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Kahane Law Office, our top recommended Law Office for our clients

Kahane Law Office offers a variety of legal services, including a number of real estate law services. We understand that buying, selling and refinancing property can be stressful, which is why we pride ourselves on our ability to simplify and explain the process to ensure that our clients’ transactions are as smooth as possible. Our team of experienced Calgary-based lawyers and legal assistants assist clients by facilitating residential and commercial transactions from start to finish. Examples of our real estate legal services include:

  • Residential Real Estate Law (including purchases, sales, refinances, construction mortgages, bridge financing, private lending, title transfers, dower releases, filing and defending against builders’ liens, reviewing real property reports, and drafting and reviewing purchase contracts, rent-to-own agreements and condominium bylaws);
  • Mobile & Manufactured Homes (including purchases, sales, refinancing, and drafting and reviewing purchase contracts and lease agreements);
  • Commercial Real Estate Law (including purchases, sales, refinances, private lending, drafting and reviewing purchase contracts, joint venture agreements, lease agreements);
  • Real Estate Litigation; and
  • Notary Services for Out of Town Real Estate Transactions.

Through high standards and excellence in customer service, Kahane Law Office has seen tremendous growth in a relatively short time frame. Providing legal assistance on as many as almost 300 real estate transactions in a single month, Kahane Law Office has been responsible for well over a billion dollars worth of transactions.

While Kahane Law Office started primarily as a residential real estate firm, our office has grown into a full service law firm offering a variety of legal services. In addition to Real Estate Law, our experienced lawyers provide legal assistance in the areas of Civil and Commercial Litigation, Employment/Labour Law, Wills and Estates, Powers of Attorney, Corporate Services, Criminal Law, Family Law and Uncontested Divorces and Immigration Law.

Kahane Law Office’s awards include:

  • Top Choice Award: Real Estate Law Firm 2015-19
  • Top Choice Award: Top Family Law Firm 2013-14
  • Calgary Choice Awards Winner 2011
  • Calgary Inc. magazine ‘Best Places to Work’ 2006

The owner and founder of Kahane Law Office is Jeffrey Kahane. Jeff graduated from law school in 2000 and thereafter worked in the legal department of Canadian Pacific Limited (former parent corporation of CP Rail, CP Hotels, Fording and CP Ships) and at Ernst & Young’s affiliate law firm, Donahue, Ernst & Young. In 2004, Jeff’s entrepreneurial spirit won out and he opened Kahane Law Office.

Jeff enjoys bringing his warm, caring, and personable approach into the practice of law. He also regularly volunteers his time, leadership and teaching skills to many educational institutions, community enhancement organizations and family and child service organizations. Jeff’s great personal commitment to his community was recognized by the province of Alberta when he was awarded the Alberta Centennial Medal.

In addition to his community involvement, Jeff has also been recognized for his business leadership by a number of organizations. He was nominated for the Ernst & Young Entrepreneur of the Year Award, and most recently was featured in Business in Calgary magazine’s Leaders of Tomorrow. Calgary Inc. magazine also identified Kahane Law Office as one of the best places to work in Calgary.

Jeff works with a team of incredible real estate lawyers and staff. To find out more about our other real estate lawyers as well as information on finding the best real estate lawyer for you, please visit our website by clicking here.

We are a law firm that cares. To contact us regarding your real estate or other legal matter, please call us at 403-225-8810.

 

 

Weekly Calgary Real Estate Update for February 25, 2019

Weekly Calgary Real Estate Update for February 25, 2019

Weekly Calgary Real Estate Update

6546 homes for sale in metro Calgary (up 133)

1027 homes sold in the last 30 days (up 23)

6.37 months worth of inventory (down 0.02)

15.69% of the homes statistically to sell in the next 30 days (up 0.03%)

Market Conditions: Buyers

Average List Price: $491,335 (up $14,540)

Average Sale Price: $473,177 (up $15,064)

Average days on market: 66 (same)

Average list to sale price ratio : 96.32% (up 0.12%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

 

Weekly Calgary Real Estate Update for February 18, 2019

Weekly Calgary Real Estate Update for February 18, 2019

Weekly Calgary Real Estate Update

6413 homes for sale in metro Calgary (up 127)

1004 homes sold in the last 30 days (up 45)

6.39 months worth of inventory (down 0.16)

15.66% of the homes statistically to sell in the next 30 days (up 0.40%)

Market Conditions: Buyers

Average List Price: $476,795 (down $2,213)

Average Sale Price: $458,113 (down $1,1088)

Average days on market: 66 (down 3)

Average list to sale price ratio : 96.20% (up 0.17%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Staging Your Property for the Real Estate Market – By Homes Scape Home Staging & Design – Our Preferred Home Stager

 

Staging Your Property for the Real Estate Market

 

When selling a property, the questions that go through a seller’s mind is always how are we going to sell quickly for the most amount of money? How can we compete against the other homes on the market?  Should we consider staging? Is staging worth the time and expense?

If you have ever watched HGTV, you’ve probably seen shows on home selling and staged properties. Property staging has been around for more than 20 years but more recently has become a serious marketing tool for selling homes. Why? Because it works. That’s the whole point of home staging in the first place — to present your home in the best possible light. If you do this, buyers will be more likely to make an offer.

Staging a house means taking the time and investing the money up front to prepare the property for market. The National Realtor Association states that every $100.00 spent on staging a $400.00 return is made. Trying to see what a buyer sees in your home can be tough, but getting that glimpse is extremely important for preparing your home for sale.

When buyers walk through your home, they are making observations on various levels. They obviously need to make the emotional connection to the home where they feel comfortable. The emotional connection happens within the first 3 minutes of being in your home. They will also make sure the home meets all their needs from a structural standpoint (size, layout, number of rooms etc.). Savvy buyers will be looking for clues that indicate the true conditions of the home.

If you stage your house effectively, it will give buyers the impression of a well-maintained home. The first step in any home-staging plan are the basic repairs. You start by fixing what’s broken. This is the bare minimum. After that, you move on to the cosmetic touches like painting, replacing outdated light fixtures, replacing the flooring etc. The result is that the house seems like it’s in tip-top shape. These improvements put a buyers’ mind at ease, which is exactly what you want to accomplish in order to sell. Every buyer wants an easy transition. Moving is stressful enough. The last thing they want is to inherit a long list of repairs and upgrades. Staging your house well makes life easier for your buyers.

The second step in the staging process is packing. You want buyers to see the house as a good fit for their family. I often get the question what should I pack and what should stay? My answer: you don’t want them to see your family living in the home. If they see pictures of you everywhere, they’ll have a harder time making a personal connection to the home. The same goes for taste-specific decorating choices. Unusual paint colors and exotic knickknacks are fine when you are living in the home. But when you’re trying to sell it, you need to neutralize the decor. When you stage your house, you’re essentially removing yourself so that others may insert themselves.

You will have to pack up your belongings when you sell, so why not get a head start? By starting the pre-packing stage, you are also making your job easier when it comes to the move. You won’t have as many items to box up at the last minute.

The last step in the staging plan is the showcasing. This is where you get to get to make your home “Magazine Ready”. The art of home staging has a lot to do with space. You want to remove excess furniture and arrange the furniture in a way that maximizes usable space within the house. This gives the impression that the home is larger than it actually is. Have you ever walked through a home with minimal furniture and been amazed at how much space it had? But when you fill up that same house with over-sized furniture, knickknacks and other forms of clutter, it suddenly feels cramped. You may be surprised at how large your house seems all of a sudden. This is a common reaction among homeowners. And it’s a positive reaction among potential buyers. You never want buyers to feel like the home is cramped or crowded.

Staging doesn’t just occur on the inside. It happens on the outside as well. You’ve heard the phrase “curb appeal” before. This is the positive first impression people get when they pull up to your home. But you can’t achieve curb appeal unless you stage the house effectively.

You want buyers to be impressed with the property before they even step foot inside. This is a critical moment that will determine their attitude for the rest of the visit. It’s hard to overcome a bad first impression, even if the inside of the house is in prime condition. If you stage the house well, you’ll improve the exterior as well as the interior. Buyers will see your property in a positive frame of mind before they even walk through the front door.

Real estate agents walk through homes every day. This is especially true for the buyer agents, who might have to show dozens of homes to please their individual clients. Many of the homes the agents visit will be poorly staged. They’ll have oversized furniture, antiquated wallpaper, and shelves full of clutter. When an agent walks into a house that has been staged properly, they can get pretty excited about it. Trust me, I’ve seen it happen.

As a seller, this is exactly what you want. You want the buyer’s agent to rave about your house. You want him or her to say things like, “This is so much nicer than the other homes we’ve looked at.” The agent’s excitement will rub off on the buyers, which increases the likelihood of a sale.

We just talked about real estate agents getting excited over a well-staged home, but the benefits of this goes beyond the agent’s buyers. Other agents will hear about your house as well. Word gets around quickly in the real estate world. The buyer’s agent will want to bring his or her other clients to your house as well. They’ll probably mention it to other agents working in their firm. This will increase the number of buyers who come out to see your home.

In order to enjoy this level of “buzz,” you need to stage your house before you try to sell it. Giving potential buyers a good first impression is your primary goal. Giving agents a good impression also helps sell your property.

There are only two ways to distinguish your home. You can price it below the competition or make it seem like a nicer home. If you do neither of these things, your house will probably be on the market for a long time. Staging can make all the difference in the real estate world, even if your home is priced the same as comparable properties that are for sale. You are giving the appearance of a better value.

So what makes your home stand out from the rest?

 

 

New and Upcoming Schools in the Calgary and Surrounding Areas between 2018-2020

New and Upcoming Schools in the Calgary and Surrounding Areas

Many clients like to consider which schools are in the neighborhood before purchasing a home. As population grows in our subdivisions, there has been an urgent need to increase the amount of schools in many areas. Here is a list of schools that have recently opened or are scheduled to open between 2018 and 2020 in the Calgary and Surrounding areas. 

Herons Crossing School  – K-6 –  Located at 1860 Reunion Blvd NW Airdrie – Opened January 2018

Griffith Woods School  – K-9 – Located at 7752 26 Ave SW Calgary – Opened April 2018

Foothills Composite High School –  Located at 229 Woodhaven Drive Okotoks – Opened September 2018

Joane Cardinal-Schubert High School  – Located at 19480 45 St SE – Opened September 2018

Devine Mercy Elementary School – K-6 – Located at 228 Mahogany Blvd SE – Opened September 2018

All Saints High School  – Located at 729 Legacy Village Rd SE – Opened September 2018

Blessed Marie-Rose School – K-9 – Located at 999 Sherwood Blvd NW Calgary – Opened September 2018

Ecole Beausoleil  – K-8  – Located at 71 Okotoks Drive Okotoks – Opened in January 2019

Meadow Ridge School – K-9 – Located at 21 Chinook Arch Way Okotoks – Scheduled to Open September 2019

West Hillcrest Airdrie – K-12 – Located at 275 Hillcrest Dr SW Airdrie – Scheduled to Open September 2019

Coventry Hills/Country Hills Village Second Elementary School – K-4 –  Located at 711 Coventry Dr NE – Anticipated Opening Date – September 2020

Cranston Second Elementary School – K-4 – Located at 66 Cranford Dr SE – Anticipated Opening Date – September 2020

Evergreen Second Elementary School – K-4– Located at 2511 Fish Creek Blvd. SW  – Anticipated Opening Date – September 2020

Mahogany Elementary School – K-4Tentatively Located at 210 Mahogany Way SE – Opening Dates still TBD

North Calgary High School – 10-12 Tentatively Located at 12065 Coventry Hills Way NE – Opening Dates still TBD

Weekly Calgary Real Estate Update for February 11, 2019

Weekly Calgary Real Estate Update for February 11, 2019

Weekly Calgary Real Estate Update

6286 homes for sale in metro Calgary (up 149)

959 homes sold in the last 30 days (up 125)

6.55 months worth of inventory (down 0.81)

15.26% of the homes statistically to sell in the next 30 days (up 1.67%)

Market Conditions: Buyers

Average List Price: $479,008 (down $3,782)

Average Sale Price: $459,201 (down $2,839)

Average days on market: 69 (down 4)

Average list to sale price ratio : 96.03% (up 0.15%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Days On Market: Here’s How Long It Will Take You To Sell A House in 63 Canadian Markets

Have You Been Wondering How Long it Will Take You to Sell A House in 63 Canadian Markets? HuffPost Canada compiled a list for you. As many of you already know that Calgary is currently sitting in a Buyer’s Market. Calgary ranks as #38 on the list. Guess who is #1 with only 12 days?

Check it out here:  https://www.huffingtonpost.ca/2019/02/06/days-on-market-canada_a_23661049/?ncid=other_email_o63gt2jcad4&utm_campaign=share_email