I have sold a property at 80 WOODBINE BLVD SW in Calgary.
Updated home on a great corner lot with a large double garage. Recent updates include: The kitchen and bathrooms, flooring , paint and fixtures. This home has a cool floor plan with the main level sporting the formal living room, eating area and functional kitchen. Take a few steps up to a massive master bedroom with deluxe en suite with a shower fit for a king and a walk in closet you won't typically find in this area. the 2nd bedroom up has a large walk in as well. The 3rd level is a great spot to just chill in front of the big screen and the 4th level has a flex room and 3rd bedroom. The home also features 2 fireplaces, west exposure, upper floor laundry and good storage. Make your appointment today!
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I have sold a property at 387 SHAWNESSY DR SW in Calgary.
Investor Alert!!!! This home is in need of a complete restoration. Former tenants destroyed the place and is priced WAY below market value. This is a short sale and is being sold AS IS! All offers are subject to bank approval and must be on our foreclosure contract with schedule A, Please email me for a copy. With some love this will be a great home. The open main level has soaring ceilings, a living and dining room combo and a functional kitchen leading to a cozy great room with corner fireplace. The upper floor has 2 generous bedrooms and a large master with full en suite. This property also features a double attached front garage and a single detached in the rear. Please don't call to ask why it's so low. It has been explained. I will not respond to any of those questions.
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Calgary Real Estate Market

 

 

As oil prices continue to drop across Canada, analysts are predicting an impact to Calgary’s resale house market in 2015 as a result. While there appears to be no stopping the rising house prices, there will certainly be a slowdown in the price growth in the New Year. 

 

House price increases have been attributed to the employment in the energy sector, one of Calgary’s primary source of jobs. In the fall of 2014, however, the housing market saw a shift from a seller’s market to a more balanced market, mostly due to a decrease in oil prices. The price adjustments will likely have an impact on the 2015 Real Estate market, and is anticipated to be less active as potential buyers wait to see if lower gas prices result in more favorable house prices.

 

Re/MAX expects the market to have sales go up by four percent from 2014 levels, with buyers looking to upgrade their housing to drive the market in 2015. Also, the low vacancy rate for rentals will have potential tenants look at purchasing sooner than they anticipated.

 

Recent reports said the average price of residential property in Calgary at 402,851 in 2011, 412,315 in 2012 and 456,000 in 2013. The house market was booming at the end of 2013 right up to the end of November, with the market very active and breaking records. Now, buyers can sense the heat is off and waiting to see possible deals in the marketplace.

 

According to CREB, there have been 25,011 MLS listings in Calgary, which is up 10.222% from the previous year. The average sale price has also risen by 5.83% to $483,303.

 

“What we have been expecting is that as we look at 2015 and lower gas prices, there’s going to be a lot of wait and see” said Ann-Marie Lurie, chief economist with CREB, although the board has not finalized its forecast for 2015."

 

Full-time employment in the energy sector could also create some stability in the housing market, although no gains are expected. The lower gas prices could see a fall in employment, which would also impact the house prices. 

 

Prices are expected to remain stable, with listings and sales pulling back a bit. Don Campbell, senior analyst with the Real Estate Investment Network, said Alberta’s Real Estate markets have historically been cyclical than those in the rest of the country.

 

“There is good news and not so good news in that history. Good news is that when there is dramatic change in oil prices, either up or down, Albertans usually do not over-react for the first six months… However when the price stays down for more than six months, nervousness begins to develop in the Real Estate market in customer confidence and retail sales…”

 

The Re/MAX report forecast the median sale price in Canada to go up by 2.5% to 416,300 in 2015 after a 6.2% hike in 2014 to $406,415.

 

I will continue to monitor Real Estate prices throughout Calgary and Canada, and will publish updates as soon as they come. For proven results and distinctive Real Estate services, give me a call.

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I have listed a new property at 80 WOODBINE BLVD SW in Calgary.
Updated home on a great corner lot with a large double garage. Recent updates include: The kitchen and bathrooms, flooring , paint and fixtures. This home has a cool floor plan with the main level sporting the formal living room, eating area and functional kitchen. Take a few steps up to a massive master bedroom with deluxe en suite with a shower fit for a king and a walk in closet you won't typically find in this area. the 2nd bedroom up has a large walk in as well. The 3rd level is a great spot to just chill in front of the big screen and the 4th level has a flex room and 3rd bedroom. The home also features 2 fireplaces, west exposure, upper floor laundry and good storage. Make your appointment today!
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Please visit our Open House at 27 SUNCASTLE BAY SE in Calgary.
Open House on Saturday, December 13, 2014 1:00 pm - 3:00 pm
Come home to a to a friendly game of street or ice hockey at this gorgeous lake access property! Park in your triple garage and kiss your wife in your one of a kind custom kitchen. This house was made for your growing family. Modern renovations include: flooring, paint, kitchen, all bathrooms, exterior paint, landscaping and the basement has been professionally reconstructed from scratch. This home offers 5 bedrooms with an amazing master suite with spa like en suite, heated floors and a massive walk in closet. The floor plan is open and very fictional. There are formal living and dining rooms and the massive kitchen leads to a cozy nook and you own oasis of a private back yard. The home is on a friendly, quiet street and is within walking distance of both school systems! Look at the rest at write your offer on the best!
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I have sold a property at 202 COVENTRY CLOSE NE in Calgary.
Awesome bungalow on a great street with a beautiful west back yard. The main floor features vaulted ceilings over a formal living and dining room leading to the kitchen and eating area. The master has a full en suite and the other 2 bedrooms provide ample space for the kids or home office. The lower level has a beautiful fireplace, rec and flex spaces and a load of storage. The attached garage is big enough for 2 full sized vehicles. Close to schools and all major access points, this home is sure to impress.
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