Archive for February, 2020

Just Listed 206, 223 Tuscany Springs Blvd NW

Saturday, February 29th, 2020

It’s rare to find a large 1 bedroom + Den that backs onto a wooded ravine with stunning Mountain views in the 40+ Sierra’s of Tuscany.

MLS: C4288822

More Info or to View Contact us

View Video: : https://youtu.be/0STLei5IFPY

More Information: https://www.tswrealestategroup.com/search/p/tsw-listings

 

Stunning Mountain views in this unit in the Sierra’s of Tuscany

It’s rare to find a large 1 bedroom + Den that backs onto a wooded ravine with stunning Mountain views in the 40+ Sierra’s of Tuscany.   Open plan comes with engineered hardwood, 9 ft. Ceilings with Crown Molding, Kitchen features maple cabinets, plenty of counter space, eating bar and corner pantry.  Spacious dining room and living room with corner gas fireplace. Master bedroom features 4-piece ensuite and walk in closet.  Den/office is spacious with closet. Relax on your covered deck with ravine & stunning mountain views. Includes Separate laundry room with storage cabinets, Air Conditioning, underground parking with separate storage locker. Fantastic location, walking distance to LRT.  Complex offers amenities galore with car wash, swimming pool & hot tub, a movie theatre, ballroom, arts & crafts room, exercise room, bowling alley, pool table, workshop, gym, library & guest suites.

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Just listed

Tuesday, February 18th, 2020

Just listed this great condo in  Spruce Cliff,  Calgary

MLS Listing C4286288

Chcek out our Video @ https://youtu.be/mTP-idv-ZIk

Stunning, Bright, Top floor, Open concept upgraded unit with 10-foot ceilings, spacious Den & 2 Balconies. Large south windows provide loads of natural light. Relax in your living room where you can cozy up to the corner fireplace on those cooler nights. Maple kitchen features Stainless Steel appliances, pantry, raised breakfast bar, garburator and under counter lights. Dining room has door to your covered balcony. Master bedroom features a 4 piece ensuite with soaker tub and separate shower, a walk in closet and access to the second balcony. Unit comes complete with in suite laundry/storage room and the guest bath. Enjoy your morning coffee on the large south facing wrap around deck. Titled underground parking, and a separate storage locker. Pet Friendly complex provides bike storage recreation/games room, gym and car wash. Ideal location close to Downtown, LRT, Golf & Shopping.

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Another REALTOR® Says They’ll Buy My House. Should I Be Wary?

Tuesday, February 4th, 2020

Wary might not be the best word, but you do need to make sure you understand the details of the offer. This type of offer is a guaranteed sales agreement, and while there is nothing illegal or wrong with a real estate company offering this kind of arrangement, it is rarely the best option for consumers.

In a guaranteed sales agreement, a real estate brokerage agrees to buy a piece of real estate from a seller at a previously agreed upon price, if it hasn’t sold to someone else before a certain date. Only real estate brokerages can offer these agreements, not individual real estate professionals.

What sellers need to keep in mind in these arrangements is that the real estate brokerage wants to minimize its risk.

For example, it’s rare that a guaranteed purchase price will be based on the property’s listing price or the property’s market value. In most cases, the brokerage calculates the guaranteed purchase price using a formula where legal fees, carrying cost, and commission on the resale are subtracted from the purchase price. This minimizes the brokerage’s risk, but it can also greatly reduce how much that seller receives for their home.

Brokerages that offer guaranteed sales programs are required to have policies for those programs. Those policies should include how the brokerage sets the guaranteed sales price and who is in control of the property’s listing price during the listing period; it may not be the seller. It’s not unusual for a guaranteed sales agreement to include a clause that requires a seller to lower their listing price during the term of the listing. Remember, your real estate brokerage wants to minimize its risk. It prefers to sell your property to a buyer rather than to use the guaranteed sales agreement, and lowering the listing price can sometimes help that happen.

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What’s really happening in the Calgary Real Estate Market?

Tuesday, February 4th, 2020

The market is simply a result of Supply and Demand therefore we look at both Supply (inventory) and Demand (Sales) and the relationship between the two.  We also update you on the current benchmark price for all housing sectors.

Following is a graph that shows the months of inventory for each Sector.  Looking at a 2 year trendline gives you and indication of where things are really heading.

Calgary Real Estate Board  Summary of Key Stats

 

Following is a summary of what I deem to be the most important numbers.  Again, we look at Total Inventory, Sales for the past 30 days, Months of Inventory and of course the benchmark price.  All numbers are taken from the Calgary Real Estate boards monthly stats package.

Key Stats for the Calgary Real Estate Market

 

Gord’s commentary for the month (just my opinion).

 

Current Months of Inventory (Absorption Rate): 

Through January our Absorption rate increased for all housing sectors. The smallest increase was in the detached sector at +.25 and the largest was in the Attached Row Sector at +1.34

This means the listing increase is outpacing the sales increase  and it is putting us in a stronger buyers market for all sectors.

Calgary Listing Inventory

Inventory increased in every sector in January.  Most sectors increased somewhat equally except the Apartment condo sector that increased by 16.1% compared to the total increase of 11.6%

Increasing inventory is normal as many people wait till the holidays are over to list.  This is a trend that we expect to see for the next several months.

 Calgary Sales:

Sales in Detached homes and Apartment Condos increased marginally over December which is a normal trend.  Sales in the Semi-Detached and Attached Row homes declined ever so slightly. We also had about 10 Days of bitter weather which keeps buyers indoors.

Sales Compared to 2018:

Sales in all sectors increased over 2018 for a total increase of 8% over 2019.

 Calgary Real Estate Sales Prices:

Prices in all sectors declined a little this month.  The lowest decrease was in the Detached home sector and the largest decline was in the Apartment Condo Sector

Calgary Real Estate Benchmark Prices Year to Date – Same as for the month.

It’s  also important to note that these numbers vary by community, and also by price range.  If you would like numbers for your community contact us.

 

 

 

 

 

 

 

 

 

 

 

 

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