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Meet Calgary's top Real Estate team

David Magnan, Karissa Robson, Daniel Medina, Pam Chai and Claire LeFebvre.  DM Real Estate was established in 2014 with the dynamic duo of David and Claire combining the skills, knowledge and expertise of a Calgary Real Estate professional and communications specialist.  David has been working in this industry since 2003 and throughout his many years in resale he's developed a keen understanding of Calgary's market and in-depth knowledge of neighbourhoods in all 4 quadrants.   Furthermore, he spent 8 years working as the Alberta Sales Director for Vancouver based Rennie Marketing Systems focusing on new home sales in the inner city.  His knowledge of Calgary's downtown living and condo market is unmatched.  Throughout his time with RMS he had the opportunity to work with the best Real Estate professionals in the business including Pam Chai, Daniel Medina and Karissa Robson to eventually form the team known as DM Real Estate.  With countless deals to their names, over 50 years of combined experience and a dedicated communications specialist at their fingertips, this group of subject matter experts will work with you every step of the way to get your deal done.  

Looking to buy or sell?  Let the team at DM Real Estate be your guide.  Our team works together to meet the needs of our clients, the most valuable part of our business.  We are committed to offering all of our clients the very best and making the process smooth, seamless and simple.  Our knowledge about Calgary's real estate market is next level and we know what it takes to get your home sold or find you that perfect home at the best price.  Get in touch, we'd love to connect with you.  When you expect the best you'll get exceptional results.  Let us Direct your next Move!

2021 Calgary Property Assessments: what YOU need to know

Check your mailbox, the City of Calgary is mailing the 2021 Property Assessment Notice and I want to take a moment to touch on what this number is and how it affects you as a potential buyer or seller.  Firstly, it’s important to remember why the city does this and it’s mainly to determine the amount of residential property taxes each homeowner will pay and it is calculated using the mass appraisal approach which is the legislated method of preparing assessments in Alberta.  The city of Calgary uses this approved method to ensure there is a certain level of fairness and equity among property owners within the city.  The city cannot appraise each home individually to determine its true “value”, the mass appraisal approach gives them a close enough number to make sure taxes are equally distributed and therefore are as fair as they can be. If you want more specific details on how it’s calculated and what’s included,  head to the City of Calgary website.  

The question on everyone’s mind is whether this is a true reflection of what their home is worth should they want to put it up for sale today.  The short answer is NO.  While this assessment gives a general idea of a home’s value, it’s the presumed market value on July 1, 2020 based on the mass appraisal approach.  This means it’s not taking current market conditions into consideration and it’s not focusing on the unique details of each home.  There are many other factors that will influence the actual value with the most important being the current market conditions on the day you plan to buy or sell your home.  While it’s easy for homeowners or potential buyers to lean on this piece of information because it appears to be factual and  comes across as being very official and legitimate, the reality is that it’s not a reflection of a true home appraisal which is conducted generally by a financial institution and addresses similar components of the mass appraisal but on a much more detailed level and takes into account current market conditions.  As a taxpayer, this information is extremely valuable but as a buyer or a seller it can be distracting so if you’re thinking of selling in the upcoming Spring market, let us come do a FREE home valuation for you and find out what your home is really worth.