FOR BUYERS : The Ultimate Guide to Choosing a New Neighbourhood

Choosing a new neighborhood can be a stressful time, with a seemingly endless list of things to consider. Budget and safety and schools, oh my! Weighing every option is enough to make your head spin. I am familiar with the area, and as an Accredited Buyer’s Representative (ABR®), can offer a helpful perspective. Please let me know if you have any questions!

Click here for the details.

 

JUST LISTED : 114 Covehaven Court NE

In the respected Covehaven section of Coventry Hills, family living has never been more comfortable. A stunning vaulted entry leads to an open plan living/kitchen/dining, perfect for entertaining or hanging out with family. Kitchen aesthetics have been newly updated to suit the modern palette, and an attractive half-bath sits conveniently right around the corner. Completing this level is a bonus front room perfect for media, hobbies or a home office.

Upstairs is made for relaxation with three bedrooms and two more bathrooms, featuring an enormous master with 4pc ensuite. More unique charm includes: a gas fire place in the living room, a large fenced yard with storage and space for 4 (!) cars, and a private backyard play structure that can only be described as awesome.

Add close proximity to exciting amenities like theatres, shopping, restaurants, the VIVO Rec Center and a short drive to the airport, and you’re sure to please everyone under your roof.

For more information click here

WGY1YWPMOET  WGY3EG6IPR1  WGY2QGDXW2O  WGY23IOIEPZ

Housing market set for favourable lead into spring

Detached prices stabilize as city-wide inventory trends down

After a long period of disconnect between supply and demand, Calgary’s detached housing sector is firmly in balanced territory. Sales were still 10 per cent below long-term trends in March, but above levels seen in recent years, while average inventory declined compared to last year, supporting price stability in the detached market.

“It’s not so much that demand went through the roof in March, but that we had less supply come onto the market, which is really helping to balance things out,” said CREB® president David P. Brown. “These changes are lifting the cloud of uncertainty for housing consumers and nicely positioning our market as we move into the more active spring season.”

Unadjusted detached benchmark prices totaled $503,900 in March, 0.4 per cent above last month and similar to levels recorded last year. Meanwhile, Apartment and attached prices continue to remain well below levels recorded last year.

“Market conditions are quite different in the apartment sector,” said CREB® chief economist Ann-Marie Lurie. “The additional supply coming from the new home sector is not easily reversed and the added competition is continuing to weigh on prices in the higher density sectors of the market.”

City-wide inventory levels totaled 5,114 in March, 16 per cent below last year’s levels. This is primarily driven by the 25 and 17 per cent contraction in the detached and attached markets. Inventory levels in the ownership apartment sector remain three per cent higher then levels recorded last year.

“The housing market transition in the first quarter appears to be consistent with trends in the labour market,” said Lurie. “However, the way the rest of the year unfolds will be largely determined by what happens in the next two quarters, as nearly 60 per cent of all housing sales typically occur in that time frame.”