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The Cost of Waiting: Calgary's Escalating Real Estate Prices
Dated: February 29 2024
Views: 120
If you didn't buy a home last year in Calgary, how much more is it going to cost you this year? Let's dive into a real-life comparison to see the staggering difference.
In the southwest community of Haysboro, Calgary, Alberta, we'll take a look at two similar homes. The first was snapped up for $510,000 in January 2023, while the second went for a whopping $630,000 in January 2024. That's a jaw-dropping $120,000 difference in just one year! And what's more surprising is that these properties are very comparable in terms of community, status and size.
This significant price increase highlights the rapid escalation of real estate prices in Calgary. But what if you wait another year to upsize, downsize or buy your first place? 🤔 It's a risky gamble. With prices on the rise, delaying your move could mean even higher costs in the future.
The moral of the story is clear: if you wait too long, you could risk being completely priced out of the market. Don't let the opportunity slip away – Let's make a plan for you today and ensure you're positioned to make the most of Calgary's thriving market.
Kowall Real Estate
Welcome to Kowall Real Estate, your go to Calgary realtors for all your real estate needs. Led by Daniel Kowall and Tali Kowall, our team is proud to be part of EXP Realty in Calgary, AB, Canada. We a....
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