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Thread: Calgary real estate prospects

  1. #261
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    Quote Originally Posted by msommers View Post
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    And the realtor fees, legal fees and potential penalties on a mortgage. Good times
    I have two units i'd sell if i could break even. Realtor did some calculations and was like 'Yeah you'll probably have to pay 30k after all fees to sell them". Which is basically all realtor fees. Fuck realtors... for selling condos they should never be used. A condo is like a commodity. For larger more unique or high ticket homes i can understand their usefulness

  2. #262
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    There are a lot of cheaper options than full service realtors. Each one makes sense in some situations. There isn't a one size fits all answer for that.

  3. #263
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    The question is mainly if you can afford to keep it and if you think the market will eventually get better, whether it is 5, 10, 15, 20 years. Most people who rent out don't want to, but it is better than taking a 20%+ loss.

  4. #264
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    Quote Originally Posted by Disoblige View Post
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    The question is mainly if you can afford to keep it and if you think the market will eventually get better, whether it is 5, 10, 15, 20 years. Most people who rent out don't want to, but it is better than taking a 20%+ loss.
    Property yeah, but condo market they just keep building and building ... idk if itll ever really boom
    Nolan

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    Quote Originally Posted by ExtraSlow View Post
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    A while back I figured I was burning $50k to move, bare minimum, between painting, cleaning, staging, movers and realtor. Some folks move every few years.
    I think thatís a pretty realistic number for the amount of money set on fire by moving. There is always going to be something unexpected that will cost you money.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.

  6. #266
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    A big house or needing to paint both places or buying new furniture in one and you can get to $100k probably. I know one family that - no joke - moved on average every 14 months for over a decade. I think mostly it was an excuse to buy new furniture and stuff. They may have been on the lower end of my estimates, but the dollars they blew on that was astronomical over the years. They are not wealthy.

  7. #267
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    Quote Originally Posted by Twin_Cam_Turbo View Post
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    Yeah I figure I will lose 10% selling this year. Gf and I agreed wherever we buy needs to be good for ~20 years for us.
    Stick with single family detached and you can't really go wrong.

  8. #268
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    Wow, it really is getting wild... only one “normal” house for sale in woodbine/woodlands (handful of micro detached and attached, few estates) ...$525k, complete gut needed and it sides Anderson

  9. #269
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    Ontario mansions selling for big $$$

    https://kitchener.ctvnews.ca/mobile/...rice-1.5316650

  10. #270
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    Quote Originally Posted by sabad66 View Post
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    Stick with single family detached and you can't really go wrong.
    Thatís all we are considering, and within 30 mins to downtown on transit too so more innerish communities.

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    Anyone else dreaming that prices will go so high in Vancouver and Toronto that they'll start moving to Calgary? I'll be looking to sell our 5 yr old detached home in Airdrie within a few months (moving to BC and renting for few years).

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    You think the kind of people driving up Vancouver and Toronto RE have anything resembling an interest in Airdrie?
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
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  13. #273
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    Quote Originally Posted by killramos View Post
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    You think the kind of people driving up Vancouver and Toronto RE have anything resembling an interest in Airdrie?
    You think I HAD any interest in Airdrie? LOL...I really didn't end up here after growing up in Vancouver by choice you know.

    Forget I said Airdrie, pretend I said Calgary...I just saw Xtrema (?) post in another thread that lots of WFH'ers from Van and TO are eyeing Calgary.

    Btw, I'd argue that Airdie is a better place to raise kids than Calgary...better schooling, less trouble to get into, easier to get around, less cars, less people, can buy more house with less money...it keeps growing though so that could change quick. In all seriousness, that's why we bought in Airdrie, never did end up having kids though so there's no real reason to stay here.

  14. #274
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    Looks like a great time to bail out of Calgary.

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    Quote Originally Posted by BavarianBeast View Post
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    Looks like a great time to bail out of Calgary.
    maybe...but to go where? Only place I'm moving is to the States.

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    Quote Originally Posted by BavarianBeast View Post
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    Looks like a great time to bail out of Calgary.
    This is exactly why I want out now...I'm betting/hoping I can move back in a few years and buy a bigger house (and have our elderly parents live with us) for cheaper. I can't see this mini boom being sustainable.

    - - - Updated - - -

    Quote Originally Posted by Buster View Post
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    maybe...but to go where? Only place I'm moving is to the States.
    So what's stopping you?

  17. #277
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    Quote Originally Posted by JohnnyHockey13 View Post
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    So what's stopping you?
    Mostly my wife's career at this point... I'm a supportive husband. I like Calgary though.

  18. #278
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    Quote Originally Posted by BavarianBeast View Post
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    Looks like a great time to bail out of Calgary.
    You paperhanded bitch

    I didn’t HODL through all this shit to sell at the first signs of a turnaround!!! Haha

  19. #279
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    Quote Originally Posted by Buster View Post
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    Mostly my wife's career at this point... I'm a supportive husband. I like Calgary though.
    Get those renos done and I’ll buy your house.

  20. #280
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    I think I’m going to hold off on buying this year and see what happens. Don’t really feel like competing to find something.

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