Chris skowron
dec 21 2018 to jan 10 2019 issue 08-50 editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts nov 30 to dec 6 2018 issue 08-47
dec 14 to dec 20 2018 issue 08-49 editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
THE LIST ISSUE
E
$
CALGARY REAL ESTATE RECORDS
R FO LE SA
LD SO
$
$
on Pg
COCHRANE LISTINGS
6
may 11 to may 17 2018 issue 08-18
aug 24 to aug 30 2018 issue 08-33
Shelly Kramer
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
MY FIRST HOME
INSID
LONG ES TALLE T OPEN OLDEST ST COND HOUSE PA HOME O TOWE GE 3 R STILL STAND PAGE 4 ING PA GE 5
See Ad
nov 9 to nov 15 2018 issue 08-44
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
403-804-5609 shellykramer@ royallepage.ca
see my ad on: pg
5
jun 29 to jul 5 2018 issue 08-25
See our ad on pAGE 11
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
403.247.5171
REAL ESTATE (MOUNTAIN VIEW)
See our listings on back page
editorial 403.781.1349 advertisting 403.263.4940
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OCTOBER
To read the full statistics package for October, go to creb.com
CALGARY REAL ESTATE STATS HIGHLIGHTS
829 UNITS Detached sales in October totalled 829 units, for an 8.6-per-cent decline, resulting in a year-to-date decline of 15 per cent.
Calgary Flames great Lanny McDonald shares his story PAGE 3
$426,300 Citywide benchmark prices totalled $426,300 in October, trending down for the fifth consecutive month and resulting in a year-over-year decline of 2.9 per cent.
INSIDE
Inspired by the Guinness World Records book, we highlight records from the world of Calgary real estate.
MORTGAGE PURCHASE PROTECTION: CMHC’S 4 LOAN INSURANCE EXPLAINED PAGE FIRST-TIME FINANCE: TIPS AND TRICKS FOR NEW HOMEBUYERS PAGE 5 COCHRANE: WHERE HISTORY, TECHNOLOGY AND SCENERY MEET PAGE 6
Peaks and valleys
2.9
PER CENT
How to make your vacation dreams a reality, because everyone needs a little R and R
Between the inner-city and the new communities on Calgary’s outskirts lie the city’s middle-ring neighbourhoods – some of Calgary’s earliest suburbs. This week, CREB®Now explores the unique issues and opportunities these communities face, now and in the future.
Read on for highlights from CREB®’s Calgary Economic and Housing Outlook Mid-Year Update, stories from Calgary-area mountain-view communities, and more.
8 1 0 2
® RS E TO IV AL AT G RE RE 2 H C ETIN K 2 IT W AR GE M PA
KE MA A IN ET TO S LE RK TIP SA 3 MA E TH ER’S E 3 G Y A P BU
: IZ PE QU TY RE T A E HA W HOM ? OU 4 OF Y GE PA
ST L FIR AVA MY E: L AIN M RM HO . GE E 5 ST PAG
R’S DE R E IL BU ORN 6 C GE PA
Inventories and sales totalled
ew ain-vi mountmunities com Ges 4 & 5
7,345 and 1,322 in
October. This has resulted in months of supply of 5.6, above levels typical for this month.
FUN IN THE SUN
GOTTA GET AWAY
How to buy a vacation home without getting burned PAGE 8
Pa
FULL STATS LIST: PAGE 8
PHOTO COURTESY CALGARY FLAMES PHOTO ILLUSTRATION SARAH GILLMAN
LITTLE BOW RESORT
10 vacation communities within three hours of Calgary PAGE 10
Discover one of Alberta’s bestkept vacation secrets PAGE 14
photo illustration: haley steel, creb®now
OPEN HOUSE Saturday Dec 15th 2:00PM - 4:00PM
ROCKY RIDGE 103 Rocky Ridge Bay NW
kirbycox.com
nov 16 to nov 22 2018 issue 08-45
real estate news from industry experts
49 Rocky Ridge Square NW Renovated 4 bdrm, finished walkout. New kitchen & roof. South backyard.
Fantastic value. 3 bdrm / 3 bath bungalow. Fully finished, hardwood & granite, central air, cul-de-sac.
MLS# C4210100
MLS# C4214559
$549,900
403.247.5555
#1 Team in Alberta for Royal LePage in 2018
$449,900
editorial 403.781.1349 advertisting 403.263.4940
OPEN HOUSE Saturday Dec 1st 2:30PM - 4:30PM
HALEY STEEL / CREB®NOW
OPEN HOUSE Sunday Dec 2nd 2:00PM - 4:00PM
oct 5 to oct 11 2018 kirbycox.com
GREAT PROPERTY TO HOLD FOR FUTURE DEVELOPMENT.
issue 08-39
42 Hamptons Link NW Lock up & leave living, 3 bdrm townhome, 2 car garage, backs on greenbelt.
10122 Hidden Valley Drive NW Walk to shopping, 4 bdrm + den bi-level. Fully finished, oak kitchen & hardwood floors.
real estate news from industry experts $379,900
MLS# C4205083
MLS# C4217920
$415,000
#1 Team in Alberta for Royal LePage in 2017
editorial 403.781.1349 advertisting 403.263.4940
403.247.5555
• Currently generating a gross of $90,000.00 +/- on this 156-acre homestead in Rocky View County. Your Calgary West Specialist • This 1600 sq.ft. traditional 2 story split country home with 4 bedroom, 2 baths and recent improvement. • The property can be continued to be operated as is withapr annual leases in place3to2018 provide annual income or take 27 to may possession and operate for your personal use. issue 08-16 • Outbuildings include heated detached garage, shop, lean-too, heated shop, machine shed and an airplane DISCOVERY RIDGE hangar (comes with a private runway previously used for light aircraft). $2,250,000 MLS®C4211251
MELODY ZONDAG
real estate news from industry experts403.819.0003
mzondag@sutton.com
editorial 403.781.1349 LEE RENNEBERG advertistingLEO SCARCELLI 403.263.4940 403.585.1341 403.650.0692
lrenneberg@sutton.com
to sell your home in Discovery Ridge! 403.481.2179
Call today for a no-obligation conversation about your home’s current value and our local market.
JEN REKRUTIAK
403.481.2179
jen.rekrutiak@century21.ca www.jenrekrutiak.com
To read the full statistics package for September, go to creb.com
aug 3 to aug 9 2018 issue 08-30
kirbycox.com
®
“Calgary Real Estate the way it should be. Smart, Simple, Effective - and Happy!”
403.247.5555
real estate news from industry experts
#1 Team in Alberta for Royal LePage in 2017
GREAT INVESTMENT PROPERTY! may 18 to may 242 2018 bedroom bungalow with good sized kitchen and large living room. West facing issue 08-19 backyard, perfect for re-development and great access to downtown. Priced to sell! editorial $659,900 | MLS®C4183225 403.781.1349 advertisting 403.263.4940
See our ad on pAGE 10
editorial 403.781.1349 advertisting 403.263.4940
Where I Live, Work and Play!
someone who knows and loves the area JEN Trust REKRUTIAK
REALTOR leos@sutton.com www.JENREKRUTIAK.com
SEPTEMBER
$455,000
Visit us Online:
Royal LePage Benchmark
appeal
MORGANS RISE 27 Morgans Court
SPRINGBANK 3 Spring Gate Estates
Custom 4 bdrm+den, finished walkout, 2 dream garages. A/C, designer kitchen, home theatre.
Fully finished 5 bdrm+den, walkout, 3 car garage. 2 acres, 2 fireplaces, granite counters.
MLS# C4203713
MLS# C4196957
$2,799,900
$1,250,000
403.247.5555
#1 Team in Alberta for Royal LePage in 2017
PERCENT
COMMUNITY PROFILE: MISSION, PAGE 4 BUCCI’S RADIUS RISES IN BRIDGELAND, PAGE 8 UNDERSTANDING CONDO FEES, PAGE 10 EAST VILLAGE’S BRIGHT FUTURE, PAGE 11 NEW-BUILD CONDO TRENDS, PAGE 12
MOUNT PLEASANT 516 - 28 Avenue NW
Upgraded 3 bdrm+den, fully finished, 2 car garage, A/C, cork floors. Close to UofC & LRT.
Brand new 4 bdrm, fully finished, 2 car garage. Wet bar, skylights. Extensive upgrades.
MLS# C4201468
MLS# C4205086
$659,900
$819,888
MOVE IN TODAY!
kirbycox.com
#1 Team in Alberta for Royal LePage in 2017
403.247.5555
or those looking to redefine their home for fall with some curated moments of comfort, luxury and connection, look no further than the Calgary Fall Home Show where celebrity designer Amanda Forrest hits the Urban Barn Main Stage, offering tips on current design trends. “It makes us feel good when we make changes to prepare us for winter’s hibernation,” said Forrest, adding that one of the main influences in design
This week, CREB®Now explores the bells and whistles that can help you get the most out of your home and achieve the lifestyle you’ve always wanted.
CREB® CHIEF ECONOMIST
FULL STATS LIST: PAGE 12
BANFF TRAIL 2414 - 26 Avenue NW
kirbycox.com
ANDREA COX for creb®now
F
ANN-MARIE LURIE
With no change in the economic climate, Calgary’s sales activity totalled 1,272 units in September, a 13 per cent decline over the previous year and well below long-term averages.
RED MILE: Creating a “cool” street on 17th Avenue S.W. PAGE 4 MY FIRST HOME: Flames great Craig Conroy tells his story PAGE 7 CONDOS: What can you really afford? PAGE 9
REAL ESTATE (CENTRAL)
Trendy design tips for fall with Amanda Forrest
Exploring ce of the importan and the community, make features that rhoods hbou Calgary neig unique.
‘‘
COURTESY BROOKFIELD RESIDENTIAL
SEE OUR AD ON PAGE 12
INSPIRATION
CALGARY’S ECONOMY CONTINUES TO STRUGGLE WITH UNEMPLOYMENT, WHICH ROSE AGAIN LAST MONTH TO OVER EIGHT PER CENT. CONCERNS IN THE EMPLOYMENT MARKET, HIGHER LENDING RATES AND SHAKEN CONFIDENCE ARE WEIGHING ON HOUSING DEMAND.”
13
403-278-9208
editorial 403.781.1349 advertisting 403.263.4940
AUTUMN
CREB®NOW PROUDLY PRESENTS
Detached benchmark prices totalled $493,100 last month. This is a 0.8 per cent decline over last month and 3 per cent below the previous year.
The case for Calgary’s core communities. Read on for the latest on Red Mile redevelopment, office-to-residential conversions and more.
real estate news from industry experts
LEO SCARCELLI
sept 21 to sept 27 2018 issue 08-37
CAROL TIMOSCHUK 403-850-6722 / ctimos@telus.net / www.caroltimoschuk.ca
APRIL 27 TO MAY 3, 2018
$493,100
inner-city
$439,900
MLS®C4183925 One of the last-best, natural, unspoiled hide-aways in the area! On this 0.59 acre lot is situated a charming 849 sq ft open plan “studio” bungalow! The ultimate GREAT ROOM, complete with freestanding fireplace, unique architectural elements. A SOHO vibe exists here. Artsy, edgy, quirky, & elegant, in the middle of the forest! A little creek flows right through the property, adding further to its natural appeal. A very special opportunity here!
real estate news from industry experts RICK BLANCHETTE rick.blanchette@shaw.ca 403.616.8144 GREAT INVESTMENT PROPERTY!
ISSUE 16
CALGARY REAL ESTATE STATS HIGHLIGHTS
QUINTESSENTIAL BRAGG CREEK!
WHAT’S IN A NAME?
BETTER BUSINESS
COMMUNITY PSYCHOLOGY
The inexact science of naming Calgary communities PAGE 3
BIAs promote investment in business and community PAGE 4
How where Calgarians are born influences where they buy PAGE 7
continues to be our connection with the earth and the outdoors. She suggests beginning by taking stock of how the elements interplay with our homes – air quality, colour and light all become a priority as summer folds into the chillier weather and shorter days of fall and winter. “We really don’t want to feel like we have to have our lights on all of the time,” said Forrest. “It’s not environmentally friendly and it doesn’t feel good for our souls.” That said, bridging indoor
VINTAGE VIBES
MY FIRST HOME
Four easy ways to add retro design to your home
How Amanda Forrest’s first home jumpstarted her design career
PAGE 4
PAGE 7
and outdoor spaces is an important design consideration. Exaggerated windows, nixing upper cabinets in the kitchen in favour of open shelving, and windows that come right to the counter, along with stacked, foldback windows and doors that provide an expansive opening to the outdoors, are all on the must-have list.
FORREST 6
BLAST FROM THE PAST
Older homes bring charm and challenges
PAGE 10
COURTESY AMANDA FORREST
$
310’s TWO BEDS $ 420’s ONE BEDS from the
from the
aviurban.com/duke
Call Gary Bain to begin your Calgary Real Estate Experience...
49 PANORAMA HILLS PA NW
PANORAMA HILLS outstanding flat,corner lot across from a Green Space. Two bedroom bungalow, in immaculate condition. 1400+ Sq/Ft of an Open Floor Plan with vaulted ceilings and Hard-Wood Floors. West facing Deck.
403.650.9995
home.life@shaw.ca www.gmbainrealestate.com
MLS®C4178806
$489,500
Visit us Online:
kirbycox.com
403.247.5555
#1 Team in Alberta for Royal LePage in 2017
Royal LePage Benchmark
IE V E R N I R A YEA
OPEN HOUSE Saturday Sept. 22nd 2:00PM - 4:00PM
OPEN HOUSE Saturday Sept. 22nd 2:00PM - 4:00PM
2414 - 26 Avenue NW Upgraded 3 bdrm+den semidetached, 2 car garage, A/C, cork floors. Close to UofC & LRT.
$659,900
MLS# C4201468
327 Schooner Landing NW Updated 5 bdrm bungalow, A/C, newer roof, new kitchen, finished walkout. Cul-de-sac location.
MLS# C4203047
$649,900
kirbycox.com
#1 Team in Alberta for Royal LePage in 2017
403.247.5555
W
CREB® CHIEF ECONOMIST Q&A PAGE 2 WHAT THEY SAID IN 2018 PAGE 4 2018 HIGHLIGHTS PAGE 8
june 8 to june 14 2018 issue 08-22
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
TOMORROW:
GRAND OPENING
apr 13 to apr 19 2018 issue 08-14
JUNE 9
NOON – 3PM
real estate news from industry experts
67 SAGE BERRY WAY NW my
condo.ca
jul 6 to jul 12 2018 issue 08-26
SEE OUR AD ON PAGE A11
editorial 403.781.1349 advertisting 403.263.4940
sept 7 to sept 13 2018 issue 08-35
SEE OUR AD ON PAGE 16
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
oct 12 to oct 18 2018 issue 08-40
aug 31 to sept 6 2018 issue 08-34
editorial 403.781.1349 advertisting 403.263.4940
real estate news from industry experts
real estate news from industry experts
Calgary’s final downtown houses shine in video showcase PAGE 4
EYES ON THE PRIZE
The 2018 Stampede Rotary Dream Home PAGE 6
SEE OUR AD ON
PAGE 8
EASTERN PROMISES Big things are in store for East Victoria Park PAGE 8
IN THE WEEDS
BRIGHT IDEAS
Whether it’s new infrastructure, new homes or a new look for an existing property, Calgary is constantly under construction. We break down what it all means for homeowners, homebuyers and the housing market.
as new y growing, is constantl fold. Read on to Calgary es join the of the communiti about some learn more st additions. city’s newe ES 4-8 SEE PAG
LAST, BUT NOT LEAST
www.khlawgroup.com
With countrywide legalization day set for Oct. 17, we break down the brave new world of cannabis and real estate in Calgary and surrounding areas.
HOME ON THE RANGE
We’re expecting!
PUT YOUR TRUST IN OUR EXPERIENCED CONDOMINIUM LAWYERS
GREEN IS IN
The CREB®Now Stampede Series: Part 1 of 2 Stampede stories from the world of real estate
This week, CREB®Now explores the multi-faceted luxury housing market, including communities, stats, custom-builds and more.
editorial 403.781.1349 advertisting 403.263.4940
Everything home buyers and sellers need to know for cannabis legalization PAGE 4
SEEING GREEN
Cannabis retailer preparations continue as legalization approaches PAGE 9
Read on for tips and tricks that can help you get the most out of your home, and save money in the process.
A NOVEL APPROACH
MY FIRST HOME
OPEN FOR BUSINESS
Homes by Avi opens first Home Store at Chinook Centre
Featuring Dragons’ Den panelist Manjit Minhas
City approves 14 new suburban communities
PAGE 3
PAGE 5
PAGE 6
CREATIVE CONSTRUCTION: shipping-container homes PAGE 4 SECONDARY SUITES: expand your homebuying power PAGE 5 HOME STAGING: small details pay big dividends PAGE 8
PHOTO ILLUSTRATION RACHEL NIEBERGAL / CREB®NOW I N T R O D U C I N G
LAKE ACCESS
TOMORROW: GRAND
FOOD TRUCKS . MUSIC . DESSERTS . ARTISTS & MORE
my
Beautiful location in arBour lake with lake access. No condo fees! Open concept layout on main with vaulted ceilings. 2 bedrms + 2.5 bath $439,900 | MLS®C4160618
OPENING
JUNE 9 | NOON – 3PM | 67 SAGE BERRY WAY NW
condo.ca
Fantastic Fully developed walk out bungalow!
RicK Blanchette 403.616.8144
rick.blanchette@shaw.ca
• .68 acres • Inner City Location • Stunning, secluded and wonderfully preserved • Backs the Elbow River escarpment, sides Golf and Country Club • Conveniently located north of Glenmore Trail • Minutes to downtown • 6 bedrooms in 3 separate wings, 7 bathrooms
Visit us Online:
VICKI BABCOCK
Let me introduce you to this special oasis
kirbycox.com
403.650.1106 vicki@vickibabcock.ca $4,500,000
MLS ® C4192850
#1 Team in Alberta for Royal LePage in 2017
403.247.5555
Call Gary Bain to begin your Calgary Real Estate Experience...
10970 HIDDEN VALLEY DR NW
Royal LePage Benchmark
home.life@shaw.ca www.gmbainrealestate.com
Why should TV stars & rich investors be able to buy your property and make money FLIPPING it?
OPEN HOUSE
Let my 26 years as a REALTOR® and 23 years of general contracting net you MORE!
SUNDAY SEPT 2nd 1:30PM-4:30PM
HIDDEN VALLEY GEM
403.650.9995
MLS®C4199226
$475,000
Former Jayman show home immaculate inside & out. 3 bedrooms & 2.5 baths. Family room on upper with fireplace. Kitchen w/corner pantry & breakfast nook. Large back yard w/mature trees and shrubs. Undeveloped walkout basement.
403.714.4833 nicklimarealty@live.ca
SRESSenior Real Estate Specialist
KITCHEN RENO | SOLD
MaxWell South Star Realty
MLS®C4178806
FuLLy RENOvaTED | SOLD
BaTH RENO | SOLD
$489,500
as, and Merry ChrispytmN ew Year! Hap TARADALE $299,500
WINDSONG $335,000
SAGEWOOD $389,000
CITADEL $439,888
COUNTRY HILLS $509,988
ROCKY RIDGE $547,888
CRANSTON $585,000
99 TARARIDGE CLOSE NE Main floor family room MLS® C4187624
22 WINDFORD CRESCENT SW Upper Bonus Room ® MLS C4210429
287 SAGEWOOD PLACE SW Walkout with Bonus Room MLS® C4205093
24 CITADEL GARDENS NW Fully Finished Walkout MLS® C4213730
46 COUNTRY HILLS PA NW Fully Finished Opposite Park MLS® C4203696
250 ROCKBOROUGH GREEN NW Fully Finished in Big Lot MLS® C4205017
12 CRANARCH BAY SE Heated Ensuite Floor MLS® C4210177
Horace Rowe
t: 403.860.6868 e: HoraceaRowe@hotmail.com www.HoraceRowe.com
REAL ESTATE (CENTRAL)