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I have sold a property at 1307 1010 6 STREET SW in Calgary

I have sold a property at 1307 1010 6 STREET SW in Calgary on Apr 6, 2024. See details here

Discover the essence of modern urban living in the heart of Calgary's Beltline district at the prestigious 6th and Tenth building. This exceptional high-rise is renowned for its cutting-edge design and strategic location, offering a fantastic investment opportunity with Calgary's apartment condo market currently experiencing a robust 19% growth year over year, plus the benefit of no land transfer tax. Unit 1307, set on the 13th floor, is a beautifully appointed 415 sq ft residence designed for those who appreciate the fusion of convenience and style. This one-bedroom, one-bathroom unit is freshly painted and features an east-facing orientation, providing residents with breathtaking views of the Calgary Tower and the city's skyline, inviting natural light to flood the space and create a warm, welcoming atmosphere for your morning coffee. Inside, the modern-industrial aesthetic is highlighted by 10' exposed concrete ceilings and walls, offering a unique charm and character that sets this unit apart. Despite its compact size, the thoughtful layout maximizes the living space, ensuring comfort and functionality. Central air conditioning is a standard feature, ensuring a cool and pleasant environment throughout the year. Living at 6th and Tenth means having access to an array of premium amenities located on the second floor, including a fully equipped fitness centre, an expansive terrace with an outdoor swimming pool, and a shared kitchen/party room, perfect for entertaining guests or enjoying a quiet day at home. Furthermore, this building stands out for allowing short-term rentals (Airbnb/Vrbo, etc.), providing flexibility for those looking for ultimate versatility with their investment. Unit 1307 at 6th and Tenth represents a rare opportunity to own a piece of Calgary's vibrant urban landscape. Its unbeatable location, combined with the building's luxurious amenities and the unit's exceptional features, make it a highly desirable choice for anyone seeking to experience the best of city living. Contact your real estate professional today to explore the possibilities that await in this remarkable residence.

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I have sold a property at 5211 14645 6 STREET SW in Calgary

I have sold a property at 5211 14645 6 STREET SW in Calgary on Apr 16, 2024. See details here

This executive condominium is located in the highly desirable Beacon Hill complex! This residence offers 9ft ceilings, bright and open floor plan with a south/west exposure. The spacious kitchen is equipped with a breakfast bar, ample amount of counter space and cupboards (plus a pantry). In addition, separate living room area with a cozy fireplace, complemented by patio doors leading to a sunny patio. The large primary suite offers his/her closets, full ensuite bathroom to pamper yourself. Enjoy privacy with the second bedroom/den on the opposite side, perfect for guests or family members. Other highlights include: Stainless Steel Appliance Package! Wide Plank Laminate Flooring! New Light Fixtures! Refreshed Cabinets! New Back Splash & Counter Tops ….and so much more! The residents of Beacon Hill enjoy access to the many amenities: FITNESS ROOMS, GUEST SUITES, CAR WASH, WINE & WOOD SHOP areas, a PARTY ROOM, GAME ROOM, Storage Locker Room, Plus Heated Visitor Parking enhancing the overall living experience. Prime location with convenient access to walking/bike paths, Fish Creek Park, public transportation, LRT, shopping and dining ensuring a fulfilling lifestyle. Schedule a private showing today and make this sophisticated haven your new home!

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I have sold a property at 67 Herron RISE NE in Calgary

I have sold a property at 67 Herron RISE NE in Calgary on Mar 21, 2024. See details here

This stunning 2-storey Mid Century Modern home is located in the desirable Community of Livingston ,This home is a perfect mix of functionality and elegance, and is a beautiful retreat for your family. As you enter in to the foyer, you're greeted by a cozy yet elegant living room, perfect for entertaining. The main floor boasts a modern state of the art kitchen with a big convenient kitchen island, and stainless steel Appliances. The open dining area offers an ease for hosting gatherings, and beautiful 2pc bathroom ensures convenience for guests. On the upper level, you'll discover a luxurious primary bedroom featuring a 5pc ensuite bathroom with double vanities and a huge walk-in closet, for your comfort and privacy. Two more spacious bedrooms provide ample space and are serviced by an elegant 4pc bathroom. spacious bonus room on this level offers an ideal space for entertainment, and the upper floor laundry room is an added convenience . The basement has separate entrance a 9ft ceiling and is waiting for your artistic touch.This exceptional home is complete with a double attached garage, for your vehicles and additional storage space. Livingston is number 1 sort after community of Calgary , close to all amenities, parks, and all major transportation routes, Livingston is known for its amenities and family-friendly environment. there are parks, green spaces, and walking pathways, for outdoor adventures . The community's prime location is close to schools, shopping and restaurants, This elegant home offers a contemporary lifestyle for your family, Don't miss the chance to live your dream . book your showing today to feel this modern elegance.

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I have sold a property at 119 383 Smith STREET NW in Calgary

I have sold a property at 119 383 Smith STREET NW in Calgary on Apr 30, 2024. See details here

Discover the epitome of sophisticated living in this captivating ground floor unit nestled within the thriving University District's Maple building. Immediate possession awaits in this exclusive adult living (55+) community, offering a serene haven for seniors seeking independence and comfort. This property and location is ideally suited for an individual or couple who want to maintain independent living but have all the access right next door as described below. Now here is where you can save thousand's in your retirement. By living here you can save thousands per year instead of paying huge rent and fees to a seniors quasi independent facility.It truly makes a lot of sense. Elegance meets functionality in this meticulously designed space boasting lofty 9’ ceilings, complemented by stylish vinyl flooring throughout. The heart of the home beckons with a state-of-the-art kitchen adorned with luxurious quartz countertops, ceiling-height cabinetry, and gleaming stainless steel appliances. Entertain with ease as the open-concept layout seamlessly connects the kitchen to the inviting living and dining area, flooded with natural light pouring in through expansive windows.Step outside to your private oasis - a sprawling deck overlooking a meticulously landscaped courtyard, offering a tranquil retreat for morning coffees or evening stargazing. Meanwhile, residents are invited to indulge in an array of amenities and services conveniently located at Cambridge Manor next door, including dining options, fitness facilities, and salon services, ensuring a lifestyle of utmost convenience and luxury. Embrace the vibrant community spirit of University District, where an abundance of retail, dining, and entertainment options await just moments from your doorstep. With easy access to transportation, Sobeys, Market Mall, and prestigious educational institutions like the University of Calgary, this sought-after locale promises unparalleled convenience and connectivity. Seize the opportunity to call this exceptional residence home, where every detail has been thoughtfully curated to elevate your living experience to new heights. Don't miss your chance to immerse yourself in the luxurious, carefree lifestyle that awaits in this upscale 55+ community at the Maple building.

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I have sold a property at 212 Kingston WAY SE in Airdrie

I have sold a property at 212 Kingston WAY SE in Airdrie on Feb 1, 2024. See details here

This fully developed WALK OUT HOME is PERFECTLY situated on a QUIET CRESCENT backing the POND with VIEWS of the Kings Heights fountains, and walking paths. With over 3100sqft of developed space, and CENTRAL AIR, The original owners have thoughtfully maintained and developed this home with FAMILY in mind! The main floor features HIGH CEILINGS, ample storage in both the main and garage entrances, and an OPEN CONCEPT floorplan presenting an enormous CHEF’S KITHCEN, dining room and living room. The living room features a COZY GAS FIREPLACE flanked in STONE with a mantel. The GOURMET KITCHEN boasts magnificent GRANITE countertops, beautiful cabinetry with undermount lighting, a LARGE ISLAND, UPGRADED appliances, WALK THOUGH PANTRY and a coffee bar area. The dining room flows out onto the UPPER DECK for your morning coffee or BBQ’s with BEAUTIFUL VIEWS of the pond. The second floor of the home features a large bonus room with built in WINDOW SEATS, 2 large bedrooms, full bath, laundry room & the OVERSIZED MASTER SUITE that is complete with a SPA LIKE bathroom with double vanity & WALK-IN closet. The WALK OUT basement has been PROFESSIONALLY FINISHED with a large bedroom, full bathroom, office, rec room and a ton of storage space. Walking out onto the LOWER DECK you are greeted with a serene feeling of tranquil nature. The low maintenance yard features numerous trees for privacy, a dry river bed, artificial turf, garden area, and fire pit for summer nights around the fire. This home has been METICULOUSLY MAINTAINED and is located in one of Airdrie’s most desirable neighborhoods that is within WALKING DISTANCE to SCHOOLS, playgrounds, shopping, dog parks as well as QUICK ACCESS to Deerfoot Trail via the new 40th Avenue overpass for commuters.

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As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall.

However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline in apartment condominium sales. The 1,797 sales for November mirrored last year’s levels and remained 20 per cent above long-term trends for the month.

The significant shift lies in supply. Inventory levels rose to 4,352 units in November, a notable increase from the 3,000 units reported last year. Despite the recent gains, inventory levels remain below long-term trends for the month.

“Housing supply has been a challenge over the past several years due to the sudden rise in population,” said Ann-Marie Lurie, Chief Economist at CREB®. “Rising new home construction has bolstered supply in rental, new home and resales ownership markets. However, supply improvements vary significantly by location, price range, and property type.”

The months of supply have increased to over two months, representing a shift away from the extremely low levels seen earlier this year and in the past three Novembers, which reported under two months of supply. While these more balanced conditions are promising for potential buyers, many market segments still favour sellers.

Improved supply options have tempered the pace of price growth. Year-over-year gains range from nearly seven per cent for row homes to nine per cent for apartment-style units. The total residential benchmark price reached $587,900, reflecting a year-over-year increase of just under four per cent. This slower growth reflects a shift toward more affordable row and apartment-style units. Seasonally adjusted prices have remained stable over the past four months despite unadjusted prices trending down in line with seasonal patterns.

To read the full stats release on November's housing market for Calgary and surrounding areas, click here.

November 2024 housing market snapshot

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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Mastering the Art of Pricing: Your Key to a Successful Home Sale

When it comes to selling your home, setting the right price is a critical decision that can determine the success of your sale. This task, while seemingly straightforward, involves a complex interplay of market dynamics and personal expectations. Here’s how you can master the art of pricing your home effectively, ensuring a swift and profitable sale.

The Importance of Accurate Pricing

Understanding how to price your home correctly is crucial in today’s real estate market. Price it too high, and you risk turning away potential buyers, leaving your property to languish on the market. Set it too low, and you might sell quickly but at the cost of losing significant value on your investment.

Factors Influencing Home Pricing

Several key factors must be considered to set a competitive and fair market price:

  • Market Trends: Current market conditions—whether it's a buyer's or seller's market—can greatly influence how much people are willing to pay for a home.

  • Property Condition: The age of your home, its state of repair, and any upgrades or features can affect its overall value.

  • Comparable Sales: Also known as "comps," these are the prices of similar homes in your area that have recently sold. They serve as a benchmark for pricing your property.

The Role of a Real Estate Agent

Navigating the complexities of home pricing requires professional expertise. As a seasoned real estate agent, I utilize:

  • Real-Time Market Data: This keeps me updated on the latest market shifts and trends.

  • Comprehensive Comparative Analysis: By comparing your home to similar properties, I can gauge the most competitive and fair price.

  • Understanding of Local Nuances: Each neighborhood has its unique characteristics that can influence home values.

Crafting a Winning Strategy

Together, we will develop a pricing strategy that not only attracts a wide range of buyers but also maximizes your financial return. This strategy is not just about finding a number but about understanding the market and positioning your home as a desirable investment.

Ready to Sell?

The right pricing strategy makes a powerful difference. Don’t let common pricing mistakes diminish the potential of your home sale. If you’re planning to sell, let’s connect. With the right approach, we can ensure that your home is priced not just competitively but compellingly. Contact me today to get started, and let’s make your home sale a resounding success.

If you want to know what your home's estimated value in today's market maybe, reach out and we would love to help you .

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By CREB®

Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in September.

“We are starting to see a rise in new listings in our market. However, most of the listing growth is occurring in the higher price ranges,” said Ann-Marie Lurie, Chief Economist at CREB®. “While demand has stayed strong across all price ranges, the limited choice for lower-priced homes has likely prevented stronger sales in our market. While the challenges in the lower price ranges are not expected to change, improved supply combined with lower lending rates should keep demand strong throughout the fall, but without the extreme seller market conditions that contributed to the rapid price growth earlier this year.” 

New listings in September rose to 3,687 units, the highest September total since 2008. This rise in new listings compared to sales did support some inventory growth. September inventory levels pushed up to 5,064 units, nearly double the exceptionally low levels reported in the spring, but remain below the 6,000 units we typically see in September.

Improving inventory levels compared to sales is continuing to shift our market toward more balanced conditions. In September, the months of supply reached 2.5 months. While this is a gain over last year’s record low, conditions are still tilted in favour of the seller.

Additional supply in the market has taken some of the pressure off home prices over the past few months, following stronger-than-expected gains throughout the spring. In September, the unadjusted benchmark price was $596,900, slightly lower than last month but over five per cent higher than last year’s levels. Year-over-year gains ranged from nearly nine per cent growth for detached homes to nearly 14 per cent gains in the apartment condominium market. The gains for each property type outpaced the growth in total residential prices, mostly due to the shifting composition of sales.

To read the full stats release on September's housing market for Calgary and surrounding areas, click here.

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"SUITE" Talk

Exploring Secondary Suites: Maximizing Property Potential

Amidst rising inflation and interest rates, homeowners are increasingly seeking ways to leverage their properties for additional income. One savvy strategy is the addition of an accessory suite, whether for rental purposes or to accommodate family members. 

Understanding Accessory/Secondary Suites:

A secondary suite constitutes a self-contained living space within a property, typically featuring a private kitchen, bathroom, and separate entrance. These units can be integrated within the main dwelling, such as a basement apartment, or detached from it, like a laneway house or coach house.

Types of Secondary Suites:

While basement suites are familiar, other options include Garden and Garage Suites:

  • A garden suite is a small home separate from the principal residence, usually in a backyard. It has a kitchen, bed and bathroom separate from the principal home

  • A garage suite is a small home above a garage or attached to it. It has its own door, separate from the vehicle entrance and has a kitchen, bed and bathroom separate from the principal home.

  • A secondary suite is a small home located within the principal residence. It has a kitchen, bed and bathroom separate from the principal home.

Navigating Zoning Laws and Bylaws:

The feasibility of adding a secondary suite hinges on factors like property size and community Land Use Bylaws. Understanding these regulations is crucial in determining the type of suite permissible for your property.

Legal vs. unauthorized (illegal) suites:

  • Not all secondary suites are legal. Many existing units were created without proper authorization or fail to meet legal requirements.

  • Property owners must obtain authorization from their municipality and adhere to strict building codes to create and maintain a legal secondary suite. Legal suites in Calgary are eligible for a City of Calgary secondary suite sticker to show their legal suite status—secondary suite registration stickers never expire.

  • However, suite owners must maintain compliance with safety codes and any subsequent changes in regulations.

Calgary’s secondary suite registry:

  • In Calgary, a secondary suite is considered legal if it’s on the City’s Secondary Suite Registry.

  • The registry includes suites that have obtained all necessary permits and meet Alberta’s Safety Code requirements. 

Benefits of Legal Suites:

Legal suites offer several advantages, including eligibility for mortgage qualifications and potential financing benefits through rental income. However, maintaining compliance with safety codes and regulations is paramount for suite owners.

Seeking Guidance:

For homeowners considering legalizing an existing suite or developing a space for this purpose, consulting the local municipal planning department is crucial. They can provide guidance on the necessary permits and regulations to ensure compliance.

#legalsuites #investment #calgaryrealestate #foundationgroup

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Weird Things that will Increase the Value of a Home

Having an exterior deck, energy-efficient doors, and high-tech appliances are common features that improve a home’s value. 

Yet, some simple, even peculiar things can add value to a property. From Starbucks to celebrity power, here are a few:

Address number

Believe it or not, the house address number can impact a home's value. When a home has lucky numbers, they tend to sell for more.

Many cultures have lucky numbers that symbolize positive traits. For example, in Chinese culture, eight is the luckiest number as it’s associated with wealth, prosperity, success and status. On the other hand, in Judaism, the number 18 signifies good luck.

A research study by Property Reporter showed that in the United Kingdom, odd-numbered houses are typically worth £30,258 (~44,000 CAD) more than those that are even-numbered.

The Starbucks Effect

According to Canadian REALTOR® Tatiana Londono, properties close to a Starbucks statistically appreciate faster than those in other neighbourhoods.

The multi-billion-dollar coffee company has teams studying the demographics of an area and working closely with developers who have access to data about sales and growth potential of the areas.

This ensures that the locations they are opening will be a valuable investment for them.

Celebrity power

Whether it’s a mansion or a converted warehouse, if a famous person once lived in a home, it will be valued more at resale.

When celebrities live in a particular property or neighbourhood, other celebrities tend to be attracted to that property or neighbourhood, given there might be a certain level of privacy and exclusivity, adding more value to the home.

Tree-lined streets

Having healthy, beautifully lined trees flourishing on the street is another sign that a home’s value can increase. Vegetation adds vibrancy to a community and contributes to positive mental well-being.

Did you know? The City of Calgary provides trees at no cost through its Branching Out program. Applications open in the Spring.

#home #homebuyer #properties #yycrealestate #airdrierealestate #foundationgroup

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