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The ‘Too Good To Be True’ Listings in Calgary — Here’s How to Spot Them

The ‘Too Good To Be True’ Listings in Calgary — Here’s How to Spot Them

If you’ve spent any time browsing Calgary real estate listings, you’ve probably had this thought:

“How is this still available?”

The price looks amazing.
The photos look great.
The description sounds promising.

And while sometimes it really is a good opportunity…
other times, “too good to be true” means something important isn’t being said.

The goal isn’t to scare buyers away from good deals — it’s to help you spot the difference between a smart opportunity and a potential headache, before you get emotionally invested.

Here’s how to read between the lines.


1. The Price Doesn’t Match the Neighbourhood

Pricing is one of the biggest clues.

If a home is listed significantly below similar properties in the same area, ask why.
Calgary’s market is well-informed — homes aren’t usually underpriced by accident.

Possible explanations include:

  • Condition issues

  • Location factors (busy road, backing something undesirable)

  • Lease land or special zoning

  • Condo or HOA complications

  • Upcoming assessments or known issues

Low price alone isn’t bad — but it should always come with context.


2. The Photos Feel… Selective

Photos tell a story — and sometimes what’s missing matters more than what’s shown.

Red flags to watch for:

  • Very wide angles that distort room size

  • Certain rooms not shown at all

  • Exterior photos that avoid specific sides of the property

  • Minimal photos overall

Professional photography is great — but it can’t hide everything.
If something feels intentionally avoided, make note of it.


3. The Description Uses Buzzwords Instead of Details

Words like “cozy,” “charming,” “unique,” or “handyman’s dream” aren’t automatically bad — but they shouldn’t replace actual information.

Be cautious if the listing:

  • Avoids square footage

  • Doesn’t mention age of major systems

  • Skips layout details

  • Glosses over renovations without specifics

Clear listings explain why a home is a good value — not just that it is.


4. Important Information Is Missing

Sometimes what’s not in the listing is the biggest clue.

Things that should raise questions if they’re not mentioned:

  • Condo fees or what they include

  • Lease land vs freehold

  • Age of roof, furnace, or windows

  • Basement development details

  • Zoning or use restrictions

This doesn’t mean something is wrong — but it does mean you should ask before assuming.


5. The Listing Has a History

Pay attention to how long the property has been around.

A listing that:

  • Keeps reappearing

  • Has fallen out of contract before

  • Has frequent price changes

  • Has been relisted with minimal updates

…may be signalling unresolved concerns rather than lack of interest.

This doesn’t rule it out — but it does mean extra due diligence is important.


6. The Deal Sounds Urgent — But Vague

Phrases like:

  • “Bring all offers”

  • “Motivated seller”

  • “Priced to sell fast”

can be completely legitimate — or they can be used to create urgency without clarity.

Good opportunities hold up to questions.
Pressure without information is where buyers need to slow down.


So… Are ‘Too Good To Be True’ Listings Always Bad?

No — and this is important.

Some homes are:

  • Priced well to attract attention

  • Overlooked for simple reasons

  • Great opportunities for the right buyer

The key is understanding why the price, presentation, or timing looks the way it does.

Smart buyers don’t avoid deals —
they just ask better questions.


Frequently Asked Questions

Does low price always mean something is wrong?

No. But it should always come with an explanation you understand and are comfortable with.

Should I avoid listings with fewer photos?

Not necessarily — but you should expect to dig deeper and ask more questions.

Can a good agent spot these issues quickly?

Yes. Experience matters when interpreting listing language, pricing strategy, and market context.


Related Reading


Conclusion

“Too good to be true” doesn’t always mean bad
but it does mean slow down and look closer.

The best buyers aren’t the fastest or the most aggressive.
They’re the ones who understand the story behind the listing.

If you want a simple checklist to help you spot potential red flags before you book a showing or fall in love with a listing,

📩 DM me “SPOT”
and I’ll send you my Buyer Listing Red Flag Checklist.

Smart questions lead to better decisions — and better outcomes.


About Kristen Edmunds

Kristen Edmunds is a Calgary-area REALTOR® and Associate Broker with KIC Realty, specializing in acreages, luxury homes, and smart buy/sell strategies. With expertise in rural properties (water wells, septic, equestrian facilities) and a client-obsessed approach, Kristen helps buyers and sellers achieve their real estate goals with confidence and ease.


Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.