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Trends That Are Influencing Calgary Real Estate

 Trends That Are Influencing Calgary Real Estate

As Calgary continues to grow, communities are changing and new developments are working to ensure that they are building the neighbourhoods we will want to live in today and tomorrow.  Developers of new communities have changed their approach and are now building new communities to attract Calgarians with more than just the promise of a bigger house at a lower price. The goals of these new communities are to provide new home buyers with the benefits they expect in the urban neighbourhoods like access to parks and trails, retail areas and employment opportunities all in an area with a growing sense of community.

Sustainability

The idea of sustainability in the home is a growing one among young and experienced home buyers alike. The desire for green space is increasingly becoming a common must have item for buyers, as well as for communities to be built with sustainability measures in mind. Most builders and developers no longer look at sustainability as a trend, but more as an expectation of buyers.

Almost all major builders adhere to basic sustainability standards, and some also offer special bonuses such as tree-planting programs and offers to provide rain barrels to new residents, all in an effort to promote sustainability and a better sense of community.

Retail Amenities and Employment Opportunities

Another common trend, especially for young millennials is to live and play and work all in the same community. One of the biggest conveniences of urbanization is giving residents quick and easy access to retail shops and restaurants, as well as desirable work opportunities. This isn’t as easy as adding green space or a golf course to a development, but there is definitely a trend for developers to attract more than just a collection of grocery stores and coffee shops to serve a community.

Community Engagement

New home buyers also want to see a good level of community engagement, and amenities and features that enable that such as fitness facilities, restaurants and coffee shops. Many condo developments create that sense of community even prior to moving in when the developers create Facebook pages to introduce the community to their future neighbours. Eventually these online communities grow into community associations and are a great way for new residents to connect and meet new people in their new neighbourhood.

These new trends are outside of the usual decor and design trends that usually influence buyers, but are a reflection of the direction that real estate is taking especially in Calgary. Real estate is more than just four walls of shelter, but can foster a real sense of community and belonging so that you can live the life you want to live in a home you love.

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