Inner City Feature ORGANIC AURA
CALGARY’S BEST-KEPT SECRETS A7
A8 – A9
Growing your own in Calgary
DONNA BALZER A15
ERNIE GARDY 403-651-3093
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FREE aug 15 to aug 21 2014 issue 04-32 editorial 403-781-1324 advertising 403-263-4940 crebnow@creb.ca
real estate news from industry experts
CO-EXISTING IN CALGARY New developments can aid in vibrancy and evolution of established communities
KELSEY HIPKIN, Reporter/Photographer
KELSEY HIPKIN
reporter/photographer
I
n building a city, there comes a time when old needs to make way for new in the name of progress. Yet a growing number of local builders say they are not yet ready to give up on Calgary’s rich past, suggesting many
often-overlooked historical areas of the city are ripe with opportunities. Cardel Inner City community sales manager Mark Edruhn notes that for the last two-and-a-half years, his division has been focusing on products within Calgary’s established communities – and with great success. “[It’s] to meet demand from consumers who were looking to live closer
to their work, to be near fully established amenities and to have drastically reduced commute times, while still enjoying all the space, design, features and efficiencies that new homes have to offer,” he said, noting most buyers are young professionals seeking both employment and new homes to raise their families. The appeal of creating newer prop-
SINGLE FAMILY
JUL12 3646 AUG12 3535 SEP12 3486 OCT12 3114 NOV12 2586 DEC12 1859 JAN13 2075 FEB13 2048 MAR13 2727 APR13 2977 MAY13 3311 3199 JUN13 2917 JUL13 2791 AUG13 SEP13 2789 2705 OCT13 NOV13 2171 DEC13 1515 JAN14 1671 FEB14 1894 MAR14 2052 2445 APR14 2919 MAY14 3128 JUN14 3056 JUL14
MLS® MONTH END INVENTORY* JUL ‘12 – JUL ‘14
*All statistics based on monthly data compiled by CREB® via MLS® activity.
WeStSpRinGS
HaRveSt HillS
Quiet Cul-de-sac $564,900!
Sunny South Backyard $374,800!!
Over 1656 sq.ft. of lovingly maintained home. Open concept with oversized double garage. MLS®C3628079
Situated accross from park: Neat and tidy. Tremendous value. MLS®C3629098
erties in established neighbourhoods is a way of giving consumers what they want, where they want while replacing older homes that may be nearing the end of their life cycle, added Adruhn. “It’s urban redevelopment one property at a time,” he said. Cardel is not alone. Attainable Homes Calgary is currently developing a project in Mount Pleasant just
CALGARY BUILDING PERMITS INCREASE BY 50 PER CENT
off 16th Avenue N.E. The four-storey building with outdoor courtyard will be joining many homes built when the community was first established in 1912.
CO-EXISTING A3
CONTENTS NEWS BRIEFS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A3 TRANSPORTATION. . . . . . . . . . . . . . . . . . . . . . . . . A6 Grids locked
EVENT LISTING . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A6 WEEKLY FEED . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A6 HOW TO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A10 Bid adieu to summer
CREB® STAFF
MORTGAGE RATES . . . . . . . . . . . . . . . . . . . . . . . . A11
C
POP THE QUESTION. . . . . . . . . . . . . . . . . . . . . . A13
algary’s building permits have increased more than 50 per cent year-over-year, according to Statistics Canada. Locally, the value of permits was more than $800 million in June, an increase of 26.6 per cent over the more than $600 million in May.
INDUSTRY A3
Caroll-Ann Bainbridge
COMMERCIAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A13 MAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B1 OPEN HOUSES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B19 @crebnow
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