Archive for the ‘Calgary Communities’ Category

New Home Sweet Home Listing! 140 Cramond Green SE

Friday, January 18th, 2013

Home Sweet Home – Beautiful fully developed Bungalow in the sought after community of Cranston. This 890 sq.ft. home is on a quiet street, close to parks, schools and shopping. The main level of this home features an open layout with a large living, eating area with side entrance to the backyard, kitchen with oak cabinets, breakfast bar, pantry and white appliances, 3 pc. bathroom with an O/S shower and 2 good sized bedrooms. The lower level is fully developed with a large family room, full 4 pc. bathroom a 3rd bedroom and storage/mech. room. Other upgrades include main floor laundry, laminate floors, new carpet in upper bedrooms and double detached garage. All this on a fully fenced and landscaped lot with small rear deck. This home shows very well and will not disappoint!

Calgary Best Performing Real Estate Market in Canada

Tuesday, January 15th, 2013

CALGARY — Calgary was the only major Canadian market to see a year-over-year rise in MLS residential sales in December as the national market plunged and the city finished 2012 with the best annual sales growth in the country, according to the Canadian Real Estate Association.

In releasing a report Tuesday, the association’s data indicated Calgary MLS sales in December of 1,343 were up 7.2 per cent from December 2011 while Canada saw a decline of 17.4 per cent to 20,538 sales.

The average sale price in Calgary in December rose by 6.9 per cent from last year to $419,811 while Canada’s average jumped by 1.6 per cent to $352,787.

On an annual basis, Calgary sales of 26,634 were up 18.6 per cent year-over-year while they fell by 1.1 per cent throughout the country to 453,372.

The average annual sale price in Calgary rose by 2.3 per cent to $412,315 in 2012. It was up by 0.3 per cent in Canada to $363,740.

“Calgary bucked the national trend in 2012 as the market began to come alive, while others began to enter a long sleep. This occurred because of two main influences,” said Don Campbell, senior analyst and founding partner of the Real Estate Investment Network. “Over the previous three years, Calgary had not over-performed its underlying economic fundamentals like many other major markets across the country, especially Toronto and Vancouver. A lack of new housing being poured into the market also helped to keep the average sale price in check.

“Population growth in Alberta neared a record high in 2012 as many moved here to take advantage of the job growth. This expansion of the number of citizens who call Calgary home, whether temporarily or permanently, put upward pressure on the rental market in the city. This increase in (rents) pushed many into the purchase market and therefore began the upward demand on the home-purchase market. This trend will continue, and inevitably get stronger, in 2013.”

Calgary’s market is showing no signs of letting up in January. According to the Calgary Real Estate Board, month-to-date from January 1-14, there have been 375 MLS sales in the city, up 9.97 per cent from the same period last year while the average sale price has jumped by 11.75 per cent to $428,063.

In December, sales in Alberta fell by 1.9 per cent to 2,855 transactions and the average sale price went up by 4.8 per cent to $363,340. Over the year, sales in Alberta in 2012 rose by 12.3 per cent, the highest of any province, and the average sale price increased by 2.8 per cent to $363,208.

CREA’s Home Price Index in December, of seven major Canadian markets, saw the average benchmark price increase by 3.32 per cent in Canada. Regina led the country with 10.53 per cent growth followed by Calgary at 7.37 per cent.

“Similar to what we saw in September, December sales had fewer business days compared to the same month last year and most other years,” said Gregory Klump, CREA’s chief economist, about the national picture. “It factored into December’s year-over-year decline in sales activity.”

But he also said that “successive rounds of tightening mortgage regulations have kept the housing market in check during what has become an extended low interest rate environment.”

Sonya Gulati, senior economist with TD Economics, described 2012 as a lacklustre year for the Canadian housing market.

“With the whopping 17.4 per cent year-over-year change in sales seen in December, we suspect that the impacts from the mortgage rule tightening in July are now fully priced in,” she said. “We expect the Canadian housing market to stabilize at current levels over the next few months. When looking at previous mortgage rule tightening episodes, the housing market impacts have been temporary in nature. There is no reason to think that this time will be any different.”

Benjamin Reitzes, senior economist with BMO Capital Markets, said the Canadian housing market continues to cool.

“While some will focus on the deep dive in sales from a year ago, it looks as though prices are providing a better read on the health of the sector, as homeowners are in no rush sell,” he said. “Prices are easing gently, consistent with a soft landing through much of the country.”

mtoneguzzi@calgaryherald.com

Twitter: MTone123

© Copyright (c) The Calgary Herald

Calgary Luxury Home Market Sets Record Year in 2012

Monday, January 7th, 2013

CALGARY — Calgary’s luxury home market has been on fire this year and that flame is expected to continue burning into 2013.

Sales of properties valued at more than $1 million set a record in 2012 and the increase in sales in this market from the previous year is taking place at a higher pace than overall residential MLS sales in the city.

Shayna Nackoney-Skauge, a realtor with RE/MAX Rocky View Real Estate, says buyers these days seem to be more confident about the economy as the activity level for sales and showings in the luxury market continues to rise.

“Pricing is very competitive and buyers are definitely getting deals. They’re getting motivated sellers,” she says. “My experience lately selling higher-end homes is that the listings that are selling are a little extra motivated to sell. Buyers are seeing that and getting deals on some great properties. I think activity levels are higher than previous years because buyers are feeling more confident but still wary not to be over-paying.

“I’m also seeing buyers putting more down on a house which shows confidence in the market. The pricing for brand new luxury homes is definitely quite competitive right now – there are some good deals out there for high-end home buyers. With the exception of older luxury homes that are in fantastic view locations on larger lots, it’s tough for them to compete with some of the brand new builds.”

In 2012, 544 homes sold for more than $1 million each in Calgary.

The all-time record for luxury home sales in any month was set in May when 80 properties sold for more than $1 million each.

The previous high for most luxury home sales in an entire year was 458 during the 2007 housing boom.

Don Campbell, president of the Real Estate Investment Network in Canada, says it will be a record year again in 2013 for the Calgary luxury home market.

“What we’re finding is the incomes are moving quickly and what we call a luxury market in Calgary is almost considered an average market in Vancouver and Toronto. The in-migration is not just about the blue-collar workers,” says Campbell. “There are a lot of executives … moving into Calgary and they’re selling their properties in Vancouver and selling their properties in the Toronto area and Montreal and they’re coming here and going ‘I can get THAT for this price? I’ll take it’.”

Another pillar holding up the luxury home market in Calgary is consumer confidence, he says.

“When you’ve got consumer confidence coupled with three per cent interest rates and people are confident in their job and in their income, that’s the second pillar that’s going to hold up that luxury market,” explains Campbell.

Bob Jablonski, the Calgary Real Estate Board’s president, says the booming luxury home market is an indication that the people buying these types of homes are seeing strong long-term prospects for the city.

“Confidence in the marketplace. Stability. The fact we’re not like the rest of the country. They’re making adjustments as far as prices. And they’re actually getting a bigger bang for their buck. Larger homes are selling for less money than they were back in 2007,” says Jablonski. “They’re getting more house for their money … They’re saying ‘hey it’s a good investment. I can justify spending that kind of money’.”

He too doesn’t see any letdown in the luxury home market heading into 2013.

“The city’s growing. There’s a lot of in-migration still coming to the city. All the economic factors are there for continuing good news,” says Jablonski.

Rachelle Starnes, a realtor with Royal LePage Foothills, says the luxury market has been strong due to a softening of prices and there are no economic factors to suggest the market will be any different in 2013 than in 2012.

“We remain optimistic that we are headed for a bullish luxury real estate market in 2013,” says Starnes.

Tanya Eklund, a realtor with RE/MAX Real Estate Central, says Calgarians have seen wage increases and higher bonus structures in the last year due to profit margins increasing for companies. The city’s population has also increased with more people moving here.

“Low interest rates and lower inventory will continue to create demand,” says Eklund. “Low vacancy rates and rental rates, which are speculated to continue to rise, will help the real estate market as buyers will turn to purchasing instead of renting. Housing starts will be slightly down this year due to developers pulling back due to the amount of new inventory on the market which will also help the resale market.”

mtoneguzzi@calgaryherald.com

Read more: http://www.calgaryherald.com/business/Calgary+luxury+home+market+sets+record+year/7781584/story.html#ixzz2HJFrr43k

 

Calgary Home Sales and Prices Spike Higher in 2012

Friday, January 4th, 2013

Calgary’s real estate market has been very active this year.

 

 

CALGARY — Rising population numbers drove Calgary housing sales higher and brought average prices within a hair of the record set in 2007, according to the Calgary Real Estate Board.

On Wednesday it announced that 15 per cent more residential real estate sales were completed in the city of Calgary in 2012 than in 2011 and that average prices were up five per cent.

“Calgary’s housing market has finally started to recover,” said Ann-Marie Lurie, CREB’s chief economist, in a news release. “While prices remain shy of the highs recorded in 2007, this is a move in the right direction.”

There were 21,207 residential property sales in 2012, up from 18,496 in 2011.

The news comes as ATB Financial economist Will van’t Veld reported that Alberta likely welcomed more new Albertans in 2012 than in its boom years a decade ago.

“This isn’t surprising, as the labour market here has been the best in the country and housing costs are relatively affordable,” he wrote in a report.

“The stage is set for the trend to continue in 2013 and beyond.”

Through the first three quarters of 2012, almost 56,000 more individuals came to Alberta than left the province, ATB noted, adding that’s 6,000 more than in 2006, the year Alberta saw its largest in-migration, and 16,000 more than in 2005, the second highest in-migration year.

“The last time Alberta welcomed so many newcomers there wasn’t enough housing to shelter everyone and that sparked the housing boom,” said van’t Veld in a report.

“In the early 2000s, housing starts in Alberta weren’t strong and there was little surplus inventory, so the mid-decade influx of migrants put pressure on existing housing stock. The jump in real estate prices caused a building boom, which is why there is no major shortage today.”

Lurie attributed the recent growth in Calgary’s real estate sales to the energy sector.

“There is no question employment and migration growth has supported housing demand, a trend that is expected to continue this year, albeit at a slower pace,” she said.

CREB figures show that single-family sales rose by 15 per cent in 2012 compared to 2011 but new listings fell by seven per cent, significantly reducing the inventory and pushing prices higher.

“Consumers in the market were looking for value, and, if a home was priced right based on a longer term view of their housing needs, they were buying,” said CREB president Bob Jablonski.

The unadjusted average price of a single-family house in Calgary was $497,000 for the month of December, nine per cent higher than $455,000 in the same month of 2011.

For the year, average single-family prices were up three per cent to $481,000.

CREB said its “benchmark” or typical single family house sold for $434,800 in 2012, two per cent below peak pricing in 2007.

Sales in the apartment and townhouse sector recorded annual increases of 12 and 16 per cent, respectively, while listings declined in both sectors

Condominium apartment average prices totalled 304,000 in December, a 13 per cent increase over December 2011 but CREB cautioned that there were several multimillion-dollar condominium sales in 2012 that skewed figures higher.

Townhouses posted an average price of $306,000 in December, up 4.5 per cent from $293,000 a year earlier.

dhealing@calgaryherald.com

© Copyright (c) The Calgary Herald

Bridgeland Community Overview

Friday, April 16th, 2010

Bridgeland (formerly known as Riverside) is an inner city neighborhood in the north-east quadrant of Calgary, Alberta.

It is bounded to the south by Memorial Drive and the Bow River, to the east by Deerfoot Trail and Tom Campbell�s Hill, to the west by Edmonton Trail and to the north by the community of Renfrew. It is located immediately northeast of downtown Calgary and north of the Calgary Zoo.

A major redevelopment dubbed “The Bridges” commenced in 2004 on land previously occupied by the General Hospital and is underway as of 2007. It is a 37 acre inner city development, consisting of multi-family residential and mixed use buildings. The project includes 11.7 acres of parks and open space.

The Bridges is a transit-oriented development (TOD). The three phase project is located next to the Bridgeland-Memorial LRT station which is on the 202 Whitehorn/City Centre line of the city�s LRT, the C-Train. Early success of the project has seen it become an example development for cities interested in creating TODs.

Bridgeland is services by St. Angela and Langevin Community Schools.

TOP 10 Neighbourhoods in Calgary & Edmonton Voted By YOU!!!!!

Friday, March 19th, 2010

I found this article online at http://cityspice.travelalberta.com/#/16

Im gonna keep it short and sweet and only list the Calgary Communities chosen! Sorry Edmonton 🙂

# 9 – Marda Loop – http://www.mardaloopbrz.ca/

#7 –  17th Ave – http://www.uptown17.ca/default.asp

#4 – Mission – http://www.cliffbungalowmission.com/

#2 – Inglewood – http://www.calgary-inglewood.com/

#1 –  Kensignton – http://www.visitkensington.com/

Lots of fun stuff, and tips in the aritcle. ENJOY!

kensington_0011

For more information on any other Calgary Community  shoot me an email!

A few Reasons to Visit Calgary

Friday, January 22nd, 2010

Here is a good video I found on YouTube about Calgary. Even though we have Country Bars & Stampede, we’re definitely not that Country 🙂 .

http://www.youtube.com/watch?v=U9S02NDPs_s

watch?v=U9S02NDPs_s

Cool Hidden Spiral Wine Cellars & Six great deals on wine this month in Calgary.

Tuesday, January 19th, 2010

Cool Hidden Spiral Wine Cellars

Spiral Cellars Ltd is a company that provides watertight, pre-cast concrete wine cellars that can be installed almost anywhere in your home.

 

Each cylindrical wine cellar relies on the surrounding earth for its insulation and combined with an ingenious air-flow system, it requires no power to maintain its constant temperature.

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Cool Hidden Spiral Wine Cellars 6

Cool Hidden Spiral Wine Cellars 7

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Priced at $30,000+ these wine cellars are not for everyone; however, if you can afford one, it will definitely spice up your home and impress your friends.

For more information, visit spiralcellars.co.uk [via]

Article by : http://www.toxel.com

 

From top wine shops to the city’s best restaurants, there are a ton of great wine sales and wine deals going on around town this month.

A few to consider:

1. Kensington Wine Market will hold its annual sale Friday Jan. 22 through Sunday, Jan. 24. Show up for 10 to 15 per cent savings on all in-stock wines (and oh, it’s a wonderful store for wine-lovers), plus check out other in-store specials. Can’t make it into the store? You can also order online. No special orders or layaways, though, and no other promotional discounts (eg wine club discounts) can be used.

2. Divino Wine & Cheese Bistro is ofering Dom Perignon Champagne by the glass now through Feb. 14 (yes, Valentine’s Day) for $39 a glass. Think that sounds like a rip-off? Well, it’s a way to taste a legendary wine, a wine that goes for, oh, well over $200 a bottle.

3. Try a glass of $5 wine at Il Sogno during Casual Fridays; you can also get an appetizer for $5 — making a $10 Happy Hour not just a distant memory of the 1980s.

4.  CSN Wine & Spirits is also holding a major inventory sale Friday Jan. 22 to Sunday Jan. 24. Select wine, beer and spirits will all be on sale. A few to consider? All 2006 Bordeaux is 25 per cent off, all 2007 Bordeaux futures are on sale, all Sauternes are 20 per cent off, and all CSN-exclusive wines from Quintarelli and Domaine Clape have been reduce to clear. And there’s more: all vintage port is on sale, and all 375-mL, 1.5 L and 3 L bottles of wine are 20 per cent off. Email wineroom@csnwine.com for more information.

5. Every Wednesday at Vero Bistro Moderne, buy a bottle of wine and get a dozen free oysters.

6. And last but not least, the Vintage Group of restaurants (Vintage Chophouse, Rise Bakery and CafeRush, Redwater Rustic Grille, Bookers BBQ Grill and Crab Shack) is offering special deals on Ehlers Estate wines throughout February, in honour of it being Heart Month. Ehlers is a not-for-profit organic winery in California’s Napa Valley; Ehlers gives 100 per cent of its proceeds to international heart research.

By Shelley Boettcher Wed, Jan 13 2010 COMMENTS(0) Uncorked in Calgary

Captain John Palliser – Elementary – Calgary Public Schools

Tuesday, January 19th, 2010

Captain John Palliser School is dual track school with a regular and Montessori Alternative program. It is located in the northwest community of Brentwood, and serves the communities of Brentwood and The Hamptons for the regular program and Area I and II for the Montessori program. Students from Captain John Palliser generally move on to Simon Fraser School and Tom Baines for Grades 7 to 9. Sir Winston Churchill High School is the main high school in the neighbourhood.

About the School

The school opened in 1963 and is situated on 8.0 acres. It is one of the largest elementary schools in the city. The school has 23 classrooms, including a music room, art room, library, and gymnasium. We are a single-storey school, fully wheelchair accessible.

About School Name

Captain John Palliser School honours the name of an Irishman who was commissioned by the Royal Geographical Society to lead an expedition to the land that we know as western Canada. In the years 1857 -1860, his task was to explore, map and report on the general state of these western territories for possible settlement. As a scientific expedition, Palliser and his colleagues – Hector, Bourgeau, Sullivan and Blakiston accumulated a huge wealth of knowledge and information about this new land.

Palliser determined that the south western prairies were an extension of the central- American desert and thus, were unsuitable for agriculture. This piece of land, stretching as far east as the Manitoba border, west through southern Saskatchewan and into southern Alberta is known as the Palliser Triangle.

As explorers traveling unknown lands by canoe, horse, Red River cart, dog-sled and on snow-shoes, Captain John Palliser and his colleagues serve as strong role models for us. We are proud to bear his name as we explore, discover and imagine at Captain John Palliser School.
365b4a2e-bd96-4e4a-8568-afb31a8b7259
School Mission

In embracing the Calgary Board of Education mission statement, we strive to make positive and significant differences in the lives of all learners through our attention to wonder, hope, imagination, and excellence.

School Motto

Explore, Discover, Imagine

Unique Points

Close to:

  • Sir Winston Churchill Swimming Pool
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  • Nosehill Library
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  • Brentwood Arena
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  • Bussing available
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  • Lunchroom is in the gymnasium
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  • Before/After school care
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  • Wheel chair accessible
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  • Learning and Literacy Program
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  • Vision Progam
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  • Montessori Alternative Program – K-Gr. 3- will expand with a grade each year until Gr. 6
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  • Pre-Kindergarten program – tuition based

Student Enrolment (September 2009 )
Total Enrolment: 388
Info Provided by : http://schools.cbe.ab.ca/b210/

Calgary vies for Monopoly real estate

Friday, January 15th, 2010

Calgary Mayor Dave Bronconnier donned a top hat and bow tie to kick off a campaign to land the city as Monopoly’s hottest property.

Hasbro is releasing a new Canadian edition of Monopoly and allowing the public to vote on which 22 cities or towns will be featured in the board game.

Online voting at monopolyvote.ca began on Monday on a shortlist of 65 municipalities. People can also nominate wildcard communities that haven’t been mentioned.

The city that receives the most votes will be placed in the Boardwalk spot, the most valuable property in the board game.

Bronconnier, dressed as Mr. Monopoly who serves as the mascot of Monopoly, said he believes Calgary deserves Boardwalk.

“In international and national surveys, Calgary has been named the city with the highest quality of life and economic potential, safest city and cleanest city. Now’s our chance to snap up the prime real estate on one of the most popular games in the world,” said Bronconnier.

He encouraged Calgarians to vote early and often to support their city.

“The No. 1 real estate is up for grabs, and it won’t cost you anything other than a few keystrokes,” he said.

Mayors of other cities in the running have also started campaigns to push their communities to the top. The contest ends Feb. 7.

In a 2008 international competition, three Canadian cities earned places on Monopoly’s World Edition board, with Montreal landing Boardwalk.

 

19d047cb-a157-49bb-8a77-5ed3bd06fa1aCalgary Mayor Dave Bronconnier dons a top hat to encourage people to vote for the city to be included in the new Canadian edition of Monopoly. (CBC)
Article by : http://www.cbc.ca

 

If you would like to vote for Calgary Please visit : http://www.monopolyvote.ca/en_CA/world

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
MLS® MLS REALTOR® Realtor