Focus on Real Estate: Calgary Real Estate Market poised for a busy spring

(Calgary) – The Calgary real estate market is poised for a busy spring season, and both buyers and sellers can benefit from strategic insights. As a Realtor team in Calgary, Alberta, led by award-winning agents Daniel and Tali Kowall, Kowall Boutique Real Estate brings a wealth of knowledge and expertise to the table. Recognized with the 2024 ICON Award from eXp Realty, a prestigious honor awarded to the top 5% of eXp agents worldwide for outstanding production and meaningful contributions to the real estate community

Daniel and Tali, both born and raised in Calgary’s southwest, have witnessed the city’s transformation over the years. “Growing up in Calgary, many communities that exist today didn’t even exist,” says Tali. “Now, we have vibrant, state-of-the-art communities that are drawing people from all over Canada.” Communities such as Mahogany and Auburn Bay offer lake access, shopping, dining, and high-quality living, reflecting the city’s significant growth. Tali adds, “This city now offers a variety of options for lifestyle, budget, and amenities—choices we never had before.”

Calgary’s urban development, particularly over the last two decades, has been remarkable. “Twenty years ago, in 2005, our population was under 1 million. Today, we’re a city of 1.6 million, marking a 60% growth,” explains Daniel. “Since the COVID-19 era, we’ve seen nearly a 20% increase in population. People are coming to Calgary from across Canada and around the world.” Calgary’s ranking as the 5th most livable city in North America in 2024, with a strong economy, job growth, and proximity to the Rocky Mountains, has solidified its appeal. “It’s an exciting time to witness the city’s growth,” Daniel elaborates.

With continued population growth and recently lowered interest rates, the spring market is shaping up to be particularly active. “Historically, spring is when we see more buyers entering the market, and sellers listing their properties to capitalize on the increased activity,” says Tali. “The spring season typically begins in March and extends into summer, where similar trends continue.” Tali explains that the spring market is driven by several factors, including families who want to finalize moves before the next school season and the more favorable weather conditions for viewing homes and relocating.

For sellers, Daniel emphasizes the importance of preparation: “Boost curb appeal, take care of maintenance and necessary fixes, and meet with your realtor early to ensure you’re fully prepared before listing.” Pricing it competitively is crucial, and listing early in the season can give you an edge before the market becomes saturated.” He also advises sellers to highlight unique features of their homes, such as outdoor spaces or neighborhood amenities. “Using high-quality photos and social media marketing can generate greater interest,” Daniel adds, ensuring we also reach out-of-town buyers, including those relocating from markets like Vancouver and Toronto. “Sellers should also be prepared for quick offers and be flexible in negotiations, as spring buyers tend to act fast.” Daniel further explains that Kowall Boutique Real Estate provides comprehensive listing packages that include all of these services.

For buyers, Tali recommends getting pre-approved for financing early and starting the search sooner rather than later. “In a hot market, being pre-approved gives you a competitive edge, and starting early ensures you have more options before the market gets too busy,” she advises. “Buyers should be ready to act quickly when they find the right property and stick to their budget to avoid overspending.” Tali emphasizes that Kowall Boutique Real Estate helps buyers navigate the competitive landscape, making strategic offers and staying informed on market trends. “Being open to different property options can help buyers capitalize on the opportunities this busy season offers,” she says.

In summary, whether you are buying or selling in Calgary this spring, it’s essential to be prepared and act strategically. Sellers should focus on preparing their homes, pricing accurately, and using effective marketing strategies. Buyers should be proactive, get pre-approved, and work with experts to make informed decisions in a competitive market. At Kowall Boutique Real Estate, Daniel and Tali Kowall, along with their team, are dedicated to helping you navigate the Calgary market with confidence. Contact us today to take the next step toward achieving your real estate goals.