I wanted to explore a little more the FINANCIAL ramifications that Slokker's redevelopment of Lakeside Greens COULD have on the people living in the area.  Short answer, likely a $39 000 price plunge; could be as high as $61 000.  OUCH.

Lakeside Greens golf course in Chestermere is partnering with Slokker to redevelop the course. Essentially fairways to townhomes. IF the city agrees, the price plunge could cost families an average of $39 000 per house (or MORE).

I want to emphasize that the redevelopment is NOT approved by Chestermere, and active community involvement will help craft the guidelines under which council approves any redevelopment, and the final plans.  I encourage anyone in the area to become active in this matter.  Too much…

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Remembrance Day

Lest We Forget ... Please take a moment of silence to Remember the sacrifices made in the past for the freedom we have today.❤️ 

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Although we’ve already gotten our first doses of snow, winter is (technically) still just around the corner, with many more cold days and tons of the white stuff to come.

Unfortunately, winter is also the season that tends to reveal and worsen issues within the home, so there’s no time like the present for some proactive maintenance. A bit of extra effort now could save you countless headaches when temperatures drop.

Here’s a handy checklist to get you started:

Gutters and downspouts

Make sure they are clear of debris, as blocked gutters can lead to overflows and ice dams. It is also a good idea to check gutters for sagging sections or missing brackets and point downspouts away from your home’s foundation to reduce the risk of leaks and…

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The cold winter months are inevitable. Here are a few easy steps you can do to prepare your home for anything this winter has to throw at us.

Clean the Gutters: In this step, you’ll need to get on the roof to gain access to the eaves troughs. It is always a great idea to have someone hold the ladder while the other is climbing. After you have cleared the troughs and drains, rinse away any left over debris. Clean gutters will help extend their life as well as help drain water easier once spring starts.

Check and Fix Leaks: Check your home for any leaks and drafts. This normally occur where utility lines run through the exterior of the home. Some of the best places to inspect: Exhaust vents, electrical sockets, door jams and windows. Most of the time…

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My Neighbor’s House Is For Sale! How Can I Compete?

 

How to sell your home at the same time your neighbour’s place is on the market - and still remain friends.  

It can feel intimidating to put your home up for sale at the same time your neighbour does, but remember that it’s not who’s on the market first that matters - it’s about the sale itself. Here are some strategic moves to make your home stand out to interested buyers touring multiple homes on the same block.

If you’re like most people, then you fell in love with your home and the neighbourhood when you purchased it. But as your life changed over time, you decided to move onto something different. You started planning to sell your home and created a nice timeline. Then as you…

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A huge congrats to these new acreage owners! This property has some stunning views! Wishing them all the best in their new adventure.

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If you need to sell your home in the next month or two, you might be worried. After all, isn’t spring the ideal season to list your property? If you list in November or December, you might have difficulties attracting buyers and getting the best price for your home. Right? 

Not necessarily. 

While it’s true that spring is traditionally busy in the real estate market, properties do sell every month of the year. 

So, if you’re thinking of selling, you’ll need to know two things: 

·       What comparable homes are selling for at this time of year.

·       How long homes are taking to sell, on average. 

There might be a local seller’s market this month. That would mean there are more buyers looking for homes like yours than there are…

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Canada And The United States

ATB Economics | November 3, 2020

US election day special

   

It’s election day for our American cousins so The Owl is taking a quick look at some of the economic ties that bind our two countries together.

Given that Alex Trebek is one of Canada’s many exports to the U.S., we thought we’d present the figures à la the game show Jeopardy that Trebek has hosted since 1984 (which pre-dates the Canada-US Free Trade Agreement by four years).

Category: Canada-US Trade
Clue: Canada’s largest export market
Answer (in the form of a question): What is the United States?
Canada…

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7 Great Reasons to Live in Sherwood Park Main Image

First established in the mid-1950s, Sherwood Park was originally a small community whose sole purpose was to house industrial employees from nearby Refinery Row. Since then, this flourishing city is now home to over 70,000 people and become a top choice for growing families looking for a safe and friendly place to call home.

1. Affordable Home Prices 

Sherwood Park has many affordable home styles to choose from - including apartment condos, townhomes, duplexes and single-family homes. Due to the city’s popularity among families, however, detached single-family homes reign supreme and include older, updated properties, brand new builds (and everything in between). Average prices in the area typically range between the late $300’s and early…

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City of Calgary, November 1, 2020 –

With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages.

The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.

“Over the past several years, higher lending rates and the stress test pushed many out of the detached housing market. However, recent declines in rates, combined with prices that are lower than several years ago, have brought back some of that demand,” said CREB® chief economist Ann-Marie Lurie.

“This is helping support more balanced conditions and price improvements in the market. However, price…

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