New Listing in West Springs

August 24th, 2017 by Ryan Shandruk

23 Wentworth Circle SW

Fully renovated and upgraded to a high standard! Luxurious kitchen with charcoal cabinets that reach all the way up to the 9′ ceilings. Built-in Wolf and Subzero appliances. Granite counters. Walk-through butler’s pantry to the large mudroom. Reclaimed hardwood flooring and travertine tile. South back yard with stamped concrete patio and concrete walks along both sides of the home. Spacious bonus room upstairs along with 3 large bedrooms. 4th bedroom in the recently professionally developed basement that includes a full bathroom and a recroom and hobby or gym alcove and finished storage areas. Newer high-efficiency furnace with a high-grade filter system. Brand new roof. Central air conditioning. In a quiet neighbourhood with friendly neighbours and multiple ravine pathways. 2 blocks from Catholic K-9 school and within the walk-zone for CBE K-4 & 5-9 schools. Many charter and private schools nearby. Multiple groceries, restaurants, coffee shops and boutiques are within walking distance, or 2 min via car.

To view more photos, floor plan and full listing details visit my webpage.

New Listing in Evergreen

July 24th, 2017 by Ryan Shandruk

32 EVERRIDGE WY SW

Gorgeous 3 bedroom 2 full bathroom home situated on quiet family street; half a block from the brand new Marshal Springs 4-9 school in the desirable community of Evergreen. Fresh paint and recent updates including new carpet. The elegant front entrance welcomes you into the spacious living room with 12 ft ceilings and built-in theatre speakers for surround sound. Upper level consists of large master bedroom with deck access, maple kitchen featuring large island and pantry, plus a breakfast nook leading to the covered BBQ deck and then down to the sun deck. Second bedroom currently in use as home office. The lower level consists of a large rec room with a cozy stone-faced gas fireplace, 4-piece bath & ample storage under living room level. The large back yard receives lots of sun, perfect for the vegetable garden!

To view more photos, floor plan and full listing details visit my web page.

Tips for Listing on AirBNB When You’re Away

June 27th, 2017 by Ryan Shandruk

First launched in 2008 in San Francisco, California, AirBNB virtually invented a business category with its online listings for short term rental opportunities, a way for everyday property owners to let their homes make money for them while they were out of town. While the idea of renting one’s house out to strangers for a few days or weeks at a time seemed bizarre and risky to many at first blush, the practice has become mainstream in recent years, prompting competitors like VRBO to pop up. Despite the occasional scary story, the vast majority of patrons of these services – renters and landlords alike – have positive experiences; indeed, many entrepreneurs have found success listing several properties and acting as a full time landlord to short term tenants. Renting a room, basement suite, or entire home from one of these services can be a cost effective way to travel to many parts of the world whether alone or with a family, enjoying familiar creature comforts and taking advantage of kitchen access to avoid eating every meal in restaurants. Backed by stringent security measures, a transparent ratings system, and, in the case of AirBNB, a $1,000,000 insurance policy for landlords, most would agree that these kind of rentals are safe and attractive.

With summer vacation season approaching, you may be tempted to list your own property on one of these services – what could be better than having your home pay for your vacation while you’re away? Depending on size and amenities, some properties can earn hundreds of dollars a day, of which a small percentage is taken off the top by the booking service. Sounds like major profit with minor effort, but there are some things to keep in mind before making your listing:

 

Consider the tenant’s perspective

If you were renting a property for a week-long family vacation, what would you expect to see when you opened the door? Probably the basics would be impeccable cleanliness, an above-average level of upkeep, new-looking sheets on the bed, well stocked consumables like toiletries, and so on. All these things represent an investment you should make before becoming a landlord. A shoddy-looking property in a poor state of repair will certainly garner lousy reviews right off the bat, and those don’t go away – every tenant’s review stays with the landlord’s profile, so first impressions matter.

 

Treat it as a business

By renting out your property, you are effectively becoming a small business owner, with all that that entails. You may need licensing (check with your city’s information desk), and you certainly need to claim and pay tax on income that you make; those earning over $30,000 in a year need to collect and remit GST as well, just like any other business. On the flip side, expenses incurred by the business may act as write-offs against your income. To be successful, you’ll need to keep receipts, track income, and otherwise follow good accounting practises.

 

Call your insurance company

While the listing service likely offers a form of insurance coverage during your rental, you should have a chat with your insurance broker to ensure you are covered for all possibilities at appropriate levels, and that renting out your property doesn’t invalidate some clause in your policy. You’re absolutely better off knowing these things before a problem arises.

 

Do your research

Are there many properties listed in your area? What are they priced at, and what does that include? If you want to be really thorough, consider renting a comparable property for a night or two with a well-regarded landlord, and make notes about the experience. Use this information to maximize your guests’ experience.

 

Consider hiring a professional

Many property management companies will do all the heavy lifting for you, pricing and promoting your property, for a piece of the profits. If you don’t have time to focus on your listing, and you really want to make a go of it, this may we well worth the investment.

 

Make yourself available

Prompt communication is key to making your tenants feel safe and looked after, so only consider joining one of these services if you’ll be able to respond to both those looking to book and those staying at your property. Most successful listers guarantee responses to inquiries within 24 hours – with some boasting a 1 hour turnaround, no matter the time of day – and either meet tenants personally on the beginning of their stay or have a trusted family member/friend do so. The personal part of the transaction is part of the appeal for some, so don’t neglect this element.

Property rental services like AirBNB are just going to continue to get more popular in this increasingly connected world, and that’s great news for industrious sorts looking to make some income on the side. With careful forethought and some hard work at the outset, you too could be successful in this endeavour.

Want to talk about my experiences with AirBNB? Contact me today!

Summertime Home Renovations

June 23rd, 2017 by Ryan Shandruk

Summertime brings to mind rest and relaxation, sunny patios and cold drinks. If you have a few home renovation projects on your list, it can also be the best time to get cracking. There are myriad reasons why this is the ideal season for upgrading your home: the nice weather means mud and snow don’t get tracked into your home by contractors; your heating system’s usually sitting idle, so changing out an old furnace (and maybe adding an air conditioner) couldn’t be more convenient; your home’s exterior and landscaping are uncovered, making it easy to spot and remedy problems; and vacation time is often more easy to come by in the summer months, meaning you can be around to supervise work and answer questions.

 

So what sort of things can you tackle right now? Here are a few popular projects:

Upgrade the windows

New windows can have a substantial impact on energy efficiency and home comfort, especially if your property is more than ten years old. Modern window technology can keep you cooler in the summer and warmer in the winter for a one time cost that may pay for itself with the reduction in furnace use.

Add an air conditioner

While this might seem like an extravagance in a city like Calgary, where summers aren’t usually excruciatingly hot, incorporating an air conditioner into your home’s heating system may not be as expensive as you think, and the improvement in your sleep and overall comfort throughout the summer may well be worth it. When selling your home, an integrated AC system can also be very attractive.

Redo your deck

Spending a weekend stripping and re-staining your deck, accompanied by a few beers and a stereo, can be a surprisingly enjoyable summertime project; doing this regularly will vastly extend the life of your deck, too. Just make sure there’s no rain in the forecast, as having an unexpected shower lift your stain right after you finish is a real bummer.

Update the landscaping

Most of us, at the very least, plant some annuals and tidy up the yard. But if you have a vision of a more substantive overhaul – which can boost curb appeal and just make you smile when you come up the driveway – summer’s the time to do it. Hiring a trusted landscape contractor, with good references and a solid portfolio, can save you time, money, and aggravation in the long term.

Power wash the house

A winter’s worth of grime can make your home’s exterior dull and uninviting: an hour with a power washer can rectify this, making your property look like new again. Depending on how thick the dirt is, power washing can even keep your home cooler, as lighter colours reflect the sun’s rays more efficiently.

Organize the garage

For most of us, the garage can quickly become a repository for stuff we don’t want to deal with, and throughout the winter it’s hardly an inviting environment in which to spend a few hours organizing. So do it in the summer! Raise the garage door, put on some tunes, and get your space clean and itemized so you can find what you need when you need it. Then call the charity of your choice to pick up all the things you discovered you haven’t needed in the past year.

Those are just a few ideas of summertime improvement projects. Have some that I missed? Mention them in the comments! Want to talk to an expert on the best places to put your time and money to make your home sale-ready for the fall? Contact me today!

New Listing in Patterson

May 21st, 2017 by Ryan Shandruk

50 PATINA VW SW

Desirable end unit nestled within Capilano Ridge away from the busy street. Upgraded over the years; pride of ownership abounds. Super clean and move-in ready. Newer espresso maple kitchen cabinets with quartz countertops and subway tile backsplash. New hardwood and tile flooring. New bathroom renovations too including new cabinets, counter tops and tile surrounds. The 5-piece ensuite boast dual sinks and a deeeep soaker tub with a large separate shower. The oversized double-tandem garage boasts lots of room for storage and two cars, plus room for a third on the driveway. Visitor parking is very nearby too. New drywall in the garage with spray foam insulation behind. This home has had the same owner last 11 years, and was renovated to enjoy over the long term. Now all this could be yours.

To view more photos, full listing details and floor plan visit my web page.

New Listing in Cougar Ridge

May 21st, 2017 by Ryan Shandruk

65 COUGARSTONE CR SW

Open kitchen with a massive centre island. Quartz counter tops, antiqued maple cabinetry with task lighting plus a walk-in pantry and built-ins galore. Mudroom with lockers & hooks; everybody has a space for their shoes, coats and bags! There is also a main-floor flex area providing space for a formal dinning area, a den, or a play area. Bonus room offers vaulted ceilings and large windows. Master retreat has a large walk-in closet and a great ensuite with dual sinks. 4th bedroom and a full bathroom in basement, plus a massive rec-room (a portion of which could easily be made into a 5th bedroom). The extra wide lot has a sunny south back yard complete with a putting green, a play structure, and a large deck with a hot tub, all included! The oversized attached garage is offset to the side, creating a dog-run/storage space behind and allowing for a large front porch. Situated on a quiet no-through road in a family community; down the street from COP/Winsport. Close to nature, walking paths, and wetlands.

To view more photos, full listing details and floor plan visit my web page.

New Listing in Altadore

May 13th, 2017 by Ryan Shandruk

#9 1729 34 AV SW

Condo fees include heat! Over 2000 SqFt (developed) in Marda Loop with private 2-car garage with direct access to the home. Courtyard location. Open kitchen with a massive breakfast bar with granite countertops, a gas stove, and walk-in pantry. Cozy corner gas fireplace with a circulation fan. Gated south patio with a gas outlet for BBQ (included). Master retreat encompasses the top floor; boasts vaulted ceilings, a French door Juliette balcony, and spacious walk-in closet with built-ins. Ensuite with dual sinks and a shower separate from the soaker tub. Middle floor has 2 bedrooms (one with a walk-in closet with built-ins), a full bathroom, and laundry area. The lower area is where you’ll find the private drive-in double tandem garage with a large workbench and storage area, plus a half-bath and the utility area. There is a sound system throughout the home with two speakers in every room with a master control unit (included) and digital wall controls.

To view more photos, floor plan and full listing details visit my web page.

New Listing in West Springs

May 8th, 2017 by Ryan Shandruk

#108 7 Westpark Common SW

eighty5nine by Morrison. This awesome one-bedroom would be perfect for the up and coming and the savvy investor. Contemporary flair throughout: stainless steel appliances plus quartz counter tops and modern cabinetry with soft-close hinges and runners. Deeeep soaker-tub with a rain shower-head in the cheater en-suite. Spacious 9ft ceilings and in-unit storage. Private patio with a gas line for a BBQ. This unit boasts it’s own front door and direct access to the heated parkade (think of it as a single-level townhouse). Open the back door and your titled parking space is right there. It’s an end-of-row spot with extra space on one side. Super-close (literally just steps, a block or less) to many cool boutique shops and at least 7 restaurants, plus 2 grocery stores, 3 banks, 3 coffee shops, and more. There are multiple nature pathways in the area. COP/Winsport is 2 minutes away; 7 minutes to Westside Rec centre and 69St C-Train Station. Downtown is just a quick jaunt down Bow Trail.

To view more photos and full listing details visit my webpage.

New Copperwood Listing

March 24th, 2017 by Ryan Shandruk

#2101 24 HEMLOCK CR SW

2101, 24 Hemlock Cres

Copperwood! This one has it all. Clean and fresh with recent updates. Main floor location. 2 bedrooms separated from each other by a large living room with a gas fireplace. 2 full bathrooms, one an ensuite, and one a cheater-ensuite. There’s a full laundry area to help hide away the mess. The master bedroom features a large walk-in closet with brand new California Closet built-ins. Receive your guests in the spacious front hall that features a den area with a built-in desk. Awesome location right beside Shaganappi Golf Course. Just a 10 minute walk to the Westbrook C-train, groceries, restaurants and shops. Copperwood has multiple amenities available, including lush landscaping with gazeboes and pathways, a full gym, and a recreation room. The parkade features a car wash, bicycle storage, and a craft room plus a workshop!

To view more photos, floor plan and full listing details visit my webpage.

CMHC Premium Increases – Nothing to Worry About

March 12th, 2017 by Ryan Shandruk

Mortgage

Earlier this month, the Canadian Mortgage and Housing Corp. announced that it will be increasing premiums on mortgages insured on or after March 17. This applies to home buyers financing more than 65 percent of their new home’s purchase price.

Don’t freak out about this; the increase is minor, and is actually a good step for the health of the  real estate market overall. Consumers financing $245,000 would expect to pay about $5 more per month in CMHC premiums, while those with mortgages worth $350,000 and $450,000 would see increases of just $7 and $8 respectively.

Those looking to lock in at current rates need to have a full application (not just a preapproval) submitted to a lending institution by 9:59 MST on March 13, so unless you’re well on your way to making an offer, the moment has likely passed. However, given the modest level of the increase, it’s not worth rushing a decision just to get in ahead of the deadline.

To get all the specifics about CMHC insurance rates, or to strategize your next home purchase, contact me today!

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.