New property listed in Signal Hill, Calgary

Posted on September 7, 2024 by Sheldon Zacharias

Posted in Signal Hill, Calgary Real Estate

New property listed in Signal Hill, Calgary

I have listed a new property at 244 Sierra Morena PLACE SW in Calgary. See details here

Beautiful and unique walk out bungalow in great bay location. Fully developed walk out basement plus separate entry. Stone and stucco exterior with wood batten accents. This home boasts 17 foot ceilings on main floor that open up to 6 skylights for an amazing bright open home. Large front living room and dining area. Livingroom with large floor to ceiling arched window to match the arched window in the main entry. Large dining room can host even large family dinners and has glass block accents. The hall, kitchen and nook areas boast gleaming hardwood floors. Kitchen is huge with rich generous oak cabinets, lots of counter space plus large center island with built in breakfast bar and phone desk area. The kitchen is open to the family room and this area enjoys lots of natural light from overhead skylights. Functional and spacious family room with feature brick gas fireplace and garden door to large outdoor living space with retractable awning. Primary bedroom with walk in closet, two windows and an upgraded 5 pce ensuite bath with large granite vanity with 2 sinks, large soaker tub, glass shower and tile floors. Array of natural light from glass block accents. Bedroom 2 can be a flex room with fold down murphy bed or leave it up and use as office or den. Bedroom 3 has a cheater ensuite door to 4 pce bath. The lower walk out basement offers another 1400 sq ft in living space and has endless use possibilities. Large front bedroom #4 with french glass doors and extra large window, huge rec room area perfect for the large family or super bowl parties! Bedroom #5 is unique with a separate garden door to back yard. The rec room area has full walk out door to back covered patio. Massive utility room that has lots and lots of storage and a large laundry area. The furnace has just been serviced (see supplements) the shakes were just checked and serviced with a 2 year guarantee (supplements). This unique and wonderful home suits families and empty nesters alike. Great location in quiet bay on corner with great access to schools, shopping, parks, paths, Westside Rec center and west to mountains.

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I have sold a property at 55 Hunter STREET NW in Calgary

Posted on August 31, 2024 by Sheldon Zacharias

Posted in Highwood, Calgary Real Estate

I have sold a property at 55 Hunter STREET NW in Calgary on Aug 30, 2024. See details here

Beautiful location on this 1055 sq ft immaculate bungalow with fully dev basement and huge double detached garage. This is also an R-C2 zoned property on extra large corner lot. Well manicured and fenced yard. Extra long driveway is deal for 3 cars or RV parking. 24 x 26 double detached garage with lots of parking and storage. Quiet street location with home next to large playing field. Lovely outdoor patio area for bbqing. Main floor starts with extra large living room and dining room area, plenty of light from the large picture window. Upgraded kitchen with rich generous cabinets and granite counters. Stainless steel appliances including Fridge, stove, microwave and dishwasher. Durable ceramic tile floor, large kitchen window with lots of sun and a cosy breakfast nook area. 3 bedrooms on the main floor plus a large updated 3 pce bath with ceramic shower. The lower level offers large family room area, 4th bedroom (window does not meet egress) , laundry area and an updated 4 pce bath. Bathroom features multiheaded tub and shower enclosure, large vanity, lots of ceramic tile accents. Laundry room and hall area with lots of built in storage, Home is very well cared for. Great home, super investment.

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New property listed in Discovery Ridge, Calgary

Posted on August 31, 2024 by Sheldon Zacharias

Posted in Discovery Ridge, Calgary Real Estate

New property listed in Discovery Ridge, Calgary

I have listed a new property at 382 Discovery Ridge BOULEVARD SW in Calgary. See details here

Beautiful Executive home located on a large corner lot in Popular New Discovery. Enjoy privacy on a treed lot, siding onto a quiet cul de sac and nestled only a stroll away from the popular Griffith Woods. This appealing home boasts a stone and stucco exterior with wood batten accents and a steep roof pitch, all providing this home with tons of character. The two-car attached garage is over sized and features a large workshop /storage area. Step in the front door to a roomy foyer and a bright and open plan encompassing the great room, kitchen and dining area on the main floor, with extended high ceilings in addition. The great room has a modern gas fireplace centered between accent windows, engineered hardwood, and large south facing windows which offer plenty of sunlight. The kitchen is extra large in size with generous rich maple cabinets, a large center island with a sit-down breakfast nook, quartz countertops, a bonus window over sink, large walk in pantry, wine rack, and stainless steel appliances, including gas stove. The kitchen and main area is complimented with overhead pot lights as well. The expansive open area on the main level and windows makes an “atrium " like feel. Exit outside to a beautiful treed back yard setting through a garden door, and an extended covered balcony addition with covered storage under the deck. This space is fit to enjoy, even on a rainy day, and it feels large, open and well lit with vaulted ceilings, soffit, and pot lights, and is accented with powder coated railing and retreated with the privacy of natural tree cover. The South back yard exposure opens up and lengthens your evening enjoyment and sunshine. Also on the main floor is a 2-piece powder room and a separate laundry area/mud room with door to garage. On the 2nd level up the stairs to the right you have a really functional and unique bonus room area with vaulted ceilings, a corner gas fireplace, large window and a hidden den area/office with privacy for work at home or a reading retreat. There are 3 generous bedrooms located upstairs starting with the extra large primary suite which includes a 5 piece ensuite bath and a walk in closet. The ensuite bath offers a large vanity with his/her sinks, an abundance of cabinet/drawer space and storage, a large soaker tub, tiled floors, tiled shower with glass entrance, a makeup vanity and mirror, and natural light from the two large windows. The two other bedrooms round out and complete the upper floor. Rest well with the cool air from your Central A/C! The basement area is unspoiled, just waiting for your special touch. This home is in immaculate condition and well cared for. The specific location of this home on the end of Discovery Ridge Boulevard means low traffic, and quick access to the park. Discovery has long been a destination area for nature lovers who enjoy the paths, river, parks and tranquil setting of the woods.

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New property listed in Highwood, Calgary

Posted on August 22, 2024 by Sheldon Zacharias

Posted in Highwood, Calgary Real Estate

New property listed in Highwood, Calgary

I have listed a new property at 55 Hunter STREET NW in Calgary. See details here

Beautiful location on this 1055 sq ft immaculate bungalow with fully dev basement and huge double detached garage. This is also an R-C2 zoned property on extra large corner lot. Ideal for re development or suite. Well manicured and fenced yard. Extra long driveway is deal for 3 cars or RV parking. 24 x 26 double detached garage with lots of parking and storage. Quiet street location with home next to large playing field. Lovely outdoor patio area for bbqing. Main floor starts with extra large living room and dining room area, plenty of light from the large picture window. Upgraded kitchen with rich generous cabinets and granite counters. Stainless steel appliances including Fridge, stove, microwave and dishwasher. Durable ceramic tile floor, large kitchen window with lots of sun and a cosy breakfast nook area. 3 bedrooms on the main floor plus a large updated 3 pce bath with ceramic shower. The lower level offers large family room area, 4th bedroom (window does not meet egress) , laundry area and an updated 4 pce bath. Bathroom features multiheaded tub and shower enclosure, large vanity, lots of ceramic tile accents. Laundry room and hall area with lots of built in storage, Home is very well cared for. Great home, super investment.

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Market Update

Posted on August 1, 2024 by Sheldon Zacharias

JULY 2024 HOUSING MARKET UPDATE

August 1, 2024

Supply levels improve, taking some pressure off prices

With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in inventory. Inventories rose to 4,158 units, still 33 per cent below what we typically see in July, but the first time they have pushed above 4,000 units in nearly two years.

Although the majority of supply growth occurred for homes priced above $600,000, the rise has helped shift the market away from the extreme sellers’ market conditions experienced throughout the spring.

“While we are still dealing with supply challenges, especially for lower-priced homes, more options in both the new home and resale market have helped take some of the upward pressure off home prices this month,” said Ann-Marie Lurie, Chief Economist at CREB®. “This is in line with our expectations for the second half of the year, and should inventories continue to rise, we should start to see more balanced conditions and stability in home prices.”

July sales eased by 10 per cent over last year's record high but were still higher than long-term trends for the month. Like last month, the pullback in sales has been driven by homes priced below $600,000.

Nonetheless, the gain in inventory combined with slower sales caused the months of supply to rise to 1.8 months, still low enough to favour the seller but a significant improvement from the under one month reported earlier this year.

Improved supply helped slow the pace of monthly price growth for each property type. In July, the total residential benchmark price was $606,700, similar to last month and nearly eight per cent higher than last year's levels.

Detached

Detached home sales in July fell by eight per cent, as the 15 per cent rise for homes priced above $600,000 was not enough to offset the 50 per cent decline occurring in the lower price ranges.

The decline in the lower price ranges reflects limited availability as inventories and new listings continue to fall for lower-priced homes. Year-to-date detached sales have eased by just over one per cent compared to last year.

With 1,098 sales and 1,721 new listings this month, inventories rose to 1,950 units. Inventories are still low based on historical levels, but the gain did help push the months of supply up to nearly two months and supports some stability in prices. The unadjusted benchmark price in July was $767,800, similar to last month but 11 per cent higher than last July.

Semi-Detached

Relative affordability continues to attract purchasers to the semi-detached sector. While sales did slow slightly compared to last year, year-to-date sales reached 1,518 units, six per cent higher than last year.

The growth in sales was possible thanks to gains in new listings. However, conditions remain relatively tight, with a 76 per cent sales-to-new listings ratio and months of supply of 1.5 months.

While the pace of monthly price growth has slowed, at an unadjusted benchmark price of $687,900, prices are nearly 12 per cent higher than last year. The highest price growth continues to occur in the city's most affordable North East and East districts.

Row

Gains in row new listings relative to a pullback in sales caused the sales-to-new listings ratio to fall to 73 per cent this month. This supported gains in inventory levels, and the months of supply rose to 1.3 months.

While conditions continue favouring the seller, the shift prevented further monthly price gains this month. Nonetheless, at a benchmark price of $464,200, levels are still nearly 15 per cent higher than last year. Year-over-year price gains have ranged from a low of 13 per cent in the City Centre and North districts to over 20 per cent in the North East and East districts.

Apartment Condominium

Sales in July slowed to 659 units, as a significant drop in sales occurred for properties priced below $300,000. Like the other property types, limited supply choices for the lower-priced units prevented stronger sales activity.

New listings in July were 1,043 units, high enough to cause the sales-to-new listings ratio to fall to 63 per cent. This supported inventory gains and months of supply of over two months. Improved supply relative to sales helped slow the pace of monthly price growth.

However, the unadjusted benchmark price of $346,300 is still 17 per cent higher than levels reported last year at this time.

REGIONAL MARKET FACTS

Airdrie

New listings in July rose to 287 units, the highest level ever reported for July. At the same time, sales slowed to 186 units, supporting some gains in inventory levels. While inventories have improved, the 298 units are still 26 per cent lower than typical levels seen in July.

Inventory gains have occurred across most price ranges in Airdrie but conditions continue to remain relatively tight, especially in the lower price ranges of each property type. Overall, the unadjusted benchmark price in July was $553,900, similar to last month but eight per cent higher than last year's levels.

Cochrane

July sales improved over last year’s levels, contributing to the year-to-date gain of nearly eight per cent. While new listings also improved compared to last year in July, it was not enough to cause any significant shift from the low inventory levels.

With a sales-to-new-listings ratio of 83 per cent and months of supply of 1.5 months, the market remained relatively tight, and prices continued to rise. In July, the unadjusted benchmark price reached $576,600, nearly one per cent higher than last month and nine per cent higher than last year’s levels.

Okotoks

A pullback in sales relative to new listings helped support gains in higher inventory levels in Okotoks. While inventory levels are 25 per cent higher than last year, the 85 units still reflect exceptionally low inventory levels and are half the levels typically seen in July.

With a sales-to-new listings ratio of 78 per cent and months of supply of 1.3 months, conditions continue to favour the seller. While there have been some monthly price fluctuations, the unadjusted benchmark price in July reached $622,200, over six per cent higher than last July.

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

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

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I have sold a property at 108 790 Kingsmere CRESCENT SW in Calgary

Posted on July 19, 2024 by Sheldon Zacharias

Posted in Kingsland, Calgary Real Estate

I have sold a property at 108 790 Kingsmere CRESCENT SW in Calgary on Jul 18, 2024. See details here

Welcome to the Aurora of Chinook! This fabulous 1 bedroom condo is located in a well managed building and comes with titled underground storage and parking. Inside showcases clean modern finishings, bright South facing windows, and laminate flooring throughout the open concept living space. A stylish galley-style kitchen highlights quartz counters, stainless steel appliances, and efficient use of cabinet and counter space. The dining nook opens up to the massive living room complete with corner gas fireplace and sliding glass doors that lead to your south exposed balcony overlooking green space for the utmost privacy. The primary retreat presents a large window, walk-in closet, and can accommodate a king size bed. A full bathroom and in-suite laundry complete the package. Primely situated with all amenities within walking distance including, Chinook Mall, transit, shopping, parks, schools, several pubs/restaurants and minutes to RockyView Hospital. Priced at an exceptional value with low condo fees, this beautifully updated condo is one you won't want to miss.

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I have sold a property at 393 7030 Coach Hill ROAD SW in Calgary

Posted on July 19, 2024 by Sheldon Zacharias

Posted in Coach Hill, Calgary Real Estate

I have sold a property at 393 7030 Coach Hill ROAD SW in Calgary on Jul 18, 2024. See details here

Welcome to an exquisite 18+ adult living condo located in Odyssey Towers in the serene and well-established neighbourhood of Coach Hill. This stunning 9th floor residence combines modern comforts with the tranquil ambiance of a quiet community, making it an ideal place to call home. Step into the bright and airy dining and living rooms with large windows, that bathe the space in natural light showcasing the breathtaking mountain views. The open-concept design ensures a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or enjoying cozy family evenings. The contemporary upgraded kitchen is a chef’s dream, featuring high-end stainless steel appliances, Denca cabinetry for storage, and a convenient breakfast bar. Whether you're preparing a quick meal or hosting a dinner party, this kitchen is equipped to meet all your culinary needs. The condo boasts two generously sized bedrooms, each offering a peaceful retreat with carpeting, large closets, and plenty of natural light. The master bedroom includes an ensuite bathroom with marble vanity and shower in antique white, providing an extra touch of privacy and luxury. The second bedroom has a murphy bed for easy transitions from day to night, enabling plenty of room for use as a home office. A second full bathroom and ample-sized storage room finishes off the living space. If you desire more than the second bedroom for out of town visitors, a spacious guest suite can be booked for use within the same tower which includes a sitting area, queen sized bed, kitchenette, and 3 piece washroom. This unit also includes in-suite laundry and secure underground parking for added convenience and peace of mind. Step outside to your private balcony where you can enjoy your morning coffee or unwind after a long day while taking in the beautiful views of the surrounding area. Situated in the heart of Coach Hill, this condo offers the perfect blend of suburban tranquility and urban convenience. Enjoy close proximity to parks, walking trails, and recreational facilities. Shopping centers, restaurants, and schools are just a short drive away, and easy access to major roadways makes commuting a breeze. Meticulously maintained and tastefully updated with new flooring, this condo is move-in ready, allowing you to settle in and start enjoying your new home immediately.

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New property listed in Patterson, Calgary

Posted on July 9, 2024 by Sheldon Zacharias

Posted in Patterson, Calgary Real Estate

New property listed in Patterson, Calgary

I have listed a new property at 18 1220 Prominence WAY SW in Calgary. See details here

Rare find. Large 2529 sq ft of living space. beautiful yard, 3 large outdoor living areas, two car attached garage, all wrapped up in a great location!! Large front entry leads to hall with garage access and 2 pce bath. Up a few steps to the main level with large formal dining room with vaulted ceiling open to loft area. Large bright west window for plenty of light, hardwood floors thru out main floor. Renovated and updated kitchen offers a breakfast nook area and generous rich cabinets with granite counters and stainless steel appliances. New kitchen lighting with recessed pot lights and directional halogens. Kitchen and dining room areas are open to the massive great room with feature stone fireplace and wall of windows for lots of light. Sliding patio door to private welcoming deck area, yard with mature trees and landscaping. Up a few steps to the open loft area with skylight, overlooking main floor. Bedroom 2 is located on this level and offers 2 walk in closets , 4 pce ensuite bath and a sliding door to large sunny east facing deck with partial views. up a few steps to the amazing Primary bedroom. This bedroom is very spacious and features a vaulted ceiling, 4 pce bath and sliding door to another incredible outdoor living space. The ensuite is upgraded with large soaker tub, separate steam shower and extended vanity. The lower level is bright and open with large family room, kitchenette area and a flex room/den. Family room has additional stone fireplace, and the basement benefits from a bank of large slanted windows, providing a daylight walk out feel all day long. Double car garage if full size and easily handles 2 cars, driveway also hold 2 cars, so never a shortage of parking. This is an amazing unit with unusual large open space, beautiful setting and 3 outdoor living spaces. Condo is well run and self managed, with a very active board. Located in Prominence Point/Patterson this unit is close to all amenities and easy to get downtown or out of town. Pride of ownership thru out!! Heated floors in bathroom and front entry.

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I have sold a property at 10820 7 STREET SW in Calgary

Posted on July 5, 2024 by Sheldon Zacharias

Posted in Southwood, Calgary Real Estate

I have sold a property at 10820 7 STREET SW in Calgary on Jul 4, 2024. See details here

1182 sq ft 3 bedroom bungalow in wonderful location on a mature lot. Double detached garage. This bungalow is perfect for someone who wants to renovate or flip. Sunken living room with large west window joins large dining room area. Glass french doors to kitchen area. Kitchen has abundance of white cabinets, lots of room for eating area, two large windows for natural light. Appliances are all working but sold "as is" . 3 bedrooms on main floor including a larger primary. 4 pce bath with extra long vanity. Basement level features a large rec room area with corner fireplace, 3 pce bath, den, storage and laundry area. Double car detached garage, off street parking pad area. This home is close to shopping , schools and amenities.

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I have sold a property at 74 Kingsland VILLAS SW in Calgary

Posted on June 30, 2024 by Sheldon Zacharias

Posted in Kingsland, Calgary Real Estate

I have sold a property at 74 Kingsland VILLAS SW in Calgary on Jun 29, 2024. See details here

Beautiful contemporary unit in great location close to all amenities. Front drive single car attached garage and longer driveway. Lots of updates and upgrades. Front foyer area with tile floors and large entry closet as well as garage entry door. Main floor living room with new laminate flooring, extra high ceilings, corner gas fireplace, new patio door to deck area. Floor to ceiling windows give this room lots of natural light. Large Kitchen area with rich generous white contemporary cabinets, lots counter space and stainless steel appliances. Open to lower level. Family size kitchen nook area with bay window, Kitchen also has new laminate flooring. This lvel also has a 2 pce powder room with opening window, large banjo style vanity top and new flooring as well as a new toilet. Up the open stairs to bedroom level featuring 3 bedrooms. The primary bedroom has large walk in closet and a 3 pce ensuite with glass shower , new toilet and extra large vanity. All bedrooms have had new laminate flooring. There is a 4 pce bath for the other 2 bedrooms. Basement area has family room perfect for a tv lounge or gaming area. Bifold doors to laundry area. There is also a huge crawl space for added storage.

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New property listed in Kingsland, Calgary

Posted on June 28, 2024 by Sheldon Zacharias

Posted in Kingsland, Calgary Real Estate

New property listed in Kingsland, Calgary

I have listed a new property at 74 Kingsland VILLAS SW in Calgary. See details here

Beautiful contemporary unit in great location close to all amenities. Front drive single car attached garage and longer driveway. Lots of updates and upgrades. Front foyer area with tile floors and large entry closet as well as garage entry door. Main floor living room with new laminate flooring, extra high ceilings, corner gas fireplace, new patio door to deck area. Floor to ceiling windows give this room lots of natural light. Large Kitchen area with rich generous white contemporary cabinets, lots counter space and stainless steel appliances. Open to lower level. Family size kitchen nook area with bay window, Kitchen also has new laminate flooring. This lvel also has a 2 pce powder room with opening window, large banjo style vanity top and new flooring as well as a new toilet. Up the open stairs to bedroom level featuring 3 bedrooms. The primary bedroom has large walk in closet and a 3 pce ensuite with glass shower , new toilet and extra large vanity. All bedrooms have had new laminate flooring. There is a 4 pce bath for the other 2 bedrooms. Basement area has family room perfect for a tv lounge or gaming area. Bifold doors to laundry area. There is also a huge crawl space for added storage.

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I have sold a property at 87 Sienna Hills VIEW SW in Calgary

Posted on June 21, 2024 by Sheldon Zacharias

Posted in Signal Hill, Calgary Real Estate

I have sold a property at 87 Sienna Hills VIEW SW in Calgary on Jun 20, 2024. See details here

Rare find. Stunning estate home perched on ridge in private cul-de-sac with big city view, this 3,500 sq ft 2 story boasts 4 + 1 bedrooms, fully developed walk out basement, estate location in popular Sienna Hills. Large main entry with 2 story soaring ceiling and open stair well opens to large formal front living room area with lots of windows and stone double-sided fireplace that is open to the extra large family . Both living room and family room have French garden doors to outside balconies and hardwood floors. Family room is open to the extra large family breakfast nook with garden doors to generous outdoor deck area. The kitchen boasts abundance of beautiful white cabinets with huge island, large pantry and stainless appliances including an extra large side by side fridge/freezer. Plenty of gleaming black granite counter space, hardwood floors and wide array of pot lights to illuminate your cooking efforts. Enter the spacious formal dining room area with hand-painted designer walls, crown moldings, buffet area and garden doors to balcony. For anyone who entertains large groups, you will appreciate the sheer size of this dining area. Main floor office is off the front entry and has hardwood floors, crown moldings and pot lights as well as a large front window. Laundry area/mudroom has entry in from the large triple car garage and a 2 piece bath is located here also. Ascend the open stairs to the second level and the primary bedroom. This home boasts extra large bedrooms and anyone with a large family will appreciate the spacious bedrooms. The primary bedroom offers up super-size bedroom, pot lights, garden doors to balcony, 2-sided fireplace open to cozy sitting area. Amazing 5 piece ensuite bath with large jetted soaker tub, glass separate shower, huge double vanity. Separate makeup vanity and an actual dressing wing with two massive walk-in closets. Bedroom 2 also has garden doors to balcony. The other 2 bedrooms are also larger, perfect for teens. There is a 5 piece bath with separate vanity area and a separate shower, toilet and bath area. The lower walk-out level contains a City of Calgary certified secondary suite or use it just for the family. French doors lead to combined rec room/gym area and 2 piece bath. The kids can set up their gaming area here and there is a bright gym area with large windows. There is another large bright flex room perfect for hobbies, foosball or just hanging out. The 5th bedroom here again is a very generous size and has its own den/office/sitting area with 3 piece ensuite. The downstairs kitchen has bright white cabinets, fridge, stove, dishwasher, hood fan, microwave and lots of counter space as well as an eating area. Behind the kitchen is a large storage space. This home has had all poly b pipe removed, $130,000 recent new windows/doors, upstairs new Hunter Douglas blinds, 2 new central air conditioners. 2 new furnaces installed 4 years ago, new composite decking. Shingles replaced 8 years ago. Glass doors have slim shades

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