Is Calgary's hot housing market finally cooling off, and are prices starting to come down? Overall, yes we’ve definitely seen a shift this year. But some segments are still red hot. In the past 30 days alone, 98 homes — from apartments to single-family houses — sold in under three days of hitting the market. Most even sold over list price… though not over market value (but that’s a conversation for another day).

That’s the thing, real estate isn’t just one big market. It’s a bunch of smaller ones, all moving differently depending on where the house is, what kind of state it’s in, and how much it’s price for.

So let’s talk about what’s really going on in Calgary:

One City, Many Markets:

When people talk about Calgary, they tend to think in broad strokes—downtown, the NW, SW, SE, or NE. But when it comes to cities like Toronto or Vancouver, the conversation gets more specific: Burnaby, Brampton, Scarborough, Downtown.

The difference? Calgary is technically one city, but it covers over 820 square kilometres. So when a headline says “the Calgary market is cooling,” it’s worth asking—which part?

Is it Evanston or Mahogany? A detached home or a two-bed condo?

Because those are completely different markets.

And just like you wouldn’t compare apples to oranges, you can’t talk real estate without knowing where it is, what it is, and who it’s for.

1. Inner-City Homes & Desirable Suburban Spots? 

If you're house hunting in sought-after communities like Elbow Park, Varsity, Hillhurst, Mount Pleasant, or Killarney—just to name a few—know that you're not alone. These neighbourhoods are in high demand, and when the right home hits the market, it doesn’t stick around for long.

The homes that show well and are priced right are still getting multiple offers, often selling over asking and without conditions. Remember when I mentioned that 98 homes sold in under three days last month? Buyers recognize when something special comes along—and they act fast.

So if you're shopping in these areas, you need to be ready. And ideally, your realtor is just as ready to help you move quickly and confidently when the right place shows up. In this market, timing and decisiveness make all the difference.

2. The Cookie-Cutter Suburbs? 

Now let’s shift to the outer edges of the city, where rows of nearly identical builder-grade homes dominate. Step inside one, and you pretty much know what to expect, maybe some minor differences in finishes or hardware, but the layout and quality are much the same.

These neighbourhoods have plenty of inventory, but buyers aren’t exactly lining up.

Why? Because once the new-home shine fades, it’s obvious your house looks just like every other one on the block. Plus, these areas often lack desirable amenities, limited transit, parks, or shops nearby all which matters a lot to buyers thinking about where they want to call home for the next few years.

That being said, these homes can still be perfect for the right buyer, especially those looking for a new build or a more affordable option. But sellers need to face the reality that it’s tough to stand out here. Price your home too high or fail to showcase it properly, and it could sit on the market for months, only to sell later for less.

In these areas, smart pricing and market knowledge are key, since buyers have plenty of choices. If you’re buying here, this is your chance, be bold with your offer and know your stats, because you’ve got leverage to get a deal.

3. Condos & Townhomes..Hit or Miss

As of April, the condo market in Calgary is sitting at around 2.6 months of inventory, while townhomes are at about 2.8 months. On paper, that suggests a fairly balanced dynamic between buyers and sellers.

But in reality? Selling either can still feel like a bit of a gamble. Out of the 98 properties recently sold, only 19 were condos or townhomes. So, what’s causing the disconnect?

Buyers are getting more selective. Things like layout, location, monthly fees, and the age of the building are making a bigger impact than ever, especially now that many investors are eyeing multi-family homes instead, thanks to lower interest rates and a wider selection on the market.

And let’s be real: the market is flooded with cookie-cutter new builds, especially in outer suburbs like Seton, Sage Hill, and Skyview Ranch, where units can start to blur together after you've seen a few.

So, what is selling quickly? The ones with unique layouts, flexible living spaces, and solid financial management backing the building.

At the end of the day, if you’ve got the right product, it still moves. But buyers are looking beyond surface-level appeal, they want something that stands out and makes sense long-term.

Conclusion: 

Calgary’s real estate market isn’t just hot or cold, it’s a mix of both.

Take neighborhoods like Livingston, Seton, and Skyview Ranch. They’re full of newer homes, but right now, there’s just too much inventory. Sellers want top dollar and hey, I get it. Maybe your neighbor sold fast and made a great return. But buyers aren’t moving with the same urgency we saw over the last few years. With so many options on the market, there’s no rush to pull the trigger.

Condos are even tougher to sell. When you’re one of a dozen nearly identical units in the same building, it’s hard to stand out. And living in a place without nearby shops or easy transportation doesn’t help, especially for renters.

So yeah, prices are soft in these areas, but that doesn’t mean Calgary’s market is crashing. It just means some spots aren’t matching what buyers want right now.

The secret? Strategy beats guesswork every time. It’s about pricing and it’s how does it fit, does the home meet a  buyers’ needs? Is the location right? And is the price fair?

Miss that, and you’ll either leave money on the table or scare buyers off. Some markets are hot, some aren’t and knowing the difference is what wins deals.

So, you want to get into real estate investing, but the idea of dropping 20% on every property feels impossible? Did you know that there’s a strategy that savvy buyers have been using to slowly build a rental portfolio, and guess what! It’s all without being a millionaire.

It’s called the 5% Down Primary Residence Strategy. Let’s break it down.

The Basics: What Is the 5% Down Strategy?

When you buy a primary residence in Canada, you’re allowed to put as little as 5% down instead of the typical 20% required for investment properties. The catch? You have to live in the home for a reasonable amount of time.

That’s where this strategy comes in. You:

1. Buy a home with 5% down.

2. Live in it for at minimum one year.

3. Move out and rent it out.

4. Buy another home as your new primary residence—again with just 5% down.

Rinse and repeat.

Why It Works

Lenders offer low down payment options to people buying a home to live in. It’s considered lower risk than investment property loans. Once you’ve lived there for a year (the typical minimum most lenders require to consider it a true primary residence), you’re free to move—and rent it out.

Done consistently, this strategy lets you build a real estate portfolio with a fraction of the upfront capital you'd need if you were buying each one as a rental from the start.

The Fine Print: What You Can’t Do:

There are a few things to keep in mind so you don’t get into sketchy territory:

• Don’t lie on your mortgage application. Saying you’re going to live in the property when you have no intention to is mortgage fraud.

• Actually live there. Most lenders want you to stay for at least a year. Some might even check.

• Have a good mortgage broker. Once you’ve got a couple properties under your belt, qualifying gets more complex. You’ll want someone who understands how rental income is used in your approval.

Keep in mind the down payment rules in Canada and how this will determine what type of property you can utilize this strategy with.

• 5% of the first $500,000 of the purchase price

• 10% for the portion of the purchase price above $500,000 to $1.5M

• $1.5M or more - 20% of the purchase price

Pro Tips for Success:

Buy smart. Look for homes in areas where rental demand is strong so that when you move out, it’s easy to find tenants.

Keep your properties in good condition. You’ll build more equity and attract better tenants.

Plan your financing. Eventually, lenders will want to see that your rental properties are cash-flowing. Don’t just break even, aim for positive cash flow.

Conclusion:

This isn’t a get-rich-quick trick, but it is a smart, steady path to owning multiple properties without needing hundreds of thousands in cash up front.

If you’re patient, organized, and ready to commit to moving every couple years, this method can be a game-changer for long-term wealth building.

Want to run some numbers and see if this could work for you? Reach out—happy to help break it down based on your market.

After the 2025 election, Premier Danielle Smith didn’t sugarcoat it — a lot of Albertans are frustrated, and I totally get it. From what feels like years of the federal Liberal government targeting Alberta’s economy to the results of the election, tensions are high. Every time things heat up over pipelines, equalization payments, or Ottawa’s decisions, talk of Alberta separating from Canada pops up again. With all the issues around Western alienation, energy, and federal policies, that conversation doesn’t go away.

But here’s the thing — as tempting as it is to talk about Alberta going its own way, actually pulling it off would be a whole other ballgame.

Let’s take a look at why, realistically, Alberta separating from Canada is nearly impossible.

The Constitution Makes It Really Hard:

If Alberta wanted to separate, it wouldn’t be a walk in the park. The Constitution doesn’t exactly make it easy for provinces to just break away. Alberta would need to go through a lengthy process of negotiations with Ottawa and the other provinces. To change the Constitution to allow Alberta to leave, both Parliament and a majority of provinces would have to give their thumbs up — or, in some cases, everyone would need to agree. There are also things like Indigenous treaty rights and the legal rights of Alberta residents to think about. In other words, Alberta can’t just pack up and leave — it would need a massive and complex legal process.

Indigenous Treaties Complicate Things:

If Alberta were to separate, things would get even trickier with Indigenous treaties. There are a lot of Indigenous communities in Alberta, and they have legal agreements with Canada — treaties that cover land rights, resources, healthcare, and self-governance. So, figuring out what happens to those agreements if Alberta splits would be a massive headache.

Here’s why:

• Legal Issues: Treaties are part of Canada’s Constitution, so if Alberta leaves, there would be all kinds of legal challenges. Indigenous groups would probably want to keep their agreements with the federal government, not a new Alberta government. That means a lot of talks would be needed to figure out if the treaties stay as is or need to be changed.

• Land and Resources: Treaties give Indigenous nations rights to land and resources. If Alberta goes independent, there’d be questions about whether those rights still apply. Would they fall under Alberta’s new rules, or stay as they are with Canada?

• Indigenous Sovereignty: Many Indigenous groups want more control over their own governance. If Alberta splits, they might push for their own independence. That would create a lot of tough negotiations about whether they stay under Alberta’s control or forge a new relationship.

• Services and Rights: Treaties also guarantee things like healthcare and education, which could be disrupted if Alberta leaves. Indigenous communities would need guarantees that these services still exist, which means more talks on how separation would affect those agreements.

• Nation-to-Nation Relationships: Indigenous groups view their relationship with the Crown as a “nation-to-nation” deal. If Alberta goes independent, would Indigenous communities still deal with Ottawa directly, or have to start fresh with the new Alberta government?

In short, if Alberta were to separate, figuring out what happens with Indigenous treaties would be a massive challenge. There’d be legal, political, and economic negotiations to make sure Indigenous rights are protected.

Economic Ties Run Deep:

Alberta’s economy is deeply tied to the rest of Canada. Oil, gas, agriculture, and services — Alberta relies on Canadian investment, markets, and transportation to keep things running.

If Alberta left, it would have to renegotiate trade deals not just with Canada, but with the U.S. and beyond. It’d have to figure out things like currency (its own? keep the Canadian dollar? switch to the U.S. dollar?). And then there’s the headache of setting up borders, customs, and regulatory systems from scratch.

The short-term hit would be brutal — job losses, businesses pulling out, and investors hesitant to commit. Even folks who are fed up with Ottawa aren’t exactly looking forward to that kind of chaos.

Internal Division Within Alberta:

The province is split on the idea of separation. Some are frustrated with federal control over oil and gas, and cultural and economic differences with other provinces make things worse. But there are plenty of people who still like the benefits of being part of Canada, like trade and security. Even if tough times in the oil sector fuel separatist talk, Alberta still relies heavily on the broader Canadian economy. Plus, there are huge legal roadblocks, like the Clarity Act, that make actual separation unlikely. So, it's a complex issue — rural areas and the oil industry lean toward separation, but urban areas and younger people tend to oppose it. There’s a mix of both economic and emotional reasons behind the divide.

Loss of National Programs and Services:

A lot of what Canadians rely on comes from national programs like the Canada Pension Plan, Employment Insurance, healthcare transfers, federal policing, and immigration systems. If Alberta left, it would have to build all of this from scratch. Not only would that be expensive, but it would also be a logistical nightmare.

International Recognition Isn’t Automatic:

Even if Alberta suddenly declared independence, it wouldn’t automatically become a country. International recognition is a huge deal, and it needs support from Canada, the U.S., and other key global players.

Considering how closely tied Canada and the U.S. are, the international community would likely push Alberta to negotiate with Ottawa rather than just giving it a green light as an independent country. Without that recognition, Alberta would be stuck in limbo — unable to sign treaties, trade properly, or really function as an independent nation.

Conclusion:

After the 2025 election, the idea of Alberta separating from Canada gained some traction, fueled by frustration over pipelines, equalization payments, and Ottawa’s handling of Western issues. While it’s easy to see why people would be upset, the reality of separation is way more complicated. Legal issues, Indigenous treaties, economic ties, and the loss of national programs make it a tough and impractical option. And without international recognition, Alberta breaking away just isn’t happening anytime soon.

As the remaining population of Canadians heads to the polls today, the outcome of the federal election will significantly impact the real estate market and the broader economy. Both the Liberal and Conservative parties have distinct policies around housing, taxation, and economic growth. Understanding how either party’s victory could affect homeowners, buyers, and investors — especially in Alberta — is crucial.

Here’s a breakdown of what each party’s platform could mean for the future of real estate:

Housing Supply and Affordability

Liberal Party: The Liberals propose a more active government role in tackling housing affordability. Their plans include:

• Creating a federal agency, Build Canada Homes, to develop affordable housing on public land.

• Eliminating GST on new homes under $1 million for first-time buyers, lowering upfront costs.

• Massive public investment in non-profit, affordable, and rental housing — not just private developments.

• Zoning reform: Supporting upzoning to allow multi-unit buildings in more neighborhoods.

• Partnering with cities and non-profits to push collaborative housing initiatives.

• Introducing climate-friendly standards for new builds, like net-zero homes and retrofits.

• Strengthening renter protections through potential federal frameworks or rent control funding.

Conservative Party: The Conservatives favor a market-driven strategy, aiming to accelerate private sector construction through:

• Raising the GST rebate threshold to $1.3 million for new home purchases.

• Forcing cities to increase housing starts by 15% yearly, with infrastructure funds tied to results.

• Selling federal land and buildings to private developers to unlock more supply.

• Slashing red tape: faster permits and fewer regulations.

• Extending bans on foreign homeownership to keep speculation low.

• Believing that boosting supply rapidly will naturally help curb rising prices.

If the Liberals win, the impact in Calgary might not be immediate, given the longer timelines typical of government-led initiatives. However, over time, we could see more affordable housing, stronger renter protections, and climate-focused developments — particularly with Calgary’s available land base. First-time buyers could also benefit from the GST exemption, although developers and investors might face more government oversight.

If the Conservatives win, the effects could come faster. Their push for deregulation, land sales, and higher GST rebates would likely accelerate private construction, especially in suburban areas. Developers and investors could benefit immediately, but without a corresponding flood of new supply, first-time buyers might still find prices out of reach.

Taxation and Investor Confidence:

Liberal Party: The Liberals plan to:

• Keep the current capital gains tax structure (no increases).

• Reduce the lowest income tax bracket by 1%, giving Canadians slightly more disposable income.

Conservative Party: The Conservatives propose:

• A deeper cut in the lowest income tax bracket, from 15% to 12.75% — saving the average Canadian around $900 annually.

• Allowing Canadians to defer capital gains taxes if they reinvest proceeds into Canadian companies — a major incentive for domestic investment.

In short: The Conservatives are offering more immediate financial relief through tax cuts and reinvestment incentives, while the Liberals are taking a steadier, more cautious approach focused on modest income tax relief.

Conclusion:

Both parties are offering very different strategies for addressing real estate challenges, especially in Alberta.

The Liberals are banking on long-term affordability through large-scale public investment, first-time buyer incentives, renter protections, and climate-conscious construction. If they win, it’ll take time, but we could see a shift toward greater federal involvement in housing — and, ideally, more stability in the broader economy.

The Conservatives are going for a quick, market-driven fix — faster project approvals, bigger tax breaks, and deregulation. This could rapidly boost housing supply, especially in the suburbs, and possibly give Alberta's economy a short-term lift. But ironically, if Alberta’s economy surges, so could housing demand, keeping prices stubbornly high.

Ultimately, the choice comes down to what aligns most with your priorities—whether you're looking for long-term affordability, immediate financial relief, or incentives for investment. Go out and vote.

If you’ve been following Calgary’s housing market, you’ve likely noticed things starting to shift. The market as a whole is beginning to level out, with more signs of balance—neither buyers nor sellers are fully in control. That said, the picture changes depending on the type of home. The most desirable properties are still moving fast and giving sellers an advantage, while other segments, like condos and townhomes, are leaning more toward buyers.

This kind of market is a shift from what we’ve seen in the past couple of years and it’s a sign that things might be stabilizing. For both buyers and sellers, it means a bit more strategy is involved, and the playing field is starting to even out.

Let’s take a look at what this means on both sides, and what we can expect heading into the rest of 2025.

What Is a Balanced Market, Anyway?

A balanced real estate market is when the number of homes for sale and the number of buyers are pretty much in sync. This means homes sell at a steady pace, prices stay stable, and there’s room for some back-and-forth without either side having a big advantage. In Calgary right now, we’re seeing about 2.4 months of inventory and a sales-to-new-listings ratio around 50%—signs that the market’s cooling off from the craziness of the past couple years. It’s a more balanced, predictable market where neither buyers nor sellers hold all the cards.

What’s Causing the Shift?

Calgary's real estate market is shifting toward a more balanced state due to several key factors:​

1. Increased Housing Supply: Inventory levels have risen significantly, with over 4,000 active listings in February 2025, a 76% increase year-over-year. This surge provides buyers with more options and reduces the intensity of bidding wars.

2. Moderating Sales Activity: Sales have decreased by 19% compared to the previous year, indicating a slowdown in market activity. This trend suggests a move away from the previous seller's market dynamics. 

3. Lower Interest Rates: The Bank of Canada has reduced its policy interest rate to 3% as of January 2025, following several consecutive cuts. These lower rates are expected to ease lending conditions, making homeownership more accessible and stimulating buyer demand. 

4. Slowing Migration Trends: While Calgary continues to experience population growth, the rate of increase has slowed. This moderation in migration is expected to ease housing demand pressures, contributing to a more balanced market.

What This Means If You’re a Buyer:

Good news! The market has finally shifted in your favour:

You’ve got options: More listings mean you don’t have to rush or settle for something that’s just okay. With more variety to choose from, you can take your time, compare properties, and find the right home at the right price—often with room to negotiate on terms, price, and conditions.

You can negotiate: We’re not seeing as many bidding wars, so you might have some room to work on price, possession dates, or conditions that are more favourable to both parties.

Affordability is (slightly) better: Lower rates and more competition among sellers could help you get a better deal — especially in condos and townhomes where there tends to be more inventory—giving you a better shot at finding something within your budget without having to stretch too far.

What About Sellers?

It’s not all doom and gloom, but it does mean you’ve got to be smart:

Pricing matters more than ever: Buyers have more choices, so pricing your home right is key to a quick sale. An overpriced home can sit on the market and turn off buyers, while a well-priced one grabs attention, creates urgency, and can spark multiple offers. The right price brings serious buyers through the door fast.

Presentation is key: First impressions matter. With more options available, buyers are picky—so a clean, well-staged home stands out, makes a great first impression, and can lead to faster, better offers. Simple touch ups go a long way.

Know your competition: Knowing what else is for sale in your community helps you price your home competitively, understand what buyers are comparing it to, and spot trends in what features are attracting offers. It also gives you a feel for current market conditions and helps you position your home to stand out with the right marketing and potential upgrades.

What’s Coming for the Rest of 2025?

Most experts are expecting the market to stay fairly steady for the rest of the year. Sales are projected to stay strong — even a little above the long-term average — but we’re not looking at huge price jumps. CREB is forecasting around 3% price growth overall, which is much more sustainable than what we saw during the peak frenzy.

As for interest rates? They could come down a bit more, which might give the market another little boost — but no one’s expecting a dramatic shift either way.

Conclusion:

Overall, Calgary's real estate market in 2025 is expected to remain strong, with steady price growth and a shift toward balanced conditions. While the market shows resilience, potential economic risks should be considered when making investment decisions.​

Whether you’re buying, selling, or just watching from the sidelines, this shift to a balanced market is actually a good thing. It means less chaos, more predictability, and better opportunities for everyone — as long as you’re strategic and well-informed.

Need help navigating it all? Don’t go it alone. Work with someone who knows the Calgary market inside and out — because timing, pricing, and strategy matter more now than they have in years.

Let’s face it - downsizing isn’t always an easy decision. It’s a big step, often tied to emotions, memories, and a bit of uncertainty. But over time, the home that once buzzed with activity can start to feel too large and too much to manage.

For many baby boomers, that moment has arrived. The kids have moved out, the extra space goes unused, and the upkeep is getting old. Downsizing isn’t just about less cleaning - it’s about transitioning into a simpler, more manageable lifestyle that fits this new chapter.

With home values still strong, many boomers are sitting on substantial equity - often in fully paid-off homes. Selling now can unlock that wealth, offering more freedom to travel, support loved ones, or simply enjoy retirement with fewer financial pressures.

If you're feeling the weight of an empty nest, thinking about retirement, or wanting a home that’s easier to age in, downsizing might be the right move.

That said, many seniors are choosing to stay put well into their 80s. Why? A lack of suitable options, the cost of moving, and deep emotional ties to their homes all play a part.

In this blog, we’ll look at why downsizing could be a smart choice - if it aligns with your lifestyle goals - what to think about before making the move, and how to make the transition as smooth and rewarding as possible.

Is it Time?

Downsizing is a big decision, whether it’s to save money, reduce upkeep, or simplify life, and it’s important to understand why you’re doing it. The new space should meet both your current and future needs without sacrificing comfort. Financially, downsizing can lower mortgage and maintenance costs, but moving expenses and potential renovations should be considered. It can also be an emotional process, as many older adults have a deep connection to their family homes, which are filled with memories of raising a family and milestones. Letting go of things and adjusting to a new environment can be tough, so take your time.

For some, the idea of downsizing may sound appealing, but it’s often a challenge to find a place that feels right or is affordable, especially with today’s high housing prices. Staying in a familiar home and neighborhood offers comfort and a sense of stability, while health issues and the physical challenges of moving make it easier to stay put. Ultimately, the decision often comes down to the desire to maintain independence and avoid the stress of a major change.

What Are the Benefits? 

While we understand it’s hard to give up your older family home, downsizing comes with great benefits! Here are just a few of the many perks you can look forward to: 

• A more affordable mortgage 

• Reduced utility bills 

• The ability to move closer to friends and family

• The opportunity to travel 

• Little to no maintenance 

• More money to do what you love 

What Will I Do With All My Stuff?

Admittedly, one of the most difficult parts in the downsizing is having to decide what stays and what goes. Here are a few suggestions to make the process easier: 

• Figure out what you truly need: Start by listing the items you definitely want to keep and those you’re okay parting with.

• Tackle the big stuff first: Focus on the larger furniture and appliances to determine what you’ll actually need in your new place.

• Go room by room: Start with one room and only move to the next once it’s done. This will help avoid feeling overwhelmed.

• Sort into three piles: As you go, create piles for “keep,” “sell,” and “donate” to stay organized.

• Consider storage: If you’re not ready to part with something, remember storage is always an option

Types of Property & What to Consider as a Downsizer in Calgary

Calgary offers a variety of property types for every lifestyle and budget—from cozy condos to spacious single-family homes, even luxury penthouses.

Condos, including apartments and townhouses, are a popular choice for downsizers. While they come with monthly fees, those often cover costs like landscaping, snow removal, and exterior maintenance.

Each option has its pros and cons, so the right choice depends on your lifestyle and priorities.

Condos & Apartments: Apartments often come with appealing perks like elevators, fitness centers, heated underground parking, and sometimes even a pool. These amenities can make everyday living more comfortable, especially for those who want less upkeep and more convenience. They're also a great option if travel is on your agenda- condos are generally easier to lock up and leave.

Pet lovers, take note: not all condo boards allow pets, so it's important to check the rules if you have a furry friend.

Townhouses: Townhouses offer a nice middle ground. You still get a bit more space and privacy compared to an apartment, but with less maintenance than a detached home. The trade-off? Stairs. Some folks see stairs as a positive - great for keeping active - while others may view them as a downside. If mobility becomes an issue down the line, a chair lift is often a feasible solution.

Single-Family Homes: A single-family home - like a bungalow or one with a main-floor bedroom and bathroom can be a great option for downsizers who value independence and outdoor space. While it does come with more responsibilities and costs than condo living, it also offers greater freedom in how you manage and enjoy your home.

Conclusion: 

If downsizing has been on your mind lately and it seems to keep popping up in conversations, that’s usually not a coincidence. It might be your way of saying you’re ready for a change, even if it’s just been a quiet thought in the background.

The truth is, the one thing we can say for certain is that right now, your property is worth more than ever before. We can’t predict what tomorrow holds, but today, the market is at an all-time high. Downsizing can mean less upkeep, lower bills, and a home that’s just right for this stage of life - whether that’s traveling more, being closer to family, or simply enjoying a space that’s easier to live in.

Downsizing isn’t about letting go of the past, it’s about making space for what’s ahead. If it’s been on your mind lately, it might be worth taking that step. And if you’re looking for some help, I’ve been through it myself- helping my own parents downsize both as a realtor and as their son. So I truly understand the process and the importance of having the right support along the way.

Planning to sell your home this year? It’s important to know which upgrades really add value. In Calgary’s competitive market, the majority of buyers are looking for homes that are modern, functional, and move-in ready, but not all renovations will give you the best return. Whether you’re selling a luxury estate, a family home, or your first townhome, the right improvements can attract more buyers and help you get top dollar.

Here are five upgrades that might cost a bit more, but they’re guaranteed to make a big impact and deliver a solid return.

1. Kitchen Renovations: The kitchen is a big deal when it comes to selling a home – it’s often referred as the heart of the home and one of the first things buyers focus in on. In Calgary’s real estate market, especially in hot neighborhoods, a modern kitchen is one of the best upgrades a seller can make. Buyers are looking for sleek finishes, energy-efficient appliances, and smart layouts that make the space both stylish and practical.

Smart Improvements:

• Swap out old countertops for quartz or granite to boost durability and style.
• Refresh cabinets with a new coat of paint or modern hardware—or replace them if they’re outdated.
• Upgrade to energy-efficient stainless steel appliances for a sleek, modern touch.
• Improve lighting with updated fixtures and add under-cabinet LED strips for a warm, functional glow.

The Appraisal Institute of Canada says a kitchen reno can give you up to a 75% return on investment. For luxury buyers, a high-end kitchen can be a real game-changer.

2. Bathroom Refresh: Right after the kitchen, bathrooms are a big deal for buyers. If a bathroom looks outdated or worn down, it can be an instant red flag, making the whole house feel a little neglected. But a clean, modern, and well-designed bathroom? That can make a home feel polished, move-in ready, and way more appealing.

High-Impact Updates:

• Swap out old vanities and fixtures for sleek, modern finishes like matte black or brushed gold.
• Upgrade to a frameless glass shower or a deep soaking tub for a spa-like feel.
• Refresh the space with new tile flooring or add a heated floor system for extra comfort.
• Enhance lighting and install large mirrors to make the room feel brighter and more open.

3. Boost Curb Appeal: Your home’s exterior is like its handshake – it’s the first thing buyers notice, and it sets the vibe for the rest of the showing. If the curb appeal is on point, buyers walk in with a positive mindset. But if the exterior looks worn out or uninviting, it can be tough to shake that first impression.

Curb Appeal Upgrades:

• Refresh your home’s exterior with updated siding or a fresh coat of paint on the front door and trim.
• Upgrade your curb appeal with sleek house numbers, stylish lighting, and decorative planters.
• Revive your lawn with new sod or reseeding, and opt for low-maintenance landscaping.
• Give walkways and the driveway a deep clean with a power wash for a polished, welcoming look.

Buyers usually make up their mind about a home in the first few minutes. These simple, affordable upgrades can grab their attention and help your home sell faster.

4. Energy-Efficient Upgrades: Energy efficiency is a smart investment, and Calgary buyers are increasingly looking for homes that lower utility costs. Upgrades like better insulation, high-efficiency windows, and smart thermostats are becoming must-haves. These features boost comfort and add long-term value, with buyers paying attention to savings from things like tankless water heaters and LED lighting.

High-ROI Energy Updates:

• Replace with triple-pane windows or add extra insulation for better energy efficiency.
• Upgrade to a high-efficiency furnace or water heater to reduce energy use.
• Install a smart thermostat to optimize temperature control.
• Switch to LED lighting throughout the home for energy savings.

These upgrades not only attract eco-conscious buyers, but they also show that your home is smart and budget-friendly.

5. Modern Touches: Small upgrades to your home’s interior finishes can give it a fresh, modern vibe without costing a fortune. Simple things like updating cabinet hardware, swapping out old light fixtures for something sleek, or refreshing paint colours can really make a difference. Calgary buyers are definitely drawn to homes that feel well cared for and updated, so even small changes can go a long way in making your place stand out. It’s all about creating a space that feels current and inviting – without having to do a major overhaul.

Simple yet Effective Updates:

• Swap out old flooring for vinyl plank or engineered hardwood
• Paint the walls in neutral shades such as warm greys, soft whites, or taupe
• Upgrade the lighting with stylish pendant or recessed fixtures
• Install modern door handles, baseboards, and trim for a clean, polished look

These affordable updates make it easier for buyers to picture themselves in the home, which can help smooth things over during negotiations.

Conclusion:

Sell with Confidence in Calgary’s Market – Upgrading your home doesn’t always require a full renovation. You don’t need to tackle everything, but by focusing on key areas like the kitchen, bathroom, and curb appeal, you can raise your home’s resale value without breaking the bank. Incorporating energy-efficient features and smart finishes will enhance value while making your space modern, functional, and appealing to today’s buyers.

What’s the Driving Force Behind Real Estate?

The real estate market isn’t just about supply and demand—it’s influenced by a mix of economic trends, social shifts, and even psychology. Interest rates, job growth, and government policies all have a say, but so do buyer confidence and global events.

Here are the key factors that shape the market:

• Inventory Levels: In real estate, supply, demand, and inventory levels can really impact how the market plays out.
  
   
  • Low inventory: Fewer homes on the market mean increased competition among buyers, often leading to quick sales and bidding wars. This favors sellers, while buyers need to act fast and make strong offers.
  • High inventory: More available properties give buyers greater choice and negotiating power, which can lead to more balanced or even lower home prices
• Interest Rates: Mortgage rates play a crucial role in affordability and buyer demand.
  • Low interest rates: Lower borrowing costs attract more buyers, boosting demand and potentially driving up home prices.
  • High interest rates: Higher rates make mortgage payments more expensive, which can slow buyer activity and ease upward pressure on prices.
• Local Demand: Real estate trends vary by neighborhood, with some areas seeing stronger demand due to:
  • A growing job market and a strong local economy
  • Attractive amenities like schools, parks, and shopping
  • Ongoing development and infrastructure improvements
• Economic Conditions: A strong economy with job growth and rising incomes fuels demand. A weak economy slows things down.
  • Employment rates: More jobs mean more buyers; layoffs create hesitation.
  • Wage growth: If incomes rise, people can afford higher mortgage payments.
  • Inflation: Higher costs for goods and services can make everything, including homes, more expensive.
  • GDP growth: A booming economy generally leads to a stronger housing market.
• Construction Costs & Supply Chain Issues: If materials or labor get expensive, builders charge more, which impacts housing prices.
  • Material prices: Costs for lumber, steel, drywall, and other essentials fluctuate based on demand, trade policies, and global supply chains.
  • Labor shortages: If there aren’t enough skilled workers, wages go up, making construction more expensive.
  • Regulations & permits: Government rules, zoning laws, and environmental regulations can add time and costs to projects.
  • Supply chain disruptions: Shipping delays, natural disasters, or geopolitical conflicts can slow down the delivery of critical materials.
• Global Events & External Shocks: Pandemics, financial crises, or geopolitical tensions can slow or boost markets unexpectedly.
• Population Growth & Migration: More people moving into an area (due to job opportunities, lifestyle, or affordability) increases housing demand.
  • Job Opportunities: Cities with strong job markets attract workers. When job markets expand, so does demand for housing.
  • Affordability: As home prices rise in major cities like Toronto or Vancouver, many buyers and renters look for more affordable alternatives. This has fueled migration to places like Calgary, where housing is relatively cheaper.
  • Lifestyle & Quality of Life: People move for better weather, lower crime, good schools, or access to nature. The rise of remote work has also allowed people to relocate to places with a lower cost of living or a better quality of life.
  • Immigration: Many countries, including Canada, have strong immigration policies that bring in new residents each year.
  • Infrastructure & Development: Cities investing in new transit systems, highways, and public amenities often attract more residents. Good infrastructure makes living in a certain area more desirable, increasing property values.

Conclusion:

If you’re curious about Calgary’s real estate market and want to figure out the best move for your goals, let’s chat!

Hey, I totally get it—things feel pretty uncertain right now. Interest rates keep shifting, the economy’s unpredictable, and the real estate market is always changing. It’s natural to feel a little unsure about making a move. But here’s the thing—uncertainty also creates opportunity.

Remember markets go through cycles, and right now, there are some solid chances to get ahead. Whether it’s motivated sellers, less competition, or better financing options, the right strategy can put you in a great spot.

Taking Advantage of Low Interest Rates:

Low interest rates are a big deal because they can make owning a home way more affordable. You’ll pay less each month on your mortgage, which adds up to thousands of dollars saved over time. Plus, lower rates give you more buying power, so you might qualify for a bigger loan without breaking the bank. This means you could snag a better home, a nicer neighborhood, or extra features that might be out of reach when rates go up.

Ultimately, buying a home at a low interest rate not only keeps monthly costs manageable but also helps build equity sooner. As home values continue to rise, waiting could mean paying more in the future. If homeownership is on your radar, now is the time to act before market conditions shift.

Calgary Real Estate Board (CREB) Stats Feb 2025:

CREB releases monthly statistic reports and it was reported for the second month in a row, inventory saw a big year-over-year jump, climbing 76% to 4,145 units. While listings were up across all price ranges, the biggest gains were in homes under $500K, thanks to a surge in more affordable apartments and townhouses. Months of supply sat at 2.4—about the same as last month but more than double what it was a year ago (apartment-style units had the most inventory, with 3.1 months of supply).

“Even though more homes hit the market, sales were lower than in February 2024,” said Alan Tennant, President and CEO of CREB®. “That’s taking some of the pressure off sellers, easing the competitive market we’ve had for the past few years. It’s also slowing price growth a bit, which is good news for buyers.”

The unadjusted benchmark price for all residential properties was $587,600 in February—holding steady compared to late 2024 and up about 1% year-over-year. Prices varied across the city, with the City Centre and North districts seeing slight declines, while the East district led the way with over 3% growth.

Conclusion:

If you’re in a good spot financially and mentally ready, now’s the time to make moves. The most desired homes in the most desirable areas are still selling fast, but don’t let that stress you out—there are plenty of great options out there. You might not find “the one” right away, but the perfect home is more of a myth anyway. With the right mindset and a little patience, you’ll find a place that fits your needs and sets you up for long-term success.

So if you’re thinking about making a move, now’s a great time to start looking before the market gets even busier. Let’s find the right home for you!

Considering converting your basement suite? Have you checked out Calgary’s Secondary Suite Incentive Program? This program helps homeowners create safe, legal secondary suites, and if you’re thinking of building or legalizing a suite, you could get up to $10K to help cover the costs.

In this blog, we’ll cover everything from what makes a suite illegal to what’s needed to apply for the program, plus the benefits of having a legal suite:

What is an Illegal Suite?

An illegal suite is a secondary suite (like a basement apartment) that doesn’t meet the city’s safety, zoning, or building code rules. This could mean it was built without permits, has fire hazards (like missing smoke alarms or unsafe wiring), lacks a proper entrance, or is in a neighbourhood that doesn’t allow suites.

Even if it looks fine, if the city hasn’t approved it, it’s still illegal—which can lead to fines, insurance problems, or even eviction orders for tenants.

What’s the Deal?

If you’re a homeowner looking to build or legalize a secondary suite, the City of Calgary is offering up to $10K to help cover the costs. But there are a few conditions:

1. The suite must be inside your home: This means basement suites, in-law suites, or similar setups within the main house qualify. Backyard suites or detached units don’t count.
2. You must live in the home: This program is for homeowners who reside on the property while upgrading or legalizing the suite. It’s not for investment properties or landlords who don’t live there.
3. One application per homeowner: You can only apply for one suite per property and per person, so choose wisely!

How do you Qualify?

Before you can apply, you’ll need to meet a few key requirements:

1. Building permit: Whether you’re starting from scratch or bringing an existing suite up to code, you’ll need city approval before applying. No permit, no funding!
2. Follow safety rules – Your suite has to meet building codes to keep tenants safe. That means:
   • Proper exits (like egress windows in case of emergencies).
   • Hardwired smoke & carbon monoxide detectors.
   • Fire barriers to slow down flames in case of a fire.
3. Live in the home – This program is only for homeowners who live on the property. If it’s a rental property where you don’t reside, you’re out of luck.

Benefits of a Legal Suite:

Legalizing your basement suite is a smart move with plenty of benefits. It helps you avoid fines, legal issues, and eviction orders, and removes the stress of inspections or complaints. A legal suite also ensures safety, meeting fire codes and insurance requirements, so you’re fully protected.

On top of that, legalizing your suite can increase your property value, make it easier to sell, and attract reliable, long-term tenants who prefer a safe, approved space.

The Secondary Suite Program is worth looking into since it offers up to $10K to help cover the costs of legalizing your suite. It keeps you protected from legal and insurance issues while boosting your property value and bringing in dependable tenants. It’s truly a win all around!

10 Reasons Why Calgary:

Whether you’re considering a new job, a fresh start, or simply looking for a change of scenery, Calgary has plenty to offer. From its thriving economy to its stunning natural beauty, there’s a lot to love about this city. If you’re curious about what makes it so great, here are 10 reasons why:

1. Home of the Greatest Outdoor Show on Earth: The Calgary Stampede is one of the world’s largest rodeos and attracts over a million visitors each year. It’s been running since 1912 and turns the city into a massive festival of cowboy culture every July.
2. Sunniest Major City in Canada: Calgary gets over 330 days of sunshine per year—more than any other major Canadian city.
3. Quality of Life: With clean air, low crime rates, and great healthcare, Calgary is often ranked among the most livable cities in the world. The city also boasts excellent schools, making it great for families.
4. No Provincial Sales Tax (PST): Calgary is significantly cheaper than Vancouver and Toronto, especially in terms of housing costs. No PST also means lower expenses for everyday purchases.
5. Thriving Tech Industry & Energy Sectors: Calgary, known for its strong oil and gas industry, love for rodeos, and cowboy culture—earning it the nickname “the Texas of Canada”—is also emerging as a tech hub, attracting startups and established companies in AI, clean energy, and fintech, with programs like Alberta Tech Deal Flow supporting business growth.
6. Outdoor Lifestyle & Proximity to the Rockies: People love Calgary for its access to Banff, Canmore, and the Rocky Mountains—perfect for hiking, skiing, and nature lovers. The city also has over 1,000 km of pathways for biking and walking.
7. Young and Diverse Population: With an average age of 36, Calgary is one of Canada’s youngest cities. It’s also the third most diverse major city in the country, with more than 120 languages spoken.
8. Chinook Winds: The city experiences Chinook winds, which can cause rapid temperature increases, sometimes by up to 20°C in a matter of hours.
9. +15 Skyway Network: Calgary boasts the world’s largest pedestrian skyway system, known as the “+15” network, featuring over 60 bridges that connect buildings throughout the downtown area.
10. Sports & Culture: Hosted the 1988 Winter Olympic and Home to the Calgary Flames (NHL) and Calgary Stampeders (CFL).