Canmore Real Estate Blog

April Events in Canmore

There are some fantastic events coming up this month with something for everyone! 

Paws n’ Paints – Arts Place Canmore

April 7th 7:00 pm – 11:00 pm
Fundraiser in support of the Bow Valley SPCA
https://artsplacecanmore.com/whats-on/details/elk-run-riot

Shredability – Sunshine Village Ski Resort

April 7th 8:00 am to 7:00 pm
Fun event in support of Rock Mountain Adaptive
http://rockymountainadaptive.com/shredability/

Tartan Day – Canmore Opera House

April 7th 6:00 pm – 11:30 pm
Annual tartan celebration
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The Best Homes Money Can Buy In Canmore

No matter who you are, Luxury Real Estate is alluring to everyone.

For those of us who are seriously shopping, or for those of us dreaming...
Here's what you can get for top dollar in Canmore. 

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Homes Downtown Canmore $500k - $800k

Living in downtown Canmore means that you are in walking distance to all the shops and restaurants.This is a hot spot for anyone looking to move from the city to the mountains. It's the best of both worlds! All town events will be blocks away so you can stay involved in all the fun!

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10 Reasons why we all want to live in the Mountains

Mountain View in Canmore

 1.       The views are to die for 
People pay good money to be able to “see” the mountains. In Canmore, you are literally surrounded with majestic mountains. Any property in Canmore has a view, and it’s worth every penny.

2.       You never run out of places to explore 
Going for a walk is so much more exciting when you live in the mountains. Hiking is a regular occurrence to many locals. There’s a trail outside everyone’s back door! You can’t get any better than reaching the top of peak you’ve...

Canmore Vacation Properties

With the use of Vacation Rental By Owner and Air B & B owing a vacation property can offer a very good return on your investment.  You can also take advantage of Hotel Condo's that keep your property in the Rental Pool and you don't need to do any managing.

Canmore has two Zones called "Tourist" and "Visitor".  The Tourist Zone allows full time or part time living while visitor is maximum 30 day stay.

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Why You Should Consider Selling in the Fall

Selling in the fall has one major advantage; The inventory levels drop dramatically.  We've seen homes not sell in the summer but suddenly sell in October or even December becuase a buyer needed a property and picked from what was available.  

Bottom Line

If you need to sell your home right away, or have some time to see what is out there, consider listing in the fall. Most homeowners who are going to sell will list their home in the spring/summer, making for a competitive market. The fall allows buyers who are in a hurry to move consider your home and sell for more money than you would have in the spring.

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Is Getting a Home Mortgage Still Too Difficult?

Is Getting a Home Mortgage Still Too Difficult?

Potential homebuyers are always cautioned to be aware of mortgage lending standards and the difficulty they might face when trying to obtain a mortgage.  CMHC and Canadian Lenders seem to adjust their lending rules every other month.  

We highly recommend using a "Good" mortgage broker as they can guide you to the right mortgage for you.  Mortgages are products with a variety of choices.

Mortgage companies rely on calculations to determine if a home buyer will become delinquent on their payment. They will not give you a loan if you are too much of a risk for them. Credit history has a huge impact on this decision since lenders can see how often you pay back your debts. The history they receive is extensive. This view into...

Common Things to Look Out for Before Buying Your Dream Home

Common Things to Look Out for Before Buying Your Dream Home

It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market.

It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home.

1. Why am I Buying a Home?

Regardless of the finances, it is important to think about what made you want to...

Will Increasing Mortgage Rates Impact Home Prices?

Will Increasing Mortgage Rates Impact Home Prices?

There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case.

This theory of home prices decreasing is typically discussed by future home buyers. As a buyer you would like to think if you are paying higher rates on your mortgage, you should be able to see a decrease in cost somewhere else. Unfortunately, these rates are rising because the economy is in better shape. As the economy succeeds, incomes rise, rates go up, as well as the price of the home.

A recent study by the John Burns Real Estate Consulting found...