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I have sold a property at 475 Huntley WAY NE in Calgary

I have sold a property at 475 Huntley WAY NE in Calgary on Jan 29, 2024. See details here

This investment property offers a peaceful and serene lifestyle in a highly desirable and thriving community. Its attractive features include an open concept living area, modern appliances, a beautifully spacious yard and separate entry to the property for a future suite to be built. The property's quiet surroundings and nearby amenities offer a balance between peaceful living and city life. Whether for investment or personal use, this property is worth considering. ***Please note this property is an Estate Sale and is being sold in "as is" condition.

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New property listed in Cochrane, Cochrane

I have listed a new property at 242 River Heights GREEN in Cochrane. See details here

OPEN HOUSE SATURDAY & SUNDAY JANUARY 20th & 21st, 1-3PM***Full Virtual Tour, Video, More Photos & Detailed Floor Plan available - see links. ***Welcome to your new abode! A tranquil retreat in one of Cochrane's most charming communities awaits you. Nestled on a sprawling pie-shaped lot, this stunning home is a sanctuary that has everything you need. Entering the open and airy main floor, the room extends upwards to greet you with 9-ft ceilings and built-in speakers that serenade you with your favorite tunes. A cozy fireplace beckons you to curl up with a good book, while a handy office nook offers a tranquil workspace. As you move towards the dining area, the kitchen will win your heart with its bath of natural light, streaming in from the southwest-facing backyard. Equipped with stainless steel appliances, lustrous granite counters, a deep double granite sink, and a chef's dream of a gas stove, the kitchen offers a delightful culinary experience. Ascending the stairs, you'll discover a spacious primary suite that offers respite from the world with a stand-up shower, soaker tub, and a walk-in closet. Two more bedrooms, a bonus room wired up for a home theatre, and, yes, upper floor laundry, complete the floor plan. Outside, a beautiful two-tiered composite deck awaits, beckoning you to enjoy the BBQ, plenty of seating, and a vast yard with a cozy fire pit. It's rare to find a newer home with such ample outdoor space, but you've found it!And the cherry on top? The heated, insulated, oversized garage is a haven for any handy person, with additional side entry, ample upper storage, and even a 220 power outlet. So come on over and experience the warm, cozy ambiance of this lovely home. To see the yard in all its summer glory and to understand the privacy all the trees provide, take a walk through the home in my 3D tour.

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Open House. Open House on Saturday, January 20, 2024 1:00PM - 3:00PM

Please visit our Open House at 242 River Heights GREEN in Cochrane. See details here

Open House on Saturday, January 20, 2024 1:00PM - 3:00PM

OPEN HOUSE SATURDAY & SUNDAY JANUARY 20th & 21st, 1-3PM***Full Virtual Tour, Video, More Photos & Detailed Floor Plan available - see links. ***Welcome to your new abode! A tranquil retreat in one of Cochrane's most charming communities awaits you. Nestled on a sprawling pie-shaped lot, this stunning home is a sanctuary that has everything you need. Entering the open and airy main floor, the room extends upwards to greet you with 9-ft ceilings and built-in speakers that serenade you with your favorite tunes. A cozy fireplace beckons you to curl up with a good book, while a handy office nook offers a tranquil workspace. As you move towards the dining area, the kitchen will win your heart with its bath of natural light, streaming in from the southwest-facing backyard. Equipped with stainless steel appliances, lustrous granite counters, a deep double granite sink, and a chef's dream of a gas stove, the kitchen offers a delightful culinary experience. Ascending the stairs, you'll discover a spacious primary suite that offers respite from the world with a stand-up shower, soaker tub, and a walk-in closet. Two more bedrooms, a bonus room wired up for a home theatre, and, yes, upper floor laundry, complete the floor plan. Outside, a beautiful two-tiered composite deck awaits, beckoning you to enjoy the BBQ, plenty of seating, and a vast yard with a cozy fire pit. It's rare to find a newer home with such ample outdoor space, but you've found it!And the cherry on top? The heated, insulated, oversized garage is a haven for any handy person, with additional side entry, ample upper storage, and even a 220 power outlet. So come on over and experience the warm, cozy ambiance of this lovely home. To see the yard in all its summer glory and to understand the privacy all the trees provide, take a walk through the home in my 3D tour.

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Open House. Open House on Sunday, January 21, 2024 1:00PM - 3:00PM

Please visit our Open House at 242 River Heights GREEN in Cochrane. See details here

Open House on Sunday, January 21, 2024 1:00PM - 3:00PM

OPEN HOUSE SATURDAY & SUNDAY JANUARY 20th & 21st, 1-3PM***Full Virtual Tour, Video, More Photos & Detailed Floor Plan available - see links. ***Welcome to your new abode! A tranquil retreat in one of Cochrane's most charming communities awaits you. Nestled on a sprawling pie-shaped lot, this stunning home is a sanctuary that has everything you need. Entering the open and airy main floor, the room extends upwards to greet you with 9-ft ceilings and built-in speakers that serenade you with your favorite tunes. A cozy fireplace beckons you to curl up with a good book, while a handy office nook offers a tranquil workspace. As you move towards the dining area, the kitchen will win your heart with its bath of natural light, streaming in from the southwest-facing backyard. Equipped with stainless steel appliances, lustrous granite counters, a deep double granite sink, and a chef's dream of a gas stove, the kitchen offers a delightful culinary experience. Ascending the stairs, you'll discover a spacious primary suite that offers respite from the world with a stand-up shower, soaker tub, and a walk-in closet. Two more bedrooms, a bonus room wired up for a home theatre, and, yes, upper floor laundry, complete the floor plan. Outside, a beautiful two-tiered composite deck awaits, beckoning you to enjoy the BBQ, plenty of seating, and a vast yard with a cozy fire pit. It's rare to find a newer home with such ample outdoor space, but you've found it!And the cherry on top? The heated, insulated, oversized garage is a haven for any handy person, with additional side entry, ample upper storage, and even a 220 power outlet. So come on over and experience the warm, cozy ambiance of this lovely home. To see the yard in all its summer glory and to understand the privacy all the trees provide, take a walk through the home in my 3D tour.

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It’s 2024 and here is what you need to know!

It is the beginning of another year and as we prepare for the coming months, it is a privilege to keep you all “in the know”. We expect the interest rates to hold steady or even lower over the next 6 months or so. With this said, be prepared for a staggering amount of activity and competition amongst buyers should the rate lower even slightly.

  1. Price increases are not over. We are expecting an 8% increase over the next 12 months.

  2. We hope to see a New Year surge of new listings come on the MLS over the next few weeks.

  3. The great Calgary Migration continues!

As December wrapped up, we were left with about 45 days’ worth of inventory with the average listing in Calgary being on the market about 33 days. Our sales again exceeded our new listings so our inventory continues to struggle. With the new year and the holidays behind us we expect new listings to finally hit the market. This is good news for those that have been seeking and hoping to find a home under the current conditions.

Do I buy now or wait for an interest drop?

There are a couple of things to consider here. First of all, with continued migration to Calgary and ongoing low inventory levels we are expecting an 8% increase in home prices over the next 12 months. With just that consideration alone it would be prudent to get in quickly. The other consideration is that as soon as there is a drop in Canada’s prime rate, there will be a flurry of offers on that exact property that you are hoping for. This type of activity is what is going to drive prices up this year. So, the short answer is no, do not sit on the fence. In 2024 the early bird gets the worm.

What if I have a home to sell?

What’s important to remember here is if you are buying in the same market that you will be selling in, you want to be in the market when there are other homes available for you to purchase whether you are moving up to a larger home or downsizing. It is the entire picture that is important. Yes, we want to optimize your net sales proceeds, but you will also want to consider the market environment you will be negotiating your purchase in.

“Sales in 2023 did ease relative to last year’s peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic.” -CREB

Our benchmark Price $570,100

We finished our 2023 with a 10.7% price increase over 2022. Our current inventory rests at around 2200 homes available in the city of Calgary. That is a 44% decline over the 10 year average. Translation? Very low!

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.