Calgary real estate prospects

[vengie]

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Which company?
13 years experience, senior management under $100k/year.
Wow, I’m not trying to sound like a dick, but I’m seriously shocked.

Your reading comprehension is also lacking.

I start my EIT's at $80k, and it goes up from there.

[89coupe]

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Lol bro. You probably don’t even venture to those neighborhoods

That ratio is how I know I’m poorer now vs 15 years. Shoulda just bought more apple stock back then lol

I’m on a constant hunt for lots for my developers. You cannot find a full size decent lot for under $600k now.

We are straying out to Montgomery now to snatch up what we can. That neighbourhood you can still find the odd lot for $500k but very slim pickings.

37’ wide lots are selling for $500k now. If you have parents with inner city lots, they are gold.

[ExtraSlow]

Montgomery is a sweet area. I'd buy there, if I had any money.

[89coupe]

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Your reading comprehension is also lacking.

I start my EIT's at $80k, and it goes up from there.

Ok so I was right then $100k + for most
WTF! lol

I’m skimming all this on a phone lol. Evening entertainment.

Great that all of you are living in homes under $700k

I’m assuming Deep South?

[ExtraSlow]

My 5x salary rule is holding up really well here. Incredible.

[89coupe]

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Montgomery is a sweet area. I'd buy there, if I had any money.

Really? Don’t you live in Mount Pleasant?

I would say Mount Pleasant is a much more desirable area than Montgomery.

[Xamim]

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Go pull up the info circular compensation for any decent size public company in Calgary and have a look at the senior executive positions compensation for each year then get back to me.

As for $800k new detached infills inner city, show me one.
Or even a semi detached new infill say 1500sqft or larger for under $800k

Fuck it, I'll bite since I'm not a professional and don't make 7.2mm. Semi detached...

https://www.realtor.ca/real-estate/2...algary-renfrew

https://www.realtor.ca/real-estate/2...ary-montgomery

Is it that easy to be a realtor? Customer provides the criteria, realtor says that doesn't exist and to look for it themselves. Then when they do find something, just tell them how shitty the homes are because they're builder grade?

[89coupe]

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Where do I send my resume?

What’s inner city in Calgary, inside the ring road?

The purple area

[ThePenIsMightier]

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Is it that easy to be a realtor? Customer provides the criteria, realtor says that doesn't exist and to look for it themselves. Then when they do find something, just tell them how shitty the homes are because they're builder grade?

Whoa! Whoever told you all the secrets should've also mentioned that you're not allowed to tell anyone!!
Don't interrupt the gravy train, Idiot!

[Tik-Tok]

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Is it that easy to be a realtor? Customer provides the criteria, realtor says that doesn't exist and to look for it themselves. Then when they do find something, just tell them how shitty the homes are because they're builder grade?

You're forgetting the most important part, the fiduciary responsibility

[vengie]

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My 5x salary rule is holding up really well here. Incredible.

This is a good rule.

[89coupe]

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Fuck it, I'll bite since I'm not a professional and don't make 7.2mm. Semi detached...

https://www.realtor.ca/real-estate/2...algary-renfrew

https://www.realtor.ca/real-estate/2...ary-montgomery

Is it that easy to be a realtor? Customer provides the criteria, realtor says that doesn't exist and to look for it themselves. Then when they do find something, just tell them how shitty the homes are because they're builder grade?

The first home is pending. Insane, someone is buying a 1544sqft semi detached home in Renfrew for what I’m guessing will be in high 700’s. Gross.
The second home is not inner city.

[Twin_Cam_Turbo]

Well shit I didn’t know inner city was that far out these days.

[Xamim]

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The first home is pending. Insane, someone is buying a 1544sqft semi detached home in Renfrew for what I’m guessing will be in high 700’s. Gross.
The second home is not inner city.

Sorry, haven't received my access card to the super secret portal that shows pending info. Like I said, not a professional so I gotta use realtor.ca like a pleb.

But do you agree that they do come up though? If buyers are willing to wait and not rush into the market because "it's hawt and you need to buy asap."

[89coupe]

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Sorry, haven't received my access card to the super secret portal that shows pending info. Like I said, not a professional so I gotta use realtor.ca like a pleb.

But do you agree that they do come up though? If buyers are willing to wait and not rush into the market because "it's hawt and you need to buy asap."

If you think prices will be coming down on new homes, you are sadly mistaken. Cost of materials, labor & land keep going up.

I would be very wary of who you buy from if you are looking at inner city infills.

It’s worse than I thought though, $799k list for a 1544sqft semi detached. That’s just crazy

[max_boost]

I didn’t realize I was like 2 pages behind when coupe made that $500k comment haha beyond responds fast to Bradley Couper

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When’s the next YYC RE crash lol. Higher interest rates??

[killramos]

Stonks always go up

[max_boost]

Looks at crypto and tech stocks haha

[89coupe]

I can tell you that 90% of my buyers are from Ontario or BC and they look at our prices and go WOW, so affordable.

[Xamim]

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If you think prices will be coming down on new homes, you are sadly mistaken. Cost of materials, labor & land keep going up.

I would be very wary of who you buy from if you are looking at inner city infills.

It’s worse than I thought though, $799k list for a 1544sqft semi detached. That’s just crazy

Sadly not in the market for that type of home, even if it's builder grade. Maybe one day. But the point still stands, homes for less than $500k do exist and so do infills for less than $800k. If you're willing to expand your horizons (lower your standards) to homes built in the last 10 years, then you can even get a detached infill.