DONNA BALZER
EAST VILLAGE
Get biochar in the mix PAGE A6
As the master plan takes shape, the city centre community comes alive
COMMUNITY PROFILE The changing seasons of Erlton
PAGE A2
PAGE A7
FREE mar 17 to mar 23 2017 issue 07-10 editorial 403-781-1324 advertising 403-263-4940 crebnow@creb.ca
real estate news from industry experts
FASTER, STRONGER, HIGHER... T PRICES?
As Calgary considers a bid for the 2026 Olympics, it will likely find no stronger booster than the city’s real estate industry JOEL SCHLESINGER for creb®now
he prospect of hosting another Olympics is undoubtedly creating a lot of a buzz in Calgary and the city has no bigger booster of the cause than its real estate industry. The City officially announced last month that an exploratory
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ALBERTA JOBS ON THE RISE IN FEBRUARY
MLS® TOTAL SALES* FEB ’15 – FEB ’17
CREB® STAFF
1643
1782
1957
2190
CITY OF CALGARY
committee (www.shouldcalgarybid.com) is investigating whether Calgary should bid to host the 2026 Winter Olympic and Paralympic Games. While there’s no guarantee the City will actually go through with it, hosting the Winter Games for a second time could be a boon for Calgary’s real estate market. Look no further for evidence than the past two Olympic Games
*All statistics based on monthly data compiled by CREB® via MLS® activity. Includes detached, attached and apartment.
he latest jobs report from Statistics Canada has some good news for Alberta’s economy. Between January and February, Alberta’s labour market gained approximately 1,300 jobs. Despite shedding 18,000 part-time jobs last month, the good news for Alberta’s economy is that this decrease was offset by 19,300 full-time jobs, suggesting a generous increase in the quality of available work.
held in Canada, says Dr. Harry Hiller, a University of Calgary professor who studies the impact of the Olympics on host cities. Following the 2010 Vancouver games and the 1988 Calgary games, real estate prices in both cities surged, based on MLS® System data. “In a nutshell, what it amounts to is this: if you improve property that is devalued because of some factor – either because of some kind of pollution, contamination or housing that is decrepit,” it will have a positive impact on surrounding properties, he said.
OLYMPICS A3
CONTENTS COMMUNITY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A2
Brookfield Livingston
BRIEFS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A3 TRADES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A3 Find the right renovator
MUNICIPAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A4 Urban lifestyles
PROPERTY VALUE. . . . . . . . . . . . . . . . . . . . . . . . . . A5 Appraiser’s advice
MAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B1 OPEN HOUSES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B19
ALBERTA JOBS A3
UPPER SCARBORO $709,900 BUNGALOW ON A HUGE CORNER LOT This solid bungalow is located in a quiet coveted location. The home has a central hall plan. Classic in layout, complete with a bright large family gathering kitchen, dining room and living room with a focal point fireplace. Two bedrooms upstairs, one down, plus a large spacious developed lower level, which features a large family room, corner fireplace feature, plus a laundry room, storage room and a 4-piece bath. The back yard is facing south with a west side corner exposure! MLS®C4092733
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LESLIE KISS
403-861-4035
lkiss@sutton.com sutton.com