Calgary

1. Understanding the Differences: Furnished vs. Unfurnished Housing

• Furnished Housing: These units come equipped with essential furniture and appliances. Typically, this includes beds, sofas, dining tables, chairs, and sometimes kitchenware, linens, and electronics (e.g., TVs). The level of furnishing can vary, so always confirm what is included.

• Unfurnished Housing: These units are empty except for major appliances like a refrigerator, stove, and sometimes a washer and dryer. You’ll need to provide your own furniture and household items.

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2. Advantages and Disadvantages

Furnished Housing

Advantages:

• Convenience: Ideal for short-term stays or if you’re relocating without furniture.
• Lower upfront costs: No need to purchase furniture or appliances.
• Flexibility: Easier to move in and out, making it suitable for temporary assignments, students, or newcomers.
• Time-saving: No need to spend time shopping for and assembling furniture.

Disadvantages:

• Higher rent: Furnished units typically cost more than unfurnished ones.
• Limited personalization: You may not be able to decorate or rearrange the space to your liking.
• Wear and tear liability: You may be responsible for damages to the provided furniture, which could result in deductions from your security deposit.

Unfurnished Housing

Advantages:

• Lower rent: Generally more affordable than furnished units.
• Personalization: You can furnish and decorate the space to suit your taste and needs.
• Long-term suitability: Better for those planning to stay in Calgary for an extended period.

Disadvantages:

• Higher upfront costs: You’ll need to buy or rent furniture and household items.
• Time and effort: Moving in and setting up the space can be time-consuming.
• Commitment: Less practical for short-term stays.

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3. Typical Costs in Calgary

Furnished Housing

• Apartments: Furnished one-bedroom apartments in Calgary typically range from $1,800 to $2,500 CAD per month, depending on location, size, and amenities.
• Houses: Furnished houses or townhomes can cost $2,500 to $4,000 CAD per month or more, especially in desirable neighborhoods.
• Short-term rentals: If you’re looking for a short-term furnished rental (e.g., Airbnb or corporate housing), expect to pay a premium, often $100 to $200 CAD per night.

Unfurnished Housing

• Apartments: Unfurnished one-bedroom apartments typically range from $1,300 to $1,800 CAD per month.
• Houses: Unfurnished houses or townhomes generally cost $2,000 to $3,500 CAD per month, depending on size and location.

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4. Lease Agreements and Deposit Requirements

Lease Agreements

• Furnished Rentals: These often come with shorter lease terms (e.g., month-to-month or 6 months), but longer leases are also available. Short-term leases may have higher monthly rents.
• Unfurnished Rentals: Typically require a 12-month lease, though some landlords may offer 6-month leases or month-to-month options at a higher cost.

Deposit Requirements

• In Calgary, landlords can legally request a security deposit (also called a damage deposit) equal to one month’s rent. This applies to both furnished and unfurnished rentals.
• For furnished rentals, landlords may also request an additional deposit to cover potential damage to furniture and appliances.
• Deposits must be returned within 10 days of the lease ending, provided there is no damage or unpaid rent.

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5. Local Considerations and Trends in Calgary’s Housing Market

Seasonal Demand

• Winter (November to February): Rental demand tends to be lower, and you may find better deals or more negotiating power.
• Spring and Summer (March to August): This is peak moving season, especially for students and families. Expect higher competition and potentially higher rents.
• Oil and Gas Industry Influence: Calgary’s economy is heavily tied to the energy sector. Fluctuations in the industry can impact housing demand, with higher demand during economic booms.

Neighborhoods

• Downtown Calgary: Popular for professionals and students, with a mix of furnished and unfurnished apartments. Expect higher rents.
• Beltline and Mission: Trendy areas with many furnished options, ideal for young professionals.
• Suburbs (e.g., Tuscany, Evanston, or Mahogany): More family-oriented, with a focus on unfurnished houses and townhomes.

Utilities

• Some rentals (especially furnished ones) include utilities (electricity, water, heating, and internet) in the rent. For unfurnished rentals, utilities are often paid separately, costing an additional $150 to $300 CAD per month.

Pet Policies

• Calgary is pet-friendly, but not all rentals allow pets. Furnished rentals are less likely to permit pets due to potential damage to furniture. If you have pets, expect to pay a pet deposit (usually $200 to $500 CAD) or a small monthly fee.

Rental Customs

• Credit and References: Landlords in Calgary often require a credit check and references from previous landlords or employers.
• Inspection Reports: For both furnished and unfurnished rentals, it’s customary to complete a move-in inspection report to document the condition of the property and any existing damage.

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6. Factors to Consider When Deciding

• Length of Stay: If you’re staying for less than a year, a furnished rental may be more practical. For longer stays, unfurnished housing is usually more cost-effective.
• Budget: Consider not just the monthly rent but also the upfront costs of furnishing an unfurnished unit.
• Lifestyle: If you value flexibility and convenience, furnished housing is ideal. If you prefer a personalized space, go for unfurnished.
• Location: Furnished rentals are more common in central areas like Downtown and Beltline, while unfurnished options dominate suburban neighborhoods.
• Future Plans: If you plan to settle in Calgary long-term, investing in your own furniture for an unfurnished rental may be a better choice.

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7. Tips for Finding Housing in Calgary

• Online Platforms: Use websites like RentFaster.ca, Kijiji, and PadMapper to search for both furnished and unfurnished rentals.
• Property Management Companies: Many companies in Calgary specialize in both types of rentals and can help you find a suitable option.
• Networking: Join local Facebook groups or community forums to find rental listings and connect with landlords.
• Timing: Start your search at least 1-2 months before your move, especially during peak seasons.

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Conclusion

Choosing between furnished and unfurnished housing in Calgary depends on your personal needs, budget, and plans. Furnished rentals offer convenience and flexibility, making them ideal for short-term stays or newcomers. Unfurnished rentals, on the other hand, are more affordable and customizable, making them better for long-term residents. Be sure to consider Calgary’s seasonal rental trends, neighborhood preferences, and lease terms when making your decision.