How Do I Calculate My True Home Equity Before Buying and Selling in Calgary in 2026?

How Do I Calculate My True Home Equity Before Buying and Selling in Calgary in 2026?

Your true net equity is your home's estimated sale price minus your mortgage balance, minus all selling costs, including realtor commissions (typically 7% on the first $100,000 and 3% on the remaining balance), legal fees (around $2,000), and preparation costs like painting or staging ($4,000-$8,000). This real number is usually $30,000-$50,000 less than most homeowners calculate.

Most Calgary families upgrading their homes make the same expensive mistake. They calculate their equity as simply their home value minus mortgage balance, not realizing this fantasy number can cost them tens of thousands of dollars when they actually try to move.

After 20 years of…

55 Views, 0 Comments

What Is the Calgary Real Estate Market Like in April 2026?

What Is the Calgary Real Estate Market Like in April 2026?

What Is the Calgary Real Estate Market Like in April 2026?

Calgary's real estate market in April 2026 isn't experiencing the uniform crash many headlines suggest. Instead, the market has split into four distinct segments operating by completely different rules, with detached homes entering seller's market territory at 2.2 months of inventory while apartments sit in buyer's market conditions at 4.6 months of inventory.

Download the Full Market Guide for April 2026 Here

Is Calgary Really Seeing More Inventory in 2026?

April 2026 shows 5,395 active listings, up nearly 5% from last year. However, new listings are actually down 15% year over year. This creates what industry…

308 Views, 0 Comments

What Are the Red Flags to Watch for When Hiring a Real Estate Agent in Calgary in 2026?

What Are the Red Flags to Watch for When Hiring a Real Estate Agent in Calgary in 2026?

There are five critical red flags every Calgary homebuyer should watch for when hiring a real estate agent, especially if you're planning to buy and sell simultaneously. The wrong agent can cost you far more than money and these warning signs will help you identify them before it's too late.

Agents who avoid telling you difficult truths are actually protecting their deal, not your interests. The most dangerous agent isn't the obviously bad one, but the one who tells you everything you want to hear instead of what you need to know.

What happens when an agent prioritizes the deal over your best interests

A good agent should be just as quick to help…

84 Views, 0 Comments

Home appraisal in Calgary: Costs, Services, Companies, Checklist, Requirements

What is a Home Appraisal in Calgary?

Looking for a home appraisal in Calgary? A home appraisal is an opinion of the value of a home. Home appraisal is an unbiased professional estimate of a property's worth.

Sellers and buyers often require the services of a professional to evaluate their homes. An individual qualified to conduct this exercise is called an appraiser. An appraiser’s opinion usually follows an inspection of the home. Some key factors are considered during this inspection. They include the location, condition, and features of the property.

From our experience at Chamberlain Group, it is a vital tool in real estate transactions. This includes purchase and refinance transactions. Here, we will examine home appraisal in detail.

What…

2701 Views, 0 Comments

5 Affordable towns near Calgary

5 affordable towns near Calgary

The affordable towns near Calgary are Airdrie, Cochrane, High River, and Strathmore; each has something special to offer potential buyers. Here are the 5 affordable towns near Calgary:

1. Strathmore: The median price for a home in Strathmore is $532,500.
2. Diamond Valley: The median home price in Diamond Valley is $563,750.
3. Carstairs: The median home price in Carstairs is $564,000
4. Crossfield: The median home price in Crossfield is $580,000.
5. High River: The median price for a home in High River is $581,750

The 5 towns near Calgary listed above are more affordable than Calgary. These towns are a logical choice for those who might be interested in low housing prices, along with pocket-friendly living…

4738 Views, 0 Comments

How do real estate prices in Toronto compare to Calgary?

How do real estate prices in Toronto compare to Calgary?

Compared to Calgary’s real estate market, that of Toronto is much more expensive. According to the Canadian Magazine of Immigration, by March 2024, the average cost of a home in Toronto was $1,113,500 compared to an average house price of $608,415 in Calgary the same year.

Here's a breakdown of the real estate prices in Toronto compared to Calgary.

…

2272 Views, 0 Comments

What are the property taxes in Calgary?

What are the property taxes in Calgary?

The property taxes in Calgary is 0.006486% for 2024. This tax rate of 0.006486% is a sum of the City tax rate of 0.004423% and the Provincial tax rate of 0.002282%. Property taxes in Calgary, is a levy based on the assessed value of the property, times the total tax rate. For example if your house is worth $500,000 times this by 0.006486% and yo u will have a tax bill of $3243. This tax bill will be applicable to property owners or landholders.  Here is a table showing the property tax rates in Calgary with assessment class according the cities of Calgary website:

2925 Views, 0 Comments

How do real estate prices in Vancouver compare to Calgary?

How do real estate prices in Vancouver compare to Calgary?

Real estate prices in Vancouver are much higher when compared to Calgary. The benchmark price of homes in Metro Vancouver was $1,196,800. But the price in Calgary is much lower at $597,600. Between both cities, the choice of a home can be difficult. Several factors may influence your decision. Employment opportunities and the cultural scene play a vital role. Calgary offers a vibrant gas sector for individuals interested in the oil and gas industry. On the other hand, Vancouver boasts oceanfront and mountain views, as well as diverse cultural scenes. Both cities offer unique features. The cost of real estate is equally important. Property prices depend on the type of property and location.…

2141 Views, 0 Comments

Moving from Vancouver to Calgary

Moving from Vancouver to Calgary

People migrate from Vancouver to Calgary for many reasons. One is the rich oil and gas industry in Calgary. Major industry players have their headquarters located in the city. Their presence creates plenty of opportunities for job seekers from neighboring Canadian cities.Have you decided to move from Vancouver to Calgary? Well, that's a significant decision. It is important to have enough and accurate information.Our team at Chamberlain Real Estate will help explain all that you need to know about moving to Calgary.

How does the cost of living in Vancouver compare to Calgary?

The cost of living in Vancouver is 10 times higher than in Calgary. According to CleverCanada, Vancouver is known as one of the most…

570 Views, 0 Comments

What are the best daycare centers in Calgary?

What are the best daycare centers in Calgary?

Are you looking for a clean, fun, and engaging environment for your child while you are away? If you are a working-class parent of an infant, this article is for you.Daycare centers are somewhat like institutions. They care for and supervise infants and young children while their parents are away. This activity is usually done in the daytime to allow parents to hold onto their jobs. Daycare centers vary in the type of service they render. This often distinguishes one from another. Aside from the basics, some go to extra lengths to educate the infants through various activities. From storytelling and playtime to solving puzzles and arts and crafts. These activists help to stimulate the child’s emotional,…

3631 Views, 0 Comments