I have listed a new property at 113 Signature WY SW in Calgary.
Welcome to the beautiful community of Signal Hill! This bright and spacious home features large windows with a lot of natural light coming in. It is equipped with central A/C to stay cool all summer long. The large living room with dining nook leads through to the back of the house to an open kitchen with plenty of cupboard space and a kitchen island eating bar. There is a balcony off of the kitchen that over looks the backyard. A huge master bedroom on the main floor comes complete with a 4 piece ensuite and there is another bedroom on the main level. There are two additional bedrooms in the basement, great for company or older children. The large basement rec room opens upstairs to the kitchen area allowing lots of sunlight into the basement and you can walk out to a stone patio under the balcony and a gorgeous backyard with lots of mature trees including an apple tree. Walking distance to C Train, shopping nearby and an amazing view!! Book your showing today!
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Please visit our Open House at 139 4810 40 AV SW in Calgary.
Open House on Saturday, August 24, 2019 2:00PM - 4:00PM Open House
Fresh and bright, this Glamorgan townhome is immaculate. A spacious living area looks out through sliding glass doors to a quiet back yard. The galley style kitchen features a unique peninsula island overlooking the living room to create an ideal space for entertaining. The upper level offers a large master bedroom as well as two additional bedrooms and a bathroom; the perfect layout for a young family, roommates, or hosting overnight guests. This home has been recently updated with new paint, carpet and a new fence. The back yard is wonderfully private, with mature trees surrounding the space. A patio is the perfect spot for grilling and outdoor relaxation. A spotless unfinished basement hosts additional storage as well as laundry, and is ready for your development ideas. This townhome is just steps to Sarcee Trail Place and Signal Hill Shopping Centre, 10 minutes to downtown, and close to Westhills, Mount Royal University and Glenbrook Plaza. Nearby schools, parks, and transit make this a convenient location with access to all amenities.
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Coming Soon! 113 Signature Way SW

Calgary, AB T3H 2X9


Original owner, excellent shape, custom built home, walking distance to the LRT, Walking distance to Sunterra West, close to Downtown, close to Westside Rec centre, south backyard, and more!


Call (403)207-1748 for your preview today, or check back to learn more about this home!

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I have listed a new property at 139 4810 40 AV SW in Calgary.
Fresh and bright, this Glamorgan townhome is immaculate. A spacious living area looks out through sliding glass doors to a quiet back yard. The galley style kitchen features a unique peninsula island overlooking the living room to create an ideal space for entertaining. The upper level offers a large master bedroom as well as two additional bedrooms and a bathroom; the perfect layout for a young family, roommates, or hosting overnight guests. This home has been recently updated with new paint, carpet and a new fence. The back yard is wonderfully private, with mature trees surrounding the space. A patio is the perfect spot for grilling and outdoor relaxation. A spotless unfinished basement hosts additional storage as well as laundry, and is ready for your development ideas. This townhome is just steps to Sarcee Trail Place and Signal Hill Shopping Centre, 10 minutes to downtown, and close to Westhills, Mount Royal University and Glenbrook Plaza. Nearby schools, parks, and transit make this a convenient location with access to all amenities.
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REALTOR.COM

Wendy Helfenbaum

Jul 17, 2019


You’ve lived in your home for years and haven't exactly been on top of regular maintenance tasks. Now, your windows are covered in plastic wrap to cut down on the cold drafts, your ceiling seems to be leaking, and those shrubs you planted to conceal a few small cracks in the foundation just aren’t cutting it anymore.


Hey, we’re not judging! But if you’re ready to put your home up for sale, know this: Buyers and their agents are going to zero in on all those things that need doing—as well as some things you hadn't even noticed yourself.


So why not get ahead of the curve by hiring a licensed home inspector who can pinpoint what needs fixing?


Of course, most sellers don’t get their homes inspected before listing them, because the buyer usually orders an inspection during escrow, says Marc Lyman, a Realtor® with Pacific Sotheby's International Realty in San Diego. And who wants to pay for something they don't have to?


But if you're willing to invest the time and money, a thorough inspection before listing your property can make it easier to price your home, manage repairs, and even help sell it faster—and for more money.


So what are the some of the reasons why a pre-listing inspection makes sense? Let's take a look.

It can save you if you've neglected home maintenance

If you have a busy life—or maybe even if you don't—chances are that obsessing over regular home maintenance might not be your No. 1 priority during downtime. Trouble is, letting painting, roof repairs, and other routine chores slide can lead to bigger issues down the road, says Chicago-based Frank Lesh, ambassador for the American Society of Home Inspectors.


“In a lot of cases, people think, ‘I've been here for 30 years; the house is fine. There's nothing wrong with it,’" he says. "But they’re looking at it with rose-colored glasses.”


Instead of worrying what a buyer’s inspector will uncover—and which could potentially kill the sale—be proactive with a pre-listing inspection, Lesh says. This way, rather than being blindsided, you can then decide whether to make the necessary repairs or to account for that deferred maintenance by reducing the list price. Which leads us to…

You can make a bigger profit on your sale

Sure, a home inspection that you don't have to do is going to cost money. (An inspection for a 1,200- to 1,500-square-foot house in an average market, for instance, will cost between $350 and $600, Lesh says.) But as the saying goes: Sometimes you have to spend money to make money.


After all, if you invest a little more to repair and spruce up anything the pre-inspection reveals, you can justify listing your home at a higher price, Lyman says. Plus, he adds, in most states, home improvement repairs you carry out before selling your house are deductible from the profit you make from the sale.


Sometimes, just knowing that a pro has given the house a proper once-over can persuade a buyer to make a bid (assuming that you actually follow the inspector’s recommendations).


“It minimizes surprises for a buyer, and can give a buyer more confidence in the property," Lyman says.

You won't have to scramble to fix things at the last minute

Once a buyer’s inspector submits a report, sellers are usually faced with two choices: If problems are found with the house, they can then either slash money from the sale price, or opt to carry out repairs before the closing date. That often leaves sellers in the lurch, having to get work done pronto—and sometimes paying a premium for the rush work.


After a pre-listing inspection, sellers can research contractors and make the necessary repairs within a time frame of their choosing, so that everything is ready before potential buyers even visit the property.

It'll minimize back-and-forth negotiation

Buyers often use their home inspection as leverage, asking the seller (that's you!) for steep discounts based on what their inspector’s report reveals. Not surprisingly, the buyer’s inspection is often where the deal falls apart.


If you’ve already uncovered the issues and addressed them, you can raise the price of your home accordingly, Lyman says. “That gives the buyer less leverage in the request for repair process,” he explains.


Also, in red-hot markets where multiple bids come fast and furious, there's always a chance that buyers might accept your pre-listing inspection without insisting on doing their own. This can make for a quicker sale, Lesh says.

But make sure a pre-inspection doesn’t work against you

As advantageous as a pre-inspection can be, don’t forget that the inspector’s report could be a double-edged sword: Once you know about a problem, you can’t ignore it, Lyman says.


Sellers are legally obligated to disclose any problems that a home inspection unearths.


“For sellers unwilling to do repairs, their own inspection could be used as leverage to negotiate on price and in the request-for-repair process,” he says.


Before committing to a pre-inspection, find out what other sellers in your area are doing. Your agent can help guide you on whether it's necessary to sell for more, or if there's a better—and more affordable—strategy for getting your home sold.


Source: https://www.realtor.com/advice/sell/why-get-a-home-inspection-before-putting-your-home-on-the-market/?identityID=545051f1edb28406c00001ba&MID=2019_0719_WeeklyNL&RID=2818564022&cid=eml_promo_Marketing_NonPRSL_WeeklyNL_cons.10896162_2019_0719_WeeklyNL-blog1homemarket-RDC

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I have listed a new property at 447 WILDWOOD DR SW in Calgary.
Unique opportunity in beautiful Wildwood! This home sits on a massive lot backing onto the Edworthy park ravine with full western exposure. Build your dream home or renovate to your heart’s content in the existing house. The living room looks out over the back of the property, and original hardwood, vaulted open beam ceilings, and a wood fireplace create a wonderful alpine chalet vibe. The kitchen offers plenty of storage and a large eating nook is great for family meals, or provides space to upgrade the current kitchen. A spacious master bedroom is features an ensuite and large dual closets. A second bedroom and bathroom and a main floor office complete this level. The original basement offers a third and fourth bedroom as well as large storage and utility rooms. This area of Wildwood is private and quiet, with stunning estate homes. Just minutes to Westbrook Mall, the river paths, and all amenities, this location is rare and highly desirable. Book your showing today!
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THE GLOBE AND MAIL 

Matt Lundy

July 19, 2019


The interest rate used in Canada’s mortgage stress tests has fallen for the first time since 2016, making it slightly easier to become a homeowner.


The mortgage qualifying rate dropped to 5.19 per cent from 5.34 per cent, where it had been locked since May of 2018, according to new figures from the Bank of Canada. The rate is derived from the most frequently occurring five-year, fixed posted rates at Canada’s Big Six banks. (Market rates are much lower, and some discount lenders offer five-year fixed rates as low as 2.47 per cent.)


The qualifying rate had increased several times during 2017 and 2018 as the Bank of Canada raised its key interest rate, and as bond yields headed higher.


But there’s been a notable shift in lending conditions as many central banks across the globe look to ease policies. Moreover, Canada’s five-year bond yield, which influences the direction of five-year fixed-rate mortgages, has tumbled this year. As a result, those mortgage rates have plunged roughly 70 basis points, according to a recent research note from BMO Nesbitt Burns.


The stress tests are used to ensure homeowners and prospective buyers could continue to afford their mortgage payments at higher interest rates, and apply only to federally regulated lenders. The Department of Finance first imposed a stress test on insured buyers, or those who typically make a down payment of less than 20 per cent of the home’s purchase price, starting in the fall of 2016. Canada’s banking regulator followed suit with a similar test on uninsured buyers, which went into effect in 2018.

 

The second test is widely credited as one of the factors that has weighed on resale activity in Canada’s real estate market.


The new qualifying rate will have a tangible impact on a home buyer’s purchasing power. For someone making a 20-per-cent down payment, and who earns $50,000 a year, the lower rate will allow them to afford a home that is roughly $4,000 more expensive, according to calculations from RateSpy.com. For those earning $100,000 a year, with the same down payment, they can buy a home about $8,300 pricier. (RateSpy assumes no other debts and a 30-year amortization.)


Source: https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-canadas-mortgage-stress-tests-just-got-a-little-easier/

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I have listed a new property at 2520 COCHRANE RD NW in Calgary.
Fantastic revenue or development opportunity in Banff Trail! A huge R-2 lot and an illegal basement suite offer options for rental or building. New carpet and paint throughout refresh the character of the home, which includes original hardwood and wood windows. The main floor offers three bedrooms, a spacious living area and a large kitchen. In the basement you’ll find a second kitchen, two more bedrooms and another large living space, as well as an office nook. The massive yard includes a detached garage and a paved parking pad. The options are endless, and the location is amazing. Just steps from Confederation Golf course, the home is near school and a short distance to all amenities.This amazing property won’t last long!
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I have listed a new property at 60 BAKER CR NW in Calgary.
Amazing income potential for over $3100 per month in this lovely Brentwood home! This rare home is set up with three separate living areas! The 3 bedroom main floor features a bright and open kitchen and living area with original hardwood, a gas fireplace, and an amazing sunroom overlooking the backyard. A one bedroom illegal suite in the basement offers an updated flooring and bathroom. Over the single garage, a studio/bedroom with its own entrance is an appealing bonus to this great property! This home has been extremely well maintained, especially for a rental property. Located on a fantastic street in Brentwood, the home is conveniently near schools and parks, walking distance to transit, and a short drive to the local shopping centre. Don’t miss this phenomenal opportunity!
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CALGARY HERALD

Joel Schlesinger

July 23, 2019


Calgary’s luxury market is still slow, according to a recent report by Sotheby’s International Realty Canada.

Despite positive signs for lower priced homes in the city, Sotheby’s found the $1 million-plus market for real estate has not experienced similar momentum in the first half of the year.


“We’ve started to see a lot of activity in the under $500,000 category, particularly in the single-family dwelling,” says Don Kottick, president and chief executive officer of Sotheby’s International Realty Canada. “But when you get to the million-plus market, it’s still a buyers’ market and we’re still seeing an inconsistent performance.”

The 2019 Mid Year End Real Estate Report from Sotheby’s International Realty Canada revealed the luxury market for Canada’s largest cities is bifurcated.


“The big story in this report is that top-tier markets have veered in different directions in the first half of 2019,” he says. “That’s even with the second quarter gains we started to see in the overall housing market.”

The report suggests Toronto, which had experienced a correction of past year, is now “revitalized,” Kottick says. What’s more, Montreal is on pace for another healthy year of growth for its luxury real estate market.

“Then you have the Vancouver market, which is still a buyers’ market,” he adds.


Similarly, Calgary is struggling largely due to the difficulties faced by the province’s leading industry: energy.

Overall sales in the $1 million-plus market in the city fell 21 per cent in the first six months of the year compared with the same period in 2018. In the first half of the year, 275 properties changed hands as opposed to 350 in the first six months the previous year.


The numbers were slightly better in most categories from January to June this year than the last half of 2018, except in the condominium category.


“The condo market is still a little bit vulnerable based on the weakened demand for condominiums, but with the job situation picking up, hopefully, we see things improve going forward.”


Indeed, the economy is looking better, Kottick adds, pointing to a recent report by Calgary Economic Development that forecasts the city’s economy will experience steady growth over the next five years.


Recent job numbers also “are looking positive for all of Alberta, specifically Calgary,” he notes.


To that end, Calgary added 7,500 jobs in May and June, mostly in the energy sector, Statistics Canada data show. Kottick further suggests the latest provincial election and approval of the Trans Mountain Pipeline should bolster sales activity in the coming months.


“There’s the go ahead for the pipeline; the job numbers are looking better, and there is more activity in the market,” he says. “Plus, there’s an (federal) election coming up and depending on how that goes, it could breathe more life into the economy in Calgary.”


In the meantime, he says reasonably priced properties in sought-after areas generally face fewer headwinds.

“Properties are still selling,” Kottick says. “But it largely comes down to buyer and seller expectations.”


Source: https://calgaryherald.com/life/homes/new-homes/calgarys-luxury-market-quiet-through-first-half-of-2019-while-home-sales-under-500000-pick-up

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I have listed a new property at 95 PANORA SQ NW in Calgary.
Bright, open, clean; fall in love with this gorgeous home on quiet Panora Square. A wide front porch and lovely landscaping are inviting; the living area looks out over a peaceful park. The spacious kitchen features granite counters and stainless steel appliances as well as an eat up island. Extra closet space, a pantry, and a main floor powder room are added conveniences. Upstairs, a large master offers an ensuite and walk-in closet. Two more spacious bedrooms with walk-in closets, another bathroom, and upstairs laundry are an ideal family layout. An unfinished basement has electrical installed and is ready for your development ideas. Additional upgrades include a gas line to the back deck and additional line roughed-in for future gas stove as well as extra drainage installed around the home. In the yard, beautifully maintained grass, raspberry bushes, and raised vegetable garden beds off the large deck leave plenty of space to build your dream garage over the parking pad! A multi-zone sprinkler system with drip and spray options is set to automatically water the garden, berries and hanging baskets, so you’ll always have a gorgeous outdoor space. This home is walking distance to shopping and the community features a water park and walking paths.
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Please visit our Open House at 95 PANORA SQ NW in Calgary.
Open House on Saturday, July 27, 2019 2:00PM - 4:00PM
Bright, open, clean; fall in love with this gorgeous home on quiet Panora Square. A wide front porch and lovely landscaping are inviting; the living area looks out over a peaceful park. The spacious kitchen features granite counters and stainless steel appliances as well as an eat up island. Extra closet space, a pantry, and a main floor powder room are added conveniences. Upstairs, a large master offers an ensuite and walk-in closet. Two more spacious bedrooms with walk-in closets, another bathroom, and upstairs laundry are an ideal family layout. An unfinished basement has electrical installed and is ready for your development ideas. Additional upgrades include a gas line to the back deck and additional line roughed-in for future gas stove as well as extra drainage installed around the home. In the yard, beautifully maintained grass, raspberry bushes, and raised vegetable garden beds off the large deck leave plenty of space to build your dream garage over the parking pad! A multi-zone sprinkler system with drip and spray options is set to automatically water the garden, berries and hanging baskets, so you’ll always have a gorgeous outdoor space. This home is walking distance to shopping and the community features a water park and walking paths.
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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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.