According to 2011 census figures, Calgary is Canada’s third largest city with a population of roughly 1.1 million. The median age of a Calgarian is 36 years, compared to 38 in Toronto and 40 for the nation overall. The past decade saw a mass infusion of youth attracted to the booming economy and robust employment opportunities.
Calgary appears to be a young city in every sense. After all, it is only 130 years old, and half of our current residents did not live here during the Calgary Olympics of 1988. It would seem that the mythical fountain of youth is alive and well and living in Calgary, but on closer inspection, there’s a catch.
The youngest city in Canada is aging and aging rapidly! In 2011, the first baby boomers turned 65 and their fellow boomers will follow in rapid succession. The coming decades will see dramatic growth in the senior population. The City of Calgary states on its website that “it took a full 70 years for Calgary’s population to climb from 5% seniors to 10% seniors…..it will only take 30 years to climb another full 10% to nearly 20% of the population.”
It remains to be seen if the new generation of senior homeowners will follow the downsizing trend established by their own parents. Over the years, I’ve worked with a number of clients eager to rid themselves of the large house and settle into a single story condo or apartment. Others choose to stay in the large family home as long as possible or buy a new single family home in a resort community once they’ve retired.
One thing is for certain – changes will be in store as we strive to meet the needs of an aging population. The shifting demands faced by the housing industry will also confront the health care, transportation and support service industries.
Among my own clients in the 55+ population, I see a renewed preference for downtown living. The active older generation is attracted to the same low-maintenance lifestyle as the younger folks. They want easy access to transportation, urban services and amenities. Several large-scale development projects are currently underway in the southeast quadrant of Calgary comprised of mixed-use communities with rental apartments, condos, office and retail space, schools, libraries, and assisted living facilities. In many respects, this represents a return to our past before the decades of suburban sprawl. Everything old is new again!
Do you need to move to celebrate the changes that are happening in your life? Let me serve you in helping you make the move to the place or home that reflects where you are in life’s journey! I will listen to your needs and use my knowledge and expertise to make this a smooth transition to the right place for you to call home in Calgary. Contact me at 403-708-5873, email@example.com, or www.allisonjames.com and let’s get on with your journey!
About Allison James
Allison James has been a realtor® since 1999 with Century 21 Bamber Realty Ltd. in the changing Calgary real estate market. A Century 21 Centurion Award 2007 recipient and a member of CREA and AREA, she specializes in residential real estate and has her designations as a Seniors Real Estate Specialist and a Certified Condominium Specialist. These designations testify that she has the expertise and resources to help her clients make a smooth transition to the next step in their life journey. She enjoys helping her clients as they move through many of the same stages of life that she, too, has experienced. The fact that the majority of her business comes from past clients and/or referrals from satisfied clients speaks volumes about her dedication to the high quality of service that she offers her clients to meet their Calgary and surrounding area real estate needs. She is a mother of four who are all on their own now, and a grandmother of eight. Besides helping people buy or sell real estate, she loves spending time with her family, being active outdoors, traveling and meeting new people, photography, playing the drums, reading, scuba diving, listening to music, learning new things, and nurturing her spiritual growth.