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I have sold a property at 1291 Berkley DRIVE NW in Calgary

I have sold a property at 1291 Berkley DRIVE NW in Calgary on Jun 11, 2024. See details here

Open house on Saturday 8 June 2 pm to 4.30 pm. Family home with 3 bedrooms, 3.5 bathrooms, double detached garage and few minutes walk to Nose Hill Park, make this a super location, plus shops, schools, & Beddington town center. Updates to this home include new window frames (70% have been replaced), newer furnace & hot water tank (replaced 3 years ago), & recently renovated (Bath fitters) bathroom. Hardwood flooring is prominent as you walk into this house with open plan with lots of natural light & vaulted ceiling. The lounge & dining rooms are a good size. Kitchen & nook is fully equipped with newer fridge and stove. Main floor has family room with working wood fireplace, tiled half bathroom and access to back yard. The second floor has master bedroom with ensuite bathroom & views of Nose Hill Park, plus two more bedrooms , & a 2nd bathroom. The basement is partially finished with large rec room and nicely finished 3-piece bathroom, plus laundry room. The backyard has a private area for sitting out having barbeque plus access to double detached garage that opens out on to finished asphalt back lane.

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New property listed in Beddington Heights, Calgary

I have listed a new property at 1291 Berkley DRIVE NW in Calgary. See details here

Open house on Saturday 8 June 2 pm to 4.30 pm. Family home with 3 bedrooms, 3.5 bathrooms, double detached garage and few minutes walk to Nose Hill Park, make this a super location, plus shops, schools, & Beddington town center. Updates to this home include new window frames (70% have been replaced), newer furnace & hot water tank (replaced 3 years ago), & recently renovated (Bath fitters) bathroom. Hardwood flooring is prominent as you walk into this house with open plan with lots of natural light & vaulted ceiling. The lounge & dining rooms are a good size. Kitchen & nook is fully equipped with newer fridge and stove. Main floor has family room with working wood fireplace, tiled half bathroom and access to back yard. The second floor has master bedroom with ensuite bathroom, plus two more bedrooms with views of Nose Hill Park, plus a 2nd bathroom. The basement is partially finished with large rec room and 3-piece bathroom, plus laundry room. The backyard has a private area for sitting out having barbeque plus access to double detached garage that opens out on to finished asphalt back lane.

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Open House. Open House on Saturday, June 8, 2024 2:00PM - 4:30PM

Please visit our Open House at 1291 Berkley DRIVE NW in Calgary. See details here

Open House on Saturday, June 8, 2024 2:00PM - 4:30PM

Open house on Saturday 8 June 2 pm to 4.30 pm. Family home with 3 bedrooms, 3.5 bathrooms, double detached garage and few minutes walk to Nose Hill Park, make this a super location, plus shops, schools, & Beddington town center. Updates to this home include new window frames (70% have been replaced), newer furnace & hot water tank (replaced 3 years ago), & recently renovated (Bath fitters) bathroom. Hardwood flooring is prominent as you walk into this house with open plan with lots of natural light & vaulted ceiling. The lounge & dining rooms are a good size. Kitchen & nook is fully equipped with newer fridge and stove. Main floor has family room with working wood fireplace, tiled half bathroom and access to back yard. The second floor has master bedroom with ensuite bathroom, plus two more bedrooms with views of Nose Hill Park, plus a 2nd bathroom. The basement is partially finished with large rec room and 3-piece bathroom, plus laundry room. The backyard has a private area for sitting out having barbeque plus access to double detached garage that opens out on to finished asphalt back lane.

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I have sold a property at 107 Sunset ROAD in Cochrane

I have sold a property at 107 Sunset ROAD in Cochrane on May 11, 2024. See details here

Welcome to your new home in the charming community of Sunset Ridge, Cochrane! With a total livable space of 1,777.5 square feet, this two-storey end-unit townhome offers a blend of modern elegance and comfortable living. Step through the inviting front porch and into the main level, where you'll be greeted by an open floor plan layout that effortlessly connects the kitchen, dining, and living areas. Prepare family meals in the kitchen, complete with sleek appliances, ample counter space, and stylish cabinets. The adjacent dining area is perfect for intimate dinners or casual gatherings with loved ones, while the living area provides a cozy retreat for relaxation and entertainment. A convenient 2pc bathroom completes this level, adding to the functionality and comfort of the home. Upstairs, you will discover two bedrooms and a 4pc bathroom. Relax in the primary bedroom which features a private 4pc ensuite bathroom. Descend to the finished basement, where you'll find an additional bedroom, perfect for guests or as a home office, along with a convenient 3pc bathroom. The spacious family room provides endless possibilities for recreation and relaxation, while a dedicated laundry room adds convenience to your daily routine. Enjoy your private backyard in the summer or customize it to a garage, depending on your preference and needs. Outside, the community of Sunset Ridge beckons with its scenic beauty, abundant green spaces, and family-friendly atmosphere. Enjoy easy access to major thoroughfares, schools, parks, playgrounds, walking trails, and local amenities, ensuring that there's always something to explore and enjoy just steps from your doorstep. Seize the opportunity to claim this exceptional townhome as your own and immerse yourself in the finest of Cochrane living. Arrange your viewing now and unlock the boundless potential that awaits you within this charming residence!

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I have sold a property at 3208 302 Skyview Ranch DRIVE NE in Calgary

I have sold a property at 3208 302 Skyview Ranch DRIVE NE in Calgary on Apr 12, 2024. See details here

Welcome to a 2 bedroom & 2 bathroom Condo in Skyview Ranch, ideally positioned within walking distance of shopping, restaurants, parks, and schools. Close to Stoney Trail, Deerfoot Trail, CrossIron Mills Mall & Calgary airport. Set foot into this welcoming second-floor condo, where the inviting ambiance and meticulous upkeep immediately captivate. As you enter, notice the pristine condition of this smoke-free and pet-free home, ensuring a fresh and allergen-free environment for all. To your right, the radiant, contemporary kitchen awaits, boasting stainless steel appliances and stunning quartz countertops—an oasis for culinary enthusiasts. The primary bedroom offers a serene escape with ample space, accompanied by his and her closets and a sumptuous 4-piece private ensuite. A second sizable bedroom awaits, along with another well-appointed 4-piece bathroom. Nestled between the bedrooms is the well designed living/dining area, featuring a convenient nook with a built-in computer desk—a versatile space for work or study. Step out onto the balcony, thoughtfully equipped with a gas hook-up for effortless outdoor grilling—eliminating the need for propane tanks. Included with the unit is underground heated parking and a storage unit, providing added convenience and security. Discover the abundance of local amenities at your fingertips, enhancing your lifestyle with ease and convenience. Schedule a viewing with your preferred agent today to experience the epitome of refined living! Condo fees encompass heating, water, sewage, insurance, reserve fund contributions, maintenance of common areas, and professional property management.

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New property listed in Skyview Ranch, Calgary

I have listed a new property at 3208 302 Skyview Ranch DRIVE NE in Calgary. See details here

Welcome to a 2 bedroom & 2 bathroom Condo in Skyview Ranch, ideally positioned within walking distance of shopping, restaurants, parks, and schools. Close to Stoney Trail, Deerfoot Trail, CrossIron Mills Mall & Calgary airport. Set foot into this welcoming second-floor condo, where the inviting ambiance and meticulous upkeep immediately captivate. As you enter, notice the pristine condition of this smoke-free and pet-free home, ensuring a fresh and allergen-free environment for all. To your right, the radiant, contemporary kitchen awaits, boasting stainless steel appliances and stunning quartz countertops—an oasis for culinary enthusiasts. The primary bedroom offers a serene escape with ample space, accompanied by his and her closets and a sumptuous 4-piece private ensuite. A second sizable bedroom awaits, along with another well-appointed 4-piece bathroom. Nestled between the bedrooms is the well designed living/dining area, featuring a convenient nook with a built-in computer desk—a versatile space for work or study. Step out onto the balcony, thoughtfully equipped with a gas hook-up for effortless outdoor grilling—eliminating the need for propane tanks. Included with the unit is underground heated parking and a storage unit, providing added convenience and security. Discover the abundance of local amenities at your fingertips, enhancing your lifestyle with ease and convenience. Schedule a viewing with your preferred agent today to experience the epitome of refined living! Condo fees encompass heating, water, sewage, insurance, reserve fund contributions, maintenance of common areas, and professional property management.

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Multiple Offers - What Buyers Need to Know!
Present market conditions in Calgary are causing many multiple offers coming in at the same time.
How do you handle this and purchase your property?
 
How can buyers win or lose out in multiple offers:
 
1) Cash is king! Cash buyers have a big advantage over mortgage buyers. 
So if you are up against a cash buyer who does not need finance condition, then the odds are not in your favour.
2) Mortgage Approval: Make sure you have your mortgage complete & approved by lender, before offer goes in.
3) Deposit: Make sure your deposit is ready & available. Sellers will not wait one week for deposit to arrive!
4) Conditions: such as finance/mortgage, inspection, condo document review. Very aggressive buyers will forgo these conditions. I am not suggesting that buyers do this.
But you have to understand why you can lose out in multiple bids.
5) Property price: If there are 5 multiple offers for example, the price becomes very competitive. 
The top buyer may go 10% or 15% above the list.
6) What is your price limit?
Think about making offers at your price limit? Does that make sense? 
Since you cannot compete above this amount.
If you have been approved for a house at $600,000 and this is your top limit. Look at houses for sale upto $580,000 or less.
7) Sold market data: Very important. Review sold market reports for the community & property style you are making an offer on. This will show how many properties are selling above list price with multiple offers! 
A good professional Realtor will give you this report so you can be informed.
8) Timing is everything so the buyer that "diddle daddles" and takes their time will lose out.
9) Documents: Make sure all your paperwork, ID photos/drivers licence etc is complete and given to your buyers Realtor ahead of time so the offer can be ready to go! Use Docusign for quick turn around for signing documents.
10) Market conditions: Buyers need to be educated on market conditions & you cannot always win on multiple offers. You have to move on and try again. Demand is higher than supply right now. It can be frustrating but persistence pays off. Choose a buyer's Realtor that works with you and makes you aware of market conditions.
 
 
 
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Calgary Benckmark Sold Price is up!
Thanks to strong migration levels, housing demand remained relatively strong, especially for affordable options in our market,” said CREB® Chief Economist Ann-Marie Lurie.
“At the same time, supply levels were low compared to the demand throughout the year, resulting in stronger than expected price growth.”
Inventory levels were persistently below long-term trends for the city throughout most of the year, averaging a 44 per cent decline over the 10-year average. We also saw the months of supply remain well below two months throughout most of the year across homes priced below $1 million mark.
The persistently tight conditions contributed to our city's new record high price.

*The above chart is for Benchmark Calgary sold price which is more accurate than the average sold price, & reflects the lastest month, Dec 2023 for most recent data, and compares to the previous Decembers. Since homes can vary widely in size and features, a simple average price is often not meaningful. Instead, CREB® Chief Economist Ann-Marie Lurie calculates benchmark prices using recent sales data for homes with specific features typical of a given neighbourhood.
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Calgary Detached Homes sold above list price in October 2023

The Calgary housing market is still busy in October 2023. Detached homes are selling at or above list price. Many are muitiple offers. Demand is due in part to low inventory, not enough homes on the market. Sold prices are rising and muitple offers are helping to push up prices. 


PLANNING TO BUY PROPERTY IN CALGARY?
CHECK OUT: HTTPS://SEARCHCALGARYHOMES.CA/

 

PLANNING TO SELL PROPERTY IN CALGARY?
CHECK OUT: HTTPS://SEARCHCALGARYHOMES.CA/HOME-EVALUATION.HTML

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Calgary Average Sold Price -1st October 2023

Calgary home sales at record highs!

City of Calgary, October 3, 2023 - Sales reached another record high inSeptember with 2,441 sales. Despite the year-over-year gains reported over the past four months, year-to-date sales are  still nearly 12 per cent lower than last year's levels. New listings also improved this month compared to last year and relative to sales. This caused the sales-to-new listings ratio to fall to 76 per cent, preventing further monthly declines in inventory levels.
Nonetheless, inventory levels in September remained over 24 per cent lower than levels seen last year and, when measured relative to sales activity, has not changed enough to cause any significant shift in supply and demand balances. As of October, the months of supply has remained relatively low at less than two months.
“Supply has been a challenge in our market as strong inter-provincial migration has elevated housing demand despite higher lending rates,” said CREB® Chief Economist Ann-Marie Lurie. “While new listings are improving, it has not been enough to take us out of sellers’ market conditions.”
As of 1st October 2023, the unadjusted residential (for all types of residential) benchmark price was $570,300, similar to last month and nearly nine per cent higher than last year.

Planning to buy property in Calgary?
Check out: https://searchcalgaryhomes.ca/

Planning to sell property in Calgary?
Check out: https://searchcalgaryhomes.ca/home-evaluation.html



Chart shows average sold price 1st Jan 2023 to 1st October 2023.

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How do we solve the rental market in Calgary & Canada?

The federal and provincial governments are trying to increase low-cost house rental builds. Which is good but takes years to implement. But what can we do right now? How do we increase rental inventory so rents stabilize, and Canadians (and newcomers) can easy find and rent a place to live. Its not as difficult to do as everyone is making out.

Ways to stabilize Canadian rental market, increase inventory and allow people to find a place to rent that they can afford:

1) Federal government to remove rental income for families with a principal residence that want to rent out part of their house/property. In other words, the income is not taxed. This would increase dramatically the rental units available in each city. 

2) Federal and provincial governments to provide grants (say $15,000) to assist with converting rental suits (in principal residence) to legal suits.

3) For the small landlord reduce rental income tax. This would increase dramatically the rental units available in each city. And provide grants to convert properties into legal rental units.


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Calgary Luxury Home with Golf Course! $13,950,000
Listed at : $13,950,000. One of the most prestigious residential luxury properties in Alberta right now, with a golf course. Just 25 minutes to downtown Calgary. With 19.2 acres of land in Bearspaw. Very close to city limits with good access to the airport, etc. Just 10 min drive from Watermark.
An ideal investment for the right buyer. Listed by CIR Realty. Call Geoff Antrum at 403 608 5682, REALTOR® at CIR Realty, who lives in Watermark for an appointment, or have questions. (ps buyers have to be qualified for a purchase of this size)
https://searchcalgaryhomes.ca/.../listing.a2051257-24314...
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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.