I have sold a property at 106 TUSCARORA PLACE NW in Calgary.
Welcome home to this fabulous walkout bungalow with view of the Rockies and perfectly situated in the sought after family community of Tuscany! Lovingly cared for since 2003, this home offers 2 large bedrooms up + 2 additional bedrooms down c/w an illegal suite offering the new owners fabulous income from either up, down or both! Basement is vacant & the single tenant upstairs is lovely and would like to stay if possible. Just a few of the many special features of this home include: Beautiful mountain view – Large corner lot offering lots of parking – over 4,000 invested in the fabulous new vinyl fence – Large deck taking in the views to the West – Large bedrooms x 4 – Bright white Kitchen up and a beautiful maple Kitchen down – Low maintenance exterior – Sandstone landscaping – 2 separate Laundry Rooms – Keyless entry both up and down - Tot Lot right across the street – Bike paths – Walk to the many amenities in Tuscany – Walk to the C-Train – Fantastic neighbors and much more. Call today to book your private viewing! NOTE: Listing Realtor is the president of TouCan Realty Inc of which owns and is selling this property.
Read full post

I have sold a property at 164 CITADEL MANOR NW in Calgary.
Beautifully updated WALKOUT BUNGALOW features MOUNTAIN VIEWS, quiet Cul-de-Sac location on HUGE WEST facing pie lot that backs onto GREEN SPACE & playground. This home truly has it all; 4 bdrms, 3 full baths, lg principal rooms with vaulted ceilings, hardwood floors, formal dining, spectacular upper & lower exterior decks for seamless indoor/outdoor entertaining, HEATED garage, Central AC & Vacuum. The kitchen is bright & open flaunting stainless appliances, new dishwasher, granite counters, raised eating bar, corner pantry, breakfast nook & MOUNTAIN VIEWS! Generous Master easily fits a King bdrm set & offers a Spa-like en-suite with newer jetted tub & separate shower. Fully developed basement includes a giant Rec Room anchored by a cozy GAS fireplace, new laminate flooring, games area, 2nd kitchen/wet bar, 4th bdrm, full bath, HE laundry & endless storage. Roof & sky light (est. 2012). Short walk to Citadel Park Elementary, close to all amenities. GREAT VALUE!!
Read full post

I have sold a property at 78D 231 HERITAGE DRIVE SE in Calgary.
Welcome home to this gorgeous 1,126 sq. ft., 3 bedroom, penthouse condo perfectly located on the South end of this well managed development (far from Heritage Drive) ensuring the peace and quiet you deserve! Tastefully updated, you’re going to love the contemporary finishings!  A few of the many special features of this home include a beautiful gourmet kitchen – spacious living room – a huge balcony overlooking a quiet residential community – 3 large bedrooms including a master bedroom with ensuite – beautiful 4 piece bath – elegant laminate flooring throughout c/w tile in the entry + both bathrooms! – Fabulous court-yard in the middle of the complex which offers a quiet retreat – The South exposure brings in loads of light throughout the day and the concrete construction ensures very little noise within the building – walking distance to all amenities & public transit, quick access to all major routes and a short commute to down town! Call today to book your private viewing of this special home!
Read full post

I have listed a new property at 106 TUSCARORA PLACE NW in Calgary.
Welcome home to this fabulous walkout bungalow with view of the Rockies and perfectly situated in the sought after family community of Tuscany! Lovingly cared for since 2003, this home offers 2 large bedrooms up + 2 additional bedrooms down c/w an illegal suite offering the new owners fabulous income from either up, down or both! Basement is vacant & the single tenant upstairs is lovely and would like to stay if possible. Just a few of the many special features of this home include: Beautiful mountain view – Large corner lot offering lots of parking – over 4,000 invested in the fabulous new vinyl fence – Large deck taking in the views to the West – Large bedrooms x 4 – Bright white Kitchen up and a beautiful maple Kitchen down – Low maintenance exterior – Sandstone landscaping – 2 separate Laundry Rooms – Keyless entry both up and down - Tot Lot right across the street – Bike paths – Walk to the many amenities in Tuscany – Walk to the C-Train – Fantastic neighbors and much more. Call today to book your private viewing! NOTE: Listing Realtor is the president of TouCan Realty Inc of which owns and is selling this property.
Read full post

I have listed a new property at 2025 42 AVENUE SW in Calgary.
Welcome to this gorgeous 2 story home perfectly located within the sought-after community of Altadore within walking distance to most amenities! Boasting 110% pride of ownership throughout there is nothing to do here but move in and enjoy this remarkable home! Just a few of the many special features include: Fabulous curb appeal c/w elegant rock and wood accents – Exquisite decor throughout this very contemporary home with very high ceilings making the home spacious and welcoming – Incredible Kitchen c/w Euro-Island and loads of cupboard and counter space + counter-top gas range, built-in oven and microwave + adjacent butler bar w additional sink & wine fridge – Spacious Living Room c/w coffered ceiling, cozy gas fireplace and huge windows overlooking the backyard retreat – Large dining area perfect for entertaining - Floor to ceiling windows letting in loads of light – Beautiful hardwood floors on the main floor – Built-in speakers throughout the home – 8 foot doors. Upstairs you’ll appreciate the amazing master bdrm c/w refreshment bar & 5-piece spa-like ensuite. Shower is roughed in for future steam. 2 additional spacious bdrms up & a shared 4 piece bath as well as custom built-in study area & upper-floor laundry – spectacular basement development c/w Media Room / Rec Room + beautiful wet-bar, 4th bedroom, gorgeous 3-piece bathroom, plenty of storage AND in-floor heating! The backyard is a lovely outdoor retreat with quick access to the very spacious 2 car garage c/w drywall & insulation – Underground sprinkler system. This home is loaded with far too many upgrades to possibly mention here. You must view this home to fully appreciate its remarkable features. Book your private viewing today with your favorite Realtor!
Read full post

I have listed a new property at 78D 231 HERITAGE DR SE in Calgary.
Welcome home to this gorgeous 1,126 sq. ft., 3 bedroom, penthouse condo perfectly located on the South end of this well managed development (far from Heritage Drive) ensuring the peace and quiet you deserve! Tastefully updated, you’re going to love the contemporary finishings!  A few of the many special features of this home include a beautiful gourmet kitchen – spacious living room – a huge balcony overlooking a quiet residential community – 3 large bedrooms including a master bedroom with ensuite – beautiful 4 piece bath – elegant laminate flooring throughout c/w tile in the entry + both bathrooms! – Fabulous court-yard in the middle of the complex which offers a quiet retreat – The South exposure brings in loads of light throughout the day and the concrete construction ensures very little noise within the building – walking distance to all amenities & public transit, quick access to all major routes and a short commute to down town! Call today to book your private viewing of this special home!
Read full post

The future of Calgary’s Real Estate Market (the meat and potatoes). 


If you are like me, you like to push all the fluff to the side & get straight to the point.  Although the statistical nerd in me also likes to dive into stats which can be a long and winding road taking forever to get to your destination.  So in an effort to save you loads of time, I’m going to venture to extract from the many forecasts and stats I’ve read and offer you a bulleted list of deets which will give you good insight into where our Calgary Real Estate Market is heading in the next few years.  At the end I’ll include the various sources.

Here we go:


Covid and the Real Estate Market


→ Reductions in employment were evident before Covid.

             20K jobs lost in Feb
             40K jobs lost in March
             Immediate impact was very significant
             Professional & scientific sectors reflected the oil industry in job loses


→ Sales in April dropped 63% compared to April of 2019
             Listings also dropped at the same time which helped curtail over-inflated inventories
             Months of supply did push up to 10 months

             Benchmark price declined by 1.56% in April compared to April of 2019


→ Sales in May dropped 43% compared to May of 2019
             Listings also dropped 29%
             Months of supply retracted back to 5.4 months
             Benchmark price declined by 2.67% in May compared to May of 2019


→ Differentials seen btw average and median points out variances of impact in different sectors although the        benchmark is better when looking at the over-all market and long-term trends.
→ Most sales are occurring in lower price ranges
→ Higher price range absorption rates have increased substantially
→ Far steeper price declines in the higher range rather than the lower ranges
→ Deepest recession in AB history expected
→ RBC states Canada economy will retract by 8% and AB will have the greatest impact due to Covid & Energy
→ We still haven’t recovered from the 2015 recession.  Argh!


How does this compare to past recessions?


→ 80s:
             High interest rates
             Another recession happened in 1986 due to decline in oil prices
             Decreased migration levels due to job losses
             50K jobs lost with a provincial population of about 2 million
             1981 to 1985 average price dropped 22% with a slow decline of 3% in the first year with gradual increases per year. 

             Prices didn’t recover until 1989

             NOTE:  price decline trends take time to get traction and tend to take a long time to recover. 


→ 2008 Financial crisis:
             Huge impact but strong / quick rebound
             Decreased migration levels but far lower than the 80’s
             28K jobs lost so unemployment rates not as high as the 80s
             Prices declined btw 2007 and 2009 by 4.6% prices recovered in 2012. 


→ 2015:

             37K jobs lost with unemployment rates up over 8%
             The jobs replaced were not in the energy sector.  Most in the government, education, healthcare sectors
             Prices declined from 2014 to 2019 by 5.8% and still have not recovered. 


Now and moving forward:


→ Some of the programs that the Government put in place will help moving forward
→ This recession will take much longer to recover than past recessions
→ Bank of Canada has responded with Prime Lending Rate of 0.25%
→ Migration levels should be relatively stable in 2020 with some rebound in 2021.  Most migration is international, not inter-provincial.
→ 250K job losses expected with unemployment rates highest in recorded history
→ Job growth will rise in 2021 but unemployment rates in 2021 expected to be in the double digits
→ This recession is expected to persist for several years due to a delayed recovery in the energy sector.
→ Sales activity in the 2nd quarter expected to drop by 50%  but pick up in the 3rd quarter
→ As social distancing measures ease, this drop will level off but will still remain low
→ Price declines expected in 2020 by 3% Benchmark price city wide with higher drops in the higher price ranges.
→ Further price declines expected in 2021.


Energy:


→ Prices expected to remain low for several years
→ Western Canadian Select prices are in negative territory for several months
→ WTI will likely not recover for the next 2 years or more.
→ As Social distancing measures ease, demand for oil will increase
→ Storage is full so it will take time to absorb current supplies
→ Energy job losses will persist
→ Federal Government financial programs are not focused to assist the energy sector
→ Energy reflects 42% of our GDP and 25% of our work force
→ GDP is expected to drop 6% in 2020
→ 9% drop in employment in the energy sector
→ All other sectors of GDP expect to see declines with the exception of healthcare and education
→ Employment decline of 6% with no improvement until 2022. 


Risks:


→ Energy sector will cont. to struggle
→ 2nd wave of Covid?
→ How many companies will survive?
→ If jobs do not return in 2021, mortgage defaults will increase putting downward pressure on prices due to low precedents set within each sector. 
→ Can large companies like airlines survive through this?  If so, inflation may occur due to limited competition


Good news:


→ Government programs to ease the pain ie deferred mortgage payments (for now)
→ Potentially lower mortgage rates
→ Real Estate has been and will continue to be an essential service.
→ Governments (internationally) are willing to take on whatever debt is necessary to get through this difficult time. 
→ New Home Builders have not scaled back (yet) on starts.  Covid will ultimately affect their starts due to downward pressure on prices.  If not, there will be an over-supply for new homes which will ultimately lower prices. 
→ Mortgage Rates remain low.  Although the relationship between the Bank of Canada rate and Mortgage rates is not cohesive.  Mortgage rates may not see decreases that correlate with the BOC rate. 


What to pay attention to moving forward?


→ The first indicators of a recovering economy are:– Employment Market, Job numbers & Unemployment Rates. 
→ Easement on the financial stress-test for buyers to stimulate affordability – If the markets in Vancouver and TO begin to recover, then likely no change to the current stress test parameters.  Unfortunately, TO and Vancouver markets are not as impacted as the AB markets.  The Bank of Canada wants to ensure the Banks have enough liquidity.
→ The Political environment:  Ottawa doesn’t have a lot of interest in boosting the energy sector in AB & not a lot of international investment into AB for energy as well.  As far as diversification, there is nothing on the horizon to replace the 30% of AB’s GDP in energy.  Pending on the US’s response to international energy market, the US may engage in importing Canadian oil South to the US at significantly discounted rates rather than the US introducing US oil to the international markets causing international tension. 
→ US election:  If the Democrats get elected, any oil moving South will come to a hault. 


Figures 7 to 12 below indicate that the outlooks for housing indicators in Alberta and Saskatchewan are more heavily weighted to the downside compared with other provinces with no anticipated recoveries to current levels until sometime in 2023. For the complete CMHC report click here



Those of you who know me know that I tend to be overly optimistic and try to see the silver lining in all circumstances.  Although I want to be more optimistic about the next 2 years of Calgary’s / Alberta’s Real Estate Market.  With the facts / insights given above from people much smarter than me, it would be misleading of me to be overly optimistic at this point.  Times are tough at the moment, and it doesn’t appear to be getting better any time soon.  But, Albertans are resilient and we always find a way to not just survive, but thrive by our strong work ethic, entrepreneurial spirit and determination! 


Conclusion:


Given that we’re in 2020, our vision for the future is far from perfect.  With that said, we need to make the best decisions we can based upon our current circumstances and the factual information we have before us. There are so many variables that will affect the best time for our clients to either buy or sell.  Each of you have entirely different circumstances that need to be taken into consideration separately.  For consultation specific to your circumstances, give us a call, we are always happy to chat with you!


At RealPros we view part of our role as educators; providing our clients with excellent information to help them make good educated decisions.  


I trust the above information gives you a good insight into Calgary's market. If you have any questions, please don't hesitate to contact us anytime. 


Keith Braun
RealPros Real Estate Consultants

Purpose Realty
Office: 403-547-1222

Toll Free: 1-855-547-1222

www.RealPros.ca
GOING THE EXTRA MILE!




Sources:  Calgary Real Estate Board - Canadian Mortgage & Housing – Canadian Real Estate Associations – Alberta Treasury Branch – Calgary Herald – Mortgage Sand Box



Read full post

After a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.


The economic impact is starting to be felt across many industries. This includes the housing market.

March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This had a heavy impact on businesses and employment.

“This is an unprecedented time with a significant amount of uncertainty coming from both the wide impact of the pandemic and dramatic shift in the energy sector. It is not a surprise to see these concerns also weigh on the housing market,” said CREB® chief economist Ann-Marie Lurie.


By the end of March, sales activity had fallen 11 per cent compared to last year. This is 37 per cent lower than long-term averages. The drop in sales pushed March levels to the lowest recorded since 1995.

“The impact on the housing market will likely persist over the next several quarters,” said Lurie. “However, measures put in place by the government to help support homeowners through this time of job and income loss will help prevent more significant impacts in the housing market.”


New listings dropped by 19 per cent this month. This decline in new listings compared to sales caused supply levels to ease and helped prevent a larger increase in oversupply. Overall, the months of supply remain just below five months, similar to levels recorded last year.


Prices were already forecasted to ease this year due to oversupply in our market. In March, the citywide benchmark price was $417,400. This is nearly one per cent lower than last year’s levels. The reduction in both sales and new listings should help prevent significant price declines in our market.


However, price declines will likely be higher than originally expected due to the combined impact of the pandemic and energy sector crisis.


HOUSING MARKET FACTS


Detached

  • Detached sales eased by 15 per cent this month, driven by pullbacks in all districts except the North, which remained flat compared to last year.
  • The decline in sales was met with a larger decline in new listings, causing inventories to fall by 17 per cent and keeping the months of supply slightly lower than last year’s levels.
  • Detached benchmark prices have remained relatively unchanged compared to last year at $480,800. Price declines this month continue to be the highest for the City Centre, North East and West districts.

Apartment

  • With 217 citywide apartment sales in March, this was the only category to record a year-over-year gain. Much of the gain was due to improving sales in the South, South East and North West districts.
  • New listings this month did ease, helping support a small decline in inventory levels.
  • Persistent oversupply has resulted in continued downward pressure on prices. In March, the citywide benchmark price eased by more than two per cent compared to last year for a total of $243,700.

Attached

  • Both semi-detached and row sales declined this month compared to last year. Like the other property types, there was also a significant reduction in new listings.
  • The decline in new listings helped push down inventory levels for both property types, but it was not enough to prevent a rise in the months of supply.
  • However, this segment was oversupplied prior to the recent changes, impacting prices. As of March, prices remained nearly one per cent lower than last year’s levels for both semi-detached and row properties.

REGIONAL MARKET FACTS


Airdrie

  • Like many other areas, Airdrie saw a decline in sales activity, along with a reduction in new listings and inventory. The reductions in supply and demand helped prevent any significant changes to the months of supply.
  • While the full impact of the COVID-19 crisis has not yet played out in the housing market, March prices remained comparable to last year’s levels.

Cochrane

  • Both sales and new listings fell this month compared to last year, causing inventories to fall to the lowest levels in five years. Like many other markets, Cochrane remains oversupplied, with easing prices.
  • The March benchmark price was $398,700. This is nearly two per cent lower than the previous year.

Okotoks

  • Trends changed this month, with flat sales and a decline in new listings. The decline in new listings was enough to cause a significant reduction in supply levels and the months of supply fell below five months.
  • Prices are trending down on a monthly basis, but remain comparable to last year’s levels, with a March benchmark price of $405,000.


Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.


RealPros is here to help you navigate through these uncertain times.


Contact us anytime with your Real Estate questions or needs.  


Stay Healthy.  


Keith Braun
RealPros Real Estate Consultants

Purpose Realty
Office: 403-547-1222

Toll Free: 1-855-547-1222

www.RealPros.ca
GOING THE EXTRA MILE!

Read full post

The Government of Alberta has deemed real estate agent services, and services that provide access to credit, stocks or other forms of liquidity or finance to individuals, groups or businesses to be essential services. This exempts licensed real estate and mortgage professionals from restrictions during the COVID-19 outbreak, as long as they follow all public health guidelines, including physical distancing measures.

Below is a message from the Real Estate Council of AB:

“RECA’s mandate is first and foremost to protect the public, and it remains our highest priority,” said Duane Monea, Administrator of the Real Estate Council of Alberta. “By being deemed an essential service, real estate and mortgage professionals have been given a great responsibility in assisting Albertans during this crisis. I am confident the industry will meet the challenge, and adapt their business practices in order to protect the health and safety of the public.”

Firstly, professionals must ensure they explain to their clients the impacts of COVID-19 in their real estate or mortgage transaction, and discuss all options together with their advantages and disadvantages, so their clients can make informed decisions. Professionals can be a reliable source of information on minimizing any health risks involved in trading in real estate or dealing in mortgages at this time. Professionals should point clients to RECA’s COVID-19 for Real Estate Consumers website.

Secondly, professionals must also assess their own risk, and remain vigilant to their own health, the health of their clients, and the health of their colleagues. They must take steps to minimize their health risks and stop the spread of COVID-19.

We are here for you....

We are committed to the above and more to continue to serve our clients well throughout this unsettling time.  It seems that there are updates hourly on how this pandemic is affecting the management of Real Estate transactions.  We will continue to implement whatever is necessary to continue to meet the needs of our clients.  

Although the market has slowed during this crisis, homes are still being listed, shown and sold.   346 new listings entered the market and 222 have sold in the past 7 days.   We just sold a home in West Hillhurst with multiple offers for full-list price!    

If you (or someone you know) have any Real Estate needs in the weeks / months to come, we can help you navigate through the process safely.  

Contact us anytime with your questions or needs,

Keith Braun
RealPros Real Estate Consultants
Purpose Realty
Office: 403-547-1222
Toll Free: 1-855-547-1222
www.RealPros.ca
GOING THE EXTRA MILE!
Read full post

I have sold a property at 2002 7 AV NW in Calgary.
NOTE: Under Contract until March 25th. You're welcome to still view the home! It is our privilege to market this fabulous 2 Story home perfectly located in the sought after community of West Hillhurst c/w a fabulous view of Downtown! You will LOVE the lifestyle that this location offers including walking distance to downtown, the extensive Bow River path system, trendy Kensington, SAIT, North Hill Mall, plus a plethora of public parks including a dog park close by as well as many amenities. This home has been extensively renovated with contemporary touches throughout, boasting 110% pride of ownership! Just a few of the many special features include: New windows flooding the home with loads of sun – beautiful hardwood flooring on the main – large Living Room / retreat area, an immaculate Kitchen overlooking the huge Dining Room complimented with an intimate wood burning fireplace. Upstairs includes 2 large bedrooms + Den / Flex Room and a beautiful 4 piece bath. (see additional remarks) Your bsmt is fully finished with 2 additional bedrooms, laundry room + an additional 4 piece bath. Call us today for your private viewing of this remarkable home!
Read full post

I have listed a new property at 2002 7 AV NW in Calgary.
It is our privilege to market this fabulous 2 Story home perfectly located in the sought after community of West Hillhurst c/w a fabulous view of Downtown! You will LOVE the lifestyle that this location offers including walking distance to downtown, the extensive Bow River path system, trendy Kensington, SAIT, North Hill Mall, plus a plethora of public parks including a dog park close by as well as many amenities. This home has been extensively renovated with contemporary touches throughout, boasting 110% pride of ownership! Just a few of the many special features include: New windows flooding the home with loads of sun – beautiful hardwood flooring on the main – large Living Room / retreat area, an immaculate Kitchen overlooking the huge Dining Room complimented with an intimate wood burning fireplace. Upstairs includes 2 large bedrooms + Den / Flex Room and a beautiful 4 piece bath. Your bsmt is fully finished with 2 additional bedrooms, laundry room + an additional 4 piece bath. Call us today for your private viewing of this remarkable home!
Read full post

I have listed a new property at 2002 7 AV NW in Calgary.
It is our privilege to market this fabulous 2 Story home perfectly located in the sought after community of West Hillhurst c/w a fabulous view of Downtown! You will LOVE the lifestyle that this location offers including walking distance to downtown, the extensive Bow River path system, trendy Kensington, SAIT, North Hill Mall, plus a plethora of public parks and amenities. This home has been extensively renovated with contemporary touches throughout, boasting 110% pride of ownership! Just a few of the many special features include: New windows flooding the home with loads of sun – beautiful hardwood flooring on the main – large Living Room / retreat area, an immaculate Kitchen overlooking the huge Dining Room complimented with an intimate wood burning fireplace. Upstairs includes 2 large bedrooms + Den / Flex Room and a beautiful 4 piece bath. Your bsmt is fully finished with 2 additional bedrooms, laundry room + an additional 4 piece bath. Call us today for your private viewing of this remarkable home!
Read full post

I have listed a new property at 2025 42 AV SW in Calgary.
Welcome to this gorgeous 2 story home perfectly located within the sought-after community of Altadore within walking distance to most amenities! Boasting 110% pride of ownership throughout there is nothing to do here but move in and enjoy this remarkable home! Just a few of the many special features include: Fabulous curb appeal c/w elegant rock and wood accents – Exquisite decor throughout this very contemporary home with very high ceilings making the home spacious and welcoming – Incredible Kitchen c/w Euro-Island and loads of cupboard and counter space + counter-top gas range, built-in oven and microwave + adjacent butler bar w additional sink & wine fridge – Spacious Living Room c/w coffered ceiling, cozy gas fireplace and huge windows overlooking the backyard retreat – Large dining area perfect for entertaining - Floor to ceiling windows letting in loads of light – Beautiful hardwood floors on the main floor – Built-in speakers throughout the home – 8 foot doors (see additional comments) Upstairs you’ll appreciate the amazing master bdrm c/w refreshment bar & 5-piece spa-like ensuite. Shower is roughed in for future steam. 2 additional spacious bdrms up & a shared 4 piece bath as well as custom built-in study area & upper-floor laundry – spectacular basement development c/w Media Room / Rec Room + beautiful wet-bar, 4th bedroom, gorgeous 3-piece bathroom and plenty of storage AND in-floor heating! The backyard is a lovely outdoor retreat with quick access to the very spacious 2 car garage c/w drywall & insulation – Under-ground sprinkler system This home is loaded with far too many upgrades to possibly mention here. You must view this home to fully appreciate its remarkable features. Book your private viewing today with your favorite Realtor!
Read full post

I have listed a new property at 2025 42 AV SW in Calgary.
Welcome to this gorgeous 2 story home perfectly located within the sought-after community of Altadore within walking distance to most amenities! Boasting 110% pride of ownership throughout there is nothing to do here but move in and enjoy this remarkable home! Just a few of the many special features include: Fabulous curb appeal c/w elegant rock and wood accents – Exquisite decor throughout this very contemporary home with very high ceilings making the home spacious and welcoming – Incredible Kitchen c/w Euro-Island and loads of cupboard and counter space + counter-top gas range, built-in oven and microwave + adjacent butler bar w additional sink & wine fridge – Spacious Living Room c/w coffered ceiling, cozy gas fireplace and huge windows overlooking the backyard retreat – Large dining area perfect for entertaining - Floor to ceiling windows letting in loads of light – Beautiful hardwood floors on the main floor – Built-in speakers throughout the home – 8 foot doors (see additional comments) Upstairs you’ll appreciate the amazing master bdrm c/w refreshment bar & 5-piece spa-like ensuite. Shower is roughed in for future steam. 2 additional spacious bdrms up & a shared 4 piece bath as well as custom built-in study area & upper-floor laundry – spectacular basement development c/w Media Room / Rec Room + beautiful wet-bar, 4th bedroom, gorgeous 3-piece bathroom and plenty of storage AND in-floor heating! The backyard is a lovely outdoor retreat with quick access to the very spacious 2 car garage c/w drywall & insulation – Under-ground sprinkler system This home is loaded with far too many upgrades to possibly mention here. You must view this home to fully appreciate its remarkable features. Book your private viewing today with your favorite Realtor!
Read full post

I have listed a new property at 1114 36 ST SE in Calgary.
Fantastic investment opportunity for a solid 941 sq. ft Bungalow situated on an large R-C2 lot c/w separate entrance to basement with 2 bedrooms / 1 bath / shared laundry & a brand new kitchen installed c/w beautiful laminate flooring! The main floor is in great shape and has been entirely repainted! The back yard is very spacious c/w large garden, patio, mature trees, single detached garage with plenty of room for a larger garage. Close proximity to public transportation and all amenities, this home is perfect for the future property owner that would appreciate the income from the basement suite or for a savvy investor looking for properties to add to their Real Estate portfolio! Please Note: The listing Realtor is the Executor of the Estate and also a beneficiary of the Estate. Private parking at the back of the home.
Read full post

I have listed a new property at 7 WESTPOINT PL SW in Calgary.
Welcome to this gorgeous 2 story home perfectly located within Westsprings on a quiet cul-de-sac boasting 100% pride of ownership c/w over 60,000 in improvements! Just a few of the many special features include: Beautiful curb appeal with exquisite rock work – Huge 3 car heated garage c/w plenty of storage – Grand entry with souring vaulted ceiling and curved staircase – Amazing master bdrm c/w spa-like ensuite – 2 additional bdrms up c/w jack & Jill bathroom – Spectacular Bonus Room – Incredible Kitchen c/w Euro-Island and loads of cupboard and counter space – Spacious Living Room – Floor to ceiling windows letting in loads of light – Formal main-floor den c/w fireplace – Formal main-floor Dining Room – Fabulous West facing backyard c/w large deck, mature landscaping, hot-tub, children’s play set – Elegant custom accents throughout the home – Spectacular basement development c/w Media Room / Rec Room + beautiful bar 2 additional bedrooms / 3 flex rooms, a beautiful bathroom + plenty of storage! The home improvements are: Master Ensuite = 40,000 – Central A/C (2017) = 8,000 – Landscaping = 6,000 – Drywall and paint garage = 3,000 – Garage heater = 3,400 – Shelving in Furnace Room = 1,500 – Garage custom cabintry = ? – Soft water = ? – Furnace humidifiers = ? NOTE: There will be no open houses so call today to arrange for your private viewing of this special home!
Read full post

I have listed a new property at 2027 MILNE DR NE in Calgary.
Welcome home to this beautiful bungalow perfectly located within the heart of the sought-after community of Mayland Heights, a quiet community only minutes from Down Town + many amazing parks & amenities! This is a fantastic opportunity to live up and rent down with the nicely appointed self-contained illegal basement suite! Just a few of the many special features of this home include: Fabulous curb appeal with large front deck, perfect for your morning coffee – RV parking – open and spacious floor plan – beautiful hardwood flooring – fantastic kitchen c/w loads of cupboard and counter space – large master bedroom – 2 additional spacious bedrooms up – HUGE backyard – oversized garage – fully finished basement suite c/w spacious bedroom, 4-piece bathroom, large living area and kitchen – walk to many parks or bike to the pathways along Nose Hill Creek / Bow River! Book your private viewing today to see this fabulous home!
Read full post

I have listed a new property at 74 GRAY WY in Rural Rocky View County.
After 21 years of selling Real Estate here in Calgary & Area, we are considering on retiring. It took my wife & I many years to find this special gem perfectly located in Bearspaw! Only 10 mins away from many amazing amenities, but far enough out to be incredibly tranquil! This sprawling Bungalow is situated on 3+ acres at the top of Gray Way Homestead & backing East onto gently rolling hills with big sky views! Backing East offers beautiful light that floods the home every morning making it a wonderful way to start your day as well as the twinkling lights of Cross Iron Mills in the distance at night + many Christmas light displays in December! There are far too many special features of this home to be covered here, although just a few are: Gorgeous curb appeal both front & back – Open & spacious floor plan perfect for entertaining – soaring vaulted ceiling in the huge Living Room – a massive Kitchen with loads of beautiful cupboard & counter space + large walk-in pantry & top-end SS appliances – Dining area overlooking the beautifully landscaped yard –Huge Master Bedroom c/w 5-piece spa-like ensuite + a huge walk-in closet – 2nd spacious bedroom on the main floor – executive Office on the main with 13’ ceiling – large Laundry Room c/w transition space from entrance to Garage – massive 3 car Garage w shop area c/w in-floor heating – extensive deck overlooking the land – fantastic basement development c/w Games Room, Wet Bar, spectacular Media Room, 2 spacious bedrooms both with walk-in closets, in-floor heating throughout basement, large Furnace Room c/w loads of storage space – lower patio perfect for relaxing on rainy days in your hot tub – wildlife abounds here with countless birds, deer, the occasional moose passing through, rabbits etc – we have never seen a mouse in this house – truly an oasis we now make available to a new family! Book your private viewing today!
Read full post

I have sold a property at 108 Cremona HTS in CREMONA.
Country living at its finest! This gorgeous 1300+s.f. bungalow in Cremona offers the best in small town living - only a quick 45 minute drive from Calgary! Built in 2001, this home features 5 bedrooms, 3 bathrooms, an open kitchen, gas fireplace, hardwood floors & ceramic tile, fully finished basement, water softener & central vac, covered front deck, back deck, oversized double attached garage with in-slab heating - all in a quiet cul-de-sac on a pie-shaped lot backing onto an open field!! The large master bedroom has a walk-in closet and ensuite with a soaker tub! The kitchen has a walk-in pantry and peninsula breakfast bar! Oak doors & trim throughout! Perfect home for any family, and the Cremona K-12 school is less than a 5-minute walk away! Call today for your chance to view this amazing home!
Read full post
Categories:   Abbeydale, Calgary Real Estate | Acadia, Calgary Real Estate | Airdrie, Airdrie Real Estate | Albert Park, Calgary Real Estate | Altadore, Calgary Real Estate | Arbour Lake, Calgary Real Estate | Bankview, Calgary Real Estate | Beddington, Calgary Real Estate | Beltline, Calgary Real Estate | Bowness, Calgary Real Estate | Braeside Braesde Est, Calgary Real Estate | Brentwood Calg, Calgary Real Estate | Bridgeland, Calgary Real Estate | Calgary Real Estate Market Cycle | Cambrian Heights, Calgary Real Estate | Canyon Meadows, Calgary Real Estate | Capitol Hill, Calgary Real Estate | Carstairs, Carstairs Real Estate | Chaparral, Calgary Real Estate | Charleswood, Calgary Real Estate | Chestermere, Chestermere Real Estate | Citadel, Calgary Real Estate | Coach Hill, Calgary Real Estate | Cochrane, Cochrane Real Estate | Copperfield, Calgary Real Estate | Coral Springs, Calgary Real Estate | Country Hills, Calgary Real Estate | Coventry Hills, Calgary Real Estate | Cranston, Calgary Real Estate | Cremona, Cremona Real Estate | Crescent Heights, Calgary Real Estate | Crestmont, Calgary Real Estate | Crossfield, Crossfield Real Estate | Dalhousie, Calgary Real Estate | Discovery Ridge, Calgary Real Estate | Douglasglen, Calgary Real Estate | Edgemont, Calgary Real Estate | Erlton, Calgary Real Estate | Falconridge, Calgary Real Estate | Forest Lawn, Calgary Real Estate | Garrison Green, Calgary Real Estate | Gleichen, Gleichen Real Estate | Glenbrook, Calgary Real Estate | Hanson Ranch, Calgary Real Estate | Harvest Hills, Calgary Real Estate | Hawkwood, Calgary Real Estate | Haysboro, Calgary Real Estate | Hidden Valley, Calgary Real Estate | Highwood, Calgary Real Estate | Hillhurst, Calgary Real Estate | Huntington Hills, Calgary Real Estate | Killarney Glengarry, Calgary Real Estate | Lake Bonavista, Calgary Real Estate | Lakeview, Calgary Real Estate | Langdon, Langdon Real Estate | Lower Mount Royal, Calgary Real Estate | MacEwan Glen, Calgary Real Estate | Marlborough, Calgary Real Estate | Martindale, Calgary Real Estate | Mayland Heights, Calgary Real Estate | McKenzie Lake, Calgary Real Estate | Midnapore, Calgary Real Estate | Monterey Park, Calgary Real Estate | New Brighton, Calgary Real Estate | North Haven, Calgary Real Estate | Oakridge, Calgary Real Estate | Okotoks, Okotoks Real Estate | Out of Area Calgary, Calgary Real Estate | Panorama Hills, Calgary Real Estate | Parkdale, Calgary Real Estate | Pineridge, Calgary Real Estate | Prominence Patterson, Calgary Real Estate | Radisson Heights, Calgary Real Estate | Ranchlands, Calgary Real Estate | Renfrew Regal Terrace, Calgary Real Estate | Richmond Hill, Calgary Real Estate | Richmond Park Knobhl, Calgary Real Estate | Riverbend, Calgary Real Estate | Rocky Ridge Ranch, Calgary Real Estate | Royal Oak, Calgary Real Estate | Rundle, Calgary Real Estate | Rural Foothills M.D., Rural Foothills M.D. Real Estate | Rural Rocky View MD, Rural Rocky View County Real Estate | Rural Rocky View MD, Rural Rocky View MD Real Estate | Saddleridge, Calgary Real Estate | Sage Hill, Calgary Real Estate | Sandstone, Calgary Real Estate | Scarboro, Calgary Real Estate | Scenic Acres, Calgary Real Estate | Shawnee Slps Evergreen Est, Calgary Real Estate | Shawnessy, Calgary Real Estate | Sherwood, Calgary Real Estate | Signature Parke, Calgary Real Estate | Skyview Ranch, Calgary Real Estate | Somerset, Calgary Real Estate | South Calgary, Calgary Real Estate | Springbank Hill, Calgary Real Estate | Strathcona Park, Calgary Real Estate | Sunalta, Calgary Real Estate | Sunnyside, Calgary Real Estate | Temple, Calgary Real Estate | Thorncliffe, Calgary Real Estate | Tuscany, Calgary Real Estate | Tuxedo, Calgary Real Estate | Valley Ridge, Calgary Real Estate | Varsity Acres, Calgary Real Estate | Varsity Village, Calgary Real Estate | Vista Heights, Calgary Real Estate | West Hillhurst, Calgary Real Estate | West Springs, Calgary Real Estate | Westgate, Calgary Real Estate | When is the best time to sell a home in Calgary | Whitehorn, Calgary Real Estate | Wildwood, Calgary Real Estate | Winston Heights Mountview, Calgary Real Estate
Categories
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
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.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.