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April 6th, 2024Market Snapshot – Calgary Real Estate April 1, 2024
April 2nd, 2024What is really happening in the Calgary Real Estate Market?
Following is a graph that shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Graph showing Months of Inventory for Calgary Real Estate Market
Gord’s commentary for the month (just my opinion).
March 2024 Highlights
A booming start to 2024!
- Inventory increased but only marginally.
- Sales Increased 10% over last year and are much higher than long term trends
- Prices increased again!
- Seller’s market continues….
Calgary Listing Inventory
Our listing inventory increased in March but only by 177 listings across all sectors. The only sector the inventory decreased was in the Semi- Detached sector and that was by only 17 listings.
Calgary Sales:
Sales increased by 529 over last month. While it is normal to see sales increase in March over February this is a significant increase. I attribute this to new listings picking up in March.
Sales Compared to 2023:
Sales in March were 529 (or24.8%) over March of last year. I attribute this to new listings picking up a bit. Demand in Calgary is still substantially higher than supply.
| Jan | Feb | Mar | Apr | May | June | |
| 2023 | 1198 | 1738 | 2135 | |||
| 2024 | 1650 | 2135 | 2664 | |||
| Change | +452 | +397 | +529 | |||
| % Change | 37.7% | 22.8% | 24.8% |
| July | Aug | Sept | Oct | Nov | Dec | |
| 2022 | 2249 | 2133 | 1893 | 1855 | 1642 | 1200 |
| 2023 | 2647 | 2729 | 2441 | 2171 | 1787 | 1366 |
| Change | +398 | +596 | +548 | 316 | +145 | +166 |
| % Change | +17.7% | 27.9% | +28.9% | +17.1% | 8.8% | 15.5% |
Calgary Real Estate Benchmark Sales Prices:
The overall Benchmark price increased by another $12,600 or 2.15%. Increases were evenly distributed between all sectors except Apartment Condos which only saw an increase of $8,100 or 2.46%.
Calgary Real Estate Benchmark Year to Date Sales Price: See chart below.
Year to date the entire market has increases by $27,500 or 4.82% which is substantial.
Current Months of Inventory (Absorption Rate): Our Months of Inventory declined again, this month by .15 putting us into an even deeper Sellers Market. No sectors increased this month. Keep in mind that anything below 2.5 is in a seller’s market position so we are deep in Seller’s market territory and prices will continue to rise.
My Prediction for what is ahead: Anything below 2.5 months of Inventory is in a seller’s market position so at .95 months of inventory we are deep in Seller’s market and prices will continue to rise. On the street I am seeing more offers on listings and the amount over list price appears to be rising.
*Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
See Calgary Real Estate Stats Below
Calgary Real Estate Board Stats
Calgary Real Estate Market Snapshot – March 1, 2024
March 1st, 2024What is really happening in the Calgary Real Estate Market?
Following is a graph that shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Graph showing Months of Inventory for Calgary Real Estate Market
Gord’s commentary for the month (just my opinion).
February 2024 Highlights
A booming start to 2024!
- Inventory increased but only marginally.
- Sales Increased
- Prices increased!
- Seller’s market continues….
Calgary Listing Inventory
Our listing inventory increased in February but only by 205 listings of which half of the increase is in the Apartment sector.
Calgary Sales:
Sales increased by 485 sales (or 29.4%). This number is not surprising as the end of the year is always the low point and sales will normally increase from here until May or June.
Sales Compared to 2023:
It is also important to look at sales compared to the Previous year. Sales for February beat sales from February 2023 by 397 or 22.8%.
| Jan | Feb | Mar | Apr | May | June | |
| 2023 | 1198 | 1738 | ||||
| 2024 | 1650 | 2135 | ||||
| Change | +452 | +397 | ||||
| % Change | 37.7% | 22.8% |
Calgary Real Estate Benchmark Sales Prices:
The overall Benchmark price increased by $12,700 or 2.22%. Increases were seen in all market sectors with Detached homes leading (2.72%) followed by Attached Row (2.37%), then Semi-detached homes at (2.26%) and finally Apartment Condos at 1.73%
Calgary Real Estate Benchmark Year to Date Sales Price: See chart below.
Year to date the entire market has increases by 2.61% with 2.22% of that being in February only.
Again, all sectors are up year to date.
Current Months of Inventory (Absorption Rate):
Our Months of Inventory declined again by .20 putting us into an even deeper Sellers Market. The only sector that increased was the Attached Row sector and it increased by .01%
Keep in mind that anything below 2.5 is in a seller’s market position so we are deep in Seller’s market territory and prices will continue to rise.
My Prediction for what is ahead: Anything below 2.5 months of Inventory is in a seller’s market position so at 1.1 month of inventory we are deep in Seller’s market and prices will continue to rise.
*Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
***All numbers vary by community and price ranges, if you would like stats specifically for your neighbourhood, please contact us.
Calgary Real Estate Board Stats
Calgary Real Estate Market Snapshot February 1, 2024
February 1st, 2024What is really happening in the Calgary Real Estate Market?
Following is a graph that shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Graph of Months of Inventory
Gord’s commentary for the month (just my opinion).
January 2024 Highlights
The seasonal slowdown is over and here we go again!
- Inventory decreased again however only marginally.
- Sales increased by 20.79 over December.
- Prices increased slightly.
- Seller’s market continues….
Calgary Listing Inventory
Our listing inventory declined but by only fourteen listings, so we are the same as last month.
Calgary Sales:
Sales in January increased over December by 20.79% The reason for this increase is that new listings increased to 2137 new listings in January compared to 1248 new listings in December. I have said it before, and I will say it again that our sales depend on the number of listings as the demand is far more substantial than our supply.
Sales Compared to 2022:
It is also important to look at sales compared to the Previous year. Sales for November were up by 8.8% from last year. The demand is still extraordinarily strong so the more we can list the more we sell.
| Jan | Feb | Mar | Apr | May | June | |
| 2022 | 1198 | |||||
| 2023 | 1650 | |||||
| Change | +452 | |||||
| % Change | 37.7% |
| July 2023 | Aug 2023 | Sept 2023 | Oct 2023 | Nov 2023 | Dec 2023 | |
| 2022 | 2249 | 2133 | 1893 | 1855 | 1642 | 1200 |
| 2023 | 2647 | 2729 | 2441 | 2171 | 1787 | 1366 |
| Change | +398 | +596 | +548 | 316 | +145 | +166 |
| % Change | +17.7% | 27.9% | +28.9% | +17.1% | 8.8% | 15.5% |
Calgary Real Estate Benchmark Sales Prices:
The overall Benchmark price increased by $2,200, All sectors increased except Semi-Detached which declined by $2,100. Detached homes saw the largest increase at $4,800.
Calgary Real Estate Benchmark Year to Date Sales Price: Same as above.
Current Months of Inventory (Absorption Rate):
Our Months of Inventory declined again by .28 putting us into an even deeper Sellers Market. The only sector that increased was the Semi-Detached sector and it increased by .1.
My Prediction for what is ahead:
2024 will be a year of a Sellers Market and we will see substantial price increases in all Sectors. The root cause of our market imbalance continues to be immigration and I do not see that changing anytime soon.
**Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
*All numbers vary by community and price ranges, if you would like stats specifically for your neighbourhood, please contact us.
Blog Link:
See Stats from the Calgary Real Estate Market Below
Calgary Real Estate Board Stats
Calgary Real Estate Market Snapshot for Jan 1, 2024
January 2nd, 2024What is really happening in the Calgary Real Estate Market?
Following is a graph that shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Graph of Months of Inventory
Gord’s commentary for the month (just my opinion).
December 2023 Highlights
The Calgary Market remains tight – exceptionally low in supply.
- Sales declined by 11.06%
- Sales are up from last December.
- Prices declined marginally.
- Seller’s market continues….
Calgary Listing Inventory
Our listing inventory remains extremely low with a total of 2164 listings on the market. This number decreased by 27.6% from November. It’s important to note that this number is only 55 listings lower than on Dec 31, 2022. It is quite normal that the number of new listings declines at this time of year and I’m confident we will start seeing this number increase.
Calgary Sales:
Sales in December were down by 421 or 23.5% from November. The decreases were somewhat consistent in all sectors. This decline is very normal in December as Holiday celebrations trump Real Estate for many people.
As I have said many times what is keeping our sales down is our Inventory if there were more listings we would certainly sell more. It is interesting to note that Row Houses only decreased by 5.2%
Sales Compared to 2022:
It is also important to look at sales compared to the Previous year. Sales for December were up by 13.8% from last year. The demand is still extraordinarily strong so the more we can list the more we sell.
| Jan | Feb | Mar | Apr | May | June | |
| 2022 | 2004 | 3305 | 4091 | 3401 | 3071 | 2837 |
| 2023 | 1199 | 1740 | 2432 | 2690 | 3120 | 3146 |
| Change | -805 | -1565 | -1659 | -711 | +57 | +309 |
| % Change | -40.1% | -47.4% | -40.55% | -20.9% | +1.9% | +10.9% |
| July | Aug | Sept | Oct | Nov | Dec | |
| 2022 | 2249 | 2133 | 1893 | 1855 | 1642 | 1200 |
| 2023 | 2647 | 2729 | 2441 | 2171 | 1785 | 1366 |
| Change | +398 | +596 | +548 | 316 | 143 | 166 |
| % Change | +17.7% | 27.9% | +28.9% | +17.1% | 8.7% | 13.8% |
Calgary Real Estate Benchmark Sales Prices:
The overall benchmark price decreased by $2,600 this month. The largest decreases were in the Attached-Row sector followed by Detached and then Semi-Detached. Price of Apartment condos increased by $1,300.
Calgary Real Estate Benchmark Year to Date Sales Price: See chart below.
For all of Calgary in 2023, we saw an increase in all sectors of 9.89% or $51,300.
The lowest dollar increase was apartment condos at $46,600 followed by Attached Row at $66,800 then Semi-Detached at $64,100, and the highest sector is Detached homes at $77,800. It is important to note that this is a Calgary number and each community within Calgary will be different – some higher and some lower.
Current Months of Inventory (Absorption Rate):
All sectors except Apartment Condos saw a small decrease in the Months of Inventory. Apartment Condos increased by .12. All sectors remain fairly deep in a seller’s market position.
My Prediction for what is ahead: In 2024, I believe we are going to see more of the same. I know the demand is outpacing the supply by quite a but. What this means if we list more homes then it will increase our Sales not our inventory so we can expect a low inventory throughout 2024. Sales will either stay on pace or increase, and the months of inventory will remain low keeping us in a seller’s market ultimately increasing prices again.
**Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
*All numbers vary by community and price ranges, if you would like stats specifically for your neighbourhood, please contact us.
See Stats from the Calgary Real Estate Market Below
Calgary Real Estate Board Stats
Calgary Real Estate Market Snapshot for dec 1, 2023
December 1st, 2023What is really happening in the Calgary Real Estate Market?
Following is a graph that shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Graph of Months of Inventory
Gord’s commentary for the month (just my opinion).
October 2023 Highlights
The Calgary Market appears to be slowing a little.
- New listing in November were down 17% yet were up 38% from last year.
- Sales declined by 18.2%%
- Prices increased moderately.
- Seller’s market continues….
Calgary Listing Inventory
Our inventory of listings declined in November by only 206 listings. This is very normal as the normal trend is to see less new listings at this time of year. When I look at last year the decline from Oct to Nov was 773 so the listing inventory change is much smaller this year.
Calgary Sales:
Sales in November were also down 382 Sales from October. Seeing this decrease is very normal as moving towards the holiday season we typically see a slowdown.
Sales Compared to 2022:
It is also important to look at sales compared to the Previous year. Sales for November were up by 8.8% from last year. The demand is still very strong so the more we can list the more we sell.
| Jan | Feb | Mar | Apr | May | June | |
| 2022 | 2004 | 3305 | 4091 | 3401 | 3071 | 2837 |
| 2023 | 1199 | 1740 | 2432 | 2690 | 3120 | 3146 |
| Change | -805 | -1565 | -1659 | -711 | +57 | +309 |
| % Change | -40.1% | -47.4% | -40.55% | -20.9% | +1.9% | +10.9% |
| July | Aug | Sept | Oct | Nov | Dec | |
| 2022 | 2249 | 2133 | 1893 | 1855 | 1642 | |
| 2023 | 2647 | 2729 | 2441 | 2171 | 1787 | |
| Change | +398 | +596 | +548 | 316 | +145 | |
| % Change | +17.7% | 27.9% | +28.9% | +17.1% | 8.8% |
Calgary Real Estate Benchmark Sales Prices:
The overall benchmark price saw a slight increase in all sectors this month. The overall benchmark price increased by $1,100 in November. The highest increase was $3900 in the Attached-Row sector followed by an increase of $3500 in the Apartment Condo sector. Detached homes gained $1,900 while Semi-Detached homes remained flat.
Calgary Real Estate Benchmark Year to Date Sales Price: See chart below.
For all of Calgary year to date we have so far seen an increase in all sectors of 10.29% or $53,900.
Here are the dollar increases for each sector:
Detached: $79,900
Semi Detached: $65,700
Attached Row: $70,800
Apartment: $45,300
It is important to note that these are Calgary overall numbers and each community within Calgary will be different – some higher and some lower.
Current Months of Inventory (Absorption Rate):
With the number of sales dropping less than the number of listings our Months of Inventory have been pushed up. The largest change is in the Attached Row Sector which increased by .53.
While all sectors are increasing their months of inventory keep in mind that we are still very much in a seller’s market.
My Prediction for what is ahead: Based on what I am seeing and taking history into account, I believe we will see the same slowing trend in December. I believe this is going to be short lived and in January we will start to see the trend reverse pushing us into a deeper seller’s market. This prediction is largely based on what is driving demand (immigration) and I do not see that changing any time soon, I predict sales are going to remain strong and prices are going to continue to trend upwards throughout 2024.
**Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
*All numbers vary by community and price ranges, if you would like stats specifically for your neighbourhood, please contact us.
See Stats from the Calgary Real Estate Market Below
Calgary Real Estate Board Stats
Calgary Real Estate Market Snapshot for Nov 1, 2023
November 1st, 2023What is really happening in the Calgary Real Estate Market?
Following is a graph that shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Months of Inventory
Gord’s commentary for the month (just my opinion).
October 2023 Highlights
The Calgary Market appears to be slowing a bit, but is it?
- New listing in October were down 15.9% from September.
- Sales declined by 11.06%
- Listing Inventory declined by 5.51%
- Prices increased moderately.
- Seller’s market continues….
Calgary Listing Inventory
Our listing inventory remains very low with a total of 3190 listings on the market. This number decreased by 5.31% since September. It is quite normal that the number of new listings declines at this time of year.
Calgary Sales:
Sales in October were down by 179 or 5.31% from September. The sectors that saw the largest decreases were Apartment Condos at -76 and Detached Homes at -80. As I have said many times what is keeping our sales down is our Inventory if there were more listings we would certainly sell more.
Sales Compared to 2022:
It is also important to look at sales compared to the Previous year. Sales for October were up by 17.1% from last year. The demand is still very strong so the more we can list the more we sell.
| Jan | Feb | Mar | Apr | May | June | |
| 2022 | 2004 | 3305 | 4091 | 3401 | 3071 | 2837 |
| 2023 | 1199 | 1740 | 2432 | 2690 | 3120 | 3146 |
| Change | -805 | -1565 | -1659 | -711 | +57 | +309 |
| % Change | -40.1% | -47.4% | -40.55% | -20.9% | +1.9% | +10.9% |
| July | Aug | Sept | Oct | Nov | Dec | |
| 2022 | 2249 | 2133 | 1893 | 1855 | ||
| 2023 | 2647 | 2729 | 2441 | 2171 | ||
| Change | +398 | +596 | +548 | 316 | ||
| % Change | +17.7% | 27.9% | +28.9% | +17.1% |
Calgary Real Estate Benchmark Sales Prices:
The overall benchmark price saw a slight increase in all sectors this month. The highest increase was $7400 in the Semi-Detached sector followed by $5,800 in the Attached-Row sector.
Calgary Real Estate Benchmark Year to Date Sales Price: See chart below.
For all of Calgary we have so far seen an increase in all sectors of 10.18% or $52,800.
The lowest dollar increases so far has been apartment condos at $41,800 and the highest is Detached homes at $78,000. It is important to note that this is a Calgary number and each community within Calgary will be different – some higher and some lower.
Current Months of Inventory (Absorption Rate):
Sales numbers decreased more than our listing inventory decreased moving our months of inventory slightly higher for the second month in a row. All sectors remain in a seller’s market position.
My Prediction for what is ahead: Based on what I am seeing, I believe we are going to see more of the same – so a little less intense competition for the next 2 months. I predict that once January hits we will increase the number of sales and move into a deeper seller’s market. This prediction is largely based on what is driving demand (immigration) and I do not see that changing any time soon, I predict sales are going to remain strong and prices are going to continue to trend upwards.
Calgary Real Estate Board Stats
October 1, 2023: Calgary Real Estate Market Snapshot
October 5th, 2023What is really happening in the Calgary Real Estate Market?
Following is a graph that shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Calgary Real Estate Board Stats
Gord’s commentary for the month (just my opinion).
September 2023 Highlights
The Calgary Market is maintaining its strength, with no substantial change.
- September sales recorded another high at 2441 Sales.
- New listings increased over August preventing our inventory from declining more.
- Inventory is 24% lower than last year.
- Seller’s market continues….
Calgary Listing Inventory
Our listing inventory remains very low with a total of 3369 listings but did show a slight increase of 115 listings. Its important to note that new listings are up, but they are being absorbed so the inventory is not increasing rapidly. Typically, in September we would see inventory rising but that is just not happening.
Calgary Sales:
Sales in September were down by 288 or 10.55% from August. The sectors that saw the largest decreases were Apartment Condos at -170 and Attached Row houses at -60. As I have said many times what is keeping our sales down is our Inventory if there were more listings we would certainly sell more.
Sales Compared to 2022:
It is also important to look at sales compared to the Previous year. Sales for September were up by 28.9% from last year. I attribute this to an increase in listings. The demand is certainly still large so the more we can list the more we sell.
| Jan | Feb | Mar | Apr | May | June | |
| 2022 | 2004 | 3305 | 4091 | 3401 | 3071 | 2837 |
| 2023 | 1199 | 1740 | 2432 | 2690 | 3120 | 3146 |
| Change | -805 | -1565 | -1659 | -711 | +57 | +309 |
| % Change | -40.1% | -47.4% | -40.55% | -20.9% | +1.9% | +10.9% |
| July | Aug | Sept | Oct | Nov | Dec | |
| 2022 | 2249 | 2133 | 1893 | |||
| 2023 | 2647 | 2729 | 2441 | |||
| Change | +398 | +596 | +548 | |||
| % Change | +17.7% | 27.9% | +28.9% |
Calgary Real Estate Benchmark Sales Prices:
Surprise, the overall benchmark price remained almost flat this month showing a decrease of $400. In my opinion we should have seen a rise since we are still in a seller’s market position. I Believe this may have been just a little bounce back from last month.
Calgary Real Estate Benchmark Year to Date Sales Price: See chart below.
For all of Calgary we have so far seen an increase in all sectors of 9.93% or $51,500.
The lowest dollar increases so far has been apartment condos at $38,000 and the highest is Detached homes at $76,500. It is important to note that this is a Calgary number and each community within Calgary will be different – some higher and some lower.
Current Months of Inventory (Absorption Rate):
Months of Inventory increased a little in all sectors. The largest increase is in apartment condos (.35) and Semi-Detached (.29) while detached homes and Row Homes stayed flat.
My Prediction for what is ahead: Based on what is driving demand (immigration) and I do not see that changing any time soon, I predict sales are going to remain strong and prices are going to continue to trend upwards although based on trends I see us slowly climbing out of the seller’s market, but it will likely take months.
**Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
*All numbers vary by community and price ranges, if you would like stats specifically for your neighbourhood, please contact us.
Months of Inventory
Sept 1, 2023 Calgary Real Estate Market Snapshot
September 2nd, 2023What is really happening in the Calgary Real Estate Market?
Months of Inventory
Gord’s commentary for the month (just my opinion).
August 2023 Highlights
The Calgary Market is maintaining its strength, with no substantial change.
- August sales reached a record high with 2729 sales.
- August inventory dropped to a record low of 3254 units, well below the 6000 units typically available.
- Prices continue to increase.
- Seller’s market continues.
Calgary Listing Inventory
Our listing inventory remains very low with a total of 3254 listings on the market, a decrease of 234 units since August 1st. Its important to note that new listings are up, but they are being absorbed so the inventory is not increasing. Typically, in August we would see inventory rising but that is just not happening.
Calgary Sales:
Sales in August were up by 82 or 3.1% over July. The largest sales increase was in the Apartment condo sector at 13.47%.
Sales Compared to 2022:
It is also important to look at sales compared to the Previous year. Sales for August were up by 27.9% from last year. I attribute this to an increase in listings. The demand is certainly still large so the more we can list the more we sell.
| Jan | Feb | Mar | Apr | May | June | |
| 2022 | 2004 | 3305 | 4091 | 3401 | 3071 | 2837 |
| 2023 | 1199 | 1740 | 2432 | 2690 | 3120 | 3146 |
| Change | -805 | -1565 | -1659 | -711 | +57 | +309 |
| % Change | -40.1% | -47.4% | -40.55% | -20.9% | +1.9% | +10.9% |
| July | Aug | Sept | Oct | Nov | Dec | |
| 2022 | 2249 | 2133 | ||||
| 2023 | 2647 | 2729 | ||||
| Change | +398 | +596 | ||||
| % Change | +17.7% | 27.9% |
Calgary Real Estate Benchmark Sales Prices:
The overall benchmark price continues to increase. The overall benchmark price increased by$3000 or .53%. The increase in Benchmark was consistent across all Sectors.
Calgary Real Estate Benchmark Year to Date Sales Price: See chart below.
For all of Calgary we have so far seen an increase in all sectors of 10% or $51,900.
The lowest dollar increases so far has been apartment condos at $34,300 and the highest is Detached homes at $77,100. It is important to note that this is a Calgary number and each community within Calgary will be different – some higher and some lower.
Current Months of Inventory (Absorption Rate):
Months of Inventory has decreased in all but the Semi-Detached sector which saw a very small increase. This decrease is a change from last month when months of inventory rose.
My Prediction for what is ahead: Based on what is driving demand (immigration) and I do not see that changing any time soon, I predict sales are going to remain strong and prices are going to continue to trend upwards although based on trends I see us slowly climbing out of the seller’s market, but it will likely take months.
**Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
*All numbers vary by community and price ranges, if you would like stats specifically for your neighbourhood, please contact us.
Calgary Real Estate Board Stats
Getting Your Home Ready to Shine: Seller’s Guide to Preparing for a Successful Sale
August 29th, 2023Selling your home is a significant step, and making a great first impression is key to attracting potential buyers. By preparing your home properly, you can increase its appeal and potentially secure a faster sale at the best possible price. As a seasoned Realtor in Calgary, Alberta, I’m here to guide you through the process of getting your home ready to shine. Let’s dive into some essential tips for preparing your home for a successful sale:
1. Start with a Fresh Perspective: Take a step back and look at your home through the eyes of a potential buyer. Notice areas that could use improvement and address them proactively.
2. Declutter and Depersonalize: Remove excess items and personal touches. A clutter-free and neutral space allows buyers to envision themselves living in the home.
3. Deep Clean Every Nook and Cranny: A sparkling clean home sends a strong message to buyers. Clean carpets, windows, appliances, and all surfaces thoroughly.
4. Enhance Curb Appeal: The exterior is the first thing buyers see. Trim bushes, mow the lawn, repaint the front door, and add potted plants to create an inviting entrance.
5. Tackle Repairs and Maintenance: Fix leaky faucets, squeaky doors, and any other minor issues. Addressing these repairs shows that your home has been well-maintained.
6. Neutralize and Paint: Consider painting rooms with neutral colors. This helps buyers visualize their belongings in the space and gives a fresh, clean look.
7. Stage for Success: Staging can transform your home, making it more appealing and helping buyers imagine its full potential. Arrange furniture to showcase the room’s function and create a warm atmosphere.
8. Maximize Natural Light: Open blinds and curtains to let in natural light. Well-lit spaces appear larger and more welcoming.
9. Minimize Odors: Unpleasant odors can be a turnoff for buyers. Use air fresheners, bake cookies before showings, and keep pet areas clean and odor-free.
10. Highlight Key Features: If your home has standout features like a fireplace, vaulted ceilings, or a stunning view, make sure these are showcased prominently during showings.
11. Organize Storage Spaces: Buyers will open closets and cupboards, so ensure these spaces are tidy and well-organized to give the impression of ample storage.
12. Consider Professional Photography: High-quality photos are essential for online listings. Consider hiring a professional photographer to capture your home’s best angles.
13. Gather Documents: Compile important documents related to your home, such as warranties, manuals, and utility bills. Buyers appreciate having this information readily available.
14. Be Flexible with Showings: Try to accommodate potential buyers’ schedules as much as possible. The more flexible you are, the easier it will be for interested parties to view your home.
15. Consult a Realtor: Enlist the help of a skilled Realtor like myself who knows the local market. A Realtor can provide valuable insights, pricing guidance, and marketing strategies.
By following these steps, you’ll be well on your way to preparing your home for a successful sale. Remember that first impressions matter, and investing time and effort into presenting your home in the best possible light can significantly impact its appeal to potential buyers. If you’re ready to take the next step, don’t hesitate to reach out to me for personalized guidance and support throughout the selling process. Together, we’ll work towards a smooth and lucrative sale in Calgary’s dynamic real estate market.