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New property listed in Evanston, Calgary

I have listed a new property at 410 15 Evanscrest PARK NW in Calgary. See details here

Experience the ultimate in modern living with this beautifully designed 2-bedroom, 2.5-bathroom townhouse situated in vibrant and sought-after community of NW Calgary, Evanston. This residence seamlessly blends spaciousness, contemporary finishes, and an array of desirable features to suit a variety of lifestyles. Upon entering, you are welcomed by an inviting foyer that leads to a versatile office/den space on the main floor. Perfect for those who work from home, need a quiet study area, or desire an additional lounge room, this space adapts to your needs with ease. The second floor boasts an open-concept living area, seamlessly connecting the kitchen, dining, and living spaces. The modern kitchen is equipped with stainless steel appliances, sleek countertops, and ample cabinetry, making it a chef’s delight. The adjoining dining area is perfect for both casual meals and entertaining guests. The living room, bathed in natural light from large windows, offers a cozy yet, stylish space for relaxation and socializing. This floor also features a convenient half-bath and a balcony adjacent to the kitchen, perfect for enjoying the outdoors. Upstairs, you'll find two generously sized bedrooms, each with its own ensuite bathroom. The primary bedroom features a spacious walk-in closet and a luxurious bathroom with an undermount sink, a large shower, and elegant fixtures. The second bedroom also offers ample closet space and a private bathroom, ideal for family members or guests. Additionally, the laundry area is conveniently located on this floor for easy access. Enjoy the convenience of an oversized attached single car garage, providing secure parking and additional storage space. Situated in a sought-after neighborhood, this townhouse is close to shopping centers, dining options, parks, and top-rated schools. Commuters will appreciate easy access to major highways and public transportation, making daily travel a breeze. Experience the perfect combination of modern amenities and a welcoming community atmosphere in this stunning 2 bed, 2.5 bath townhouse. Whether you’re a young professional, a growing family, or someone looking to downsize without compromising on quality, this home offers everything you need and more. Don’t miss the opportunity to make this your new residence – schedule a tour today and see all that this remarkable property has to offer!

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Future of Calgary Real Estate: Predictions and Trends

Calgary, known for its vibrant economy and stunning natural surroundings, has always been an attractive market for real estate investors, homeowners, and developers. As we look toward the future, it’s essential to understand the factors that will shape the market and the trends that will dominate. In this blog, we'll offer insights into where Calgary’s real estate market is headed, based on current data and expert opinions.

Economic Drivers and Their Impact

Oil and Gas Industry

Calgary’s economy is closely tied to the oil and gas industry. While this sector has faced volatility in recent years, recent signs of stabilization and growth could positively impact the real estate market. An uptick in oil prices and increased investment in energy projects could boost employment and economic confidence, leading to increased demand for housing.

Diversification of the Economy

Beyond oil and gas, Calgary is making strides in diversifying its economy. The tech sector, for instance, has been growing steadily, with several startups and tech companies setting up shop in the city. This diversification is likely to attract a younger, tech-savvy workforce, driving demand for both rental properties and homes for purchase.

Infrastructure Projects

Calgary has several major infrastructure projects underway or planned, including the Green Line LRT expansion. These projects will improve connectivity and accessibility, making certain neighborhoods more desirable. Improved infrastructure can lead to increased property values in affected areas.

Current Market Trends

Residential Market

Home Prices

According to recent data, home prices in Calgary have been on a gradual rise. This trend is expected to continue, albeit at a moderate pace. Factors such as economic recovery, low interest rates, and limited housing inventory contribute to this upward trend.

Rental Market

The rental market in Calgary is also seeing changes. With the influx of tech workers and young professionals, there is a growing demand for rental properties, particularly in urban centers and neighborhoods close to tech hubs. This trend is expected to persist, making rental properties a sound investment.

Commercial Real Estate

The commercial real estate market in Calgary is poised for growth, particularly in the office and industrial sectors. As businesses recover and expand post-pandemic, demand for office spaces is expected to rise. Additionally, the growth of e-commerce is driving demand for industrial spaces, such as warehouses and distribution centers.

Predictions for the Future

Increased Demand for Suburban Living

The pandemic has shifted preferences for many homebuyers, with a growing number seeking more space and suburban living. This trend is likely to continue, with neighborhoods on the outskirts of Calgary becoming increasingly popular. These areas offer larger homes, more green space, and a quieter lifestyle, appealing to families and those working remotely.

Sustainable and Smart Homes

Sustainability is becoming a key consideration for homebuyers. Calgary is likely to see a rise in demand for eco-friendly homes with energy-efficient features and smart home technology. Builders and developers who focus on sustainable practices and innovative technologies will be well-positioned to meet this demand.

Continued Growth in the Luxury Market

The luxury real estate market in Calgary has shown resilience, with high-end properties remaining in demand. This trend is expected to continue, driven by affluent buyers seeking spacious, well-appointed homes in desirable locations. Luxury condos, in particular, are gaining popularity among downsizing baby boomers and wealthy young professionals.

Potential Challenges

Interest Rates

While low interest rates have supported the housing market, any potential increases could pose a challenge. Higher borrowing costs might slow down the pace of home purchases, particularly among first-time buyers and those with tighter budgets.

Economic Uncertainty

Global economic uncertainties, including trade tensions and geopolitical issues, could impact Calgary’s real estate market. Investors and buyers will need to stay informed about these factors and how they might affect the local economy.

Expert Opinions

Real Estate Agents

Local real estate agents anticipate steady growth in Calgary’s housing market, with particular optimism about the suburban and luxury segments. They recommend that buyers and investors keep an eye on emerging neighborhoods and infrastructure developments.

Economists

Economists highlight the importance of economic diversification for Calgary’s long-term real estate prospects. They point to the growing tech sector and continued investment in infrastructure as key drivers of future growth.

Urban Planners

Urban planners emphasize the need for sustainable development and smart growth. They advocate for policies that support affordable housing, green building practices, and efficient public transportation to ensure the city’s real estate market remains robust and inclusive.

Conclusion

The future of Calgary’s real estate market looks promising, with several positive trends and developments on the horizon. Economic diversification, infrastructure projects, and changing buyer preferences will shape the market in the coming years. By staying informed and adapting to these trends, buyers, investors, and developers can capitalize on the opportunities that Calgary’s dynamic real estate market has to offer.

For personalized advice and up-to-date information, consider consulting with local real estate professionals who can provide insights tailored to your specific needs and goals.

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Understanding the Dynamics of Calgary's Real Estate Market: A Seller's Paradise

In Calgary's real estate landscape, the interplay of various factors has created a dynamic environment characterized by escalating property prices and a prevailing seller's market. This essay delves into the forces driving these trends, explores their implications, and offers insights into navigating Calgary's real estate market.

Factors Driving Price Escalation: Several factors contribute to the persistent rise in property prices in Calgary. Firstly, economic growth and job opportunities attract individuals and families to the city, increasing demand for housing. Additionally, limited land availability for development, coupled with stringent zoning regulations, constrains the supply of new housing units. Moreover, historically low interest rates incentivize borrowing and investment in real estate, further fueling demand and bidding wars.

The Dominance of the Seller's Market: Calgary's real estate market is characterized by a seller's paradise, where sellers wield significant bargaining power. With demand outstripping supply, sellers can command higher prices, often receiving multiple offers on properties within days of listing. This competitive environment has led to homes selling above asking price, creating challenges for buyers, particularly first-time homebuyers or those with budget constraints.

Implications for Buyers and Sellers: For buyers, navigating Calgary's real estate market requires diligence, patience, and flexibility. It often involves making swift decisions and being prepared to offer competitive bids. Buyers may also need to adjust their expectations regarding property features or location to secure a home within their budget. Conversely, sellers stand to benefit from favorable market conditions, enjoying quicker sales and potentially higher profits. However, they must still price their properties strategically and be prepared to negotiate terms with prospective buyers.

Mitigating Challenges and Maximizing Opportunities: To mitigate the challenges posed by Calgary's seller's market, buyers can employ various strategies. These include obtaining pre-approval for a mortgage, working with experienced real estate agents, and conducting thorough market research. Additionally, exploring off-market listings or considering properties that require renovation can provide opportunities for value acquisition. Sellers, meanwhile, should focus on enhancing their property's curb appeal, staging it effectively, and pricing it competitively to attract multiple offers.

Conclusion: Calgary's real estate market presents a complex landscape shaped by factors such as economic growth, supply constraints, and interest rate dynamics. The prevalence of a seller's market underscores the need for both buyers and sellers to adapt their strategies accordingly. By understanding the underlying dynamics, exercising diligence, and leveraging available resources, individuals can navigate Calgary's real estate market with confidence, whether they are seeking to buy, sell, or invest in property.

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I have sold a property at 453 South Point GLEN SW in Airdrie

I have sold a property at 453 South Point GLEN SW in Airdrie on Jan 10, 2024. See details here

This immaculate 2020 built 4 bed/3.5 bath open concept living home with beautiful landscaping & outdoor living space is a must see! Walking into this gorgeous home you'll find an open concept main floor with 9' ceilings, cozy front living room w/electric fireplace, mid kitchen featuring quartz counters, massive eat up island & pantry, and rear dining room, perfect for family gatherings. Completing the main floor is the good sized powder room & mud room area with custom millwork and bench w/hidden storage underneath. Walking out to the backyard you'll find a beautiful deck & pergola that steps down to a large patio and green space for little ones or furry family members to play! Completing the backyard is modern horizontal fencing & double detached garage with paved back alley! Back inside, the upper floor features 2 good sized secondary bedrooms & 4 pc main bath featuring quartz counters. The tranquil primary suite features a beautiful custom millwork feature wall, walk in closet with custom built ins & make up area and large ensuite featuring double vanity & quartz counters and huge shower. The upper level is completed with a laundry area w/stackable washer/dryer, making family laundry a breeze. Going to the lower level you'll find a private side entrance going down to the thoughtful fully developed basement featuring a large family room w/custom millwork feature wall, gathering space in the middle, good sized bedroom, 4 pc bath, additional laundry w/stackable washer/dryer and ample storage. Easy walking distance to 3 playgrounds & a primary school, basketball & tennis courts, picnic area, off leash dog park, 5 min drive to shopping & easy access to the new 40 Ave overpass to Hwy.2. This fantastic home will not last! Book your showing today!

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I have sold a property at 315 Whitman PLACE NE in Calgary

I have sold a property at 315 Whitman PLACE NE in Calgary on Sep 1, 2023. See details here

PERFECT FOR FIRST TIME HOME BUYERS WHEN YOU CAN LIVE UP AND RENT DOWN. Large living room on the main floor with a large kitchen. Addition to this, you will find 3 bedrooms and 2 washrooms on the main floor. Fully FINISHED ILLEGAL SUITE BASEMENT with two bedrooms, a 4pc washroom accompanied by a living room, kitchen, and a laundry. In addition, the basement has a SEPERATE ENTRANCE. Newer roof shingles, new paint, new siding, newly built basement with new window, new doors. NEWLY BUILT DOUBLE DETACHED GARAGE and STORAGE. NEWLY POURED CONCRETE ALL AROUND THE HOUSE. It is close to all the amenities bus stop, school, shopping nearby, playground. Hurry up as it won’t last long, call your favorite realtor and book a private showing today.

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I have sold a property at 219 36 Glamis GREEN SW in Calgary

I have sold a property at 219 36 Glamis GREEN SW in Calgary on Jul 7, 2023. See details here

Welcome to Glamis Green, the well maintained townhouse complex, located in the inner city community of Glamorgan! This charming two-storey townhome boasts 2 bedrooms, 2 bathrooms & an attached garage. Well thought out floor plan with the bedrooms being separate from the rest of the house. The bedrooms and a full bath are on the main level. The upper level consists of the living space which includes the open concept kitchen, living room & dining room. The kitchen features sleek granite countertops with a breakfast bar, ample cabinet space, and black appliances. You’ll also notice the amount of natural light on this level! Living area offers a spacious area to unwind in front of the gas fireplace. Off of the living room are sliding glass doors to the private balcony, where you can relax and enjoy your morning coffee. Additional highlights include in-suite laundry, plenty of storage space, low condo fees and an attached garage. Close proximity to schools, parks, shopping centers, and restaurants. Commuting is a breeze with nearby major roadways and public transportation options. Don't miss the opportunity to make this home your very own!

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I have sold a property at 1228 26 STREET SW in Calgary

I have sold a property at 1228 26 STREET SW in Calgary on Apr 26, 2023. See details here

** Price Reduced** ATTENTION INVESTORS & BUILDERS! Great opportunity! Purchase this corner lot in the heart of Calgary’s SW. Located strategically right by C-train station with full view of Shaganappi Golf Course with Water Feature right across the street and a breathtaking panoramic view of Downtown skyline at the back. This is your opportunity to build your Dream Home or 2 infills on lot size of 7200 sqft (60’x120’) with R-C2 zoning which means you can build single detached, side by side or duplex homes. It comes with the Development Plan, Structural Plan and Framing Plans for 2 infills and ready to start demo work by taking building permit from the City (by using same plans). Another booster for your project: Brookfield is developing its Crown Park project just at the back and selling townhomes for more than $800k which means endless opportunities for you. The home is mostly in original condition, but has been maintained over the years. Has a living area, kitchen, 2 bedrooms and a full bath on the main floor. Basement offers 1 bedroom, full bath, big entertainment room and lots of storage space. Land Value only as home and goods are being sold as is, where is.

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I have sold a property at 124 Castlebrook ROAD NE in Calgary

I have sold a property at 124 Castlebrook ROAD NE in Calgary on Mar 12, 2023. See details here

C/S till March 10 but we are open to BACK UP OFFERS. BEAUTIFULLY UPDATED / LEGAL SUITE / OUTSTANDING LOCATION/ Welcome to the new listing in Castleridge, Northeast Calgary! Phenomenal location for this updated, Legally suited home within walking distance to schools, transit, Shopping plazas and the always popular PRAIRIE WINDS PARK. This house has Great curb appeal with exposed aggregated concrete in the front yard, STUCCO EXTERIOR WITH SMART BOARD and fenced backyard. A move-in ready home that has been updated and boasts 5 bedrooms, 2-4pcs bathrooms. Upon entering this gorgeous home, you'll be greeted by a bright and spacious living room and dining room, Then there is a lovely open updated kitchen that features stainless steel appliances, high gloss modern sleek kitchen cabinets, Quartz counters through out with a center island perfect for entertaining guests. The main floor boasts new Luxury Vinyl Plank flooring along with newer windows that let in ample natural light. With three generously sized bedrooms and a full bath , this home is perfect for families of all sizes, also the Washer/dryer are stacked upstairs (plus second washer/dryer in basement). Heading to the lower level , you'll find a separate rear entrance leading to a 2-bedroom LEGAL SUITE which makes your mortgage approval easier, lower-level features open concept kitchen, with carpet and LVP flooring, soundproofed ceiling, stainless steel appliances, 2 Furnaces, new hot water tank with separate laundry and big windows with lots of natural light. This property is a must-see for anyone looking for a family or investment home in a great location. Book your showing today!

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I have sold a property at 3011 Oakmoor DRIVE SW in Calgary

I have sold a property at 3011 Oakmoor DRIVE SW in Calgary on Sep 2, 2022. See details here

EXTENSIVELY RENOVATED | 4 BED + 3.5 BATH | OVER 2200 SQFT | BUNGALOW IN OAKRIDGE! This elegantly remodeled 1970’s bungalow combines modern looks with high-end finishes and custom lighting. Located in the desirable community of Oakridge, facing Oakmoor park, a short drive to Southland Leisure center and Rocky View General Hospital. Nestled in the heart of the neighborhood, this home is drenched in natural light and surrounded by old-growth trees. Thoughtfully, and extensively reimagined inside and out, with modern amenities and contemporary finishes; while maintaining the mid-century appeal that makes this home so remarkable. As you enter, you’re greeted by a wide-open layout, a spiral staircase and abundance of natural light. The main floor space features a gourmet kitchen which is carefully crafted and finished with a long waterfall island, quartz countertops and upgraded appliances. The main floor features elegant flooring that compliments the grand spiral staircase and standalone fixture splitting the formal dining and living area. The primary bedroom features a 3 pc ensuite bathroom with custom shower along with walk-in closet. Additional 2 bedrooms as well as a 3-piece bathroom, finished with another custom shower and living room complete the main floor. The lower level is finished with a large rec room area that features a custom built entertainment unit, a wet bar and a bedroom with a Spa like Design 5 Piece Ensuite featuring a stunning free standing shower, his and her sinks and a large standalone tub. Outside you’ll be greeted by a huge deck, space for hot tub in fully fenced backyard with mature trees that make it a perfect place for spending time with your family. This stunningly designed family home is definitely a must see!!

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