Calgary real estate prospects

[cycosis]

This quote is hidden because you are ignoring this member. Show Quote

Putting my house on the market next week and got prices that fluctuated 30% between realtors we interviewed.

Hopefully we’ve found the right price, though I still think we might be low. Does a second story really add 70%+ (in value) to a home? We’re fully renovated but bunagalow Vs. 2 story Houses on same street selling for 70% more than where were listed. Doesn’t make sense to me but I don’t know what people are looking for anymore

I listed with Jordan this past month and got $20k over ask. Very pleased

[prae]

This quote is hidden because you are ignoring this member. Show Quote

Putting my house on the market next week and got prices that fluctuated 30% between realtors we interviewed.

Hopefully we’ve found the right price, though I still think we might be low. Does a second story really add 70%+ (in value) to a home? We’re fully renovated but bunagalow Vs. 2 story Houses on same street selling for 70% more than where were listed. Doesn’t make sense to me but I don’t know what people are looking for anymore

depends on square footage. You end up excluding a lot of families with a bungalow under 1200sqft. Gets too squishy even with a finished basement. Primary bedroom with an ensuite & walk-in closet is on a lot of buyers' must have list.

[msommers]

2 story, 3 bedroom upstairs, finished basement with bedroom is ideal for most families in Calgary.

[max_boost]

This quote is hidden because you are ignoring this member. Show Quote

Still index fund is better.

$60K on Dow in 2010 now worth $180K

$60K down + $45K in principle (after tax) + $60K in appreciation after closing cost = $165K

That's said, it's just another asset that you don't really have to worry about US politics to a degree. (like playing chicken with that stupid debt ceiling every few years).



Large bungalow are hot with empty nesters that are having problem with stairs. Seniors keep snatching them up quick in my hood.

They are usually last home before they have to go to assisted living.

Yea for sure. It’s all marth
Myself I’m a bigger fan of the markets,dca, drip, buy the spy, be greedy when others are fearful and fearful when others are greedy blah blah which was an excellent plan until you make one bad trade aha fml lol

[suntan]

This quote is hidden because you are ignoring this member. Show Quote

It wasn't an investment property. It was a principal residence that I moved out of because nothing was selling tail end 2014. It was about a 10% ROE for majority of the rental period. More about the wasted time than losing a couple points in returns.

Believe it or not without knowing the future there's different ways investments can pan out. Only thing we know for sure is the resident infallible hedge fund manager will criticize our judgement while making baseless assumptions.

Who's the hedge fund manager?

Save money when you're young. Invest in boring index and bond funds. Keep doing this for 25-35 years.

If you think that's "hedge fund manager" advice, well, check your head.

[BavarianBeast]

Thanks for input gents, cheers.

Our bungalow is 1400sf with 2 bedrooms upstairs, 2 downstairs. Master bedroom does have ensuite and large walk in closet.

[Manhattan]

This quote is hidden because you are ignoring this member. Show Quote

Who's the hedge fund manager?

Save money when you're young. Invest in boring index and bond funds. Keep doing this for 25-35 years.

If you think that's "hedge fund manager" advice, well, check your head.

Sorry I misspelled autistic dork

[Xtrema]

This quote is hidden because you are ignoring this member. Show Quote

Thanks for input gents, cheers.

Our bungalow is 1400sf with 2 bedrooms upstairs, 2 downstairs. Master bedroom does have ensuite and large walk in closet.

https://www.realtor.ca/real-estate/2...lgary-hamptons

Don't know about your hood. One is asking for $785K in the older part of my hood. There was 1 last year with golf course view that asked for $1M but that one is kinda weird with only a single master bedroom on main floor.

[suntan]

This quote is hidden because you are ignoring this member. Show Quote

Sorry I misspelled autistic dork

"My rental property sucked!"

"Oh wait I meant I couldn't sell my previous home"

No wonder you need the NDP to help you make life decisions.

[Twin_Cam_Turbo]

This quote is hidden because you are ignoring this member. Show Quote

Lived in the house and rented out the rooms or just lived rent free with family/gf while renting the whole house? If its the latter you would've lived rent free either way. Guessing the rental brought in minimal cashflow and mostly just paying down equity. Was the house a 10-12% return on equity? Mostly scenarios it would've still worked out better without dealing with a rental while earning higher returns completely passively.



WTF does this even mean? How would you have done things different with the benefit of hindsight?

I bought it as my first home (primary residence) and then moved out after 1.5 years and just rented the whole thing as I was offered to live somewhere else for free. I turned a $44k downpayment in October 2013 into $135k in equity and $80k in retirement savings by May 2021 by renting it and saving everything I got out of rent. I also sold the home at a loss from 2013 purchase price.

[roopi]

Has anyone come across this listing?

https://www-golfdigest-com.cdn.amppr...se-real-estate

[you&me]

This quote is hidden because you are ignoring this member. Show Quote

Has anyone come across this listing?

https://www-golfdigest-com.cdn.amppr...se-real-estate

Saw it pop up earlier today... Typical gross design that holds an incomprehensible appeal to Calgarians.

[Buster]

Link?

[msommers]

This quote is hidden because you are ignoring this member. Show Quote

I bought it as my first home (primary residence) and then moved out after 1.5 years and just rented the whole thing as I was offered to live somewhere else for free. I turned a $44k downpayment in October 2013 into $135k in equity and $80k in retirement savings by May 2021 by renting it and saving everything I got out of rent. I also sold the home at a loss from 2013 purchase price.

Living free is the best kind of living!

[89coupe]

This quote is hidden because you are ignoring this member. Show Quote

Putting my house on the market next week and got prices that fluctuated 30% between realtors we interviewed.

Hopefully we’ve found the right price, though I still think we might be low. Does a second story really add 70%+ (in value) to a home? We’re fully renovated but bunagalow Vs. 2 story Houses on same street selling for 70% more than where were listed. Doesn’t make sense to me but I don’t know what people are looking for anymore

Where is your home located? I’ll throw out a number for you, I’m always curious what realtors are saying.

[ianmcc]

This quote is hidden because you are ignoring this member. Show Quote

Link?

https://www.realtor.ca/real-estate/2...arspaw-meadows

[roopi]

This quote is hidden because you are ignoring this member. Show Quote

https://www.realtor.ca/real-estate/2...arspaw-meadows

Only par 3 course. Poverty

[Buster]

This quote is hidden because you are ignoring this member. Show Quote

https://www.realtor.ca/real-estate/2...arspaw-meadows

This quote is hidden because you are ignoring this member. Show Quote

Saw it pop up earlier today... Typical gross design that holds an incomprehensible appeal to Calgarians.

this is true. it has that mountain lodge aesthetic.

[you&me]

This quote is hidden because you are ignoring this member. Show Quote

this is true. it has that mountain lodge aesthetic.

But it's not even a good "mountain lodge aesthetic".

If you look at these photos in the kitchen area, there are 7 different types and styles of stone and 7 different types and styles of wood used... In one space.

[mr2mike]

It's not even in Bearspaw Meadows. House was always questionable on why do the cabin feel when neighbour houses are much better with a modern decor. But they liked it.

Good location and road system was better until the city and developers messed with it and they added too many 1 ac lots.