Varsity townhouse

JUST LISTED : #45, 3519 49 ST NW

Location! Location! Location! Immaculate and beautifully renovated multi-level, 875 sqft, 2-bed townhouse in Varsity.

This home features an open living space with bright windows, a warm colour palette & gleaming new floors. The open dining area leads to a private sunny balcony with personal access to the courtyard! The kitchen offers an attractive newer white kitchen with updated glass mosaic tiles. The main floor also has a spacious family room with large windows providing an abundance of natural sunlight.

The lower level offers a large master bedroom with walk-in-closet plus another good-sized bedroom, with big windows. There is also a huge 4-pc bathroom, that is white and bright. This property is complete with in-suite laundry, a large storage room, plus an assigned parking stall close to the entrance.

Condominium amenities include a sauna/fitness room. And condo fees include heat and water/sewer. Perfect for first time buyers and a fantastic opportunity to get into the real estate market, don’t miss out!

For more information check out the virtual tour here

  

  

JUST LISTED : 1204, 2200 Woodview Drive SW

Welcome Home to 1204, 2200 Woodview Drive SW, Calgary!

Quartz Counter tops. Check! Brand new kitchen. Check! Brand new GE Stainless Steel Appliances. Check! Trendy vinyl plank floor. Check! In-suite new laundry. Check! Low condo fees. Check! This place checks all your boxes, and for under $250,000? WOW!

This fully remodeled single-level townhouse is perfect for first time home buyers or the savvy investor. Open the front door and fall in love with the warm and welcoming feel of this home. The open concept living room is beautifully lit with natural light, and the kitchen is a showstopper. White shaker style cabinets, large subway tiles and under mount sink.

The bathroom has faux marble tile surrounding the deep tub and plenty of storage in the vanity.

The master bedroom is huge with a walk-in closet, motion-sensor light and custom built-ins. The 2nd bedroom also has a generous closet with built-ins!

Storage not a problem here, with a pantry and extra space in the furnace room. Did I mention a newer furnace/hot water tank? You’ll be the envy of your friends!

View the virtual tour here

For more information visit here

   

Asbestos – What We Did!

Asbestos is a naturally occurring mineral and for years prior to 1990 it was a popular in construction Canada wide.  Mainly used for insulating buildings and homes against wintry weather and noise. It has also been used, and, in some cases, continues to be used, in products like:

  • cement and plaster
  • industrial furnaces and heating systems
  • building insulation
  • floor and ceiling tiles
  • house siding

Here we were, looking to renovate a townhouse that was built in the late 1970’s – we were pretty sure that there would be asbestos. Therefore, during our home inspection period we had a testing company come out and grab samples from everywhere that could potentially contain asbestos. We were right, they did detect 2% Chrysotile Asbestos (which is by far the most common form) in the drywall joint compound no where else. The company said that it was often added to the mud as a binding agent – I sure didn’t know that. Anyways, we negotiated with the seller some of the costs and were off the races.

So, you know, Health Canada says there are no significant risks if materials containing asbestos in your home are:
  • tightly bound in products and are in good condition
  • sealed behind walls and floorboards
  • isolated in an attic
  • left undisturbed

Well, we were definitely going to be disturbing those nasty little asbestos fibres, so next came abatement. We hired M.A.R.S. Environmental Services to do the work for us as we wanted it done properly and safely. It was going to take them 2.5 to 3 full days to remediate all the areas that were going to be affected by our renovation plans. That even included around each of the electrical plugs we were either going to move or replace/repair.

Did we learn a lot through the process? Yes. Was it a bit costly and time consuming? Yes. Was it worth it? YES!! The health of my family, and the ability to confidently say it has been remediated when we go to sell, is totally worth it.  I would say that if you are going to be renovating or flipping an older property, get the testing done prior to waiving your conditions for peace of mind and to ensure you still have a profit margin in that flip!

Glamis Green Townhouse Glamorgan

JUST LISTED : #275, 77 Glamis Green SW

This two-bedroom executive townhome in Glamis Green has an open and modern floorplan offering over 1,000 sq.ft. of living space. Perfect for first time home buyers with discerning taste as it features high-end finishes throughout!

The main level features a large master bedroom, a generous sized second bedroom and a 4 piece bathroom. This floor also features in-suite laundry, with shelving and loads of storage space.

The wide open upper floor is warm and welcoming. Showcasing an elegant kitchen with granite counter tops and a raised breakfast bar. The great room layout is beautifully designed with considerable space for both dining and living. It even boasts a gas fireplace for cozy evenings in curled up with a book. There is also a powder room for your guests.

The windows and patio entrance deliver an abundance of natural light. Being on the top floor allows for your own private patio with a private feeling, perfect for bbq-ing in the summer.

If you are looking for a home that is a quick commute to downtown (only 8kms)? And do you delight in being surrounded by almost every amenity you can think of? Than look no further….Glamis Green is for you! Welcome Home.

For more details click here.

For the virtual tour click here.

Glamis Green Glamorgan   Glamis Green Glamorgan

Glamis Green Glamorgan    Glamis Green Glamorgan

 

About Glamorgan:
Glamorgan is located in SW Calgary, only 8kms from downtown Calgary.  Glamorgan is close to several shopping malls and contains a number of restaurants. There are both public and separate schools in the area. Glamorgan Community Centre offers before and after school care in a comfortable setting, complete with homework tables and computer stations. There is an outdoor ice rink for community shinny games as well as an adjoining pleasure rink. There are a variety of activities such as yoga, Guides, Adult Fitness classes and Karate. The community also offers outdoor soccer, family softball as well as other recreational sports. GCA has a new building situated next to the outdoor rink, called GlamShack and it is the central meeting spot for Grassroots Hockey and Soccer.

JUST LISTED : 88 Prominence View SW

This bright & well-kept San Francisco-style end unit town house with double turrets is located in the beautiful community of Patterson. This home is surrounded and backing on to a green belt, it is uniquely situated in the Capilano Gardens condominium complex. The features include a tiled foyer with mirrored entry closet, gorgeous cherry oak built-ins and cabinetry. There is rich oak flooring throughout the main floor and neutral carpeting upstairs. There is a desirable large south-facing deck that has an expansive and private view. It allows for a wonderful summer retreat for BBQing or hosting friends and family.

This two-storey townhouse offers a grade-level foyer with access to double tandem attached garage. The kitchen includes a wall pantry and island, turret-style breakfast nook with a magnificent view. Don’t forget about the granite countertops and stainless-steel appliances. The open concept living/dining room has a marble-faced gas fireplace and built in bookcases. The main floor also has a 1/2 bath and in-suite laundry.

The upper floor has open hall plan with built-in cabinetry and a den with more large windows. The spacious master bedroom retreat features a mirrored by-pass doors into a semi walk-in closet. There is also an ample second bedroom. And a large 5-piece bathroom with a corner jetted tub.

This is one of the most sought after locations and town house in the area. Be sure to call your favourite REALTOR for a tour today.

For more information click here.

For the virtual tour click here.

Patterson 88 Prominence View SW Townhouse   Patterson 88 Prominence View SW Townhouse

Patterson 88 Prominence View SW Townhouse   Patterson 88 Prominence View SW Townhouse

 

About Coach Hill Patterson Heights:

Coach Hill Patterson Heights is a well established community in the city of Calgary. It is located in close proximity to downtown, Canada’ Olympic Park and one of the most geographically unique areas of the city.  Whether it is the rolling hills, bubbling waterfalls, sloped ravines, or natural fauna – this community is beautiful. There are also interesting bike paths and friendly people that make Coach Hill Patterson Heights their home, our community has a lot to be thankful for.

October Calgary Market Statistics

Status quo for Calgary’s housing market

Prices remain similar to last year in Calgary, but ease in October

October’s housing market conditions closely echoed previous month’s trends with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.

October sales and inventories in Calgary totaled 1,467 and 6,463 units for a month of supply of 4.4. Several months of elevated supply in comparison to demand has weighed on pricing over the past several months. The city-wide unadjusted benchmark price in October totaled $438,900, 0.6 per cent below last month, but comparable to last year.

“While economic activity has improved in 2017, it will take some time for this to translate into housing market growth. There have been employment gains, but most of this has occurred in areas with traditionally lower income,” said CREB® chief economist Ann-Marie Lurie.

“We also continue to face weak migration, higher lending rates and changes to lending policy. The combination of these factors is impacting housing demand, which is prolonging the pace of recovery.”

Resale inventory gains occurred in each product type and across most districts in the city. The largest gains were in districts with substantial new development growth.

In the detached segment, the largest number of units added to inventory occurred in the $300,000 – $500,000 price range. This represents nearly 42 per cent of all detached inventory. 62 per cent of the inventory in the city-wide market is priced below $500,000.

“There is far more product availability in the lower price ranges now compared to several years ago,” said CREB® president David P. Brown.

“This provides more options for potential buyers concerned about their purchasing power given all the changes in the lending market.”

The largest monthly price change occurred in the apartment condominium sector which recorded an unadjusted monthly decline of 0.8 per cent, resulting in a 13 per cent spread over monthly highs recorded in 2014.

Despite some recent adjustments, prices in the attached and detached segments remain relatively stable compared to last year.

For more details, please feel free to give me a call!
Calgary September Market Update

The BIG Picture

Inventory increases and sales drop in September, but overall sales for the year remain higher than last year.

Strong gains in the first-half of 2017 has put the Calgary year-to-date sales at seven per cent above last years’ levels and 11 per cent below long-term averages, but challenges remain with easing sales and rising new listings in September.

Inventories rose across all property types to 6,861 units, while both apartment and attached-style properties saw the highest inventory on record for the month of September.

“The recent rise in inventories is preventing further price recovery as sales activity has moderated over recent months. This does not come as a surprise as sales activity is expected to remain modest by historical standards until more substantial economic improvements take hold,” said CREB® chief economist Ann-Marie Lurie.

“Some may consider this a setback, but it is important to note that recent movements are balancing out the higher than expected gains that occurred in the first-half of the year.”

New listings in September totaled 3,266 units, a year-over-year gain of nearly 10 per cent.

“There are several factors influencing new listings. Given the falling prices over the past two years, some sellers were waiting for market conditions to improve prior to listing their homes. More stability in the market has prompted many of those sellers to no longer delay their listing decision,” said CREB® president David P. Brown.

“In some segments, rising new home inventories are also impacting total housing supply. Ultimately, prices are affected. However, this inventory also opens up opportunity for buyers to step up into a home that was financially unattainable.”

As of September, unadjusted benchmark prices totaled $441,500. This is 0.2 per cent below last month, but nearly one per cent above last year. Downward price pressure this month occurred across most product types. However, year-to-date benchmark prices in the detached sector remain comparable to last year.

Prices in the detached sector remain relatively stable compared to last year. Condominium apartment prices remain four per cent below 2016 levels and twelve per cent below 2014 highs. This sector continues to struggle with price declines resulting from excess supply as months of supply pushed above eight months.

 

JUST LISTED : 167 Douglas Woods Hill SE

Welcome to this show stopping family home in sought after Douglasdale.

This open concept home has been recently updated for a polished, modern look. You’ll be impressed as soon as you step inside this gorgeous home. It features hardwood floors, a spacious living & dining room, main floor laundry & a discrete half bathroom. The home opens up into a family room with huge windows and a corner fireplace. Once in the kitchen your eyes are drawn to the details which includes high end cabinets, stainless steel appliances & shining granite countertops.

Upstairs is your extra large dream master suite – a large 4 pc ensuite with corner jacuzzi tub & a walk in closet. There are 2 additional bedrooms & a kids/guest bath up.

The fully finished lower level is ideal for family entertainment. Space includes a supersized recreation room, built in office space, a 4th bedroom & storage space!

The backyard is enormous, did we mention there’s a POOL? The property is well manicured with a large multi-tiered deck. Welcome Home.

For more details click here!

Check out the virtual tour here.

JUST LISTED : 409, 59 22 Avenue SW

Discover contemporary condo living in River Grande Estates, and relax into convenience, amenities, and distinct downtown lifestyle.

Two bedrooms and two bathrooms offer everyone comfort and privacy, while 9-foot ceilings, new flooring throughout and attractive, brand new stainless steel kitchen appliances are sure to impress your guests. A huge walk-in closet and a 5-pc ensuite off the master will make you never want to leave home.

There is assigned storage, in-suite laundry and underground parking! No where compares to Mission for restaurants, shopping, transit and fitness opportunities; your lifestyle is about to experience an upgrade. Additional features include underground visitor parking, a car wash, a library and an entertainment room.

What else do you really need!? See it today!

For more details click here!

Housing recovery a balancing act

Growth in new listings outpaced sales preventing inventory declines 

Sales posted a modest gain in August, but a rise in new listings kept inventory levels elevated.

Inventories totaled 6,624 units, where over half were comprised of attached and apartment style properties. While inventories were 16 per cent higher than August 2016 levels, the slight rise in sales prevented further gains in the months-of-supply, which remain just above four months.

“Employment growth is contributing to the stability in sales activity, but it is not enough to meet the recent rise in listings and make a substantial dent in inventory levels,” said CREB® chief economist Ann-Marie Lurie.

“Unemployment rates remain elevated and job growth is mostly occurring outside the energy sector, slowing the recovery process. Broader economic improvements will be required prior to it translating into substantial improvements in the housing market.”

The second month of higher inventories compared to sales weighed on prices for the month. The unadjusted city wide benchmark price totaled $442,300 in August. This is 0.3 percent below last month, but remains nearly one per cent above last year’s levels. Overall total residential prices remain four per cent below peak levels.

“Buyers have several options in this market, and sellers need to continue to be realistic regarding the price they expect to receive for their home,” said CREB® president David P. Brown.

“While some of the buyers are re-entering the market, they are also considering all of their options prior to making a commitment.”

The pace of growth in detached sales has closely matched new listings this year. However, inventory levels continue to remain at 3,280 and months of supply pushed up to 3.32. Recent gains in months-of-supply prevented further gains in prices this month. Detached prices totaled $510,900 in August. This is slightly lower than last year, but 1.5 per cent above last year’s levels.

With over seven months-of-supply, the excess supply continues to weigh heavily on the apartment condominium sector. As of August, the benchmark price totaled $263,300. This is one per cent below last month and three per cent below last year’s levels. Downward price pressure in this sector is expected as supply levels remain elevated in the new, resale and rental market.