Is Your Home Costing You More Than You Think?

Sellers, is your home sitting on the market longer than you had hoped?

When you first listed, you probably had a plan. Sell your home, move on to the next chapter, and start enjoying whatever comes next. Maybe you're downsizing, relocating, moving into a rental, or simply ready for a change.

But what happens when the weeks go by, the showings slow down, and the offers just aren't coming?

It's time to take a step back, look at the numbers, and have an honest conversation.

As the saying goes, know when to hold 'em, know when to fold 'em.

Sometimes holding out for your original asking price makes sense. Other times, the cost of holding onto the property is quietly eating away at the money you could be putting toward your next chapter.

What Is It Actually Costing You to Hold?

It's easy to focus on the selling price you're hoping to achieve, but have you calculated what it costs you every month to keep the property?

Consider:

• Mortgage payments and interest

• Property taxes

• Utilities, even when the home is vacant

• Home insurance

• Condo fees, if applicable

• Lawn care, snow removal and ongoing maintenance

• Repairs and unexpected expenses

• The cost of maintaining a second property if you've already moved

And don't forget the emotional cost. The uncertainty, the ongoing bills, keeping the property show-ready, and feeling like you can't fully move forward can take a toll.

If your home costs $3,000 a month to carry, that's $9,000 over three months. That's real money that needs to be considered when deciding whether to hold firm or adjust your strategy.

Buyers Have Choices. What Are They Seeing?

Today's buyers are comparing properties carefully. They're not just looking at your asking price; they're also considering what it will cost them to get the property to a standard they're comfortable with.

Does the home need paint? Flooring? Repairs? Landscaping? Are there maintenance items that have been put off?

A buyer might love the layout and location but start adding up the additional expenses before deciding what they're willing to offer.

Sometimes spending a little money upfront to address the things buyers notice most can make a significant difference.

Other times, the better decision is to price accordingly and let the buyer take on those projects.

The important thing is understanding what buyers are seeing and how your property compares with the competition.

Is Your Selling Price Too High?

We love numbers. They help take some of the emotion out of what can be a very emotional decision.

But pricing a home isn't simply about what your neighbour sold for six months ago or what you need to walk away with.

We need to look at:

• What similar homes are currently listed for.

• What comparable properties have actually SOLD for.

• How long competing properties have been on the market.

• How many similar homes buyers have to choose from.

• Whether your property offers something extra or needs to be priced more competitively.

One of the biggest mistakes sellers can make in a market with plenty of competition is coming out too high and hoping someone will negotiate.

Buyers are watching the market. If your home is priced above comparable options, they may never book a showing in the first place.

And as the days on market add up, a listing can become stale. Buyers start wondering what's wrong with it, even when there's absolutely nothing wrong with the property.

Your first impression matters, and your launch price matters.

What Can We Do to Get This Thing SOLD?

Rather than simply waiting and hoping, let's put a plan together.

1. Revisit the price.

Let's look at the newest sales, current competition and buyer activity. Does the price still make sense in today's market? If not, let's talk about a meaningful adjustment rather than a small reduction that doesn't change your position.

2. Fix what needs fixing.

Walk through the property with fresh eyes. What will buyers notice? What could create hesitation? Sometimes a few manageable repairs or improvements can make the home much more appealing.

3. Look at the presentation.

Is the home showing its best? Are the photographs, marketing, staging and overall presentation doing it justice? We want buyers to see the value.

4. Listen to the feedback.

Showing feedback can reveal patterns. If multiple buyers are mentioning the same concern, it's worth paying attention. We need to separate personal opinions from genuine market feedback.

5. Calculate your cost of holding.

Let's put an actual monthly number on the expenses. Then we can compare what another month or two might cost against the potential benefit of waiting for a higher offer.

Sometimes Selling for Less Can Leave You With More

This is where the conversation gets interesting.

Let's say you're hoping to sell for $600,000, but the market is suggesting $580,000.

Holding out for that extra $20,000 might sound like the obvious choice. But what if it takes another four months to get there?

If you're spending $3,000 a month carrying the property, that's another $12,000. Add in maintenance, utilities and the stress of waiting, and that $20,000 difference starts looking a little smaller.

And what if the market shifts again?

There is no guarantee that waiting will produce a better offer.

Sometimes accepting a realistic offer today, paying off the bills, and moving forward is the financially smarter decision.

What's Your Next Chapter Worth?

Maybe you're ready to downsize. Maybe you're tired of maintaining a property that's become too much work. Perhaps you've already moved and are carrying two sets of expenses. Or maybe you simply want the freedom to rent for a while and figure out what comes next.

Those goals matter, too.

Real estate decisions aren't always about squeezing every last dollar out of a property. Sometimes they're about reducing financial pressure, protecting your equity and giving yourself the freedom to move forward.

Let's look at the numbers, not just the asking price.

At Russell Realty, we believe in honest conversations, realistic pricing and making decisions based on the actual market — not wishful thinking.

If your home has been sitting longer than expected, let's take another look. 

We'll review the competition, the recent sales, the feedback and the cost of holding. Then we'll figure out what needs to change to get your property sold.

Because sometimes the best move isn't holding on a little longer.

It's knowing when to fold 'em and getting on with life!

Carl & Gwen Russell | Russell Realty with CIR Realty

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Calgary & Surrounding Areas

Halloween is one of those special days when our neighbourhoods come alive with a little extra excitement, laughter and community spirit. The streets fill with creative costumes, decorated doorsteps, glowing pumpkins and, of course, some very excited little trick-or-treaters!

But Halloween is about more than candy and costumes. It's also a wonderful opportunity to connect with the people around us and enjoy the sense of community that makes a neighbourhood feel like home.

A Little Connection Goes a Long Way

How often do we get caught up in our busy routines, rushing from one place to another without really connecting with the people who live right around us?

Halloween gives us a reason to slow down, open the door and say hello!

Whether you're handing out treats, walking around with the kids or chatting with neighbours along the sidewalk, these little interactions help build relationships. You might meet someone new, catch up with a familiar face or finally put a name to the neighbour you've been waving at for months.

It's these small moments that help turn a street full of houses into a community.

Making Memories (And Collecting Candy!)

For the little ones, Halloween is pure magic. The excitement of choosing a costume, decorating a pumpkin, heading out with friends and family, and showing off their candy haul at the end of the night creates memories that last long after the chocolate is gone.

And let's be honest, seeing all those adorable little ghosts, superheroes, princesses and dinosaurs walking around the neighbourhood is pretty hard to beat!

For parents, it's a chance to enjoy the excitement through their children's eyes, reconnect with neighbours and take part in a tradition that brings people together.

A Few Reminders for a Safe and Fun Halloween

While everyone is having fun, a little extra care goes a long way:

• Be visible: Add reflective details or glow sticks to costumes, and carry a flashlight.

• Watch for little pedestrians: Drivers, please slow down in residential areas and be extra cautious around crosswalks and parked vehicles.

• Stay together: Younger trick-or-treaters should always be accompanied by a responsible adult.

• Check the treats: Take a few minutes to inspect candy and packaged goodies before the little ones dig in.

• Keep pathways clear: Make sure steps, walkways and driveways are well-lit and free of tripping hazards.

• Be neighbourly: A friendly wave, a smile or a little extra patience can make someone's evening!

It's All About Feeling at Home

One of the things we love about Calgary is the variety of wonderful communities and neighbourhoods that make up our city. Every area has its own personality, traditions and people who make it special.

Community doesn't happen overnight. It's built through everyday interactions, shared experiences and those little opportunities to show kindness and get to know one another.

Halloween just happens to give us a pretty fun excuse to do exactly that!

From our family to yours, we hope your Halloween is filled with laughter, delicious treats, creative costumes and wonderful neighbourhood connections.

Happy Halloween, Calgary! Have fun, stay safe and watch out for those adorable little ghosts and goblins! 🎃👻

Carl & Gwen Russell | Russell Realty with CIR Realty

Helping you feel at home in Calgary and the surrounding communities.

If you’ve been keeping an eye on interest rates, there’s an important update you’ll want to know about! The Bank of Canada has announced a 0.25 percentage-point increase to its overnight policy rate, bringing it to 2.50%. This could have an impact on Canadians with certain mortgages, lines of credit, and other borrowing products.

But what does this actually mean for you? Whether you already own a home, are thinking about buying, or have a mortgage renewal coming up, let’s break it down.

Have a Variable-Rate Mortgage? Pay Attention!

When the Bank of Canada raises its key interest rate, lenders typically respond by increasing their prime lending rates. According to the figures provided in this update, Canada's prime rate is expected to move from 4.45% to 4.70%.

If you have a variable-rate mortgage, the effect on your budget depends on the type of mortgage you hold.

If your payments adjust with interest rates: You may see your regular mortgage payment increase, meaning you'll need to account for a little more money going toward your housing costs each month.

If your payments stay the same: Some variable-rate mortgages maintain the same scheduled payment when rates change. In that case, a larger portion of your payment may go toward interest instead of reducing your principal. Depending on your mortgage terms, this could also affect how quickly you pay down your mortgage.

The bottom line? Even if your monthly payment doesn't immediately change, rising interest rates can still affect your long-term mortgage costs.

What If You Have a Fixed-Rate Mortgage?

Good news for homeowners who are currently locked into a fixed-rate mortgage: your contracted interest rate and scheduled payment generally remain unchanged until your term ends, subject to your mortgage agreement.

However, if you're planning to purchase a home or renew your mortgage soon, there's another piece to consider.

Fixed mortgage rates are influenced by factors such as Government of Canada bond yields, lender funding costs, and market expectations. They don't simply move in lockstep with the Bank of Canada's overnight rate.

This means fixed mortgage rates can rise or fall before an official Bank of Canada announcement. If you're shopping for a home or approaching renewal, it's worth speaking with a mortgage professional sooner rather than later to understand the options available to you.

What Could Happen Next?

The Bank of Canada's next scheduled interest rate announcement is December 9, 2026.

Whether this increase is a one-time adjustment or the beginning of a longer period of rising rates will depend on several economic factors, including inflation, employment, economic growth, and overall financial conditions.

No one can predict interest rates with certainty. That's why it's important to make decisions based on your own financial situation rather than trying to guess what the market will do next.

Thinking About Buying or Selling a Home in Calgary?

Interest rates are one piece of the real estate puzzle, but they aren't the whole picture. Your budget, mortgage qualification, available homes, purchase price, and long-term plans all matter.

For buyers, understanding your financing before you start house hunting can help you shop with confidence. For homeowners nearing renewal, reviewing your options early may give you more time to prepare. And if you're considering selling, understanding how borrowing costs affect potential buyers can help you plan your next move.

Our advice? Don't make a major decision based on a headline alone. Get advice that reflects your circumstances, ask questions, and make sure you understand the numbers before moving forward.

At Russell Realty with CIR Realty, Carl and I believe that real estate is about people, not just properties. We're happy to help you understand what's happening in Calgary's housing market, explore your options, and connect you with trusted mortgage professionals who can answer your financing questions.

Have questions about buying, selling, or planning your next move? Let's chat! Sometimes, a conversation is the best place to start.

Mortgage rates and lending conditions can change. Speak with a qualified mortgage professional about your individual circumstances. This article is for general information only and is not financial advice.

If buying a home in Calgary has been on your mind, or you've been wondering whether it's time to downsize, the latest real estate market statistics are giving us plenty to talk about!

The Calgary housing market continues to shift, and with more inventory available in several property types, buyers may have opportunities they haven't had in recent years. Whether you're purchasing your first home, moving into something with more space, or ready to trade your detached house for a townhome or condo, now could be a great time to explore your options.

At Russell Realty, we believe the best real estate decisions start with understanding the numbers, knowing your options, and figuring out what makes sense for your life.

What Are the Latest Calgary Real Estate Stats Telling Us?

According to the latest MLS® statistics for the Calgary market, months of inventory have increased across most property types, with semi-detached homes being the exception.

So, what does that mean for buyers?

Months of inventory estimates how long it would take to sell the current supply of homes at the recent pace of sales, assuming no additional listings come onto the market. Generally, more months of inventory means buyers have more choices and sellers may face greater competition.

Two property types worth watching right now are apartments and townhomes.

Apartments: More Choice for Condo Buyers

With approximately 5.46 months of inventory, Calgary's apartment market is leaning further into buyer-favouring conditions.

For buyers, this can mean more properties to compare, more time to consider your options, and potentially more room to negotiate on price and terms.

If you've been considering condo living, whether as a first-time buyer, an investor evaluating a property, or someone looking to simplify life, this is a segment worth exploring carefully.

Of course, not all condos are created equal. Location, condo fees, the reserve fund, building maintenance, bylaws and the financial health of the condominium corporation all matter. A lower purchase price is only one part of the picture.

Townhomes: An Opportunity Worth Exploring

Townhomes are sitting at approximately 4.3 months of inventory, giving buyers more options than a tighter market typically would.

Over the past year, townhome prices have also adjusted, with an average decrease of approximately 3.67%, based on the figures provided by the latest market statistics.

For buyers who want more space than a typical apartment offers, a townhome may provide an appealing middle ground. You might enjoy multiple levels, extra bedrooms, a small yard or patio, and sometimes an attached garage, without the same responsibilities that can come with maintaining a detached property.

The important thing is to compare the right homes in the right communities. Averages tell us about the broader market, but individual properties can perform very differently.

Thinking About Downsizing? This Could Be Your Opportunity.

Have you lived in your detached home for years? Perhaps the kids have moved out, the yard feels like more work than enjoyment, or you're simply ready for a different pace of life.

Downsizing doesn't necessarily mean giving something up. It can mean gaining more freedom, less maintenance and a home that better suits your current needs.

A townhome or condo might offer:

• Less exterior maintenance and yard work.

• More time for travel, hobbies, family and the things you enjoy.

• A smaller space to clean and maintain.

• An opportunity to access some of the equity you've built in your current home.

• A chance to choose a location closer to amenities, shopping, recreation or family.

And here's where the current market becomes particularly interesting.

If you're selling a detached home and buying a townhome or condo, you're participating in two different segments of the market. Your detached property may have different levels of demand and pricing pressure than the home you want to purchase.

That means the difference between what you sell for and what you buy for matters just as much as either price on its own.

For example, if the type of property you're buying has experienced greater price adjustments than the home you're selling, you may find an opportunity to make your next move work financially. But it depends on your home's value, your desired purchase price, selling costs, moving expenses and any financing requirements.

This is why we always encourage homeowners to look at the complete picture before making a decision.

Is It a Good Time for First-Time Buyers, Too?

Absolutely worth exploring!

A market with more inventory can give first-time buyers something they may have felt was missing in a more competitive environment: choice.

Instead of feeling rushed to make a decision, you may have more time to compare properties, consider conditions, arrange a home inspection and evaluate whether a home genuinely fits your budget and lifestyle.

There may also be opportunities to negotiate on price or other terms, depending on the property and the seller's circumstances.

That doesn't mean every home is a bargain or that prices will continue to fall. Well-priced homes in desirable locations can still attract strong interest. The goal is to understand the competition and make an informed offer based on comparable sales, property condition and current market activity.

The Right Opportunity Is About More Than the Price

Whether you're buying, selling or downsizing, the headline statistics are only the starting point.

Your neighbourhood, property type, price range and competition all influence your real market.

That's why we look beyond asking prices. We review comparable sales, current listings, market activity and the features that make each property unique. For downsizers, we also look at the likely selling price of your current home alongside the cost of your next one.

And before purchasing a condo or townhome, it's important to understand the monthly costs, condominium documents, fees, restrictions and maintenance responsibilities that come with the property.

A lower purchase price is wonderful, but the right home should also make sense for your finances and the way you want to live.

Let's Talk About Your Next Move

The Calgary real estate market is changing, and those changes may create opportunities for buyers who are prepared to explore them.

Maybe you're ready to stop renting and buy your first home. Perhaps you need more room for a growing family. Or maybe you're looking forward to a simpler lifestyle in a townhome or condo.

Whatever your next chapter looks like, you don't have to figure it all out on your own.

At Russell Realty, We believe real estate is about people, relationships and helping you make decisions that feel right for you. We're happy to talk through the numbers, answer questions and help you understand what's possible, even if you're still months away from making a move.

Curious what today's Calgary market could mean for you? Let's have a conversation.

When you think of a Realtor, you probably think of buying or selling a home. And while we absolutely love helping people through those exciting milestones, our role can start long before you’re ready to make a move — and continue long after the keys have changed hands.

At Russell Realty with CIR Realty, we believe real estate is about relationships, not just transactions.

One Team. A Whole Lot of Connections.

One of the things we love most about what we do is connecting people. Over the years, we’ve built what we like to call our real estate entourage — a network of trusted professionals we can turn to when our clients need a little extra help.

From tradespeople and contractors to lawyers, Real Property Report (RPR) specialists and other local professionals, we’re always happy to help connect you with people who can make your life a little easier.

Because sometimes, a real estate question isn't actually about buying or selling a home. Sometimes, it's about figuring out what to do next.

You Don’t Have to Be Ready to Move to Reach Out

Have you ever wondered whether a renovation is worth the investment? Or whether that project you've been considering might add value to your home when it's eventually time to sell?

Maybe you're curious about what homes in your neighbourhood are actually selling for. Perhaps you're thinking about downsizing in a few years, wondering about the next step for your family, or simply trying to understand what's happening in Calgary's real estate market.

These are exactly the kinds of conversations we'd love to have!

You don't need to have a moving date in mind, a home to list or a property you want to buy. Sometimes, the best time to start a conversation is when you're simply curious.

And if you'd like to keep an eye on your local market, we can even set you up with a community market report. It's a great way to follow sales, watch price trends and get a better understanding of what's happening in your neighbourhood over time.

After all, knowing what's happening in your local market can help you make more informed decisions when the time is right.

Honest Conversations, Helpful Advice and Knowing the Numbers

We believe good real estate advice starts with listening, asking questions and understanding what matters to you.

Whether you're buying your first home, preparing to sell, considering a renovation or simply planning for the future, we want you to feel comfortable reaching out.

We'll talk through the numbers, share what we're seeing in the market and help you understand your options. And if your question is better answered by another professional in our network, we'll do our best to connect you with someone who can help.

We're not here to pressure you into making a move before you're ready. We're here to build relationships, provide helpful information and be a resource you can turn to when real estate questions come up.

Because your home is more than a property. It's where life happens, plans change, families grow and memories are made. The decisions surrounding it deserve thoughtful conversations and the right support.

Your Realtors, Long Before Moving Day

Carl and I love what we do, but what makes it especially meaningful is the people we meet along the way. We want to be the Realtors you feel comfortable calling with a question, the people who help you find a trusted contractor and the ones who can help you make sense of the market when you're curious about your home's value.

Whether you're planning a move next month, next year or not at all, we'd love to stay connected.

One team. A whole lot of connections. And relationships that go well beyond the transaction.

So, Let's Chat!

If you could ask a Realtor anything about your home or your neighbourhood, what would you want to know?

Would it be about renovations, home values, property taxes, market trends, preparing for a future sale or something completely different?

Drop your question in the comments or reach out to us directly. We'd love to hear from you!

Carl & Gwen Russell | Russell Realty with CIR Realty
Helping you navigate real estate in Calgary and surrounding areas — one conversation at a time.

Before you panic about a potential property tax increase for 2027, let's take a closer look at what's being discussed, what it could mean for homeowners, and why November will be an important month to watch.

Have you've seen recent headlines about a possible property tax increase in Calgary? It's understandable that homeowners may be concerned, especially when we're already paying attention to mortgage payments, utilities, insurance, groceries, and the overall cost of owning a home.

But before jumping to conclusions, it's important to remember one thing: the numbers being discussed right now are preliminary, not final.

At Russell Realty, we believe staying informed is always better than making decisions based on headlines. So, let's break down what we know about Calgary's proposed property tax increase for 2027 and what homeowners, buyers, and sellers should keep in mind as the budget discussions unfold.

What Is Being Proposed for Calgary's Property Tax Increase in 2027?

Calgary's upcoming four-year budget is expected to be a significant topic of discussion as City Council prepares to review spending priorities and revenue needs for the years ahead.

Preliminary budget documents currently outline a proposed 15% property tax increase for 2027, along with potential increases in subsequent years.

That's certainly a number that gets your attention.

However, it's important to understand that a proposal is not the same as an approved tax increase. Council still has decisions to make about the city's budget, spending priorities, and how municipal services will be funded.

The figures being discussed today could change as councillors debate the options and work toward a final budget.

Formal budget deliberations are scheduled to begin in November, making that a key time for Calgary residents to pay attention to the discussion.

For now, the best approach is to stay informed without assuming the preliminary proposal will automatically become the final outcome.

Why Do Property Taxes Matter So Much to Homeowners?

Owning a home involves much more than a mortgage payment.

Property taxes are an ongoing expense that homeowners need to account for when planning their household budgets. They help fund municipal services and infrastructure that support our communities, including roads, public spaces, emergency services, and other city operations.

When property taxes increase, homeowners may need to adjust their budgets to accommodate the additional cost.

For some households, a change may be manageable. For others, particularly those on fixed incomes or already dealing with rising expenses, even a relatively small increase can make a difference.

This is especially important for retirees, downsizers, and homeowners who are trying to remain in their homes while managing their monthly expenses.

It's also a reminder that affordability isn't just about the purchase price of a property. It's about understanding the full cost of homeownership over time.

What Could a 15% Property Tax Increase Mean for Your Household?

Because the proposed figure is preliminary, we don't yet know what the final impact will be. However, it can be helpful to think about how a potential increase might affect your household budget.

The actual dollar amount would depend on your property's tax bill, the final approved tax rate, and how the city calculates the increase.

For example, if a homeowner's annual property tax bill were $4,000, a hypothetical 15% increase to that bill would mean an additional $600 per year, or approximately $50 per month.

That's an illustration of the potential impact, not a prediction of your 2027 tax bill. The final increase, if approved, may differ, and individual bills can vary.

The takeaway? It's worth understanding what you currently pay in property taxes and considering how changes could affect your household finances.

You don't need to make any immediate decisions based on a preliminary proposal, but having a clear picture of your expenses can help you feel more prepared.

What Does This Mean for Calgary Homebuyers?

If you're considering buying a home in Calgary, property taxes are one of the expenses worth reviewing before making a purchase.

When comparing properties, it's easy to focus on the list price, mortgage payment, and whether the home checks all your boxes. But the bigger picture matters, too.

Before purchasing, take time to consider:

• Property taxes: Review the current annual taxes for the home you're considering.

• Monthly affordability: Include taxes alongside your mortgage, insurance, utilities, and maintenance costs.

• Future expenses: Leave room in your budget for potential increases in the cost of homeownership.

• Your long-term plans: Consider whether the property will remain affordable if your household expenses change.

If you're buying a home, this isn't a reason to put your plans on hold. It's simply another factor to include when making an informed decision.

The right home isn't just one you can afford to purchase today. It's one that makes sense for your household over the years ahead.

What About Calgary Home Sellers?

For homeowners thinking about selling in 2027, property taxes are another piece of the larger real estate picture.

Buyers are already looking carefully at affordability, monthly carrying costs, and the overall value of a property. Changes in municipal expenses may become part of those conversations, particularly for buyers working within a tighter budget.

That doesn't mean a proposed tax increase will automatically cause home values to fall or prevent buyers from entering the market. Real estate prices are influenced by many factors, including inventory, interest rates, employment, buyer demand, location, and property type.

However, understanding the costs associated with your home can help you prepare for questions buyers may ask.

As we always say, your neighbourhood + property type + competition = your real market.

If you're thinking about selling, the most important thing is to understand what's happening in your specific market rather than making assumptions based on one headline.

Why November Will Be an Important Month to Watch

The upcoming budget discussions should provide more clarity about Calgary's financial priorities and the direction of its proposed property tax changes.

As Council reviews the budget, residents will have a better opportunity to understand which proposals are moving forward, which may change, and what the final decisions could mean for their households.

In the meantime, there are a few simple steps you can take:

1. Know your current property tax bill. Understanding today's expenses gives you a useful starting point.

2. Keep an eye on the budget discussions. Look for updates from the City of Calgary as deliberations progress.

3. Review your household budget. Consider how changes in housing costs could affect your finances.

4. Avoid making decisions based on preliminary numbers alone. Wait for confirmed details before assuming what your future costs will be.

Being informed doesn't mean you need to worry about every possible outcome. It means giving yourself the information you need to plan confidently.

The Bottom Line: Stay Informed, Not Scared

A potential property tax increase for 2027 is certainly something Calgary homeowners should be aware of, but it's not a reason to panic.

The proposed 15% increase is still part of the preliminary budget discussion, and the final numbers have yet to be determined. November will be an important month as City Council begins its formal deliberations and Calgary residents gain a clearer understanding of what lies ahead.

Whether you're a current homeowner, thinking about downsizing, preparing to sell, or hoping to buy your first home, understanding the full cost of homeownership is always worthwhile.

At Russell Realty, Carl and I believe that good decisions start with good information, honest conversations, and looking at the bigger picture. Real estate is about more than buying or selling a property. It's about finding the right fit for your life, your goals, and your finances.

So, let's keep watching the conversation, stay informed, and wait for the confirmed details before drawing conclusions.

Because when it comes to your home and your finances, being informed is always better than being alarmed.

Have questions about how changing housing costs could affect your plans to buy or sell in Calgary or the surrounding areas? We'd love to chat and help you make sense of the bigger picture. No pressure, just honest conversations.

Thanksgiving is a beautiful reminder that there is always something to be grateful for.

A spouse to share life with.

Family who fills your heart.

Friends who make life a little brighter. A warm home.

Food around the table and people to share it with.

Ok and Pumpkin everything! (for me anyway)

The simple moments, the laughter, the conversations and even the little things we sometimes take for granted.

Life isn’t perfect, and we all have our challenges, but when we stop and look around, there is so much to be thankful for.

We are truly blessed, and this weekend were choosing to focus on the abundance of good things in our lives.

Wishing you and your family a very Happy Thanksgiving, filled with love, laughter, good food and grateful hearts.

When we think about retirement planning, our minds often go straight to pensions, investments, savings and paying off the mortgage. These are all important pieces of the puzzle, but there’s another question worth asking:

Where do you want to live as you get older?

It’s something we don’t always think about until retirement is approaching, or until our current home starts feeling like more work than it used to. But planning ahead can make a big difference in how comfortably, confidently and independently we live in the years ahead.

Will Your Home Still Fit Your Life in 10, 15 or 20 Years?

The home that works beautifully for you at 60 may not be the home that works best at 75 or 85. And that’s okay! Our needs, priorities and lifestyles naturally change as we move through different stages of life.

Maybe you love having a big backyard today, but eventually the snow shovelling, lawn care and ongoing maintenance become more of a chore than a pleasure.

Perhaps the stairs don't bother you now, but you can see how a bungalow or a home with fewer steps might make life easier down the road.

Or maybe you start thinking less about having extra bedrooms and more about being closer to family, healthcare, shopping, public transportation or the activities that make life enjoyable.

These are all worth considering, not because you need to make a change today, but because the right home should support the life you want to live.

Staying Put or Downsizing: Which Is Right for You?

Retirement doesn't automatically mean selling your family home and moving into a retirement community. There is no one-size-fits-all answer, and the right choice depends on your finances, health, lifestyle and personal preferences.

For some people, staying in the home they love is absolutely the right decision. Familiar surroundings, established friendships and community connections can be incredibly valuable. With some home modifications or additional help with cleaning, yard work and maintenance, staying put may be a comfortable and practical option.

For others, downsizing can open the door to a different kind of freedom.

A smaller home may mean fewer repairs, less cleaning, lower maintenance costs and more time to enjoy travelling, hobbies, family and friends. A condo or townhome might offer a lock-and-leave lifestyle, although it's important to understand condo fees, bylaws, accessibility and the services included before making a decision.

Some homeowners may prefer moving closer to loved ones, while others may simply want a home that better suits their changing needs.

The goal isn't necessarily to have a smaller home. It's to have a home that makes your life easier, more enjoyable and more manageable.

The Financial Side of Your Future Home

Your home is often one of your biggest assets, so it's important to consider how it fits into your retirement plans.

Would selling your current home free up equity that could supplement your retirement income? Would a smaller property reduce your monthly expenses? Or would staying in your current home and budgeting for future maintenance make more financial sense?

It's also worth looking beyond the purchase price. Property taxes, utilities, insurance, condo fees, repairs and transportation can all affect your monthly budget.

And if you're considering a move, remember to account for selling costs, legal fees, moving expenses and any updates or renovations your next home might need.

Having these conversations early gives you time to explore your options without feeling rushed into a decision. A financial professional can help you understand the financial implications, while a real estate professional can help you evaluate your property's potential value and explore what different housing options might look like.

Start Planning Before You Have To

One of the biggest advantages of thinking about your future housing needs early is having choices.

You can explore neighbourhoods, consider different property types, think about accessibility and decide which features matter most to you. You can also make gradual changes to your current home if staying put is your preference.

You don't need to have every answer today. You simply need to start asking the questions.

Think about what matters most to you in the years ahead. Is it independence? Less maintenance? Being close to family? Having more money available for experiences? Or staying in the community you've called home for years?

Your answers can help guide your decisions, whether that means staying exactly where you are or planning a move when the time feels right.

Let's Talk About Your Next Chapter

At Russell Realty, We believe real estate is about more than buying and selling houses. It's about helping people make decisions that support their lives, their goals and their future.

We understand that the thought of leaving a longtime family home can bring up a lot of emotions. There are memories in those walls, milestones in those rooms and years of life wrapped up in that space. Planning for a change doesn't mean you have to be ready to let go.

It simply means giving yourself time to understand your options.

So, here's a question worth asking yourself:

Will the home I'm living in today still support the life I want to live 10, 15 or 20 years from now?

If your answer is “I'm not sure,” that's okay. You don't need to make a decision today.

If you're beginning to think about downsizing, staying in your home longer or planning for the next stage of life, Carl and I would be happy to have a relaxed, no-pressure conversation about your options.

Because the best time to plan your next chapter is before you need to turn the page.

Carl and I are constantly negotiating the temperature in our house. And at this phase of life, I'm pretty sure the struggle is REAL! 😂

If you've ever lived with someone who seems to have a completely different idea of what comfortable feels like, you know exactly what I'm talking about.

Me? I'm always hot.

Women around 50, I'm pretty sure you know what I'm talking about! Some days, it feels like my internal thermostat has a mind of its own. The last thing I want is to turn up the heat and make the whole situation even warmer.

Carl, on the other hand, is bald. And apparently, that means he's cold. At least, that's his argument!

A Recent Conversation in Our House

The other week, the familiar debate started again.

Carl: "It's cold in here."

Me: "We are NOT turning up the heat."

Carl: "Well, I might have to start wearing my toque to bed."

Me: "Do what you need to do to be comfortable. If you're cold, you can put on warmer clothes!"

And there you have it. My very reasonable argument, of course. 😉

If you're cold, you can add a sweater, grab a blanket, put on some warmer socks, or apparently, wear a toque to bed.

Naturally, Carl may have a slightly different opinion about who is being unreasonable in this situation. But since I'm the one writing this blog post, I'm sure you can guess whose side we're taking today!

So, What's the Perfect Temperature for Your Home?

Here's the thing: there really isn't one perfect temperature for everyone.

Some people love walking into a warm, cozy house, especially when the Calgary temperatures start dropping and winter reminds us that it has arrived to stay for a while.

Others prefer a cooler home, fresh air, and a blanket on the couch. They'd rather put on a hoodie than have the furnace running all day.

And then there are those of us who seem to be adjusting the thermostat constantly, wondering why everyone else in the house can't just agree with us!

Our comfort levels can depend on all sorts of things, including our activity levels, clothing, the time of day, and even the room we're in. Some people naturally feel colder than others, and hormonal changes can also affect how warm or cool we feel.

Which means that finding a temperature everyone agrees on can feel like a full-time job.

And when you share a home with someone whose idea of comfortable is completely different from yours, the thermostat can become a surprisingly serious topic of conversation!

A Few Ways to Keep the Peace at Home

If you're living through your own version of the Great Thermostat Debate, here are a few ideas that might help keep the peace.

1. Master the art of layering.

If one person is cold and the other is hot, adding a sweater, warm socks, or a blanket may be the simplest solution. It costs less than heating the entire house to tropical temperatures, too!

2. Find a reasonable middle ground.

Instead of constantly adjusting the thermostat, agree on a temperature that works reasonably well for both of you. You may not both be thrilled, but hopefully, nobody needs to sleep wearing a toque.

3. Make the bedroom a comfortable place to sleep.

Different bedding, lighter pyjamas, or an extra blanket on one side of the bed can make a difference. Sometimes, a little compromise goes a long way.

4. Remember that comfort matters, too.

Your home should be a place where you can relax and feel comfortable. Energy efficiency is important, but so is finding a temperature that works for the people living there. A programmable thermostat can help maintain a consistent setting instead of turning the heat up and down all day.

And perhaps the most important tip of all? Don't take the thermostat battle too seriously. Sometimes, you just have to laugh about it!

Your Turn: Who Wins the Thermostat Battle?

Now I'm curious!

🌡️ What's the perfect temperature in your house?

🔥 Are you the one constantly turning the thermostat UP?

❄️ Are you the one opening windows, turning the heat DOWN, and wondering why everyone else is so warm?

🧦 Or are you the one wearing extra layers, grabbing blankets, and secretly wishing someone would just turn up the heat?

And most importantly... WHO WINS THE THERMOSTAT BATTLE IN YOUR HOUSE?

Is it you, your spouse, your kids, or does nobody ever actually win?

Share your stories! I'd love to know we're not the only ones having these conversations.

As for Carl and me, I suspect this debate will continue for quite some time. He may eventually get his toque for bedtime, and I'll continue making my case for keeping the house a little cooler.

After all, a happy home isn't necessarily about agreeing on everything. Sometimes, it's about finding a way to live together, laugh together, and occasionally negotiate the thermostat.

Have you ever stood over your blue recycling cart wondering, “Can this go in here, or does it belong in the garbage?”

Good news, Calgary! There are now more household items you can put in your blue cart, making it a little easier to keep recyclable materials out of the landfill. 

As of October 1, 2026, Calgary has expanded its list of accepted recycling materials to include certain food packaging, foam products, personal care tubes and aerosol cans.

Let’s take a look at what’s changed!

What Can You Recycle Now?

You may be surprised by some of the new additions to Calgary’s blue cart recycling program.

🥨 Food bags and wrappers

Certain flexible packaging can now go in your blue cart, including snack bags, food wrappers and pouches.

📦 Foam packaging

Have foam egg cartons, meat trays or takeout containers? These are now included in the expanded list of accepted materials.

🧴 Personal care tubes

Empty toothpaste, deodorant and lotion tubes can now be recycled, too.

🌿 Aerosol cans

Empty aerosol containers used for products such as hairspray, dry shampoo, sunscreen and cooking spray are also included.

These are the kinds of everyday items that can easily end up in the garbage simply because we aren't sure what to do with them!

Download the waste sorting Guide

A Few Things to Remember Before Recycling

While the list of accepted materials has grown, a little preparation still matters.

Before placing these items in your blue cart:

• Empty them as much as possible. Squeeze out the remaining toothpaste or lotion, and empty aerosol containers according to the city's guidelines.

• Keep items clean. Excess food or product residue can create problems during sorting and processing.

• Check the guidelines. Not every bag, wrapper, tube or container is necessarily accepted. When in doubt, check the City of Calgary's recycling information.

The goal is to make sure materials can be sorted and processed properly so they have the best chance of being turned into something new.

Why Is Calgary Making This Change?

This expansion is part of Alberta's Extended Producer Responsibility (EPR) recycling program.

In simple terms, EPR shifts some of the responsibility for managing packaging waste from municipalities and residents to the companies that produce and supply that packaging.

The program is designed to help fund recycling, improve consistency in the materials accepted across Alberta and reduce the amount residents pay toward recycling services.

According to the City of Calgary, single-family households have saved just over $7 per month since the program came into effect in 2025.

It's a good example of how changes to recycling programs can affect both our everyday habits and household costs.

Small Changes at Home Can Make a Difference

At home, it's easy to get into a routine. We toss the cardboard in the blue cart, food scraps in the green cart and everything else in the black cart.

But sometimes, the smallest changes can make us rethink what we throw away.

The next time you finish a tube of toothpaste, open a package or use an aerosol product, take a moment to check whether it can be recycled.

You might discover that something you previously tossed in the garbage now belongs in your blue cart!

And remember, the existing rules for materials such as cardboard, paper, food cans, glass containers and accepted plastic containers have not changed.

Want to Check What Goes Where?

For the most up-to-date information, visit the City of Calgary for details about accepted materials and recycling requirements.

A little knowledge can go a long way toward making recycling easier for everyone.

Let's Keep Calgary Recycling! 💙♻️

Whether you're tidying up your kitchen, organizing your bathroom cupboards or sorting through household packaging, this is a great reminder that small, everyday habits matter.

Here's a question for you: Were you already recycling these items, or is this news to you?

Canmore, Anyone? Your Dream Winter Mountain Escape Awaits! 🏔️❄️

Imagine escaping to the beautiful Rocky Mountains for a little winter relaxation, adventure, and time to recharge. Sounds pretty wonderful, doesn’t it?

We’re talking about a special winter getaway in Canmore, Alberta! 

Picture yourself surrounded by breathtaking mountain views, enjoying some well-deserved relaxation at a spa, and then heading out for an unforgettable dog sledding adventure through a winter wonderland. 

Whether you love the idea of cozy mountain vibes, a little pampering, or trying something new and exciting, this getaway brings together the best of both worlds: relaxation and adventure!

And here’s the exciting part… you could WIN this incredible experience! 🎉

Enter the contest for your chance to enjoy this special Canmore mountain escape. It’s a wonderful opportunity to experience the magic of winter in the Rockies and create memories you won’t soon forget.

🍀 Good luck to everyone entering! We’re keeping our fingers crossed for you!

Who wouldn’t love a little mountain magic this winter? 

Enter Here

Today, we pause to listen, remember, learn, and reflect on the history and lasting impact of residential schools.
May we honour Survivors, remember the children who never made it home, and continue the work of reconciliation through understanding, respect, and meaningful action.

🧡 Every child matters.