Everyone dreams of owning that amazing mansion or inner city oasis. For some, its space and land outside the country or even a chic penthouse on the river; regardless of where it is, almost everybody would like to eventually own a high end luxury home.
More often than not this takes time as the cost for a Calgary luxury home is usually two to three times higher than a typical middle class residence. When the time is right and for those who can afford luxury living in Calgary, getting the most out of their home is a must.
Finding the right Calgary real estate agent with experience in luxury home sales is what you need and deserve. Service, expertise, contacts and experience are all necessities to getting the experience you deserve.
Buying a Calgary Luxury Home – 5 FAQ’s
1 – What are the rules and guidelines for the community?
A factor in maintaining the exclusive status of most affluent communities is to uphold strict rules and guidelines set forth by the local home owner association. Make sure you know what they are before moving in to your new luxury home!
2 – Are there any problems on the street your prospect house is on?
Talk to a few residents living in the prospect community. It never hurts to see if there are any problems on the street before purchasing that dream luxury home you’ve always wanted
3 – Is this a good investment?
Buying in an affluent community is an important investment. Getting a renowned real estate agent to help you find the best deal for the best luxury home you desire will help substantiate a good investment
4 – Is the home located where I want it to be?
Think about the area you are buying in. Do you work downtown and want to live close to downtown in a community like Mount Royal? Or would you prefer a suburban, luxury community on the edge of Calgary like Aspen Woods?
5 – What features do I want in my luxury home?
Luxury home owners generally have specific wants and needs, so their homes are generally highly customized to tend to their desires. If you are thinking of buying a luxury home, knowing exactly what features you want in your home is key and having the assistance of a real estate agent who knows these kinds of properties to help along the way is recommended.
MLS Luxury Home Sales for 2005 to 2011
In Calgary, we have seen luxury home sales (homes above or equal to the $1 million dollar mark) last year in 2011 come very close to 2007, when the housing market set a record for luxury sales.
- 2005 – 142
- 2006 – 339
- 2007 – 462
- 2008 – 371
- 2009 – 340
- 2010 – 367
- 2011 – 448