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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.

Condo Commentary

I read an interesting article last week that I thought deserved some commentary. The gist is that a Calgary man sold his condo and between

New home warranties and a market update

Earlier this year, the Alberta government legislated changes in the home-warranty industry that provide additional security to home buyers. In the past, most builders provided