| December is Here! Can’t believe it’s almost Christmas time already! Another year has seemed to fly by. As we reflect on another very busy year in Real Estate it was a unique one for Calgary to say the least. As the national headlines seemed to be consumed with what’s been happening in Toronto & Vancouver, our market here in Calgary has been on its own trajectory. There’s no doubt this period we are all going through with higher interest rates & increased inflation will affect everyone no matter what province we live in. But it’s important to understand why our market has been so resilient and why we are generally so optimistic about the future in our city. We continue to see an increased volume of out of province folks investing and/or moving to our city. Calgary continues to look attractive from a lifestyle perspective, but also incredibly affordable in comparison to some of the other major cities nationwide. Increased net immigration, a thriving energy sector and growing tech and film industry among others are continuing to help drive demand. Not to mention low vacancy rates and increased rental rates which has seemed to change the outlook for landlords and investors alike. Yes it’s getting cold…haha it’s almost holiday time on the calendar and new listing inventory is reducing, but nothing that we wouldn’t expect this time of year. There seems to be some balancing of the market happening as we head into the colder months so making a move with less competition maybe something to consider. That being said, Calgary is and will continue to be a very attractive and affordable place to live and invest in the months to come. No one ever has a crystal ball, but the longterm horizon sure makes me excited about where our city looks to be headed. Wishing everyone an amazing and safe holiday season, and all the best as we approach 2023! |
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Ben Knopp
Charles Real Estate
403-870-1393
bknopp@charlesrealestate.ca
www.BenKnopp.com
• I N V E S T i n C A L G A R Y •
Investing in Calgary Real Estate has never been so attractive! With a thriving energy sector, a rapidly growing tech and film industry, and an exceptional lifestyle that is still affordable compared to many cities. Savvy investors are flocking to Real Estate in Calgary! We have a number of pre-construction opportunities available at 10% deposit and many of the pre-sale developers are offering 1-2 year rental guarantees once complete. We also have short term (Airbnb) friendly properties available for those looking to take advantage of a hot rental market. Reach out if you are interested in chatting about investing in one of the new projects we are featuring!
Have any questions about where you are positioned in the market?
Don’t hesitate to reach out!
Once in a lifetime development opportunity! The very last chance to purchase a property right in the middle of the coveted Parkhill Ridge and build your dream home. Experience fabulous sunsets and breathtaking river and mountain views! If you could hand pick the perfect location on the street, this would be the one! Never before has this exclusive property been available. 52ft by 131ft. Fronts the ridge and backs onto Parkhill park. It really doesn’t get any better. R-C2 zoning will give some flexibility on design and development options. The original 1,800sf (total) midcentury modern home and double detached garage are on the property and being rented. Live in or rent it out while you design and make your own personal plans. Don’t miss out on this unbelievable opportunity!
Call today and make this your dream home!!
• S O R R Y S O L D • 📍3025 3 Street SW
It’s been an unbelievable couple of weeks helping these amazing repeat clients purchase their stunning new home. What a property! 🙌 This home is nothing short of spectacular and we couldn’t be happier for them. Plus, we get some awesome new neighbours onto our street! Welcome to Roxboro friends! You’re gonna love it! ❤️
#BlueSold #SorrySold
