The city of Calgary recently implemented a blanket rezoning policy, sparking heated discussions among homeowners, developers, and community stakeholders. If you’re wondering how this change might affect you, you’re not alone. In a recent podcast episode, real estate expert Rob Vanovermeire and architectural technologist Kathy Yuen of Phase One Design delved into this pivotal topic, shedding light on the implications for Calgary’s communities and the real estate market.
What Is Blanket Rezoning?
Blanket rezoning, introduced on May 14, 2024, and enacted on August 6, marks a significant shift in Calgary’s zoning regulations. Under this policy, most residential zones that previously allowed single-family homes or duplexes now permit higher-density developments, including townhouses and multi-unit properties. While this change aims to address Calgary’s growing housing needs, it has also raised questions about its impact on neighborhoods, affordability, and community infrastructure.
Why Was Blanket Rezoning Introduced?
Calgary, like many cities across Canada, faces a housing crisis fueled by increased immigration and limited inventory. According to Rob, “The dream of owning a home is central to the Canadian experience.” However, rising property prices and dwindling availability have made this dream increasingly difficult for many.
The city’s goal with blanket rezoning is to promote affordable housing by increasing the density of residential areas. By allowing more units per lot, Calgary hopes to create a wider range of housing options for residents while optimizing the use of existing infrastructure such as schools, transit, and roads.
The Pros and Cons of Rezoning
As Kathy Yuen pointed out, the blanket rezoning policy is not without controversy. Here’s a breakdown of the key benefits and challenges:
Benefits
- Increased Housing Options: Higher density means more homes, potentially easing Calgary’s housing crunch and creating options like secondary suites, laneway homes, and townhouses.
- Optimized Infrastructure: Utilizing existing amenities in older neighborhoods—such as schools and public transit—reduces the need for new, costly developments.
- Boosted Property Values: Redevelopment opportunities can increase property values for homeowners, providing options for downsizing or reinvesting.
Challenges
- Community Concerns: Longtime residents may face issues like increased traffic, reduced parking, and changes in neighborhood aesthetics.
- Impact on Privacy and Design: Poorly executed developments could disrupt community harmony. Kathy emphasized the importance of intentional, thoughtful design to maintain the character of neighborhoods.
- Uncertain Implementation: The broad scope of the rezoning policy leaves room for interpretation, requiring expert guidance to navigate.
What Does This Mean for Homeowners?
If you own property in Calgary, the rezoning policy opens up a world of possibilities. Whether you’re looking to develop your lot or simply curious about its potential, this is the time to explore your options. Kathy highlighted examples of homeowners building multi-unit developments to accommodate family members or generate rental income, illustrating the diverse ways residents are embracing these changes.
For those hesitant about redevelopment, it’s worth noting that blanket rezoning doesn’t mandate action. You can still build or maintain a single-family home if that aligns with your goals. However, understanding the new rules is crucial to making informed decisions about your property.
Navigating Your Options
As Rob and Kathy stressed, having the right team is essential when considering redevelopment. From understanding zoning bylaws to evaluating financing options like the CMHC MLI Select program—which offers favorable loans for multi-unit developments—professional guidance can make all the difference.
Rob Vanovermeire, with years of experience in Calgary real estate, is well-equipped to help you assess your property’s potential. Whether you’re buying, selling, or exploring development opportunities, Rob’s expertise ensures you’re making the most of this pivotal moment in Calgary’s housing landscape.
Closing Thoughts
The blanket rezoning policy is a bold move that reflects Calgary’s need for more housing. While it comes with challenges, it also presents opportunities for homeowners, developers, and communities to grow in new and exciting ways.
Have questions about how this change impacts you? Contact Rob Vanovermeire at [email protected] or (587) 847-0449.
Let’s navigate Calgary’s evolving real estate market together!