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    <guid>https://www.maxwellrealtyreddeer.ca/blog/supply-on-the-rise-but-not-across-all-price-ranges/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/supply-on-the-rise-but-not-across-all-price-ranges/</link>
        <author>info@peshketeam.com (Billy Peshke)</author>
        <title>Supply On The Rise, But Not Across All Price Ranges</title>
    <description> <![CDATA[ 















As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall. However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline in apartment condominium sales. The 1,797 sales for November mirrored last year’s levels and remained 20 per cent above long-term trends for the month.The significant shift lies in supply. Inventory levels rose to 4,352 units in November, a notable increase from the 3,000 units reported last year. Despite the recent gains, inventory levels remain below long-term trends for the month.“Housing supply has been a challenge over the past several years due to the sudden rise in population,” said Ann-Marie Lurie, Chief Economist at CREB®. “Rising new home construction has bolstered supply in rental, new home and resales ownership markets. However, supply improvements vary significantly by location, price range, and property type.”The months of supply have increased to over two months, representing a shift away from the extremely low levels seen earlier this year and in the past three Novembers, which reported under two months of supply. While these more balanced conditions are promising for potential buyers, many market segments still favour sellers.Improved supply options have tempered the pace of price growth. Year-over-year gains range from nearly seven per cent for row homes to nine per cent for apartment-style units. The total residential benchmark price reached $587,900, reflecting a year-over-year increase of just under four per cent. This slower growth reflects a shift toward more affordable row and apartment-style units. Seasonally adjusted prices have remained stable over the past four months despite unadjusted prices trending down in line with seasonal patterns.


























Detached

Rising sales for homes above $600,000 offset the declines in the lower price ranges caused by limited supply choice. While inventory levels did improve, 85 per cent of the supply was priced above $600,000. Improving supply caused the months of supply to push above two months in November, with higher months of supply reported for homes priced above $700,000 and less than two months of supply for homes priced below that level. This variation within the market is likely to result in different price pressures. The unadjusted detached benchmark price was $750,100, slightly lower than last month but over seven per cent higher than prices reported last year at this time. Year-over-year gains have ranged across the city, with slower growth reported in areas with the most competition from newer homes.   

Semi-Detached

There were 173 sales in November, an improvement over last year and contributing to the year-to-date growth of nearly five per cent. This was possible thanks to gains in new listings and higher supply levels. With two months of supply, conditions are not as tight as earlier in the year but still favour the seller, especially for properties priced below $700,000.As of November, the unadjusted benchmark price was $675,100, nearly eight per cent higher than last November. The pace of price growth has eased over the past several months, primarily due to seasonal factors. Benchmark prices ranged from $926,800 in the City Centre district to $409,300 in the East district of the city. 

Row

Row home sales improved in November compared to last year, contributing to nearly three per cent of year-to-date gains. Sales have remained exceptionally strong over the past three years as purchasers seek more affordable options. At the same time, new listings have also improved relative to sales, supporting year-over-year gains in inventory levels. Despite inventory improvements, conditions remained relatively tight with nearly two months of supply.Following steep gains earlier in the year, the pace of price growth has eased. As of November, the unadjusted benchmark price was $454,200, nearly seven per cent higher than last year. Year-to-date average benchmark prices have improved by nearly 15 per cent. Row prices in the City Centre were the highest at $620,000, while the North East and East districts were the only areas to report benchmark prices below $400,000. 

Apartment Condominium

Sales in November slowed over last year's record high. However, the 429 sales were still 47 per cent higher than long-term trends. New listings for apartment-style units have been on the rise. With 1,482 units available in November, more supply is available now than during the spring, and it is the only sector to see levels rise above long-term trends for the month.The additional supply caused the months of supply to push above three months and is taking some of the pressure off home prices. As of November, the unadjusted benchmark price was $337,800, down over last month, but still nine per cent higher than last year. Supply has improved for units priced above $200,000, but most gains have been in the $300,000 to $500,000 range.   

REGIONAL MARKET FACTS


Airdrie

With 344 units available, Supply in Airdrie is returning to levels more consistent with activity reported prior to 2020. Supply levels have improved across all property types, with detached and row-style properties accounting for 84 per cent of the supply. While sales have remained strong relative to long-term trends, recent gains in new listings helped support improvements in supply levels.Improved supply choice is taking some of the pressure off home prices. In November, the total residential benchmark price was $543,300, four per cent higher than last November. Apartment-style properties reported the largest year-over-year change at nearly 16 per cent. 

Cochrane

New listings in the town reached a record high for November. The rise in new listings was met with a surge in sales, as November sales were amongst the highest levels reported in November. Much of the growth in sales was driven by detached activity. Strong sales activity prevented a significant shift in inventory levels, which remain 18 per cent below the month's long-term trends.The pace of price growth has eased over the past few months, which is not uncommon for this time of year. As of November, the unadjusted benchmark price was $568,600, nearly four per cent higher than levels reported last year at this time. While prices grew across all property types, the largest price gains were reported for apartment-style homes. 

Okotoks

Unlike other centres, Okotoks reported a pullback in new listings to 47 units this month. At the same time, there were 52 sales, preventing any significant change to the low inventory situation in the area. Okotoks has struggled with supply since the end of 2020, keeping the months of supply low below two months throughout most of that time.In November, the unadjusted benchmark price was $624,000, six per cent higher than last year's levels. Prices have improved across all property types, with the largest gains occurring for row-style properties. Detached prices have also been on the rise and, in November, pushed up to $707,300.










 ]]> </description>
    <pubDate>Mon, 02 Dec 2024 13:30:00 -0700</pubDate>
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    <guid>https://www.maxwellrealtyreddeer.ca/blog/open-house-today-208-coopers-grove-airdrie/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/open-house-today-208-coopers-grove-airdrie/</link>
        <author>info@peshketeam.com (Billy Peshke)</author>
        <title>OPEN HOUSE TODAY 208 Coopers Grove, Airdrie</title>
    <description> <![CDATA[ 






208 Coopers Grove SW, Airdrie













$860,000 MLS A2180034





Virtual Tour, Click Here





Full MLS Listing, Click Here









Over 2500 Sq Ft Above Ground &amp; Fully Developed Basement


Close To Schools, Shopping, Pathways &amp; Parks


3 Large Bedrooms &amp; Huge Bonus Room With Office Area


3.5 Bathrooms


Double Attached Garage









Call/message us for more details: 403-681-0319












Step into this beautifully crafted home in the heart of Coopers Crossing, one of Airdrie’s most sought-after neighborhoods. With over 2,500 sq ft above grade &amp; a fully developed basement, this well maintained property offers an unparalleled blend of style, comfort &amp; convenience. As you enter, you'll be captivated by the stunning millwork that flows throughout the home. The front entry leads to a spacious dining room, featuring a stone accent wall &amp; a 2-way gas fireplace framed with custom millwork. On the other side of the fireplace lies an inviting family room with built-in cabinetry &amp; another stone feature accent, offering the perfect spot to gather with loved ones. The heart of the home is the expansive kitchen, which has rich cabinetry, granite countertops, &amp; a gas stove. The oversized nook area, bathed in natural light from the large windows, is perfect for family meals. The main floor is complete with gleaming hardwood floors, a tiled laundry room with a sink &amp; cabinets, &amp; a thoughtful layout designed for ease &amp; elegance. Upstairs, you'll find 3 generously sized bedrooms, including a luxurious primary suite with full ensuite &amp; walk-in closet plus the common bath. The massive bonus room, with an additional office space that has access to a balcony, provides endless possibilities for work or play. The fully developed basement offers a versatile open area, a full bathroom, &amp; an extra room, making it perfect for a home gym, playroom, or guest space. Additional features include central air conditioning, proximity to parks, schools, pathways, &amp; shopping. This home is in excellent condition, ready to welcome its next family.



 ]]> </description>
    <pubDate>Sat, 30 Nov 2024 13:01:00 -0700</pubDate>
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<item>
    <guid>https://www.maxwellrealtyreddeer.ca/blog/welcome-to-the-family-november-2024/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/welcome-to-the-family-november-2024/</link>
        <author>websupport@maxwellrealty.ca (MaxWell Realty Admin)</author>
        <title>Welcome to the Family November 2024</title>
    <description> <![CDATA[ 


 ]]> </description>
    <pubDate>Sat, 30 Nov 2024 09:00:00 -0700</pubDate>
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    <guid>https://www.maxwellrealtyreddeer.ca/blog/technology-transforming-real-estate-in-the-digital-age/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/technology-transforming-real-estate-in-the-digital-age/</link>
        <author>websupport@maxwellrealty.ca (MaxWell Realty Admin)</author>
        <title>Technology: Transforming Real Estate in the Digital Age</title>
    <description> <![CDATA[ 
Technology: Transforming Real Estate in the Digital Age


MaxWell Realty Tech Support | November 29, 2024






The real estate landscape is undergoing a remarkable technological revolution, and MaxWell Realty stands at the forefront of this transformative journey. Our approach integrates advanced digital solutions that fundamentally reimagine how properties are discovered, evaluated, and purchased.


The MaxWell mobile application represents the pinnacle of our technological innovation. Designed for the modern homebuyer, this powerful platform transforms the property search experience by providing instant, comprehensive access to real estate opportunities. Users can now explore properties with unprecedented ease, receiving real-time listings, personalized recommendations, and immediate insights into market trends.


Our technological strategy extends far beyond a simple mobile application. We leverage artificial intelligence to generate precise market analyses, enabling more accurate property valuations and strategic insights. Virtual property tours allow potential buyers to explore homes from anywhere in the world, breaking down geographical barriers and expanding market reach.


MaxWell Realty understands that today's clients demand more than traditional real estate services. Our digital platform enables seamless communication between agents and clients, with instant showing requests, direct messaging, and comprehensive property information at users' fingertips. By integrating advanced geo-location technologies, we provide hyper-local property discoveries that match clients' exact preferences.


Data-driven decision-making is at the core of our approach. Our advanced algorithms analyze market trends, property values, and neighborhood dynamics, giving clients a competitive edge in their real estate journey. We've transformed the once-complex process of property search into an intuitive, transparent, and efficient experience.


The technology that we provide to our agents not only creates a more efficient work life for the agent, but a better experience for the client as well.


Experience the future of real estate with MaxWell Realty. Our innovative platform isn't just changing how properties are bought and sold—we're redefining the entire real estate experience for the digital age.
 ]]> </description>
    <pubDate>Fri, 29 Nov 2024 09:24:00 -0700</pubDate>
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    <guid>https://www.maxwellrealtyreddeer.ca/blog/closing-costs-in-british-columbia/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/closing-costs-in-british-columbia/</link>
        <author>chrisraven09@gmail.com (Chris Raven)</author>
        <title>Closing Costs in British Columbia</title>
    <description> <![CDATA[ 



Closing Costs in British Columbia


Closing costs in British Columbia typically include several expenses that home buyers need to pay at the end of the real estate transaction. Some common closing costs in British Columbia may include:





PROPERTY TRANSFER TAX:This tax is calculated based on the property's purchase price and must be paid when the property title is transferred. 


LEGAL FEES:You will need to hire a real estate lawyer or notary to handle the closing process, including title searches, document preparation, and transferring funds.


HOME INSPECTION:It is recommended to have a home inspection conducted before finalizing the purchase to uncover any potential issues with the property.


APPRAISAL FEES:Your lender may require a professional appraisal of the property to ensure its value matches the purchase price.


HOME INSURANCE:Lenders typically require proof of home insurance before finalizing the mortgage to protect their investment.


TITLE INSURANCE:Title insurance protects the buyer and lender from any issues related to the property's title, such as existing liens or ownership disputes.


UTILITY ADJUSTMENT:You may need to reimburse the seller for any prepaid utility costs, such as property taxes, strata fees, or utility bills.


These are just some of the common closing costs associated with buying a home in British Columbia. If you have any questions please feel free to contact us.We are happy to helping you navigate through the closing process.
 ]]> </description>
    <pubDate>Thu, 28 Nov 2024 11:53:00 -0700</pubDate>
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    <guid>https://www.maxwellrealtyreddeer.ca/blog/fam-friendly/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/fam-friendly/</link>
        <author>Paul@PaulLamba.com (Paul Lamba)</author>
        <title>Top Family-Friendly Activities in Edmonton</title>
    <description> <![CDATA[ 
Whether your little ones are just starting to crawl or are in the &quot;I'm too cool for you&quot; phase (don't worry, it'll pass), Edmonton offers a wealth of exciting attractions that will keep kids entertained year-round. From interactive exhibits to outdoor adventures, here are the top 10 things to do with kids in Edmonton that they’ll remember for years to come


Royal Alberta Museum





As the largest museum in Western Canada, the Royal Alberta Museum offers over 82,000 square feet of exhibits, including 7,000 square feet of hands-on displays designed for all ages. Kids can explore everything from weather patterns and the environment to dinosaurs and paleontology. They can dig for fossils, enjoy a performance in the Chautauqua, or create their own music in the sound symphony zone. It’s a place where curiosity and fun collide


TELUS World of Science





TELUS World of Science is a place where learning meets excitement Recently renovated, this science centre is brimming with interactive exhibits. Explore the new Health Zone, check out IMAX movies, and journey into the cosmos in the Zeidler Dome. Kids will love the hands-on experiences in the S.P.A.C.E. Gallery, where they can launch rockets, drive a Mars rover, and even see a real-life Moon rock. And don't forget to stop by the gift shop for a Do-It-Yourself Science Kit


West Edmonton Mall





At West Edmonton Mall, the fun doesn't stop at shopping The largest mall in North America features over 800 stores, an indoor amusement park, waterpark, and skating rink. Kids will love the new Drive go-karting track, or exploring Galaxyland's new Hasbro-themed attractions. Whether you're hitting the stores or the rides, there’s no shortage of family-friendly fun in this mega-mall.


Edmonton Valley Zoo





Home to over 350 animals, including arctic wolves, red pandas, and even pythons, Edmonton Valley Zoo offers families a chance to explore wildlife up close. Kids will enjoy learning about conservation and observing the fascinating creatures that inhabit our planet. Check the daily schedule for animal presentations and interactive talks.


University of Alberta Botanic Garden





For those who love nature, the University of Alberta Botanic Garden is an absolute gem. With 80 acres of beautiful gardens and 110 acres of preserved natural landscapes, the whole family can discover stunning areas like the Butterfly Greenhouse, Kurimoto Japanese Garden, and the Aga Khan Garden—a modern architectural wonder inspired by Moghul traditions.


Fort Edmonton Park





Step into the past at Fort Edmonton Park, where history comes alive. The park showcases Alberta’s past, from the fur trading era in 1846 to the early 20th century. Families can tour costumed interpreters in historic buildings, enjoy a live show at the Capitol Theatre, or take a spin on the old-fashioned carnival rides. New this year is the Indigenous Peoples Experience, offering an immersive look at the diverse histories and cultures of First Nations and Métis Peoples.


Muttart Conservatory





Marvel at the beauty of plants from around the world at the Muttart Conservatory. This iconic attraction houses four glass pyramids, each showcasing a different ecosystem. Kids will love exploring themed gardens ranging from tropical and desert plants to curated seasonal displays. The Muttart Conservatory is a magical escape for the whole family.


Outdoor Winter Adventures





When the weather gets cold, Edmonton transforms into a winter playground Families can enjoy outdoor activities like skating on city ice loops, cross-country skiing, snowshoeing, or tobogganing. For downhill thrills, check out Snow Valley Ski Club, the Edmonton Ski Club, or Rabbit Hill Snow Resort. Winter in Edmonton means outdoor fun for everyone, so bundle up and get ready to make memories



Edmonton is packed with family-friendly activities that will keep kids of all ages engaged and excited. Whether it’s learning through play at a science museum, getting hands-on at the zoo, or exploring Edmonton’s unique cultural attractions, the city is full of experiences that your kids will talk about for years. Grab your coat, your curiosity, and your sense of adventure—Edmonton is waiting for you
 ]]> </description>
    <pubDate>Wed, 27 Nov 2024 09:24:00 -0700</pubDate>
</item>
<item>
    <guid>https://www.maxwellrealtyreddeer.ca/blog/just-listed-208-coopers-grove-sw-airdrie/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/just-listed-208-coopers-grove-sw-airdrie/</link>
        <author>info@peshketeam.com (Billy Peshke)</author>
        <title>Just Listed 208 Coopers Grove SW, Airdrie</title>
    <description> <![CDATA[ 























JUST LISTED


















208 Coopers Grove SW, Airdrie









MLS Listing - 208 Coopers Grove SW, Airdrie









$860,000 MLS A2180034











Over 2500 Sq Ft Above Ground &amp; Fully Developed Basement


Close To Schools, Shopping, Pathways &amp; Parks


3 Large Bedrooms &amp; Huge Bonus Room With Office Area


3.5 Bathrooms


Double Attached Garage











Call/message us for more details: 403-681-0319









Step into this beautifully crafted home in the heart of Coopers Crossing, one of Airdrie’s most sought-after neighborhoods. With over 2,500 sq ft above grade &amp; a fully developed basement, this well maintained property offers an unparalleled blend of style, comfort &amp; convenience. As you enter, you'll be captivated by the stunning millwork that flows throughout the home. The front entry leads to a spacious dining room, featuring a stone accent wall &amp; a 2-way gas fireplace framed with custom millwork. On the other side of the fireplace lies an inviting family room with built-in cabinetry &amp; another stone feature accent, offering the perfect spot to gather with loved ones. The heart of the home is the expansive kitchen, which has rich cabinetry, granite countertops, &amp; a gas stove. The oversized nook area, bathed in natural light from the large windows, is perfect for family meals. The main floor is complete with gleaming hardwood floors, a tiled laundry room with a sink &amp; cabinets, &amp; a thoughtful layout designed for ease &amp; elegance. Upstairs, you'll find 3 generously sized bedrooms, including a luxurious primary suite with full ensuite &amp; walk-in closet plus the common bath. The massive bonus room, with an additional office space that has access to a balcony, provides endless possibilities for work or play. The fully developed basement offers a versatile open area, a full bathroom, &amp; an extra room, making it perfect for a home gym, playroom, or guest space. Additional features include central air conditioning, proximity to parks, schools, pathways, &amp; shopping. This home is in excellent condition, ready to welcome its next family.


 ]]> </description>
    <pubDate>Fri, 22 Nov 2024 10:05:00 -0700</pubDate>
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    <guid>https://www.maxwellrealtyreddeer.ca/blog/your-maxwell-guide-to-winter-proofing-your-home/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/your-maxwell-guide-to-winter-proofing-your-home/</link>
        <author>websupport@maxwellrealty.ca (MaxWell Realty Admin)</author>
        <title>Your MaxWell Guide to Winter-Proofing Your Home</title>
    <description> <![CDATA[ 
 Don't Let Jack Frost Win:Your MaxWell Guide to Winter-Proofing Your Home


The first snowflakes are dancing in the air, and you know what that means—Canadian winter is knocking at your door. With the average household spending over $2,500 on heating costs each winter, preparing your home for the season isn’t just about comfort—it’s about protecting your wallet, too. At MaxWell Realty, we’ve helped thousands of homeowners through Canadian winters, and we’ve seen how a well-prepared home can make the difference between a cozy winter wonderland and a frigid money pit. Let’s walk through everything you need to know to keep Jack Frost at bay.





Start from the Top


Your roof and gutters are your home’s first line of defense against winter’s assault. Think of your gutters as your home’s winter boots—they need to be clean and in good condition to do their job properly. Before the temperature drops, safely clean out leaves and debris or hire a professional from MaxWell's approved suppliers list to handle it for you.


While you’re at it, inspect your roof. Missing shingles? They’re like holes in your winter coat—and just as problematic. For Canadian winters, go beyond the basics by installing roof heating cables in areas prone to ice dams. These clever devices prevent the dreaded ice buildup that can damage your home. Snow guards are another must if your roof tends to dump snow all at once—your shrubs (and possibly your car) will thank you


Seal It Tight


Remember that draft you felt last winter? It’s time to tackle it. Use a lighter to detect leaks near windows, doors, and electrical outlets. If the flame flickers, you’ve found a culprit. Even small leaks can lead to significant heat loss and higher energy bills.


Start with caulking and weatherstripping—think of it as wrapping a scarf around your home’s drafty spots. For a more lasting solution, consider upgrading to triple-pane windows, which are like putting a down jacket on your house. Your MaxWell agent can connect you with trusted window specialists who can evaluate your needs.


Create Your Winter Maintenance Schedule


A proactive maintenance schedule is your best defense against winter’s challenges. Work with your MaxWell agent to develop a customized plan, including regular snow removal, post-storm roof checks, and monthly furnace filter changes. Prevention is always more cost-effective than emergency repairs—especially during peak winter service times.


Take the Cost-Smart Approach


Winter-proofing doesn’t have to be expensive. Many provinces offer energy efficiency rebates for upgrades like improved insulation or high-efficiency furnaces. Your MaxWell agent can guide you through these programs and connect you with suppliers from our approved list who know how to meet rebate requirements; planning ahead and booking services in the fall can save you money


We’re Here to Help


At MaxWell Realty, we know Canadian winters can be tough on homes—and homeowners. That’s why we’ve built relationships with trusted suppliers who can handle everything from furnace maintenance to roof repairs. Our approved network understands the unique demands of our climate and offers exclusive deals to MaxWell clients.


Winter-proofing is about more than surviving the cold—it’s about creating a warm, efficient haven where you can actually enjoy the beauty of the season. Whether it’s watching the snowfall while staying cozy inside or knowing your home is protected against whatever winter throws at it. Preparation makes all the difference.


Don’t wait for the first major snowfall to get started. Your local MaxWell agent is just a phone call away, ready to share our extensive approved suppliers list and help you build a comprehensive winter preparation plan. After all, a well-prepared home is a comfortable home, and at MaxWell Realty, we know a thing or two about making winter comfortable.


Stay warm, Canada


 
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    <pubDate>Wed, 20 Nov 2024 14:23:00 -0700</pubDate>
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    <guid>https://www.maxwellrealtyreddeer.ca/blog/wild-wednesday-fan-blade-direction-matters/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/wild-wednesday-fan-blade-direction-matters/</link>
        <author>info@peshketeam.com (Billy Peshke)</author>
        <title>Wild Wednesday Fan Blade Direction Matters</title>
    <description> <![CDATA[ 




Wild WednesdaySmall things that make a huge difference
 ]]> </description>
    <pubDate>Wed, 20 Nov 2024 12:46:00 -0700</pubDate>
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    <guid>https://www.maxwellrealtyreddeer.ca/blog/yeg-real-estate-results-october-2024--jfsellscom/</guid>
    <link>https://www.maxwellrealtyreddeer.ca/blog/yeg-real-estate-results-october-2024--jfsellscom/</link>
        <author>john@jfsells.com (John Fraser)</author>
        <title>YEG REAL ESTATE RESULTS OCTOBER 2024 – JFSELLS.COM</title>
    <description> <![CDATA[ 
Interest Rate Impacts Adding Pressure to Edmonton Market, Moving Back Further into &quot;Seller's Market&quot;


With October matching July's inventory at only 2.09 months ... Is this an opportunity for sellers as we enter what has historically been thought of as &quot;the slow season&quot;? Inventory is down, demand is high, see more below / reach out anytime to discuss



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    <pubDate>Mon, 11 Nov 2024 09:42:00 -0700</pubDate>
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