Calgary home choices that won’t break the bank
Not so long ago, half a million dollars in Calgary might get you a starter home, minus the view. Today, buyers in the $300,000 – $500,000 range will like what they see when weighing their options.
Diversity and volume of home options offer something for homebuyers of every stage
There is no such thing as a “typical” home in the $500,000 to $750,000 price range in Calgary’s market today.
“It is more than a starter home, but no mansion,” said Ray Riley, a REALTOR® with RE/MAX First. “It could even be a teardown in a desirable (inner-city) neighbourhood, or a luxury apartment downtown. It just depends on what the buyer is looking for, and where.”
Limited budget need not limit buyer options
A dollar may not go as far as it used to, but $300,000 can still take Calgary homebuyers a long way.
“At that price, you could look at a one- or two-bedroom apartment with underground or outside parking, and an elevator if you want a high-rise,” said Monique Windrem, a REALTOR® and leasing agent with Hope Street Real Estate Corp. “You might get extra storage, and if you opted for a one-bedroom, you may also have a gym, concierge and security if you’re not set on living downtown.”
Ashley McCallum found a home with character in the Beltline
Ashley McCallum loves history and character-filled older homes. So when it came time for this 35-year-old to find her first home, she immediately gravitated towards inner-city areas with more than a century of history. Although her first preference was a single-family home with a yard – her beloved eight-year-old bichon, Molly, loves playing outside – it wasn’t in her budget. After months of searching, she found a lovely one-bedroom apartment in the Beltline on the second floor of a four-storey walk-up. The light-filled space features crown mouldings, century-old hardwood flooring, big windows and all the interesting nooks and crannies that come with an older home.
Couple nearing retirement secured lifestyle close to family and amenities with new-build condo
Dragica and Ron Presiloski are nearing retirement and looking to move closer to family. The couple is still working full-time – Dragica in dentistry and Ron in commercial water treatment. They’ve been living in Regina for several years, where they own a condo, but their son and his wife reside in Calgary, as do most of the couple’s extended family. So, it was a natural progression for the Presiloskis to begin their home search here.