Buying a home is an exciting milestone, but it can also be overwhelming if you’re not sure what to expect. Whether you're purchasing your first property, upgrading, or relocating, here are the top tips and answers to common questions buyers often face in today’s Calgary market.
1. What’s the first step in buying a home?
Get pre-approved for a mortgage.
Before touring homes, connect with a trusted mortgage broker or lender. Pre-approval gives you a clear budget, strengthens your offers, and helps you move quickly when the right property hits the market.
2. How much can I afford?
This depends on your income, savings, debts, down payment, and interest rate. Lenders usually recommend that your housing costs (mortgage, taxes, utilities) stay below 32% of your gross monthly income. A mortgage pre-approval will clarify your price range and comfort zone.
3. Should I buy a home or a condo?
It depends on your lifestyle, budget, and priorities.
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Condos & Townhouses typically offer lower purchase prices and less maintenance, but come with monthly condo fees.
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Single-family & Semi-Detached homes may cost more but provide more space and flexibility.
Let’s discuss what works best for your lifestyle and long-term plans.
4. How competitive is the market right now?
Calgary continues to experience strong demand, especially for well-priced homes in desirable communities. Multiple offers are still common, particularly in entry-level and mid-range price points. It’s important to move quickly and confidently, and I can help you navigate competitive situations without overpaying.
5. How much should I offer?
We’ll review:
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Recent comparable sales
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Market conditions
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Property condition and time on market
This helps us structure a strong, informed offer that protects your interests while staying competitive.
6. What conditions should I include in my offer?
Common buyer conditions include:
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Financing approval
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Home inspection
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Review of condo documents (if applicable)
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Sale of the buyer's current home
These conditions offer important protection and are standard practice. In hotter markets, we may discuss ways to strengthen your offer while minimizing risk.
7. What’s involved in a home inspection?
A licensed inspector will assess the roof, foundation, electrical, plumbing, HVAC, windows, appliances, and more. They’ll flag any issues so you can make an informed decision or renegotiate if needed. Even newer homes can benefit from an inspection.
8. What are closing costs?
In addition to your down payment, budget for:
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Legal fees
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Home inspection
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Title insurance
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Adjustments for property taxes or condo fees
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Moving expenses
I’ll help you plan for these costs so there are no surprises on possession day.
9. What’s the timeline from offer to possession?
Most deals close in 30 to 60 days, depending on the seller’s flexibility and your financing timeline. You’ll want to have your mortgage, legal paperwork, and insurance in place in advance.
10. How do I choose the right neighbourhood?
Think about:
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Commute times
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School districts
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Lifestyle amenities
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Future resale value
I’ll help you explore family-friendly communities and up-and-coming areas that match your goals, especially if you’re new to Calgary.
Looking to Buy? I’ve Got You Covered.
Whether you’re a first-time buyer or a seasoned mover, I’m here to guide you through every step of the buying process from start to finish and won't pass you off to someone else. Let’s sit down, talk about your goals, and create a plan that works for you.
Visit my Buyers Page for more resources and tools to get started.
Have questions or ready to start your home search? Contact me today—I’d be happy to help!
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