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CALGARY CATCHES THE MICRO-LOFT TREND Could you live large in under 600 square feet Increasing numbers of rst-time buyers say its not only possible its desirable if the space is laid out right and close to all the action. We asked Christine Hourd a REALTOR with Royal LePage Benchmark for the scoop on the citys growing micro-loft trend. Q Whos the ideal micro-loft resident A The ideal buyer is someone just starting out in homeownership someone who doesnt have a lot of stuff and who has that urge to travel and wants to keep home expenses low so they can spend more time ALBERTA snowboarding or just hanging out with friends. Q Wheres the trend strongest in Calgary A The East Village. Its a well-planned community that promotes a livelier environment. It speaks to people who seek a little more adventure in their life. Already this up-and-coming development along the river has amazing bike paths and even water fountains for dogs Once complete it will have all the amenities it needs to support itself plus a music hall and a library. Q Any tips for those considering a micro-loft A Consider this a part of your long- term real estate plan. Start with something simple and low cost. AT A GLANCE Average Home Purchase Price 378899 GCA 417389 Average Down Payment 7.5 GCA 7.8 AverageHousehold Income 110883 GCA 109659GCA 109659 Source Genworth Canada 2015 New Insurance Written purchase business only. TYPE OF PROPERTY Condo 7.2 GCA 13.4 Detached 79.2 GCA 67.6 Row 7.8 GCA 12.1 Semi 5.7 GCA 6.9 8 GENWORTH CANADA SPRINGSUMMER 2016