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Eric Malcolm - RealEstate CIR REALTY Agent Providing top quality service & representation for buying and selling your property.

10/16/2026

🏡 30 Days of Real Estate Facts — Day 25!
Found a quick-possession home in Calgary? Before you get excited about moving in next month, there’s something you need to check!
The term quick possession sounds like the home is ready and waiting for you to move straight in.
But that isn’t always the case.
A quick-possession home is generally a property a builder already has underway or completed, with the intention of offering an earlier possession than a home built from scratch.
But quick possession doesn’t automatically mean immediate possession.
For example, the home might still need finishing work, final inspections, or other steps before the builder can hand it over. Even if construction is complete, the possession date will depend on the builder’s timeline and the requirements that need to be met before closing.
And here’s another thing to remember: you shouldn’t make moving arrangements based only on the advertised possession date.
Confirm the home’s actual completion status, the expected possession date, what’s included in the purchase, and what could cause that date to change.
If you’re selling your current home, ending a lease, or arranging movers, those details become even more important.
Because the goal isn’t just to find a home you can get sooner.
It’s to know when you can realistically take possession—and plan your move around that.
That’s Day 25 of my 30 Days of Real Estate Facts!
Have you ever assumed that a quick-possession home meant you could move in immediately? Let me know in the comments!
And follow along for tomorrow’s real estate fact.

10/15/2026

🏡 30 Days of Real Estate Facts — Day 24!
Would you rather be the first person to live in a home, or buy a home where you can see how it has held up over time? Your answer might influence whether you choose new construction or resale.
When you’re buying a home in Calgary, both options can be worth considering—but there are some important differences.
With new construction, you may have the opportunity to choose certain finishes, colours, layouts or upgrades, depending on the builder and stage of construction.
But don’t assume every feature you see in a show home is included in the advertised price. Ask what’s actually included, what costs extra, and what the expected completion timeline looks like.
With a resale home, you can usually assess the finished property, its existing features, the surrounding neighbourhood and how the home has been maintained over time.
You may also get established landscaping, mature trees or improvements the previous owner has already completed.
However, you’ll want to look carefully at the home’s age, maintenance history and the condition of its major components.
And here’s something buyers sometimes overlook: the purchase price alone doesn’t tell you which option offers better value.
Compare what you’re actually getting, what you may need to spend later, the location, and how each property fits your plans.
So before choosing between new construction and resale, look beyond the excitement of a brand-new home or the appeal of a move-in-ready property.
Choose the home that makes the most sense for your needs—not just the one that looks best on paper.
That’s Day 24 of my 30 Days of Real Estate Facts!
Tell me in the comments: If you were buying today, would you choose new construction or resale—and why?
Follow along for tomorrow’s real estate fact!

10/14/2026

🏡 30 Days of Real Estate Facts — Day 23!
Looking for a home in Calgary? Before you decide what to buy, you might want to think about WHERE you want to live, because not every community offers the same options.
One thing I want buyers to understand is that choosing a home isn’t just about the property itself. The community you choose can make a big difference, too.
For example, if you’re exploring Mahogany, you might be drawn to the lake lifestyle, recreational amenities and the mix of housing options available in the community.
In Seton, you can explore options that may appeal to buyers who value access to amenities, shopping, services and the South Health Campus area.
And if you’re looking at Heartwood, you may find newer housing options worth exploring as you consider your budget, preferred home style and future plans.
Now, if you’re open to looking beyond Calgary’s city limits, Airdrie is another option to consider, with a variety of housing styles and communities of its own.
But here’s the important part: none of these communities is automatically the best choice for everyone.
Your budget, commute, lifestyle, household needs and the type of property you’re looking for should all help guide your decision.
So instead of asking only, “What can I afford?” also ask, “Where can I find the right combination of home, location and lifestyle for me?”
That’s Day 23 of my 30 Days of Real Estate Facts!
If you’re exploring Calgary and aren’t sure which communities to consider, send me a message with “COMMUNITY.” I’d be happy to help you start narrowing down your options based on what matters most to you.
And follow along for tomorrow’s real estate fact!

10/13/2026

🏡 30 Days of Real Estate Facts — Day 22!
Hey Canada, I hope you all had a great Thanksgiving!
“You’ve finally saved enough for a down payment. Congratulations! But are you financially ready to buy a home? There’s something else you need to consider.”
When you’re planning to buy a home, it’s easy to focus so much on saving your down payment that you forget about the other expenses that can come with closing a purchase.
For example, you may need to budget for a home inspection, legal fees, a property title registration fee, and adjustments for expenses the seller has already paid, such as property taxes or condo fees.
And depending on your situation, there could be other costs too.
Here’s why this matters: you don’t want to put all your available savings toward the down payment and then realize you don’t have enough money set aside to complete the purchase comfortably.
So, before you start shopping for a home, ask your mortgage professional and real estate team to help you understand the funds you’ll need beyond your down payment.
Because being ready to buy isn’t just about qualifying for a mortgage or saving enough for the deposit.
It’s about being financially prepared for the entire transaction.
That’s Day 22 of my 30 Days of Real Estate Facts!
Tell me in the comments: When you were saving to buy a home, did you know there were additional costs beyond the down payment?
Follow along for the next real estate fact!

Happy Thanksgiving Canada! 🇨🇦 Our 30 Days of Real Estate Facts series continues tomorrow.
10/13/2026

Happy Thanksgiving Canada! 🇨🇦 Our 30 Days of Real Estate Facts series continues tomorrow.

10/12/2026

🏡 30 Days of Real Estate Facts — Day 21!
Thinking about selling your home? Before you list it, there are a few costs you might want to plan for first.
And no, I’m not just talking about real estate fees.
One thing first-time sellers sometimes overlook is that getting your home market-ready can come with its own expenses.
For example, you might need to touch up some paint, fix a few things around the house, improve the landscaping, arrange professional cleaning, or consider staging to help your home make a better first impression.
And if you’re moving to another home, you may also need to budget for moving expenses, temporary storage, or even a short period of overlapping housing costs.
Now, here’s the important part: you don’t necessarily need to spend thousands of dollars before selling.
Some homes may benefit from a little preparation, while others may need very little. The goal is to identify what is actually worth doing for your property—not spend money on improvements that may not pay off.
So before you start booking contractors or buying supplies, take a step back and ask:
“Which expenses are necessary, which are optional, and which could make a meaningful difference when I sell?”
That way, you’re making decisions based on a plan instead of spending money simply because you think you have to.
And remember, when objecting to listing your property with a realtor because of the real estate fees, understand that many of the services a realtor provides include upfront costs often paid out of their own pockets.
That’s Day 21 of my 30 Days of Real Estate Facts!
And if selling has been on your mind but you’re unsure what you’d need to do before listing, send me a message with “PREP.” We can start by looking at your property and identifying what may be worth considering.
Because sometimes, the best first step toward selling isn’t putting your home on the market.
It’s understanding what getting it market-ready would actually involve.
Follow along for tomorrow’s fact!

10/11/2026

🏡 30 Days of Real Estate Facts — Day 20!
If you think a buyer’s agent is just there to find you a house and open the door… you’re missing a big part of the picture.
Because finding a home is only one part of the home-buying process.
Let’s say you’re buying a home in Calgary. You find a property you love, and you’re ready to make an offer.
But now you have some important questions.
Is the asking price reasonable?
What should you look at before making an offer?
Are there concerns with the property that deserve a closer look?
What conditions should you consider including in your offer?
And are there terms you could negotiate beyond just the price?
That’s where a buyer’s agent can bring value.
A good buyer’s agent helps you assess the market, understand the transaction, navigate the offer and negotiation process, keep track of important deadlines, and identify questions you may need to ask before moving forward.
And just as importantly, they should explain your options so you can make informed decisions—not pressure you into making an offer you’re uncomfortable with.
Because the goal isn’t simply to help you find a house. It’s to help you navigate the process of buying it with greater clarity and confidence.
That’s Day 20 of my 30 Days of Real Estate Facts!
If you’re planning to buy a home in Calgary or the surrounding areas, here’s a question worth asking: Would you know what to look for beyond the photos and asking price?
Let me know in the comments, and follow along for the next fact!

10/10/2026

In Metro Calgary, the average price of a detached or semi detached home rose between 2.24% to 5.42% averaging $692,838 for semi-detached to $828064 for detached homes. On the other hand, townhouses and apartments sale prices decreased between 5-6% with apartments averaging 327,750 and townhouses showing an average of $427227.

So what’s happening in Airdrie?

Airdrie’s year over year average price has dropped between 1 and 9%. In dollar value, that’s between $244,542 to $598,012.

Check the market snapshot for more details.

Calgary’s September 2026 benchmark prices show that the market is behaving differently depending on the type of property. Detached home prices have remained relatively stable compared with last year, while townhouses and apartments have experienced larger declines.
This is why it’s important to look beyond the overall market numbers. The community, property type and comparable sales all matter when determining what a specific home may be worth.

10/10/2026

🏡 30 Days of Real Estate Facts — Day 19!
Buying a home in Calgary? Don’t book your movers until you understand this about possession day.
Your possession day is here… so why don’t you have the keys yet?
If you’re buying a home in Alberta, this is something you need to understand before booking your moving truck!
Your possession date is the date you’ve agreed to take possession of the property. But that doesn’t necessarily mean you can walk in first thing that morning and start moving your furniture.
Here’s why.
On possession day, the purchase still has to go through the necessary closing steps. The seller’s funds must be received, the transaction must be completed according to the agreed arrangements, and your keys are generally released once the required closing steps have been confirmed.
And here’s the important part: the exact possession date and time matter. Don’t assume you can get access at midnight, first thing in the morning, or whenever your moving truck arrives.
Imagine booking movers for 9 a.m., only to find out your keys won’t be released until later that day. Now you’re dealing with delays, extra costs, and a whole lot of unnecessary stress!
So before possession day, confirm the agreed possession time with your real estate team, coordinate with your movers, and avoid scheduling everything around an assumption.
Because buying the home is one thing. Getting access to it and moving in smoothly is another.
That’s Day 19 of my 30 Days of Real Estate Facts!
If you’re planning to buy a home in Calgary, this is one of those details worth knowing before moving day—not on it!
Would you have known to confirm your possession time before booking your movers? Let me know in the comments, and follow along for tomorrow’s fact!

10/09/2026

🏡 30 Days of Real Estate Facts — Day 18!
You found your dream home, the seller accepted your offer… but you might not actually have an unconditional deal yet.
Why?
Because a home can be sold with conditions.
When a buyer makes an offer, they can include conditions that need to be satisfied before the transaction becomes firm.
For example, the offer might be conditional on financing, a home inspection, or the sale of the buyer’s existing property, depending on the circumstances and what the parties agree to.
So imagine you offer $500,000 for a home, the seller accepts—and the offer is conditional on you obtaining satisfactory financing.
The seller has accepted your offer, but the deal isn’t really firm yet.
There is still a condition that needs to be satisfied or waived within the agreed timeframe.
And here’s why this matters:
“Accepted offer” and “firm deal” aren’t exactly the same thing.
The exact conditions, deadlines, and wording matter.
That’s why buyers shouldn’t just focus on the price they’re offering. They also need to understand what they’re agreeing to and what has to happen before the transaction becomes firm.
So remember:
Accepted offer does not automatically equal firm sale.
That’s Day 18 of my 30 Days of Real Estate Facts.
Did you know a home could be sold with conditions?
Let me know in the comments—and follow along for tomorrow’s fact.

 
 
 


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