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I have sold a property at 2001 Ravensdun CRESCENT SE in Airdrie

I have sold a property at 2001 Ravensdun CRESCENT SE in Airdrie. See details here

Welcome Home to Your BRAND NEW 2-Storey Home in the Desirable Community of Ravenswood. Purchase this NEVER LIVED-IN Home and get the BENEFIT of SAVING the 5% GST!! This 2690 sq ft Home has a LONG LIST of incredible UPGRADES ($60,000 worth)! Starting with a GOURMET KITCHEN which includes upgraded appliances ($16,000 Value), upgraded Cabinets & Hardware, Quartz Countertops AND a SPICE-KITCHEN with a walk-through pantry leading to the Mud Room. The main floor also boasts Engineered Hardwood flooring, a Den/Office, a Dining area and Electric Fireplace with Beautiful Tile Spanning from floor to ceiling in the Livingroom. The Stair Railings have been upgraded to a maple finish with metal spindles. The 2nd Floor Features TWO Primary Bedrooms both with Ensuites and Walk-in Closets. One has a 5pc Ensuite with an added Shower Bench and Niche and the other has a 4pc Ensuite. PLUS Two additional bedrooms, a 4pc bathroom, Large Bonus Room and Laundry Room with plenty of storage. All bathrooms have upgraded tiles, countertops and hardware. Upgraded Lighting throughout the home and 9’ Ceilings on all levels including the unfinished basement, which also has a separate side entrance and an extra window. The Double Attached Garage height was extended to 8’. As well as an increased-sized Front Veranda and upgraded front door to a Spanish Oak finish with side windows on both sides of the door. The Front Driveway and Concrete walkway will be completed by the builder shortly. You will also notice paved side and rear laneways. A Rear Deck with Railings, Extra Light and gas line for your BBQ has been added and the Front and Back Yards await your finishing touch.

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New property listed in Cochrane, Cochrane

I have listed a new property at 37 Heritage DRIVE in Cochrane. See details here

Welcome Home to this Charming and Spacious 2-storey House in the Beautiful Community of Heritage Hills in Cochrane. Relax in the Mornings while enjoying your coffee on the Front Porch, while inside on the Main floor, you will find a Den, 2pc Bath, Livingroom with Gas Fireplace, and Dining Area open to the Kitchen with Brand New Vinyl-Plank Flooring, Energy-Efficient Stainless Steel Appliances and Granite Counters. Enjoy the Summer Evenings on your Large Deck, which leads to your Detached Double Car Garage & an additional parking stall next to it. Located upstairs is a Large Master Bedroom, with a big Walk-In Closet. Unwind in the Soaker Tub located in your 5pc Ensuite Bathroom after a long day at work. The 2nd and 3rd bedrooms are spacious with large closets and there is a 4pc Bathroom, as well as a spacious Laundry Room with Built-In Cabinets to keep everything organized. Plenty of additional storage is located in the Basement, which is mostly finished. It has been developed with a Large Recreation Room (needs flooring), a 4th Bedroom is complete and the Bathroom is roughed-in, waiting for your finishing touches.

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I have sold a property at 216 130 New Brighton WAY SE in Calgary

I have sold a property at 216 130 New Brighton WAY SE in Calgary. See details here

4 Reasons You're Going to FALL IN LOVE with Townhouse 216: 1. ROOM TO LIVE: Well thought-out design with 1269 sq ft of living space. Enjoy your DUAL PRIMARY suites, 2.5 bathrooms, FLEX SPACE and ATTACHED GARAGE. This is a full-sized home! The main floor features a FUNCTIONAL floorplan with a perfectly proportioned living room and oversized eat-in kitchen with a balcony. Upstairs, dual primary suites are both equipped with 4-piece ensuites and double closets. 2. THE KITCHEN: BEAUTIFULLY DESIGNED with a stainless appliance package, MODERN cabinetry, breakfast bar, built-in credenza with additional storage, large window bringing in all-day natural light and a ton of work space PLUS ample storage space. 3. LOWER-LEVEL FLEX ROOM: Whether you need a home office, TV room or kids play area this is the extra space you have been looking for! 4. A CONVENIENT + FAMILY-ORIENTED NEIGHBOURHOOD: New Brighton is a popular family community in SE Calgary. Residents enjoy an active community association with numerous events throughout the year including annual street market, beer gardens, Stampede breakfast and tot's play day along with being within walking distance to schools (Dr. Martha Cohen & St Isabella), many playgrounds throughout the community, great walking paths AND close proximity to shopping, close by restaurants and easy access to 130th Ave, Stoney and Deerfoot Trails.

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Open House. Open House on Saturday, May 13, 2023 1:00PM - 4:00PM

Please visit our Open House at 2001 Ravensdun CRESCENT SE in Airdrie. See details here

Open House on Saturday, May 13, 2023 1:00PM - 4:00PM

** OPEN HOUSE on Saturday, MAY 13 from 1-4 pm & Sunday, MAY 14 from 1-4 pm ** Welcome Home to Your BRAND NEW 2-Storey Home in the Desirable Community of Ravenswood. Purchase this NEVER LIVED-IN Home and get the BENEFIT of SAVING the 5% GST!! This 2690 sq ft Home has a LONG LIST of incredible UPGRADES ($60,000 worth)! Starting with a GOURMET KITCHEN which includes upgraded appliances ($16,000 Value), upgraded Cabinets & Hardware, Quartz Countertops AND a SPICE-KITCHEN with a walk-through pantry leading to the Mud Room. The main floor also boasts Engineered Hardwood flooring, a Den/Office, a Dining area and Electric Fireplace with Beautiful Tile Spanning from floor to ceiling in the Livingroom. The Stair Railings have been upgraded to a maple finish with metal spindles. The 2nd Floor Features TWO Primary Bedrooms both with Ensuites and Walk-in Closets. One has a 5pc Ensuite with an added Shower Bench and Niche and the other has a 4pc Ensuite. PLUS Two additional bedrooms, a 4pc bathroom, Large Bonus Room and Laundry Room with plenty of storage. All bathrooms have upgraded tiles, countertops and hardware. Upgraded Lighting throughout the home and 9’ Ceilings on all levels including the unfinished basement, which also has a separate side entrance and an extra window. The Double Attached Garage height was extended to 8’. As well as an increased-sized Front Veranda and upgraded front door to a Spanish Oak finish with side windows on both sides of the door. The Front Driveway and Concrete walkway will be completed by the builder shortly. You will also notice paved side and rear laneways. A Rear Deck with Railings, Extra Light and gas line for your BBQ has been added and the Front and Back Yards await your finishing touch.

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Open House. Open House on Sunday, May 14, 2023 1:00PM - 4:00PM

Please visit our Open House at 2001 Ravensdun CRESCENT SE in Airdrie. See details here

Open House on Sunday, May 14, 2023 1:00PM - 4:00PM

** OPEN HOUSE on Saturday, MAY 13 from 1-4 pm & Sunday, MAY 14 from 1-4 pm ** Welcome Home to Your BRAND NEW 2-Storey Home in the Desirable Community of Ravenswood. Purchase this NEVER LIVED-IN Home and get the BENEFIT of SAVING the 5% GST!! This 2690 sq ft Home has a LONG LIST of incredible UPGRADES ($60,000 worth)! Starting with a GOURMET KITCHEN which includes upgraded appliances ($16,000 Value), upgraded Cabinets & Hardware, Quartz Countertops AND a SPICE-KITCHEN with a walk-through pantry leading to the Mud Room. The main floor also boasts Engineered Hardwood flooring, a Den/Office, a Dining area and Electric Fireplace with Beautiful Tile Spanning from floor to ceiling in the Livingroom. The Stair Railings have been upgraded to a maple finish with metal spindles. The 2nd Floor Features TWO Primary Bedrooms both with Ensuites and Walk-in Closets. One has a 5pc Ensuite with an added Shower Bench and Niche and the other has a 4pc Ensuite. PLUS Two additional bedrooms, a 4pc bathroom, Large Bonus Room and Laundry Room with plenty of storage. All bathrooms have upgraded tiles, countertops and hardware. Upgraded Lighting throughout the home and 9’ Ceilings on all levels including the unfinished basement, which also has a separate side entrance and an extra window. The Double Attached Garage height was extended to 8’. As well as an increased-sized Front Veranda and upgraded front door to a Spanish Oak finish with side windows on both sides of the door. The Front Driveway and Concrete walkway will be completed by the builder shortly. You will also notice paved side and rear laneways. A Rear Deck with Railings, Extra Light and gas line for your BBQ has been added and the Front and Back Yards await your finishing touch.

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New property listed in New Brighton, Calgary

I have listed a new property at 216 130 New Brighton WAY SE in Calgary. See details here

4 Reasons You're Going to FALL IN LOVE with Townhouse 216: 1. ROOM TO LIVE: Well thought-out design with 1269 sq ft of living space. Enjoy your DUAL PRIMARY suites, 2.5 bathrooms, FLEX SPACE and ATTACHED GARAGE. This is a full-sized home! The main floor features a FUNCTIONAL floorplan with a perfectly proportioned living room and oversized eat-in kitchen with a balcony. Upstairs, dual primary suites are both equipped with 4-piece ensuites and double closets. 2. THE KITCHEN: BEAUTIFULLY DESIGNED with a stainless appliance package, MODERN cabinetry, breakfast bar, built-in credenza with additional storage, large window bringing in all-day natural light and a ton of work space PLUS ample storage space. 3. LOWER-LEVEL FLEX ROOM: Whether you need a home office, TV room or kids play area this is the extra space you have been looking for! 4. A CONVENIENT + FAMILY-ORIENTED NEIGHBOURHOOD: New Brighton is a popular family community in SE Calgary. Residents enjoy an active community association with numerous events throughout the year including annual street market, beer gardens, Stampede breakfast and tot's play day along with being within walking distance to schools (Dr. Martha Cohen & St Isabella), many playgrounds throughout the community, great walking paths AND close proximity to shopping, close by restaurants and easy access to 130th Ave, Stoney and Deerfoot Trails.

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New property listed in Airdrie, Airdrie

I have listed a new property at 2001 Ravensdun CRESCENT SE in Airdrie. See details here

Welcome Home to Your BRAND NEW 2-Storey Home in the Desirable Community of Ravenswood. Purchase this NEVER LIVED-IN Home and get the BENEFIT of SAVING the 5% GST!! This 2690 sq ft Home has a LONG LIST of incredible UPGRADES! Starting with a GOURMET KITCHEN which includes upgraded appliances (worth $16,000), upgraded Cabinets & Hardware, Quartz Countertops AND a SPICE-KITCHEN with a walk-through pantry leading to the Mud Room. The main floor also boasts Engineered Hardwood flooring, a Den/Office, a Dining area and Electric Fireplace with Beautiful Tile Spanning from floor to ceiling in the Livingroom. The Stair Railings have been upgraded to a maple finish with metal spindles. The 2nd Floor Features TWO Primary Bedrooms both with Ensuites and Walk-in Closets. One has a 5pc Ensuite with an added Shower Bench and Niche and the other has a 4pc Ensuite. PLUS Two additional bedrooms, a 4pc bathroom, Large Bonus Room and Laundry Room with plenty of storage. All bathrooms have upgraded tiles, countertops and hardware. Upgraded Lighting throughout the home and 9’ Ceilings on all levels including the unfinished basement, which also has a separate side entrance and an extra window. The Double Attached Garage height was extended to 8’. As well as an increased-sized Front Veranda and upgraded front door to a Spanish Oak finish with side windows on both sides of the door. The Front Driveway and Concrete walkway will be completed by the builder shortly. You will also notice paved side and rear laneways. A Rear Deck with Railings, Extra Light and gas line for your BBQ has been added and the Front and Back Yards await your finishing touch.

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Calgary's Housing Market Update

Calgary's Housing Market: What's Behind the Skyrocketing Prices?

 

Calgary Real Estate and Rental Market Update
April 1, 2023 - Written by Jamie Palmer, President/Broker of Power Properties

 

At the time of writing, the average price of a detached home in Calgary is $708,095! Prices are up 6% compared to March 2022, which itself was 12% higher than March 2021! On top of that, It is anticipated that prices will continue to increase this year! Everyone wants to know what is causing these increases, how long are they likely to last, and is now a good time to buy rental properties?

Immigration and Affordability Fuel Housing Demand in Calgary

The primary driver of price increases is demand fuelled by increasing immigration and population growth in Alberta. Alberta’s population grew by over 60,000 people in 2022. All of these people need somewhere to live and unfortunately (or fortunately depending on if you are a landlord), Alberta has the lowest housing per capita ratio in Canada… Alberta would need to build 138,000 housing units just to be average in Canada, assuming no further population growth, and for perspective, Alberta only had 35,000 housing starts in 2022. So there is a severe imbalance between housing demand and supply, one that is effectively baked in for several years to come, as we can’t build homes fast enough to meet growth.

Much of what is driving immigration to Calgary is the difference in affordability between major cities in Canada, Vancouver and Toronto’s average price for detached homes is still well over a million dollars, and the average household income is lower in both cities compared to Calgary, making Calgary a perceived bargain. So while most Calgarians are gobsmacked at the notion that an average house is $708,000, Torontonians and Vancouverites look and think “what a deal”! There is a similar difference in rents as well, with the average two-bedroom apartment in Toronto costing $3200/month, a number that can get you a nice suburban house in Calgary. 

Calgary's Booming Industries Set to Drive Continued Growth for Years to Come

So the next question is how long will this last? By all indications, Calgary can expect continued increases for the next several years to come. While we are unlikely to see sky-high oil prices due to expectations of a looming worldwide recession, Alberta has numerous other industries that are set to boom including both green and blue hydrogen production, and lithium production. Alberta may have five times more lithium than the rest of Canada, and likely more than all of North America, and it’s relatively easy to extract. So in a world looking for politically safe, environmentally responsible energy and mineral supplies, Alberta is exceptionally well positioned. This is creating well-paying jobs, which in turn is continuing to attract workers from across Canada and around the world. 

Real Estate Market Trends Suggest Now is the Time to Invest

With the above in mind and as my father always told me, the best time to buy real estate was twenty years ago, the second best time is now… With both values and rents expected to continue to increase over the next several years, now is certainly a good time to purchase properties. Having said that, it is important to understand that rents lag sales prices by six months to a year, so it is very difficult to purchase a property and have it produce positive cash flow in the first year. It takes time for the rent to catch up to the sale price so to speak, and this should be budgeted for when you consider purchasing another property.

 

Written by Jamie Palmer, President/Broker of Power Properties Ltd.

Jamie Palmer is the President and Broker of Power Properties. He holds a Certified Property Manager (CPM®) designation, the highest designation in Property Management in North America. He earned an Honors degree from the University of Toronto, and he has over 17 years of experience in property management.

About Power Properties Ltd.

Founded in 1980, Power Properties has been providing hassle-free property management services to property owners, property investors and non-residents with homes in Calgary, Alberta for over 40 years. Our full-service property management includes everything from move in to move out, so you don’t have to worry about the day-to-day operations of your rental property. With a team of licensed professionals, years of experience, and award-winning service, you can rest assured that your property is in good hands.

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Preparing to Sell Your Home?


4 Effective TIPS to help you in preparing to List


1. Depersonalize, Declutter & Clean

One of the most important things you can do to prepare your home for listing is to depersonalize, declutter and clean it thoroughly. Depersonalizing will allow potential buyers to see themselves living in the house. While decluttering and cleaning will make your home appear more spacious and attractive to potential buyers.


2. Make Repairs

Take care of any small repairs that need to be done around the house, such as fixing leaky faucets, restaining/repairing decks & fences, repairing or replacing broken tiles and/or flooring etc. Also, be sure to have your furnace inspected and cleaned. 

This will help you avoid any of these issues that might come up during a home inspection and make your home more appealing to potential buyers.


3. Improve Curb Appeal

The exterior of your home is the first thing potential buyers will see, so make sure it looks its best. This may involve adding some landscaping, repairing/replacing damaged grass, power washing the exterior, or painting the front door.


4. Stage Your Home

Home staging involves arranging your furniture and decor in a way that highlights your home's best features and makes it look more appealing to buyers. You may want to consider hiring a professional stager to help with this.


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10 Home Maintenance Tips for Spring

Spring Home Maintenance Checklist for YYC HomeOwners

1: Inspect Your Roof

Calgary winters can be harsh, so it's essential to inspect your roof for any damage. Check for missing or damaged shingles, leaks, and cracks. If you're uncomfortable climbing onto your roof, hire a roofing professional to inspect you.

If you notice any damage, make repairs as soon as possible to prevent further damage to your home. Remember, a damaged roof can lead to water damage inside your home.

Also, clear any debris or leaves from your gutters and downspouts to ensure proper drainage.

2: Check Your Home's Exterior

Inspect the exterior of your home for any damage caused by winter weather. Check for cracks in the foundation, damaged siding or brickwork, and peeling paint.

If you find any damage, make repairs as soon as possible to prevent further damage and maintain your home's curb appeal.

Additionally, check your windows and doors for any damage or drafts. Replace any damaged or worn weatherstripping to improve your home's energy efficiency.

3: Inspect Your HVAC System

Spring is the perfect time to have your HVAC system inspected by a professional. They will ensure that your system is running efficiently and identify any potential issues before they become costly repairs.

Additionally, replace your air filter to improve indoor air quality and prolong the life of your system.

Finally, consider having your air ducts cleaned to remove any dirt or debris that may have accumulated over the winter.

4: Test Your Smoke and Carbon Monoxide Detectors

Testing your smoke and carbon monoxide detectors should be done regularly to ensure they are functioning correctly. Replace any batteries that are low or expired.

If you don't have a carbon monoxide detector, consider installing one to protect your family from this silent killer.

Remember, smoke and carbon monoxide detectors save lives.

5: Clean Your Chimney

If you have a wood-burning fireplace or stove, have your chimney cleaned by a professional. Creosote buildup can cause a chimney fire, so it's essential to have it cleaned regularly.

Also, inspect your fireplace or stove for any damage and repair it before using it again.

Finally, ensure that your fire extinguisher is up to date and in good working condition.

6: Check Your Plumbing

Inspect your plumbing for any leaks or damage. Check around your water heater, under sinks, and around the toilets.

If you notice any leaks, make repairs as soon as possible to prevent water damage and mold growth.

Additionally, consider having your water heater flushed to remove any sediment that accumulated over the winter.

7: Clean Your Gutters

Clear any debris or leaves from your gutters and downspouts to ensure proper drainage. Clogged gutters can cause water damage to your home's foundation, siding, and roof.

If you're not comfortable cleaning your gutters, hire a professional to do it for you.

Finally, consider installing gutter guards to prevent debris from accumulating in your gutters.

8: Check Your Attic

Inspect your attic for any signs of moisture or leaks. Look for water stains, mold growth, and damaged insulation.

If you notice any issues, make repairs as soon as possible to prevent further damage and improve your home's energy efficiency.

Additionally, ensure that your attic vents are clear of debris to improve ventilation.

9: Clean Your Windows

Clean your windows inside and out to improve your home's curb appeal and let more natural light into your home.

Additionally, check your window screens for any damage and make repairs as needed.

Finally, consider upgrading your windows to more energy-efficient models to save money on your energy bills.

10: Prepare Your Lawn and Garden

Spring is the perfect time to prepare your lawn and garden for the growing season. Rake up any leaves or debris and aerate your lawn to promote healthy growth.

Additionally, prune any dead or damaged branches from your trees and shrubs and plant any new flowers or vegetables.

Finally, ensure that your irrigation system is in good working condition and adjust it as needed to ensure proper watering.


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I have sold a property at 303 8710 Horton ROAD SW in Calgary

I have sold a property at 303 8710 Horton ROAD SW in Calgary. See details here

Fresh and New! Full repainted and new flooring make this spacious 1 bedroom better than new! Functional floorplan with roomy living room and functional office allow for relaxation and work from home in separate rooms, no more sofa desk! Soaring 10 foot ceilings make for an airy open feeling and oversize balcony provides plenty of private outdoor enjoyment. Master bedroom boasts plenty of room for kind and large closet. Functional and gleaming stone kitchen offers eating bar, complete with stylish bar chairs! London offers the best of condo city lifestyle, with gym, recreation facilities and plenty of parking. Conveniently located with easy walk to Heritage Train station, shopping, restaurants [including one of the BEST sushi houses in town!] and the convenience of McLeod Trail. Available for immediate possession, it's time to get ready to enjoy the summer in your stylish new home!

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I have sold a property at 868 Abbotsford DRIVE NE in Calgary

I have sold a property at 868 Abbotsford DRIVE NE in Calgary. See details here

WELCOME HOME to this BEAUTIFUL BUNGALOW in the community of Abbeydale with a TOTAL of 1983 Sq Ft. RENOVATED MAIN FLOOR with 3 Bedrooms, Large Kitchen, Nook, Big Livingroom, STEAM SHOWER in your 3 pc Bathroom & HARDWOOD FLOORS throughout, complete your Main Level. Choice is yours to use the Basement as a Mortgage helper (Illegal Suite with Separate Entrance) OR as Additional Living Space for your Family OR Purchase as an Investment Property. In the Basement you have another Kitchen, HUGE Living Room with PROJECTOR & INFRARED SAUNA, a 4 pc. Bathroom and 4th Bedroom. Laundry/Utility Room is located in a shared basement area at the bottom of the stairs. PLUS there is an OVERSIZED HEATED DOUBLE DETACHED GARAGE, Additional Storage in the Shed & an RV PARKING PAD. Enjoy your evenings in your Low-Maintenance Backyard featuring Interlocking Patio Stones AND Fire Pit!

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