February 2015

There are 4 blog entries for February 2015.

Feb 2015 Renovation

You know the feeling you get when you walk into someone's house that's decorated to the nines and is so clean you could eat off the floor? The one that makes you stand back and say 'wow’?

Well, here are some ways to take this one step further when renovating your home. Not only will your guests say 'wow,' but their jaws will hit the floor, their eyes will pop out and their hearts will skip a beat.

1. An ‘S’ shaped seat turns your shower or steam room into one you can lie down in
2. Consider a hidden room
3. Build a second mini fridge into your kitchen island for beverages
4. Magnetize your walls so you can hang anything
5. Stretch a hammock across your ceiling.

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YYC Taxes

Most likely, you've already received your property tax assessment from the City of Calgary. Although the City doesn't have enough staff to look at every house, it bases the assessment on several key things such as age, size, layout, traffic noise, proximately to things like schools, etc. Here are some helpful tips for better understanding your assessment.

What is it?

This assessment makes sure the value of your home reflects how much tax you have to pay on it. So in other words, the assessment places a dollar value on your home for tax purposes.

Why did I see an increase or decrease from last year?

Your property assessment should reflect how the overall market did last year. If houses in your neighbourhood didn't sell as well as they did the year before,

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Calgary Boat & Sportsmen's Show – Thursday, Feb 5 to Sunday, Feb 8
Family Quest - Gasoline Alley Museum – Thursday, Feb 12 to Monday, Feb 16
In The Heat of the Night - ZOO – Friday, Feb 13
Eau Claire Market Family Fun Day – Monday, Feb 16
Canada's Top Ten Film Festival – Friday, Feb 20 to Thursday, Feb 26
Calgary Home + Garden Show – Thursday, Feb 26 to Sunday, March 1

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Consumer confidence impacting demand

Calgary, February 2, 2015 - Low oil prices throughout January, combined with a shifting outlook in the energy sector, caused unease for consumers. As a result, monthly housing sales activity fell to levels not seen in five years.

Email Version YYC Feb 2015

"Economic conditions this year are expected to be weaker than original estimates provided in December 2014," said CREB® chief economist Ann-Marie Lurie. “This change is partly connected to continued low energy prices, which impact consumer confidence. A lack of recovery in oil has many concerned about their employment status and this concern is reflected through the weaker sales activity in Calgary’s January resale figures,” said Lurie.

Sales levels were over 35 per cent lower than

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