Blog

WHY FALL MAY BE THE BEST SEASON TO BUY YOUR HOME

The best time to buy or sell a home seems to have always been considered the Spring and Summer.

But! Fall is not only a great time to buy or sell a house, it might also be the best season to find the perfect property (and not just because you can browse the listings while enjoying a pumpkin spiced latte).

Here are some great reasons to consider expanding your home search into the Fall

The best time to find a deal – Motivated Sellers

The best month to get yourself a deal when buying a home? October. This isn’t a random guess, according to RealtyTrac’s analysis of more than 32 million home sales over 15 years. (US) The resulting data showed that on average, October buyers paid 2.6% below estimated market value at the time for their homes. (Source – Realty Trac)

Sellers may have also had their home on the market longer than anticipated especially with the product available in the Spring and Summer months. This will increase their motivation to sell prior to the winter months.

Less competition.

Like the beaches in Canada after Labor Day, the real estate market clears out as the days turn cool and everyone is in back to school mode. Most summer buyers have already found a home, meaning a fall buyer will have far less competition for the available houses on the market.

Many sellers will remove their home from the market until the new year allowing Buyers greater room to browse and attend Open Houses.

Renovation Deals.

Once you have possession on your new home you found in the fall, you may want to upgrade your appliances. December is the best time to upgrade your appliances according to Consumer Reports. It’s also the best time of year to buy cookware and TVs.

So once you’re settled, get ready to renovate! (Check out our earlier BLOG post all about renovations and how to add value to your home)

The holidays are around the corner.

Not only are most home sellers worn out after the summer selling season, they’re also caught between a real estate rock and a hard place in that the holidays are around the corner. If they want to move and settle down in time to host Thanksgiving and Christmas, they’ll have to close quickly. So use this pre-holiday window to your advantage.

Featured Listing

Check out our featured listing this week!

5012 1st St NW

C4202303
$489,000.00
WOW Curb Appeal! Gorgeous FULLY FINISHED home in the well established community of Thorncliffe. This home has been completely updated top to bottom including new kitchen with quartz countertops and S/S appliances. Bright OPEN CONCEPT with brand new windows allowing in tons of natural light. The living area features a gas fireplace with custom built-ins. Master bedroom, second bedroom and fully updated bath complete this level. Lower level is fully finished with tons of space for family gatherings. Kids play area and a nook that offers many options such as a home office with built-in desk. Also features another bed & bath on this level. Massive yard in both the front and back of this home with mature trees and PROFESSIONAL LANDSCAPING offering privacy and tranquility. Thorncliffe is a fantastic, inner city, family friendly neighbourhood within 10 minutes to downtown and 10 minutes to the airport. Access to all amenities including rec centres, shopping, public transit, schools and more!
WWW.BENKNOPP.COM for full listing details!

The Playbook Series: Volume 1

It seems fitting to start with Nicole and Mandy, who were my very first clients. They were my first real estate transaction and first to put their trust in me as well.

Over the years, I’ve gained lots of valuable experience, but from day one, the same characteristics and core values still run as strong as ever. I am so grateful to have clients that believe in BK and trust in the process. Those who gave us a shot from day one and got us rolling will always have a special spot in my heart.

 

Calgary! Whether you’re a first-time home buyer or an experienced homeowner looking to sell, you can count on me to be on your team and by your side every step of the way. Check out my featured listingssellers guide, or drop me a line for more information.

The Playbook Series

Real estate can be challenging, but my strategy is simple. There are no secrets, no gimmicks. Making the play means working hard and putting in the hours. It means ensuring each and every one of my clients reaches their goal. Whether you’re a first-time buyer or looking to sell, you can count on me to be on your team and by your side every step of the way. Check out my featured listings, sellers guide, or drop me a line for more information.

Stampede 2018!

For many Calgarians, Stampede is the best 10 days of the year. The “Greatest Outdoor Show On Earth” brings in hundreds of thousands of visitors each year. Businesses are done up with Western décor, and everyone dusts off their boots, hats, denim and plaid to attend events happening throughout the city. Whether it’s the corporate Calgary events, the grounds, midway, scores of beer tents, or concerts, there is something for everyone and every age at the Calgary Stampede.

Here are my top 5 favourite things to do at Stampede.

#5 – The Corn Dogs!

Stampede just isn’t Stampede without a corn dog! These are a staple every year. Hitting the midway and getting a corn dog along with a bucket of mini-donuts is a MUST. The Stampede corn dogs have seen many different variations over the years but nothing beats the original. Check out this link for all the crazy food the Midway offers and a map to find it all. https://www.calgarystampede.com/stampede/attractions/food

#4 – The Dogie Do Rodeo

The Legendary Dogie Do Rodeo, put on by the Canadian Progress Club, has turned into a tradition for many Calgarians. If you can manage to get your hands on tickets, you will get the chance to enjoy awesome amateur events for a great cause. The rodeo includes 5 events where you ride a horse, wrangle a calf, get in a tube, chuck race, and even win some new jeans to wriggle on.
https://cpccalgary.com

#3 – Cowboys

You can’t talk about Stampede without mentioning the infamous Cowboys Dance Hall – there’s a reason why they call it “The Most Fun You Can Have with Your Boots On”. The Cowboys Tent is arguably one of the biggest and best parties in the city, with non-stop dancing, a lively atmosphere, and the Cowboys Music Festival. The Cowboys Tent is located just North of the Stampede Grounds, allowing for easy access from the midway, Nashville North or the rodeo. If you only visit one tent this year, make it this one.
Here’s a list of all the events happening at Cowboys this year.
http://cowboysnightclub.com

#2 – The Calgary Stampede Rodeo

Where it all began! Since 1912 the Calgary Stampede Rodeo is one of the world’s richest rodeos. Enjoy bronc riding, bull riding, calf roping, steer wrestling, barrel racing, bareback and junior events. Catch all the action daily at 1:15pm.
https://www.calgarystampede.com/stampede/rodeo

#1 – The Chucks

My number 1 favorite thing to do every year at Stampede is watching the famous Chuck Wagon Races. The Chucks started at the Calgary Stampede in 1923 and offers insane action over nine nightly heats as 36 chuckwagon drivers, supported by their outriders and 216 horses vie for over $1.15 million in total prize money! The GMC Rangeland Derby takes place every night at 7:45pm, followed by the Grandstand Show (which celebrates its 50th anniversary this year!).
https://www.calgarystampede.com/stampede/shows/evening/gmc-rangeland-derby

Milestones: The Final Chapter

Why Ben?

Because everyone has a dream and a story to tell. In the Milestones Series, I wanted to share the experiences that shaped who I am today. Family. Hockey. Community. Advocacy. Above all else, real connections with real people.

Now, I want to hear from you. What’s your story? What are your goals?

What are your Milestones?

How to invest in a vacation property

The official start of summer is almost here and that means one thing; it’s time for a vacation! I love hitting a new destination every once in a while, but my favourite summer memories are of the times spent at my grandparents’ vacation home. Whether you prefer a cabin, cottage, or condo, purchasing a vacation property is an investment that your whole family will love for generations to come.

Like any big purchase, investing in a vacation home can seem stressful, but it doesn’t have to be! Here are some tips to smooth out the process and get you one step closer to some much-needed rest and relaxation.

Hire a Property Management Company!

Hiring a property management company for your vacation home can be pricey, but it can save a lot of effort and time on your part. A property manager can open and close your property each season and assist with renting your property out in the off season. This is a great option for those that live far away from their vacation home.

Hire a Local Caretaker!

If you don’t plan to rent out your vacation property or prefer to handle rentals yourself, hiring a local caretaker is a more flexible, less expensive alternative to a property manager. Plus, having a caretaker to check on your home from time to time will give you peace of mind. There are several listings online, but a simple referral can go a long way. Ask your neighbours or nearby property owners for a recommendation.

Keep your Vacation Info Handy!

If you do plan to rent out your vacation property, compile all essential information into a book or folder for your renters. This eliminates your need to be on call or available at all times. Make sure to include:

  • Plumber
  • Electrician
  • Landscaper
  • Maintenance
  • Emergency Contact

You may also consider installing a keyless door entry system. This will allow you and your guests access as needed and could be critical in the event of an emergency.

http://www.hgtv.ca/real-estate/photos/6-questions-to-answer-before-buying-a-vacation-home-1052843/

Get in touch if you are interested in more information to find your perfect getaway.

BK Milestones: Chapter 5

“The business of business is relationships; the business of life is human connection” – Robin Sharma

It’s bigger than business. Being an advocate and connector in the real estate industry – in Calgary especially – means getting out there and making the play that helps you reach your goals.

Here’s why you should consider entering the rental market in 2018

Recently featured on Rentfaster.ca:

After a challenging CREB Market Forecast, new regulations, and an extra-long, extra-chilly weather, Spring 2018 has been off to a rocky start for buyers and sellers alike. Fear not – there are plenty of ways to make the most out of the road ahead. One approach? Getting into the rental market.

Myke Thomas, Real Estate Analyst for the Sun states, “of the nearly 60,000-unit rental universe, 36 percent of the supply is coming from investor-owned apartment units. Slowly improving employment conditions and new migration are expected to support some demand growth for rental product, with CREB expecting the vacancy rate to move down close to six percent in 2018.”

Whether you’re a current owner or looking to invest in your first rental property, having a real estate agent on your team is always a sure bet. Here’s why:

 

Rent Out Your Existing Property

With spring sales off to a slow start and demand for rentals on the rise, consider turning your unit into a rental. With three bedrooms and an open concept layout, this newly renovated Bankview condo is a rare find that your future renters will love. Here are some advantages that come with owning a rental property:

  1. You may pay less tax.
  2. You may be able to deduct losses for tax purposes.
  3. You get regular monthly income.

 

 

Invest in a New Rental Property

If you’ve considered investing in a new rental property, now is the time. With a high supply of condos on the market, there are deals available at every price point. Located steps away from the C-Train line, this Bridgeland condo is a highly sought out location for renters. Having a real estate agent can help you:

  1. Search the right neighbourhoods
  2. Navigate regulations surrounding rental properties
  3. Negotiate a better deal.

If investing in the rental market is something you are interested in, give me a call! I would love to answer any questions you may have.

BK Milestones: Chapter 4

“The only way to do great work is to love what you do.” – Steve Jobs

How do I define success? For me, it’s more than just selling houses.

It’s building relationships. Working hard. Learning from every loss, and turning every lesson into a win. Success is making sure that every client I work with finds a home that they truly love.