Upgrades: roof in 2017, insulted double detached garage in 2017, fence in 2018, oven + washer + dryer in 2019. Gorgeous Fully Finished two storey home with fantastic curb appeal located on sought after street 2 minutes WALKING DISTANCE to McKenzie Towne K-4 School, close to transit and all amenities. Lovingly maintained and updated, this home impresses on all levels. Main floor opens to front living room with surround sound, open plan dining area and customized kitchen with maple cabinets, pantry, glass block details, peninsula island with eating bar & full back splash. Upstairs features main bathroom plus 3 good-sized bedrooms with laminate flooring & ceiling fans, including the oversized master bedroom with a W/I closet and full ensuite. Basement is fully finished wired for surround sound and hosts a separate electrical circuit for entertainment (TV, Blu-ray, game consoles, etc.) dedicated 15 amp. Laundry room features sink and storage. Storage area also hosts workshop. Large newer deck for family events, gardens and stone walkway. Welcome home!

Welcome home to 87 Edendale Crescent NW. This executive 2 storey split home is waiting for you! With 3710 sq.ft of fully developed space this home is calling for you, perfect for a large family with all the space that you will need. This home has been recently renovated and updated with an open floor plan. As you walk in you will find vaulted ceilings to above with plenty of sunlight pouring in. On the main level you have a huge living room and formal dining room enough to entertain all your guests. Do you need an office? Well look no further as you will find a main floor den. Enter into the family room and you will find a complete room with a fireplace, wet bar, and a sliding door that will lead you out to a new deck and a fantastic yard. In the kitchen you will find more than ample counter space for all your favourite recipes! As you go into the second level you will find an open to below nook/office with 3 big bedrooms. The master bedroom is HUGE! but wait, off the master bedroom you find a fantastic enclosed sunroom... perfect for you to wake up to, or to unwind after your long day. The master bedroom features a jacuzzi tub, complete with a stand up shower and also to complement it a skylight that will fill it with natural light. Wait, there is more! Fully developed basement with a recreation room, guest room and a full bath. Double front attached garage and located on a quiet street in the estates in Edgemont. Close to transit, with all amenities close by. This is the family home you have been waiting for. Don't miss out. Call your favourite Realtor now to book your private tour.

Stop! Look no further. Here is your opportunity to own a beautiful, and affordable townhome in New Brighton. This well maintained, freshly painted townhome boasts two master bedrooms each with its own ensuite, rich hardwood throughout the main floor, an abundance of natural light and an attached double garage. There is plenty of room for entertaining on the main floor with a separate dining area in addition to a breakfast bar. The well laid out kitchen is great for those that like to cook with plenty of space for additional storage if needed. Upstairs, you will find a brand new LG washer and dryer for your convenience between the two (that's right) master suites. Each master has a walk-in closet, ensuite bathroom and large windows for lots of natural light. From the front entry way, you will go down to the double attached garage and then on to an undeveloped space with huge windows that can be used as storage, or finished to add an office space or exercise area. This home is conveniently located to shopping, transit, schools and parks. Many year-round community amenities are available in New Brighton and are just waiting for you to discover. Book today for your private showing.

In 2020, housing markets across the country surprised many with a stronger-than-expected rebound in the second half of the year despite record-high unemployment rates and significant job losses.

Calgary did not hit record-high sales or prices in the third or fourth quarters, but still posted some of the strongest sales relative to the past five years. This was nearly enough to offset the initial losses recorded during the first shutdown caused by the pandemic.

It is expected some of the momentum recorded at the end of 2020 will continue into 2021, fuelled by exceptionally low lending rates and pent-up demand. While sales are expected to rise by nearly five per cent on an annual basis in 2021, persistent economic challenges are expected to prevent stronger growth in our housing market.

Reduction in supply relative to sales is the primary reason the Calgary housing market returned to more balanced conditions by the end of 2020. The pullback in new listings relative to sales activity resulted in inventory levels falling to the lowest levels seen in the past several years.

As we move into 2021, we anticipate new listings will start to rise, as COVID-19 likely caused many homeowners to delay listing their homes. We could start to see some supply come back in 2021, as concerns regarding the spread of the virus ease. Persistently high unemployment rates could also weigh on some existing homeowners who may need to sell their homes.

Growth in supply is expected to offset some of the gains in sales, pushing our market to the upper bounds of balanced conditions and slowing price recovery. However, the price gains that occurred at the end of 2020 are not expected to be eroded and 2021 annual prices are forecasted to improve by over one per cent.

NEW HOME & RENTAL

Slowing economic conditions spread to the new-home sector in 2020. Starts in the city declined by 22 per cent in 2020. Most of the decline was driven by multi-family starts, which had eased by 31 per cent. Slower starts contributed to the decline in new-home inventories from the peak levels recorded early in the year.

The slower activity in 2020 will help prevent further supply pressure to the market over the near term. Starts levels in 2021 are expected to remain low relative to historical levels. This will help slow the supply pressure coming from the new-home market.

Slower migration, combined with completions of new purpose-built rental product, is impacting rental market vacancies and rental rates. As it will take time for borders to open and international migration to return, the rental market is expected to continue to struggle into 2021.

According to Urban Analytics, newer purpose-built rental saw occupancy rates fall, as the addition of new supply created a challenging rental market. They also noted many landlords were providing free rent incentives and rental rate reductions.

With more projects expected to be completed over the next year and migration patterns expected to remain slow, absorption of the rental product will be slow, keeping vacancy rates slightly elevated and ensuring rent incentives will remain persistent in the market.

Low interest rates are likely encouraging many first-time homebuyers to enter the ownership market. However, ample rental supply, rental incentives and significant uncertainty in the economy could reduce any sense of urgency among current renters considering a shift into ownership, potentially preventing stronger sales growth in 2021.

Please read the full forecast here.

This EXTREMELY WELL CARED for home with WALKOUT BASEMENT, beautifully RENOVATED KITCHEN and HOT TUB in the tranquil yard is sure to impress. Situated on a QUIET CUL-DE-SAC in the lakeside community of Auburn Bay. FRESHLY PAINTED INSIDE AND OUT, a PLETHORA OF UPGRADES, CENTRAL AIRCONDITIONING, STYLISH DÉCOR, DESIGNER LIGHTING and an ABUNDANCE OF NATURAL LIGHT are the first of MANY EXTRAS that this stunning home offers. The MASSIVE, FULLY-RENOVATED KITCHEN is any aspiring chef’s dream come true with 2 EXPANSIVE BREAKFAST BAR ISLANDS THAT FEATURE QUARTZ COUNTERTOPS, WATERFALL EDGE AND FLUSH EATING BARS, WHITE SHAKER-STYLE CABINETS AND SUBWAY TILED BACKSPLASH are both gorgeous and practical, large pantry for extra storage and stainless steel appliances including GAS RANGE. CLEAR SIGHTLINES provide seamless interactions throughout the main level. Easily host in the adjacent dining room or relax in front of the WARM FIREPLACE in the inviting family room. Gather in the upper level BONUS ROOM with GRAND 9’ CEILINGS for some downtime with the family then retreat to the MASTER OASIS with plenty of ROOM FOR KING-SIZED FURNITURE, WALK-IN CLOSET and the LUXURIOUS SPA-INSPIRED ENSUITE BOASTING DUAL SINKS, DIGITALLY CONTROLLED STAND-UP SHOWER WITH BODY JETS, INDULGENT SOAKER TUB WITH CEILING MOUNT TUB FILLER AND AIR JETS. LAUNDRY IS ALSO CONVENIENTLY LOCATED ON THIS LEVEL along with 2 additional bedrooms, 4-piece main bathroom, handy workspace nook and a lovely balcony with neighbourhood views. WALKOUT through the large basement that awaits your dream development to the serene backyard, privately nestled amongst mature trees, enjoy a dip in the INCLUDED, COVERED HOT TUB or host barbeques on the deck, while the kids play in the grassy yard. Outdoor enthusiasts will love this PRIME LOCATION WALKING DISTANCE TO SCHOOLS and parks, close to the lake with fantastic year-round activities, off-leash dog park and mere minutes to Fish Creek Park, transit (and the proposed new LRT station) and South Health Campus.

Welcome Home! to London at Heritage Station. Just a mere stones throw away to all amenities such as Heritage LRT Station, Save On Foods, Banks and Tim Horton's in your own shopping center, attached by the parkade to the building. Building has on-site security and daytime concierge personnel to offer that extra touch of service and safety. Enjoy year round, heated, Indoor parking for you and your guests as well. There is a social room on the 17th floor which also leads to the outdoor patio where get a little escape and breath in the fresh air and adore those awesome mountains anytime! You will be impressed as you enter this building as you notice the large, well lit foyer with 3 elevators, broad hallways with stone accents around each doorway. This is a very stylish and well appointed building, and can match any new condo on the market today! The unit itself is very spacious and offers 9 foot ceilings and huge expansive windows for loads of natural morning sunlight and throughout the day with its NE exposure. Balcony door has phantom screen to let the breeze flow through and the new A/C will keep you cool on those really hot days . The entrance to the condo is quite spacious with double closets and an area for a desk or table too. The Maple kitchen has lots of cupboards and storage space with gleaming granite counters and all black appliances including a microwave oven. Your Master Suite is complimented by a 4 pc en-suite, complete with granite counter tops and tiled floors. Newer vinyl laminate flooring in the master suite to match the rest of the unit. The 2nd bedroom or den/office is very spacious as well and is just a step away from another 3 pce. bath, also with granite counters and tiled floors. Living Room is all windows and shows off that gorgeous downtown view as does the dining area which is very spacious and just off the east facing balcony. Pets are welcome with board approval. The whole experience leaves nothing out and the pedestrian bridge to the LRT is so close, you will be downtown in no time for work or the Flames game!

Auburn Bay Real Estate Market Report – July 2020

July 2020 was a pivotal month for the Auburn Bay community in Calgary, as the real estate market began to rebound following the challenges posed by the COVID-19 pandemic. This popular neighborhood, known for its beautiful lake, parks, and family-friendly atmosphere, continued to attract interest from homebuyers.

Market Overview: In July, Auburn Bay recorded 34 home sales.

• 21 SOLD Detached houses $388,000 - $1,416,000;

• 6 SOLD Duplex houses $330,000-$387,500;

• 1 SOLD townhouse at $341,000;

• 6 SOLD Apartment $230,000-$269,000.

Inventory and Trends: The current market features 36 active listings, offering a variety of housing options, including single-family homes, townhouses, and condos. Homes are selling at an average of 30 days on market (DOM), reflecting a balanced market where buyers are taking time to make informed decisions. Properties that are well-maintained and attractively priced are seeing quicker sales, often resulting in competitive offers.

Community Insights: Auburn Bay’s charm lies in its extensive amenities, including parks, pathways, and the picturesque lake that serves as a hub for outdoor activities. The community fosters a strong sense of belonging through events and gatherings, even amid pandemic restrictions. Additionally, the proximity to schools, shopping centers, and dining options enhances the quality of life for residents.

Looking Ahead: As we move into August, the Auburn Bay real estate market is expected to maintain its upward trajectory. The summer months typically bring increased buyer activity, creating opportunities for sellers. While competition may rise for desirable listings, buyers are encouraged to act swiftly to secure their preferred properties. Overall, Auburn Bay continues to be a vibrant and appealing community within Calgary’s evolving real estate landscape.

Contact us for a Free Home Evaluation.

For the latest community market report, SIGNUP HERE.

WELCOME!!! This beautifully upgraded home shows like new! A striking two-storey with walkout basement. Open floor concept with open to above living room, an incredible chef's kitchen enjoys s/s appliances, granite island/breakfast bar and adjacent walkthrough pantry with ample storage., a large main floor office, a spacious laundry room, a formal dining room and large breakfast nook. The upper level features a large bonus room, master bedroom, 2nd bedroom with 4pc ensuite and two other bedrooms. The walk-out basement is fully finished with two bedrooms and wet bar area. Mere blocks from the Aspen Landing shopping area, close all level schools and only 15 minutes to downtown, easy access to shopping centre. this spectacular home has everything a family could ask for!! Make it your new home today.

NE corner unit available with view of Bow River and Rocky Mountains. This home feature their signature kitchen design with built-in wall unit refrigerator, microwave, and oven. Gas stove-top offering additional draw units below. Granite counter-top and built-in dishwasher. Floor to floor glass windows, retreat to spacious living space. Conveniently located in West end downtown with easy access to Bow Trail and Memorial Drive. Walking distance to the LRT, 17th Avenue. Explore downtown within the free fare zone. Both Safeway and Co-op are in walking distance. Includes one titled underground parking stall and one titled storage locker. Additional measurement information: Office 8'2" x 6'11" Balcony is 9'6" x 7'2" Entry is 8'1" x 3'9"

WALKING distance to Dalhousie LRT station. Sir Winston Churchill High School! Home is move in ready with 2016 kitchen cabinet, loads of cupboard space. UPGRADES include 2015 vinyl windows, 2014 furnace, doors, light fixtures and outlets. Beautiful starter home in a fantastic location in the desired community of Dalhousie. Located on a quiet street and backs onto green space. Very functional layout with 2 bedrooms up, 2 bedrooms down and a full bath on each level. Large basement windows make this very useable space. Can easily change to LIVE UP, RENT DOWN.

The Alberta economy continues to struggle. 2019 marks the fifth year since oil prices first collapsed. Following widening price differentials and continued difficulties getting energy product to market, we saw governments step in with production curtailments. This helped narrow the spread on price, likely preventing further pullbacks, but it also weighed on energy investment activity and overall economic growth.

The continued challenges have caused Alberta to move into the category of slowest growing economy in 2019 compared to other provinces. Shifts to ease curtailments in 2020 and additional transportation capacity are expected to support some economic growth this year. However, global risk will likely create volatility in oil prices and Investment activity is not expected to change, remaining at half the levels that were seen prior to the 2014 oil price crash.

While several mechanisms have been put in place by the provincial government to encourage business investment and support diversification, at the same time, recent budget constraints could impact growth in the public sector. The shifts to encourage business investments will likely take longer to take hold, while the easing in the public sector will be more immediate. The result is an economy that is expected to be marginally better in 2020, keeping housing markets stable at lower levels in 2020.

TOP CONSIDERATIONS FOR 2020:

• A new normal in the market: supply adjusting to slower sales activity, providing conditions that are more supportive to a stable price environment.

• Market improvements are expected to be driven by gains for lower priced product, while easing prices and oversupply persist in the upper price ranges.

• Supply adjustments are expected to continue, helping to eventually push the market toward balanced conditions.

• Prices are expected to stabilize over the year, but remain just slightly lower than last year’s annual levels.

• Stable mortgage rates, previous price declines and job growth should support modest improvements in sales, but these will remain at lower levels.

• Employment risk weighs on the market, which could result in further declines in sales and prices.

Please read the full report here.

If you are looking in Evanston for a nice size starter home with 3 Bedrooms - 3 bathrooms - Washer & Dryer Upstairs where your clothes live! - Livingroom with a Gas Fireplace- Good sized Dining Room - Gourmet Kitchen with Stainless Appliances and a nice big Pantry - an un spoiled basement - SUNNY SOUTH backyard - Raised Deck and a Double Car Garage for a great price - here it is - Evanston is one of Calgary's newest Communities and a great place to call home.