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City Planning and Real Estate Value
Being able to predict future property value is the key to making money from real estate investment. In this article we discuss how city planning affects values in the medium term. City planners intend to achieve the best results for their stakeholders, the residents....
Managing Compulsive Hoarding Tenants
Mental Health Canada defines compulsive hoarding as “Acquiring possessions along with the failure to discard them. This is even if the items are worthless, or no longer useful. Hoarded items fill the person's home and garden, and can cause severe problems with...
Choosing a Landlord Right for You
There’s an old saying that every home is a castle. It protects us from thieves and ensures our privacy. A rental situation is very different from this. The landlord has to trust a stranger to care for their property and pay the rent. Meanwhile the tenant has to allow...
Duties of a Landlord: Multi Family Space
A tenant’s responsibilities in a single-family dwelling are usually clearly laid out in the lease. Tenants are responsible for minor maintenance such as replacing light bulbs and generally keeping the place in a tidy, hygienic condition. They are often also...
How Lease Agreements Protect Both Landlords and Good Tenants
Canada law recognizes two types of lease agreements. Firstly, it is not always necessary to write anything down and sign it. The parties can simply agree ‘on a handshake’. However these verbal rental agreements may be difficult to enforce in the absence of an...
Do Real Estate Inspectors Add Value?
Until April 2017 anybody with a flashlight and business card could establish a Canadian home inspection business, The Star wrote that May. This lack of regulation played on buyers’ and sellers’ nerves, although there were some exceptionally fine real estate inspectors...
What is an Appraiser in Real Estate?
The value of a piece of property is always controversial. The seller – and their realtor - wants to obtain the highest possible price, whereas the purchaser wants a bargain. A professional appraiser can strike a balance with an independent valuation. However, it’s...
Is Calgary a Good Place to Be for Property Taxes?
Property taxes are one of those things Canadians scrutinize to the nth degree as they try to balance their cash flow. They may like to gripe when property taxes go up, especially as they never seem to go down. However the reality is they are the beneficiaries of the...
Real Estate Valuation: Comparables Versus Income Capitalization
An accurate real estate valuation has an important bearing on financing, investment analysis, property insurance, sales listing, and taxation. However, determining the asking price of real property concerns consumers most. Property valuation estimates long-term value...
Calgary and Edmonton Vacancy Rates Show Signs of Improvement
A rental vacancy rate is the percentage of the rental market standing vacant when measured. Vacancy rates are therefore snapshots in time and may or may not be place bound. However, statisticians often express them by property type, and location at city, town, or...
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