NEXTBIGMOVECALGARY BLOG

 

Dec. 8, 2018

CIR REALTY Real Estate Review for November 2018

The challenges in the Energy sector continue to be a hurdle for the Province, and rising interest rates affect affordability for new buyers entering the market place. But lets take a look at long term numbers to compare to years past:

-Business incorporation's were up 21.5% year over year as of October
-Net Migration to the Province is up 101% year over year (10,378) as of the end of the 2nd Quarter. This is the third largest growth in the Provinces.
- Manufacturing Sales is up 15.1% year over year as of September
- Wholesale trade is up 5.2% year over year as of September
- Employment was up 1.8% and unemployment was down .3% at the end of October
- At the end of August there were 40,100 jobs available in Alberta
- The average weekly earnings for an Albertan is over 14% higher than the average Canadian
- Cattle prices are up 6.9% and grain deliveries are up 13.8%
- Bank of Canada's interest rate is at 1.75% when it was only ten years ago that it was over 4%
We look forward to all that the future holds and will face it head on! 
For a link to the full report click HERE
Posted in December 2018
Dec. 8, 2018

December Happy Home Contest

December Happy Home Contest

Enter contest HERE! 

Posted in December 2018
Dec. 7, 2018

CIR - Calgary Herald Reader’s Choice Awards

CIR - Calgary Herald Reader’s Choice Awards

Posted in December 2018
Dec. 3, 2018

December 2018 Preferred Client Update

December 2018 Preferred Client Update

Posted in December 2018
Nov. 28, 2018

The benefits of buying a home with a basement suite

Pay off your mortgage sooner by buying a Calgary home with a basement suite.

Buying a home with a basement suite can add significant value to your real estate portfolio, both immediately through rental income and as a long-term investment if and when you choose to sell. A basement suite is enticing as it provides a great space for out-of-town guests, post-secondary students & teenagers, as well as grandparents & in-laws, even if potential buyers don't want to rent out the space.

Advantages of a basement suite

There are definitely advantages that come with being a landlord in close proximity to your tenant. You'll know immediately if any issues arise, and if you go on vacation there will be someone there to keep your home safe while you are away.

Income potential of a basement suite

The income earned by a basement suite can help you get a head start on real estate investment, or allow you to buy a bigger and better home than you could otherwise. A house with a secondary suite is a great way to help you pay down your mortgage faster at a time when home prices are high and mortgage rates are going up.

Add a basement suite to a new build

If you’re considering a new build, ask your builder to layout a secondary suite with an additional kitchen, bedroom, bathroom, laundry and separate entrance. A separate walk-out/walkup entrance makes it easy for renters to access their new space without disturbing your privacy. The idea is to make your rental unit look and feel private, inviting, and rent-worthy. Parking space is also a consideration. More information on secondary suites is available Here! 

Experience counts

With so much experience in helping clients acquire homes with basement suites, the professionals at NextBigMoveCalgary can help you find the right property with a basement a suite that is perfect for your family, with a focus on maximizing an efficient and functional use of space.

All new Calgary basement suites must comply with the Alberta Building Code and require a building permit. 

The benefits of buying a home with a basement suite are hard to ignore so contact us today to learn more about this equity earning real estate investment strategy!

Posted in November 2018
Nov. 9, 2018

November 2018 Preferred Client Update

November 2018 Preferred Client Update

nov 2018 preferred client update

Posted in November 2018
Oct. 14, 2018

Docusign Tutorial

Posted in October 2018
Oct. 1, 2018

October 2018 Preferred Client Update

October 2018 Preferred Client Update

October 2018 Preferred Client Update

Posted in October 2018
Sept. 5, 2018

September 2018 Preferred Client Update

September 2018 Preferred Client Update

Posted in September 2018
Aug. 1, 2018

August 2018 Preferred Client Update

August 2018 Preferred Client Update

August 2018 NextBigMoveCalgary Newsletter

Posted in August 2018