Housing market set for favourable lead into spring

Detached prices stabilize as city-wide inventory trends down


After a long period of disconnect between supply and demand, Calgary's detached housing sector is firmly in balanced territory. Sales were still 10 per cent below long-term trends in March, but above levels seen in recent years, while average inventory declined compared to last year, supporting price stability in the detached market.

"It's not so much that demand went through the roof in March, but that we had less supply come onto the market, which is really helping to balance things out," said CREB® president David P. Brown. "These changes are lifting the cloud of uncertainty for housing consumers and nicely positioning our market as we move into the more active spring season."

Unadjusted detached benchmark prices totaled $503,900 in March, 0.4 per cent above last month and similar to levels recorded last year. Meanwhile, Apartment and attached prices continue to remain well below levels recorded last year.

"Market conditions are quite different in the apartment sector," said CREB® chief economist Ann-Marie Lurie. "The additional supply coming from the new home sector is not easily reversed and the added competition is continuing to weigh on prices in the higher density sectors of the market."

City-wide inventory levels totaled 5,114 in March, 16 per cent below last year's levels. This is primarily driven by the 25 and 17 per cent contraction in the detached and attached markets. Inventory levels in the ownership apartment sector remain three per cent higher then levels recorded last year.

"The housing market transition in the first quarter appears to be consistent with trends in the labour market," said Lurie. "However, the way the rest of the year unfolds will be largely determined by what happens in the next two quarters, as nearly 60 per cent of all housing sales typically occur in that time frame."

 

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 282 CITADEL PEAK CI NW in Calgary.
PRICED TO SELL,EXCELLENT CORNER LOT, BRIGHT OPEN MAIN FLOOR PLAN WITH HARDWOOD THROUGHOUT, ISLAND KITCHEN WITH DINING NOOK, 2ND LEVEL HAS NEW LAMINATE FLOORING WITH 3 BEDROOMS INCLUDING GOOD SIZE MASTER, 4 PCE ENSUITE BATH, CORNER SOAKER TUB, SHOWER AND WALK IN CLOSET, BRIGHT FULLY DEVELOPED LOWER LEVEL EGRESS WINDOW, LARGE REC ROOM, DEN, STORAGE AND 4 PCE BATH. 18' X 20' DOUBLE ATTACHED GARAGE, LARGE BACK YARD WITH WEST EXPOSURE AND 2 TIER DECK
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I have sold a property at 2 1628 29 AV SW in Calgary.
You will be amazed by the space of this executive inner-city living at its finest in this beautiful 3-storey Marda Loop townhome featuring hardwood on all 3 levels above grade and 9' ceilings. With 2361 sqft of developed space including a fully-finished basement, this is one of the largest townhomes in the area. The main floor has an open floorplan perfect for entertaining from your chef's kitchen with upgraded stainless steel appliances, high-end granite countertops, and breakfast bar. The custom open-rise maple stairs lead you to the 2nd level featuring the large master bedroom with downtown views, huge walk-in closet, and exquisite ensuite bath showcasing floor-to-ceiling tile. The second bedroom also features a huge walk-in closet and spacious 4pc ensuite bath. The 2nd floor is a well-thought out plan with the bedrooms separated by the laundry room. The sun-drenched 3rd level features and ideal location for home office...click for additional remarks. fitness room, theatre, or bonus room.Amazing downtown views from this level as well as a south facing deck with gas line ensuring the perfect setting for social gatherings. The basement features a large flex room, 3 pc bathroom, large 3rd bedroom with closet and additional walk-in closet/storage room. Additionally the home has a large 13'x20' deck with gas line off the back and 1 stall in the quad garage directly behind the unit. Ideally located close to Garrison Woods, Marda Loop, 17th Ave shops and downtown.
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I have sold a property at 45 Rossdale RD SW in Calgary.
Incredible value in this extra wide semi-detached home in Rosscarrock on a 32 foot wide lot. If you are tired of the long skinny infill floorplan, this home is a must see. The south facing backyard will have you enjoying the sun all day long. Main floor open foyer has 9' ceilings, stained maple hardwood floors, private office, mudroom with built-is & deck access from the eating nook. The stunning 2-way fireplace feature wall defines the living room and large gourmet kitchen - with walk-in pantry, quartz counter tops, stainless steel appliances & full height rift cut oak cabinets. Extra-wide, open-riser staircase leads to the 2nd level, featuring a large, bright master with 5 piece ensuite bath, laundry room & 2 more spacious bedrooms with a Jack & Jill bath. Fully finished basement with an expansive family room, huge wet bar, large 4th bedroom with walk-in closet, 4 piece bath plus extra storage and radiant in-floor heating. Irrigation with rain sensor is included, and built-in alarm. Double detached garage is insulated, drywalled, mudded and taped.....it is ready for paint.
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I have listed a new property at 2 1720 KENSINGTON RD NW in Calgary.
Welcome to this high-end energy efficient LEED certified 3-bedroom townhome in Kensington with 1735 sqft (RMS) developed space on 3 levels with A/C. This beautiful unit features roof-top solar panels, triple glazed windows, and $15,000 of LED light fixtures/bulbs throughout. The main level features an open concept chef’s kitchen with gas stove and granite counter-tops perfect for entertaining with adjacent eating area and living room with an ambiance setting gas fireplace. Upstairs will greet you with the master bedroom, large walk-in closet and 4pc en-suite bath with an incredible steam shower and skylight. In addition, you will find the 2nd bedroom with a 4pc en-suite bathroom and upstairs laundry. The fully-developed basement has an incredible flex room perfect for watching your sports or favorite movie, 3rd bed room and 3pc bathroom. Speakers are built-in throughout the home to enjoy your favorite tunes. The rear deck/yard is fully fenced with a BBQ gas line.
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I have listed a new property at 517 ASPEN MEADOWS HL SW in Calgary.
Incredible value per square foot in Aspen Woods Estates in this big beautiful "New York" style, 4 level, 2,995 sq.ft loft in West 17 with a private elevator. Featuring a chef's kitchen, Wolf gas range, Subzero cabinet refrigerator, commercial hood fan and quartz stone counter tops. There are two large bedrooms on the second floor, one with a luxurious en suite bath as well as the master suite. The huge master has a large walk-in closet and an expansive, spa like en suite bath. The top floor loft area has exposed brick abound and a full wall wet bar with a wine cooler and built-in media unit. There is a 3rd bedroom on the top floor as well with an adjacent 4 pc bathroom. Balconies adorn every storey of the unit taking advantage of the mountain views. On the lower level is an oversized, heated two car garage and a large storage/mechanical room. Very close to the new West LRT, West Side Rec Center and Aspen Landing Shops.
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I have listed a new property at 264 WILDWOOD DR SW in Calgary.
OPEN HOUSE Sunday April 9th (1-4pm) Not often does an opportunity like this present itself. This amazingly located 70'x120' lot backs onto the ridge in Wildwood containing hundreds of acres of park reserve. The view of the Bow River valley is stunning and a second story could get downtown views as well due to the park reserve bordering the lot on the east side of the property allowing unobstructed views. The walkout bungalow has 1688 sqft above grade, 3 bedrooms up, great sun-drenched dining room with access to the patio and a living room that takes advantage of the view. Downstairs is fully developed with a large flex room that could be used as another bedroom, large bedroom, 3pc bathroom and a very cozy (large) family room. This property is a great candidate for an extensive renovation or to build your dream home.
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Please visit our Open House at 264 WILDWOOD DR SW in Calgary.
Open House on Sunday, April 9, 2017 1:00PM - 4:00PM
OPEN HOUSE Sunday April 9th (1-4pm) Not often does an opportunity like this present itself. This amazingly located 70'x120' lot backs onto the ridge in Wildwood containing hundreds of acres of park reserve. The view of the Bow River valley is stunning and a second story could get downtown views as well due to the park reserve bordering the lot on the east side of the property allowing unobstructed views. The walkout bungalow has 1688 sqft above grade, 3 bedrooms up, great sun-drenched dining room with access to the patio and a living room that takes advantage of the view. Downstairs is fully developed with a large flex room that could be used as another bedroom, large bedroom, 3pc bathroom and a very cozy (large) family room. This property is a great candidate for an extensive renovation or to build your dream home.
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I have sold a property at 1717 Suffolk ST SW.
Good sized bungalow on a huge treed lot in desirable Upper Scarboro. Lots of potential and options in this 1500 sqft above grade Bungalow with 3 up and 2 down bedrooms. Sitting on a east/west facing 60x125 lot with a reverse slope with full views of Downtown. Great location and minutes to Downtown, LRT, dog parks, desirable schools, trendy 17th Ave, proposed Calgary Next, and the river valley. Comes with approved DP, site plans, and architectural drawings for a beautiful 2 storey 4600 sqft above grade infill designed by Avenue magazine recognized Gravity Architecture. Build your dream home or hold and rent as it is a great way to lank bank in one of only a few R-C1 inner city communities. Call now for more details and access.
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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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I have listed a new property at 211 1720 10 ST SW in Calgary.
Incredible location, steps away from 17th Ave is this stylish BRAND NEW 1 bedroom 1 bathroom condo in TEN. With 563 sqft, this floor plan is flowing and functional that utilizes every bit of space effectively with contemporary wood flooring and large windows. Ultra modern kitchen, stainless steel appliances, quartz cabinets, subway tile backsplash, pantry, and breakfast bar. Very spacious master bedroom with walk-through, dual closets plus access to the main bathroom. The unit also has in-suite laundry, titled underground parking and 5 visitor stalls plus separate storage locker. Great location in Lower Mount Royal with a walkscore of 94 with access to all the best restaurants and shopping.
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We have just a couple of neighborhoods left to go in our community profiles of Calgary's westside, so let's jump right in. This week's featured community is Signal Hill whose homes border the hills above Signal Hill Shopping Centre and can be seen from Sarcee Trail and Richmond Road.

 

One of the larger communities on the hill, Signal Hill is essentially made up of two neighborhoods, Sienna Hills and Signal Ridge. Being such a vast area, it is bordered to the north by 17th Avenue, 69th Street to the west, Sarcee Trail to the east and Richmond Road/Glenmore Trail to the south. Our map below shows its location on the West Side.

 

 

 

 

 

 

As we have included with the other zones and communities, we will dissect a little of the demographic information on this community. Looking at Signal Hill, the last census of 2014 reflected a population of 13,763 in the community, the largest on the hill. Data shows 17% of the population is under 15 years old, 58% are between 20-64 years, and lastly 17% of the population is over 65 years. Ninety-two percent of dwellings in all of Signal Hill are occupied by owners, which is very high and quite desirable. Like Springbank Hill, there are more variety of dwelling types in the community, but like all the communities on this hill, the majority of homes in Signal Hill are single-family homes, making up 78% of the neighborhood. Duplexes and townhomes show a 5% and 6% representation, respectively, but another majority are apartments, coming in at 11%.

 

The median age is 44 and is listed as a community that is overwhelmingly English-speaking since only 2% of the population doesn't speak English. The median household income is very comparable to the other communities on the hill coming in at $103,328.  According to CREB, 127 detached homes sold in 2016 with an average price of $666,866, with prices ranging from $479,000-$2,949,000. Attached homes sold 34 in number with an average price of $422,382 with a range between $250,000-$660,000. 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 Signal Hill.

 

 

 

 

In terms of placement in the city, Signall Hill is perfectly placed for essentially everything. From the community, a quick drive east along Highway 8, Richmond Road, or 17th Ave connects you to downtown, but heading east to get out of town is just as fast and convenient.

 

The 69th Street C-train station is just on the edge of the community. The most obvious shopping opportunities lie below at the foot of the hill 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. Likewise immediately and conveniently within the neighborhood is West Market Square which has plenty to offer, including the highly reputable Sunterra Market. Everything is truly within reach. 

 

A newer Fire Station is just down 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 few steps away. Like all the other neighborhoods on this hill, Signal Hill is medically serviced by Foothills or Rockyview 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. Near by there is  Waldorf School and the Calgary French & International Schoolfor 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 down highway 1 heading West. 

 

In the Calgary Public School district, Battallion Park SchoolGlenbrook School, and A.E. Cross are designated elementary and junior high schools. The public high school designated throughout is Ernest Manning. 

 

In the Catholic District, St. Gregory and St. Thomas Aquinas are schools designated for these areas. In addition, Holy Name 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 Signal Hill.

 

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 Signal Hill are encouraged to join the Signal Hill Community Association. A household membership costs just $25 annually, but the perks are great and designed to be engaging and fun.

 

Lastly, Signal Hill has a significant piece of history to boast of. The land to the southern ends of the community was known as the Sarcee Indian Reserve. During World War I, part of the land was leased to the Canadian Forces as a prospective training site for military personnel. The numbers on the hill that you can see from Signal Hill and West Hills shopping centers represent the numbers corresponding to the battalions that trained there. Forty-five thousand men belonging to the 151st, 137th, 113th, and 51st battalions spent their time in training camps in this region before going abroad to fight as Canadian soldiers. There are a total of 16,000 whitewashed stones commemorating these soldiers. Only '113' remains in its original location while the other three sets of numbers have been moved from their original location to where they are today. Every Remembrance Day there are celebrations and memorials taking place in Batallion Park-be sure to join in this year! 

 

Thanks again for tuning in this week on Signal Hill-we hope you have learned something new about this dynamic community. Next week we review Discovery Ridge-stay tuned! 

 

 

Mark

 

 

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Please visit our Open House at 517 ASPEN MEADOWS HL SW in Calgary.
Open House on Sunday, February 12, 2017 1:00PM - 4:00PM
OPEN HOUSE Sunday Feb 12th (1-4pm) Incredible value per square foot in Aspen Woods Estates in this big beautiful "New York" style, 4 level, 2,995 sq.ft loft in West 17 with a private elevator. Featuring a chef's kitchen, Wolf gas range, Subzero cabinet refrigerator, commercial hood fan and quartz stone counter tops. There are two large bedrooms on the second floor, one with a luxurious en suite bath as well as the master suite. The huge master has a large walk-in closet and an expansive, spa like en suite bath. The top floor loft area has exposed brick abound and a full wall wet bar with a wine cooler and built-in media unit. There is a 3rd bedroom on the top floor as well with an adjacent 4 pc bathroom. Balconies adorn every storey of the unit taking advantage of the mountain views. On the lower level is an oversized, heated two car garage and a large storage/mechanical room. Very close to the new West LRT, West Side Rec Center and Aspen Landing Shops.
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I have listed a new property at 517 ASPEN MEADOWS HL SW in Calgary.
OPEN HOUSE Sunday Feb 12th (1-4pm) Incredible value per square foot in Aspen Woods Estates in this big beautiful "New York" style, 4 level, 2,995 sq.ft loft in West 17 with a private elevator. Featuring a chef's kitchen, Wolf gas range, Subzero cabinet refrigerator, commercial hood fan and quartz stone counter tops. There are two large bedrooms on the second floor, one with a luxurious en suite bath as well as the master suite. The huge master has a large walk-in closet and an expansive, spa like en suite bath. The top floor loft area has exposed brick abound and a full wall wet bar with a wine cooler and built-in media unit. There is a 3rd bedroom on the top floor as well with an adjacent 4 pc bathroom. Balconies adorn every storey of the unit taking advantage of the mountain views. On the lower level is an oversized, heated two car garage and a large storage/mechanical room. Very close to the new West LRT, West Side Rec Center and Aspen Landing Shops.
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I have listed a new property at 2 1628 29 AV SW in Calgary.
OPEN HOUSE Sat Feb 11th (1-4pm) You will be amazed by the space of this executive inner-city living at its finest in this beautiful 3-storey Marda Loop townhome featuring hardwood on all 3 levels above grade and 9' ceilings. With 2361 sqft of developed space including a fully-finished basement, this is one of the largest townhomes in the area. The main floor has an open floorplan perfect for entertaining from your chef's kitchen with upgraded stainless steel appliances, high-end granite countertops, and breakfast bar. The custom open-rise maple stairs lead you to the 2nd level featuring the large master bedroom with downtown views, huge walk-in closet, and exquisite ensuite bath showcasing floor-to-ceiling tile. The second bedroom also features a huge walk-in closet and spacious 4pc ensuite bath. The 2nd floor is a well-thought out plan with the bedrooms separated by the laundry room. The sun-drenched 3rd level features and ideal location for home office, fitness room, theatre, or bonus room... Amazing downtown views from this level as well as a south facing deck with gas line ensuring the perfect setting for social gatherings. The basement features a large flex room, 3 pc bathroom, large 3rd bedroom with closet and additional walk-in closet/storage room. Additionally the home has a large 13'x20' deck with gas line off the back and 1 stall in the quad garage directly behind the unit. Ideally located close to Garrison Woods, Marda Loop, 17th Ave shops and downtown.
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Please visit our Open House at 2 1628 29 AV SW in Calgary.
Open House on Saturday, February 11, 2017 1:00PM - 4:00PM
OPEN HOUSE Sat Feb 11th (1-4pm) You will be amazed by the space of this executive inner-city living at its finest in this beautiful 3-storey Marda Loop townhome featuring hardwood on all 3 levels above grade and 9' ceilings. With 2361 sqft of developed space including a fully-finished basement, this is one of the largest townhomes in the area. The main floor has an open floorplan perfect for entertaining from your chef's kitchen with upgraded stainless steel appliances, high-end granite countertops, and breakfast bar. The custom open-rise maple stairs lead you to the 2nd level featuring the large master bedroom with downtown views, huge walk-in closet, and exquisite ensuite bath showcasing floor-to-ceiling tile. The second bedroom also features a huge walk-in closet and spacious 4pc ensuite bath. The 2nd floor is a well-thought out plan with the bedrooms separated by the laundry room. The sun-drenched 3rd level features and ideal location for home office, fitness room, theatre, or bonus room... Amazing downtown views from this level as well as a south facing deck with gas line ensuring the perfect setting for social gatherings. The basement features a large flex room, 3 pc bathroom, large 3rd bedroom with closet and additional walk-in closet/storage room. Additionally the home has a large 13'x20' deck with gas line off the back and 1 stall in the quad garage directly behind the unit. Ideally located close to Garrison Woods, Marda Loop, 17th Ave shops and downtown.
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I have sold a property at 43 EVERSTONE PL SW in Calgary.
Welcome to this great 2-bedroom 949 sq.ft townhome in Evergreen. This end unit in a row of 4 townhomes is close to Shawnessy YMCA, the public library, schools, Shawnessy Shopping Centre, Spruce Meadows, Highway 22X and is within walking distance to Fish Creek Park, Calgary Transit routes and other amenities. With an unfinished basement, attached garage and open floor plan (combining the kitchen, living room and dining area) on the lower level and 2 bedrooms (master bedroom with a walk-in closet on the North side and second bedroom on the South side), a 4-piece bath and linen closet on the upper level this is a property suited to a wide variety of people from first-time buyers to those who are looking to downsize. Large windows and glass patio doors allow in natural light and unrestricted views to greenspace and trees surrounding this property. The complex itself features a small playground and visitor parking (in two separate locations).
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Springbank Hill is up for our analysis and review this week, so without further delay, here are some stats and details we have uncovered for you.

 

One of the larger communities on the hill, Springbank Hill is conglomerate of several communities located in the vicinity-Springborough, Summit of Montreux, Springbank Hill, The Slopes, Anatapi, and Spring Valley. Being such a vast area, it is bordered to the north by 17th Avenue, 69th Street to the east, Highway 8 (Glenmore Trail) to the south, and on the west side, it is bordered by 101st Street. Our map below shows its location on the West Side.

 

 

 

 

 

 

 As we have included with the other zones and communities, we will dissect a little of the demographic information on this community. Looking at Springbank Hill, the last census of 2014 reflected a population of 9,640 in the community, where 23% of the population is under 15 years old, 63% are between 20-64 years, and lastly 6% of the population is over 65 years. Eighty-six percent of dwellings in all of the sub-communities of Springbank Hill are occupied by owners, which is quite desirable. Being so large, there is more variety of dwelling types in the community, but like all the communities on this hill, the majority of homes in Springbank Hill are single-family homes, making up 76% of the neighborhood. Duplexes and townhomes show a 6% and 2% representation, respectively, but another majority are apartments, coming in at 16%.

 

The median age is 35 and is listed as a community that is overwhelmingly english-speaking, since only 2% of the population doesn't speak English. The median household income is very comparable and almost equal to surrounding communities, and is coming in at $135,385.00. According to CREB, 138 detached homes sold in 2016 in Springbank Hill with a range price of $479,000-$2,949,000. For attached homes, 24 properties changed title in 2016 with a range price of $355,000-$1,100,000. 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 Springbank Hill. As seen on the map, in the last 6 months, there have only been 33 reported incidents, the majority being theft from which is the most common offense on the West Side.

 

 

 

 

In terms of placement in the city, Springbank Hill is perfectly placed for downtown access and for a quick zip out of town. From the community, a quick drive east along Highway 8 or 17th Ave connects you to downtown, but the same roads heading west allow you to escape the city and hit the mountains in no time. Best of all, upon returning from the hills, you’re home in minutes upon entering city limits-this is a huge attraction for any and all of the communities on this side of town!

 

The 69th Street C-train station is just up the hill and connected by buses, 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. Take a look at the Landing's website to become more familiar with what is literally offered there and if you can’t find what you’re looking for, then West Hills and Signal Hill Shopping Centres will surely get you covered. Likewise and very close by, West Market Square has plenty to offer, including the highly reputable Sunterra Market. Everything is truly within reach. 

 

A newer Fire Station is just down 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 few minute’s drive away. Like all the other neighborhoods on this hill, Springbank Hill is medically serviced by Foothills or Rockyview 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. With so many kids in the area, residents are truly blessed to have the opportunity to decide where to send their kids. Very close by are Webber Academy and Calgary Academy, though closest along 17th Avenue is Rundle College. Close by there is of course 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 down highway 1 heading West. 

 

In the Calgary Public School district, Battallion Park School, Glenbrook School, and A.E. Cross are designated elementary and junior high schools. Griffith Woods School is scheduled to be opened in September 2017 and will be K-9 school servicing the community of Springbank Hill. Of course, the public high school designated throughout is Ernest Manning. 

 

In the Catholic District, St. Gregory and Sir John Costello are schools designated for these areas. In addition, Holy Name 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 Springbank Hill.

 

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 Springbank Hill are encouraged to join the Spring Bank Hill Community Association. A household membership costs just $25 annually, but the perks are great and designed to be engaging and fun.

 

Thanks again for tuning in this week-Springbank Hill has a variety of beautiful houses and locations for you to pick from to find your dream home, so if there is anything you'd like to see or if you have any questions, I'm always available to talk or meet up. Next week, we profile Signal Hill. Stay tuned, stay warm! 

 

 

Mark

 

 

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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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