Welcome to your new home in the charming SW Calgary Community of Bridlewood! This end unit townhome with an attached garage offers over 1500 square feet of comfortable living space. As you enter through the front door, you're greeted by a versatile ground level featuring a family room/office space on your left, or a private craft room or den to your right, complete with patio doors leading to the outside. Venture up the stairs to the main level, where a spacious living room awaits, boasting a cozy gas fireplace and patio doors opening to the upper deck. Adjacent to the living room is the dining area, conveniently connected to the heart of the home, the kitchen. Continue up another set of stairs to discover three bedrooms, each generously sized. The primary bedroom is a serene retreat, complete with its private ensuite bathroom. Also located on this level is the convenient upper laundry. This townhouse also offers practical amenities including a single garage with driveway space, as well as ample visitor parking just steps away. The location couldn't be more convenient, with a greenspace park just down the road leading to a K-9 Catholic School and within walking distance to a K-6 public school. Plus, enjoy easy access to Spruce Meadows, where you can immerse yourself in horse events, craft markets, and more. Don't miss the opportunity to make this property your next home sweet home! Schedule a viewing today and add this gem to your must-see list.

In January 2024, Auburn Bay continues to be a vibrant community within Southeast Calgary, offering a mix of recreational amenities and a family-oriented environment. The real estate market shows promising activity as the new year begins.

Property Types

Auburn Bay features a range of property types, appealing to various demographics:

1. Single-Family Homes

   • Price: $688,500 - $ 1,110,000

   • Number of Listings: 40

   • Sales: 22 homes sold

   • Days on Market (DOM): 23 days

2. Townhouses

   • Price: $315,000 - $495,000

   • Number of Listings: 30

   • Sales: 8 townhouses sold

   • DOM: 21 days

3. Condos

   • Price: $238,900 - $415,000

   • Number of Listings: 18

   • Sales: 12 condos sold

   • DOM: 30 days

Market Trends

• Steady Activity: The market has maintained steady activity, with a reasonable number of listings and sales, reflecting buyer interest despite the winter season.

• Competitive Sales: Single-family homes, in particular, continue to attract competitive offers, resulting in quicker sales.

• Pricing Trends: While prices for single-family homes have seen slight increases, townhouses and condos remain relatively stable, indicating balanced market conditions.

Conclusion

The Auburn Bay real estate market in January 2024 is active and demonstrates a healthy mix of listings and sales across different property types. With continued interest and competitive sales, both buyers and sellers can navigate the market effectively as the year progresses.

Rising lending rates have had a notable impact on the housing sector, prompting potential buyers to search for more affordable housing options. Simultaneously, some potential sellers have refrained from listing their homes to avoid the consequences of higher rates. The decrease in new listings at lower price points has likely hindered overall sales activity, particularly as lower-priced properties contributed to declines in sales during 2023. Despite a moderation from record-high levels, strong migration growth and a robust labour market have kept sales well above long-term trends.

While international migration has influenced rental markets, resulting in increased rental gains and heightened demand from investors, interprovincial migration from higher-priced markets in British Columbia and Ontario has helped support sales growth in the higher price ranges of our market, even in the face of higher lending rates.

Moving into 2024, we anticipate that potential buyers who were previously on the sidelines due to limited supply choices may reenter the market as lending rates ease and listings improve.

At the same time, with more mortgages set to renew, we could see some gains in resale listings as existing homeowners who were previously hesitant to change their housing situation may be motivated to capitalize on rising prices and favourable seller market conditions. The combination of improved listings and heightened activity in the new home sector is anticipated to foster some growth in overall supply. However, given the persistent strong demand driven by recent migration and a healthy job market, it will take time for supply levels to rise sufficiently to restore balance to the market.

Although conditions are not expected to be as tight as in 2023, a seller’s market is projected to persist throughout the spring market, resulting in further price growth. However, the rate of growth for each property type is anticipated to slow compared to 2023 levels. Supply growth is expected to be mostly driven by the upper price ranges for each property type, which will likely decelerate the pace of price growth for higher-priced properties. Meanwhile, conditions are expected to remain tight for lower-priced properties, contributing to continued price gains.

HOUSING SUPPLY NEW HOME AND RENTAL IMPACT

The sudden and sharp rise in international migration has played a significant role in driving up demand for rental properties. This surge in rental demand has led to a decrease in supply and substantial increases in rental rates since 2022. The heightened rents have also spurred demand in the resale market, as both renters and investors actively pursued available resale properties.

Limited supply choice in the resale and rental markets supported stronger home starts activity in 2023. In the Calgary census metropolitan area, 2023 housing starts are on pace to hit record levels. Most starts have been in the apartment sector, with over half of the units targeted toward purpose-built rental.

Gains in new home starts for rental and ownership will help provide more choice in the market, helping shift the resale market away from the extreme seller’s market conditions we have faced over the past year. However, the supply growth will take time and is contingent on the migration flow into the city and the development process.

Please read the full forecast here.

As December 2023 comes to a close, Auburn Bay remains a popular community in Southeast Calgary, known for its picturesque lake and family-friendly atmosphere. The holiday season typically brings a slight slowdown in real estate activity, but the market has shown resilience. Total 17 sales.

Property Types

The Auburn Bay real estate market consists of various property types, catering to diverse buyer preferences:

1. Detached Homes

   • Price Range: $549,150 - $2,125,000.00

   • Number of Listings: 38

   • Sales: 5 homes sold

   • Days on Market (DOM): 25 days

2. Duplex Homes

   • Price Range: $495,000 - $545,000.00

   • Sales: 2 homes sold

   • Days on Market (DOM): 25 days

3. Townhouses

   • Price Range: $338,000-$410,000

   • Sales: 4 townhouses sold

   • DOM: 27 days

4. Condos

   • Price Range: $264,000-$355,000

   • Number of Listings: 15

   • Sales: 5 condos sold

   • DOM: 35 days

Market Trends

• Moderate Activity: The December market reflects moderate activity, consistent with seasonal trends. While sales slowed compared to the fall months, buyer interest remained steady.

• Days on Market: The average DOM for all property types shows that homes are selling within a reasonable timeframe, particularly single-family homes which are in higher demand.

• Price Stability: Prices have remained stable across the board, with slight increases noted in single-family home values, suggesting a healthy demand for this property type.

Conclusion

In December 2023, the Auburn Bay real estate market showcases a balance of listings and sales, maintaining stability during the holiday season. While activity may dip slightly, the community's appeal continues to attract buyers, making it a promising market as we head into the new year.

Auburn Bay Real Estate Monthly Report

November 2023 marked a noteworthy month for the Auburn Bay community in Calgary, reflecting a stable yet dynamic real estate market. The community, known for its picturesque lake, family-friendly environment, and convenient amenities, continues to attract buyers looking for both primary residences and investment opportunities.

Market Overview: In November, Auburn Bay saw a total of 34 homes sold. The average sale price settled at $630,800, indicating a modest increase compared to the previous month. The market remains competitive, with homes typically receiving 5-10 offers within the first week of listing.

Inventory and Trends: Current listings show a healthy supply, with 27 active properties on the market. This includes a mix of single-family homes, townhouses, and condos, catering to diverse buyer needs. Days on market (DOM) for sold homes averaged 20 days, highlighting a brisk pace despite the seasonal slowdown typical in winter months.

Community Insights: Auburn Bay's appeal remains strong due to its well-planned infrastructure, access to recreational facilities, and proximity to schools. The lake offers year-round activities, enhancing the lifestyle experience. Community events, such as the upcoming holiday markets, further foster a sense of belonging among residents.

Looking Ahead: As we approach the end of the year, the Auburn Bay market is expected to remain steady. Seasonal fluctuations may impact buyer activity, but the overall demand for homes in this desirable community continues to be robust. Buyers and sellers alike should remain vigilant, as favorable conditions could emerge, especially in the new year.

For prospective buyers and sellers, Auburn Bay represents a unique opportunity in Calgary's real estate landscape. 

Contact us for a Free Home Evaluation.

For the latest community market report, SIGNUP HERE.

In October 2023, Auburn Bay continues to be a thriving community in Southeast Calgary, characterized by its lake, parks, and family-oriented amenities. The fall season typically brings a robust real estate market as buyers look to settle before winter. Total 19 sale.

Property Types

The Auburn Bay market features a variety of property types, appealing to different segments of buyers:

1. Detached Homes

   • Price Range: $580,000 - $992,000

   • Sales: 7 homes sold

   • Days on Market (DOM): 22 days

2. Duplex Homes

   • Price Range: $495,000 - $531,000

   • Sales: 3 homes sold

   • Days on Market (DOM): 22 days

3. Townhouses

   • Price Range: $299,000-$445,500

   • Sales: 5 townhouses sold

   • DOM: 19 days

4. Condos

   • Price Range: $335,000-$355,000

   • Number of Listings: 18

   • Sales: 4 condos sold

   • DOM: 28 days

Market Trends

• Strong Demand: The demand for single-family homes remains robust, evidenced by a higher number of sales and relatively quick turnover.

• Competitive Environment: Townhouses are also seeing strong interest, with many selling within three weeks, indicating a competitive market for buyers.

• Price Stability: Overall, property prices have shown stability with slight upward trends in single-family homes, suggesting sustained buyer confidence.

Conclusion

The Auburn Bay real estate market in October 2023 is active and healthy, with strong sales across various property types. The community’s attractive features and ongoing demand continue to drive interest, making it an appealing option for prospective buyers as the year approaches its end.

Rangeview Real Estate Quarterly Report

The third quarter of 2023 proved to be a transformative period for the Rangeview community in Calgary, showcasing its growing appeal among homebuyers. Nestled within a picturesque landscape, Rangeview combines modern living with natural beauty, making it a sought-after destination for families and professionals alike.

Market Overview: In Q3 2023, Rangeview recorded 12 home sales. The average sale price rose to $572,400, reflecting a healthy demand and increasing property values. Buyers are particularly attracted to the community’s well-designed homes and proximity to amenities, such as schools and parks.

Inventory and Trends: The current market shows a total of 30 active listings, providing a variety of options including single-family homes and townhouses. Homes are selling quickly, with an average Days on Market (DOM) of 18 days, indicating a competitive landscape. This swift turnover underscores the community's desirability, as buyers are eager to secure properties in Rangeview. 5 SOLD Detached houses, $569,900-$730,000. 1 SOLD Duplex houses, $530,000; 6 SOLD Townhouses, $510,000-$534,500.

Community Insights: Rangeview stands out for its unique integration of nature and urban living, featuring an extensive network of pathways and green spaces. The community’s design encourages outdoor activities, fostering a strong sense of community among residents. Upcoming developments, including new retail spaces and recreational facilities, promise to enhance the lifestyle offerings even further.

Looking Ahead: As we move into Q4, the Rangeview real estate market is expected to remain active, though typical seasonal trends may introduce some fluctuations. Buyers should be prepared for potential competition, while sellers can capitalize on the current demand. Overall, Rangeview’s blend of convenience and community spirit positions it as a key player in Calgary’s evolving real estate landscape.

Contact us for a Free Home Evaluation.

For the latest community market report, SIGNUP HERE.

QUICK possession for back to school season. Walking distance to Webber Academy, steps from Aspen Landing, this original owners owned beautiful fully finished 2 storey 3000+ sq.ft. on quiet street is in the heart of Aspen Woods offering 3 bedrooms above the grade, 9' ceilings on main floor, plus one in the basement professionally developed by the builder. As you walk into this home, you will be greeted by a grand entrance with new vinyl floors throughout. The bright and open main floor offers flex space that could be used as formal dining/living room or home office. Spacious kitchen with island, lots of cabinets, stainless steel appliances, granite countertops, walkthrough pantry to the mud room leading to double attached garage. Upper level offers laminate flooring and has 4pc bath & 3 bedrooms with the large master featuring 4pc ensuite with make up area and walk in closet. The lower level has a living/media room, games area, 4pc bath & 1 additional bedroom. Located minutes to downtown, close to schools, aspen landing shopping centre, transit, and all other amenities. Freshly painted for the new home owner.

Overview

In August 2023, Auburn Bay remains a sought-after community in Southeast Calgary, known for its vibrant lifestyle, lakes, and recreational facilities. The summer months typically see a peak in real estate activity, and this month was no exception, with notable buyer interest. Total 45 sales.

Property Types

The real estate market in Auburn Bay features a diverse array of property types:

1. Detached Homes

   • Price range: $553,500 - $1,375,000.00

   • Number of Listings: 45

   • Sales: 19 homes sold

   • Days on Market (DOM): 20 days

2. Duplex homes

   • Price range: $490,500 - $629,900

   • Sales: 6 homes sold

   • Days on Market (DOM): 20 days

3. Townhouses

   • Price range: $215,000 - $500,000

   • Sales: 12 townhouses sold

   • DOM: 15 days

4. Condos

   • Price range: $231,500 - $410,000

   • Sales: 8 condos sold

   • DOM: 25 days

Market Trends

• Increased Activity: The market shows a healthy level of activity, with strong sales across all property types. Single-family homes are particularly popular, with a faster turnover.

• Quick Sales: Townhouses are moving quickly, with many selling in under three weeks, indicating strong buyer demand and competitive pricing.

• Price Adjustments: Prices for single-family homes have seen a slight increase compared to previous months, reflecting the ongoing desirability of the area.

Conclusion

The Auburn Bay real estate market in August 2023 is robust and dynamic, characterized by strong sales and quick turnover across various property types. The community’s appealing features and active lifestyle continue to attract buyers, positioning Auburn Bay as a highly desirable location in Calgary.

MILLION DOLLAR VIEW!! This unit FACES Bow River and walking paths - TOP FLOOR, END UNIT - doesn't get better than this! Great condo, WELL LAID OUT with 2 bedrooms & 2 bathrooms separated by living room and kitchen. Spacious kitchen with MAPLE cabinets, GRANITE counters and breakfast bar. Large living room/dining room combo with tons of natural light and STUNNING VIEWS! Living room/kitchen/dining area feature laminate floors, bedrooms are carpeted. Corner GAS FIREPLACE to enjoy cooler evenings. Outside you will be able to enjoy a corner GLASS SIDED balcony with GORGEOUS VIEWS over the BOW RIVER! You won't find a better location and price! In-suite laundry for your convenience, underground heated parking stall. This is one of the larger condos in the complex. WALK ALONG THE RIVER, walk to work - enjoy the outdoors! Great complex with security entry, SUPER LOCATION!

FALL IN LOVE with this beautiful 3+1 BEDROOMs FINISHED BASEMENT home with NO CONDO FEES in sought-after LEGACY! LOOKS LIKE NEW! The lovely FRONT PORCH will make you want to spend time sitting outside enjoying the view of the NATURAL PARK and pond. Inside the main floor features open concept, gorgeous modern SOILED HARD MAPLE flooring. The kitchen is the heart of this home and features GRANITE countertops, stainless steel appliances. The open and bright kitchen, dining and living area is perfect for family time or entertaining friends. Unwind in the living area watching your favourite movies. Large picture window offers a view of you landscaped backyard. Bonus front room is great as additional sitting area, office, music space….whatever you need! Upstairs relax in the primary bedroom with 4 piece ensuite and walk-in closet. 2 additional bedrooms, 4 piece bathroom and convenient UPPER LANDRY. FULLY DEVELOPED lower level offers large living room, 4th bedroom, 4pc bath. FANTASTIC LOCATION! Across the street from park, pond, and walking paths. Minutes to restaurants, shops, the All-Saints Catholic High School & more.

Welcome to this stunning 2-storey home located in the desirable neighborhood of Cranston. With over 2350 SQ.FT of developed living space and 4 bedrooms located upstairs, this home is ideal for families looking for ample space and comfort. Step inside and be greeted by the elegant hardwood floors that flow throughout the main level, creating a warm and inviting ambiance. An OPEN CONCEPT floorplan that was perfectly planned. Main floor office with french doors for those working from home (or could be used as a playroom). Upgraded granite countertops can be found throughout the house, adding a touch of luxury to every corner. The heart of this home is the impressive kitchen, designed with both functionality and aesthetics in mind. The kitchen features a large center island, providing plenty of space for meal preparation and entertaining. A convenient corner pantry offers abundant storage, ensuring that all your culinary essentials are easily accessible. Ample cabinetry provides further storage options, keeping your kitchen organized and clutter-free. The vaulted ceiling above the dining area allows for larger windows and natural lighting. As you venture outside, you'll find a good-sized backyard, offering an ideal space to enjoy summer BBQs and create lasting memories with loved ones. Upstairs offers 4 bedrooms and also includes a well-designed bonus room, which serves as a versatile space for the family to enjoy. The primary bedroom offers a lovely 5 pc ensuite with his / hers sinks and a massive soaker tub. The other 3 bedrooms are very spacious. Don't miss out on this lovely AIR CONDITIONED home that allows for a quick possession to get in this summer! Close to schools, playgrounds, and shopping amenities. Great location with quick access in and out of the community!