According to a recent report from the Urban Land Institute and Pricewaterhouse Coopers, urbanism is expected to spread this year to Calgary and other cities around the country. And when it does, real estate development within the city is expected to dramatically increase, an article in the Calgary Sun stated. Residential in-fill and in-town housing has become the major investment opportunity and will remain that way for quite some time, due to the desire of residents to live near work.
However, urbanism has a price. It literally has a price. The cost of single family homes in major Canadian markets is rising faster than personal income. And with half of Calgary's growth being mandated for established communities over the next 60 years, as required by its Municipal Development Plan, people are turning to communities such as Airdrie, Cochrane and Okotoks to find a single family home at an affordable price. In fact, the article stated, these areas are seeing faster population growth than Calgary and -- without Calgary's aging infrastructure and other issues -- are poised to become new focal points for businesses and residents alike.
Having spent years with a fast paced, high performing team of Realtors, Joel has developed a tremendous amount of knowledge about current market conditions, regulations, various neighborhoods, and other issues that you will encounter during your search for the perfect home. He is able to help you obtain financing and to discover neighborhoods and homes that will fit within your budget and provide you with the features you desire. For more information about real estate listings in Airdrie and other nearby towns and how Joel, the real estate advisor, can help you, contact us.