Imagine you’re shopping for a new home and come across a listing that seems ideal. It’s in a great neighbourhood. It has all the characteristics on your “musthave” list. You can see yourself living there.

However, there are a couple of serious maintenance issues that are likely to need attention within the next year or two. For example, the roof shingles need replacing or the wiring needs to be updated.

Those fixes are going to be expensive. Does that mean you should take a pass on making an offer?

Not necessarily. While it’s nice to buy a home that is move-in ready (or close to it), it can be advantageous to purchase a property that needs some repairs and upgrades.

Depending on market conditions, a home with such issues may be priced…

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Congratulations to our buyer! We are so excited for you as you become a first time homeowner! We are so grateful we were able to share in the excitement with you! We wish you all the best in the years to come in your beautiful new home! If You Are Looking To Buy Or Sell ... Give us a call, we would love to help! 403-681-0319 #justsold #happyclients #macewanglen #yycrealtor #calgary #peshketeam #peshkerealestateteam #maxwellcapitalrealty

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The federal government has introduced a new mortgage refinancing initiative aimed at supporting homeowners in expanding their living spaces, such as converting basements or garages into rental units.

Scheduled to launch in January 2025, this insured refinancing option aims to facilitate the creation of rental properties, assisting homeowners in coping with increasing mortgage expenses. A previous version of this program was available until 2016 but was discontinued to stabilize the housing market. With housing shortages now a pressing issue, this initiative is being reinstated, offering homeowners opportunities to add rental accommodations and potentially augment their income.


To learn more, click here to see full article released from the…

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It's Wednesday! Time is flying , and it is that time of year to start preparing for the dreaded 'w' word.

Check out our Fall Checklist and feel free to add any of your personal favs to the chat!

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Deciding when to move can be a tough decision. If you are thinking about moving, consider the following:

Length of time living in your next home - Would you be there long enough to recoup the initial costs of moving, such as the down payment, closing fees, and moving expenses? 

Mortgage penalties – Try to align selling with when your mortgage is up for renewal to avoid a penalty, or negotiate it with your lender. You may also have the option to port your mortgage and take on a blended rate combining your old interest rate with the new one.

Your job situation – If you don’t have a secure job this could be an obstacle with a lender.

Non-monetary costs – Would you be moving mid-way through your child’s school year, or would they have to…

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!JUST LISTED! 221 Big Hill Circle, Airdrie 221 Big Hill Circle $199,900 MLS A2169803 Close To Schools, Parks & Pathways, Pool & Amenities Home Needs TLC, Located In Quiet Neighbourhood! Call/message us for more details: 403-681-0319 This 2-bedroom, 1-bathroom mobile home sits on a generous 44x100 ft lot, offering an excellent opportunity for renovation or building your new dream home! The home also features a spacious family room, kitchen, dining area, laundry area, and a large storage room. While it’s in need of some TLC, the possibilities are endless with its great layout and sizeable yard. Located close to amenities, including the rec center, restaurants, parks, and…

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Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in September.

“We are starting to see a rise in new listings in our market. However, most of the listing growth is occurring in the higher price ranges,” said Ann-Marie Lurie, Chief Economist at CREB®. “While demand has stayed strong across all price ranges, the limited choice for lower-priced homes has likely prevented stronger sales in our market. While the challenges in the lower price ranges are not expected to change, improved supply…

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New kitchen or fresh paint? With some simple preparation, a little paint and a free weekend, you can transform the look and feel of your kitchen in just a couple of days. Here’s a step-by-step guide to get you started.
Prep the area
Empty your cabinets and remove the doors by unscrewing the hinges and pulling the doors away from the units. Wipe the surfaces clean with a damp cloth.
Clean and sand
If your cabinets have a glossy finish, you’ll need to sand that away before you start painting. Take a sanding sponge or high-grit sandpaper (100- to 150-grit), and sand until you have a matte finish. Once you’ve sanded, wipe the dust away with a damp cloth and allow the cabinets to completely dry.
Pick the right paint
An on-trend gloss or semi-gloss paint is…

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