Found 3 blog entries tagged as condos.

Real Estate Market Value

The concepts of Market Value and Purchasing Price!

Market Value

  • Market Value, often referred to as Fair Market Value, is the estimated amount for which a property or an item would trade in a competitive and open market environment.
  • It reflects the price that a willing buyer and a willing seller, both having reasonable knowledge of all relevant facts and neither being under any compulsion to buy or sell, would agree upon.
  • Market value can fluctuate based on demand, economic conditions, and other market dynamics.  

Purchasing Price ( Purchase Price ) 

  • The Purchasing Price is the actual amount paid for a product or service at the time of buying. It is the cost at which someone acquires an asset, commodity, service, or…

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The Calgary real estate market has something to offer everyone-but too many choices can feel overwhelming. This is especially true for first-time homebuyers who are often torn between the idea of looking for a spacious house, or a chic condo. Of course, there's no right answer for everyone. The best choice for you depends on your lifestyle, personality, and individual needs. Below are some pros & cons to help you decide which type of property is your best fit. 

Single Family Homes

A house is a great investment if you want total control over your home's appearance and you value space. With a house, you have more freedom in choosing the look and feel of your entire living environment. There's nothing to stop you from customizing all of the indoor…

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Many people complain about condo fees, without fully understanding WHAT condo fees actually are, what they do, or how they are calculated.  Let's review a few of these before deciding if the fees are "bad".

What are Condos First, a condominium is a form of group ownership. When you buy an apartment (lets say 100 units, all same size), you are not only buying your individual condo, but a type of real estate that makes you a PARTIAL owners in the ENTIRE building.  In the 100 unit example, you become a 1% in EVERYTHING, for better and for worse.   In real life, we typically break down the fees by the size of the units, with larger units paying more.

What Rights / Privileges / Responsibilities Your ownership stake allows you to vote for the board of…

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