Real Estate Blog - Buying a Home in Calgary

Why Reviewing Condo Documents is Essential for Calgary Buyers

Buying a condo in Calgary can be an exciting step — whether it’s your first home, a downsizing move, or an investment. But before you sign on the dotted line, one of the most important steps you should never skip is reviewing the condo documents.

These documents hold the key to understanding the financial health, rules, and long-term stability of the property you’re about to purchase. Here’s why the condo document review is so critical, and what every buyer should know.

1. Understanding the Financial Health of the Condo Corporation

When you purchase a condo, you’re not just buying your unit — you’re also buying into a community and its shared responsibilities.

• Budgets & financial statements reveal how well the condo board manages…

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Hidden Costs of Buying a Home in Calgary

Buying a home in Calgary is an exciting milestone—but many first-time and even repeat buyers are surprised by the hidden costs that come along with the purchase. Beyond your down payment and mortgage, here are the expenses you should plan for to avoid financial surprises.

1. Home Inspection Fees

Before you commit, a home inspection is essential. In Calgary, inspections typically cost $400–$700, depending on the property size and whether you add services like radon or mold testing. While it feels like an extra expense, it can save you from costly surprises later.

2. Legal Fees and Disbursements

Hiring a real estate lawyer is required to complete the purchase. Expect to budget $1,000–$2,000 for legal services, title registration, and other…

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Home Insurance Essentials for Calgary Homeowners

Protect Your Property, Peace of Mind, and Investment!

Owning a home in Calgary is an exciting milestone — but it also comes with responsibilities. One of the most important is having the right home insurance in place to protect your property, your belongings, and your financial future.

Whether you’ve just bought your first house or have been a homeowner for years, here’s what you need to know about home insurance in Calgary.

Why You Need Home Insurance in Calgary

While home insurance isn’t legally required in Alberta, it’s mandatory if you have a mortgage — your lender will require proof before finalizing the loan. Even if you own your home outright, insurance is a critical safeguard against unexpected events such as:

• Fire or smoke…

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Land Transfer Tax Explained for Calgary Buyers

Understand Closing Costs When Buying a Home in Alberta!

If you're preparing to buy a home in Calgary, you've likely heard the term “land transfer tax” come up during your research. But here's the good news: Alberta is one of the few provinces in Canada that does not charge a traditional land transfer tax.

That said, there are other government fees and closing costs you should understand before signing on the dotted line. In this post, we’ll break it all down for you — simply and clearly.

What Is Land Transfer Tax?

A land transfer tax (LTT) is a provincial fee charged when the ownership of property is transferred from one person to another. It’s common in places like Ontario, BC, and Quebec, where buyers can pay thousands of dollars in land…

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First-Time Home Buyer Guide in Calgary

Buying your first home is a huge milestone—and if you’re looking in Calgary, you’re in a great place to start. Whether you’re tired of renting or ready to build equity, this guide walks you through everything you need to know as a first-time buyer in Calgary.

1. Understand Your Budget

Before you fall in love with a home, know how much you can afford. Consider:

• Your down payment (minimum 5% in Canada)
• Monthly mortgage payments
• Property taxes and home insurance
• Closing costs (legal fees, inspection, etc.)

Tip: Get pre-approved for a mortgage before house hunting. It shows sellers you’re serious—and helps narrow your search.

2. Choose the Right Calgary Neighborhood

Do you want a quiet suburban community or a downtown condo…

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7 Common Mistakes to Avoid When Hiring a Real Estate Agent in Calgary

Choosing the right real estate agent is one of the most important decisions you'll make when buying or selling a home. The right agent can help you navigate market trends, negotiate with confidence, and avoid expensive mistakes. Unfortunately, many buyers and sellers fall into the same traps, costing them time, money, and peace of mind.

If you're planning a move in Calgary, here are 7 common mistakes to avoid when hiring a real estate agent:

1. Choosing a Family Friend Just Because You Know Them

While it’s tempting to hire someone you know, relationships shouldn’t replace qualifications. A trusted friend might mean well, but if they lack the experience or market knowledge, it could cost you thousands. Always ask the tough questions—no…

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GST/HST New Housing Rebate in Canada: What Homebuyers Need to Know

Buying or building a new home? You may be eligible for a tax rebate through the federal government’s GST/HST New Housing Rebate—a program that helps Canadians recover some of the taxes paid on new or significantly renovated homes. Whether you're working with a builder or managing your construction, this rebate can put thousands back in your pocket.

What Is the New Housing Rebate?

This rebate allows you to recover a portion of the Goods and Services Tax (GST) or the federal part of the Harmonized Sales Tax (HST) on:

• New or substantially renovated homes purchased from a builder
• Owner-built homes or major renovations
• Shares in new cooperative housing units

The key condition: the home must be used as the primary residence by you or a…

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Home Inspection Guide

When purchasing a home, a professional inspection is crucial. It provides an objective assessment of the property's condition, helping you make an informed decision. Understanding the distinctions between minor issues, major concerns, and deal breakers can guide your negotiation and future maintenance plans.

What Does a Home Inspection Involve?

A home inspector conducts a thorough evaluation of the property, examining areas that might be overlooked during a casual walkthrough. Their assessment typically includes:

Exterior Components

• Grading and Drainage: Ensuring water flows away from the foundation.
• Driveways and Walkways: Checking for cracks or uneven surfaces.
• Decks and Railings: Assessing structural integrity and safety.
• …

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