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New Pre-Construction Homes & Condos Strathcona County AB

Is owning an investment property in Strathcona County, Alberta profitable?
Are you thinking about buying a new house this fall or winter? If so, you should be excited, but you will probably be intimidated because of all the things involved in moving forward with a home purchase. Asking yourself “What am I going to buy now?” isn’t always enough preparation for making a move like this. When you consider how complicated and risky a real estate transaction can feel today and think about what could happen, it makes sense that many buyers would hesitate to get started—especially given the uncertain times that we find ourselves now. The good news though is that if you take some steps early on in order to prepare properly, the stress around purchasing your first home will go down significantly. Here are a few key tips for getting ready to buy a new property:1. Have Your Financial Plan DownFirst, you will want to ensure that you have prepared a solid financial plan so that you aren’t spending more than necessary on housing costs while still saving for other priorities. A great way to get organized is to use this online calculator from Bankrate.org so that you can see exactly how much mortgage payments and rent cost each month. 2. Do Some ResearchDoing research ahead of time ensures that you avoid unnecessary headaches and heartaches once inside someone else’s living space, which can sometimes take place after the fact when you discover issues with something that was either overlooked or simply wasn’t something that was addressed prior to closing day. There are plenty of websites, books, podcasts and magazines available to help you understand the ins-and-outs of buying a home (as well as finding homes). You can learn everything from choosing the ideal neighbourhood and searching listings to reading reviews of potential properties. And since new homes often come with unique design quirks and details, knowing what those might entail helps put your thoughts on track to having a happy home purchase experience in no time.3. Start LookingFor most people who aren’t already working towards owning their own home, waiting until they are actually able to afford a monthly payment seems impossible at times, especially considering the current interest rates and rising prices. Instead, you should try starting early on—if possible, when you are young, so that you can save for years rather than months of your life.4. Be PreparedWhen planning ahead for your big day, remember to keep all documents handy in case anything unforeseen pops up along the way and you need to deal with it immediately. Make sure everyone knows how to contact you via cell phone and email in case anything happens during the actual inspection period, even if only to say things like, ‘Hey, we just noticed that the kitchen cabinets are a little different than advertised. Would you mind coming back tomorrow morning?’5. Ask For HelpThere are lots of people willing to lend their expertise to homeowners who are trying to navigate through the world of home purchases, including friends, family members and professional agents. By asking for help from these other individuals, you are making your journey easier and less stressful.6. Don’t WaitIf at some point you decide that you don’t love your chosen area anymore or that you have found another dream home that better...
New Home Strathcona County Buying 101
1. Understand Your Budget & Financial Situation First When considering whether to purchase a new home in Strathcona Country in the coming years, you should always consider what you can afford. You can use this tool to quickly estimate monthly payments and see the impact of different types loans and mortgage options available in Canada, like interest rates. Once you have an idea of your finances, you can then determine how long you will be able to stay current on your debt obligations. 2. Consider Where Your Family Will Live Long Term Another important consideration to take into account is location. If you intend to live in Strathcona County, make sure you understand the area's growth patterns. If there is a good school district nearby, you'll probably find yourself living near them for many years to come. Also keep an eye on housing prices; if the market is heating up, expect your property tax bill to rise as well. The same goes for areas which are experiencing rapid population increase. 3. Decide On A Neighborhood Or Area Of Focus If you already own a house in a neighbourhood you love, you can use this calculator to help decide whether to move or buy another place in the community to expand your family. For example, imagine you're planning to have kids soon. Would you rather pay less for land than buy a larger lot and spend extra money building a bigger house? Or would you prefer paying slightly higher rent but still being close to your friends' houses? These questions and other considerations will affect where you end up moving to next. 4. Check Out Community Amenities And Services You Might Need Finally, once you've settled on a neighbourhood and price range you'd like to buy, check out local amenities and services you might want to include when making an offer. For instance, some communities have pools, gyms, parks, playgrounds, schools, shopping malls, grocery stores, libraries and post offices. Some neighbourhoods also provide transportation systems, including bus lines, bike lanes, walking paths and carpool programs. 5. Start Shopping Around Now that you've decided on a neighbourhood and a price point, get started searching around online. Use this website to search real estate listings across multiple realtor websites to find homes and condos in your preferred area. Then, contact each agent individually to ask specific questions about properties they currently have listed. Ask questions like 'What does the backyard look like?' 'Are pets allowed?' and 'Is the kitchen equipped with appliances I'm interested in having installed?'. 6. Make An Offer Once you've found something you really feel drawn towards, submit the highest bid possible on the listing. Be prepared to negotiate with the seller if he/she's asking for too high of a price. Don't forget to factor in closing costs, like legal fees and transfer taxes which will cost anywhere from $500-$1000 and must be paid before closing takes place. Also remember that you won't actually be purchasing anything until an agreement has been signed and accepted by both parties. 7. Wait Until Closing Day To Move Into Your Future Home Closing day is usually scheduled for 3 weeks after acceptance of a contract. So if you accept an offer, expect to wait roughly 5...
When buying a new home in Alberta follow these steps
Strathcona County In general terms, Strathcona county lies along the northwest edge of Edmonton city limits, but straddles both sides of Highway #16 which runs through the middle of most development in St. Albert/Edmonton area. This region was initially developed during the early 20th century by farmers who settled near agricultural lands and railroads connecting cities like Calgary. As urbanization grew, this once rural area saw a great influx of population growth, leading to many subdivisions and housing tracts built in various stages from 1910 until today. Today, some areas are still being actively develop while some parts remain fairly unspoiled, providing residents living in these older communities access to nature reserves and parks, making them ideal for those interested in outdoor recreation or simply enjoying life outdoors. If you live in Strathcona, chances are you live either just west of the river valley, east of Riverdale Mall, north of Glenora, south of Kingsway, and across from Westhope Golf Course. If you don't see an address listed below, check the neighbourhood map on my website. New Construction Homes Many developers in Edmonton and surrounding regions offer a wide range of options when planning a community project. Some projects will be large scale master planned developments that include hundreds of homes or condos on well maintained streetscapes and common grounds; other smaller developments will focus on building single family detached homes; and then a few others could be townhouses, stacked townhouse complexes, multi unit buildings and apartment blocks. There's no shortage of choice. While some areas are primarily residential, other locations provide excellent opportunities for commercial, retail, institutional, industrial and office uses. These sites tend to lie outside core business districts, yet they're often highly sought after due to location (often close to transit stops), accessibility and proximity to highways and roadways. They're perfect candidates for mixed use development. The following link provides information about the different types of neighbourhoods and how each differs in terms of amenities offered and overall feel. http://www.xonto.ca/?page_id=734&referer=1025 Condos & Townhomes Most people prefer living closer to work because commuting takes time that would otherwise be spent relaxing, exercising or spending quality time with ones' loved ones. While many areas offer excellent schools, good transportation networks, walkable neighborhoods, recreational facilities or beautiful scenery, none of these things can match the convenience of living next door to everything else someone needs. When searching for a new place to call home, consider factors such as walkability, schools, safety, commute times, crime rates, shopping centres, grocery stores, restaurants, libraries, health care facilities, cultural institutions, churches, daycare centers, pools, gymnasiums, fitness clubs, gyms, child care services, play parks, swimming pools, playgrounds, sports fields, walking trails, bike paths, dog friendly zones, pet friendly zones, green spaces, water fountains, fire hydrants, parking, security patrols, garbage collection, street cleaning, recycling bins, trash cans, snow clearing, sidewalks and paved roads. All of these aspects are vital but...
How to find Your New Strathcona County Home or Condo
Since 2000, Toronto real estate prices skyrocketed faster than most other Canadian markets. According to Canada Housing Statistics, average residential property sales increased by 24% since 2012 - up $4,000 per week during 2016. While this figure seems incredible, it actually reflects long term trends; Toronto housing prices only rose 7% annually from 2013 to 2015. However, from late 2017 until present day, Toronto has experienced an unprecedented boom in housing prices - rising 17%. For 2018, the city recorded 3,500 resales, far surpassing the 1,900 sold in February 2019. This dramatic growth indicates why many investors are currently searching for safe havens and cheap investments. But while some experts consider Toronto a strong economy, they warn against making hasty decisions without conducting proper due diligence. A recent study shows that nearly 80% of Canadians believe investing in the market is risky... which makes sense considering the current political climate surrounding trade tariffs and immigration restrictions. However, there are ways to mitigate risks and still receive solid returns. As mentioned above, Ontario has undergone tremendous economic development; a direct result of government policies and investments. These changes include the creation of Ontario Retirement Community Plan, which encourages seniors to downsize and live independently near communities; allowing parents to leave their child/children under 18 years old unattended at supervised childcare centres; giving subsidies to family farmers who agree to diversifying farm land instead of selling the properties, and several others. All these initiatives aim to reduce poverty rates among people living below national income levels and help improve health services across the province. The overall effect is quite impressive and has led to a notable increase in population size from 2006 to 2011.. [CONTENT STOP] More information about this topic and this region is available HERE. If you would like further information please email me at Info@xondoblog.ca Thank you for reading my post :) Best Regards, XonDo Team https://www.facebook.com/xondoexpertise/?fref=ts [email protected] | www.xondono.ca | www.xondonoeliteforeclosureinvestmentguide.ca | www.xondonoworkerexperienceandknowledgehomebuyerassessmentfor2020.net | www.kathyhanson.prohttps://twitter.com/xd_info Video Transcript: Hello Friends,Welcome back again,Today I'll be teaching you How To Buy Your First Property Online Using An Investor Account.I'm Kathy Hanson And Today We're going to learn how to buy your first house online using an investor account.And the way that we're gonna go through this todayis really,really quick and fun.So lets get started.Number 1,go to this website called www.bricksliveusa.com.Now Bricks Live USAhas a ton of different listings for homes onlineBut they won't work unless you alreadyhave a good investing account.So when you see the link for buying theproperty on screen,you should click the "Create My FreeAccount"link.Then fill out a form withyour full legal name and address and credit card information.They will check your info then verify themoney in your bank account.
Why is Alberta's Real Estate Market Booming?
Home prices across Canada hit record highs in June this year, according to figures released Friday by Statistics Canada. A year ago, the average price was $465,800 — well below the peak reached during the housing bubble years back in 2000 and 2001. So far, Vancouver tops the country in terms of increases for both single family homes ($862K), townhouses ($721K) and condos ($816C). And those averages aren't taking rental fees into account. If you're thinking there's no way a young couple living paycheck to paycheck will be able to afford a house worth hundreds of thousands these days without some help from investors...well, think again. Today's buyers have plenty of options for financing a down payment through pre-approved mortgages or loans offered via equity programs like CMHC's home renovation grants program. So what makes today different than twenty years ago and what makes today's market attractive? Well, most importantly, supply is severely constrained which forces sellers to lower their asking prices as demand continues to rise. In addition to being near a bustling downtown core, close proximity to schools and grocery stores, good transit service, beautiful parks and green spaces, affordable land costs and excellent access to amenities like recreation centers, pools, gyms, community centres, libraries, restaurants and more -- plus less traffic congestion in a rapidly developing area -- these five communities are among many great locations for first time homebuyers in southern BC. Plus, they are just minutes away from larger cities such as Calgary, Edmonton, Red Deer, Lethbridge,Calgary and Medicine Hat. Strathcona County includes five municipalities including; Aldergrove, Clearview Heights, Kingsburg, Mission and Strathcona Village. If you live outside of Victoria but still wish to invest, then check out other areas listed below. Our team recommends choosing properties in a neighbourhood that fits your lifestyle needs. For a complete description of each municipality please visit www.strathconahomebuyerguide.ca ...
New Construction Investment Opportunities in Strathcona County Alberta
Strategic Location: A strategic location plays a huge part for real estate investors; knowing which city would be ideal for them will help them decide whether they should invest in their dream house or land. If this is going to be your first purchase then I suggest starting small. Start buying single family homes located in a nice neighbourhood or community close to schools and parks. Investing early provides great value because prices increase as demand increases making investing sooner easier than waiting until everything catches fire. But you must remember that property values vary depending on local economic conditions so buying near the top end of town could prove pricey if things like employment growth slow down dramatically. Market Demand: As mentioned above, demand determines price but supply has an impact too. So while investors will pay more to live in desirable neighbourhoods and locations they want good resale potential. Demand goes hand-to-hand with market saturation when buyers outnumber sellers. When inventory numbers reach high levels many people become priced-out meaning that prices go through the roof forcing more new entrants to enter the market further inflating costs. Investors who buy during these periods tend to experience higher gains. Another factor impacting demand is interest rates. Higher interest rate environments cause more capital flight leaving fewer dollars available to finance transactions resulting in less overall sales volume. Buyers who find themselves in favourable markets typically see appreciation rates jump significantly. Lifestyle: Buying your first property is exciting enough without thinking too far ahead about lifestyle options. Some cities allow rentals as well as selling condos while other places only encourage residents to rent properties. For example Edmonton offers both rental opportunities along with housing stock allowing investors to enjoy the benefits of renting a home with the stability and security of owning their own. Other areas offer little support or flexibility around living situations like Toronto and Montreal offering the most amount of choice. These choices influence your decision on what your needs are and what type of life style you prefer Priced Out?: Prices are often inflated when the buyer pool hits maximum capacity causing competition to rise resulting in bidding wars. While you won't find yourself locked into paying the full asking price if you wait long term to move. Waiting longer makes sense especially if you get lucky and find a seller willing to negotiate, however it's still advisable to stay away from auctions due to risk involved when multiple bids come together. Remember, timing becomes critical as the supply/demand ratio approaches balance causing the average gain per square foot to decrease dramatically. Taxes & Fees: Taxes can range anywhere from zero percent tax in some provinces to 30% in Ontario. Many properties carry additional taxes including strata fees and municipal charges adding to already hefty expenses. Depending upon the province or territory you're buying in or moving to, property transfer tax applies differently affecting final cost of ownership. Property appraisals vary greatly across Canada as each jurisdiction sets theirs independently. However, appraisal methods generally follow similar procedures requiring inspections, research and interviews with neighbours, the applicant and sometimes property managers. There usually isn't a specific timeline regarding the completion of the report though a few jurisdictions take 2 months after signing a contract. Appraisal reports can differ widely for every city in North America so ask for details beforehand. Land registry fee varies wildly between regions as does mortgage insurance premiums,...
Examining Real Estate Market History in Alberta
In this post I will be sharing some tips and tricks that could help you get approved for your mortgage loan and move forward towards buying your dream house. If you’re currently thinking of making that big purchase but aren’t certain whether you should go ahead and buy your own home yet, here are few things you absolutely MUST consider first to avoid disappointment later down the road. 1) Research Your Local Real Estate Markets & Find Out Whether There Is A Housing Bubble Going On Before committing yourself to an entire life style change like moving away from school/work place and getting used to a whole new neighborhood full of strangers, it would only make sense to research local real estate market trends. If you find that there seems to be a lot of “hot properties” available on the market today and prices seem to be skyrocketing beyond reasonable affordability then chances are good, you’d better wait till the housing bubble bursts and prices come back down. 2) Understand Mortgage Programs Available And Make Sure They Fit YOUR Financial Situation When planning to apply for a mortgage, always check to see which programs fit best your current financial situation. For example, a program called the government backed FHA loan requires less documentation and is usually easier to qualify for than other popular lending options offered by banks. Depending on your specific needs, these types of loans typically offer lower interest rates. 3) Set Goals & Be Willing To Accept Shortfalls Because Everything Takes Time No matter whose fault it was for being late for your wedding day, no bride ever regrets spending extra time prepping her nails because those hand painted flowers turned out amazing. In terms of your newly renovated kitchen project, sometimes having just enough space to work comfortably can feel like a luxury instead of a necessity. Don't worry, it's normal! As long as you've planned accordingly, you won't regret doing it sooner rather than later. Remember that everything takes longer to complete than you probably thought. Always allow plenty of extra working hours and weeks for setbacks and unforeseen problems. 4) Keep Records Of All Important Details Like Receipts Or Invoices And Save Them Long Term This step sounds simple but often times people forget to save receipts and invoices after they're paid for services rendered. Sooner or later, bills pile up without anyone really taking care keeping track of them. Not only does saving receipts/invoice copies prevent unnecessary stress, it also helps keep your finances organized if you decide to sell anything in the future. Additionally, you'll most definitely appreciate having proof of purchases when applying for financing. 5) Start Taking Care Of Other People First Things First One thing I strongly suggest that everyone do prior to starting renovations in order to ensure smooth running operations is to take proper care of their family members including children. While many parents believe that leaving kids at home while renovating a bathroom isn't practical since they tend to interrupt daily routines, trust me, you'd soon realize that they actually provide invaluable assistance during renovation projects by helping around the house. Also, if you happen to have little ones who still attend preschool or kindergarten, remember to ask early enrolment centres if they offer child care in case you need someone else besides mommy...
Getting approved for your New Home Purchase in Strathcona County, Alberta
Do you own a home in Strathcona County, Alberta but haven't yet made the move? Or maybe you're just curious about buying rental properties. Either way this article will provide insight into purchasing a new home versus investing in real estate rentals. We'll cover everything including a complete overview of investing options and why both are viable paths to building wealth. If you'd like some additional background information check out my book "Rental Property Investing" available online from Amazon.ca. In order to fully understand whether or not a purchase of a new home makes sense financially; first I recommend checking out your current financial situation. Do you currently earn enough income each month to survive comfortably without needing savings? Does your monthly expenses exceed your annual salary? Have you developed strategies for saving enough money annually to fund a down payment on a mortgage loan? These questions should help clarify the amount of disposable cash you've got left each month after paying basic living costs and debt payments. Asking yourself these types of questions helps determine which type of investment you should focus most of your efforts toward. For example, if all other things being equal, if you could only afford $400/month extra spending then you would be better served focusing your attention towards making higher returns rather than putting those funds elsewhere. Alternatively, if you earned significantly less per month then your priority shifts towards finding ways to save or borrow more capital through refinancing mortgages or borrowing from friends and family members. Regardless, you should always ensure that no matter what path you take, you're comfortable with your decision going forward while keeping long term objectives in mind. So once we established that there's usually nothing inherently wrong with either approach, what factors should influence your choice the next time around? One key factor is location because certain cities offer better incentives than others. An additional consideration would be market conditions. As markets become saturated with buyers they typically see lower prices and interest rates increase. However, as supply becomes tighter demand often drops thus lowering the price point per square foot. Generally speaking however, the longer you wait prior to getting started the greater impact you can expect to receive thanks to favourable economic trends when starting out. So let me paint you a picture... If you decided instead of selling your existing house, you would rather buy instead than sell, you would want to keep careful watch on the local housing market since you only get one shot at it. When assessing affordability, consider if you would need sufficient financing to secure a large down payment (5%-10%+) on a conventional, fixed rate, 20+ years loans. Keep in mind though that depending on what state you live in, you may qualify for government support programs such as FHA Loans that allow borrowers to finance their mortgages with little or no down payment. Now that we know what constitutes a good deal by default; let's discuss what does. First and foremost, when seeking a place to go home to make it yours you want to find something that fits your lifestyle and your expectations moving forward in terms of amenities, neighbourhood experiences, commute times etc, which brings us back to the question above; what city offers a better value proposition? Below you'll find a listing of several communities across Canada where average sale prices range anywhere from below...
What makes Xondo Alberta's Most Convenient New Condo/Home Buying Platform?
Xondo provides a complete online experience from finding the perfect property through closing, offering multiple services at no additional cost to homeowners. In addition to providing an amazing buying experience, Xondo offers exceptional customer service which includes 24/7 help available via phone, email, chat and live support. We will walk you through every step of the way ensuring that this exciting journey goes smoothly and stress free. If you're thinking about moving soon be assured Xondo does everything possible to ensure your move goes like clockwork. Whether you are building a custom dream house or apartment complex, an energy efficient townhouse, condominium or single family detached dwelling in one of Canada s most desirable locations; Xondo will work closely with local builders who specialize in these types of homes to provide only properties that meet your exact specifications. Our team of experts ensures that each home built meets strict criteria including but not limited to building codes in your area and other regulatory requirements. All of our buyers receive comprehensive financial information prior to making offer. We offer competitive financing terms tailored specifically to your particular needs. All mortgages include mortgage insurance. At the end of escrow we can assist you with obtaining title insurance for less than 2% of the purchase price. Your down payment plus monthly payments are covered under private mortgage insurance. Our experienced loan processor can answer all questions regarding your specific situation. To learn more visit www.xondohomesales.ca today! Webpage: mfslateblogger.com Title: Is My Facebook Posting Schedule Consistent Or Should I Reevaluate? Description: When should my schedule on Facebook posts go back to normal again after they've been posted? And how long before a post gets old enough to start getting removed? Here's the answers... Images used: None Section Title: Is My Facebook Posting Schedule Consistent Or Should I Reevaluate? Content: Facebook is a wonderful place to reach people across many different networks. Whether you use Instagram or Twitter, LinkedIn, Pinterest, YouTube, Tumblr, Snapchat... the options are endless and they all have unique audiences that respond differently to your message. However, the same principle applies -- you cannot just randomly put things on the internet without thinking about how those things connect to your overall branding, messaging, business model, and more importantly, your target market. For some reason, many content creators forget that fact. They'll see something that looks interesting and decide "Well this must be popular because everyone loves talking about it!" So they click the button, write a quick message, tag friends, and then promptly forget about posting anything else until next week rolls around. Unfortunately, that is rarely productive and usually creates inconsistent messages, which leads to confusion or even worse--confusion for your customers. I understand you probably love writing and sharing stuff you find fascinating, but unless you're doing it all day everyday, sometimes it would behoove you to take a moment to evaluate whether a given piece really adds value to the conversation. It takes discipline, yes, but it pays dividends in the end. So what happens if you keep putting random thoughts on Facebook without ever giving them thought for consistency or relevance? Well first...
How Xondo makes Home Buying & New Construction Investing in Strathcona County Easy?
Xonxo's real estate team will help get started through the complex buying process: We'll connect buyers with reputable agents who've built solid reputations in local communities; Provide professional guidance along every step of the way, including searching online listings, scheduling showings, negotiating price limits, selecting financing options, reviewing contracts, closing on your purchase and preparing for move-ins; Manage each transaction throughout the entire purchase experience - helping minimize stress while maximizing satisfaction. In addition to providing top notch customer service, XONXO saves both consumers and sellers thousands of dollars in commissions by eliminating the middleman. Buyers receive 100% of XONXO's commission upfront which lowers total cost in half versus typical industry commissions. Sellers benefit from lower listing fees which enables them to earn greater cash proceeds after payment processing costs than traditional brokers would charge. And when the final deal happens, XONXO keeps 100% of the seller's profit which makes us the only true full commission provider in Canada today. We're proud to be able to provide top quality, transparent brokerage services without sacrificing profitability. Our clients always come first, whether they're new homesbuyers, existing homeowners selling or investors looking for properties for rental income. And since XONXO was founded, we've grown alongside the market and continued to deliver value. [IMAGE: Logo of Real Estate Company ] [ CONTEXTUAL LINKS https://www.youtube.com/watch?v=lg_4h9z6JfI&list=PLF3C0A8BA5CF2EE9B ] [ IMAGE: Slick App Screen Shot ] [ CONTEXTUAL LINKS http://youtu.be/_7kNw1ZnBcU ] [ CONTENT ENDS ] ...
How To Make Money On a New Home or Condo Purchases in Strathcona County, Alberta
In this article we’ll be examining some key components to help investors decide which neighbourhood will suit them most along with a brief description of each community. We also explain how to maximize income potential through investment in real estate market trends like high end properties, condos and townhouses. Neighbourhood Profile This map below provides detailed information regarding where people currently reside versus where they live long term. The coloured areas represent current residents while the grey represents those who plan to move to Strathcona county after 2020. Strathcona County Population Trends This chart shows population growth over the years since 2011. Growth was steady until 2016 when the decline started due to poor housing affordability and lack of interest among young families. But, things turned around in 2017 as the economy improved. There was approximately 4% increase in 2018 but then prices began rising rapidly towards 2019. By mid 2019 sales numbers were higher than expected and buyers took advantage of cheap mortgage rates. Today, we see sales activity declining again because many homeowners find themselves unable to sell fast enough for maximum profit. [img_assist|nid=967|title=A sample of homes sold in Calgary |desc=Homes selling faster than usual across Canada. ‘The Canadian Real Estate Association said Monday the average resale price of existing single family houses rose 3.3 per cent nationwide in July — less than half the 10.8 per cent gain recorded in June.” |link=https://www.cbcnews.ca/business/real-estate/calgary-home-prices-continue-to-rise-as-demand-remains-strong-1.4699156|source=Source]] How Much Can I Expect To Invest In A House / Apartment? There is quite a lot of variation in terms of what different neighbourhoods expect from investors. If you invest in a property that sells for $400k, chances are you won’t get double what you invested, especially if it wasn’t built during the boom period. But if you pay attention to certain indicators such as location, schools and commute times you should be able to come close to doubling your money back. So the trick becomes finding a good balance between investing in places that are attractive today and ones that could become better investments tomorrow. By way of example; consider buying an apartment building near transit hubs. These types of buildings tend to fetch a significantly higher return than other locations. Even though these apartments aren’t necessarily going anywhere anytime soon, demand for living downtown continues to grow and the area is projected to continue adding jobs at a rapid pace. As well, these kinds of neighborhoods often attract younger renters as opposed to baby boomers, making for easier rent increases. While this type of neighborhood isn’t always accessible, some are becoming increasingly popular as developers focus their efforts in new developments. Where Should Investors Focus Their Attention? If you have a keen eye there are several areas of choice worth considering. Some of the main factors include School Ratings – Where parents send their kids to school matters greatly. Schools like St Joseph, Edithvale and Cardinal Carter receive strong rankings for elementary schools while secondary grades at...