Frequently Asked Questions

1. Is Calgary a good place to buy an investment property in 2025?
Yes, Calgary continues to be one of the best cities in Canada for real estate investment in 2025. With strong population growth, stable employment, and relatively affordable home prices, Calgary’s rental demand remains high. Investors benefit from solid cash flow, low vacancy rates, and steady appreciation across many neighbourhoods including Seton, Evanston, and Mahogany.

2. What are the average home prices in Calgary right now?
As of late 2025, the average home price in Calgary is around $570,000, depending on the community and property type. Detached homes typically lead in price, while condos and townhomes remain more affordable options for first-time buyers or investors entering the Calgary real estate market.

3. How much down payment do I need to buy a house in Calgary?
In Calgary, buyers typically need a minimum 5% down payment for homes under $500,000. For properties over that amount, 10% applies to the portion above $500,000. Larger down payments can reduce mortgage costs and help you qualify for better rates.

4. What are the closing costs for buyers in Calgary?
Closing costs in Calgary usually range from 1.5% to 4% of the purchase price and include legal fees, home inspection, title insurance, and land transfer registration. The Rob Vanovermeire Team helps buyers estimate these costs early to ensure a smooth and transparent transaction.

5. Are home prices expected to rise or fall in Calgary in 2025?
Current Calgary real estate trends show steady price growth through 2025, supported by strong migration and limited housing supply. While growth may moderate, Calgary continues to outperform many Canadian cities due to its affordability and economic diversification.

6. What are the best areas to buy a home in Calgary for families?
Top family-friendly neighbourhoods in Calgary include Aspen Woods, Mahogany, Evanston, Legacy, and Tuscany. These areas feature great schools, parks, and easy access to transit and shopping, making them ideal for long-term homeownership.

7. Can I buy a home in Calgary if I’m relocating from another province?
Absolutely. Out-of-province buyers can purchase Calgary real estate with the same rights as Alberta residents. The Rob Vanovermeire Team specializes in relocation assistance, virtual tours, and step-by-step support for buyers moving to Calgary.

8. Is it better to buy a condo or a house in Calgary?
It depends on your goals. Condos in Calgary offer low-maintenance living and affordability, while detached homes provide more space and long-term equity growth. Both options perform well, especially in emerging neighbourhoods near LRT lines and downtown amenities.