December 2015

Found 3 blog entries for December 2015.

It’s no secret that there have been better days for Calgary real estate—we all know by now that fluctuations in oil pricing have hit our housing market pretty hard. And while things here aren’t exactly fabulous at the moment, at least we aren’t expecting a major shift in the market any time soon.

The same can’t be said for Vancouver, our neighbors to the west. For the past few years, their housing market has exploded at an astronomical rate—even as things have slowed down in other Canadian cities, the average Vancouver home sale price rose between 23-26% this past year, with slight variances depending on neighborhood. The rise has been fast and steady for the past few years, with no signs of slowing down, but there’s a big problem lurking beneath the

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I know that things could be better in the Calgary luxury real estate market, but I want you to know that new opportunities are constantly coming up for high-end investors. Take, for example, this interesting property in Savannah, Georgia: it’s been listed for $17.5 million and it barely makes an above-ground footprint.

How is that even possible? It’s a two-storey, almost-14,000 square foot compound, but here’s the catch: it’s built 45 feet below ground!

Originally constructed for use by the American Army Corps of Engineers in the 60s, the luxury home/bunker underwent a complete overhaul in 2012, not only bringing it up to modern safety standards but also adding desirable features like a gourmet kitchen, media room, games room, and four

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  1. Bad Schools- This is a top priority for buyers with school age kids. According to the Frasier Institute the best public elementary school is Capital Hill School. The best public high school is Sir Winston Churchill. If you would like a copy of these reports or help finding the best public schools in Calgary, just email our team and we would be happy to provide them to you.

  2. Sinkholes and flooding- We have recovered from the great flood of 2013, but it is still on people’s mind when purchasing homes in the affected areas. We didn’t see massive decreases in property values, but the stigma still lingers. In the US, areas that are affected by flooding usually see 30% knocked off their asking prices.

  3. City Dumps and Power Plants- Berkley

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