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Sage Hill Open House!
On Sunday, June 26, 2016, I will be hosting an open house at #1211, 450 Sage Valley Drive NW from 1.00pm – 3.00pm. Come by to check out this gorgeous, second floor, corner condo in Sage Hill offering plenty of living space in a bright, contemporary setting.
Quick Details:
– Listed at $299,900
– 882 Square Feet
– 2 Bedrooms
– 2 Bathrooms
– Underground Parking
Check out the full listing details here.
As always, if you have any questions you would like answered before Sunday, feel free to give me a call at 403.703.1052.
See you soon!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
Just Listed – #1211, 450 Sage Valley Dr NW
Just listed today, #1211 – 450 Sage Valley Drive NW, a gorgeous, second floor, corner condo in Sage Hill offering plenty of living space in a bright, contemporary setting.
Quick Details:
– Listed at $299,900
– 882 Square Feet
– 2 Bedrooms
– 2 Bathrooms
– Underground Parking
The large, open kitchen features west facing windows, stainless steel appliances, upgraded cabinets, and granite countertops with plenty of space for storage. Relax in your living room, or open the patio doors and enjoy the sunshine on your quiet, south facing, private balcony!
Retreat to your master bedroom featuring a large walk-in closet and five-piece en-suite with a separate tub and walk-in shower.
Other features include a second bedroom, full bathroom, in-suite laundry, and underground parking and storage.
Stoney Trail provides quick and easy access to wherever you need to be, or public transit bus stops are just a few steps from your front door. Sage Hill Crossing and the Gate of Nolan Hill are only minutes from your new home, with City Market, Wal-Mart, Sobeys, and more!
Check out the full listing details for #1211, 450 Sage Valley Drive NW.
Call today to book a private viewing!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
Whitehorn Open House!
On Saturday, June 25, 2016, I will be hosting an open house at 56 Whiteram Gate NE from 1.30pm – 3.30pm. Come by to check out this newly renovated, spacious 4-bedroom home in Whitehorn!
Quick Features:
– Listed at $349,900
– 1407 Square Feet
– 4 Bedrooms
– 3.5 Bathrooms
– Single Attached Garage
– Fully Finished Basement
For full listing details, visit here.
As always, if you have any questions you would like answered before the weekend, feel free to give me a call at 403.703.1052.
See you soon!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
Edgemont Open House!
On Saturday, June 11, 2016, I will be hosting an open house at 44 Edgeford Way NW from 11am – 2pm. Come by to check out this updated, spacious bi-level duplex in Edgemont!
Quick Details:
– Listed at $349,888
– 913 Square Feet
– 3 Bedrooms
– 2 Bathrooms
– 2 Offices
– 2 Outdoor Decks
For full listing details, visit here.
As always, if you have any questions you would like answered before the weekend, feel free to give me a call at 403.703.1052.
See you soon!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
Just Listed – 44 Edgeford Way NW
Just listed today, 44 Edgeford Way NW, an updated, spacious bi-level duplex in Edgemont. Gorgeous ceramic tile and laminate floors throughout, with walls and ceiling freshly painted!
Quick Details:
– Listed at $349,888
– 913 Square Feet
– 3 Bedrooms
– 2 Bathrooms
– Two outdoor decks
Large main floor contains a comfortable, open living and dining area. Bonus features include a shaded balcony and a wood burning fireplace in the living room.
Retreat to the back of the home to find a full bathroom, two storage closets, the master and second bedroom.
The lower level is fully finished with a large recreation area, full bathroom, a third bedroom, and laundry room. There are two more den/office rooms at the front of the home that could easily be converted to bedrooms just by adding closets, creating a great five-bedroom home!
To top it all off, the large deck on the side of the house is the perfect place to relax and enjoy the summer! Public transit bus stops are just steps from your door, only a short ride to Dalhousie train station.
Check out the full listing details for 44 Edgeford Way NW.
Call today to book a private viewing!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
CREB® Statistics – Housing supply swells in cool spring market
The Calgary Real Estate Board (CREB®) has released their statistic report for May. A couple of quick statistics to take away from the article:
- Benchmark apartment price in Calgary $278,500
- Benchmark apartment prices declined by 0.7 per cent from last month
- Benchmark apartment prices declined by 5.6 per cent from last year
- Benchmark detached price in Calgary $500,500, a year-over-year decline of 3.4 per cent
- Benchmark attached price in Calgary $332,100, a year-over-year decline of 4.3 per cent
For the full report, continue below. As always, if you’re interested in finding out what these statistics mean for you and your specific property, feel free to get in touch with me at any time; sarah.paranych@century21.ca or 403.703.1052.
Housing supply swells in cool spring market
“While recent oil price gains may have some feeling optimistic, weakness in the labour market continues to impact housing demand,” said CREB® chief economist Ann-Marie Lurie. “Job losses are spreading into other sectors, wages are declining and unemployment levels remain high. At the same time, we’re seeing housing supply levels rise in the rental, new home and resale markets.”Calgary’s housing inventory was on the rise once again in May as new listings climbed and sales slowed to 1,923 units.
Inventory levels rose by 14 per cent in May to a total of 6,148 units. Every product type is experiencing these gains, but the largest inventory growth has occurred in the apartment and attached categories. Together, these sectors represent half of all resale inventories in Calgary.
“The resale apartment market has been the most difficult for sellers,” said CREB® president Cliff Stevenson. “They are competing with improved selection in the lower price ranges of the detached and attached markets, and facing increased competition from the new home sector, where builders are offering incentives to attract potential buyers.”
While apartment resale supply remains 22 per cent below the May high of 2,055 units in 2008, the combination of rising supply in the apartment sector and steep declines in sales activity has elevated months of supply to nearly six months.
The apartment sector of the market has experienced buyers’ conditions for more than 10 months, so the impact on pricing is more dramatic, compared to the detached and attached sectors.
In May, the apartment benchmark price totaled $278,500, a monthly and year-over-year decline of 0.7 and 5.6 per cent. In the detached and attached markets, home prices totaled $500,500 and $332,100, a year-over-year decline of 3.4 and 4.3 per cent.
Click here to view the full City of Calgary monthly stats package.
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403-703-1052
Whitehorn Open House!
On Saturday, May 28, 2016, I will be hosting an open house at 56 Whiteram Gate NE from 1pm – 3pm. Come by to check out this newly renovated, spacious 4-bedroom home in Whitehorn!
Quick Features:
– Listed at $364,900
– 1407 Square Feet
– 4 Bedrooms
– 3.5 Bathrooms
– Single Attached Garage
– Fully Finished Basement
For full listing details, visit here.
As always, if you have any questions you would like answered before the weekend, feel free to give me a call at 403.703.1052.
See you soon!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
Just Listed – 56 Whiteram Gate NE
Just listed today, 56 Whiteram Gate NE, a newly renovated, spacious 4-bedroom home in Whitehorn. Gorgeous laminate floors and carpet just installed, with the walls and ceiling freshly painted!
Quick Details:
– Listed at $364,900
– 1407 Square Feet
– 4 Bedrooms
– 3.5 Bathrooms
– Single Attached Garage
– Fully Finished Basement
Large main floor contains a comfortable, open living and dining area. The kitchen is fully equipped, and even comes with a cozy breakfast nook for intimate family gatherings! Retreat to the back of the home to find another family room, with a fireplace and built-in shelving.
Upstairs, your master suite comes complete with a walk-in closet and ensuite bathroom. Two additional bedrooms, closet, and a full bath offer a sizeable finish to the second floor!
The basement is fully finished with a separate entrance to the exterior. The open layout includes a large rec area, den, laundry room, full bath, and another bedroom. To top it all off, the large deck in the backyard is the perfect place to relax and enjoy the summer! Public transit is just steps from your door with the Whitehorn train station only a 5-minute walk away.
Check out the full listing details for 56 Whiteram Gate NE.
Call today to book a private viewing!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
CREB® Statistics – Minding the Gap
The Calgary Real Estate Board (CREB®) has released their statistic report for April. A couple of quick statistics to take away from the article:
- Benchmark prices declined by 0.4 per cent from last month
- Benchmark prices declined by 3.4 per cent from last year
- Benchmark price in Calgary $441,000
- Year to date apartment sales have declined by 19 per cent compared to last year
- Year to date attached sales have declined by 13 per cent compared to last year
For the full report, continue below. As always, if you’re interested in finding out what these statistics mean for you and your specific property, feel free to get in touch with me at any time; sarah.paranych@century21.ca or 403.703.1052.
Sellers continue to adjust pricing expectations
Market imbalance in Calgary’’’s residential resale housing market continued to weigh on citywide prices in April.
Much like the previous month, year-over-year sales fell while new listings increased, resulting in inventory gains across all sectors of the market.
As a result, benchmark prices in the city declined by 0.4 per cent from last month, and 3.4 per cent from last year, to $441,000.
For sellers, the reality of seven consecutive months of price declines has started to sink in, said CREB® president Cliff Stevenson.
“From re-considering the listing of their home to lowering expectations on price, sellers are beginning to adjust to the current market reality,” he said. “However, some buyers in the market are still not willing to pull the trigger because they expect even bigger discounts. And so that gap between buyers’ and sellers’ expectations still persists across many product types and locations.”
Despite this, the detached sector fared better relative to the other sectors of the market. While detached sales activity has fallen by over four per cent so far in 2016 compared to last year, the sales to new listings ratio improved in April. This prevented sharper inventory gains and caused months of supply to move toward more balanced levels.
The same cannot be said of other market sectors. Year-to-date apartment and attached sales declined by a respective 19 and 13 per cent compared to last year. Slower sales, combined with rising inventories, ensured that market conditions continued to favour buyers in these segments.
“While the weak economic climate is influencing demand, the apartment and attached sectors are further impacted by increased supply in the competing new home sector and rental markets,” said CREB® chief economist Ann-Marie Lurie. “This is one of the contributing factors to the steeper price declines recorded in the apartment sector.”
Since the start of the price declines, monthly unadjusted benchmark apartment prices have declined by 7.6 per cent, while semi, row and detached have declined by a respective 5.9, 4.6 and 4.1 per cent.
Click here to view the full City of Calgary monthly stats package.
Click here to view the full Calgary Region monthly stats package.
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403-703-1052
West Hillhurst Open House!
On both Saturday, March 12, 2016 and Sunday, March 13, 2016, I will be hosting an open house at 1932 Bowness Road NW from 1pm – 4pm. Come by to check out this beautiful, brand new duplex in the developed community of West Hillhurst.
Quick Features:
$1,014,500 Listed Price
2410 Square Feet
4 Bedrooms
4.5 Bathrooms
Double Detatched Garage
For full listing details, visit here.
As always, if you have any questions you would like answered before the weekend, feel free to give me a call at 403.703.1052.
See you soon!
Sarah Paranych
sellingcalgaryproperties.com
sarah.paranych@century21.ca
403.703.1052
