I have sold a property at 413 Heritage CRESCENT in Okotoks.
Beautiful location facing an environmental reserve and natural hill side with excellent privacy and wonderful views. This double wide home has vaulted ceilings, stainless appliances plus lots of cabinets and counter space. There are 3 bedrooms, 2 full bathrooms, and plenty of closet space. The roof was newer just a few years ago, and the furnace has a new motor. This well maintained property shouldn't be missed! Monthly rental fee is $1095 and includes water, sewer, garbage, basic cable and internet.
Read full post

I have sold a property at 1720 Strathcona PLACE in Strathmore.
This beautiful bungalow is waiting for you! And if you're looking for a Massive Garage and a place to park a trailer this home has it all. Situated on a quiet street with no one backing onto you and a green space behind for added privacy. The front of this home offers a large deck perfect for your morning coffee, and from the moment you step inside, you'll appreciate the HIGH VAULTED CEILINGS and OPEN floor plan. The huge kitchen features ample storage, lots of counter space and a nook perfect for family dinner or entertaining. The kitchen is located off the back and has tons of light which overlooks the yard. Next to the kitchen you have a beautiful living room which boasts a large window allowing natural light to pour through all day. The primary suite has 3 piece ensuite, walk-in closet, and an additional 4 piece bath just down the hall. The second bedroom on the main floor is massive with an extra sitting area. The basement has been thoughtfully designed with a generous family room, and an additional bedroom with walk in closet. Just outside the Rec area there is a perfect space for an office or bar, bathroom rough in and loads of storage space. Outside you have a fully landscaped yard with a deck and oversized double heated garage/shop that features a 10' ceiling with a 18'x8' garage door. Next to the garage you will find a great space to park a trailer or additional vehicles. The park/green space is conveniently located just out the back of this property, close enough for the kids to play or to take the pups for a ball throw. It is within walking distance from the schools, and has easy access to all amenities, shopping, restaurants, & coffee shops. Some lucky family will start new memories in this beautiful home, why not make it you! Check out the 3D tour of this amazing home. Excellent opportunity!!!
Read full post


The annual inflation rate in Canada is currently around 5.1%—the highest it’s been in 30 years.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend Canadian dollars, inflation impacts you.


Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in real estate can ease some of the financial strain.


Here’s what you need to know about inflation, how it impacts you, and how an investment in real estate can help.


 

WHAT IS INFLATION AND HOW DOES IT IMPACT ME?


Inflation is a decline in the value of money. When the rate of inflation rises, prices for goods and services go up. Therefore, a dollar buys you a little bit less with every passing day.


The consumer price index, or CPI, is a standard measure of inflation. Based on the latest CPI data, prices increased 5.1% from January 2021 to January 2022. In comparison, the CPI increased 1.0% from January 2020 to January 2021.3


How does inflation affect your life? Here are a few of the negative impacts:


●      Decreased Purchasing Power

We touched on this already, but as prices rise, your dollar won’t stretch as far as it used to. That means you’ll be able to purchase fewer goods and services with a limited budget.


●      Increased Borrowing Costs

In an effort to curb inflation, the Bank of Canada is expected to raise interest rates.4 Therefore, consumers are likely to pay more to borrow money for things like mortgages and credit cards.

 

●      Lower Standard of Living

Wage growth tends to lag behind price increases. Even as labour shortages persist in Canada—which would typically trigger pay raises—wages are not increasing at the same pace of inflation.5 As such, life is becoming less affordable for everyone. For example, inflation can force those on a fixed income, like retirees, to make lifestyle changes and prioritize essentials.


●      Eroded Savings

If you store all your savings in a bank account, inflation is even more damaging. As of February, the national average deposit interest rate for a savings account was around 0.067%, not nearly enough to keep up with inflation.6


One of the best ways to mitigate these effects is to find a place to invest your money other than the bank. Even though interest rates are expected to rise, they’re unlikely to get high enough to beat inflation. If you hoard cash, the value of your money will decrease every year and more rapidly in years with elevated inflation.


 

REAL ESTATE: A PROVEN HEDGE AGAINST INFLATION


So where is a good place to invest your money to protect (hedge) against the impacts of inflation? There are several investment vehicles that financial advisors traditionally recommend, including:


●      Stocks

Some people invest in stocks as their primary inflation hedge. However, the stock market can become volatile during inflationary times, as we’ve seen in recent months.7

 

●      Commodities

Commodities are tangible assets, like gold, oil, and livestock. The theory is that the price of commodities should climb alongside inflation. But studies show that this correlation doesn’t always occur.8


●      Inflation-Protected Bonds

Real Return Bonds (RRBs) are inflation-protected bonds issued by the Canadian government that are indexed to the inflation rate. Bonds are considered low risk, but returns have not been rising at the same rate of inflation, making them suboptimal investments.9

●      Real Estate
Real estate prices across the board tend to rise along with inflation, which is why so much Canadian capital is flowing into real estate right now.10


We believe real estate is the best hedge against inflation. Owning real estate does more than protect your wealth—it can actually make you money. For example, home prices rose 20% from 2021 to 2022, nearly 15% ahead of the 5.1% inflation that occurred in the same timeframe.11


Plus, certain types of real estate investments can help you generate a stream of passive income. In the past year, property owners didn’t just avoid the erosion of purchasing power caused by inflation; they got ahead.



TYPES OF REAL ESTATE INVESTMENTS


Though there are a myriad of ways to invest in real estate, there are three basic investment types that we recommend for beginner and intermediate investors. Remember that we can help you determine which options are best for your financial goals and budget.

 

●      Primary Residence


If you own your home, you’re already ahead. The advantages of homeownership become even more apparent in inflationary times. As inflation raises prices throughout the economy, the value of your home is likely to go up concurrently.


If you don’t already own your primary residence, homeownership is a worthwhile goal to pursue.

Though the task of saving enough for a down payment may seem daunting, there are several strategies that can make homeownership easier to achieve. If you’re not sure how to get started with the home buying process, contact us. Our team can help you find the strategy and property that fits your needs and budget.


Whether you already own a primary residence or are still renting, now is a good time to also start thinking about an investment property. The types of investment properties you’ll buy as a solo investor generally fall into two categories: long-term rentals and short-term rentals.

 

●      Long-Term (Traditional) Rentals


A long-term or traditional rental is a dwelling that’s leased out for an extended period. An example of this is a single-family home where a tenant signs a one-year lease and brings all their own furniture.


Long-term rentals are a form of housing. For most tenants, the rental serves as their primary residence, which means it’s a necessary expense. This unique quality of long-term rentals can help to provide stable returns in uncertain times, especially when we have high inflation.


To invest in a long-term rental, you’ll need to budget for maintenance, repairs, property taxes, and insurance. You’ll also need to have a plan for managing the property. But a well-chosen investment property should pay for itself through rental income, and you’ll benefit from appreciation as the property rises in value.


We can help you find an ideal long-term rental property to suit your budget and investment goals. Reach out to talk about your needs and our local market opportunities.


●      Short-Term (Vacation) Rentals


Short-term or vacation rentals function more like hotels in that they offer temporary accommodations. A short-term rental is defined as a residential dwelling that is rented for 30 days or less. The furniture and other amenities are provided by the property owner, and today many short-term rentals are listed on websites like Airbnb and Vrbo.

 

A short-term rental can potentially earn you a higher return than a long-term rental, but this comes at the cost of daily, hands-on management. With a short-term rental, you’re not just entering the real estate business; you’re entering the hospitality business, too.


Done right, short-term rentals can be both a hedge against inflation and a profitable source of income. As a bonus, when the home isn’t being rented you have an affordable vacation spot for yourself and your family!


Contact us today if you’re interested in exploring options in either the long-term or short-term rental market. Since mortgage rates are expected to rise, you’ll want to act fast to maximize your investment return.


 

WE’RE INVESTED IN HELPING YOU


Inflation is a fact of life in the Canadian economy. Luckily, you can prepare for inflation with a carefully managed investment portfolio that includes real estate. Owning a primary residence or investing in a short-term or long-term rental will help you both mitigate the effects of inflation and grow your net worth, which makes it a strategic move in our current financial environment.


If you’re ready to invest in real estate to build wealth and protect yourself from rising inflation, contact us. Our team can help you find a primary residence or investment property that meets your financial goals.


Contact Me Click here 


Ph:403-669-2083


 

The above references an opinion and is for informational purposes only.  It is not intended to be financial advice. Consult the appropriate professionals for advice regarding your individual needs.



Sources:


1.     Reuters -
https://www.reuters.com/world/americas/canadas-annual-inflation-rate-hits-51-january-2022-02-16/

2.     MacLeans -
https://www.macleans.ca/economy/inflation-worsening-2022-canada/

3.     Statistics Canada -
https://www150.statcan.gc.ca/n1/daily-quotidien/220216/dq220216a-eng.htm

4.     Bloomberg -
https://www.bloomberg.com/news/articles/2022-01-25/canada-set-to-raise-rates-in-inflation-fight-decision-guide

5.     The Globe & Mail -
https://www.theglobeandmail.com/business/article-the-stealth-pay-cut-wages-arent-keeping-up-with-inflation/

6.     Trading Economics -
https://tradingeconomics.com/canada/deposit-interest-rate

7.     Reuters -
https://www.nasdaq.com/articles/canada-stocks-tsx-down-after-hot-inflation-data-dismal-shopify-forecast

8.     Research Gate -
https://www.researchgate.net/publication/350016324_Gold_and_Inflation_in_Canada_A_Time-Varying_Perspective

9.     Maple Money -
https://maplemoney.com/inflation-protection-are-real-return-bonds-or-tips-the-answer/

10.   Storeys -
https://storeys.com/canadians-using-real-estate-outrun-inflation/

11.   WOWA -

https://wowa.ca/reports/canada-housing-market

Read full post

interior design trends 2022

As the year winds down, there's nothing more fun for us home editors than asking our favorite interior designers to predict the home design trends that we can expect to see in the months ahead. When it came to home decor in 2021, it was all about blending style and practicality as we all continued to spend more time in our homes — upgrades like self-cleaning bidets made bathrooms feel more luxurious while rooms filled with geometric accents gave us something interesting to look at each day.

But what's ahead in 2022? We checked in with some of the most talented designers in the business to uncover the top interior design trends for the year ahead. From new color palettes to unique furniture choices, if your new year's resolution is to give your home a serious makeover, this is the perfect place to get inspired.

 
1. Biophilic Design
interior design trends 2022, biophilic design
"After over a year of being shut inside, there has been — and will continue to be — a focus on regaining our connection to the natural world through the use of biophilic design principles, meaning there will be an emphasis on creating calming environments with natural lighting and ventilation, incorporating plants and creating a visual connection with nature." — Amanda Thompson, Aline Studio

2. Bold Patterns and Colors
interior design trends 2022
"I expect to see a lot of bold color and pattern reminiscent of the 60’s and 70’s, and green in all shades as we continue to bring the outdoors in. I am especially fond of the more muted shades of green such as Sherwin Williams’ Evergreen Fog, as seen in my own bedroom." — Beth Diana Smith, Beth Diana Smith Interior Design

3. Traditional Details
interior design trends 2022, bria hammel interiors
"In 2022, we are seeing traditional details making a big comeback. With so much change around the world over the past few years, it’s no surprise that more and more people are craving a sense of comfort, timelessness or even a bit of nostalgia in their homes. From pattern mixing, skirted or flanged furniture, and the incorporation of antique pieces, this new year is all about honoring our roots. And we couldn’t be happier about it!” — Bria Hammel, Bria Hammel Interiors

4. 3D Art
interior design trends 2022
"We will see a push towards 3D art in 2022. People are looking to add whimsey, intrigue and life to flat walls as we continue to spend more time in our homes. Any art that pops right off the wall, and can be configured in different ways, is going to be very popular this year." — Lauren Behfarin, Lauren Behfarin Design

5. Mindful Spaces
interior design trends 2022
"Next year will bring about a deeper awareness of our spaces and the impact they have on our emotions and wellbeing. We will see more spaces that have personality and personal ties to interests, hobbies and pleasures of its owner." — Marie Cloud, Indigo Pruitt Design Studio
 
6. 1970s Decor Inspiration
interior design trends 2022
"Seventies decor and colors are back. We will be seeing more terracotta, sage and mustard colors as well as mid-century furniture trademarks — peg legs on cabinets and tables, teak wood tones and highly textured fabrics." — Malka Helft, Think Chic Interiors

7. Homework Rooms
interior design trends 2022
"Children continue to drive design spaces and homework is not going away. As the world turns, people may continue to opt out of full classroom settings and opt in for more private spaces and create 'mini corporate offices' for their smallest bosses. These rooms are equipped with interactive smart boards, high-speed WiFi and plenty of plug-in outlets. Homework rooms can also be repurposed later for a college student's startup headquarters or an adult's home office." — Georgia Zikas

8. A Return to Tradition
interior design trends 2022
"Expect English roll arm sofas, wingbacks, simple dining tables based on antique styles and pieces with detail and some history. For materials, we're going to see a lot more natural materials become popular again. Marble, real wood, linens, mohair — things that feel more organic and nice to the touch." — Erin Gates

9. Multifunctional Spaces
interior design trends 2022
"People are starting to understand that they can live with less, especially after the past year. People will start to downsize, or stay in their current homes and become creative with how their spaces can be multifunctional. For example: having your living room be part office. Or office-workout rooms." — Amy Leferink, Interior Impressions

10. Curved Furnishings
interior design trends 2022
"Furnishings of white oak with curves bring a fresh and soft wavy feeling. From curved corners within walls and cabinets to curved backs of sofas, dining chairs and arched cabinets, the angular line of furnishing is softening." — Michelle Harrison-McAllister

11. Lasting Style

interior design trends 2022

"The trend for 2022 is a return to lasting style. We are seeing the effects of our 'buy it and throw it away' consumerism on our planet, and I think people will realize that developing a personal, lasting style is not only beautiful and unique, but good for the environment as well." — Kate Patterson, Perlmutter Freiwald


12. Bringing the Outdoors In

interior design trends 2022

"More people are enhancing their outdoor living spaces, which means stylish outdoor furniture. I see more intentionally-designed outdoor living spaces that don't sacrifice on style and expand the families' living and entertaining space in the home." — Mimi Meacham, Marian Louise Designs


13. Colorful Window Treatments

interior design trends 2022

"In 2022, we’re going to see a lot of color and patterns, especially within window treatments. They play a key role within design because they are the jewelry of the room and can really make an impact. Whether it be drapery, shades or sheers, patterns with a burst of two to three colors will play a strong role in design next year." — Martyn Lawrence Bullard for The Shade Store


14. Pantone's 2022 Color of the Year: Very Peri

interior design trends 2022, pantone very peri

Pantone recently named "Very Peri" as its 2022 Color of the Year. A bold blue with a violet-red undertone, you can expect to see the shade show up in everything from furniture to decor.

"Very Peri displays a spritely, joyous attitude and dynamic presence that encourages courageous creativity and imaginative expression." — Leatrice Eiseman, Executive Director, Pantone Color Institute


Read full post

Latest Blog Posts

New property listed in Cranston, Calgary
New Listings

New property listed in Cranston, Calgary

I have listed a new property at 38 Cranarch LANDING SE in Calgary. See details here Welcome to 38 Cranarch Landing! Pride of ownership ...

READ POST
Inside An $899,900 Country Acreage in Foothills AB!! Homes For Sale 2022
Chalsey Bugéaud's Realty Blog

Inside An $899,900 Country Acreage in Foothills AB!! Homes For Sale 2022

This spectacular Country acreage home is nestled into the rolling Foothills, and has some of the most uninterrupted and picturesque ...

READ POST
Tour this $819,900 Fully Upgraded Home 38 Cranarch Landing SECalgary AB~ Home For Sale 2022
Chalsey Bugéaud's Realty Blog

Tour this $819,900 Fully Upgraded Home 38 Cranarch Landing SECalgary AB~ Home For Sale 2022

Here is why so many people are coming to Calgary- Check out this property! If you are looking for a house that feels like a home this ...

READ POST
I have sold a property at 45 Mcrae STREET in Okotoks
Sold Listings

I have sold a property at 45 Mcrae STREET in Okotoks

I have sold a property at 45 Mcrae STREET in Okotoks. See details here What a property!! If you're looking for an amazing location ...

READ POST
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.