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Alberta Canada What is a Driver's Abstract in Alberta, Canada, and how do I obtain one? I am a British citizen on a year's working holiday in Banff, Alberta, Canada. I am looking at applying for ...
Alberta Canada
Homes for Sale in Calgary, Alberta, Canada- A Chance to Live in a Great City
Calgary is the biggest city in the Alberta Province and has a population of more than 1.06 million. Calgary occupies the Grassland region of the state. Calgary is synonymous with ecotourism and winter sports. The city has a booming petroleum industry and this has made a huge impact on its economy. The city has consistently managed to maintain its rankings in the Mercer Quality of Living Survey for three consecutive years, from 2006-2008. The Economist Intelligence Unit has declared it to be one of the best cities to live and this is apparent from the rising demand of houses in Calgary.
If you are looking at homes for sale in Calgary, then there are plenty of options. You can choose an apartment, a condo or even a single-family home. The real estate market in the city has managed to overcome the economic crisis and this is manifested in the sales of Calgary, Alberta homes. According to a report published by the Canada Real Estate Board, the number of single-family homes sold in 2008 was 1,363. The reports available for the year so far register 1,290 sales. The number of condos sold in 2008 was 581 while this year the sales have already touched 579. The median prices of both single-family homes and condos have decreased over the past year.
If one observes the price trends of the Calgary real estate market, it is evident that the prices of the properties in the Metro area have gone up since February 2008. The prices are expected to soar as indicated by the sale of a house in Calgary worth $10.3 million. The average price of a condominium in the Calgary metro area hovered around $283,330 a slight slump of 1% from what it was in July 2009. Single-family homes in the metro area were available within a price range of $454,130.
The median prices of Calgary new homes are dependant on a number of factors, accessibility and location being some of them. Most potential buyers are interested in buying homes in neighborhoods such as Mount Pleasant, Calgary Hawkwood, Glendale, Rosedale and Parkdale. However, it is very difficult for you to keep track of all the new listings in this area. For that you need to keep in touch with an established realtor in the city who can guide you with your real estate investment. You can discuss your requirements and your budget with them and they will help you in finding out the best Calgary, Alberta home for you.
About the Author
Noreen Pitman is at the helm of affairs at the Royal LePage and is an established real estate agent in the city. No matter whether you are a first time home buyer or looking for a resale property, the Royal LePage listings feature all of these. Pitman’s years of experience in the industry and understanding of the market are some of the reasons behind the realtor’s popularity amongst potential buyers.






































