Crebnow nov1,2013

Page 1

ring road deal reached

Cautious Optimism garage security

Agreement brings end to lengthy stalemate between Province and Tsuu T’ina Nation

Retail market expanding quickly

transportation A6

Protecting your valuables

commercial A13

Permission to PEEK on page A3 for savings!

how to A14

1.800.777.5458

FREE nov 1 to nov 7 2013 issue 03-43 www.crebnow.com facebook.com/crebnow twitter.com/crebnow

real estate news from industry experts

The Need for Approval Local housing organizations seeking smoother planning process Cody Stuart

managing editor

T

wo local organizations aimed at helping Calgarians find housing are asking City Hall to further streamline its approvals process to help ease demand. Fresh off the announcement that Attainable Homes Calgary Corporation (AHCC) had acquired 42 units in north Calgary, company CEO David Watson said the city needs to make things easier for those tasked with creating housing stock. “I think there needs to be some work done,” said Watson. “City Hall does not build things. Builders and developers build things. And the builders and developers I work with just want to find what the rules are and get on with doing it, and do it in a way that’s efficient.” Calgary’s population grew by 2.6 per cent in 2012, one of the fastest growing cities in North America. As a result, MLS® sales in the city increased by 9.65 per cent through the first nine months of 2013, despite a 0.7 per cent drop in listings. Meanwhile, the city’s rental vacancy rate sits close to one per cent. For Watson, whose city-owned not-

cody stuart, Managing Editor

SINGLE FAMILY

SEP11 OCT11 3761 NOV11 2761 DEC11 2980 JAN12 3093 FEB12 3367 MAR12 3501 APR12 3842 MAY12 3817 JUN12 3646 JUL12 3535 AUG12 3486 SEP12 3114 OCT12 2586 NOV12 DEC12 1859 JAN13 2075 2048 FEB13 2727 MAR13 2977 APR13 3311 MAY13 3199 JUN13 2917 JUL13 2791 AUG13 2789 SEP13

4753 4486

MLS® MONTH END INVENTORY* SEP ‘11 – SEP ‘13

Standing in one of their properties in Skyview Ranch, Attainable Homes Calgary Corporation said City Hall needs to improve the developer approvals process in order to help lessen some of the city’s housing woes.

Calgary housing growth predicted to lead Canada CREB® STAFF

C

algary’s resale housing market is expected to lead the nation in short-term price growth. According to The Conference Board of Canada’s Metro Resale Snapshot, year-over-year prices are expected to continue in almost all markets in the short-term, with Calgary leading the way with a seven per cent gain.

market A3

*All statistics based on monthly data compiled by CREB® via MLS® activity.

woodbine MlS® C3584541

Beautifully renovated estate home. 2134 sq ft w/OS double att garage. New maple kitchen, granite, stainless appliances, gas FP. Sun room. Vaulted ceiling. 3 bdrms. All new baths. Loads of updates. Very private yd. Mins to Fish Creek & schools. Immediate possession.

OPEN hOUSE

approvals A3

contents news briefs

A3

event listing

A6

weekly feed

A6

mortgage rates

A10

commercial

A11

industry

A12

Home sweet home

map

B1

open houses

B19

Donna Williams 403-617-7749

Sutton CanweSt Real eState

$619,999

for-profit company works to deliver entry-level homes and provide gifted down payments for moderate-income Calgarians, the result is fewer options for buyers. “There are certainly units out there, but the people that I deal with are probably more vulnerable. Or the ones who are struggling to get a down payment and get into the housing market are the ones that are finding it harder and harder,” said Watson. Over the last year, Watson said interest in Attainable Homes has doubled, with more than 10,000 Calgarians inquiring about the program. Watson said more could be done to streamline the process. “Having worked there (in city planning) most of my career, I know how tough it is at the other end. I think there needs to be a look at some of our zoning bylaws or land use bylaws. And I was certainly there to help with the authorship of the bylaws we’ve got now, but they’re not easy to use nor are they easy in terms of getting permissions or approvals through.” As part of the mayor’s initiative to cut red tape, City Hall has implemented several changes to the development and building approvals process, including new review processes, more “consistent” interpretations and requirements from staff and express line for frequent, repeat customers.

SAT & SUN 2-4PM 164 WOODFIELD RD SW

$774,000

RaRe laKe MidaPoRe FRontaGe MlS® C3570888

Tranquil setting 3 bdrm, 2386 sq ft townhouse with lake views from your family rm, kitchen & master suite. Stunning renovated kitchen. Marble flooring on main. Fully dev basement. OS double att garage. Condo fee of $492.includes cable, & your lake fee as well as lawn care & snow removal.

$474,900

bRidlewood MlS® C3586791

35+ attached home in immaculate condition. Superior finishings. Granite, stainless appliances, hardwood. 9 ft ceiling. Maintenance free exterior. Immediate possession.

OPEN hOUSE

SUN & SUN 2-4PM 41 BRIDLE ESTATES WAy SW

$439,900

MaCewan MlS® C3586306

Pride of ownership, 1733 sq ft 2 st w/vaulted ceiling. Family room off kit w/cozy WB FP. 3 generous bdrms up. Fully dev basement. New triple E windows, bathrooms. Beautifully landscaped private yd w/patio & hot tub.

OPEN hOUSE

SUN 2-4PM 671 MACEWAN DR NW


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