option of basement development, providing additional space without sacrificing the benefits of single-level living. Whether for extra bedrooms, recreation rooms, or storage, this flexibility makes bungalows a versatile choice.
Bungalows combine timeless architectural styles with modern conveniences. Homebuyers can enjoy updated kitchens, luxurious ensuites, and contemporary finishes while retaining the classic charm that fits into both established neighborhoods and new developments.
The demand for bungalows in Calgary is steadily increasing, making them a strong investment option. As more people recognize the benefits of single-level living, bungalows are likely to retain their value and yield excellent resale potential.
Bungalow communities often foster a strong sense of neighborly connection. Their design encourages social interactions and provides opportunities for community involvement, making them especially appealing for retirees and families alike.
Many bungalow neighborhoods in Calgary are conveniently located near essential amenities such as parks, schools, shopping centers, and healthcare facilities. This proximity simplifies daily errands and enhances quality of life.
Bungalows cater to a wide range of homebuyers, from young families seeking convenience to retirees prioritizing low-maintenance living. Their versatility makes them an excellent choice for individuals at any stage of life.
Bungalow living in Calgary offers unmatched convenience, style, and community connections. With features like accessibility, energy efficiency, and strong investment potential, bungalows are an ideal choice for homebuyers looking to settle in this vibrant city.
If you’re interested in exploring bungalow options in Calgary or have any questions about the real estate market, Diane Richardson, Realtor®, is here to help. Call 403-397-3706 or contact diane@mypadcalgary.com to find your dream home today!
All information herein deemed reliable, but not guaranteed. Copyright © 2024, Diane Richardson, all rights reserved.
Diane Richardson, Realtor®
Contact: 403-397-3706
Website: www.dianerichardson.ca
The Calgary real estate market in 2025 is set to be shaped by a combination of economic conditions, demographic changes, and evolving buyer preferences. Here’s an in-depth look at what to anticipate based on current trends and expert analysis.
Home prices in Calgary are expected to continue their upward trend, with the average price projected to reach approximately $810,000 in 2025. This increase is driven by strong demand for housing and limited supply. Annual price growth of around 5% is anticipated, fueled by population growth and an influx of new residents from across Canada and abroad.
High mortgage rates, currently hovering near 5%, have created affordability challenges for many buyers. While a slight decline in rates is expected in early 2025, uncertainty remains about the extent and timing of these changes. Buyers may need to navigate fluctuating borrowing costs as they assess their options.
The imbalance between housing supply and demand continues to be a significant factor in Calgary’s real estate market. Although new housing developments are underway, inventory levels remain low, especially for homes priced under $500,000. This shortage has intensified competition among buyers, contributing to rising prices.
There is a noticeable shift in buyer interest toward more affordable housing options like condos and townhomes. Rising detached home prices have pushed many first-time buyers to consider multi-family dwellings, a trend likely to persist as affordability becomes increasingly critical.
Calgary's population growth remains strong, attracting younger families and professionals seeking job opportunities and a high quality of life. This demographic trend is expected to sustain demand, particularly in family-oriented neighborhoods with access to schools, parks, and amenities.
Calgary’s economy is showing resilience, supported by industries like energy, technology, and healthcare. Economic stability boosts consumer confidence, encouraging home purchases despite rising prices. However, global economic conditions and immigration policies may also influence the market’s trajectory.
While the overall outlook is positive, there is a possibility of market corrections due to high mortgage rates and increasing inventory levels. Analysts consider Calgary a moderate-risk market, suggesting that external pressures could lead to pricing or sales activity adjustments.
Calgary continues to attract real estate investors with its comparatively affordable property prices and competitive rental yields. As new developments emerge, the city offers promising opportunities for investors seeking to capitalize on future growth.
As we move into 2025, Calgary's real estate market is poised for growth amidst evolving economic and demographic dynamics. While rising prices and high interest rates pose challenges, strong demand indicates ample opportunities for buyers and investors alike.
For personalized guidance or to stay informed about Calgary’s real estate market, reach out to Diane Richardson, Realtor®. Call 403-397-3706 or email at diane@mypadcalgary.com. Let me help you navigate this vibrant market with confidence and ease!
All information herein deemed reliable, but not guaranteed. Copyright © 2024, Diane Richardson, all rights reserved.
Diane Richardson, Realtor®
Contact: 403-397-3706
Website: www.dianerichardson.ca
With over 15 years of experience in Calgary’s real estate market, I’ve had the privilege of helping countless clients buy and sell homes. My deep understanding of the local market and strong negotiation skills allow me to provide invaluable insights to first-time buyers and seasoned investors alike. Here are my top 10 tips to guide you through your real estate journey in Calgary:
Before entering the market, evaluate your financial readiness. Check your credit score, determine your down payment, and factor in associated costs like closing fees, property taxes, and insurance. A mortgage pre-approval can strengthen your buying position significantly.
Calgary boasts diverse neighborhoods, each offering unique charm and amenities. Research areas that match your lifestyle and needs, considering proximity to work, schools, parks, and public transportation. My expertise can provide detailed insights into neighborhood trends and developments.
Create a list of must-haves versus nice-to-haves for your new home. This clarity helps focus your search and makes decision-making easier. Whether it’s the number of bedrooms, outdoor space, or architectural style, defining your priorities streamlines the process.
Choosing the right Realtor® is critical. Look for someone who understands the Calgary market and can effectively negotiate on your behalf. With personalized service, I ensure every client receives tailored advice and support throughout their journey.
While having a vision of your ideal home is important, be flexible. Calgary’s competitive market may require compromises, leading you to unexpected gems that meet most of your criteria.
A thorough home inspection is essential to uncover potential issues that might require costly repairs. I can connect you with trusted inspectors who provide detailed evaluations to help you make informed decisions.
The Calgary real estate market fluctuates between buyer’s and seller’s markets. Understanding these conditions allows you to strategize effectively. I stay updated on trends to give my clients timely and accurate advice.
Strong negotiation skills are key to achieving favorable terms. Whether making an offer or responding to counteroffers, having an experienced Realtor® ensures you secure the best deal without overextending financially.
Even if this is your forever home, consider its resale potential. Factors like location, condition, and neighborhood developments influence long-term value. My market expertise ensures your decisions align with your investment goals.
Communication is crucial. Stay informed about every step of the process, from initial offers to closing day. I pride myself on keeping clients updated and educated, ensuring a seamless experience.
Buying or selling a home in Calgary doesn’t have to be daunting. With the right guidance and information, it can be an exciting adventure. With over 15 years of experience in this dynamic market, I’m committed to helping clients navigate every step with confidence and ease.
If you’re ready to take the next step in your real estate journey or have questions about the Calgary market, reach out to me at diane@mypadcalgary.com or call me directly at 403-397-3706. Let’s turn your real estate dreams into reality!
All information herein deemed reliable, but not guaranteed. Copyright © 2024, Diane Richardson, all rights reserved.
I have sold a property at 258 Shawnessy DRIVE SW in Calgary. See details here
Welcome to your dream home in Shawnessy! This meticulously maintained bilevel has natural light flooding into the living room through large windows, highlighting the vaulted ceilings and creating an inviting atmosphere. The gas fireplace is a central feature for gatherings with friends and family. The heart of the home is the well-appointed kitchen, complete with stainless steel appliances, including a gas range and microwave hood fan. A formal dining room is appointed just off the kitchen, as well as an additional casual dining space that overlooks your stunning, tree-lined yard, which is well-maintained and offers plenty of space for gardening or play. You will discover two spacious bedrooms up, one featuring a cozy electric fireplace, ideal for those chilly evenings. The home’s thoughtful layout includes two upper bathrooms. A 4 piece bathroom and a 3-piece ensuite that connects one of the bedrooms through a pocket door, ensuring privacy and functionality. As original owners, the pride of ownership is evident in every detail of this home. The fully developed basement includes a workshop, laundry area, and a high-efficiency hot water tank, furnace, and humidifier for comfort year-round. Additional features include Vacuflow, water softener, and ceiling fans throughout. This low maintenance southwest-facing backyard is perfect for entertaining or simply relaxing. Enjoy summer BBQs with a convenient gas line already installed. A large shed is available for your backyard storage. There is also plenty of room for a potential garage to be built in the back. Situated within walking distance to three schools and Shawnigan Park, and just a five-minute drive to Shawnessy Shopping Centre, Cardel Rec Centre, YMCA, and more, this location offers unparalleled convenience. Enjoy easy access to parks, tennis courts, skating rinks, and extensive walking and biking paths for endless outdoor enjoyment. Don’t miss out on this rare opportunity to own a beautiful home in a fantastic community! Schedule your private viewing today!
In Calgary, Alberta, the housing market offers a variety of home types, with semi-detached homes and detached homes being two popular options. Understanding the differences between these two types of properties is essential for potential buyers. Here’s a detailed comparison:
A detached home is a standalone residential structure that does not share any walls with another home. Each detached home is typically situated on its own lot and is legally recognized as a single unit.
As of 2024, the average price for a detached home in Calgary was approximately $802,152, reflecting a 10.5% increase year-over-year. The demand for detached homes remains high, but inventory levels can fluctuate due to market conditions.
A semi-detached home, often referred to as a half-duplex, consists of two homes that share one common wall. Each unit is separately titled, meaning each side operates as an independent property.
The demand for semi-detached homes has been increasing in Calgary as buyers look for more affordable options in urban areas where detached homes may be out of reach. The market has seen significant growth in this segment due to rising prices in the overall housing market.
| Feature | Detached Homes | Semi-Detached Homes |
|---|---|---|
| Structure Type | Standalone | Shares one wall with another unit |
| Privacy | Complete privacy | Moderate privacy |
| Ownership | Full ownership of land | Separate titles for each unit |
| Space & Size | Typically larger | Generally smaller than detached |
| Affordability | More expensive | More affordable |
| Market Trends | High demand but fluctuating supply | Increasing demand due to affordability |
Choosing between a semi-detached and a detached home in Calgary largely depends on individual preferences regarding privacy, space, and budget. Detached homes offer greater privacy and space but come at a higher cost. In contrast, semi-detached homes provide an attractive alternative for buyers seeking affordability without sacrificing too much on living quality. As the Calgary housing market continues to evolve, both types of properties will remain essential options for prospective homeowners.
If you’re considering buying a home in Calgary, working with a knowledgeable realtor is essential to making the right decision. Diane Richardson is an experienced real estate agent specializing in the Calgary area. Whether you’re looking for your first home or a family upgrade, Diane can help you navigate the real estate market and find the perfect home for your needs.
Contact Diane Richardson:
If you’re ready to buy or sell a home in Calgary, Diane Richardson is the Realtor to trust. Call or text her today at 403-397-3706 to get started on your real estate journey. You can also email her at Diane@mypadcalgary.com
All information herein deemed reliable, but not guaranteed. Copyright © 2024, Diane Richardson, all rights reserved.
I have sold a property at 463 Mahogany TERRACE SE in Calgary. See details here
Welcome to 463 Mahogany Terrace, a delightful 2-storey, semi-detached home in beautiful Mahogany. This well designed home offers open-concept living on the main floor with a fully finished basement. has 4 bedrooms and 3 full bathrooms, complemented by a convenient 2-piece powder room, offering ample space and comfort for families of all sizes. Upon entering, you'll immediately appreciate the thoughtful layout, the large, inviting kitchen, featuring an eat-at counter and the seamless flow between the kitchen, dining, and living areas creates an ideal environment for both everyday living and hosting social gatherings. Ascending to the upper level, you'll find well-appointed bedrooms, including a good-sized primary suite with a 4-piece ensuite. The convenience of upstairs laundry facilities adds to the home's functional design. The bedrooms are thoughtfully arranged around the main 4-piece bathroom and provides privacy and comfort for all family members. The fully finished basement extends the living space, offering versatile options for a home office, recreation room, or guest accommodations. This additional level ensures that every square foot of the home is utilized to its fullest, providing flexibility for changing needs over time. The central air conditioning system maintains a pleasant indoor climate in the hot summer months and the central vacuum system further enhances the home's ease of maintenance, making cleaning effortless and efficient. The exterior of 463 Mahogany Terrace is equally impressive. A single, attached garage provides secure parking and storage, while the landscaping adds curb appeal and creates a welcoming entrance. The backyard features low-maintenance artificial turf that remains lush and green without the need for watering or mowing. A raised-bed garden offers the perfect opportunity for home gardening enthusiasts to cultivate their own herbs, vegetables, or flowers. One of the standout features of this property is its enviable location. Situated within walking distance of the beautiful Mahogany Lake beach, residents can enjoy leisurely strolls along the shoreline or partake in various water activities. The paved back alley provides easy access to the rear of the property, enhancing the overall functionality of the home. 463 Mahogany Terrace SE represents thoughtful suburban living, combining design, modern amenities, and a prime location. Whether you're a growing family, professionals working from home, or those seeking a low-maintenance lifestyle without compromising on space and quality, this semi-detached home offers the perfect blend of comfort, style, and convenience. Don't miss the opportunity to make this exceptional property your new home and embrace the vibrant community lifestyle that Mahogany Terrace has to offer.
Let's discuss your next home sale or purchase, with no obligation.
Give me a call at 403-397-3706
