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The Importance of Real Property Reports (RPRs) in Real Estate Transactions

In the realm of real estate transactions, the importance of Real Property Reports (RPRs) cannot be overstated. They play a pivotal role in ensuring transparency, minimizing risks, and facilitating smooth transactions for both sellers and buyers. Here’s why every real estate transaction should prioritize RPRs over title insurance:

  1. Clear Understanding of Property Boundaries: RPRs provide a detailed illustration of property boundaries, including structures, fences, easements, and encroachments. This clarity helps both sellers and buyers understand the exact parameters of the property, preventing disputes and legal issues down the road.

    Real Property Report
  2. Legal Compliance: RPRs ensure that properties comply with local zoning bylaws and regulations. They reveal any non-compliance issues, such as illegal structures or setbacks, enabling sellers to rectify them beforehand and ensuring buyers invest in legally compliant properties.

  3. Mitigation of Risks: RPRs offer comprehensive information about the property’s physical layout and legal status. Buyers can make informed decisions based on accurate data, reducing the risk of investing in problematic properties. Moreover, sellers can mitigate the risk of potential legal disputes by providing complete and accurate RPRs.

  4. Smooth Transactions: Having an RPR in place streamlines the transaction process by providing all stakeholders with crucial information upfront. This transparency fosters trust between buyers and sellers and expedites the closing process, minimizing delays and uncertainties.

  5. Superior to Title Insurance: While title insurance offers protection against unforeseen title defects, it does not provide the same level of detailed information as an RPR. RPRs offer a comprehensive overview of the property’s physical features and legal status, empowering both buyers and sellers with valuable insights that title insurance alone cannot provide.

In conclusion, Real Property Reports are indispensable tools in real estate transactions. They offer clarity, compliance, and risk mitigation, facilitating smooth and transparent transactions for all parties involved. Prioritizing RPRs over title insurance ensures that buyers and sellers have a thorough understanding of the property, fostering trust and confidence throughout the transaction process. In the dynamic world of real estate, RPRs stand as pillars of reliability and integrity, essential for navigating the complexities of property transactions.

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Finding Tranquility in Canmore's Silvertip: A Peek into Mountain Tranquility at Silvertip.

Introduction

Nestled in the heart of the Canadian Rockies, the Town of Canmore has long been a destination for nature enthusiasts, adventure seekers, and those in search of a peaceful mountain escape. It's no surprise that the demand for property in this picturesque town has steadily grown over the years. One standout development that's been drawing attention is Mountain Tranquility at Silvertip. Offering a unique blend of luxury and tranquility, this development is redefining mountain living.

The Setting: Silvertip's Enchanting Landscape

Before we delve into the details of Mountain Tranquility at Silvertip, let's set the stage by discussing the breathtaking location where it's situated. Silvertip is a prestigious golf and mountain community, known for its awe-inspiring surroundings. The development offers unobstructed views of the Three Sisters Mountain range, pristine forests, and the Bow Valley. It's not just a location; it's a lifestyle. With numerous outdoor activities such as hiking, golfing, and wildlife viewing right at your doorstep, it's no wonder that Silvertip is a prime location for those who appreciate nature's wonders. 

Mountain Tranquility: A Glimpse of the Development

Mountain Tranquility at Silvertip is more than just a collection of homes; it's a vision of harmonious living amidst nature's grandeur. The homes here are thoughtfully designed to maximize the stunning mountain views, and the architecture seamlessly blends with the surrounding environment. Let's explore what makes this development stand out:

  1. Architectural Excellence: The homes in Mountain Tranquility at Silvertip showcase architectural excellence that harmonizes with nature. Large windows and open spaces allow residents to feel connected with the outdoors, while luxurious finishes and attention to detail create an inviting and comfortable ambiance.

  2. Ample Space: These homes offer generous living spaces, perfect for families or individuals seeking a tranquil mountain retreat. Spacious interiors are complemented by outdoor areas, including decks and patios, that invite residents to enjoy the serene mountain setting.

  3. Sustainable Living: Canmore is a place where people deeply value the environment. Mountain Tranquility at Silvertip development embraces sustainable living practices, from energy-efficient designs to the use of eco-friendly materials, ensuring that residents can enjoy the beauty of the Rockies without harming the pristine environment. 

  4. Community Amenities: In addition to individual homes, this development offers amenities that foster a sense of community. Residents can connect at the clubhouse, where they can enjoy social gatherings, fitness facilities, and more. A sense of togetherness is an essential part of life in Mountain Tranquility.

Living in Silvertip

Life in Mountain Tranquility at Silvertip is not just about your beautiful home; it's about the lifestyle you can embrace. Canmore offers a wide range of activities, whether you're an outdoor adventurer or someone who seeks tranquility through art, culture, and wellness. Here are some activities that residents can enjoy:

  1. Outdoor Adventures: Canmore is a paradise for outdoor enthusiasts. Hiking, skiing, mountain biking, and golfing are just a few of the activities you can enjoy in the Rockies.

  2. Cultural Experiences: Canmore is a town rich in culture, with art galleries, music festivals, and a vibrant local scene that offers diverse cultural experiences.

  3. Wellness and Relaxation: Find your inner peace with wellness activities such as yoga, meditation, and spa treatments in Canmore's numerous wellness centers.

Conclusion

Canmore's Mountain Tranquility at Silvertip is more than just a real estate investment; it's an opportunity to embrace a lifestyle that celebrates the serenity and grandeur of the Canadian Rockies. With a commitment to sustainable living and architectural excellence, this development seamlessly integrates into the breathtaking landscape of SilverTip.

If you're in search of a mountain retreat that marries luxury with nature, then a visit to Mountain Tranquility at Silvertip should be on your to-do list. Whether you're an outdoor adventurer or someone who appreciates the simple pleasure of a breathtaking view, this development has something to offer everyone. Canmore's Mountain Tranquility is where you'll find the perfect balance between the tranquility of the mountains and the comforts of a modern mountain home.

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Subject: Unlocking the Future of Real Estate: Generational Support on the Rise

Hello Real Estate Enthusiasts,

In today's ever-shifting real estate landscape, a heartening trend is making waves: baby boomers are stepping up to help millennials enter the housing market. With recent changes to the stress test and the specter of rising interest rates, generational transfers and the gifting of downpayments are taking center stage like never before.

Gifted Downpayments & Co-signing: As the real estate market faces new challenges, the power of generational support shines brightly. Baby boomers are gifting downpayments and co-signing loans, offering a lifeline to millennials who aspire to become homeowners.

What's Behind This Trend? Discover the reasons behind this surge in generational transfers and the impact it's having on real estate transactions in our latest YouTube video. We delve into the evolving dynamics, potential benefits, and what you need to know to navigate this changing landscape.

Watch Now: (The Bank of Mom and Dad)

In our video, we'll cover:

  • Real-life stories of baby boomers and millennials collaborating for homeownership.
  • Insights into how these strategies can mitigate the effects of stress tests and rising interest rates.
  • Expert advice on making the most of generational support while preserving financial well-being.

Join us on (Robb Aishford Canmore/Cochrane Real Estate) for a deep dive into this inspiring and insightful discussion.

Stay informed, stay inspired, and stay ahead in the real estate game. Subscribe, like, and share our YouTube channel to access the latest real estate trends, tips, and success stories.

Thank you for being part of our real estate community, where we believe in building bridges across generations to secure brighter futures in real estate.

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The Crucial Role of Accurate Postal Codes in Listings: Avoiding Costly Ramifications

In today's fast-paced world, where online transactions and virtual connections have become the norm, the accurate representation of addresses is more crucial than ever. Whether you're a homeowner, a property buyer, or a business owner, having the correct postal code in all your listings can significantly impact various aspects of your life. In this blog, we will delve into the importance of accurate postal codes and the far-reaching ramifications of not having the correct information, including insurance, mortgages, and proper title registration.

The Foundation of Precise Information

Postal codes, are numerical codes assigned to specific geographical areas. They play a pivotal role in ensuring that mail and packages reach their intended destinations promptly. For any listing, whether a residential property, a commercial establishment, or an office space, an accurate postal code is the foundation of precise location information.

1. Insurance Coverage: Protecting Your Investment

Insurance coverage is one of the first areas affected by an incorrect postal code in a property listing. Homeowners and businesses rely on insurance policies to protect their valuable assets from unforeseen events like natural disasters, theft, or accidents. However, if the postal code needs to be corrected, the insurance company might misjudge the risk associated with the property. This can result in incorrect policy premiums or, in worst-case scenarios, the denial of claims when disasters strike.

2. Mortgages and Property Financing: Securing Your Future

When applying for a mortgage or seeking property financing, the accuracy of the postal code is critical for lenders. Mortgage rates, loan terms, and eligibility criteria often vary based on the property's location. If the postal code is erroneous, it might lead to miscalculations in the property's estimated value, potentially resulting in inadequate financing or loan rejections.

3. Registration of Title: Ensuring Legal Ownership

Title registration is a legal process that establishes ownership rights to a property. Accurate postal codes are fundamental to this process as they precisely define the property's location within a jurisdiction. A wrong postal code can confuse the property's exact boundaries, leading to legal disputes over ownership rights and affecting the property's marketability.

4. Emergency Services: A Matter of Life and Death

Every second counts in emergencies, such as medical crises or fire incidents. Emergency services rely on accurate postal codes to reach the location swiftly and provide immediate assistance. An incorrect postal code could mean the difference between a timely response and a delayed arrival, with potentially dire consequences.

5. Reputation and Business Success

For businesses, whether they operate online or have physical establishments, providing correct postal codes in their listings is crucial for building a reliable reputation. Customers expect seamless deliveries and services, and any inaccuracies in location information can lead to lost trust and negative reviews.

The Solution: Double-Checking and Cross-Verifying

Property owners, real estate agents, and businesses need to double-check and cross-verify location details before listing any property or service to avoid the detrimental ramifications of incorrect postal codes. Utilizing reliable geocoding services and consulting official postal code databases can help ensure accurate information.

Conclusion

In conclusion, accurate postal codes are the bedrock of successful transactions, seamless services, and secure investments. From insurance coverage and mortgages to proper title registration, every aspect of property management relies on correctly representing location information. To safeguard against costly pitfalls, it is imperative to prioritize the accuracy of postal codes in all listings. By doing so, individuals and businesses can ensure a smooth and hassle-free experience while upholding their professional integrity in an increasingly interconnected world.

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Shared originally via CREA.

1. The home inspection exposes major issues

Whether you’re purchasing a brand-new build or an older property, getting a home inspection helps uncover defects or repairs that need doing. Minor issues can usually be solved between the buyer and seller, but if an inspector finds large cracks in the foundation or a leaky roof, that could be problematic. 

“That can definitely kill a deal or bring it back to the table for further negotiations or more exploratory work involving a structural engineer,” says Shpak. “Sellers can potentially avoid those problems by having their home pre-inspected before going to market so you can fix minor issues, and if you come across a major one, you could think about how you’re going to tackle it when it comes to the table.” 

The seller’s REALTOR® might suggest disclosing a major issue in the listing and pricing the home accordingly, for example. 

2. Documents reveal red flags 

If you’re purchasing a condominium, you and your REALTOR® should first review documents pertaining to the building, says Shpak. 

“These include depreciation reports, meeting minutes, engineering reports, and financial summaries, and sometimes, depreciation reports can read very poorly,” he explains.

“For example, if you’re looking at a condo in a 10-unit building, you could find out the roof soon needs replacing at a cost of $100,000, but the building’s funding reserve is empty. That means everybody would owe $10,000 for the roof. Depreciation reports can show other expensive items that need replacing, like windows or elevators. This can kill a deal if the costs become too onerous for people to take on.”

3. Financing isn’t approved or a home appraisal doesn’t match the sale price

If you’re not pre-approved for a mortgage, you may not get financing in place—which could tank the sale. Even if you’ve been pre-approved, your bank will need to appraise the home you’re buying before finalizing your mortgage. 

“In competitive offer situations where people’s emotions might get the best of them, the price gets higher and higher and the bank might disagree with the value,” explains Shpak. “That means it’s a shortfall from the agreed-to price, so you can still finance a large portion of it, but to make this sale work now, you’d have to bring more money to the table.”

Buyers unable to afford a larger down payment may back out of the deal.

4. Small details can cause big problems

Sometimes, buyers and sellers agree on a purchase price but then get bogged down on other points like occupancy dates or what’s included with the home. For example, a buyer may want to move into the home quickly, but the seller needs more time. 

“Usually there’s a creative solution to make it work—like the seller does a rent back for a month or longer—but it can spill over to other facets of the negotiation and sour the whole deal,” says Shpak. “Sometimes buyers say, ‘I want all your furniture included’. I always tell clients to leave that off the table and make a good deal happen. Then, after the deal’s done, we can make them an offer for furniture, but keep it separate from the home.”

5. Buyers get cold feet 

Until all conditions are met—a home appraisal and inspection have been done, financing is in place—and a buyer has brought in a deposit that’s at least 5% of the purchase price, a deal is not done and buyers can walk away if they have a reason for doing so.

Get peace of mind by working with a REALTOR® 

With so many steps involved, working with a REALTOR® is extremely beneficial. 

“If you’re working on your own, you don’t have representation to protect and guide you. A REALTOR® looks out for your best interests,” says Shpak. “We carry through the due diligence so you understand exactly what you’re getting involved in, what the costs are and what the process is so you can feel 100% comfortable with every decision you’re making.”

If you’re buying or selling your home soon, connect with a local REALTOR® to make sure you’re taken care of through the entire process—from the expected highs to the unexpected lows. 

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Easter Egg Celebration!
It's Easter time! I'm putting a twist on the traditional Easter Egg hunt, this time, I've got "goody bags"

Once a while, you’ve to change things up just a bit… so that’s exactly what’s happening!

Please join Robb, in either Canmore or Cochrane for an Easter Egg celebration! This is a *complimentary* event desired to spread some sweet goodness and build some community.

For Canmore, RSVP here

For Cochrane, RSVP here

Together, let’s build community!

Happy Easter!

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BILD Alberta’s BOWDA Update on the Tiered Energy Code Roadmap, Net Zero Homes and New Construction

BILD Alberta: Championing Energy Efficiency and Sustainable Building Practices

BILD Alberta, short for the Building Industry and Land Development Association, is a non-profit organization that represents the interests of the home building and land development industry in the province of Alberta. BILD Alberta is committed to promoting sustainable and energy-efficient building practices in the province, and has been a key advocate for the adoption of the 2020 National Building and Energy Codes, the Tiered Energy Codes, and the development of a pathway to Net Zero homes.

The 2020 National Building and Energy Codes

The National Building Code of Canada (NBC) is a model code developed by the National Research Council of Canada that outlines the minimum standards for the design and construction of new buildings. The 2020 edition of the NBC includes provisions for energy efficiency and sustainability that aim to reduce greenhouse gas emissions and energy consumption in new buildings. The 2020 National Energy Code for Buildings (NECB) is also included in the NBC, and sets minimum requirements for the energy performance of buildings.

BILD Alberta played a crucial role in the development of the 2020 NBC and NECB, advocating for measures that would improve energy efficiency and reduce greenhouse gas emissions in new buildings. The new codes require buildings to be more airtight, better insulated, and equipped with more efficient heating, cooling, and ventilation systems. They also mandate the use of energy-efficient lighting and the inclusion of renewable energy sources such as solar panels.

Tiered Energy Codes

The province of Alberta has implemented a tiered energy code system that provides builders with a range of energy efficiency options to choose from. The tiered energy codes offer a flexible approach to energy efficiency, allowing builders to choose the level of energy efficiency that works best for their project and their clients.

The tiered energy code system includes three levels: Tier 1, Tier 2, and Tier 3. Tier 1 is the minimum level of energy efficiency required by the 2020 NECB, while some homes can be built to a Net Zero standard at Tier 4. Builders can choose to comply with any of the three tiers, depending on the energy efficiency goals of their project.

Tier 1: Minimum Code Requirements

Tier 1 is the minimum level of energy efficiency required by the 2020 NECB. Buildings constructed to Tier 1 standards must meet the minimum requirements for insulation, air sealing, heating, cooling, and ventilation outlined in the NECB.

Tier Increase to Construction Costs Cost Impact Per Home Barriers Prior to Implementation Timing
1 0% – 0.34% $0-$1,072 None Mid-2023

Tier 2: Enhanced Energy Efficiency

Tier 2 represents an enhanced level of energy efficiency beyond the minimum requirements of Tier 1 and will become the minimum standard by mid-2025. Buildings constructed to Tier 2 standards must meet more stringent requirements for insulation, air sealing, heating, cooling, and ventilation. Builders may choose Tier 2 for projects with a higher energy efficiency target than Tier 1.

Tier Increase to Construction Costs Cost Impact Per Home Barriers Prior to Implementation Timing
2 0.35% – 1.05% $1,100-$3,300 – Energy Advisors/airtightness testing capacity
– Multi-family airtightness testing requirements
– Managing peak cooling loads
– Education of builders, building officials and homeowners
Mid-2025

Tier 3: Increased Costs

Tier 3 represents an increased cost challenge, with the envelope improvement requirements, more insulation and energy-efficient windows will be required, increasing costs born by home buyers. Buildings constructed to Tier 3 standards must meet the most stringent requirements for insulation, air sealing, heating, cooling, and ventilation. Builders may choose Tier 3 for projects but additional airtightness testing requirements would be required. For more remote communities, the costs could be substantial.

Tier Increase to Construction Costs Cost Impact Per Home Barriers Prior to Implementation Timing
3 1.05% – 1.40% $3,300 – $4,400 – Clarify the prescriptive pathway
– Energy Advisor/airtightness testing capacity
– Building envelop training with trades
TBD

Tier 4: Net Zero Energy Ready – Electrified Homes

Tier 4 represents a Net Zero Energy Ready standard. At Tier 4, electrified home heating will be a requirement for homes. It is unclear if Alberta’s electricity infrastructure can support a broad shift to electrified home heating at this time. Builders may choose Tier 4 for projects with the goal of achieving Net Zero energy consumption, which means the building produces as much energy as it consumes over the course of a year.

Tier Increase to Construction Costs Cost Impact Per Home Barriers Prior to Implementation Timing
4 7% $20,000 – $22,000 – Housing affordability.
– Air source heat pump technology.
– Electric infrastructure to support electrified home
heating.
– Envelope improvements.
– Clarify the prescriptive pathway.
TBD

Tier 5: Go Green

Tier 5 represents an increased cost challenge, and dramatic change to building. Tier 5 currently goes beyond what even current Code requires. Solar panels and off site renewable energy sources are required; heat pumps, electrical heaters and so much more, make the Tier 5 a challenge. Lastly, given Alberta’s electrical grid is and remains largely fuelled by fossil fuels (natural gas) we’d be at a distinct disadvantage to provinces with abundant hydro-electricity generation.

Tier Increase to Construction Costs Cost Impact Per Home Barriers Prior to Implementation Timing
5 25% $70,000 – $77,000 – Revisions to Tier 5 requirements to reflect actual Net Zero construction.
– Impact on housing affordability.
– Diminishing returns on insulation.
– Designing for solar panels.
– Embodied carbons analysis.
– Electric infrastructure to support electrified home
heating.
– Clarify the prescriptive pathway.
TBD

A Pathway to Net Zero Homes

BILD Alberta is committed to promoting the adoption of Net Zero building practices in the province. Net Zero homes are designed to produce as much energy as they consume, and can be achieved through a combination of energy efficiency measures, renewable energy sources, and energy storage systems.

The tiered energy code system is a pathway to achieving Net Zero homes in Alberta. By gradually increasing the energy efficiency requirements for new buildings, the province is creating a market for Net Zero homes and encouraging the development of new technologies and practices to achieve this goal.

But challenges remain. Between our colder climate and fossil-fuel driven electrical generation, any pathway to a full Tier 4 or Tier 5 will likely be years away. Progress can and will be made, but affordability, competitiveness and overall home construction remains a long-term challenge.

BILD Alberta is also working with industry partners and government officials.

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2023 Annual State of Cochrane Address
The advertising banner from the Cochrane Chamber of Commerce for the 2023 State of Cochrane Address.

The Cochrane Chamber of Commerce recently held its 2023 Annual State of Cochrane Address, where Mayor Jeff Genung gave a compelling speech on the current state of the town and its future prospects. The event was well-attended and received significant interest from the local community.

In his address, Mayor Genung touched on several key points critical to Cochrane’s future growth and development. He spoke about the town’s solid economic foundations, including its low unemployment rate and strong business sector, which he attributed to the hard work and determination of the town’s residents and business owners.

The mayor also spoke about the town’s ongoing commitment to infrastructure development, which includes plans for new transportation networks and public amenities that will make Cochrane an even more desirable place to live and work. He highlighted the importance of attracting new businesses and residents to the town and emphasized the Chamber of Commerce’s role in this effort.

Mayor Genung delivers his 2023 State of Cochrane address.

Another key theme of the mayor’s speech was the importance of sustainable development. He emphasized the town’s commitment that “growth must pay for growth” and spoke about the various initiatives implemented to achieve these goals.

Mayor Genung spoke about the town’s plans for future growth, which include developing new residential and commercial developments that will help further diversify the local economy. He also emphasized the importance of continuing to invest in education and training programs to help the city’s residents thrive in a rapidly-changing world.

Some key takeaways:

  • Garmin announces 200 new jobs coming to Cochrane
  • Cochrane’s the 11th fastest-growing municipality in Canada
  • Cochrane’s the fastest-growing municipality in Alberta
  • In 2022, 1141 homes were sold. 
    • 540 were single-family
    • The average price for a single-family dwelling was $561,200.00 (a 21.99% increase over 2021) versus $460,300.00 in 2021.
  • Cochrane’s welcomed 81 new businesses adding to the overall 2113 active business registrations locally. 
  • Cochrane’s a proud member of the mid-city mayor’s caucus, joining 24 other municipalities working together to represent over a million Albertans collectively.

Past readers of this blog, will have read my previous blog on why, “Cochrane is the Best of Both Worlds.” As we’ve seen Cochrane continues to see exponential growth, in both the business sector and in families choosing to call this thriving community home. So not only is our entrepreneurial spirit strong, but so too is the Cochrane real estate market.

Overall, the 2023 Annual State of Cochrane Address was a positive and inspiring event that gave the local community a glimpse into the future of their city. With Mayor Jeff Genung’s vision and leadership, Cochrane is poised for a bright future, and the Chamber of Commerce is proud to play a role in making that vision a reality.

Please visit its website today if you’re interested in learning more about the Cochrane Chamber of Commerce, its activities and events, or how you can support the local business community.

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Top 100!

Thank you!

Real estate has never just been about transactions.

It’s a relationship business. Where trust, professionalism, and knowledge are all important factors in providing outstanding service to clients, both past and present.

Whether clients are selling their family home, looking to buy their first home as a married couple, or that long-time investment property. It’s an honour. Thank you to all my clients, past, present, and future for entrusting me with their real estate needs.

Thank you RE/MAX Canada, I’m humbled to be amongst my hardworking colleagues where we are “Your Unfair Advantage”.

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Doom and Gloom?

Yes I said it. I’m also not just talking about the weather but of countless media reports about the market cooling, big challenges to buyers and sellers. But is this the case? Here’s the real deal.

Banff is not your typical community, it’s in a national park. Different rules apply.

Canmore is not Banff, it’s not in the national park, but between zoning, limited land* and a mix of things (higher interest rates, higher costs to renovate/access to trades, buyer fatigue and some newer inventory) we are seeing some changes.

Cochrane is not Banff, it’s also not Canmore. But it too is seeing some shifts, supply remains tight. Alberta’s jobless rates continues to improve and the demand continues to outpace supply. Overall pricing remains 18% higher year over year at $521,000.00.


What’s Really Happening?

Everything. The Bank of Canada raised its key overnight lending rateThe war in Ukraine continues to cause challenges – everywhere. WCS (Western Canadian Select) and WTI (West Texas Intermediate) otherwise known as crude oil prices continue to drive higher gas prices.

Canada’s also on track to welcome a record number of new Canadians to this country. After all we are a country of immigrants (we also wish to acknowledge the traditional territories of the people of the Treaty 7 region in Southern Alberta, which includes the Blackfoot Confederacy (including the Siksika, Piikuni, Kainai  First Nations), the Tsuut’ina, and the Stoney Nakoda (including the Chiniki, Bearspaw, and Wesley First Nations).  This region is also also home to Metis Nation of Alberta, Region III).

So demand remains robust, but the costs involved with housing continue to increase (so too for, well everything in life).

Cost of Living

Generally, the cost of living continues to increase (thanks inflation and, well everything). Housing becomes more expensive, in order to carry a mortgage, qualifying becomes more challenging, and so on, so forth.

Canmore

The seller’s market remains, but we’ve seen some “balance” added to the equation.

Cochrane

Generally more affordable, market conditions remains tight.

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Why Cochrane is the Best of Both Worlds

Location – from the City

The number one rule in real estate has often been, “location, location, location”. Cochrane’s less than 20 minutes from NW Calgary, via Highway 1A.

Location – from the Mountains

If you’re needing your, “mountain fix”, Canmore is less than an hour away, and your mountain escape begins! Whether you’re choosing to go the more scenic route through the Stoney Nakota First Nation, or via the Trans Canada, Cochrane has it all.

Nature

Did we mention the location? How about your closeness to nature, that is Mother Nature, the Great Outdoors, and the boundless adventures that await, literally just outside your doorstep. Cochrane’s got an amazing trail systemparks, and other great outdoor spaces. Whether you’re choosing to walk, run, drive or take COLT. Don’t forget to check out the Cochrane Ranche Historic Site, it’s an amazing “getaway” without leaving Town!

Looking for a slight drive, wanting to “get out of town?”. Head to Big Hill Springs Provincial ParkGlenbow Ranch Provincial Park and if you really love Glenbow, consider supporting Glenbow Ranch Park Foundation. If you’re up for a bit more adventure, or a bit more out of the way trip, check out Bragg Creek Provincial ParkKananaskis Country, and the most famous of them all, Banff National Park.

Quality of Life

The Town of Cochrane proudly calls itself, “How the West is Now”. They couldn’t be more right. Cochrane’s a thriving, bedroom community just outside of the City of Calgary and it really does offer it all. We’ve got the location, we’ve got nature at our doorsteps, and we’ve got the perfect place for you to call home, raise a family and even start a business. We’ve also seen significant growth in the past 20 years, where the population has more than tripled. Situated along the Bow Valley, if you’re looking for a community that has it all, and where you can afford to live, work and play, we’d better talk.

Cost of Living

Cochrane continues to see increases in the cost of living. That’s a reality borne by many communities. Low-interest rates, increases in immigration, a shortage of housing, and demand for housing have all contributed. According to the Calgary Real Estate Board (CREB), the average cost of residential real estate in Cochrane is now $491,200.00.


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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.