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Calgary Condos

Posted by access pro on Thursday, December 17th, 2015 at 11:13pm.

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Calgary condos have always been a popular investment among your professionals and families. The popularity is based around the convenience of the lifestyle condo living represents.

 

It is no surprise that Calgary condos for sale in the recent months have seen a steady rate of turn over and the price range has remained fairly consistent as well. The average cost of a condo in November was $299, 858 with the average days on market sitting at 50. There was a year over year decrease of -7%.

 

Revitalization of urban areas around Calgary is another reason Calgary condos for sale on the MLS Listings Calgary are popular. The neighborhood mix of new clean lines and unique designs, incorporated alongside heritage buildings of red brick and white sandstone create a vibrant new atmosphere. These areas, like Connaught, have an average inventory of around 100 Calgary condos for sale.

 

Versatility and suburban community are on the must have lists of young families searching Calgary condos listings. Locations outside the inner city neighborhoods are very popular. Builders of these communities have managed to blend multifamily units seamlessly into neighborhoods of single family dwellings. Many of these neighborhoods have a higher than city average price of $310, 439.

 

Another reason there is a growth in popularity among the Calgary condos for sale is the downsizing aspect. The current economy has triggered a movement of people moving from living in large homes, sometimes outside their means, to living in smaller, more affordable and comfortable homes. Calgary condos for sale offer the comfort without compromising on style and functionality.

 

Amenities and extras are also a draw for many considering buying a Calgary condo for sale and leaping into condo living. While many condos have home owner Association (HOA ) fees, or simply called Condo fees, they pay for the upkeep of the building and the use of all the extras included. In apartment condos, on site amenities include underground parking, gyms, pools, rooftop lounge areas and barbecue areas. Calgary Townhouse condos amenities include club houses for residents, playgrounds for children and year round grounds maintenance.

 

Some condos do not have these fees, making condo owners responsible for the upkeep of their portion of the building, yard and sidewalk leading to their home. The no condo fee option has pros and cons that must be considered carefully before buying a Calgary condo for sale. There is a freedom to not being part of a condo board when it comes to working on your condo, renovating, or even painting. On the downside, there are the extra maintenance jobs that an owner must cover. The no condo fee option is for those who are more hands on.

 

What ever type of condo interests you, there are Calgary condos for sale on the MLS listings to suit everyone. To get in on Calgary condo market, call Gagan Bilga at (403) 918-4925 or by email at gbilga@cirrealty.ca.

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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on August 22nd, 2017 at 5:15pm CDT.