Calgary’s first-time homebuyers' guide

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Calgary’s first-time homebuyers' guide
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Calgary’s first-time homebuyers' guide RealEstate FirstTimeHomebuyers

Zen Sequel is Avalon Master Builders’ new net-zero multi-family development — one of the first in Canada.New home buyers want to be socially responsible in regards to climate change and reducing their carbon footprint, as long as their new home doesn’t cost more.Article content

Alberta and Saskatchewan’s housing markets are among the most affordable in the nation, and it’s not all due to average prices being below those in larger markets such as Ontario and British Columbia.Article content“It’s a huge advantage,” says Brad Mitchell, chief executive officer of Alberta Real Estate Association. “That’s because a land transfer tax is really taking money away from a down payment.”Few people will ever make a larger purchase than buying a home.

“Notwithstanding it is mandatory to hire a lawyer when buying a home in Alberta, there is a significant amount of paperwork required and a lawyer will ensure your interests are protected and ensure the transaction goes smoothly and on schedule,” says Daniel G. MacAulay, associate at McLeod Law LLP in Calgary.Photo by Brent Taylor PhotographyFor Matt and Karina Chrysler, living in a hip, cosmopolitan city like Toronto has its perks, but it was not where they wanted to buy their first home.

Condo owners own their home plus a share of the common property. There are unavoidable expenses that any homeowner owner would expect to pay, including insurance, utilities, maintenance and savings for capital expenditures. Then there’s snow removal and landscape maintenance, something homeowners can either put their backs to or pay someone to take care of.

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