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Why Are Condo Fees So High in Calgary?

As realtors, we hear all the time how people are against owning a condo and the main reason is that they don’t want to pay condo fees. The intent of this blog is to help you understand where your money is going when you own a condo. 

Every condo in Alberta is made up of a condo corporation that has 10,000 unit factors. Your unit factor is your ownership in the condo corporation, just like owning shares in a company on the stock market.

Home Insurance Q&A – Part 2

In our last blog, Home Insurance Q&A Part 1, Jadyn of Agnew Insurance broke down their company’s policies and coverage on certain factors that can affect your insurance policy. This is a friendly reminder to review your policy and update any changes. ie. capital upgrades to your home, any large purchases, home security systems etc.

Home Insurance Q&A – Part 1

A big part of buying a home is making sure you and your belongings are protected. Calgary is no stranger to extreme weather conditions and of course, accidents do happen. We asked a local expert, Jadyn Agnew of Agnew Insurance Ltd., Co-operators a few questions to give you some insight on important factors to consider when buying a home.

Should I buy a condo to Airbnb in Calgary?

Is a short-term rental right for you? Often referred to as an Airbnb, a short-term rental (STR) is a property that is leased for 30 days or less and charges a nightly or weekly fee. There are upwards of 800 STRs listed on Airbnb in Calgary and include all types of properties from single-bedroom shared spaces to fully detached homes.