What’s on Your Roof?

Jared Chamberlain video blogs about the difference between BC cedar shakes and Alberta cedar shakes. If you would like to comment or don’t care for his thoughts, you can email him at jared@tcgroup.ca
http://www.chamberlaingroup.ca

79 Valley Crest Close NW

79 Valley Crest Close NW

View Virtual Tour of Home

Here is a beautiful home which is truly immaculate that backs onto a green belt. The green belt once completed will be 50 ft wide from fence to fence.  This home is one that you will fall in love with. The main level boasts an open floor plan, designer colors and a den that has a built in desk and bookshelf’s. The kitchen is a dream as you have upgraded appliances and full height upper cabinets. The bonus room upstairs is of good size and makes the perfect entertainment room. There are three bedrooms up with the laundry room upstairs as well. The master bedroom is a true retreat with a large walk in closet. This home is also complete with the basement being fully developed with a open rec room, a bedroom and a 4 piece bathroom. You are sure to enjoy the stars as it truly gets dark out here from your own hot tub. The yard is low maintenance with a large deck and dog run. Call Today. There is a new development happening behind this home. You can find out more about this below…

Valley Pointe Estates.ca is the new development that is happening behind this listed home.

Below is a map of the new community and how it will look.  If you have any questions about this development or the exact location of 79 Valley Crest Close NW, please contact Jared Chamberlain at 403.999.9694.

Click on map to see larger view…

Extra Homework!

Jared Chamberlain video blogs about doing extra homework or due diligence when looking into a new home, existing home, rental properties or any type of investment. If you do or don’t care for Jared’s comments please comment below or email him at Jared@tcgroup.ca

RE/MAX Housing Outlook 2010 – Calgary Alberta

While economic concerns dominated headlines through-out much of the year, Calgary’s residential real estate market quietly staged a comeback. As a result, overall housing sales are expected to top 26,000 units by year-end, an increase of 12 per cent from 2008 levels. Recovery has largely been driven by first-time buyers, many of whom had been priced out of the market in recent years. Pent-up demand, rock-bottom interest rates, greater affordability, and improved selection all served to entice purchasers early in the year who seized upon entry-level product priced under $400,000 in established communities in the southwest, northwest, south central, and north central.

The subsequent surge in activity placed upward pressure on affordable housing stock, causing values to climb eight to ten per cent from record low levels reported earlier in the year. Average price, however, remains off last year’s pace, hovering at $385,000 down five per cent from 2008.

As of October 2009, the number of homes sold in Calgary had surpassed levels reported during the same period in 2008. More balanced market conditions existed, with tight inventory levels reported in certain hot pocket areas. While some move-up activity was underway, the top-end of the market remained relatively soft—despite the sale of two $10 million properties last Summer.

Volatility in the energy market and the uncertainty south of the border served to drag down economic performance in Calgary this year. Expenditures and associated costs have been reduced, with only two projects moving forward are Kearl and the expansion of the Athabasca Oil Sands. But real GDP, forecast to slip about 2.8 per cent by year-end, should head into positive territory in 2010. A number of factors support an upswing in GDP growth next year. Calgary’s population is expected to climb by about 1.7 per cent in 2010, representing an influx of close to 18,000 people. Government stimulus in the form of infrastructure spending should also help. It’s anticipated that 2010 will be a year to re-establish economic traction, with both Calgary and the province better positioned for stronger growth in 2011.

Balanced market conditions are expected to prevail in Calgary’s residential real estate market in 2010. Prices are projected to firm up, with values edging upward for the first time in almost two years. An ample supply of homes should be listed for sale, with inventory levels limited in high demand areas. First-time buyers will lead the charge for housing, followed by move-up buyers taking advantage of favorable market conditions. Affordable alternatives such as condominiums priced under $300,000 will continue to be popular with entry-level buyers. Upscale properties, priced from $800,000, are expected to gain momentum next year, as purchasers in this segment of the market regain confidence. By year end, sales are forecast to climb eight per cent to 28,000 units, while average price is expected to record a five per cent increase at $403,000.