Promised land

Despite lack of liquidity, land remains a solid investment

At first glance, buying empty space might sound like the road to ruin. But for many investors, land has become a path to a balanced, and profitable, portfolio. While that doesn’t mean it’s for everyone, land is certainly worth a closer look from investors weighing their options.

Land as an investment can take many forms: institutional investment by life insurance companies and pension funds, farmers renting out land for revenue, active farmers purchasing land for future investment or expansion, and developers/investors buying for future residential or commercial development.

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Life on the ridge

Michelle and Hollie Cressy put down Alberta roots with new Sunset Ridge home

Newlyweds Michelle and Hollie Cressy landed in Alberta nine years ago – Hollie from Australia and Michelle from Hamilton, Ont. Both came for work opportunities and a new experience, each thinking that it would only be a short-term stay, but the beauty and majesty of the Rocky Mountains captured their hearts. The couple, who were married in 2015, had previously been renting an apartment in Calgary’s inner-city and considering taking the plunge into homeownership. A trip to Cochrane to visit friends in March 2016 sped up their plans.

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On top of the world

Standout Cochrane community boasts stunning scenery and abundant amenities

Distinctive architecture sets the tone for Melcor Development’s master-planned community of Sunset Ridge in the picturesque town of Cochrane. Inspired by arts-and-crafts and craftsman design elements, homes feature deep and rich natural colour palettes, varied roof pitches and decorative elements like gables, brackets, blocks and false trusses. Old-world charm abounds, with large porches and usable, covered landings.

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City on the rise

Chestermere maintains its charm amidst rapid growth and development

When Toni Lynne Cousineau and her husband, Larry, moved to Calgary in 1996, they weren’t familiar with the city. Even though they initially lived in Applewood Park, on the city’s eastern edge, they did not know about Chestermere. “We didn’t even know it existed,” said.

It was through her employment with a local builder that Cousineau first discovered Chestermere, when she ended up working in a show home there. It was a case of love at first sight.

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