Resale Home & Condo Calgary - Nov 02, 2012

Calgary Edition

November 2 - 30, 2012 Volume 12 Issue 11

Your Best Source for Homes & Condos

Absolutely gorgeous!

COMPLETELY RENOVATED 4 BEDROOM BUNGALOW For more information on this property please go to pages 50 & 51

Dianne Brown 403.256.3888

LANDAN REAL ESTATE

realestate@diannebrown.ca | www.diannebrown.ca INSIDE THIS ISSUE

INSURANCE AND THE CANADIAN CONSUMER

HOW TO CHOOSE A REPUTABLE MOVER

PROTECT YOUR HOME AGAINST WATER DAMAGE

Strathcona - $385,000 #24 - 140 Strathaven Circle, SW - Beautiful unobstructed downtown views! Nestled on an extremely quiet crescent, this home overlooks an elementary school yard. Part of the desirable 50+ complex Strathaven Horizon Village, this home also includes a double garage, walkout basement and amenities only minutes away!

Shaganappi - $499,000 #3110, 24 Hemlock Cres. SW – Fabulous location, tranquil, panoramic views overlooking the golf course, beautiful & treed. 1140 SF condo with 2 indoor parking stall & a massive (450+ SF) private terrace, 2 bedrooms, each with full ensuite, gourmet kitchen w/ stainless appliances, maple cabinetry & corian counters. Condo fee $432.00/mo.

West Springs - $599,000 2 West Jensen Place, SW – Carefree villa style bungalow living with no condo fees!

1286 SF bungalow w/ full basement, 2200+ SF total, 3 bedrooms + flex room/den, 2 fireplaces, maple kitchen w/ granite counters, island/eating bar, stainless appliances, vaulted great room, master w/ jetted tub & shower w/ body sprays.

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Signal Hill - $649,000 44 Sienna Hills Court, SW – 4 bedroom 2-storey w/ lots of upgrades & professionally designed & developed basement w/ media room, gym & bathroom. Kitchen w/ granite counters & glass tile backsplash + contemporary stainless steel appliances. 3100 + SF of living space. Cul-de-sac location, big lot w/ 50-ft frontage.

Aspen Woods - $659,900 5 Aspenshire Cres. SW – Superb location across from tot-lot & backing a green area! This home is absolutely like new with extensive upgrades, great room concept, full height cabinetry & granite counters in kitchen (& all bathrooms)+ contemporary stainless appliances, large dining, vaulted living w/ stone fireplace, & main floor den. Bonus room, 3 bedrooms & laundry room upstairs. Master w/ huge walk-in w/ organizers!

Parkdale - $759,000 2516 1st Ave, NW- Sleek & contemporary new home in desirable Hillhurst, walking distance to the river & just a bike ride away from downtown. 3+1 bedroom 2-storey with developed basement offers 2500+ SF of living space plus double garage. Extensive use of natural stone, and granite, designer lighting & appliance packages.

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Discovery Ridge - $895,000 218 Discovery Ridge Boulevard, SW - Blur the lines between inside & out w/ floor-to-ceiling windows, most evident in the living room, dining room & master suite, overlooking the beautifully landscaped yard! This 2122 SF home has 3+2 bedrooms & is finished w/ distinctive West Coast/European influenced design, dramatic 10 & 17 foot ceilings & a fully developed basement!

Discovery Ridge - $950,000 1 Discovery Ridge Landing, SW - Contemporary 2-storey with developed basement, south backyard & mountain views. Offering a total of 3777 SF of dramatic living space with 12-foot high ceilings, clean lines, designer lighting, hardwood flooring, solid slate countertops, lots of natural light. Ideal for entertaining, total of 5 bedrooms.

Signal Hill - $950,000 3092 Signal Hill Drive, SW - Breathtaking, panoramic views from this 2-storey home built on a ridge. Views of the neighbourhood, walking paths, elementary school, the foothills & Rocky Mountains beyond from all three levels! Over 3700 SF w/ the finished walkout basement! Beautifully landscaped w/ wraparound deck, 4+1 bedrooms & updated bathrooms.

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Aspen Woods - $1,050,000 13 Aspen Acres Manor, SW - The luxury & convenience of a new build without the wait!

Backed onto a treed greenbelt, this fully developed 2-storey is located on a family friendly street just a short commute to downtown, future LRT & public & separate schools! Triple garage, gourmet’s kitchen, spa-like master ensuite & chic lighting throughout!

Cliff Bungalow - $1,250,000 #4 540 21 Avenue SW -Amazing location for the elite buyer! This 3 bedroom townhome has rooftop patio w/ panoramic views, plus 4 other outdoor living spaces. Professional level kitchen, double garage (accessed from secure parkade), personal elevator, Smart Home technology & amenities of 4th Street, 17th Ave & the Elbow River!

Garrison Woods - $1,350,000 219 Somme Avenue, SW - A rare find! Ideal inner-city location with with heated, double attached garage! 2977 SF with fully developed basement, making for 4052 SF of total living space. Extensive upgrades, walnut flooring throughout, professionally designed kitchen, spacious master bedroom and recently completed outdoor living space!

Springbank - $1,475,000 63 Springland Way - Completely renovated!

Ideal Springbank location, 2 acres, quiet street 2 minutes away from shops & services on 85th Street & 5 minutes from Aspen Landing. 3266 SF + developed basement & private office/smoking room off the garage.

Granite & hardwood throughout, extensive travertine, 5 bedrooms & den

Foothills - $1,590,000 28 Norris Coulee Trail - A horse lover’s paradise! 2500 SF bungalow w/ developed walkout & elaborate 1200 SF barn built to match the house on landscaped 3.68 acres. Electric fence, heated horse watering troughs, imported equine stalls w/ soft stall flooring, 3300 gallon cistern. House w/ 4 bdrms & 4 baths, heated floor in walkout & triple garage.

Elbow River Estates - $1,595,000 82 Elbow River Road -7000 SF of living space on a gated 4 acre lot with a circular driveway.

Offers soaring ceilings, Extensive natural Rundle rock feature walls & fireplaces, lots of upgrades. 4 huge bdrms, each w/ full ensuite. 1000+ SF master suite with sitting room, balcony & 10-pc ensuite (steam shower & air-jet tub).

Springbank - $1,695,000 2857 77 Street, SW - Over 5000 SF developed with breathtaking panoramic views!

Beautiful mountain scenery from almost every room of this heavily windowed home.

14 FT coffered ceilings, 8” baseboards, gourmet’s kitchen, wine room, wet bar and luxurious master ensuite complete with claw foot tub make this a truly executive home.

Currie Barracks - $2,895,000 58 Mary Dover Drive, SW - Exquisite new bungalow, 4300 SF, with every upgrade, 60-ft lot, backing onto a large park! In the new inner-city area “urban village” of Currie Barracks, complete with a lots of character, a “high street” of shops & services, close to offices, Mount Royal U. & just minutes to downtown. Price includes all furnishings + GST.

Springbank - $3,956,000 56 Sterling Springs Crescent – Executive retreat! Over 9500 sq ft developed, 5 bedrooms 7 bathrooms plus all the amenities of a five star resort, including a practice green, all season sports court, awesome home theatre, huge recreation with wet bar, and an indoor salt water pool with swim-thru grotto and hot tub.

Dianne Brown

REAL ESTATE TEAM DIANNE & MICHAEL BROWN

M LANDAN REAL ESTATE

CALL & ASK FOR DIANNE

403-256-3888 ACHIEVEMENTS • RE/MAX Platinum Club • RE/MAX President’s Club • Chairman’s Club • Member of MLS Million Dollar Club

Condominiums

SUNALTA

BANKVIEW

1-800-661-6262

realestate@diannebrown.ca www.diannebrown.ca CONNAUGHT

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HAYSBORO

LD SO Former show-suite - almost 1000sf of living space. Hdwd, dark wood cabinetry, walk-in pantry, master bdrm w/”California” closets & ensuite, a second bdrm & main 4 piece bathroom w/laundry area & walk out patio. Easy access to garage.

What a Gem! 2 bedroom corner unit in concrete building offers a large open concept layout with an updated kitchen and bathroom. Huge private balcony for summer barbecuing, private parking, insuite laundry & generous storage. Fabulous location!

Stunning 21st floor in Vantage Pointe with breathtaking downtown views. Features private balcony, floor-ceiling windows, granite counters, black appliances, insuite laundry, contemporary/ designer colors & secured/titled parking stall.

Contemporary living in this bright, open 1 bdrm + den unit features granite counters, large windows, air conditioning, sunny south exposure, private balcony, insuite laundry & storage, 24hr concierge & 1 heated u/g pkg stall.

$229,900

$229,900

$249,900

$253,900

GARRISON WOODS

CONNAUGHT

COCHRANE - GLENBOW LOWER MOUNT ROYAL

Beautifully finished 1 bedroom + den unit featuring an open concept kitchen w/stainless appliances, granite & large island. Also included are a gas fireplace, insuite laundry, large balcony & a heated u/g parking stall.

Recently renovated 916 sqft 2 bedroom in concrete building. Features spacious bright maple kitchen, newer appliances, lots of cabinetry, ceramic tile & newer berber carpet. Generous ensuite & laundry area w/extra room for storage.

This large 3 bedroom, 2½ bath 2 storey townhome in desirable McGonigle Heights features an island kitchen, ample cabinetry & countertops, developed basement +single attached garage. Close to restaurants, curling, golf & so much more!

Dramatic 2 storey 2 bedroom townhouse unit in desirable Lower Mount Royal. This upgraded unit includes a loft style 2nd floor space with large master & private patio, insuite laundry & wood burning fireplace.

$259,900

$269,900

$309,900

$331,900

COCHRANE – SUNSET RIDGE

CONNAUGHT

PARKHILL

CANMORE

Exceptional location! Mtn Views! 3 bdrm, 2½ bath 1805sf 2 storey w/walk-out backs onto reserve w/ ponds & paths. $40,000+ in upgrades incl: hdwd & tile floors, cozy gas fp, black appl., espresso cabinetry & island w/breakfast bar.

Executive 2 bdrm, 2½ bath 2 storey townhouse.

Modern open concept style features a maple kitchen w/stainless steel appliances, gas fireplace, separate laundry room, brick patio + 1 titled & 1 leased underground parking stall.

$399,900

$409,900

Coming Soon! Exclusive development at the highest point in Parkhill with lovely views. Contemporary duplex & triplex units have sgl/dbl garages + covered parking stall. S.S. appliance pkg, hdwd floors, granite counters & 2½ baths.

“Three Sisters” Fabulous views from this immaculate 3 bdrm, 2½ bath 3 storey with dbl garage.

Features hardwood, granite, extra tall cabinetry, breakfast bar & island, custom Hunter Douglas blinds & cozy fireplace.

$470,000’S

$489,900

MISSION

EAU CLAIRE

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HIDDEN VALLEY

LD SO Luxury Living in these 3 bdrm, 2½ bath 2 storey townhouse or NEW 2 bdrm, 2 bath Penthouse, both feature gourmet kitchens with stainless steel appliances & granite counters, cozy fireplaces & 2 u/g parking stalls.

Executive living! 2 bdrm, 2 bath corner unit in THE WATERFRONT. Features downtown skyline view, gourmet kitchen w/large island, stainless appliances, hdwd & tile flrs, cozy f/p, heated parking, gym, party rm, concierge & security.

New luxurious 2 – 4 bdrm PENTHOUSE units available in La Rive located on the banks of the Elbow River. Full concrete construction, 9’ ceilings, hdwd, tile, granite, s.s. appliances, fireplaces & titled parking.

Immaculate & tastefully decorated 3 bedroom, 2½ bath home featuring maple laminate & tile flooring, maple cabinetry, many newer appliances, jetted tub, cozy gas fireplace, huge deck with gazebo & oversized double garage.

$549,900 - $629,900

$589,900

$899,900 - $1,500,000

$359,900

Thi ed of #9 the

MCKENZIE TOWNE

COVENTRY HILLS

LD SO

BEDDINGTON

ERLTON

LD SO

Contemporary, bright & open 1850sf 3 bdrm, 2½ bath 2 storey home featuring vaulted ceilings, loads of windows, dark maple cabinetry with under cabinet lighting, island w/breakfast bar, walkin pantry, s.s. appliances, & cozy fireplace.

$369,900

On the Park! Beautifully updated featuring hardwood flooring on the main level, wrought iron spindles, large island, breakfast bar & pantry, cozy stone fireplace, professionally developed lower level & 2 tiered deck.

$439,900

Large 2 storey split home features a formal living & dining room, main floor laundry & a good size kitchen. Features include hardwood, vaulted ceilings, skylight, custom built-ins, cozy fireplace, 2 private balconies & much more.

$450,000

BUILDERS & DEVELOPERS – Outstanding lot on quiet cul-de-sac. Full downtown views! Zoned for up to 3 dwellings. Approved plans & permits incl: triplex w/2 attached 3 storey dwellings & 3rd bungalow dwelling.

Residential

2

“For the best in Quality Service”

$479,900

VALLEY RIDGE

MCKENZIE LAKE

MCKENZIE LAKE

CHAPARRAL

rm inre, 4hr

Large 2 storey home with double front attached garage has a fully developed walkout, backs onto a green space and is located on a quiet street.

Spacious house – needs work.

Substantially renovated! Gorgeous 1900 sqft home on large lot backs onto private path leading to Fish Creek Park. Vaulted ceilings, hdwd, granite, 4 bdrms, 3 full baths, cozy fireplace, full lower development & so much more.

Substantially upgraded 3+1 bedroom home features 3½ baths, air conditioning, upgraded s.s. appliances, cozy gas fireplace, bonus room, vaulted ceiling & so much more. Close to park & ridge and river valley path system.

Full Lake Privileges! Over 2300sqft of living space featuring 3 bedrooms, den, bonus rm, 2½ baths, 2 sided fireplace, kitchen w/large island & breakfast bar & walk-in pantry. Granite counters, hdwd flooring & vessel sinks.

00

$482,000

$509,900

$548,500

$550,000

AL

MOUNT PLEASANT

ASPEN WOODS

FOOTHILL ESTATES

CRESCENT HEIGHTS

in unit rge ood

New luxurious 3 bdrm, 2.5 bath 2 storey attached homes with 2089sf of well planned living space. Features granite, breakfast bar, extra tall cabinetry, walk-in pantry, hdwd flooring, gas fireplace, vaulted ceilings & dbl garage.

Great floor plan in this 3 bedroom, 2½ bath 2 storey home. Features include vaulted ceiling, oversized windows, gas fireplace, extra tall cabinetry, granite counters, island with breakfast bar, walk-in pantry & upper laundry room.

Classic 60’s 1837sf fully developed 2 storey split on .22 acres facing a park. Features hdwd, custom shelving, well laid out kitchen & main floor laundry. Close to the Winter Club, schools, transit, Nose Hill & Confederation Parks.

Inner City Living! This 3 bedroom + den home is tastefully updated & MOVE IN READY! Hardwood floors, corner fireplace, vaulted ceiling, dbl closets, clawfoot tub, professionally designed courtyard like private South yard.

00

$599,800

$638,500

$689,900

$729,900

WOODBINE

CLARESHOLM

STAVELY

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Completely renovated – Gorgeous 4 bdrm w/ dramatic open beam vaulted ceilings, hdwd floors, custom built-ins, 2 fireplaces. Gourmet kitchen w/custom cabinetry, professional line s.s. appliances, quartz counters, 3½ baths & triple garage.

Elegant 2 storey executive home backing onto Fish Creek Park. 3+1 bdrms, 3½ baths, soaring ceilings, walls of glass, skylights, inlaid limestone & granite flooring & fabulous gourmet kitchen.

Prof. landscaped + heated pool.

Immaculate & beautifully maintained home features vaulted ceilings, crown mouldings, cozy fireplace, island w/breakfast bar, main floor laundry, large private, sunny, south yard & dbl garage. Many nearby recreational facilities.

Great opportunity to own a newer custom built raised bungalow on almost 6 acres of land. This home is designed for energy efficiency & low maintenance. Features an oversized Quonset & heated workshop. Close to many recreational sites.

00

$1,398,000

$1,646,900

$239,900

$399,900

Rural

MAYFAIR

IRRICANA

SPEARGRASS

CHESTERMERE

NORRIS COULEE

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This parcel contains 80 ACRES of PRIME cultivated farm land and is located adjacent to the East of Range Road 263, one mile North of Highway #9 and 2 miles North of the Town of Irricana in the Municipal District of Rockyview.

Absolutely gorgeous walkout bungalow loaded w/ upgraded features - vaulted ceilings, tigerwood floors, granite counters, in-slab heating, instant HWT & more. Backs onto golf course, mountain views & easy commute to Calgary & Strathmore.

Prime Location! This 4 acre property is within the Town of Chestermere Municipal Development Plan. Large 3+1 bedroom, 2½ bath home with dbl garage + large 32’x58’ Quonset (room for all your toys). Lots of trees for privacy.

Fabulous 3 bdrm 3731sqft country home nestled on a 4 acre parcel. Rustic yet elegant, this home has it all: loads of windows bathing this home in natural light, a wrap around deck, 4 car garage and a private pond with waterfall.

00

$449,900

$645,000

$720,000

$1,195,000

featurerealtor

Dianne Brown Re/Max Landan Real Estate B Y H E AT H E R R YA N

F

or longtime Realtor Dianne Brown, the secret to success is simple. She doesn’t think of what she does as a job, but rather more as building relationships to help make her clients’ dreams come true.

“For me, it’s always about my clients,” says Dianne, who works hard to ensure that her clients are happy and satisfied with the service she provides.

“We have to realize that this isn’t as simple as buying or selling a home, this is about people’s lives,” she says, which is why she focuses on customer service. “I give each and every client the unequivocal service and support they need.”

She notes that earning the trust of clients “is vital if you are going to be successful in any endeavour, but especially so in real estate.” This is where Dianne excels; she gets in touch with her clients needs and makes a connection that allows them to put their trust in her.

“You spend a lot of time daily talking to and being with a client over the time it takes to market or purchase a home and you play a part in making such an important decision in their lives,” she says. “I form a strong attachment to my clients and I find it hard to say goodbye when we finally finish the transaction.”

Dianne didn’t initially choose real estate as her career; she worked in accounting, as a manager and assistant buyer for a retail chain, and even worked in property management and

development before finding her niche as a Realtor. And it was Dianne’s positive, empathetic and caring attitude that made her and real estate a perfect fit.

“I loved it right away,” says the 20-year-plus veteran with Re/Max Landan. “I love working with people, helping clients achieve their goals, and the constant unpredictable nature of the business.”

Dianne has seen many changes in the industry since she started out in the mid-1980s, especially on the technology side. “There is a lot more information available to the public through the Internet and other public sites and clients are a lot more informed than they were in the ’80s. Realtors also have more access to this information and have increasing requirements of disclosure and transparency, which is beneficial for their clients.”

Dianne takes advantage of today’s technology to help her clients, in particular her website (diannebrown.ca) is a great tool for both buyers and sellers. Not only will clients find their properties are marketed with extensive photos, descriptions and virtual tours, there is a wealth of information she provides that goes above and beyond just listings. You can find homebuyer reports dealing with issues from ensuring a smooth home purchase to common buying errors to avoid. There are also helpful articles, home evaluations, information on how to choose a neighbourhood that is right for you, a mortgage calculator and much more.

It’s her willingness to share her expertise with her clients by providing as much advice and knowledge as possible and to go that extra step that has earned her clients’ trust and ultimately ensured her success. This success includes awards such as Lifetime Achievement, Re/Max Chairman’s Club, Re/Max Platinum Club and the MLS Million Dollar Club. She’s also a 28-year member of the Calgary Real Estate Board.

She credits much of her success to the support of her highly experienced team that is “very accessible” and allows her the opportunity to provide exceptional customer service.

Dianne also finds time to support Re/Max Charitable Organization, which assists local community groups and charities.

As for the current real estate market, Dianne tells Resale Home & Condo Guide: “People will continue to need places to live and those needs will continue to change.

The Calgary market has a good selection of properties and sales are above last year.

“Prices remain very affordable, interest rates are at an all time low and this is an excellent time to get into the market or move up to your dream home,” she says. “The Calgary market continues to have great long-term potential.”

www.tarkan.ca Call: 403.247.5503 Email: serhan@tarkan.ca

#6 226 VILLAGE TERRACE SW

$224,900

FANTASTIC CONDO WITH VIEWS The News from Broadcast Hill: This beautifully upgraded 1 bedroom condo with panoramic views of the city & downtown skyline has an open concept floorplan featuring a wood-burning fireplace & plush carpeting, a cozy bedroom with a nice-sized closet & a stylish bathroom with tile. Amenities include a pool, hot tub and tennis courts. One indoor parking stall included.

MLS #C3539307

#322 107 ARMSTRONG PLACE

$419,900

SEE MORE & DO MORE IN CANMORE Nestled in beautiful Three Sisters is this fantastic retreat in The Portal At Stewart Creek...a gorgeous 2 bedroom unit with rich hardwood floors & a soaring open floorplan bathed in natural light. This bright 2-level unit offers a dramatic two storey living room with a gas fireplace & floor-to-ceiling windows, a sleek gourmet kitchen with stainless steel appliances & granite counters and TWO indoor parking stalls included.

MLS #C3539308

137 PANAMOUNT DRIVE NW

$494,900

BEAUTIFUL HOME STEPS AWAY FROM SHOPPING Exotic Brazilian cherry hardwood floors, central air & 3 bedrooms up in this stylish former Avi showhome...a sunny two storey within walking distance to transit, Cardel Place & shopping. With a bright open floorplan, this gorgeous family home boasts a great room with a gas fireplace & built-in shelves, built-in speakers, a separate main floor laundry room & an eat-in white kitchen with tile floors & a walk-in pantry.

MLS #C3537199

63 ROYAL RIDGE MANOR NW

$949,900

ROYAL OAK LUXURY Surrounded by panoramic mountain, city & downtown views to the horizon is this beautifully upgraded custom home in Royal Oak Estates...a stunning one-owner home on a ridge backing South onto a playground. Showcased by 9ft ceilings & rich hardwood floors, this 4 bedroom beauty boasts a great room with a gas fireplace, a main floor office with a recessed ceiling, a formal dining room & a sleek maple kitchen with stainless steel appliances, granite counters. A spacious bonus room upstairs with a master bedroom and a raised ensuite. A fully finished walkout basement completes this elegant home.

MLS #C3537688

advertisersindex Vice-President, wall2wall media

cameron & comPany discount realty ltd.

Dory Cameron. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 century 21 David Crick . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 cir realty David Setter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Jon Salois . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Pierre Salois . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 jayman realty Ernie Laprairie. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 maPle leaf realty Ken Yeoh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Precision real estate Dean Benoite . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 real estate Professionals Melissa Fowler . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 re/max real estate Alnoor Velji . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Brian Currey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Debbie Rice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Dianne Brown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Don Lothian. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Gary Williams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 James Cote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Len T. Wong & Associates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Rahim Dhanji . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Richard Kim. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 Robert Cote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Ron Clappison . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Sam Corea . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Scott Merchant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 royal lePage real estate Chris Zaharko . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Kelly McKelvie & The McKelvie Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Back Cover Kerry Stevenson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Raymond Riley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Ripco Marketing Team . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 Robbie Stevenson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Serhan Tarkan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 MoRTGAGE CoMPANiES Prolink Lori Ames. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 RECREATioNAl PRoPERTiES & MoRE Pemberton holmes Nancy Vieira . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47

Jacqueline Hill

editor-in-chief, national real estate

Susan Legge editor

Janine Druery Lydia McNutt (on leave) media consultant

Anita van Breevoort Phone: 403.461.5518 | Fax: 403-685-0582 sales and marketing coordinator

Sandra Begenisic

contributing editors

Wayne Karl, Elisa Krovblit, Silvana Longo, Sara Duck (on leave) Production manager

Bala Gnanapandithan art director

Julie Yoo

graPhic designer/disPlay artist

Mike Terentiev

Production coordinator

Bala Menon

national account manager, mediatiVe

Andrea Berry Printing

Elite Lithographics, Centralweb Colorpress for adVertising inquiries Please call 403.461.5518

The Calgary Resale Home & Condo Guide is published

by Wall2Wall Media located at 2891 Sunridge Way NE, Calgary, AB T1Y 7K7. Resale Home & Condo Guide is distributed throughout Calgary at free pick-up locations. This magazine carefully inspects all ads for accuracy, however, the publisher and the printer shall not be responsible for any mistakes, design errors or incorrect information which is provided by the advertiser or their representative. The advertising herein, including the photographs and all artwork, is the property of Resale Home & Condo Guide and not that of the advertiser. The advertiser has purchased the right of reproduction in Resale Home & Condo Guide magazine only and does not have the right to reproduce the ad in whole or in part in any other place or publication without the consent of the publisher.

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Published by

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Volume12 Issue11 | ResaleHome&CondoGuide •

9

contents

50

Volume 12 Issue 11 | noVember 2 - 30, 2012

in this issue 16.

editor’s note

43.

insurance needs

24.

your home focus on reno projects that will add the most value to your home

46.

rec properties

do your research and choose your mover wisely by Dan hopkins

50.

feature property

52.

market analysis real estate activity in Calgary outpacing last year by heather ryan

34.

38.

make your move

insurance Insurance products remain a mystery to many Canadians

10 • ResaleHome&CondoGuide | Volume12 Issue11

How to protect your home against water damage

Joint ownership can work – if you do your homework fabulous renovated bungalow in sought-after mayfair. featured by dianne brown at re/max landan real estate by heather ryan

34

38

52 maps & extras 18, 36, 40 and 44. Calgary maps, communities and mls numbers

u

20. You love the home, see what you can afford!

w n

45. real properties 48. out-of-town regional map

for adVertIsIng InformatIon Call office 403.461.5518 next deadlIne: november 16th, 2012

46

Volume12 Issue11 | ResaleHome&CondoGuide •

11

Zaharko

the name synonymous wi

Nellie McClung Historic Home

Kil

Built in the early 1900’s, this residence is most significantly remembered for having been the home of Nellie McClung, the noted champion of women’s rights. It was designated a Provincial Historic Resource in 1978. The house is Tudor Revival in design & represents the exclusive, upperclass homes built in the Connaught neighborhood prior to the expansive boom in 1912. The 2.5 storey structure is characterized by its gabled roof, half-timbered detailing & decorative chimneys. Situated on almost 1/2 an acre, the rectangular floor plan of the home is still evident despite modification, as are interior details that define the Victorian charm of the house. Still intact are the dark stained woodwork, the central staircase & the Arts and Crafts fireplaces. The rectangular lot is 100’ x 130’ with 10 paved parking stalls at the rear + an additional 10 tandem on the side.

IDEAL FOR AN OFFICE CONVERSION. $2,390,000 MLS # C3533524

Cu tom fea wh surr wa bed &3

Rockyridge Estates

Co

Location...Location! If tranquility and nature are what you are looking for; then welcome to this stunning 2 storey walkout backing onto a lake & greenspace. This custom built 3700 sf home features a majestic foyer and offers a music room, den, formal dining room, 2 storey high great room with a stone fireplace and large windows with views of the lake. Hardwood and Tile throughout the main floor. The gourmet kitchen has top quality appliances, gorgeous cabinets, granite counters, a centre island, a walk-in pantry and a full length arched window over the sink with lake views. 4 bedrooms up with walk-in closets & ensuite bathrooms. Solid wood doors and built-in speakers throughout. Mud room off the garage has lockers, built-ins & a bench. Main floor laundry with a laundry chute from the upper level. Aggregate driveway and double attached garage. This home has too many features to list and is a must see! $1,299,000 MLS #C3530436

Kelvin Grove - Renovated Bungalow

Updated bungalow in desirable Kelvin Grove with a total of 4 bedrooms and 3 full baths. New Hardwood throughout the main floor. Large open living room with a corner fireplace and formal dining room. Kitchen has new maple cabinets, granite counters, stainless steel appliances and a large breakfast bar. Sunken family room with another fireplace and french doors leading to secluded rear yard. 3 good sized bedrooms on the main and the master ensuite has a walk-in whirlpool bath. Basement boasts a media room, 4th bedroom and a full bath with heated tiles and a 2 person whirlpool tub. Exterior features new stucco and cultured stone, new windows and a double oversized garage plus RV parking. New furnace and hot water tank. Located on a large corner lot and close to all amenities. $775,000 MLS #C3528983

Chris Zaharko |

Associate #1 Individual Agent at Royal LePage Foothills 2008

We exc 126 boa bed Prim Also MLS

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Killarney

Custom built Lantern home with a Tuscan-theme design including rich hardwood, distressed wrought-iron railings, granite counters, custom cabinetry, accent lighting & triple glazed windows. Large den with generous natural light & coffered ceilings. The gourmet kitchen features rich maple cabinets, granite counters, s.s. appliances & a large center island with raised breakfast bar. Spacious dining area which is open to the kitchen & living room, perfect for entertaining. Living room features a corner gas fireplace with Tuscan-inspired tile surround. Mud room on the main floor features a 2 pce bath & laundry area. The large master bedroom boasts a coffered ceiling, double walk-in closets + a luxurious 5 piece ensuite with a corner soaker tub, shower & double vanities with granite countertops. Two additional bedrooms & a 4 piece bathroom finish off the upper level. The lower level has a large family room with a gas fireplace, wet bar, bedroom & 3 pce bath. Double detached garage. Close to all amenities. $719,000 MLS #C3542756

Connaught - The Montana

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Welcome to the Montana, an upscale contemporary complex, located in the vibrant and trendy inner city district of Connaught. Offering exclusive elegance and thoughtful amenities such as a 24 hour professional concierge who is dedicated to making your life easier. This 1261 sq. ft. two bedroom & Den unit on the 18th floor features floor to ceiling windows offering panoramic views. The functional kitchen boasts GE Profile stainless steel appliances, granite countertops, breakfast bar and maple cabinets with under cabinet lighting. The master bedroom features a walk-in closet and 4 piece ensuite bath. Natural gas BBQ hookup on the balcony. Titled underground parking (P3-31).

Prime location, close to shopping, restaurants and minutes to the downtown core. $729,900 MLS #C3543240 Also available is a 910 sq. ft. two bedroom unit on the 10th floor (Bellevue floor plan). Titled underground parking (P2-15). Asking $505,000 MLS #C3543236

P: F:

403.249.4322 403.252.2653

E: W:

czaharko@rlfoothills.com www.zaharko.com

Zaharko

the name synonymous wi

The Anderson - Lower Mt Royal

Sil

Unit 2 - $334,500

Co tru in C ver pa diti are an

W

Old world charm and modern living have come together to make one of the city’s oldest and most distinguished buildings a landmark residents can call home. Anderson Estates, located at 804-18 Avenue S.W., symbolizes sophisticated living and nostalgia for another time. Located in Lower Mount Royal, near the heart of Uptown 17th, the historical building remains a cornerstone of downtown Calgary culture and a hotspot for young trend-setters. The H-shaped building, designed to maximize the natural light, still includes the original solid oak baseboards and mouldings, maple floors, brass railings with cast-iron rails, and imported Italian marble stairs. Each of the units, 65 one-bedroom and a single, 2-bedroom, have ten-foot ceilings, six-foot tall windows, granite countertops, maple or oak cabinets, re-porcelained clawfooted tubs, and a new hot-water system. There are two different floor plans, with exception to the twobedroom, which had originally been bought as two condos and expanded by a past owner. The T-shaped condos are 497 sq.ft., while the bay window units are 619 sq.ft. but they feel deceptively larger, thanks to the amount of natural light and floor plan.

Wh low 125 de wa

Panorama Hills Condo

Evergreen

Co

Welcome to Panamount Place. This spacious 2 bedroom condo features a functional kitchen with hardwood floors, maple cabinets, a raised eating bar and a dining area. The living room has a corner gas fireplace and sliding patio doors to the balcony. The master bedroom has a large window for natural light, a walk-in closet and a 4 piece ensuite. The good sized second bedroom also has a large window for plenty of natural light. 4 piece main bath with maple vanity and tub/shower combination. Den or computer room has french doors and hardwood floors. In-suite laundry. Titled heated underground parking (#35) with storage locker at the front of the parking stall. Great complex, close to all amenities. $244,900 MLS #C3527198

Fully developed 4 bedroom home located on a quiet street in Evergreen. Open concept floor plan which is great for entertaining. Kitchen features hardwood floors, plenty of cabinets, a corner pantry & an island with raised breakfast bar.

Spacious great room & dining area with a garden door leading to the deck. Upstairs is a large bonus room with a corner stone gas fireplace and vaulted ceiling.

The master bedroom features a walk-in closet and 4 piece ensuite with a soaker tub & separate shower. The lower level is developed with a large rec room, a 4th bedroom & another 4 piece bathroom. This lovely home is situated in a family oriented neighbourhood and close to all amenities. $464,900 MLS #C3544330

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Chris Zaharko |

Associate #1 Individual Agent at Royal LePage Foothills 2008

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pen ood bar.

Upng. aker 4th mily 0

Silverado Ranch Estate Lots

Banff Townhouse

Country living within the City! The Ranches of Silverado provides true estate living with lots three times the size of typical estate lots in Calgary, surrounded by rolling foothills and wide open skies. Silverado boasts more than 90 acres of designated green space, parks, playgrounds and pathways, and more than 60 acres of additional environmental reserve plus a 7 acre wet pond. Amenities are plentiful from shopping, schools and transit to entertainment and recreation. Various lots available.

Multi-level 2 bedroom townhouse located in Tatanga Ridge with spectacular views. The living room features a corner gas fireplace, large windows & a garden door that leads out to the deck with a gas bbq hookup. Perfect spot to enjoy the stunning vistas! The kitchen is huge with tons of cabinets along with a good sized breakfast nook that has a built-in desk area. Master bedroom with access to a large private deck, a walk-in closet and a 5 piece ensuite complete with double sinks, a jetted tub and separate shower. The 2nd bedroom is a walkout with access to a private patio. Lower level has a large family room, 3 piece bath and laundry room. $533,000 MLS #C3540288

Winston Heights-Mountview

Shaganappi

Why buy a condo when you can own a home. This cute bungalow is a great starter home for a first time buyer. Large lot 37.6’ x 125.7’ with lots of room in the back for a triple garage. Perfect development lot to build your dream home. Great location within walking distance to all amenities. $334,900 MLS #C3512639

Great location in Shaganappi - only 1/2 block to the new C-Train station, parks and playgrounds as well as Alexander Ferguson school.

Excellent opportunity to build your dream home on a huge 42’ x 145’ lot. Existing 900 sq. ft. bungalow. The lot has incredible potential and is elevated which would give you exceptional views of the city skyline. This is the perfect opportunity for builders! Property is mostly land value. $418,000 MLS #C3541093

Connaught

Southview

Welcome to the Wellington Estates, a secure well managed concrete building with heated underground parking. This one bedroom unit is located on the 10th floor with west exposure offering stunning views. Functional kitchen with plenty of cabinets and a spacious living room with a balcony. Located steps from Starbucks, Subway & more plus only a short walk to the restaurants and shopping on 17th Avenue, downtown and the new LRT. Note: Unit can be sold furnished (excluding the art). $229,900 MLS #C3540614

Charming bungalow situated amongst mature evergreen trees on an oversized lot in Southview. Over 1200 sq. ft. of living space. High ceilings throughout the home. Recently renovated bathroom.

Large south facing back yard which is perfect for entertaining.

Single detached garage and large driveway. Great location on a quiet street across from a park, close to schools and just 10 minutes to downtown. $284,900 MLS #C3543782

P: F:

403.249.4322 403.252.2653

E: W:

czaharko@rlfoothills.com www.zaharko.com

editor’snote

t

Helping you find

THE RIGHT HOME

R

he homeTRADER team always enjoys hearing from our readers, so please write to us and let us know what you think of the features and stories you’ll find ahead.

Much of what you’ll want to know about finding the perfect place to live is right here in this magazine. If you don’t find what you’re looking for, write to us and we’ll help get an answer from one of our experts.

One of our readers, Joelle, told us she always gets a copy of her favourite magazine from the yellow box at her local bus stop. It’s not only a great way to unwind, she says, but it also gives her a chance to catch up on her local housing options since she’s getting married next year.

We hope you will take us along for the ride too. Be sure to check out our website, homeTRADER.ca. Even more housing options, articles and features are ready and waiting. Helping you find a great new space to call your own is what we do best.

Let us know what you think of this issue. We’d love to hear from you!

Susan Legge EDITOR-IN-CHIEF, Wall2Wall Media, Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge

a

Lo wi en an

ccording to a recent survey conducted by Desjardins Group (desjardinslifeinsurance.com), most Canadians are sorely lacking in their knowledge of insurance products – including home insurance (please see story on page 38). Some of the main findings of the survey are as follows: » One-third of respondents have either chosen or refused a mortgage insurance product offered by a lending institution, without first assessing their finances or comparing costs with other products on the market. » Only 44 per cent knew that not all insurance policies come with surrender value.

Get informed

ABOUT INSURANCE

» Just 45 per cent knew that water damage is the most common type of claim filed by homeowners. » Close to 40 per cent of those with home insurance didn’t keep lists, sales slips or photos of their most valuable assets that would help them submit a claim in the event of a loss.

pr 15 bo fun wa tie Ro

Are insurance companies not doing a good enough job educating people about the importance of insurance, or are a lot of people just not that concerned? Maybe it’s a bit of both? Whatever the case, it seems clear that most of us have to start taking a more active interest in insurance if we want to protect our ourselves, our families and our homes.

In this issue of Resale Home & Condo Guide, we focus on home insurance and what homeowners need to know. Of course, reading about it won’t get you completely up to speed on the topic. To the mix, you’ll need to add research, financial planning and likely a meeting with an insurance representative. But it’s a good start.

Janine Druery EDITOR Janine.Druery@wall2wallmedia.com Follow me on Twitter at Twitter.com/JanineDruery

16 • ResaleHome&CondoGuide | Volume12 Issue11

bu fro of 2

Robert Cote ASSOCIATE BROKER

249-9500

www.robertcote.ca

The Eau Claire Realtor HOUSE OF REAL ESTATE

POINT ON THE BOW - $1,395,000 ABSOLUTELY INCREDIBLE VIEWS!!!

Location! Location! Extraordinary southwest corner location with absolutely stunning 11th floor views of the Bow River Valley!! Spacious 2438 sq ft open floor plan with large floor to ceiling windows providing plenty of natural light throughout. You’ll enjoy the 3 balconies with views, 3 gas fireplaces, 2 bedrooms + Den, 2 baths, ensuite with jetted tub, sep laundry room, titled parking & storage, concierge service and Spa Amenities. Nicely finished with hardwood & tile floors, french doors and granite countertops throughout. Outstanding views!!

THE LOOKOUT $539,000

LACAILLE PARKE PLACE - $384,900

The ultimate in +40 adult living located on quiet cul-de-sac street close to the Bow River, Pathways and Prince’s Island Park!

Absolutely immaculate like new condition located on prime northwest corner with views of Bow River and Peace Bridge! Fabulous 1536 sf open floor plan with 2 bdrms, 2 baths, lge tile entrance way, lge kitchen, bonus sunroom, balcony with views, gas fireplace, steam shower, jetted tub, large functional laundry room, built-in Murphy Bed and desk, vacuum system, ensuite, walk-in closet and underground titled parking & storage locker. Beautiful amenities include; Front Seating Area w/Fireplace, Social Room, Exercise Room, Steam Room, Library, South Facing Sundeck and carwash bay.

Welcome to “Lacaille Parke Place” an elegantly designed building with a beautiful entrance lobby, security/concierge service and underground carwash bay. This condo is perfect for that single executive looking to live walking distance to work or to use as a part time residence. Quality construction and finishing is evident throughout all common areas and the unit shows well with granite countertops, stainless steel appliances and tile/carpet flooring. You’ll enjoy the open floor plan, large bright windows, gas fireplace, spacious bedroom, insuite laundry, west balcony and views towards the Bow River and Peace Bridge. 737 sf, 1 Bedroom, 1 Full Bath, Titled Parking Stall and Storage Locker.

PRINCETON GRAND $1,425,000

CHATEAU LACAILLE - $449,900

Stunning condominium home with beautiful 2357 sq ft open floor plan, superb layout and gorgeous limestone tile flooring throughout.

Fabulous outdoor space w/2 west facing terraces and balcony. Many extra’s including built-in speaker system throughout, heated floors, built-in vacuum system and front entrance waterfall. lge bright floor to ceiling windows providing plenty of natural light and elevator door opens right to your suite! Includes 2 bdrms, 2 ½ baths, 2 gas frpls, 2 titled parking stalls and 1 large titled storage locker.

The luxurious Chateau La Caille.

Extremely quiet location along the Bow River in West Eau Claire that’s perfect for the downtown executive! Bright south facing 1147 sf unit with large master bedroom, den/ flex room, underground titled parking and storage, superb layout, open kitchen with eating area, south facing balcony with view, gas fireplace, spacious living room, large tile entrance, large full bathroom with jetted tub & shower stall and custom window shutters throughout. The ultimate in Downtown executive living!

D L O S

To View These Properties go to

D L O S

www.robertcote.ca

communities & mls numbers

N EY T STO RA I

L

Tuscany

Kincora

Country Hills Village

Hidden Valley

Citadel

Arbour Lake

Coventry Hills

L

I

Royal Oak

Panorama Hills

Country Hills Sandstone McEwan Glen Beddington

Hampton

Hawkwood Edgemont

Harvest Hills

DEER F OO T

Rocky Ridge

Evanston

C

R R Ranchland Scenic OW anc Estates h C Acres H I lan LD d TR Silver AIL Dalhousie Springs

TR A

zoneA

Simons Valley

Huntington Hills

Nose Hill Park

Thorncliffe

y

Hamptons ...........................................471 Hanson Ranch ....................................517 Harvest Hills .......................................514 Hawkwood ..........................................451 Hidden Valley ......................................518 Highland Park .....................................498 Highwood ...........................................499 Hillhurst ..............................................407 Huntington Hills.................................505 Kincora ................................................524 Lynx Ridge ...........................................488 Macewan Glen ....................................512 Montgomery .......................................476 Mount Pleasant...................................494 Mountview ..........................................490 North Haven .......................................500 Panorama Hills ....................................515 Parkdale ...............................................411 Point Mckay.........................................412 Ranchlands ..........................................441 Ranchlands Estates .............................442

18 • ResaleHome&CondoGuide | Volume12 Issue11

Hillhurst

Arbour Lake ........................................443 Banff Trail .............................................415 Beddington ..........................................508 Bowness...............................................478 Brentwood ...........................................420 Briar Hill ..............................................408 Bridgeland ...........................................400 Cambrian Heights ..............................496 Capitol Hill ..........................................414 Charleswood .......................................419 Citadel .................................................475 Collingwood ........................................418 Country Hills .......................................516 Country Hills Village...........................521 Coventry Hills .....................................520 Crescent Heights ................................404 Dalhousie ............................................422 Edgemont ............................................461 Evanston ..............................................519 Greenview ...........................................503 Greenwood Village .............................479

Briar Hill

West Hillhurst

ale

rkd

Pa

St. Andrew Hts

Tuxedo

Banff Mount Trail Capitol Pleasant Hill

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University Hts

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Cambrian Hts

Highland Park

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Varsity Village

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DA

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ood

A NA

tw

North Haven Highwo o

Co

NS C

en

sw

TRA

Bowness

Br

Gre

Valley Ridge

arle Ch

Varsity Estates Varsity Acres

Mountview

Rosedale Regal Terr/ Crescent Renfrew SunnysideHts Brid gela nd

Regal Terrace/Renfrew ........................402 Rocky Ridge ........................................484 Rosedale ..............................................406 Rosemont ............................................495 Royal Oak ............................................486 Sandstone............................................510 Scenic Acres ........................................432 Silver Springs ......................................430 St. Andrews Heights ...........................413 Sunnyside ............................................405 Symons Valley......................................477 Thorncliffe ...........................................502 Tuscany ................................................482 Tuxedo..................................................492 University Heights ..............................416 Upper North Haven ...........................501 Valley Ridge .........................................480 Varsity Acres ........................................426 Varsity Estates .....................................428 Varsity Village ......................................424 West Hillhurst .....................................410

• Top floor condo with den and a deck • 2 full baths with 1 with tub/ shower and 1 with walk-in shower • This price it won’t last long!

LAKE PROPERTY $ 214,900

• 3 gorgeous acres of bare land ready for your dream cabin or just bring in your trailer.

• Located right on the lake • Water well on site and has been tested to be 20 GMP (Fantastic) • Under 2 hrs. from Calgary

QUEENSLAND SE $ 339,900

OKOTOKS $ 449,900

cOOPERFIELD SE $ 329,000

PRIDDIS GREEN $ 339,900

• 3 bedroom and 2.5 bath • Master bedroom with walk in closet and a full ensuite • A double garage and a new fence • Check out this modern former show home

• Great size lot backing onto the 8th hole of Priddis Greens • Come with a builder or build yourself and build your dream home!

• Quiet cul de sac location just steps from a park for the kids • The water and sewage are taken care of by the community

RENFREw $ 464,900

McKENzIE TOwNE $ 539,900

Pierre SaloiS 403.710.4296

Jon SaloiS

403.803.4569 • This home looks great inside and out!

• 4 Bedrooms and 2 full bathrooms • Solid hardwood flooring incl. stairs, granite & fully finished basement.

• Prime commercial space right in the heart of Okotoks • With a large lot and great parking • Great potential! Check it out!

403-270-7601 rayriley@shaw.ca

• Cute 2 story, master bdrm with a sitting room & ensuite • The inside has been updated while keeping its charm, brick wall when you walk in.

• Nice sized yard, beautifully landscaped with a nice deck and garage • Minutes from down town, Check this property out!

• 2,100 SQ FT. fully finished with 4 bedrooms and 3 1/2 bathrooms • Basement fully developed, and large wrap around veranda • Home has a small town feel

Ray Riley

Call me today to arrange a private viewing.

Cranston $273,900

• 1006 sq ft • 2 Bedrooms • 2 Full Bathrooms • Top Floor • Elevator • BBQ Hook Up • Underground Parking • Air conditioning

Kevingrove $254,900

www.RayRiley.com

New Listing SW

• 1120 sg ft • 2 Bedrooms • 11/2 Bathrooms • Elevator • Walking distance to Chinook Centre • 20 to Downtown

www.thesaloishometeam.com

AIRDRIE $ 199,900

• Renovated • 2430 sq ft • 3+1 Bedrooms • 31/2 Bathrooms • Triple Attached Garage

Volume12 Issue11 | ResaleHome&CondoGuide •

19

homebuyers’help

The homebuyer’s checklisT Buying a Home | the first steps

selling a Home | the first steps

☐ arrange for a mortgage ☐ select a home inspector ☐ select a real estate agent ☐ select a lawyer

☐ select a lawyer ☐ select an agent – contract – negotiate commission ☐ assess the market value of your home ☐ renovate to increase the value of your home

after buying: ☐ home insurance ☐ warranties

staging for prospective buyers: ☐ clean (walls, doors, baseboards) ☐ store personal items ☐ clear clutter ☐ front yard – clean, no debris ☐ paint if needed ☐ kitchen ☐ bathroom

take-along quick reference key players agent’s name: phone number: email:

property: list price: property taxes/year:

broker’s name: phone number: email:

neighbourhood closest main intersection:

lawyer’s name: phone number: email:

elementary schools: high schools: hospitals: clinics:

inspector’s name: phone number: email:

shopping (supermarkets/malls):

reno expert’s name (1): phone number: email:

public transportation:

reno expert’s name (2): phone number: email:

distance from work/school: occupancy: heating:

nice to have:

condo amenities:

deal breakers: 20 • ResaleHome&CondoGuide | Volume12 Issue11

banks:

closest highway:

maintenance fees:

you love the home,

see whaT you can afford! use this guide to see if you’ll qualify for a mortgage on your dream home

1. Calculate the combined monthly before-tax income between you and your spouse.

2. Divide by three. This figure is the monthly payment you can afford to make on your home.

3. Take the total price of the home and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

4. Refer to the chart below. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers choose the 25-year amortization.)

5. Multiply this figure by the amount you need to borrow.

Divide by 1,000.

6. Add to this your estimated monthly heating costs and monthly property taxes.

7. If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home.

mortgage payment CalCulation Chart interest rates %

amortization periods 5 yrs

10 yrs

15 yrs

20 yrs

25 yrs

5.00%

18.84

10.58

7.88

6.57

5.81

5.25%

18.96

10.70

8.00

6.70

5.95

5.50%

19.07

10.82

8.13

6.84

6.10

5.75%

19.18

10.94

8.26

6.98

6.25

6.00%

19.29

11.06

8.39

7.12

6.39

6.25%

19.41

11.18

8.53

7.26

6.54

6.50%

19.52

11.31

8.66

7.40

6.69

6.75%

19.63

11.43

8.79

7.54

6.85

7.00%

19.75

11.55

8.93

7.69

7.00

7.25%

19.86

11.68

9.06

7.83

7.15

7.50%

19.98

11.81

9.20

7.98

7.31

7.75%

20.09

11.93

9.34

8.13

7.47

8.00%

20.21

12.06

9.48

8.28

7.63

8.25%

20.32

12.19

9.62

8.43

7.79

Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

CalCulate your mortgage payments monthly pre-tax inCome

+

spouse’s pre-tax inCome

divide by 3

=

affordable monthly payments

Chart figure

x

amount of mortgage divided by 1,000

=

amortization amount

amortization amount

+

estimated monthly taxes & heat

=

monthly payments

=

total pre-tax inCome

amount of mortgage (priCe – down payment)

Volume12 Issue11 | ResaleHome&CondoGuide •

21

morTgage raTes *rates subject to change without notice types VariaBle

6 mtH

1 yr

2 yr

3 yr

4 yr

5 yr

ATB Financial

2.750

4.450

3.200

3.550

3.950

4.390

3.940

Bank of Montreal

3.100

4.450

3.200

3.550

3.950

4.640

5.340

Bank of Nova Scotia

3.100

4.550

3.650

3.890

3.990

4.390

4.990

BMO

3.100

4.450

3.200

3.550

3.950

4.640

5.340

Bridgewater Bank

-

-

3.290

3.440

3.490

3.570

3.540

CIBC Mortgages

3.200

4.450

3.200

3.290

3.950

4.390

5.340

Canadian Western Bank

3.200

4.450

3.200

3.550

3.950

4.640

5.440

Canadian Western Trust

3.200

4.450

3.200

3.550

3.950

4.640

5.440

First Calgary Financial

3.000

4.000

2.390

3.350

2.990

3.290

3.290

First National Financial

3.000

4.450

2.390

3.550

2.990

3.390

3.490

HSBC Bank Canada

3.100

4.450

3.600

3.950

4.450

4.990

5.440

Home Trust Company

-

-

2.990

-

3.190

-

3.390

ICICI Bank Canada

3.050

-

3.150

3.650

3.640

3.690

3.440

ING Direct

3.000

-

3.090

3.150

3.190

3.250

3.490

Investors Group Trust

3.000

4.550

3.200

3.550

3.950

4.640

5.340

Laurentian Bank Canada

3.200

4.400

3.500

3.550

3.950

4.640

5.340

London Life

3.000

4.550

3.200

3.550

3.950

4.640

5.340

Manulife Bank

2.900

4.450

3.000

3.150

3.300

3.350

3.400

Manulife Trust

-

4.450

3.000

3.150

3.300

3.350

3.400

Meridian Credit Union

2.850

4.450

3.200

3.550

3.950

3.400

3.390

National Bank

3.200

4.450

3.500

3.550

3.950

4.640

5.340

-

4.500

3.250

3.550

3.650

4.650

3.950

President’s Choice Fin’l

3.100

6.040

3.140

3.200

3.240

3.300

3.540

Royal Bank of Canada

3.200

4.450

3.200

3.550

3.950

4.640

5.240

-

4.450

3.200

3.550

3.950

4.390

5.440

3.200

4.450

3.200

3.550

3.950

4.640

5.340

Peace Hills Trust

Servus Credit Union T-D Mortgage

Prepared by CANNEX on May 29, 2012. This information is current as of the date and time posted and is subject to change without notice.

Copyright 2012 CANNEX Financial Exchanges Limited. All rights reserved.

22 • ResaleHome&CondoGuide | Volume12 Issue11

Conventional: a borrower has a minimum

of 20 per cent down payment on the purchase of a home, or leaves at least 20 per cent of the home’s available equity when refinancing mortgage. under traditional conventional mortgage guidelines, a mortgage does not exceed 80 per cent of the home’s value. inSUReD oR HiGH-Ratio: allows a borrower a minimum of five per cent down payment when purchasing a home, or that the borrower leaves five per cent equity in a home when refinancing. under traditional insured/highratio guidelines, a mortgage does not exceed 95 per cent of the home’s value.

ZeRo DoWn PaYMent: the true “zero down payment” mortgage is no longer available as per the Canadian government legislation, however a “no money down” mortgage is obtainable via a “cash-back” or “flex-down” program through the lender’s insurer (i.e. CmhC, genworth and aig). program allowances are o.a.C. options oPen MoRtGaGe: allows a borrower to

make a lump-sum payment on the mortgage at any time without being subject to a prepayment penalty. typical open mortgages accompany higher interest rates than closed mortgages, however the open mortgage is ideal for those who wish to pay off a mortgage in a short amount of time or switch from a short-term mortgage (with higher interest rates) to a longer-term mortgage (with a lower interest rate).

CloSeD MoRtGaGe: ideal for the borrower who wants the security of knowing what their monthly payments are going to be from month to month or week to week. prepayment options usually accompany a closed mortgage, allowing the borrower to pay an allotted percentage of their mortgage back throughout the month and/or year. maximum flexibility of repayment (like the open mortgage described above) is not available on a closed mortgage. vaRiaBle MoRtGaGe: variable rates are not as secure in set payments are from month to month, as opposed to a closed mortgage. the attraction to the variable rate is that these mortgages work off of the prime rate of Canada. your “floating” rate is typically lower than the closed-mortgage rates, however your rate fluctuates with the prime rate of Canada.

Brian Currey applewooD - $289,800

CalgaryHomeSales.com SolD

glenbrook - $429,800

397 Citadel Hills 32 Elgin View SE 304-1805-26 Ave SE

penDing

• 1474 sq ft • 3.5 bath • Oversized Garage & Rear RV parking

• 2 Storey • 1050 sq ft well cared for home • 3 bedroom

oakriDge eStateS - $869,800

Springbank Hill $1,399,800

elbow valley weSt- $1,499,800

call For More inForMation!

lanD rural rockyview county $420,000- $509,250 • Fully Developed and updated 2902 sq ft • 3.5 bath/4 bedroom • Private south back yard

9 lot sub-division.

Country Meadows

• A luxurious 3964 sq ft • 2 story executive home in a private quiet location

call For More inForMation!

Thinking of selling your home?

CALL TODAY FOR A FREE MARKET EVALUATION brian@calgaryhomesales.com

(403) 259.4141

#10, 6020 - 1A Street S.W., Calgary, Alberta T2H 0G3

Alnoor Velji 403.560.3335

av2020@telus.net COMMITTED TO EXCELLENCE SINCE 1989

http://www.calgaryhometeam.ca # 1 Re/max office in the world* 1999-2010

*Based on Closed Transactions

Re/Max Real Estate (Central) • 403-216-1600 • 206, 2411 - 4th St NW, Calgary, AB, T2M 2Z8

ERIN WOODS I

307,500

$

CORAL SPRINGS I

Fully developed with 3 bedrooms on main level with suite down. Call now to view, before its too late.

BI-LEVEL SUITE PANORAMA HILLS I

www.calgaryhomesales.com WALK OUT 3600 SQ/FT.

659,900 WOW!, fully developed with over 3600 sq/ft, 4 bedrooms, 3 ½ baths, bonus room, 2 fireplaces, loaded with features galore, hardwood, granite, stainless steel appls, superb landscaping with concrete patio, professionally finished basement. Call now to view this beauty.

$

3700 SQ/FT - WALKOUT MARTIN CROSSING I

659,900

$

Wow, fully developed 2 storey walkout with lake access lot. 2600+1100=3700 sq. ft. 4+2 bedrooms, 3½ baths, loaded with features, hardwood, granite, formal Lvg/Din/Kitchen with nook, den and family all on the main floor, 4 bedrooms upper with full ensuite, basement finished with summer kitchen, big rec room, wet bar, and much much more.

Call now to view this beauty.

289,900

$

Fully developed 2 storey with 3+1 bedrooms, 2 ½ baths, new hardwood floors, shows like new and much more, call now.

Volume12 Issue11 | ResaleHome&CondoGuide •

23

JAMES COTE 703-0455 Certified Condominium Specialist 3rd Generation Calgary Realtor

To view these properties go to: www.jamescote.com HOUSE OF REAL ESTATE

KILLARNEY / GLENGARRY GREAT LOCATION & NEWLY RENOVATED!!

$319,900 Here’s your chance to own a beautiful condo in an adult only, concrete building in the sought after community of Killarney. Units rarely come up in this popular and well-run complex. This 2 bedroom, 2 bath second floor unit will impress with new kitchen, new hardwood floors and all rooms completely repainted. The open concept kitchen boasts new cabinets, granite countertops, under cabinet lighting and tasteful tile backsplash... all perfectly accented with brand new stainless steel appliances! Spacious master bedroom with walk-through closet and 4 pce ensuite. A large second bedroom, 3 pce bathroom and in-suite laundry/storage completes the package. Lots of mature trees surround the balcony for a peaceful setting. Comes with 1 underground titled parking stall and 1 storage unit. Building is 1 block from the Killarney Recreation Centre and Swimming Pool. Minutes to downtown & close to amenities, shopping and the new West LRT. This is a great opportunity!...DON’T MISS OUT!!

PANARAMA HILLS IMMACULATE HOME & QUIET STREET!!

$349,900 This beautiful 2 storey, 3 bedroom Jayman home is certified “Built Green” and is still covered under the Alberta New Home Warranty Program. This home is in pristine condition and is like new! The open floor plan has great flow and offers a complete use of your space. The main floor boasts gleaming dark hardwood floors, a large living room with a tile surround feature fireplace, dining room, 2 pce bathroom and an open concept kitchen with dark wood cabinets, stainless steel appliances and an “eating bar” island. Hunter Douglas blinds throughout the main floor. The upstairs has 3 bedrooms and a 4 pce bathroom. The spacious master bedroom has a walk-in closet and a 4 pce ensuite bathroom. South facing backyard with large deck and gravel parking pad with room for 2 cars. Quick possession is available so you can move in right away! Close to all amenities, shopping, quality schools, parks and the Cardel Centre. Don’t wait...put this “mint condition” home on your list!

KILLARNEY/ GLENGARRY URBAN CHIC CONDO!

$349,900 AMAZING LOCATION!!...and 2 HEATED UNDERGROUND TITLED PARKING STALLS!! Urban Chic condo with sleek, modern contemporary finishings. Walk in and be knocked out by the bright open space of this well layed out 2 bedroom home. The stunning kitchen boasts granite counter tops, stainless steel appliances, full height cabinetry and tile backsplash. Spacious living room with a huge picture window floods the room with light. Large Master Bedroom with a beautiful 4 pce. ensuite bathroom and a double sided walk-through closet. A good sized second bedroom, in-suite laundry, another beautiful 4 pce. bathroom complete the package. Right across from a huge park and the Killarney Pool & Rec Centre. Also close to shopping, 17th Ave, the new West LRT and only minutes to downtown.

This west facing unit is in “mint condition” and is vacant for a quick possession. Nothing to do, but move in and start enjoying your new life! Be sure to put this one on your list...it’s a “MUST SEE”!!

24 • ResaleHome&CondoGuide | Volume12 Issue11

yourhome

focus on reno projects that will add the most value

T

he fall season is traditionally a busy time for home renovations. As Canadians finalize their reno plans and projects, many will focus on projects that will add the most value to their home.

A recent BMO survey revealed that half of Canadian homeowners (51 per cent) plan to renovate in the next year, and are choosing projects with the greatest returns – a sign that consumers are taking a strategic approach to their reno investments.

“When planned strategically and with the advice of a professional, renovation projects have the potential to add significant value to your home,” says Laura Parsons, Mortgage Expert, BMO Bank of Montreal. “However, it is important for homeowners to consider the financial implications involved to avoid overextending themselves – regardless of the scope of the project.”

Parsons adds that renovation projects come in different shapes and sizes and can vary in return on investment.

BMO offers the following advice for Canadians considering home renovations: » Understand how a renovation will impact the value of your home by researching which renovations create increased value and are popular selling features. » Think long term when making financial decisions.

Whether you are using savings or borrowing to renovate, take the time to meet with a financial expert to ensure your renovation meets your long term financial objectives. » Expect the unexpected; be financially prepared for the unexpected such as a leaky roof, broken pipe or other course corrections that may occur during the project. » Get renovation quotes in writing and understand what guarantees they provide. For example, if the cost of the plumbing in your renovation is more work than expected, will the quote go up?

For more information, visit bmo.com.

D

lo w

Don Lothian

RE/MAX Landan Real Estate

lothianricerealestate@gmail.com www.calgaryrealestate.org

403.256.3888

Debbie Rice 102, 279 Midpark Way SE Calgary AB, T2X 1M2

$395,000

$519,800

s

n

s

BEAUTIFUL 3 LEVEL SPLIT IN SOUTHWOOD

GORGEOUS BUNGALOW IN SUNDANCE

Beautiful 3 level split across from green space with great access to the off leash parks and fantastic walking paths. The back yard is set up for entertaining with the lush landscaping and great patio space. Three spacious bedrooms with hardwood floors. The home is inviting as you step through the front door with a bright spacious living room and dining room with sliding doors to the back yard. This home is a great find in a mature neighbourhood close to all amenities

Beautifully and very tastefully presented updated bungalow on estate cul-de-sac in the heart of Lake Sundance!

Gleaming hardwood, clay tile roof, newer deck, maticulous landscaping, and upgraded finishing. An abundance of windows add natural light to this beautiful home. Open stairway leads to the professionally developed lower level with 2 spacious bedrooms, 3 piece bath and warm central rec room.

$539,500

$604,800

f

SPACIOUS 2 STOREY IN EVERGREEN

FANTASTIC BUNGALOW LOCATED IN LAKE BONAVISTA

Beautiful home backing on a future park and pathway system in new estate area! Granite counters and upgraded oak package. Professionally developed walkout. Tile roof, 2 gas fireplaces, laminate floors and oversized, finished garage.

Beautifully landscaped yard with glass railing on deck to take advantage of the park. Private lower patio. Large walk-in closet and 5 piece ensuite bath add to spacious master bedroom.

Fully and professionally developed bungalow in good location in Lake Bonavista. Bright and vaulted with skylighs and glass block. Unique open plan with split stair highlighted by beautiful oak railings. Gleaming hardwood, central air, heated floors in lower level and garage on boiler system that also heats the hot tub. . The back yard is to die for with huge stone patio, amazing, low maintenance, mature landscaping, sunny west exposure and no homes behind you.

For more information on current listings - or to chat directly anytime, please call Don or Debbie at 403.256.3888 or 1.800.661.6262

makeyourmove

Do your research and choose your mover wisely

by Da n Hopk i n s

W

hen it comes to moving, a little homework ahead of time can save a lot of headaches later on.

Face it – your “stuff ” is important to you, and you want movers who treat your furnishings and accessories that way.

Some items such as toasters and even sofas can be replaced if they are damaged, but other things such as family photos and

THORNBURN - AIRDRIE - $589,000 This home is simply amazing with extreme attention to detail. Some of the numerous upgrades in this home include beautiful ceramic tile floors, vaulted ceilings, ornamental niche’s, rod iron railing and a custom kitchen that is sure to please. In the Great Room a built in wall unit filled with shelves and cabinets surrounds one of two gas fireplaces in the home. The master bedroom is a peaceful retreat with a five pc. ensuite including jetted tub. you will love the convenience of the main floor laundry room with built in cabinetry and appreciate the office with lots of natural light. Downstairs the developed basement hosts a second bedroom, 4pc bathroom, and a storage/work room that could be developed into a 3rd bedroom.

Conte that h restau a balc walk t

RE

DU

CE

D

COVENTRY - $439,900 Excellent location! This lovely home is located on a large pie lot backing directly onto a private green space on a quiet kid friedly street. Open concept mainfloor includes: spacious front entry, living room/greatroom, gas fireplace, kitchen island with eating area and breakfast nook, patio doors leading onto two tiered rear deck. The 2nd floor includes: a light filled bonus room over the garage with vaulted ceilings and large windows, 2 spacious bedrooms and a master suite with a large ensuite bathroom and walk-in closet. Hurry, locations like this are very hard to find.

MIDNAPORE - $309,900

SHEEP RIVER - OKOTOKS $469,900

Nicely updated Attached (at garage only) home in popular Midpark Gardens and no condo fee’s! Updates Include: new windows, new shingles, new carpet, updated kitchen cabinets and stainless steel appliances. Full development includes 3 bedrooms upstairs with huge master bedroom, main floor has an eat in kitchen, dining room, and living room. Large basement den with closet could easily be 4th bedroom with window. Complete with rear fenced yard and large deck.

Priced for a quick sale, call today!

Fabulous executive home custom built by Dreamwest Homes. Terrific location on Large 971 m2 pie lot in quiet cul-de-sac close to sheep river walking trails and easy access to Calgary. This is a “SMART” home with remote control access in almost every room - watch movies or listen to music throughout the house(drop down big screen and all components included). Stunning brazillian cherry hardwood in main floor greatroom, custom tile, spacious gourmet kitchen with breakfast bar and large kitchen breakfast nook.

DAVID SETTER REAL ESTATE TEAM

34 • ResaleHome&CondoGuide | Volume12 Issue11

(403) 243-1755

www.davidsetter.com

4.75 This and

heirlooms are irreplaceable. At Two Men and a Truck, we know how critical it is to treat every move with complete respect for our clients and every one of their possessions.

When you shop for a mover, remember that the lowest bidder is not necessarily your smartest move. You want a company that has a track record for providing excellent service – with “service” being the key word. Customer service includes much more than the actual packing and transporting of your items; it starts with the first contact. You should be able to expect a pleasant, professional representative to provide you with an estimate that is well thought out and fair.

Service extends to promptness, cleanliness and thoroughness at both ends of the move. It also involves open lines of communication. Ask questions of the movers you are considering – and if they are reluctant to give you a straight answer, move on to others.

One of the best ways to find a mover is through word of mouth. Ask your friends, neighbours and relatives which companies they used and how pleased they were.

Another valuable resource is the Internet. Research moving firms and find out how long they have been in business. Find out if and how their workers are trained in the packing and transporting of goods. Ask what you can expect before, during and after the move.

You can also check with the Canadian Association of Movers (movers.net), which has a web page for consumers.

This trade association represents moving and storage companies and is aimed at helping customers connect with reliable, professional moving services. A look through the member directory and posted articles on this website is one more tool that can help in your search.

Moving can be one of the most exciting – and most stressful – times of your life. Hiring a mover who cares as much as you do about getting your possessions from point A to point B efficiently, economically and safely will reduce the stress and increase the fun. Your movers play an integral role in helping you adapt to your new surroundings.

If you are planning a move in the future, think ahead and start your research now.

The more comfortable and confident you feel in the mover you select, the smoother moving day will go. Customer service, walking the walk and talking the talk, is really what its all about.

Dan Hopkins is chief operating officer, Two Men and a Truck Canada. For more information visit the website at twomenandatruck.ca

SOLD VICTORIA PARK - $449,900

SPRINGBANK HILL - $1,299,000

vaulted es and you will eloped

Contemporary 1100SqFt +, 2 bedroom, 2 bath condo in Victoria Park’s Chocolate! The Chocolate is a modern concrete structure that has established itself as a premier building for the lively and fashionable professional in a community with many stylish restaurants, shops and cafes marking the streets. Floor-to-ceiling industrial steel framed windows revealing breathtaking views, a balcony with a gas BBQ connection, titled underground parking & insuite laundry/storage. All this right downtown and a short walk to all amenities. Call today for your private viewing, units in this building are highly desirable and sell quickly.

2.37 Acres of PRIME Development Land WITHIN CITY LIMITS, ready to develop now or in the future. This subdivideable lot currently has a raised bungalow. This well maintained home has 3 bedrooms and a fully developed walkout lower level with family room, recreation room. Ideal home to live in while you build your dream home on a portion of this acreage. Please contact us for all of the details.

SPRINGBANK HILL - $2,299,000

SPRINGBANKHILL - $2,299,000

e-sac ess in nents with

4.75 Acres of PRIME Development Land WITHIN CITY LIMITS, ready to develop now or in the future.

This subdivide able lot currently has a large 2 Storey home with a walk out basement, triple garage, and 2 barns. This is 1 of 3 parcels located side by side. Call today for all of the details.

4.75 Acres of PRIME Development Land WITHIN CITY LIMITS, ready to develop now or in the future.

This subdivide able lot currently has a large Bungalow with sunroom, fully developed basement, and an oversized detached double garage. This is 1 of 3 parcels located side by side. Call today for all of the details.

Because a Great Experience Begins with a Great Agent.

Volume12 Issue11 | ResaleHome&CondoGuide •

35

zoneB

TR

AI

L

DEER FO

OT

Westwinds

communities & mls numbers

Saddle Ridge

Calgary International Airport

Martindale

Taradale

e

idg

ler

st Ca

Coral Springs

Vista Heights

Horizon Ind. Park Whitehorn

Temple

Pineridge

Sunridge Rundle Ind. Park

16 AVE.

Abbeydale Applewood

McCall Ind. Park

Monterey Park

Falconridge

Forest Lawn Southview

e ok ro

Albert Park

nb

FondaForest Hts

Pe

Radisson Hts

Marlborough Franklin Park Mayland Ind. Park/ Meridian Heights Ind. ParkMarlborough

West Dover Dover Dover Glen

Erin Woods

Valleyfield Eastfield

Abbeydale............................................664 Albert Park...........................................730 Applewood ..........................................768 Calgary International Airport ............624 Castleridge ..........................................676 Castleridge Estates .............................678 Coral Springs ......................................688 Deerfoot/Skyline Ind Park ..................615 Dover ...................................................738 Dover Glen ..........................................736 Eastfi eld ..............................................748 Erin Woods ..........................................740 Falconridge ..........................................680 Fonda ...................................................726

Forest Heights .....................................762 Forest Lawn.........................................764 Franklin/Meridian Ind Park................630 Horizon Industrial Park ......................640 Marlborough .......................................660 Marlborough Park ...............................662 Martindale ...........................................682 Mayland Heights ................................600 Mayland Heights East ........................604 Mccall/Airways Ind Park ....................610 Monterey Park .....................................670 Parkridge Estates.................................671 Penbrooke............................................766 Pineridge .............................................668

36 • ResaleHome&CondoGuide | Volume12 Issue11

Radisson Heights ................................728 Red Carpet/Mountview Mhp.............770 Rundle .................................................666 Saddle Ridge .......................................645 Southview............................................732 Valleyfi eld ...........................................744 Vista Heights .......................................605 West Dover ..........................................734 Whitehorn ...........................................672 Stoney Industrial.................................625 Sunridge Industrial Park ....................635 Taradale ...............................................684 Temple .................................................674

s

GARY WILLIAMS • MATT WILLIAMS

REALTY PROFESSIONALS MOUNT ROYAL $1,995,000

MOUNT ROYAL $1,500,000

ELBOW PARK $1,295,000

RICHMOND PARK $669,900

SPRINGBANK HILL $519,900

• Opportunities Facing South Mount Royal Park Seldom Become Available • Comfortable, Livable Home With Cape Cod Curb Appeal, Renovate or Build Your Dream Home On This Wonderful Approximately 12,000 Sq Ft Corner Lot

• Interesting Opportunity Located On One Of The Most Beautiful & Quiet Locations In The Heart Of Mount Royal • Completely Re-built Structure For You To Complete • Call For A List Of Details. Interior Is At Frame Stage Only

• 9,365 Sq Ft Of South Facing Level Land With 75’ Frontage • Property Is Located On A Quiet Hill Top Street, Steps From The Elbow River, Minutes From Downtown & Within Walking Distance Of Excellent Schools

• Fully Finished Attached Home Offering 2,600 Sq Ft Of Developed Living Space With A Total Of 4 Bedrooms, 3.5 Baths & Sunny WEST Backyard • Open Concept Kitchen & Great Room Finished With Granite, Richly Stained Maple Cabinetry, Stainless Steel Appliances & Perfectly Planned Family Space With Stone Faced Gas Fireplace

• A Stunning 3 Bedroom & 2.5 Bath Family Home In Desirable Summit Of Montreux • The Kitchen Is A Entertainer’s Delight With Stainless Steel Appliances, Stained Maple Cabinets, & Island With Eating Bar • Open Concept Kitchen/Family Room With Gleaming Hardwood Floors, Gas Fireplace & Access To Deck & Fenced/Landscaped Backyard

BRAESIDE $195,000

BRAESIDE $193,000

ELBOW PARK

MISSION

CANYON MEADOWS

SOLD SOLD SOLD • Wonderful, Completely Renovated 2 Storey Townhouse With 2 Bedrooms • New Wide Plank Laminate & Carpet Flooring, Paint, Lighting & Plumbing Finishes.

• Galley Style Kitchen With Brand New Appliances, Cabinets, Counters & Glass Tile Backsplash

• Fully Renovated 2 Bedroom Bungalow Style Unit • Designed For Efficient Living, Featuring Open Concept Living/Dining/Kitchen Areas.

• NEW Paint, Laminate Flooring, Stainless Steel Appliance Package, Cabinets, Counters & More!

• Build Your Dream Home With A Sunny West Backyard • Prime 62.33’ x 125’ Private & Landscaped Lot With Original Bungalow With Addition • Picture The Valley Views From A 2nd Storey Build

CALL NOW FOR A FREE EVALUATION OF YOUR CALGARY PROPERTY

Remax House Independently Owned & Operated

• Beautiful & Elegant Riverstone 2 Bedroom Corner Unit With Marvelous City Views, Extensive Renovations (Including Kitchen), Fresh Paint, Hardwood, Granite & More! Shows 10/10!

• Two Titled Parking Stalls & Assigned Separate Storage Locker

• Renovated 2 Storey Townhouse Boasts New 7.5” Plank Laminate & Carpet Flooring, Stunning Stone Fireplace, Fresh Paint & New Lighting • Open Galley Kitchen With New Cabinets, Countertops, Stainless Steel Appliances & Glass Tile Backsplash!

• Great Location With Direct Access To Fish Creek Park & Walking Distance To The LRT

403.259.4141

C A L G A RY P R O P E RT Y F O R S A L E . C A

Rahim (R.D.) Dhanji (403) 837-8789

rd@remax.net w w w . R a h i m D h a n ji.c om

“Exceptional Service,Outstanding Results”

Altadore $1,199,900

• Brand New 3 storey infill, with over 4000 square feet of living space • Huge gourmet kitchen comes with a gas stove, built-in wall oven & microwave, dishwasher, and decorative hoodfan with slam-free high end cabinetry • Quartz countertops in the kitchen, all bathrooms, Bar, & laundry room • Entire 3rd level is the master floor which includes a huge bedroom with

downtown views, living room with a private deck, walk-in closet & shoe closet, 5 piece ensuite with a tiled shower (steam, body sprays, & 2 shower heads), jetted tub, & in-floor heating • Luxuries include: Home automation, glass railings, high end hardwood floors, skylights, air conditioning, upstairs laundry with sink, fully insulated double garage, & much more • Fully finished basement includes a huge recreational room, wet bar, bedroom, bathroom, & in-floor heating • Built by Prominent Homes Master Builder

Victoria Park $389,900

Country Hills Village $219,900

• 2 bedroom, 2 bathroom with underground parking • Over 1000 sq.ft of living space on 6th floor. Adult only building. Built in 2008.

• Luxuries include air conditioning, in-suite laundry (washer & dryer included), glass balcony with a gas hookup for BBQ, 9 foot ceilings, granite countertops, & much more • Common Recreational room includes: Exercise Room, Hot Tub, Sauna, Theatre, & a Games Room • Close to Shopping, Restaurants, Grocery stores, LRT is just steps away, Saddledome, Talisman Centre, 17th Avenue (Red Mile), and much more.

• 2 Bedroom, 2 Bathroom, 936 Square Feet • Master bedroom comes with walkthrough closet and a 4 piece ensuite bathroom • The kitchen has plenty of cupboard space and all the appliances are included • The unit also comes with in-suite laundry (washer & dryer included) • Brand new laminate flooring. Convenient first floor location. Quick possession available.

• Close to all sorts of amenities such as Schools, Shopping, Restaurants, Grocery Stores, Transportation, Cardel Place, library, Movie Theater, & much more.

Volume12 Issue11 | ResaleHome&CondoGuide •

37

insurance

Insurance products remain a mystery

to Canadian consumers

38 • ResaleHome&CondoGuide | Volume12 Issue11

A

recent survey conducted by Desjardins Group as part of its Personal Finance Index found that most Canadian consumers know very little about insurance products. To measure their general understanding of these products, eight personal money management questions were added to this year’s survey. The results indicated that: • Only 44 per cent knew that not all insurance policies come with surrender value.

• Just 30 per cent did not know whether their credit card came with travel insurance, whereas 32 per cent knew that it did but knew little about the coverage itself.

In terms of other types of insurance, a third of respondents have refused a mortgage insurance product offered by a lending institution, without first assessing their financial situation or comparing costs with other mortgage insurance products available on the market. And less than half of the respondents showed a real understanding of how they were protected by their home insurance.

These results indicate that there remains a gap in the public’s understanding of personal finance. We asked Reh Bhanji, an insurance expert from Desjardins Financial Security for his assessment. “Clearly, there is still much we can do as financial advisors to help Canadians improve their financial knowledge,” said Bhanji. “Of course, some people are uncomfortable to talk about money, but it actually can be fun. We have tools that help illustrate different scenarios which can help reignite a person’s enthusiasm towards their finances and insurance coverage. And it’s actually very important because it allows you to better manage life changes like a new addition to the family, a new home, a new job, etc.”

What’s the best way to start improving personal financial habits and to learn more about insurance? One way is to sit down with a financial advisor or an insurance representative to discuss your current life, health and disability insurance needs. A properly trained representative will then suggest a suitable product that offers the best protection. You may be interested in trying the online self-evaluation tool available on the Desjardins Group’s Co-opme Program website at desjardins.com/co-opme. And here are two brief descriptions of some life insurance products to help get you started: Permanent life insurance can be adapted to long-term goals and premiums can be paid as fixed amounts for the entire coverage period, in instalments or in full in a certain number of years.

Universal life insurance is very flexible and totally conforms to your needs because you can add or remove features and increase or decrease premiums at any time. The savings component can be accessed anytime, barring any restrictions attached to the investment type, making this an ideal emergency or retirement fund.

For more information about these and other insurance products, visit the insurance product section of the Desjardins Financial Security website at desjardinslifeinsurance.com. NC

Scott Merchant

Free, Online Home Finder Service

The Merchant Difference www.scottmerchant.ca Re/Max House of Real Estate 249-9500

Glenbrook Renovated 3 Bedroom Duplex! Glenbrook Duplex!

Hot new listings emailed daily... visit www.scottmerchant.ca and click on Free Home Finder

Great Starter in Copperfield!

Gorgeous Renovation in Oakridge!!

New Build in West Hillhurst

Great Opportunity to own a 3 bedroom duplex in Glenbrook under $250,000. Both sides are available and offer great cash flow for investors. 3 Bedrooms, 1.5 baths, updated furnace, parking for 2 cars, Close to Mount Royal University, shopping and transit.

Nicely Updated 3 bedroom Duplex in Glenbrook. Priced lower than most townhouses but without the fees! Features 3 Bedrooms, 1.5 Baths, Fully-finished basement dows, a Updated, flooring, paint bathrooms and furnace!

Parking for two.

Best priced single family home in Copperfield. 3 bedroom 2 storey with front veranda, large great room with fireplace, Huge kitchen. A Bargain at this price!!

Too many upgrades to list!

Gourmet kitchen, with granite counters, Stainless steel Appliances, New Hardwood Floors, Windows, doors, basement development, furnace, Huge double garage and RV Parking.

Across from park!!

Stunning home to be built by Gold Creek Builders Located on a south facing 40 x 120 ft lot.2891 sq ft home to be built with another 1500 in basement development. Floor plans and specs are available.

$249,900

$259,900

$309,900

$459,900

$1,500,000

For virtual tours and open house schedules go to www.scottmerchant.ca

Ken Yeoh

FREE Quick OnLine Home Evaluation

403.803.8981

www. mapleleafrealty .ca

Broker/Owner

SOLD

• • • • • • • •

Alteration services by professioanl seamtress 26 years of experience Owner retiring/moving out of town Selling existing stocks Wedding, grad dresses & accessories Minimum discount of 50% off Ideal for family business May provide training to potential buyer

• • • • • • • • •

Best priced 2 storey home 3-car attached garage & central A/C Total of 4 bedrooms & 2.5 baths Main floor den, laundry & 2-pc bath Large kitchen with island, pantry & nook Fireplace in bright family room Large master with walk-in closet & 4-pc ensuite Enjoy your BBQ in sunny south backyard Walk to golf course, school & shops

ASPEN WOODS

855,000

Magnificent 2 storey home Backing onto ravine & pond Formal living/dining room Large family room & den Sunny kitchen with island & pantry Full size Dura deck with glass railings Huge master w/jetted tub & shower Developed walk-out basement Fully landscaped w/underground sprinkler system

$

$

680,000

EDGEMONT • • • • • • • • •

SOLD

• • • • • • • • •

BRIDGELAND

259,900

• • • • • • • • •

$

$

65,000

CALGARY SOUTH

$

549,000

HAMPTONS

SOLD

Gorgeous custom built classic home Huge corner walk-out lot & quiet street High end Italian gloss tiles Large kitchen with breakfast bar Imported blue pearl granite countertops Great room with 18ft ceilings & fireplace Main floor den & laundry room Bright bonus room with vaulted ceiling Master with valley views & 6-pc ensuite

Super bright condo with in-floor heating Direct access to suite from spacious patio Spent over $25K of upgrades In-suite laundry & stainless steel appliances Granite counter tops with tile backsplash Maple cabinets & ceramic tile flooring Hunter Douglas custom window coverings Walking distance to D/T & close to all amenities Shows pride of ownership

HOT NEW LISTINGS

Updated Every Hour!

View addresses, days on market, mapping etc. www.mapleleafrealty.ca

Volume12 Issue11 | ResaleHome&CondoGuide •

39

Cresmont

TRA

zoneC

NSC

A NA

DA

HI G

H WA Y

Cougar Ridge

tte

Strathcona Park Aspen Woods Christie Park Signature Parke Springbank Hill Signal Hill Richmond Hill

R A IL MAC L EO D T

Pumphill

Canyon Meadow Estates Southwood Canyon Meadows

Oakridge

Palliser

Kingsland

Discovery Ridge

Wildwood Eau Claire Spruce West East Cliff Sunalta End Downtown Village Westgate Shaganappi Connaught Victoria Roscarrock Scarborro Park Glendale BankviewMount Killarney Royal o South or Calgary Glenbrook xb Elbow Ro Park CFB Currie Altadore/ Glamorgan Lincoln River ParkBritannia Elboya Park Windsor Park Bel AirMeadowlark Lakeview MayfairPark North LakeviewGlenmore Park Kelvin Village Grove Chinook Eagle RidgePark Oakridge Estates Bayview Haysboro Parkhill/ Mission Stanley Park Erlton

rs o Coach n Hill

Ru tla nd Pa rk Rich mon d

The Slopes

communities & mls numbers

Pa

SARCE E T R A I L

West Springs

Cedarbrae Braeside Woodland Woodbine

Shawnee Slopes Evergreen

Millrise Shawnessy

Bridlewood

Somerset

M ARQ UIS O F LORNETR A

Abbeydale............................................664 Albert Park...........................................730 Applewood ..........................................768 Calgary International Airport ............624 Castleridge ..........................................676 Castleridge Estates .............................678 Coral Springs ......................................688 Deerfoot/Skyline Ind Park ..................615 Dover ...................................................738 Dover Glen ..........................................736 Eastfi eld ..............................................748 Erin Woods ..........................................740 Falconridge ..........................................680 Fonda ...................................................726 Forest Heights .....................................762

Forest Lawn.........................................764 Franklin/Meridian Ind Park................630 Horizon Industrial Park ......................640 Marlborough .......................................660 Marlborough Park ...............................662 Martindale ...........................................682 Mayland Heights ................................600 Mayland Heights East ........................604 Mccall/Airways Ind Park ....................610 Monterey Park .....................................670 Parkridge Estates.................................671 Penbrooke............................................766 Pineridge .............................................668 Radisson Heights ................................728 Red Carpet/Mountview Mhp.............770

40 • ResaleHome&CondoGuide | Volume12 Issue11

L

L

Rundle .................................................666 Saddle Ridge .......................................645 Southview............................................732 Valleyfi eld ...........................................744 Vista Heights .......................................605 West Dover ..........................................734 Whitehorn ...........................................672 Stoney Industrial.................................625 Sunridge Industrial Park ....................635 Taradale ...............................................684 Temple .................................................674

Br

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How to protect your home

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against water damage

anada’s occasional severe weather means that basement flooding and water damage, unfortunately, can be common.

Damage from sewer backups is costly for homeowners, municipalities and insurance companies. Based on recent estimates, the Canadian insurance industry pays $1.32 billion each year in claims due to water damage.

Water damage can result in expensive repair bills. It can also ruin carpeting, furniture and electronic equipment, not to mention destroy priceless family photos and treasures.

Fortunately, there are steps you can take to protect your home and your property.

Inside your home » Move valuable items from the basement to upper floors. » Use water-resistant building materials below ground level. » Install a sump pump. » Install backwater valves or plugs for drains, toilets and other sewer connections. » Raise large appliances, furnaces, hot water heaters and electrical panels up on wood or cement blocks above the water level. If an item can’t be raised, consider anchoring it and protecting it with a floodwall or shield. » Anchor fuel tanks to the floor. A fuel tank can tip over or float in a flood, causing fuel to spill or catch fire. » Make sure vents and fill-line openings are above flood levels. If you use propane, contact the propane company before proceeding. » Install flood shields or built-up barriers for basement windows and doors.

Outside your home » Ensure proper lot grading. If possible, build up the ground around your house so water can drain away from your basement walls. » Check sidewalks, patios, decks and driveways to make sure they haven’t settled over time and are causing water to drain toward your house. » Clear snow away from the house foundation. If the ground is sloped one inch per foot near the house, moving snow just three to five feet from the house will reduce problems. » Keep water out of window wells. » Make sure downspouts extend at least six feet from your basement wall. Water should drain away from your house and neighboring homes toward the street, backyard or back lane.

More tips » Going away? If for more than three days, have someone check your property. In the winter, drain the plumbing or have someone check daily that the heat is still on in your home. » Store important documents and irreplaceable personal items away from flood-prone areas. » Keep hazardous materials such as paint, oil and cleaning supplies out of the basement. » Create an emergency plan, including an escape route and where you would go if your home was flooded. » Plan for your pets. They aren’t allowed in shelters due to health regulations, and if left behind, stressed pets may damage your house and endanger themselves. » Have an emergency preparedness kit to help you get through the first 72 hours of a disaster. Visit ibc.ca.

Volume12 Issue11 | ResaleHome&CondoGuide •

43

zoneD

Inglewood Ramsay

communities & mls numbers

Highfield

Manchester Foothills Industrial Park Ogden Lynnwood

Fairview

GLENMORE TRAIL Riverbend le R Map

Willow Park Willow Park Est

idge

Lake

Diamond Cove Douglasdale Estates Douglas Queensland Ridge

ta

avis

Bon

Lake Bonavista Estates

Midnapore

Shepard Industrial Park

Douglas Glen

Deer Ridge Deer Run

Parkland

D EERFOOT T R A I L

R A IL MA C L EOD T

Acadia

McKenzie Lake

New Brighton McKenzie Towne

Copperfield

Sundance

M A RQU IS O F LORNE T R A I L Lake Chaparral

Cranston

Auburn Bay

Seton

Acadia ...................................................215 Auburn Bay ..........................................365 Blackfoot Mobile Park .........................217 Chaparral ..............................................280 Copperfi eld .........................................355 Cranston ...............................................360 Deer Ridge ...........................................265 Deer Run ..............................................270 Diamond Cove .....................................252 Douglas Glen .......................................320 Douglas Ridge ......................................330 Douglasdale Estates ............................325 Fairview ................................................210

Foothills Industrial Park ......................340 Highfi eld..............................................205 Inglewood ............................................200 Lake Bonavista .....................................235 Lake Bonavista Downs ........................245 Lake Bonavista Estates ........................240 Lynnwood Rdg/Riverglen/Ogden ......300 Mahogany ............................................375 Manchester...........................................207 Maple Ridge .........................................230 Mckenzie Lake .....................................335 Mckenzie Towne ..................................345 Midnapore ............................................255

44 • ResaleHome&CondoGuide | Volume12 Issue11

New Brighton.......................................350 Ogden/Lynnwood................................305 Parkland ................................................260 Quarry Park ..........................................315 Queensland ..........................................250 Ramsay .................................................202 Riverbend .............................................310 Seton .....................................................370 South Hill .............................................306 Sundance ..............................................275 Willow Park ..........................................220 Willow Park Estates .............................225

Gleniffer Lake • Gull Lake • Sylvan Lake • Invermere/Columbia Valley • Okanagan Region • Vancouver Island

british columbia & alberta

Real PRoPeRties NOVEMBER 2012

Nanc

recproperties

Joint ownership can work...

if you do your homework

46 • ResaleHome&CondoGuide | Volume12 Issue11

SOOKE CENTRAL SAANICH SOOKE

Rawson suggests considering the following questions as a group before moving forward: Does owning a vacation property fit your lifestyle? In addition to the fun and leisure aspects of a vacation home it is important to factor in the time and cost involved in year-round upkeep. How will the property be used? If your dream is to own a ready-to-live-in relaxing hideaway while your co-owner’s dream of a northern DIY project, you may not see eye-to-eye when it comes to how you will be spending your weekends.

It’s important to think carefully about how much time you and your co-owners plan to spend at the vacation property. Will you be vacationing as a group, or do you want to trade off on weekends? Will one use the property more than the other? Will it be a 50/50 split?

Have you thought about what’s involved before you put it up for rent? While most Canadians buy a second home for recreational use, growing numbers are also buying for investment purposes. Determine in advance how you will split, and claim, the rental income. In the case of a vacation property that you intend to rent out most of the time, the lender may deduct the rental income from your total monthly debt payments when qualifying you for a mortgage. It is important to be aware that not all lenders will take rental income into account – a mortgage broker can advise you on this.

Guidelines for renters may also be a part of the discussion. “One of our co-owners and I were interested in renting the chalet while our other owner wanted to use the chalet for personal use only. We worked together to determine the format that would work best for all three parties,” Bhalla says. “For instance, we decided to have locked storage lockers installed so that we could leave items when we have renters.”

Can you afford the financing? While it certainly helps to go in with a co-purchaser, you want to be sure that your waterfront property isn’t putting you under water. Seek independent advice on what size of mortgage you can reasonably handle – a mortgage broker can arrange a mortgage pre-approval, which will give you a clear price range.

Bhalla notes that there are other issues to consider when arranging financing. “At first we thought that all three owners should apply for a mortgage,” he says, “but after consulting our Invis mortgage expert, we realized that only one individual should apply. We avoided being turned down for a mortgage because of this piece of advice.”

“The bottom line is that emotion shouldn’t trump common sense when it comes to buying vacation property,” Rawson suggests. “Buyers need to do their mortgage homework, and the advice of a mortgage broker can help them get the most for their vacation home dollar.”

MALAHAT

other owners will have to decide jointly on everything – from when maintenance or urgent repairs need to get done, to shopping for common supplies.”

SOOKE

W

ith winter closing in, thoughts start to turn to lapping waves, crackling campfires and tranquil forests. It’s the time of year when summer house, cabin or beach house fever starts to take hold.

But the sunny dream of owning a vacation home may be dampened by the reality of property prices in many of Canada’s popular vacation destinations, plus the usual home-ownership expenses such as a mortgage, utilities, and taxes. Sharing these costs via joint ownership, can be a way for families or friends to buy a place that still feels like their own.

“The only way we were able to realize our dream of owning a chalet in Whistler was by splitting the purchase price and ongoing costs,” says Rishi Bhalla, a Vancouver resident who bought a ski home with his brother and another friend. “By purchasing the property together we are able to afford the type of place we wanted and can share the maintenance expenses. None of us could have done it on our own.”

However, before making the leap into co-ownership of a recreational property, buyers must be sure they really understand the ins and outs of shared ownership.

“Before deciding to split the purchase with relatives or friends, having the right mix of personalities is key to a long-lasting arrangement,” cautions Jim Rawson of Invis, one of Canada’s largest mortgage brokerage firms. “You and the

SOOKE

SOOKE

ISL

See

N

Nancy Vieira

Nancy Vieira Right

9/11/09

3:29 PM

Page 1

Call Nancy Direct (250) 514-4750 for Victoria & Southern Vancouver Island

SOUTH COAST PARADISE FOUND

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SOOKE

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SOOKE

MONTHLY PAD RENT $455

249,900 3 bed/ 2 bath Timber Chalet

SOOKE

$

SOOKE

$

119,900 2 bed/ 1 bath Beachfront Condo

$ Located in a coastal temperate rain forest, Sooke enjoys some of the mildest weather in Canada. "Nature at Your Doorstep" with west coast salmon fishing, whale and sea life watching, bird watching right at your doorstep.

The Juan de Fuca Trail, West Coast Trail, beautiful west MONTHLY FEE $214 coast beaches: China Beach, Mystic Beach, Botanical $ Beach are all within a short hike or drive. Come Experience the Pacific Coast surfing at Jordan River and Sombrio Beach. Unlimited natural sightseeing or just relax and unwind! Less than one and half hour scenic drive to BC's capitol city, Victoria: Butchart Gardens, museums, music and arts festivals, world-class shopping and dining. A short 20 minute drive from the small town of Sooke for dining, Art Galleries, Spas, grocery shopping, services, and the world famous Sooke Harbour House. $ Within 1 1/2 hours drive to numerous golf courses: Olympic View, Bear Mountain and Oak Bay. Get your piece of west coast paradise.

189,000 1.4 Acres within 10 minute walk to French Beach!

275,000 3 bed/ 2 bath Half Duplex

279,900 Ocean View Lot 0.39 acres $

DUNCAN

CENTRAL SAANICH

NO MONTHLY FEES!

MONTHLY FEE $275

PRIVACY

STEPS FROM THE OCEAN SOOKE

Panoramic mountain views! 1.43 acre property with welcoming Kio pond & beautifully fenced garden. Level entry custom built, stunningly beautiful home with open plan, 10 ft ceilings, solid oak flooring & gourmet kitchen. Spacious master on main boasts ensuite with luxurious soaker tub & separate double shower.

549,900 4 bed/ 2 bath .61 Acre $

$

SOOKE

SOOKE

555,000 3 bed/ 2 bath 9.12 Acres 799,900 PRICELESS TREASURE OFFERED!

$

PLUS a 2-bedrm In-law and many extras in quiet and picturesque surroundings.

High quality finishing, open floor plan-car garage plus ample driveway, landscaped lot, 2 decks & patio, skylights, plus so much more.

Ocean View 2.83 Acres

Your own Private Park in your back yard! Just about an acre (.89) Steps from the ever changing Whiffen Spit Park. Lots of land for farm style gardening. Towering fir trees lead into a quiet glen where you find a private fire pit and an area to build a small cottage for your guests! RV, Boat or Yacht fit can easily fit!

$

649,900 LEVEL ENTRY RANCHER WITH WALK-IN BASEMENT $599,900 - 614 Parkway Place,3Colwood 3 bed/ bath

525,000 5 bed/ 5 bath Fully Fenced 1.01 Acre

$ $499,900 - 7062 Richview Dr, Sooke

SOOKE

MALAHAT

SOOKE

$ Seedtree, Sooke $599,900 - 681 399,900

3 bed/ 1 bath Cabin and Moorage on Riverfront

$299,900.

Top Floor Condo 2 Bed/ 2 Bath Over 1400 Sq. Ft.

$349,900 - 7230 Sea2Cliff, East Sooke bed/ 3 bath

Tranquil views of Whiffen Spit & Sooke Harbour from this .26 ACRE sunny south oceanfront lot. The Silver Spray Development has wonderful plans which will only increase your investment. City water & hydro at lot. Southern tip of Vancouver Island.

Ocean Views 2.56 Acres

Nancy (250)514-4750 See Call Photos andDirect Virtual Tour of Properties at www.nancyvieira.com

Nancy VieiraVirtual tours at www.nancyvieira.com • info@nancyvieira.com •Toll Free 1.800.665.5303 Nancy Vieira

Victoria 250.384.8124 • West Shore 250.478.9141 • Sooke 250.642.3240 • Cobble Hill 250.743.3838

Virtual tours at www.nancyvieira.com • info@nancyvieira.com • Toll Free1.800.665.5303 Victoria 250.384.8124 • West Shore 250.478.9141 • Sooke 250.642.3240 • Mill Bay 250.733.0770

out of town

regional map

27 766

22

Didsbury

2A 562

2 Carstairs

Cremona

806

581

Carbon

575

Crossfield

72

766 772

22

567

Airdrie

9

Irricana

567

Dalroy

791

Chestermere

CALGARY

68

22

791

Standard Hussar 1

549

Blackie

23

542

Milo

24 842

540

Cayley 22

Bassano

842

High River

541

Cluny

547

2A

Longview

547

Arrowwood

7

543

Gleichen

Mossleigh

797

549

Okotoks

817

Carseland

552

561

22X

Dalemead DeWinton

Black Diamond Turner Valley

Lyalta Strathmore

569

Shepard 22X

534

Vulcan 531

Nanton 2

533

527

520

48 • ResaleHome&CondoGuide | Volume12 Issue11

56

842

564

564

Langdon

8 Bragg Creek

840

Rockyford

Keoma

566

Delacourt

Bearspaw 1

21

Katherine

Balzac

Cochrane

1A

Acme

Beieker

574

Champion

529

Stavely Caramangay

Claresholm

520

Professional Service Professional results

Glenbrook Townhouse

$188,000

• 2 storey • 3 bedroom • FREE CONDO FEES FOR 6 MONTHS

Bankview Condo

$219,000

Crescent Heights

409,000

$

• New Walnut Floors • New Kitchen with maple cabinets, granite, • stainless steel appliances

• Amazing City views • 2 bedroom corner unit

Hidden Valley

Airdrie 2 storey

$

$

• Great Value • Developed Basement • Like new condition

• 1414 sq ft • Large deck • Dark maple kitchen

349,900

329,000

Want to sell your rental property?

One call does it all

Dean Benoite Real Estate Broker, Investor, Landlord

403.835.4904

403.835.4904

Buy or sell a home with me and you are entered!

One of my clients is going to

WIN A NEW CAR! Draw date is Dec 21, 2012

Win a car promotion being offered

by Precision Real Estate * Not intended to solicit properties currently under contract.

deanbenoite@gmail.com

www. DeanRealestate.ca

featureproperty

Fabulous renovated bungalow in sought-after

Mayfair

B y H e at h e r R ya n

Enjoy the fabulous features and finishes of a new custom built home with all the benefits of living in an established, mature community with this absolutely stunning bungalow in southwest Calgary.

This completely renovated, immaculate, four-bedroom home gives you the unique opportunity of owning a “new home” in the highly sought-after community of Mayfair.

“This is a pretty spectacular home,” says Dianne Brown, realtor with Re/Max Landan Real Estate who is listing the property. “The home has been redone right from the studs so it’s like getting a new home, in fact better than new because the builder is a finishing carpenter and was on the site working and supervising the trades every day making sure every detail was attended to.”

The result is a magnificent home with gorgeous customcrafted built-ins and top quality, upscale features and finishes such as charcoal-toned hardwood flooring, exposed beam ceilings, custom Hunter Douglas blinds (some with remotes), heated tile floors in the bathrooms, Kohler fixtures and lighting on the stairs.

Stepping inside this 1,820-sq.-ft. bungalow you’ll see a custom-crafted, free-standing closet in the foyer and directly across is a free-standing, floor-to-ceiling cabinet that acts as subtle separation between the entry and the great room and kitchen area, ensuring some privacy while maintaining the open floorplan. The cabinet also provides storage on both sides and blends in seamlessly with the other cabinetry in the home.

A dramatic, open beam, vaulted ceiling and an abundance of huge windows ensure the main living space is bright and open. The great room is highlighted along one wall by a gas fireplace, built-in cabinet and large TV or picture niche surrounded in stone. Across from it is an expansive dining room ideal for hosting dinner parties or large family gatherings.

The delectable gourmet kitchen features custom dark maple cabinetry, quartz counter tops, flat-surface island with breakfast bar seating, three-dimensional stone backsplash that matches the stone work around the fireplace, valance lighting and professional line stainless steel appliances, including a built-in wall oven with microwave above and gas stove.

Garden doors between the kitchen and great room lead to large deck crafted with low-maintenance Duradeck, and a private sunny, south-facing yard.

The master bedroom provides a welcoming retreat with “room for king-size furniture, his and hers walk-in closets with organizers and a luxurious, spa inspired five-piece ensuite with jetted soaker tub, long vanity with dual sinks and separate walk-in shower,” Brown says. “The second bedroom easily provides room for a queen bed, has a walk-in closet and a four-piece ensuite.”

The main floor also features a charming half-bath with vessel sink and a laundry/mud room off the garage with builtin bench and cabinetry.

Homeowners will adore the fully developed basement that features a bright, open design with full eight-ft. ceilings, another full laundry with built-in counter, two generous-sized bedrooms and a full bathroom with soaker tub.

At the bottom of the stairs is a den area with built-in desk and cabinetry and around the corner is an impressive family room with an incredible wet bar featuring built-in wine fridge, dishwasher and an assortment of cabinets. There is also a builtin entertainment centre, a corner gas fireplace surrounded in stone and another custom cabinet for additional storage.

The home comes with new electrical, plumbing and mechanical, LED lighting, low-E Argon windows and a security system.

It also features a new acrylic stucco/stone exterior with new soffits and shingles, new tongue and groove cedar fencing, new triple-car attached garage that has been insulated and drywalled and all new landscaping with sprinkler system.

This gorgeous home will be ideal for families, couples who love to entertain, or empty-nesters.

For more information about this listing and others offered

by Dianne Brown at Re/Max Landan Real Estate, visit diannebrown.ca or e-mail realestate@diannebrown.ca.

marketanalysis

Real estate activity in Calgary

outpacing last year B Y H E AT H E R R YA N

W

hile residential sales in September fell short of matching the numbers registered in August, activity in the city of Calgary continues to outpace last year, according in figures released by the Calgary Real Estate Board (CREB®).

Combined residential sales – single-family homes and condos – were 1,617 in September, a 6.3 per cent decline from 1,725 posted in August, but up 10.7 per cent from last September’s 1,461 in sales. After the first three quarters of the year, combined residential sales within city limits totalled 17,018, a 15.2 per cent increase over the 14,775 in sales recorded in the first nine months of 2011.

Single-family sales in September in the city of Calgary were 1,132, a 9.4 per cent hike over September 2011’s 1,035, but down 3.2 per cent from the 1,169 sales in August.

Condo sales in the city of Calgary followed the same track as single-family homes in September. Condo apartment sales totalled 276 in September, a 16.95 per cent increase over the 236 sales recorded in September 2011, but a 12.4 per cent drop from August’s 315, and condo townhome sales were 209 in September, a 10 per cent gain over last September’s 190 total, but a 13.3 per cent decline from the 241 sales in August.

“September was a bit slower than expected, we typically see more activity as people are looking to buy now to move in before Christmas,” says CREB® president Bob Jablonski. “But overall we saw good activity in the market and Realtors I’ve talked to are happy to see a normal market for a change.

“I think the change in the mortgage rules may be having a bit of an impact on sales as some people have to wait a little longer to save before they can buy, but overall we’re seeing steady sales activity and pricing,” he says. “We’re certainly not going through a correction in the market that other big cities are experiencing.”

For the first time in months, the number of new listings added increased in month-to-month comparisons

in September in two categories, “but the inventory is still down overall this year, which does have an impact on sales,” Jablonski says.

“People who are seeking affordability or can’t find what they are looking for in Calgary are turning to the surrounding towns,” he says. Residential sales in the towns were 418 in September a 35.3 per cent hike from last September’s 309, and year-to-date sales total 4,110, up 41 per cent from the 2,914 in sales recorded by the end of September last year.

The number of new single-family homes listings added in September totalled 1,888, up 4.1 per cent from August’s 1,811, but down 18 per cent from the 2,303 new listings added last September.

Meanwhile, new condo apartment listings added in September were 495, up 6.3 per cent from the 464 in August, but a 8.5 per cent drop from the 541 recorded in September 2011, and new condo townhouse listings in September were 297, down 4.2 per cent from the 310 added in August, and a 17 per cent drop from the 358 in September 2011.

While sales were down from August, the MLS Home Price Index benchmark price rose in all areas in year-to-year comparisons. The benchmark price for single-family homes in the city of Calgary in September was $432,900, an 8.2 per cent increase over the $400,100 price in September 2011 and a slight bump up from $432,600 in August.

The benchmark price for condo apartments in September was $249,300, 3.8 per cent higher than last September’s $240,100 and a notch above the $248,700 in August, while condo townhomes’ benchmark price was $277,700 in September, up 2.3 per cent from September 2011’s $271,600, but a slight decline from August’s $278,200.

“We’re seeing a nice, steady increase in prices,” Jablonski says. “Nothing dramatic but we’re seeing prices recover from the past few years and a return to a more normal market.”

RICHARD KIM RE/MAX HOUSE OF REAL ESTATE WATERMARK AT BEARSPAW, 300 SPYGLASS WAY • $2,150,000

246 ROYAL ELM RD NW • $399,900

• Stunning new estate home • 4139sf plus a fully finished basement • 5 full and 1 half baths • 4 car oversized attached garage • Top-of-the-line finishings throughout • Alberta New Home registered builder

• Wonderful location across from the ravine • 1550 sf 2 storey home • Upper floor bonus room with fireplace • Double attached garage • Fully landscaped and ready to move in • Enjoy the deck overlooking the ravine

915 38 AVE SW ELBOW PARK • $1,250,000

2435 CORTINA DR SW • $784,000

• Beautifully renovated top to bottom • 1123 sf bungalow, total 4 bedrooms • Walk to Elbow Park School • Triple detached garage with paved alley • 50’x125’ lot with south back yard • Move-in condition

#102, 5740 2ST SW, MANCHESTER. OFFICE CONDO FOR SALE • $675,000

• Backing a peaceful wooded green space • 2371 sf plus a fully finished walkout basement!

• Stunning home featuring granite, hardwood, etc • Newly renovate walkout basement • 2 storey great room with views!

315 LANSDOWN ESTATES CHESTERMERE • $779,900

• Over 2000sf main floor office condo • Configured with 7 offices & open area • Mens and ladies washrooms and storage • Includes 4 parking stalls and visitor parking • Ideal for professional corporation • Walk to Chinook C-train

ELBOW PARK - 1119 38 AVE SW • $1,175,000

• Over 2 acres of privacy • Less than 10 mins to city limits • Walking distance to the lake • 2658sf plus a fully finished basement • 3 bedrooms up plus 3 more in the basement • Oversized double garage • Gorgeous tree lined pie lot

2912 TORONTO CRESENT NW • $2,225,000

• Sunny south back yard • Oversized 65’x 125’ lot • Over 2000sf above grade • 4 bedrooms plus 2 down • Double attached garage • Exceptional redevelopment site!

C

403.616.0734 ♦

W

www.richkim.ca

E

richard.kim@remax.net ♦ #20, 2439 - 54th Ave. S.W. Calgary, AB T3E 1M4

• Highly sought after ridge location • Spectacular views!!!

• 3170 sf plus 1272 sf lower lever • Single attached plus double detached garage • Top-of-the-line finishing’s • Still time to pick your colors

F

403.476.5200 House of Real Estate Independently Owned and Operated

www.facebook.com/CalgaryCondoRealtor www.twitter.com/CalgaryCondoRealtor

www.ripco.ca

1% of Royal lepage in canada

Top

Colors in Victoria Park

Ph: 403.245.4477 $659,000

toll free: 1-800-741-5741

I like London Phase 2

$399,900

•• 2 Storey Penthouse unit •• 2 bedrooms 2 full baths •• 25ft West Facing patio with great views •• AC, built in speakers, 2 indoor parking.

Westmount Place

$288,888

•• Phase II of London at Heritage Station •• 2 bedrooms 2 Full Baths 1126 sq ft •• Stunning mountain views from the interior of unit •• Single Indoor Parking, Ensuite Laundry, Like New

Princess Crossing in EauClaire

Downtown West End

$308,888

Ranchlands Townhouse

•• Updated 1 bedroom + den •• 62ftx22ft patio great for entertaining •• Hardwood flooring, SS appliances, •• Ensuite Laundry, Underground parking

Killarney 2 bedroom

$299,900 •• Spacious west facing 2 bedroom.

•• Granite & SS Appliances.

•• Concrete building built in 2009 •• Short walk to new LRT station

Lu

Lu

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•• •• •• ••

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$194,900 •• 18+ adult complex.

•• 2 bedrooms 1 bath •• Laminate flooring, Updated kitchen, •• Singl parking stall •• Walk to transit and Crowfoor shopping center

Dorchester Sq $269,900

i

$429,000 •• Completley renovated 2 bedroom •• Granite, Hardwood, Ensuite laundry •• River Views to the north •• Spacious living & dining room •• Front desk security, under grnd park

•• Updated 1 bedroom + den •• Over 1200 sq ft and insuite laundry •• Spacious living and dining room •• Pool, Full time security, Billards, 1 Under grnd Prk

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Cr

55+ complex $219,900

20

• Main Floor 2 bedroom suite • 875sq ft unit with Parking • Excersise & Party room • Close to shopping and transit

• Glenmeadow Gardens a highly sought after 55+ complex • 2 bedroom converted into a 1 bedroom • Spacious living room & dining room.

• Main floor unit & Underground parking

•C •G •C •L • T r S

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www.calgarycondopros.com www.luxurycalgaryhomes.ca www.facebook.com/TeamRipco www.twitter.com/JohnHripko

it’s about partnership...it’s ™ about connections.

Luxury Homes

residential

Luxury Home in Currie Barracks $2.250,000

Elbow Park

condos $3,498,000

Taradale

investments $349,900

relocation

New in Springvalley $1,495,000

ion

from nit or uite New

• 3,333 sq ft Arts and Crafts style home • Gourmet kitchen with professional appliances • Backing onto a massive private mature green space • Double Detached garage. Only Mins to Downtown.

• Custom built by Empire Homes • Contemporary floor plan • Still time to choose your finishing, colours and details • Call for full specifications & Floor Plans.

• Well maintained 4 level split • Walkout level family rm with gas FP • 3 bedrooms and 2 full baths • Double garage with attic storage • Quiet location close to park

• Modern, innovative design concept, wrapped in old world curb appeal • Amazing Montain Views to the West.

• Triple car garage • Walkout to the main level West Coast Style.

Luxstone in Airdrie

Elbow Park

Currie Barracks

Killarney Infill

$434,900

0

dry o

$5,590,000

sold

CalgAry’s highest selling property in 2011

$2,498,000

$679,900

•• Fantastic home backing onto Pond •• 1764 sq ft s Storey •• Fully Developed walkout basement •• Amazing backyard and landscaping

• Extraordinary custom built • Oversized lot in com. of Elbow Park • Approx 9200 sq ft of living space • Premium appliance package incl.

• Fully Fin Basement 5 bedrooms

•• Backing directly onto a beautiful large mature green space •• Sprawling 2 storey feels like a lofted bungalow •• Over 3200 sq ft of developed space •• Luxury furnishings from top to bottom.

•• Triple attached garage.

•• Built in 2003 but shows like new.

•• Spacious master with spa like ensuite •• Very private backyard.

•• Great lower development with guest bdrm

Meadowlark Cr SW

Elboya

Springbank Hill

Brand New In Bearspaw $2,250,000

$875,000

$2,175,000

$1,450,000

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• Fully updated 2000+ sq ft bungalow • Family sized living room with wood fireplace • Fully finished basement • Double attached garage Crecent Heights Asking

• Contemporary 4500 sq ft 5 bedroom executive home in the heart of Elboya • Gourmet kitchen with side by side SS fridges • Double dishwashers,Tons of counter space, storage in this modern kitchen • Amazing back yard with 24x20 double detached garage $11,500,000

•• 8000sq ft Uber Luxury home on 0.56 of an acre •• Panoramic 360 degree view of Downtown & Mountains •• Guggenheim inspired rotunda and curved staircase •• Roof top patio with hot tub.

•• Once in a life time opportunity

• Exciting front walk-out bungalow • Kitchen opens to a private Lanai with fireplace and BBQ hookup • Elevator provides easy access from the walkout level • Heated 3 car garage with side drive

• Brand New under construction • 5500sq ft + walk out basement • Amazing Mountain & Valley views • To many upgrades for this small space

Elbow Park

Calling Horse Estates $1,195,000

$3,280,000

• Custom built by Empire Homes • Contemporary floor plan • Still time to choose your finishing, colours and details • Call for full specifications & Floor Plans.

• 2900 sqft 4 bedroom home • Fully Finished lower walkout basement.

• Triple attached garage.

• Only mins to the city limits.

20 Wintergreen Backs onto 18th Hole at Wintergreen Golf Club. $1,450,000

Mount Royal

$8,500,000

• Custom built timber framed inspired executive residence • Gated community backing onto a private treed yard with large pond & running creek • Cathedral ceilings, solid timbers, stone fireplace with raised hearth, gourmet kitchen • Lower front walkout level offers two additional bedrooms • Triple Attached garage, Oversized footings, Logix insulated concrete with Engineer’s Stamp, slab heating, emergency generator and more.

• Like new 12,000 sq ft with 11,500 sq ft finished. 2 storey walkout with indoor pool • Nestled in a heavily treed half acre premiere lot in the heart of Mount Royal minutes to trendy 17th Avenue and the core of the downtown business district • This property is reminiscent of a chalet in Whistler or Vail and could be described as an executive post-and-beam mountain style estate in the heart of the city