I have listed a new property at 21 Everwoods ROAD SW in Calgary. See details here

**Check out the virtual tour**. A fantastic opportunity to own in the desirable community of Evergreen, within walking distance of schools and Fish Creek Park. This fabulous family home offers almost 2,500 sq.ft (1,969+ 505) of living space and a wonderful SOUTH-facing backyard with a huge cedar deck, great for summer entertainment. TRICO home features total of 3 bedrooms and 4 bathrooms with a fully finished basement. Bright and sunny with 9' ceilings on the main level. Main floor includes a HUGE living room w/ TILE MANTLE FIREPLACE to cozy up to, adjacent to the SPACIOUS breakfast nook. Functional kitchen w/MAPLE cabinets, WALK-IN pantry, tile backsplash + eating bar. The main level is complete w/ a 2 piece bath + MUD ROOM off the DOUBLE-ATTACHED GARAGE! The upper level features LARGE FAMILY ROOM, 2 generously-sized bedrooms, 4 piece bathroom + CONVENIENT UPPER-LEVEL LAUNDRY! The primary bedroom boats a WALK-IN CLOSET + 5-PIECE ENSUITE w/lots of cabinet space, separate stand-up shower & soakder tub. The fully finished basement has a wet bar and a full bathroom. Quick access to Stoney Trail to take you to the mountains, and close to all shopping amenities. 5-min drive to Costco. Quick possession is available. Call to book your showing today!

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The market usually slow down in winter, but it still seems strong in Calgary, including for new home sales.

As the story below notes, all segments of the market are likely to see strong demand as long as migration into Alberta remains high.

Please read the full story here:

Author of the article: Joel Schlesinger  •  for the Calgary Herald.

https://calgaryherald.com/life/homes/calgary-new-homes-market-remains-active-despite-rising-costs

Condo starts increased this year in Calgary. PHOTO BY WIL ANDRUSCHAK /PostmediaCondo starts increased this year in Calgary. PHOTO BY WIL ANDRUSCHAK /Postmedia



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Please visit our Open House at 148 Paint Horse DRIVE in Cochrane. See details here

Open House on Saturday, November 12, 2022 1:30PM - 3:30PM

**Check out the virtual tour**. UPGRADED HOME | FOUR BEDROOMS | BONUS ROOM | ENSUITE | MOVE-IN READY | This beautiful 2-storey home with double-attached garage is ideally located on a family friendly street and offers easy living with many incredible upgrades and features – hardwood flooring, recessed light fixtures, tile floors, big windows, landscaped and fully fenced backyard, and more. Open concept main floor boasts a living room with huge picture window, letting in loads of natural light, plus a cozy gas fireplace. The adjacent kitchen showcases walnut cabinets, corner pantry, stone backsplash, granite countertops, stainless steel appliances and an island with eating bar – an ideal setup for entertaining friends and family. The rear dining room has patio doors leading to the large rear deck and yard. The main floor is completed by a lower mudroom off the garage and a two-piece powder bathroom. Head upstairs to the huge Bonus Room, which is perfect for entertaining. Three spacious bedrooms including a large primary bedroom, which has a great layout with large walk-in closet plus a second adjacent and a large 4pc ensuite bathroom with lots of counter space. Upstairs laundry with plenty of built-in wire shelving. Basement is finished with a family room and a 4th bedroom with a big window. Roughed-in 3 pc bathroom is awaiting your completion. This is your opportunity to move to the family friendly community of Heartland, featuring plenty of convenient amenities such as a Tim Horton's, dental clinic, gas station, daycare, schools, parks, river pathways and a pond nearby. Book your showing today and fall in love with this beautiful home.

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I have listed a new property at 148 Paint Horse DRIVE in Cochrane. See details here

**Check out the virtual tour**. UPGRADED HOME | FOUR BEDROOMS | BONUS ROOM | ENSUITE | MOVE-IN READY | This beautiful 2-storey home with double-attached garage is ideally located on a family friendly street and offers easy living with many incredible upgrades and features – hardwood flooring, recessed light fixtures, tile floors, big windows, landscaped and fully fenced backyard, and more. Open concept main floor boasts a living room with huge picture window, letting in loads of natural light, plus a cozy gas fireplace. The adjacent kitchen showcases walnut cabinets, corner pantry, stone backsplash, granite countertops, stainless steel appliances and an island with eating bar – an ideal setup for entertaining friends and family. The rear dining room has patio doors leading to the large rear deck and yard. The main floor is completed by a lower mudroom off the garage and a two-piece powder bathroom. Head upstairs to the huge Bonus Room, which is perfect for entertaining. Three spacious bedrooms including a large primary bedroom, which has a great layout with large walk-in closet plus a second adjacent and a large 4pc ensuite bathroom with lots of counter space. Upstairs laundry with plenty of built-in wire shelving. Basement is finished with a family room and a 4th bedroom with a big window. Roughed-in 3 pc bathroom is awaiting your completion. This is your opportunity to move to the family friendly community of Heartland, featuring plenty of convenient amenities such as a Tim Horton's, dental clinic, gas station, daycare, schools, parks, river pathways and a pond nearby. Book your showing today and fall in love with this beautiful home.

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I have listed a new property at 113 1602 11 AVENUE SW in Calgary. See details here

Attention investors and first-time buyers! Affordable two-bedroom condo, CORNER END UNIT (above grade) just one block from the Sunalta C-train Station. This sun-drenched SW corner unit is in a quiet CONCRETE building adjacent to a park/playground. Short walk to the Sunalta Elementary School and a 10-min. bus ride to Westen Canada High School, ranked one of the top schools in Alberta. This 2-bedroom unit comes with an in-suite washer and is one of the larger units in the complex. Updated throughout with recent paint, hardwood floors, white cabinets, newer appliances. Open concept living/dining area flows onto your desirable SPACIOUS PATIO to enjoy the summer. Master includes walk-in closet. Relax in your soaker tub in the 4pc bathroom. Enter your unit without having to access the elevator. Well-maintained building w/ visitor parking, newer windows, roof, balconies, boiler, elevator, security cameras & bike room. This unit has a large in-suite storage room plus a storage locker in the basement, so space will never be an issue. Heated underground parking is a treat in the winter! There is a coin-operated laundry in the basement in case you have more than 1 load to do at once. Condo fees include everything except electricity. Pet-friendly complex (2 dogs or 2 cats, or 1 dog & 1 cat under 25 lbs with board approval). The location is second to none for just about anyone! You can walk downtown, to the LRT, and to plenty of shops, services and restaurants. Great value! Call to book your showing today.

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City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.

However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to go, 2022 will likely post a record year in terms of sales.

“Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product,” said CREB® Chief Economist Ann-Marie Lurie. “While our city is not immune to the impact that inflation and higher rates are having, strong employment growth, positive migration flows and a stronger commodity market are helping offset some of that impact.”

New listings also trended down this month causing the sales-to-new-listings ratio to rise to 85 per cent and inventories to trend down. Much of the inventory decline has been driven by product priced below $500,000.

While conditions are not a tight as what was seen earlier in the year, with only two months of supply, conditions remain tighter than historical levels. We are also seeing divergent trends in the market with conditions continuing to favour the seller in the lower-price ranges and shifting to more balanced conditions in the upper-price ranges.

As of October, prices have eased by four per cent relative to the highs reached in May. This is considered a relatively small adjustment when considering price movements in other large cities. It is also important to note that the October benchmark price is still nearly 10 per cent higher than levels reported last year.


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