I have sold a property at 1109 3820 BRENTWOOD ROAD NW in Calgary.
Wow! Stunning bachelor suite on 11th floor with beautiful west views. Unit has large outdoor patio off living room area. Abundant Euro style white cabinets with complete appliance package and in suite laundry with stacked washer dryer. Living area has Murphy bed which by night is a comfortable bed, when bed is up it has a fold down table for kitchen eating area, also offers lots of storage. 4 pce bath with tub and shower. Gym in building. Large storage cage #67 on main floor. Best location for Access to University just across the street. Super unit for students or great investment unit. Bachelor suites did not come with a parking stall so there is heated underground parking single stalls available for rent $95 - $130 per month. Beautiful southwest views of cop and mountains. All amenities very close. Including shopping and c train
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I have listed a new property at 307 Cantrell PLACE SW in Calgary.
Beautiful fully dev 1100 sq ft bilevel in hidden cul de sac with sunny south private yard backing onto green belt. Double front garage plus parking in driveway for 4 cars. Large front entry leads up to spacious front living room with bay window and maple hardwood floors. Dining room is open to kitchen and the living room and has large patio doors to extensive outdoor living area. The renovated kitchen has generous rich cabinets, lots of granite counters, tile floor, stainless steel appliances, including a large gas range for the chef and window overlooking the beautiful yard. Back hall has laundry area with lots of storage cabinets and man door to back yard. Down the hall is a renovated updated 4 pce bath plus the large primary bedroom and bedroom 2. This home boasts large family size bedrooms. The lower level offers 4 pce bath, two very large bedrooms with extra large windows and both bedrooms have large walk in closets. The family room has a feature fireplace with real stone and convenience of a gas log lighter. Large window for natural light, its the perfect hideaway for the kids. There are two storage areas in lower level. The garage entry is on this level and the oversize two car garage provides room for work benches and storage. This home offers extensive outdoor living with recently upgraded composite deck, powder coated railings and massive covered patio area. The manicured yard is private with abundant mature trees and lots of room for the kids to play on a nice level yard. There is a gate to green area in the back. Yard is showered with south sun. Underground sprinklers make upkeep easy. Central air conditioning will keep you cool during the summer. This home had new shingles 5 years ago and new doors and windows. New water heater a few years back and enjoy soft water from the water softener. This home is ready to just move right in!! Canyon Meadows is a great area with all amenities.
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I have sold a property at 5 Sienna Hills COURT SW in Calgary.
Rare opportunity to get a beautiful Custom built Bungalow by Maillot Homes. Located in Sought after Sienna Hills, this walk out bungalow is located on a large corner lot across from park. Front entry leads to a large living room and dining room combo with hardwood floors, great area for special occasions. Large front window for natural light. Step into this stunning kitchen with abundance of rich oak hand built cabinets, lots of granite counter space, built in phone desk, large pantry and nook area with side bay window for light. Ceramic tile floor and a garden door to side deck area that wraps around the entire house and has been redone with composite deck material and aluminum and glass railing. . Kitchen and nook are wide open to spacious family room with brick fireplace nestled between extensive oak built in book cases and entertainment center. Hardwood floors, extra large window. The main floor features a large laundry room/mud room with wide array of built in cabinets and both a side door entry and garage man door entry. Primary bedroom is extra big and boasts a garden door to sunny back south deck, extra large bay window and a large 3 pce ensuite bath and lots of room in the walk in closet. Next to the second bedroom is a 4 pce bath. Second bedroom makes a great guest room, kids room or office. This home has had all the poly b plumbing replaced, has a new high efficiency furnace, newer 50 year guarantee rubber/asphalt shingle roof and this home is completely wheel chair friendly if needed. The walk out basement is undeveloped and waiting for your ideas. There is roughed in plumbing and a wide array of extra large windows making lots of options for development. There is a second fireplace installed and ready to go. This home is ideally located in Signal Hill for quick access to all amenities, lrt. shopping, schools, parks.
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I have listed a new property at 5 Sienna Hills COURT SW in Calgary.
Rare opportunity to get a beautiful Custom built Bungalow by Maillot Homes. Located in Sought after Sienna Hills, this walk out bungalow is located on a large corner lot across from park. Front entry leads to a large living room and dining room combo with hardwood floors, great area for special occasions. Large front window for natural light. Step into this stunning kitchen with abundance of rich oak hand built cabinets, lots of granite counter space, built in phone desk, large pantry and nook area with side bay window for light. Ceramic tile floor and a garden door to side deck area that wraps around the entire house and has been redone with composite deck material and aluminum and glass railing. . Kitchen and nook are wide open to spacious family room with brick fireplace nestled between extensive oak built in book cases and entertainment center. Hardwood floors, extra large window. The main floor features a large laundry room/mud room with wide array of built in cabinets and both a side door entry and garage man door entry. Primary bedroom is extra big and boasts a garden door to sunny back south deck, extra large bay window and a large 3 pce ensuite bath and lots of room in the walk in closet. Next to the second bedroom is a 4 pce bath. Second bedroom makes a great guest room, kids room or office. This home has had all the poly b plumbing replaced, has a new high efficiency furnace, newer 50 year guarantee rubber/asphalt shingle roof and this home is completely wheel chair friendly if needed. The walk out basement is undeveloped and waiting for your ideas. There is roughed in plumbing and a wide array of extra large windows making lots of options for development. There is a second fireplace installed and ready to go. This home is ideally located in Signal Hill for quick access to all amenities, lrt. shopping, schools, parks.
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Record high sales seen again in March

City of Calgary, April 1, 2022 – For the second month in a row, sales activity not only reached a monthly high but also hit new record highs for any given month. Gains occurred across every property type as they all hit new record highs.

An increase in new listings this month helped support the growth in sales activity. However, inventories have remained relatively low, ensuring the market continues to favour the seller. 

“While supply levels have improved from levels seen over the past four months, inventory levels are still well below what we traditionally see in March, thanks to stronger than expected sales activity,” said CREB® Chief Economist Ann-Marie Lurie. “With just over one month of supply in the market, the persistently tight market conditions continue to place significant upward pressure on prices.”

With an unadjusted benchmark price of $518,600 this month, the monthly gain increased by another four per cent. After three consecutive gains, prices have risen by nearly $55,000 since December and currently sit nearly 18 per cent higher than last year’s levels.

Despite the strong start to the year, price gains and rising lending rates are expected to weigh on demand in the second half of this year. Nonetheless, persistently tight conditions will likely continue to impact the market over the next several months.
 
Detached

Sales continued to surge in March reaching record highs, thanks to a boost in new listings. Year-over-year sales growth occurred in every district of the city except the City Centre. The pullback in the City Centre is likely related to the significant drop in new listings, providing less choice for potential buyers.  

The months of supply for detached homes has been below one month since December. The exceptionally tight conditions have had a significant impact on home prices. The benchmark price for detached properties rose to $620,500 in March, which is over $73,000 higher than December levels and 20 per cent higher than levels recorded last year. Gains in prices have also caused a significant shift in the distribution of homes, where over 57 per cent of the available supply is priced over $600,000.

Semi-Detached

Semi-detached sales posted another record month of sales and year-to-date sales are over 43 per cent higher than last year. Improvements in new listings helped support some of the growth in sales but did little to improve the inventory situation.  

Inventory levels remain relatively low, causing the months of supply to remain nearly 70 per cent lower than long term trends for this time of year. Tight conditions caused prices to trend up again this month, for an unadjusted monthly gain of nearly four per cent. Prices trended up across all districts and are 16 per cent higher than last March. Year-over-year price gains have ranged from a low of nine per cent in the City Centre to a high of nearly 22 per cent in the North district.

Row

Row sales reached an all-time record high this month, contributing to year-to-date sales of 1,550 units, which is a 96 per cent increase over last year. An increase in new listings helped support the strong sales. However, inventory levels have been steadily declining compared to the previous year and are at the lowest March levels seen compared to the past seven years. Strong sales this month combined with the lower inventory levels saw the months of supply push below one month.

The persistently tight conditions have placed significant upward pressure on prices. In March, the benchmark price reached $335,400, which is over four per cent higher than last month and nearly 17 per cent higher than last year. While strong gains have occurred across all districts of the city, the North East, North West, South and East districts have not yet recorded full price recovery from their previous highs.

Apartment Condominium

Apartment sales continued to surge in March, contributing to the best start of the year on record. The sudden shift in demand could be related to less supply choice in lower price ranges for other property types, causing many to turn to the condominium market. The rise in sales has outpaced the growth in new listings, causing inventories to ease compared to last year and the months of supply to drop to the lowest recorded since 2007.

After several months of tight conditions, we are seeing upward pressure on prices. In March, the benchmark price rose to $265,900 – nearly three per cent higher than last month and six per cent higher than last year. The recent gain in price has helped support some price recovery in this sector, but prices remain over 11 per cent below previous highs.
 
 
 
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