The good life by the lakeside

Snapshots of Calgary’s lake communities

Life at the water’s edge may not be the defining Calgary experience. But for thousands of Calgary homeowners, life by the lakeside was a key reason they chose to buy in one of the city’s many man-made lake communities. Here’s a look at each of the Calgary neighbourhoods with a blue jewel of H2O at its heart, making them among the most desirable communities in
the city. (more…)

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Driving development

Southwest ring road is poised to usher in new era of growth in Calgary’s south end

It’s been a long time coming, but the southwest section of Calgary’s ring road is finally being built, and the city’s developer community is among those most thrilled to see construction going ahead.

“It’s really going to open up growth in the area, and provide not just opportunities for new communities, but also existing ones,” said Steve LePan, director of sales and marketing with Anthem United.

“We’re certainly happy to see it moving forward, because it would have had a negative impact (on our development in the area) if it had not been approved.”

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Next stop… sustainable, walkable communities

Planned Green Line could make Calgary neighbourhoods more liveable, desirable

The upcoming Green Line will help make Calgary a more environmentally friendly place to live.

But it’s also likely to make the grass look a little greener when it comes to property values in communities the multi-billion-dollar Light Rail Transit (LRT) line will serve.

“When you’re looking for creative, educated and talented people, LRT access helps attract them when you have a city because it helps create diverse communities and streetscapes, and culturally distinct and diverse amenities with high quality design,” said Misty Sklar, Green Line planning lead (transit oriented development) for the City of Calgary.

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From dank to swank

Wet bars and wine cellars are becoming key features in Calgary homes, putting a new twist on those gaudy, circa ’70s basement lounges

Basements are going upscale.

If you’re looking to make your home stand out in Calgary’s real estate market, it’s no longer simply a matter of having a finished basement with some storage, an extra bedroom, full bathroom and a media room.

These days, Calgary’s better homes are stealing a page from the 1970s – complete with wet bar and wine cellar to create an air of hospitality.

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The Balancing Act

Calgary’s housing market showing signs of stability, but the road to a full recovery will take time.

If Calgary’s housing market was a hospital patient, it would have been in intensive care for the last year. Today, though, the patient is showing signs of serious recovery.

First quarter data for 2017 from the CREB®, released earlier this month, reveals the market could be entering a period of stability in which supply and demand are essentially balancing out in the detached sector of the market.

“When we talk about recovery, we have to differentiate the marketplace conditions because there are two segments facing different prospects,” said Ann-Marie Lurie, chief economist with CREB®.

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