Calgary Real Estate FAQs

Thomas Calvert is a Calgary residential REALTOR® with RE/MAX Landan Real Estate. He began his real estate career in 2007 and has participated in more than 1,200 real estate transactions. He helps clients buy, sell and invest in residential real estate throughout Calgary and surrounding communities.

Look for a Realtor with demonstrated experience in your local market, a strong understanding of pricing and negotiations, verified client reviews and a clear strategy for your goals. Thomas Calvert has worked in Calgary real estate since 2007, helping clients navigate changing market conditions and make informed property decisions.

Thomas works with residential buyers and sellers throughout Calgary and surrounding communities. His experience includes properties in McKenzie Towne, Cranston, Mahogany, Chestermere, Okotoks and other established and growing communities across the Calgary region.

In Canada, the minimum down payment is 5% of the first $500,000 of the purchase price and 10% of the portion between $500,000 and $1.5 million. Homes priced at $1.5 million or more need at least 20% down. If you put down less than 20%, you'll also pay for mortgage default insurance, which is usually added to your mortgage. These rules change from time to time, so confirm the current numbers with your lender or mortgage broker before you start shopping.

No. Alberta is one of two provinces without a land transfer tax. Buyers pay land titles registration fees instead, based on the purchase price and the mortgage amount. For a typical Calgary home those fees come to a few hundred dollars, a fraction of what buyers pay in provinces like Ontario or British Columbia.

Plan for legal fees, title insurance, land titles registration fees, a home inspection, property tax and utility adjustments, and moving costs. If you're buying a condo, budget for a condo document review as well. A common rule of thumb is to set aside 1.5% to 4% of the purchase price, and your lawyer and lender can give you an exact estimate.

Most offers include a financing condition and a home inspection condition. Condo purchases usually add a condition to review the condo documents, and some buyers include a condition on selling their current home. Conditions protect you, but every one you add makes your offer less attractive to the seller, so the right mix depends on the property and how competitive the market is.

Yes. Thomas works with buyers considering residential real estate investments in Calgary. His approach focuses on evaluating the property, understanding the costs, reviewing market conditions and determining whether the purchase makes financial sense for the buyer's goals.

A successful home sale starts with understanding your property's market value, reviewing comparable sales, preparing the home for buyers and developing a competitive pricing strategy. Thomas works with Calgary homeowners to build a selling strategy around their property, neighbourhood and current market conditions.

In most cases, yes. The standard Alberta residential purchase contract asks the seller to provide a Real Property Report (RPR) showing the home and any improvements on the lot, along with a compliance certificate from the City of Calgary. Ordering one early avoids delays if a fence, deck or garage needs attention before closing. Condo units usually don't need one.

It depends on price, location, condition and the market that month. CREB® publishes monthly figures on how long homes are taking to sell across Calgary. Once you accept an offer, closing usually happens 30 to 60 days later, although buyers and sellers can agree on other dates.

Start by reviewing recent sales of comparable properties in your neighbourhood. Thomas offers a Custom Sold Report that helps Calgary homeowners understand local sales activity and what those results may mean for their property's value. For a more personalized assessment, contact Thomas directly.

It depends on your goals, your finances and what's happening in your part of the city. Calgary's market moves differently by neighbourhood, price range and property type, so a citywide headline tells you very little about your own situation. Thomas can walk you through recent sales and current inventory for the homes you're considering.