Real Estate | Page #19

Real Estate

The Calgary Real Estate Board has released its latest batch of real estate statistics following the month of February. Here are some of the highlights from their report, which you can read in full by clicking here: 

  • "Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last month" (The Calgary Real Estate Board)
  • "With 1,740 sales and 2,389 new listings, inventory levels improved only slightly over the last month and remained amongst the lowest February levels seen since 2006" (The Calgary Real Estate Board)
  • "While sales activity remained stronger than long-term trends and levels reported throughout the 2015 to 2020 period, new listings fell below long-term trends" (The Calgary Real…

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Very well Maintained Top floor "show home quality" one bedroom apartment condo, Priced To Sell!

Recently renovated suite, brand new countertop and backsplash, freshly painted interior, bright and sun-drenched floor plan c/w large windows, also featuring a sunny and private balcony, in-suite laundry, spacious master bedroom, and a newer 5 piece bathroom. Located in Historic Bowness, in a quiet location only 10 minutes to downtown, easy access West to mountains, close to U of C, 2 hospitals, the new Superstore and Greenwich Farmer's Market are only a few blocks away! Don't miss this great opportunity to own your property at a very affordable price!

 

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*** OPEN HOUSE - Saturday, February 25, 2023 - 1:30-4:00 pm *** Welcome to a fully finished semi-detached Bilevel with a total of 3 bedrooms plus a den and 2 full bathrooms.

Fantastic first home or investment property!! This is a very spacious home with approx. 1,700 sqft of total living space in a fantastic and very quiet Bowness location. Over $30,000 in recent updates including a new furnace and H/W tank, all new luxury plank flooring, new patio door, new bathtub surround and a freshly painted interior. The upstairs laundry room lends itself to adding a suite in the basement (pending any city of Calgary permit approvals, of course) and the potential for a real money maker or mortgage helper! There are two spacious bedrooms up, a large…

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Potential, Potential, Potential! One owner for over 40 years and this property has generated fantastic returns and remains today, a great revenue producing, money maker!!

This is a full SxS Bi-level duplex featuring 3 bedrooms, one full and one half baths per side, located on a large 50x123 R-C2 lot, on a very quiet street in the heart of Bowness! The main floor offers a bright and open floor plan featuring vaulted ceilings and main floor laundry. There are balconies right off the kitchen. The lower level has 3 bedrooms and the 4-pce bath. Both sides have newer H/W tanks and F/A furnaces. The tenants on one side have resided there for 31 years and they would like to stay. The right side or 7526 side was recently renovated, newer carpet,…

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Potential, Potential, Potential! One owner for over 40 years and this property has generated fantastic returns and remains today, a great revenue-producing, money maker!!

This is a full SxS Bi-level duplex featuring 3 bedrooms, one and half baths per side, located on a large 50x123 R-C2 lot, on a very quiet street in the heart of Bowness! The main floor offers a bright and open floor plan featuring vaulted ceilings and main floor laundry. There are balconies right off the kitchen. The lower level has 3 bedrooms and 4-pce bath. Both sides have newer H/W tanks and F/A furnaces. The roof was replaced approx. 3 years ago with a membrane roofing material. The tenants on one side have resided there for 38 years and they would like to stay.…

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The Calgary Real Estate Board's latest market update has been released, and 2023 is already off to a great start! While there are shifts that may feel like the market is taking a hit, it actually is just beginning to balance itself out. This is good, and setting 2023 up for success. Here are some highlights from the report, which you can read in full by clicking here:

  • "The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties."
  • "There has been a shift in the composition of sales as detached homes only comprised 47 per cent of all sales."
  • "With 2,451 units available in inventory, levels remain 43 per…

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*** OPEN HOUSE - Saturday & Sunday, February 4 & 5, 2023, 1:30-4:00 pm *** Welcome to a total of four bedrooms, two full bathrooms, spacious Bilevel semi-detached half duplex on a very quiet street in the amazing inner city area of Bowness!!!!


The main level offers a spacious living room featuring newer laminate flooring, new paint and baseboards, newer windows and doors, bright patio doors that lead out to the large front balcony, and a kitchen featuring ample cabinets and newer stainless appliances. The lower level offers tons of potential and is partially finished or "unspoiled", ready to increase the value by adding some "sweat equity" and is ready for new development!! Also includes a newer hot water tank and a newer washer. The good-sized…

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Welcome to an amazing building lot and location in an exclusive enclave of Bowness!!

This huge 50 foot wide R-C1 lot was created by subdividing off the lot next door that the owner is currently in the process of finishing a brand new, approx. 3,000 sqft single family home! Numerous new homes were recently built in the immediate area creating a sense of community within the well established area of Bowness! There was a DP applied for to build another approx. 3,000 sqft home on this lot as well. Only a block away to the Bow river and river bike/walking path system, only 5 minutes to two hospitals, the Tom Baker Centre and the U of C, only 2 minutes away from Trinity Hills box stores, the new Greenwich Farmers Market and the new Superstore. A…

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The Calgary Real Estate Board had it's annual forecast event where they shared what we can expect from the real estate market in 2023. Here are some of the highlights from their report: 

  • "Elevated lending rates are expected to weigh on sales in 2023, bringing levels down from the record high in 2022. However, with forecasted sales of 25,921 in 2023, levels are still expected to be higher than the activity reported before the pandemic" (Calgary Real Estate Board).
  • "Supply levels declined to the lowest levels seen in over a decade as gains in higher price properties did not offset the supply declines occurring in lower-priced homes. This has left our market in a situation where lower-priced properties still face sellers’ market conditions while…

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Buying a property at the start of the year is such a great way to kick off the new year! You are setting yourself up for a new home base; the perfect launching point for all of the adventures to come. Here at Team Ken Richter, we are passionate about helping you find this launching pad. We are proud to have served all types of home buyers across the city for thirty plus years, and would love to partner with you in 2023 to make your dream home a reality!

Buying at the beginning of the year is not just advantageous as a desirable outcome, but it also comes with other benefits that those who wait will miss out on. Here are some reasons why buying a home early on is a solid strategic move:

1). Less Competition: Like many other industries, real…

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