October 2016

Found 2 blog entries for October 2016.

Red Deer was dubbed as one of the greenest cities in the country this year! Sharing the title with 16 other cities across the nation. The Expedia feature based a large emphasis towards Red Deer¬ís Pollinator Parks, such as Maskepetoon Park and City Park that are left free of pesticides and mowing. Red Deer goes above and beyond to ensure that its grounds are kept in great shape and do all they can to enhance the city. Such as the cleaning initiative "Green Deer" which happens every spring. Residents, groups and businesses come together in the efforts of cleaning up the community and parks surrounding the city. With the "Leave it better than you found it" model in mind, all of the people involved in the program work towards ensuring Red Deer is clean

113 Views, 0 Comments

Cap Rates vs. Property Values Explained

Today, I would like to take some time and outline the definition of a “Cap Rate” as well as how a basic CAP Rate calculation is completed.

The “Cap Rate”, or capitalization rate, is the rate of return on a real estate investment property based on the income that the property is expected to generate. The capitalization rate is used to estimate the investor’s potential return on his or her investment.

Cap Rates can vary from major urban centers to rural areas, however typical cap rates in Central Alberta are around the 7%-8% range depending on location.

 

Let’s have a look at an example;

Commercial Investment being offered with the following information;

Asking Price: $750,000.00

Net

27 Views, 0 Comments

Sign up for email updates