A guide to Altadore real estate

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  • Author Michael Horny
  • Published April 4, 2010
  • Word count 470

Altadore is located between Crowchild and 14th street which includes Sandy Beach and River Beach. The meaning of "Altadore" is unclear. Both Altadore and River park are residential areas which were built during or after 1950s. This city (Calgary) planning began in 1920s and led to the creation of a military base called Currie Barracks, which was used as a training airport in WWII. Homes located in this place are close to a wide range of schools from public, private, elementary to high school and it takes only a few minutes to Mount Royal College and the University of Calgary. Residents in this place can enjoy various sports like tennis and an outdoor pool. Some major attractions in Calgary are Earl Grey Golf Course, and one of the city’s favorite river spots along the Elbow River, just below Glenmore Dam.

Altadore/River Park is an area underground tremendous redevelopment. New condos and infill home projects are continuous. The area consists of mainly tree lined streets and easy access to city pathways and parks. Housing prices are rising quickly in this area thanks to the new development in Garrison Woods.

While buying a house or condo in Altadore, Calgary look into very fine details. Property values in Calgary have risen significantly since 2005, with the average price for a Calgary home now just over $460,000. That’s an expensive transaction – worth hiring a professional to look after the details, with an eye on the big picture: your investment. As the hot market continues to pay dividends here in Calgary, the appreciation of value in your new home will likely outweigh any realty costs within a short period.

According to a recent survey, Calgary single family homes will see a small price growth (+6.3% over 2009) and a relatively large (+17.7% over 2009) spike in total sales, while the condo market has seen prices rise +4.3% over 2009.

After knowing so many good things about Altadore, you may feel like buying a house here. Some highlighted points to remember before buying a house. Firstly, know your budget. By knowing your budget, it becomes easy to search a house within your range. Next important thing is location. While searching a house, do look into the locality. It would be an added advantage, if you buy a house near prime location, price of your house may shoot up in near future. Also give importance to other facilities like school, market, park, gym etc. You should be able to reach these places easily. If you have plans to buy a house in a colony, check whether there is 24 hr water supply, fire safety measures, doctor on call etc. If you have found your dream house but shortage of cash, you can get financial assistance from banks in the form of loans.

By buying a house in Altadore, you can enjoy your life.

Michael Horny is an eminent analyst and writer in real estate related topics. He has authored many books on home buying guide for Altadore Real Estate and Altadore River Park Real Estate. Find more packages at www.altadoreriverparkrealestate.ca

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