****SELLER MOTIVATED with $100,000.00 price reduction****This magnificent custom built one of a kind home offers almost 8000 sq.ft. of exquisite finished living space. This property is truly a Castle waiting for you. From the moment you drive up and step through the front door into the grand foyer your eyes will be drawn to the gleaming hardwood floors, the beautiful breath taking finishing and details of this elite home. The kitchen is a showcase of its own and a chef’s dream with tons of rich exquisite cabinets and huge hidden pantry, beautiful granite counter tops, stainless steel Wolfe sub zero fridge, built in oven, gas counter top range, hood fan, stainless steel built in dishwasher, and more. The living room is encased with floor to ceiling windows for amazing natural light. As you catch your breath and continue your walk through the main floor you will find a beautiful formal dining room, a large bedroom c/w ensuite and walk in closet, large mud room with tons of cabinets for storage that leads to a dream garage for all your toys. After spending a beautiful tranquil evening on your large south facing deck you will retire to the second level to find a comforting loft where you can settle with a great book and a glass of wine. The children will be tucked away in their own large bedrooms each having there own ensuite (so no fighting over the bathrooms). When it is time you will walk into your own oasis your huge master bedroom with fireplace and breath taking ensuite that offers everything from double vanity, large soaker tub and full size steam shower with numerous shower heads and body sprays. The dream size master walk in closet has lovely built in cabinetry. Lets go down to the lower level walk out where you will find another spacious bedroom with ensuite, exercise room, incredible wine room and outstanding family room with a wonderful wet bar all encased in magnificent finishing, a great place to gather with friends and family. This estate home could never be reproduced for the price it is selling for! So make your appt.

Jayman built popular designed floor plan 2 storey home in much sought after community of SOMERSET. Upgrades includes Roof 2019, Laundry 2020, Dishwasher 2020. Very quite street. From the WIDE concrete front stairs and landing to the clever open plan of the main floor with HARDWOOD floors, kitchen with a RAISED BREAKFAST BAR, lots of counter space, corner pantry with glass insert, pot lights, Tiled backs plash, Moen Fixtures. Living room with a corner FIREPLACE. Upper Bonus Room and an Ensuit with a BIG soaker tub. Enjoy your summers on your 2 TIER deck and a LARGE yard with lots of trees. Your family will love the hot SUMMER time fun at the WATER PARK and play area that is exclusive to the residents of Somerset. Make it your home today!

2017 built home shows 10/10! There is an immediate feeling of light & space as you enter the 9" main living area. The kitchen welcomes you with a gorgeous quartz center island, upgrade hood fan, S/S appliances, cabinets with full extension soft close features. Upstairs you will find a large central Bonus Room for movie nights or games , and a large Master with TWO Walk-in-Closet and 5-Piece ensuite w/ 2 sinks plus a beauty station. SOUTH facing backyard is the best for sunny living room, kitchen & dinning area, do not forget master bedroom as well. The full basement with large windows is undeveloped & waiting for your personal touch. - Come see today and make this your next home!

ASPEN WOODS welcomes you to this FULLY FINISHED home with over 3000 SF of total living space situated on a family friendly cul-de-sac. Walking distance to Aspen Landing, parks and green space, three schools and so much more! The main level boasts hardwood flooring, with an open concept kitchen and living area. The kitchen features granite countertop, a new fridge & stove, oversized Island and walk-thru pantry into your mud room and laundry area. Secondary front family room/flex space that completes this level. The upper floor features TWO bonus areas, the primary bonus room is an ABUNDANCE of space for movie nights, kids play area and the perfect area for entertaining. Vaulted ceilings & huge windows with your sunny south exposure makes this the perfect area for the entire family. The master bedroom offers a full walk-in closet, 5 piece en-suite including his & her sinks, granite countertops, large soaker tub and standalone shower. Two additional bedrooms with a 4 piece bathroom complete this level. The fully developed basement is a large recreation space, professionally developed with endless opportunities to make it a space of your own. You will also find the 4th bedroom and FULL bathroom, with tons of storage. Fully landscaped front and backyard, quiet cul-de-sac, all amenities at your fingertips and only a 5 minute drive to the 69th LRT station. This is an incredible opportunity to get into this community at this price point!

If a vibrant healthy lifestyle is important to you - this 1-bedroom/studio in the Mission District is what you are looking for. Open floor plan with a view of the front street, open living/ kitchen/ dining area with contemporary flat panel cabinets, quartz countertops & 7 stainless appliances pkg incl. a full-sized Bosch gas cook-top, fridge, B/I dishwasher, microwave hood fan. Double frosted-glass barn bedroom doors, 9-foot ceilings, 4-piece bathroom, ensuite laundry and balcony with a gas BBQ hook-up. All located just off 4th street in the heart of Mission which contains the extremely popular 4th Street with many trendy restaurants and shops which hosts the Lilac Festival in June. Catch emerging musicians, buy artisan crafts from one of the 500 vendors, and watch the parade that starts at 25th Avenue S.W., runs along 4th Street and finishes at 13th Avenue. Mission is only a 20-minute walk from the downtown core and less than 5-minutes to the popular and ever-busy 17th Avenue. The Stampede Grounds and the Saddledome are right around the corner, as well as the BMO Centre. The Bow River alongside Lindsay Park will provide the peace and quiet needed after a fun-filled weekend exploring all the hidden gems of 4th Street. IMMEDIATE POSSESSION AVAILABLE FOR THIS PET-FRIENDLY BLDG.

Auburn Bay Real Estate Market Report – July 2021

July 2021 showcased a dynamic real estate market in the Auburn Bay community of Calgary, reflecting strong demand and active buyer engagement. Known for its scenic lake, parks, and family-friendly amenities, Auburn Bay remains a highly sought-after neighborhood.

Market Overview: In July, Auburn Bay recorded 47 home sales.

• 28 SOLD Detached houses $419,000 - $1,056,000;

• 8 SOLD Duplex houses $355,000 - $438,600;

• 5 SOLD Townhouses $260,000 - $358,868;

• 6 SOLD Apartment $197,000 - $295,000.

Inventory and Trends: Currently, there are 42 active listings in Auburn Bay, offering a diverse selection of properties, including single-family homes, townhouses, and condos. Homes are selling at an average of 19 days on market (DOM), highlighting a competitive environment. Properties that are well-maintained and competitively priced are generating considerable interest and often receiving multiple offers.

Community Insights: Auburn Bay’s appeal is enhanced by its extensive recreational facilities and community-focused environment. The lake serves as a central feature for summer activities, including swimming, paddleboarding, and community events. The neighborhood also hosts various social gatherings and seasonal activities, fostering a strong sense of community among residents. Convenient access to schools, shopping, and dining options further enriches the living experience.

Looking Ahead: As we transition into August, the Auburn Bay real estate market is expected to maintain its momentum. The summer months typically bring increased buyer activity, making it a favorable time for sellers. Buyers should be prepared for competition, particularly for well-priced listings. Overall, Auburn Bay continues to thrive as a vibrant community within Calgary’s real estate landscape, offering both a desirable lifestyle and strong investment potential.

Contact us for a Free Home Evaluation.

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Welcome home to this well loved turnkey home. Move in and love life. Located on a quiet street in the well established community of McKenzie Lake this is the perfect home for young couple or family. This home has lake privileges. The main comprises of kitchen which is very spacious and upgraded with newer cabinets and beautiful granite counter tops. Large family room and main floor laundry. The floor plan is versatile with different options as to how you wish to set up your living space. The master bedroom is very comfortable and has a large walk in closet, and a very nice 4 piece en-suite bathroom. 2 more well sized bedrooms and a full bath make up the rest of the upper floor. The fully developed basement has lots of storage, a second family room and a huge bedroom, full bath, and a den. This home is right in so many ways and will be perfect for your family. See it today!

Don't miss the opportunity to own this incredible 1200+ sq foot 2 bed/2 bath condo unit in the heart of Victoria park. This large condo unit also features an over 150 sq. of wrap around balcony space so you can enjoy entertaining outdoors with downtown views. The kitchen features rich cabinetry, loads of counter space and a raised eating bar which opens to a spacious dining area. Enjoy cozy evenings in the large living room with feature wood burning fireplace. The large master bedroom has a spa like ensuite bathroom with a massive walk in shower. The second bedroom is a good size and has easy access to the main 4 piece bathroom. There is also a laundry room and lots of in suite storage. Monthly parking is available for a fee of 200.00 per month. The location is absolutely unbeatable and is walking distance to great restaurants and bars and a park space across the street. Check out the tour and book quickly!

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.