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7 Tips on How to Save on a Bathroom Remodel
Looking to give your bathroom a fresh new look without breaking the bank? Here are some tips to help you save on your bathroom remodel:
1) Keep the layout the same to avoid costly plumbing and electrical work.
2) Shop around for affordable materials, fixtures, and finishes.
3) Consider refinishing or reglazing your bathtub or shower instead of replacing it.
4) Update the lighting fixtures to give the space a modern touch.
5) Paint the walls and cabinets for an inexpensive way to transform the space.
6) Add a new shower curtain, bathmat, and towels for an instant refresh.
7) DIY where you can save on labor costs.
By following these tips, you can update your bathroom on a budget and create a space that you love.
Happy remodeling!
Sarah Paranych, REALTOR®
Century 21 Bamber
wesellcalgary.homes
sparanych@outlook.com
403.703.1052
CREB® Statistics – Calgary home prices reach new heights: July sees seventh consecutive monthly gain
The Calgary Real Estate Board (CREB®) has released their statistic report for July 2023. A couple of quick statistics to take away from the article:
- Rising rates had little impact on sales this month as the 2,647 sales represented a year-over-year gain of 18 per cent, reflecting the strongest July levels reported on record.
- In July, the unadjusted total residential benchmark price reached $567,700, marking the seventh consecutive monthly gain.
- Conditions remain tight for apartment condominiums with a sales-new-listings ratio of 84 per cent and a months of supply of 1.4 months.
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; sparanych@outlook.com or 403.703.1052.
Rising rates had little impact on sales this month as the 2,647 sales represented a year-over-year gain of 18 per cent, reflecting the strongest July levels reported on record. The record-setting pace has been driven mainly by significant gains in the relatively affordable apartment condominium sector. Despite recent gains, year-to-date sales have declined by 19 per cent over last year.
In line with seasonal expectations, sales and new listings trended down compared to last month. However, this had minimal impact on inventory levels, which remained near the July record low set in 2006. With a sales-to-new-listings ratio of 82 per cent and a months of supply of 1.3 months, conditions continue to favour the seller.
“Continued migration to the province, along with our relative affordability, has supported the stronger demand for housing despite higher lending rates,” said CREB® Chief Economist Ann-Marie Lurie. “At the same time, we continue to struggle with supply in the resale, new home and rental markets resulting in further upward pressure on home prices.”
In July, the unadjusted total residential benchmark price reached $567,700, marking the seventh consecutive monthly gain. Prices are now over four per cent higher than the previous peak in May of 2022.
Detached
With 1,197 sales and 1,587 new listings in July, inventory levels trended up over last month. However, with 1,720 units available, inventory levels are at the lowest ever reported for July. Inventory levels have declined across all properties priced below $1,000,000.
Shifts in sales and inventory have caused the months of supply to trend up over the one month reported over the past several months. However, conditions remain relatively tight, and prices continued to rise this month. In July, the unadjusted benchmark price rose to $690,500, a monthly gain of nearly one per cent and over seven per cent higher than last July. Both year-over-year and monthly price growth was strongest in the city’s most affordable North East and East districts.
Semi-Detached
With only 248 new listings in July and 211 sales, the sales-to-new-listings ratio once again pushed above 85 per cent. The pullback in new listings relative to sales ensured that inventory levels remained low, and the months of supply remained just over one month.
With no shift in the sellers’ market conditions, the unadjusted benchmark price continued to trend up in July, reaching $616,800. Monthly gains were strongest in the North East and East district as both rose by over two per cent compared to June. The only district that experienced stability in monthly prices was the City Centre.
Row
July reported 488 new listings and 467 sales, resulting in a sales-to-new listings ratio of 96 per cent. This prevented any additions to the inventory and left the months of supply below one month for the fourth consecutive month.
The persistent sellers’ market conditions caused further price gains for row properties. As of July, the benchmark price reached $407,500, nearly two per cent higher than last month and 14 per cent higher than prices reported last July. Prices trended up across all districts, with the highest monthly gain occurring in the west district at nearly four per cent. The slowest monthly gains happened in the City Centre.
Apartment Condominium
July sales continued to rise over last year’s levels, leaving year-to-date sales 16 per cent higher than levels reported last year. This is the only property type that has reported a year-to-date gain in sales activity. This has been possible thanks to recent gains in new listings. However, conditions remain tight for apartment condominiums with a sales-new-listings ratio of 84 per cent and a months of supply of 1.4 months.
The strong demand relative to supply for this property type has driven further price gains this month. As of July, the unadjusted benchmark price reached $305,900, nearly one per cent higher than last month and over 12 per cent higher than last July. While prices are higher than last year in every district, the city center has yet to see the same level of pressure on prices and has reported the lowest year-over-year growth at nearly nine per cent.
REGIONAL MARKET FACTS
Airdrie
New listings this month remained comparable to last month. Meanwhile, sales trended down, supporting a modest gain in inventory and a sales-to-new listings ratio of 84 per cent. This also helped push the months of supply back above one month.
Despite the monthly gain in the months of supply, conditions remain exceptionally tight and continue to favour the seller. This caused further price growth as the unadjusted benchmark price rose nearly one per cent over last month to $514,100. Prices have been improving across all property types, but the detached benchmark price has pushed above $600,000 in Airdrie for the first time.
Cochrane
With 110 new listings and 85 sales, the sales-to-new-listings ratio remained at 77 per cent this month. This helped contribute to a modest gain in inventory levels, and the months of supply rose to nearly two months.
Despite this shift, conditions remained exceptionally tight in the Centre, and prices continued to trend up. As of July, the unadjusted benchmark price reached $529,700, nearly one per cent higher than last month and over three per cent higher than last July. Price growth has occurred across all property types, and the detached benchmark price now sits at $626,100.
Okotoks
July reported 78 new listings and 67 sales, keeping the sales-to-new-listings ratio elevated at 86 per cent and preventing any significant shift in inventory levels. Nonetheless, the months of supply did rise to above one month following the exceptionally low levels reported over the past two months.
While conditions are not as tight as last month, the market still favours the seller, and prices trended up over last month, with a benchmark price reaching $586,900. Prices now sit over seven per cent higher than last year, with the most significant year-over-year gain occurring in the semidetached sector. Detached benchmark prices pushed up to $655,100 in July,
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, REALTOR®
wesellcalgary.homes
sparanych@outlook.com
403-703-1052
Source: CREB®
Should You Sell or Renovate?
Staring at the same wallpaper and pondering if it’s time for a change? 🤔 Here’s a 5-point checklist to help you decide between selling your home or giving it a renovation glow-up:
- Cost: Factor in closing and moving costs if you’re selling, and get several quotes if you’re considering a renovation. Which option makes the most financial sense?
- Space: If you’re feeling squeezed, remember a kitchen remodel, or new floors won’t add square footage. In that case, moving could be your answer.
- Emotional Readiness: Do you feel ready to say goodbye to your current home, or does it still pull at your heartstrings?
- Renovation Effect: Sometimes, updating your home before selling can reignite your love for it. Are you ready for that possibility?
- Future Steps: Have a game plan. If you do decide to sell, be sure you have a backup plan if your next dream home isn’t readily available.
Whichever route you choose, make sure it aligns with your lifestyle and future goals.
Need help analyzing which route may be best for you? Get in touch and we can go over all your options together.
Sarah Paranych, REALTOR®
Century 21 Bamber
wesellcalgary.homes
sparanych@outlook.com
403.703.1052
CREB® Statistics – Another record-high month for Calgary
The Calgary Real Estate Board (CREB®) has released their statistic report for June 2023. A couple of quick statistics to take away from the article:
- We witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June.
- The inventory for June stood at 3,458 units, marking a decline of over 36 percent from last year and reaching the lowest levels for June in nearly two decades.
- With a supply of just over one month, the current market conditions continue to favour sellers, placing upward pressure on home prices. In June, the total residential benchmark price reached $564,700, representing a monthly unadjusted gain of one percent and four percent higher than last year’s levels.
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; sparanych@outlook.com or 403.703.1052.
The housing market in Calgary witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June. Although year-to-date sales are currently 23 percent lower than last year, they remain significantly higher than pre-pandemic levels.
Notably, there has been a positive trend in new listings, providing relief and a monthly increase in inventory levels. However, despite these improvements, the inventory for June stood at 3,458 units, marking a decline of over 36 percent from last year and reaching the lowest levels for June in nearly two decades.
“The demand for housing remains robust, bolstered by a healthy labour market and increased migration levels, which helps offset the impact of higher lending rates,” said CREB® Chief Economist Ann-Marie Lurie. “Although we have seen some recent improvements in new listings, particularly for apartment condominiums, it is not enough to cause any substantial change from the low inventory situation in our city. While new home starts are on the rise, it will take time to observe their impact on supply.”
With a supply of just over one month, the current market conditions continue to favour sellers, placing upward pressure on home prices. In June, the total residential benchmark price reached $564,700, representing a monthly unadjusted gain of one percent and four percent higher than last year’s levels.
Detached
A monthly gain in new listings supported a monthly increase in inventory levels. However, with only 1,651 units available in June, levels hit a new record low for the month. Inventories declined across most price ranges, but the steepest declines occurred in homes priced below $600,000. Of all the inventory in June, only 24 per cent was priced below $600,000, a significant drop from last year, where that market segment represented 45 per cent of the supply.
Limited inventory, especially in the lower price ranges, ensured that the market continued to favour the seller, driving further gains in home prices. As of June, the benchmark price reached $685,100, an unadjusted monthly gain of nearly two per cent and a year-over-year increase of six per cent. Year-over-year gains were the highest in the most affordable North East and East districts.
Semi-Detached
New listings in June improved, helping support modest monthly gains in inventory levels. However, with 268 units in inventory and 240 sales, the months of supply remained exceptionally tight at just over one month. The persistently tight market conditions have contributed to further price gains for this property type. As of June, the benchmark price reached $613,100, over two per cent higher than last month and nearly six per cent higher than levels reported in the previous year at this time.
Persistently tight conditions across all districts supported price growth. Year-over-year price growth ranged from a low of 4.5 per cent in the city centre to a high of 17 per cent in the East district.
Row
Both sales and new listings trended up over the levels reported last month. Still, with a sales-to-new-listings ratio of 86 per cent and months of inventory below one month, conditions continued to favour the seller placing upward pressure on home prices.
In June, the benchmark price reached $400,000, over two per cent higher than last month and over 11 per cent higher than last year. Prices improved across all districts in the city, with the most significant monthly gains occurring in the East, North East and South districts. These districts have also reported year-over-year price gains of nearly 20 per cent.
Apartment Condominium
Sales in June reached 857 units, 48 per cent higher than last year. Over the past three months, sales growth was enough to cause year-to-date sales to rise by 11 per cent over last year. The gain in sales was possible thanks to improving new listings. However, persistently strong demand for affordable product has prevented inventories from improving. In June, inventory levels reached 1,116 units, the lowest level for the month reported since June 2013.
Persistently tight conditions contributed to the sixth consecutive month where prices rose. As of June, the benchmark price reached $303,200, nearly two per cent higher than last month and 12 per cent higher than last year’s levels. While unadjusted prices have hit a new record high, prices remain below the peak in the City Centre, North East and East districts.
REGIONAL MARKET FACTS
Airdrie
A pullback in new listings contributed to slower sales activity this month. With 245 new listings and 221 sales, the sales-to-new listings ratio remained elevated at 90 per cent. This also prevented any significant shift in the inventory situation, keeping the months of supply below one month.
As market conditions continue favouring the seller, Airdrie reports further gains in home prices. As of June, the unadjusted benchmark price reached $511,100, representing a new record high for the city. Prices have risen across all property types, with the largest gains occurring in the row and apartment condominium sectors.
Cochrane
Sales activity in June eased, contributing to the year-to-date decline of 30 per cent. While the decline seems significant, levels are still far higher than any sales level reported before the pandemic. Like other areas, Cochrane is struggling with low inventory levels as significant declines in new listings limit consumers’ choices.
Persistently tight market conditions have contributed to further gains in home prices. As of June, the unadjusted benchmark price reached $526,500, nearly two per cent higher than last month’s and last year’s levels. This also reflects a new record high price for the town.
Okotoks
With 87 sales and 84 new listings, the sales to new listings ratio once again pushed above 100 per cent. This caused further inventory declines, and the months of supply dropped to 0.7 months, the lowest level ever reported for June.
The persistently tight conditions caused prices to rise again in June. The unadjusted benchmark price reached a record high of $585,300, reflecting a two per gain over last month and six per cent higher than last year.
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, REALTOR®
wesellcalgary.homes
sparanych@outlook.com
403-703-1052
Source: CREB®
Just Listed | 176 Aspenmere Close | Chestermere, AB
Your dream home awaits in the community of Westmere, located in the beautiful lake community of Chestermere! This executive 4-bedroom home offers the perfect blend of luxury, comfort, and natural surroundings. Situated on a generous lot that backs onto a serene walking path, this fully developed home is sure to impress even the most discerning buyers.
Quick Details:
– Listed at $799,900
– 2968 Total Developed Square Feet
– 4 Bedrooms
– 3 Full Bathrooms, 1 Half Bathroom
– Double Attached Garage
– Backing Onto Greenspace/Walking Paths
View the full listing details for 176 Aspenmere Close.
As you step through the front door, you are greeted by a grand foyer that sets the tone for the rest of the house. The main level boasts an open-concept layout, ideal for both entertaining and everyday living. The spacious living room is bathed in natural light streaming through large windows that rise to a vaulted ceiling, creating a warm and inviting ambiance. The upgraded hardwood floors add an elegant touch, while the cozy fireplace flanked with bookshelves creates a focal point for gatherings.
The gourmet kitchen is a chef’s delight, featuring top-of-the-line stainless steel appliances, sleek granite countertops, and ample cabinet space. The center island provides a perfect spot for meal prep or casual dining, while the adjacent formal dining area offers an elegant space for hosting dinner parties or family celebrations. The private office is spacious and provides a peaceful space to work from home, or doubles as a playroom.
Upstairs, you will find a luxurious primary suite that serves as your personal oasis. It features a spacious bedroom with a large walk-in closet with custom built-in closets and a spa-like ensuite bathroom complete with a soaking tub, separate shower, and double vanity.
Three additional generously sized bedrooms, each with their own walk-in closet and a full bathroom provide plenty of space for family and guests.
The fully developed basement offers additional living space, perfect for a home theater, recreation room, or an additional bedroom, or home gym. There is also a convenient full bathroom and plenty of storage space to accommodate your needs.
Stepping outside, you’ll discover a backyard paradise. The spacious deck with metal gazebo is an ideal spot for outdoor entertaining, overlooking the lush greenery and the peaceful walking path. Whether you’re sipping your morning coffee or hosting a summer barbecue, this backyard oasis is the perfect backdrop for creating lasting memories. Other upgrades include: upgraded interior lighting, built-in speakers, Trimlight permanent outdoor lighting, poured pad in backyard, interior stonework and professionally designed basement development. You’ll have access to a range of amenities, including lake access, parks, walking trails, and recreational facilities. Enjoy the tranquility of the water while indulging in activities such as boating, fishing, or simply relaxing by the water’s edge. With its upgraded features, stunning location, and ample living space, this executive 4-bedroom home is a rare find.
Don’t miss out on the opportunity to make it your own. Contact us today to schedule a private showing and experience the epitome of lakeside living!
View the full listing details for 176 Aspenmere Close.
Sarah Paranych, REALTOR®
Century 21 Bamber
wesellcalgary.homes
sparanych@outlook.com
403.703.1052
6 Curb Appeal Ideas for Every Budget
Boosting your home’s curb appeal doesn’t have to break the bank.
Check out these 6 ideas for every budget:
1) Add Greenery: Plants, flowers, and shrubs are a great way to add life to your home’s exterior.
2) Repaint or Touch Up: A fresh coat of paint on your home’s exterior can significantly impact you.
3) Upgrade Lighting: Upgrade your outdoor lighting by installing new fixtures or adding landscape lighting to highlight your home’s best features.
4) Enhance Your Front Door: Your front door is one of the first things visitors see, so consider adding a fresh coat of paint, adding new hardware, or replacing it altogether.
5) Clean and Declutter: A clean and organized exterior can make a big difference. Power wash your home’s exterior, clean your windows, and remove clutter or debris.
6) Install New Hardware: Upgrading your hardware, such as your mailbox or house numbers, can add a polished touch to your home’s exterior without breaking the bank.
Which curb appeal idea are you most excited to try?
Sarah Paranych, REALTOR®
Century 21 Bamber
wesellcalgary.homes
sparanych@outlook.com
403.703.1052
Just Listed – 169 Aspen Hills Way SW
Looking to live in your modern dream home? This immaculately located executive family residence in Aspen Woods is the one you’ll want!
Quick Details:
– Listed at $1,099,900
– 3008 Total Developed Square Feet
– 4 Bedrooms
– 3 Full Bathrooms, 1 Half Bathroom
– Extensive Upgrades Throughout!
View the full listing details for 169 Aspen Hills Way SW.
Take a walk through this home on a virtual tour here!
Situated walking distance from Webber Academy and just minutes from the outskirts of Calgary, this home gives you the simplicity of sending your children to walk to school on their own and the ease of escaping to the mountains for a quick getaway. Once inside, you’re greeted by a truly open-concept layout of over 3000 total sq.ft which blends a large dining area, a full-sized chef’s kitchen, a living room complete with an inviting gas fireplace and plenty of windows to bring in the natural light – but you’ll keep cool in the summer with the central A/C.
Kitchen upgrades include full-height cabinets, stainless steel appliances, and a luxurious waterfall granite island.
From there, step outside to spend time in your fully landscaped, south-facing backyard complete with a deck and an extra patio area – ideal for a firepit, perfect for those summer nights when company comes over!
Escape to the upstairs level offering a generous bonus room, laundry room, main full bathroom, and 3 total bedrooms.
Retreat to the over-sized primary bedroom where you’re welcomed with warm sun from your full south-facing windows. The large 5-piece ensuite features comfort height countertops, a walk-in shower, and spa like tub, complete with custom built-in organizers in the walk-in closet.
The fully finished basement is perfect for games and drinks with friends, with a wet-bar and a large gathering space to spend your evenings. You’ll also find a 4th bedroom complete with a 4-piece bath and all the storage space you could ask for.
Conveniently located only 20 minutes from downtown, you’re also just a short distance from shopping centers, transit, recreation facilities, and more.
Call today to book your private viewing!
View the full listing details for 169 Aspen Hills Way SW.
Take a walk through this home on a virtual tour here!
Sarah Paranych, REALTOR®
Century 21 Bamber
wesellcalgary.homes
sparanych@outlook.com
403.703.1052
CREB® Statistics – May Sales Reach a Record High
The Calgary Real Estate Board (CREB®) has released their statistic report for May 2023. A couple of quick statistics to take away from the article:
- We continue to see fewer new listings on the market than last year, causing inventory levels to fall. With a sales-to-new-listings ratio of 85 per cent and months of supply of one month, conditions continue to favour the seller placing further upward pressure on home prices.
- In May, the unadjusted benchmark price reached $557,000, over one per cent higher than last month and nearly three per cent higher than last year’s monthly peak price of $543,000.
- As of May, the unadjusted benchmark price of an apartment condominium price reached $298,600, a monthly gain of over one per cent and a year-over-year gain of nearly 11 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; sparanych@outlook.com or 403.703.1052.
Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year.
At the same time, we continue to see fewer new listings on the market than last year, causing inventory levels to fall. With a sales-to-new-listings ratio of 85 per cent and months of supply of one month, conditions continue to favour the seller placing further upward pressure on home prices.
“Calgary’s housing market continues to exceed expectations with the recent gain in sales activity this month,” said CREB® Chief Economist Ann-Marie Lurie. “The higher interest rate environment and recent rental rate gains have driven more consumers to seek apartment condominium units. In addition, the recent rise in new apartment listings has provided enough options to support the sales gain. Calgary continues to benefit from the relatively healthy job market and recent population growth keeping housing demand strong across all property types.”
Persistently tight market conditions drove further price growth this month. In May, the unadjusted benchmark price reached $557,000, over one per cent higher than last month and nearly three per cent higher than last year’s monthly peak price of $543,000.
Detached
Rising sales for homes priced above $600,000 was not enough to offset declines in the lower price ranges as May sales reached 1,486, a year-over-year decline of eight per cent. New listings continue to fall for homes priced below $700,000, providing limited choice for consumers seeking out lower-priced detached homes. While new listings did improve for higher-priced properties, the relatively strong demand kept conditions tight across all price ranges, driving further price gains.
In May, the detached benchmark price reached $674,000, nearly two per cent higher than last month and over four per cent higher than last year’s peak price of $647,000. While each district reported a new record high price this month, the year-over-year gains ranged from a high of 12 per cent in the East District to a low of two per cent in the City Centre.
Semi-Detached
Sales also rose to near-record highs for the month for semi-detached homes. However, with 279 sales and 269 new listings this month, inventories fell, and the months of supply dropped below one month.
The exceptionally tight conditions caused further price gains, which for the first time, pushed above $600,000. This is the seventh consecutive month where prices have trended up, and as of May, levels are over three per cent higher than last year’s monthly peak. Like the detached sector, each district reported new record high prices in May. However, the strongest year-over-year gains occurred in the most affordable East district at nearly 12 per cent.
Row
New listings in May improved over levels seen earlier in the year, but thanks to monthly gains in sales, the sales-to-new listings ratio remained exceptionally high at 89 per cent, preventing any significant shift in the low inventory situation. While sales activity is still lower than last year’s levels, this is likely related to the lack of supply in this segment of the market. Inventory levels are down 50 per cent compared to last year.
With less than one month of supply, it is not a surprise that prices continue to rise. In May, the benchmark price reached $390,500, a two per cent gain over last month and nearly nine per cent higher than last year’s peak price of $359,600. Row prices rose across all districts, with year-over-year gains exceeding 15 per cent in the city’s North East, South and East districts. The slowest price gains occurred in The City Centre, North West and South East at rates of over seven per cent.
Apartment Condominium
Sales in May reached 858 units, a year-over-year gain of 36 per cent and high enough to cause year-to-date sales to rise by four per cent for a new record high. Stronger sales were possible thanks to the recent gains in new listings. There were 1,025 new listings in May, a year-over-year gain of eight per cent. Despite the gain in new listings, the sales-to-new listings ratio remained high at 84 per cent, preventing any significant shift in inventory levels. As a result, inventory levels remained 23 per cent lower than what was available in the market in May 2022. The rising sales and low inventories kept the months of supply low at just over one month.
Persistently tight conditions drove further price gains in May. The unadjusted benchmark price reached $298,600, a monthly gain of over one per cent and a year-over-year gain of nearly 11 per cent. The recent growth has finally caused unadjusted apartment condominium prices to return to 2014 levels. Unlike other areas, not all districts reported a new record high price. The only areas to report a full recovery were the North, North West, West and South East districts. Overall year-over-year price growth ranged from a high of 16 per cent in the North District to a low of 10 per cent growth in the City Centre.
REGIONAL MARKET FACTS
Airdrie
Limited supply choice continues to weigh on sales activity in Airdrie. In May, there were 260 new listings and 225 sales, keeping the sales to new listings ratio high at 87 per cent and preventing any significant shift in inventory levels. However, with less than one month of supply, conditions are tighter than they were last year at this time.
Persistently tight conditions caused prices to trend up for the fifth consecutive month. The benchmark price reached $502,900 in May, remaining shy of the record high of $504,200 achieved in April 2022. While total residential prices have not reached new record highs, detached home prices have reached a new record with a benchmark price of $587,200.
Cochrane
Like other markets in the area, the limited level of new listings is preventing stronger sales activity. In May, 135 new listings came onto the market, and there were 122 sales, keeping the sales-to-new listings ratio elevated at 90 per cent. While inventory levels are still higher than last year’s, they are still exceptionally low for this time of year, leaving the months of supply just above one month in May.
The persistently tight conditions caused prices to trend up for the fourth consecutive month. While the benchmark price of $515,600 remains below the monthly high of $517,900 achieved in June 2022, should conditions continue to remain this tight, we could see further upward pressure on home prices over the next several months.
Okotoks
Like other markets, low levels of new listings are limiting sales activity in the town. In May, new listings reached 87 units, and with 76 sales, the sales to new listings ratio pushed above 87 per cent. This also prevented any significant shift in inventory levels, and the months of supply once again dropped below one month.
Persistently tight market conditions caused prices to trend up for the fifth consecutive month. With a benchmark price of $575,900, prices are nearly four per cent above last year’s levels and at a new record high.
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, REALTOR®
wesellcalgary.homes
sparanych@outlook.com
403-703-1052
Source: CREB®
Just Listed – 209, 532 5 Avenue NE
Welcome to Portico in the sought-after community of Renfrew/Bridgeland!
Quick Details:
– Listed at $375,000
– 1031 Square Feet
– 2 Bedrooms
– 2 Full Bathrooms
– Office/Den
– 1 Underground Parking Stall
– Downtown Calgary Skyline Views!
View the full listing details for 209, 532 5 Avenue NE.
This beautiful condo offers a mix of breathtaking city views and interior upgrades to create an unparalleled urban living experience. Step inside and be captivated by the spaciousness of the open floor plan, forming an inviting space that is perfect for both entertaining and everyday living. The large windows allow an abundance of natural light to flood the space, creating a warm and comforting atmosphere. Picture yourself sipping your morning coffee or enjoying a glass of wine in the evening, while taking in the mesmerizing sights of the city skyline.
Your kitchen comes complete with granite countertops, stainless steel appliances, and a breakfast bar – a perfect setting for enjoying a home-cooked meal with friends and family.
The living room is highlighted by brand new floors, fresh paint, and a gas fireplace that adds a touch of class and ambience.
A versatile dining space awaits your creativity and imagination – whether you customize it to suit your needs as a dining room, a cozy reading nook, or even a home office, this flexible space adapts to your lifestyle with endless possibilities.
Your primary bedroom offers a private setting for relaxation, with those same views of downtown, and direct access to your balcony. Complete with a large walk-in closet and a full ensuite which also houses the in-suite laundry!
The second bedroom offers a large closet for all your storage needs, along with multiple custom-built shelving spaces that can provide the perfect showcase for your prized possessions.
Located just a short distance from the downtown core, this property provides easy access to a myriad of amenities, including trendy restaurants, vibrant entertainment options, and convenient transportation links. Two pets are allowed upon written board approval with no size or weight restrictions.
Call today to book your private viewing!
View the full listing details for 209, 532 5 Avenue NE.
Sarah Paranych, REALTOR®
Century 21 Bamber
wesellcalgary.homes
sparanych@outlook.com
403.703.1052
Just Listed – 2, 105 Village Heights SW
Welcome to The News on Broadcast Hill!
Quick Details:
– Listed at $275,000
– 817 Square Feet
– 2 Bedrooms
– 2 Full Bathrooms
– 1 Underground Parking Stall
– Private Sunny Patio!
View the full listing details for 2, 105 Village Heights SW.
This exceptional real estate gem in Patterson offers over 800 sqft of pure class and comfort. As you step inside, you’ll be greeted by the inviting ambiance of a wood-burning fireplace, creating a warm and cozy atmosphere perfect for relaxation and gatherings.
The beautiful vinyl plank flooring throughout adds a touch of elegance to every corner of this residence. Its seamless flow complements the open and spacious layout, creating a harmonious living space that exudes style and sophistication.
The kitchen is a culinary delight, boasting upgraded appliances that offer functionality and modern aesthetics to enhance your cooking experience.
A versatile dining space awaits your creativity and imagination. Customize it to suit your needs – whether it be a living room, a cozy reading nook, or even a home office, this flexible space adapts to your lifestyle, providing endless possibilities.
Step outside onto your private patio, where you can unwind and enjoy the outdoors. Whether you’re sipping your morning coffee or hosting a gathering of friends, this will become your favorite spot to relax and entertain.
Additional amenities offered by this condominium include a fitness center, tennis courts, and an indoor pool – not to mention an underground assigned parking stall and a separate storage unit. Pets are allowed upon written board approval with no size or weight restrictions. Investors, take note – this condo is friendly to short-term rentals!
Located only 15 minutes from downtown, you’re also just a short distance from shopping centers, schools, Edworthy Park, and more.
Call today to book your private viewing!
View the full listing details for 2, 105 Village Heights SW.
Sarah Paranych, REALTOR®
Century 21 Bamber
wesellcalgary.homes
sparanych@outlook.com
403.703.1052
