With phones in our pockets and purses, there is so much information we can find out for ourselves on any topic nowadays. But, though we are massively informed, we are not experts. A few times we've been asked 'why hire a realtor?' and so this week we'd thought we'd share some reasons why using our services is actually to your advantage when looking to buy or sell a home.

 

For starters, we have neighborhood knowledge. Though we can work in any area of the city, we become familiar with certain zones and neighborhoods and hence, are able to offer detailed information about crime, schools, demographics, neighborhood activities and trends. If you've followed along with our blogs, you will be aware that our area of expertise is Calgary's West side in the south west. 

 

We are able to provide price guidance and negotiation on your behalf. We hold your information confidentially, but we work to represent you and aim to get you the best price and deal in buying or selling your home. If you are happy with your price, we are happy. It's truly as simple as that. 

 

The amount of paperwork can be daunting, and luckily, we work hard to make it easier on you. We know what part of the paperwork is more urgent than others, what needs to be filed when, and ensure nothing is omitted. As a client, you are already swamped, celebrating, and emotionally engaged in your transaction and hence, we are more than happy and experienced to do the paperwork for you. 

 

We are educated and licensed to understand the industry. We are accountable to the Real Estate Council of Alberta and this body governs all that we do. We have invested the time to get licensed and continue to attend talks, seminars, and sessions within our brokerages to remain up to date. This also allows us to answer any questions you may have before, during, and after the purchase or sale. Questions always surface because there is so much going on during the transaction, and things often come up later that you might have not thought of earlier. 

 

The more we spend time with you, the more we can understand you as a client. Therefore, with our background knowledge and access to market information, we can save you time and act as a buffer to show you properties that suit your specifications the best. In the same breath, we can provide referrals for contractors or other services that may be required in your home, because we deal with such a wide range of issues.

 

And lastly, we truly like what we do. Buying a home is one of life's biggest purchases and experiences. Knowing that our time and knowledge facilitates to make this an easier process for you is the essence of our role. 

 

Mark. 

 

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We are down to our last neighborhood profile in southwest Calgary’s Westside-Discovery Ridge! This community sits at the most southern edge of this region and in a sense is isolated because it is bounded by Highway 8/Glenmore Trail to its north, 69th Street to its east, Rocky View county and Calgary's city limits to the west and the Tsuu T'ina First Nation reserve and a natural boundary of the Elbow River to its south. The map below portrays where it is located.

 

 

 

As we have included with all the other zones and communities, we will dissect a little of the demographic information on this community. Looking at Discovery Ridge, the last census of 2014 reflected a population of 4,462 in the community, Data shows 24% of the population is under 15 years old, 61% are between 20-64 years, and lastly 8% of the population is over 65 years. Generally speaking, Discovery Ridge is a young neighborhood. Eight-five percent of dwellings in all of Discovery Ridge are occupied by owners, which is very high even if it is one of the lowest percentages of owner-occupation on the hill. Like the other communities on the west side, there are a variety of dwelling types in the neighborhood but the majority of homes in Discovery Ridge are still single-family homes, making up 56% of the neighborhood. Duplexes and townhomes show a 6% and 4% representation, respectively, but another majority are apartments, coming in at whopping 34%.

 

The median age is 38 and is listed as a community that is overwhelmingly English-speaking since only 1% of the population doesn't speak English. The median household income is very comparable to the other communities on the hill coming in at $134,226.  According to CREB, 44 detached homes sold in 2016 ranging from $549,9000-$1,750,000 with an average price of $905,558. Attached homes numbered 4 in sales for 2016, ranging from $448,000-$685,000 with an average price of $541,000. For more information and as with all our information sources, you can view more concise details by visiting the City of Calgary’s neighborhood profiles, found here.

 

Moving onto crime details, below is a map depicting the crime stats over the last 6 months for Discovery Ridge. Being somewhat isolated, the crime stats are very low, deeming Discovry Ridge to be a very safe neighborhood. 

In terms of placement in the city, Discovery Ridge is truly perfectly placed for essentially everything. From the community, your first touch-point is Highway 8 so you can easily take a left and escape out of the city limits, or take a right and get closer to all amenities in town.

 

The 69th Street C-train station is just on the northern reach of 69 Street, straight out of the neighborhood. The most obvious shopping opportunities lie at the foot of the junction of Glenmore Trail with Highway 8 in West Hills and Signal Hill Shopping Centres. Aspen Landing Shopping Centre is very close by and offers grocery stores, coffee shops, dry cleaners, banks, doctors, dentists, dance studios, clothing stores, a spa and heaps more.

 

A newer Fire Station is just up 69 Street, and if you feel like going for a run, a swim, a climb, or skating with your kids, West Side Recreation Centre is literally a short drive away. Like all the other neighborhoods on this hill, Discovery Ridge is medically serviced by Foothills or Rocky View General Hospital, but also a quick drive into downtown to 4th Street will take you to the Sheldon M. Chumir Urgent Care Centre. 

 

Schools representing the private sector are found immediately within the area and kids are bussed or driven to the public sector schools. Very close by are Webber Academy and Calgary Academy, though closest along 17th Avenue is Rundle College. Nearby there is  Waldorf School and the Calgary French & International School, for those families that choose to send their kids to private schools. Lastly, should your child be athletically gifted, the Edge School for Athletes is a short drive up 101 Street which connects eventually to Highway 1 heading West. 

 

In the Calgary Public School district, Bishop Pinkham, Jennie ElliotCentral Memorial High School and Ernest Manning are all the schools covering all grades that feed into this area. 

 

In the Catholic District, St. GregoryHoly Name, Sir John Costello, and St. Michael's Catholic Schools are also taking in students. St. Mary's High School and Bishop Carroll are currently the designated high schools in the Catholic district for Discovery Ridge.

 

For places of worship, like all the communities on the West Side, there are many to choose from in the area. St. Michael's Catholic Church just up 85th Street is very close, as is the Bethel United Reformed Church, and the New Apostolic Church. A short drive south towards 17th Avenue, there is the Calgary Islamic Centre and on 69th Street there is the Korean Presbyterian Church and First Lutheran Church.

 

Residents of all the communities in Discovery Ridge are encouraged to join the Discovery Ridge Community Association. A household membership costs just $25 annually, but the perks are great and designed to be engaging and fun. Within the community itself is a gorgeous network of paths and area to access nature, known as Griffith Woods. Donated by the Griffith family from their estate, it has been preserved as the perfect escape to nature within City limits.

 

Thanks again for tuning in this week on Discovery Ridge and all the other profiles we have presented. If you have any questions about any of the communities, feel free to contact us at any time. Next week, we will write about the role and benefit of working with a realtor in the first place. We take lots of pride in doing the backstage work in making your experience of buying your dream home as smooth as possible. Shortly, we will also start moving east and profile all the communities from here to Marda Loop-lots of great information to share!!

 

 

Mark

 

 

 

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Detached sales activity boosts February housing market

 

 

After the first two months of the year, Calgary's detached sector continues to drive a slow transition in the housing market. February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over the past two years.

 

As sales kept trending upward, detached inventory levels continued to ease in February. These conditions caused months of supply to fall to 2.4 months, putting less downward pressure on pricing. Unadjusted detached benchmark prices totaled $501,900 in February, which is one per cent lower than prices recorded last year, but slightly higher than January figures.

 

"There seems to be a new sense of optimism these days," said CREB® president David P. Brown. "Some sellers are feeling upbeat about the changing landscape and the improved chances of selling their home. Other people are looking at the spring market with caution and wondering if we're going to see a higher than expected surge of listings. While there's less product on the market right now, sellers still need to be realistic with their pricing."

 

The amount of excess inventory eased in the overall market in February, setting the stage for a transition to a more stable market this year. Months of supply totaled 3.4 months, down from five months over last February. At the same time, the sales-to-new-listings ratio trended from a near record February low of 39 per cent last year to 55 per cent this February.

 

With sales improving and new listings and inventories contracting—two key measures of market balance, there's good evidence to show that the housing market has started a trend toward more balanced conditions.

 

"The transition in the housing market appears to be underway," said CREB® chief economist Ann-Marie Lure. "However, it is important to note that this change is primarily being driven by improvements in the detached market and stability in the labour market."

 

"It will take some time for these conditions to translate into all housing segments and achieve price recovery," said Lurie. "But all indicators continue to point toward a slow transition from a contracting market toward one that is stabilizing at lower levels."

 

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

 

The full Calgary region monthly stats package will be available later today on creb.com.

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
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