Mindblown: a blog about philosophy.
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Upgrading your windows? Here are must-know tips for Calgary homeowners
Calgary homeowners are increasingly focused on energy-efficient windows to reduce energy costs and enhance comfort. Researching multiple companies is crucial, considering factors like online reviews, energy efficiency ratings, price, and warranty. A quality window can last over 30 years, making it essential to prioritize value over the lowest price. Homeowners should also ensure warranties cover…
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Land Release in Calgary, Edmonton for New Housing | Please check out our video.
Federal land in Calgary's Currie Barracks and Edmonton's Village of Griesbach opened for development.Calgary's project includes 99 units, with 30% at 80% of median market rent.
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Conversion Potential Sparks Office Sales As Calgary Relaunches Incentive Program
Calgary has relaunched its Downtown Development Incentive Program to convert excess office space into residential units, offering up to $75 per square foot for eligible projects, with a cap of $15 million. Initially launched in 2021, the program was paused in October 2023 due to high demand but has since secured $228 million from the…
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Calgary Condo Market: A Smart Investment | Please check out our video.
Calgary's condo market is attracting Toronto investors, as average rents surpass mortgage costs, creating surplus income.Calgary ranks sixth in a report comparing rent-to-mortgage ratios, with a monthly surplus of $474.
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Calgary CRE: Surprisingly Strong Investment Surge! | Please check out our video.
Calgary experienced 356 transactions totaling $1.85 billion, with multifamily and commercial condos driving investment. The first half of 2024 saw a 93% increase in multiresidential investments, reaching over $525 million.
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Calgary Real Estate Market Update: September 2024
The Calgary real estate market is cooling, with rising inventory and moderating sales. In August 2024, residential sales dropped 20% year-over-year to 2,186, yet remain 17% above long-term averages. Active listings increased by 37% to 4,487, the highest since 2022. The benchmark price for residential properties rose 6% to $601,800. The rental market saw average…
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National Day for Truth and Reconciliation | Please check out our video.
National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…
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First-Time Home Buyer’s Guide: 10 Steps For Buying Your First Home
Buying your first home requires careful preparation, especially with high housing prices in Canada. A down payment typically ranges from 5% to 20% of the home's price, with additional costs like closing fees, home inspections, and property taxes. First-time buyers can access various incentives, such as the First-Time Home Buyers Incentive and the RRSP Home…
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Calgary Home Prices Set to Rise 52% by 2030 | Please check out our video.
Calgary’s Real Estate predictions for the next 10 years are also looking optimistic. Calgary House Market Forecast: Avg House Price – 2024: $720K – 2025: $810K
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Western Canada Shines in Home Price Gains: Calgary Outperforms | Please check out our video.
Calgary’s benchmark for single-family detached homes grew 8.3% year-to-date, reaching $690,900.This price increase places Calgary sixth among Canadian cities for growth in benchmark pricing.
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