Archive for April, 2013

Price Reduction – 1917 26 Av SW Calgary, Alberta

Tuesday, April 30th, 2013

Our listing at 1917 26 Av SW has dropped in price to $689,000.00. Our seller is very motivated to sell his home and is offering the buyer a $500 gift certificate to Chinook Center as a house warming gift.

HOME SWEET HOME! It’s time to move inner city!  This fully finished 4 bedroom, 4 bath home is walking distance to down town and trendy 17th and 33rd Avenues! Upgrades include maple hardwood and tile flooring on both upper levels, high end stainless steel appliances, granite counters, gas fireplace with slate finishings, french doors and 9’knock down ceilings on all levels.  The main level has a open plan kitchen, dining room and living room as well as a front office and 2 piece bath.  Upstairs there are 3 large bedrooms with walk in closets, 2 full baths and a laundry room. The basement has a 4th bedroom/weight room (no carpet), a very large family room and lots of storage.  The private yard is fully fenced with a cozy deck, landscaping and a HOT TUB.  There is also a double detached garage. Please call today for a private viewing. Seller is offering the buyer a $500 gift certificate to Chinook Center as a house warming gift.

 

 

 

 

 

 

 

Click here for more details on the property or contact us for a private viewing.

Why Homebuyers Should Go Short On Amortizations

Monday, April 29th, 2013

With a mortgage, there are many options for you depending on your financial situation. Both variable and five-year mortgages are now available for less than 3 per cent, but those low rates won’t last forever.

Finance Minister, Jim Flaherty, decision last year to tighten the rules for mortgage insurance by reducing the maximum amortization from 30 to 25 years was the right one for Canadians to reduce household debt.

Some critics argued that this measure brought about the slowdown of the real estate markets due to the hike in minimum monthly payments for an insured mortgage. Many Canadians who would have bought homes could no longer qualify under this new rule.

However, let’s look at the numbers to see how this would help all the Canadians that are planning to take advantage of today’s low rates by buying a home or renewing a mortgage:

The average price of a home sold in Calgary in the month of February 2013 was $457,111. Assuming the average downpayment for a home would be close to 20 per cent, that would mean a $365,000 mortgage.

At a variable-rate mortgage of 3 per cent interest with 25 year amortization, your monthly payments would be $1,727.35 with a total of $518,203 paid including $153,203 of interest over 25 years (or 300 payments). However, if we switch to a 20 year amortization period, our monthly payments would of course increase to $2,020.89, but our total overall payments now total $485,013 with only $120,013 of interest payments. That’s a savings of over $33,000 in interest costs!

Do your own calculations using my Mortgage Calculator and you will see how much money you can save just by choosing a lesser amortization period. Even if you have to renew the mortgage later on, you will have a smaller balance to deal with. As we’ve seen, a lot can happen with interest rates in that time. For example, within the past decade, the prime rate (which drives variable-rate mortgages) rose by as much as 1.75 per cent in less than one year and term mortgage rates have varied even more.

So if you are looking for a new mortgage or renewing this year, choose the lowest amortization period you can afford and save your money!

Sources: http://www.creb.com/, www.financialpost.com

Calgary Home Price Growth One of the Best in Canada

Friday, April 26th, 2013

Calgary’s resale housing market price growth is being recognized as being one of the best in Canada.

Calgary has experienced an increase of 6.6% from their average price of $435,032 in 2012. This puts Calgary in the same group as Victoria, Saskatchewan, Thunder Bay, Halifax, and Newfoundland in the 7% home price growth range over last year.

With the current inventory of sales low in Calgary there has been a spike in demand for single family homes, especially one’s located in desirable communities and inner-city Calgary. This is resulting in less days on market and an overall increase in price growth.

Please contact us today if you would like to see what the market value of your home might be in this hot market.

We will provide you with a Free Market Evaluation of Your Home

Source:  Calgary Herald- Calgary Price Growth

Calgary, Voted Canada’s Best Place to Raise a Family

Thursday, April 25th, 2013

Not only was Calgary voted Canada’s best place to live but it can now add Canada’s best place to raise a family to its list of accomplishments.

Money Sense ranked Calgary as Canada’s best city to raise a family, largely due to its high average income combined with low taxes…Some of the advantages of living in a booming city!

The main figures that lead to Calgary being ranked in first place are as follows:

Percentage of population under the age of 15: 17.90%

Percentage of families with kids: 47.95

Daycare spaces per 1,000: 22.03

Average monthly daycare fee: $726

 

If you are looking to move your family to Calgary and want some more information about this fantastic city click here

If you would like to receive a relocation package from us please click here

 

Source: http://money.ca.msn.com/savings-debt/gallery/canada%e2%80%99s-best-places-to-raise-kids#image=11

 

NEW LISTING – 195 SCENIC RIDGE CR NW

Wednesday, April 24th, 2013

It’s been a busy week here for us at the Home Sweet Home Team…The Calgary Spring market is really starting to come on strong!

Take a look below at our newest listing at 195 Scenic Ridge Crescent NW in the desirable community of Scenic Acres.

Exceptional Mountain Views! Fully Finished Executive Family Home has 5 bedrooms, 2 dens, 4 baths, 3 family rooms and a walkout basement. Main floor has a spacious formal living/dining room, bright and cozy open plan family/kitchen/nook area, den, bathroom and laundry room. Upstairs are 3 bedrooms with large closets and 2 full baths. Basement has 2 bedrooms, den, full bath, huge recreation room, utility and storage room. Stunning features include the master ensuite,(remarkable with a huge spa like soaker tub, glass block shower, spacious 2 sink vanity and large walk in closet) & the main floor family room (comfortable with a cozy fireplace, built ins and French Doors leading to the west facing balcony).Upgrades include a stunning spiral staircase, gorgeous hardwood floors, 18 foot ceilings, granite counters, new carpet, fresh paint, numerous built-ins, wet bar, 2 fireplaces and a fenced yard. Located walking distance to the LRT, Crowfoot shopping center, YMCA, Arena, Schools and off leash dog park.

If you are interested for more details on this property Click Here

If you are interested in selling or buying a property in the community of Scenic Acres or  or anywhere else in Calgary, Contact Us today!

 

New Home Sweet Home Team Listing – # 1212 20 HARVEST ROSE PA NE

Tuesday, April 23rd, 2013

Take a look at our new listing in Harvest Hills!

 

 

 

 

 

 

This spacious, well maintained 2 bedroom, 2 full bath condo has  underground parking, in suite laundry and a HUGE WEST FACING BALCONY!! The well designed galley kitchen features a sunshine ceiling and includes all appliances. This very bright and open plan area contains an 8 seat dining room and a 2+ couch living room.  There is a cozy corner gas fireplace and a walkout to your covered balcony.  This home is PERFECT for entertaining. Both bedrooms are spacious.  The master has a large walk-in closet and en suite. This bungalow style apartment condo is on the second floor.  There is also an in suite laundry, pantry and storage room. Ideally located close to schools, shopping, public transportation and several golf courses.  Easy access to the airport, Deerfoot trail and downtown. Please book your viewing today!

Click Here for more details on the property or for Additional Properties Click Here

Contact Us today if you would like a private viewing of this home!

Home Upgrades- Are They Worth Your Time?

Thursday, April 18th, 2013

Home Upgrades – Are They Worth Your Time?

There are always a few questions that enter the minds of those homeowners thinking about selling their home… Will the improvements deliver the comfort you’re looking for? Would it make more sense to move homes over upgrading yours? Will the renovations provide you with the return you are seeking when you decide to sell your home?

The table below will help you find the answer to some of these questions. In the future this should help you in the future so you know which rooms to focus on with your renovations and which can offer you the greatest return on your investment.

Keep in mind the time it takes between when the upgrades happened and the sale, as we well as proper maintenance and changing styles, should be factored-in when reviewing the chart and the potential return.

 

Upgrade

Approximate   Cost

% Recovered On   Resale

Kitchen $10,000+ 75% to 100%
Bathroom $10,000+ 75% to 100%
Roof Shingle Replacement $2.50 – $10 50% to 80%
High-Efficiency Furnace $3,500 – $7,000 50% to 80%
Windows Replacement $40 – $120 / Sq. Ft 50% to 75%
Deck $25 – $500/ Sq. Ft 50% to 75%
Hardwood Flooring $5 – $15 / Sq. Ft 50% to 75%
Central Air Conditioning $3,000 + 50% to 75%
Finished Basement $20 – $35/ Sq. Ft 50% to 75%
In ground Pool $20,000 – $40,000 10% to 40%
Skylights $3,000 + 0% to 25%

For more Home Selling Tips from the Home Sweet Home Team please visit Selling a Calgary Property or contact us today for Your Free Calgary Home Evaluation.

An Opportune Time To Sell Your Calgary Home

Wednesday, April 17th, 2013

 

 

 

 

 

 

 

There is currently a low level of inventory of Calgary homes for sale. This combined with a high demand from buyers is great news for those looking to sell their home.

New home sellers can capitalize on homes being in short demand and sell for a great price.

Here is a video from Global Calgary on the current state of the Calgary Market.

 

Tight Housing Market in Calgary

 

If you are thinking about selling your Calgary home please contact us today and we would be more than happy to give you a free market evaluation of your home.

If you are interested in how much homes in your area are worth please visit the compare your Calgary home section on our home page of our website. Here you can find specific information such as pricing of current listings in your neighborhood.

 

PRICE REDUCTION! 4936 Viceroy Drive NW Calgary, Alberta

Monday, April 15th, 2013

Our gorgeous 5 bed, 2.5 bath home in Varsity Acres  is now $585,000.

This home has only been on the market for 3 days. Our sellers are motivated to sell this home ASAP!

 

 

 

 

 

 

Contact us today to book your own private viewing

403-874-9021.

For more details on this property please visit DETAILS on 4936 Viceroy Drive NW Calgary, Alberta

Home Sweet Home Open House – 4936 Viceroy Drive NW Calgary, Alberta

Monday, April 15th, 2013

REALTOR and PUBLIC Open House Monday April 15, 2013 From 4 – 7 PM.

4936 VICEROY DR NW

Monday, April 15, 2013 4pm – 7pm

Features of this home include:

Fully Finished 1284 sq ft Bungalow
3 Bedrooms Up, 2 Bedrooms Down
New carpet, Paint, Tile, Wood Flooring, Lighting, New Furnace
Granite Counters, Dark Wood Kitchen
2 completely new and 1 renovated bathroom
Spacious Hobby Room/Workshop/Gym attached to Double Tandem Garage
Cozy Back Sunroom
Great Location!

   

VISIT US AT THE OPEN HOUSE FOR MORE DETAILS!

Snacks and Refreshments Will Be Provided!

For More details on the property click here 4936 Viceroy Drive NW DETAILS

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