Calgary real estate prospects

[ExtraSlow]

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Not bad. Does tell you that certain older houses are quickly nearing their nil value. You're just paying for land.

True for a lot of desirable inner-city areas. If the house is older, it better be immaculate, or the building is worth $0 or lower. True on my street.

[XylathaneGTR]

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Realtors do live in a delusional world. Is your definition of professionals limited to other realtors?

Limited to whoever gets stuck golfing with him at the GGCC!

[jutes]

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https://www.realtor.ca/real-estate/2...-harvest-hills

Tons more if you are willing to go down market.

Love that first picture. Garage and front door are the same thing now. Maybe a new trend?

This is what 1/2 Million gets you these days in prime time city Canada? Ugh.

[ExtraSlow]

Brad knows what his customers ask for, and I'm sure his customers are pretty typical, or you could even say, median, right TPIM?

[killramos]

Please, they just call it “the club”

[suntan]

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True for a lot of desirable inner-city areas. If the house is older, it better be immaculate, or the building is worth $0 or lower. True on my street.

Where you are that has been the case for quite a while. Starting to happen in areas where the houses were built in the 50s-60s, which sorta surprises me since the standard for building was so higher.

[vengie]

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Most professionals starting out in Calgary seem to have a budget between $700-1M

Established professionals seem to be around $900-2.5M

2% up crowd, $2-4m range, I haven’t personally dealt with anyone looking above that price point.

Students or really young people aren’t looking at single family homes, either renting or looking at affordable condos.

This average house price bullshit you are using isn’t realistic for a professional couple.

All of my developers looking for tear downs are budgeting between $550-950ish depending on community.

Lol, you can't be serious.

I'm assuming these "professionals" starting out in Calgary are coming from money.

I employ/have employed a fair amount of professionals in this city, know what they make, and most live in a house in the $450-$650k range.
My wife and I (both professionals) chose a house that was $450k (mind you this was two years ago...).

You live in a fantasy world of overleveraged individuals or people with a bank of mom and dad.

[Xtrema]

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This is what 1/2 Million gets you these days in prime time city Canada? Ugh.

or pay double that and you still won't get a detached house in GVA or GTA.

[suntan]

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You live in a fantasy world of overleveraged individuals or people with a bank of mom and dad.

Well if you're going to be a realtor this is the best customer base there is.

[jutes]

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or pay double that and you still won't get a detached house in GVA or GTA.

The Canadian dream.

[89coupe]

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Realtors do live in a delusional world. Is your definition of professionals limited to other realtors?

Most of my clients are O&G, tech or medical field.

[msommers]

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Most of my clients are O&G, tech or medical field.

And then there's the other 50% of Calgarians looking for detached homes that aren't doctors. That's why it's called the fucking median price.

[CompletelyNumb]

If you go to Reddit, you will learn that the average family income is half of what's been posted here, and those people can't even afford a condo.

I'm glad Im a Beyond member though, we're all rich.

[89coupe]

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Lol, you can't be serious.

I'm assuming these "professionals" starting out in Calgary are coming from money.

I employ/have employed a fair amount of professionals in this city, know what they make, and most live in a house in the $450-$650k range.
My wife and I (both professionals) chose a house that was $450k (mind you this was two years ago...).

You live in a fantasy world of overleveraged individuals or people with a bank of mom and dad.

I’m 100% serious.

Most young professionals I know 30-40 range are all making $100-200k a year plus bonus.

The established professionals 40-65 range are usually making 200-$3.5M a year depending on position.

The top tier Senior VP’s & Presidents are making $5M to $25M a year.

These numbers include options, bonuses, etc.

What industry are you in and what’s your profession?

[msommers]

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I’m 100% serious.

Most young professionals I know 30-40 range are all making $100-200k a year plus bonus.

The established professionals 40-65 range are usually making 200-$3.5M a year depending on position.

The top tier Senior VP’s & Presidents are making $5M to $25M a year.

These numbers include options, bonuses, etc.

What industry are you in and what’s your profession?

All that money floating around and still, no one can cook a pizza properly.

[89coupe]

There are 218 active homes for sale in Calgary that are detached under $500k

There are 1096 active homes for sale in Calgary that are detached over $500k


What does that tell you????

[ThePenIsMightier]

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There are 218 active homes for sale in Calgary that are detached under $500k

There are 1096 active homes for sale in Calgary that are detached over $500k


What does that tell you????

That you're the new Mar unless 218 = 0
?

[88CRX]

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That you're the new Mar unless 218 = 0
?

Fucking Marth is tough.

[89coupe]

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That you're the new Mar unless 218 = 0
?

You can play the Beyond game all you want, but the shit that is for sale under $500k is just that, shit.

Shit equals zero to me.

[90_Shelby]

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Lol, you can't be serious.

I'm assuming these "professionals" starting out in Calgary are coming from money.

I employ/have employed a fair amount of professionals in this city, know what they make, and most live in a house in the $450-$650k range.
My wife and I (both professionals) chose a house that was $450k (mind you this was two years ago...).

You live in a fantasy world of overleveraged individuals or people with a bank of mom and dad.

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Realtors do live in a delusional world. Is your definition of professionals limited to other realtors?

What profession and what is the typical salary range for those that you two are referencing?