54 Woodford Drive SW
Saturday April 10 from 2:00-4:00
Renovated family home
Posts Tagged ‘Calgary’
Woodbine Open House
Thursday, April 8th, 2010New CMHC Rule for Buying Real Estate
Wednesday, March 31st, 2010
More on the new CMHC Mortgage Rules for Real Estate
March 9, 2010 by Tessa Corley-Rae
I just spoke with my friend and mortgage broker Terry Caldie from the Mortgage Centre in Calgary about CMHC’s new mortgage regulations for homeowners and property investors. These new rules are nothing to panic about, in fact, up until 2 years ago these rules were exactly how CMHC ran any way. What people have to realize is that Convensional Mortgages (where people place 20% or more down as a down payment) are still exactly the same as they were before. However, the good news is buyers can still avoid CMHC with only 20% down, rather than the previous 25% that was required only months ago for a convensional mortgage. 2 years ago the government decided to create a “stimulous package” for buying property, this was inlight of the down turn in the economy that we have just pushed through. This “stimulous package” included relaxed rules for buying revenue properties, as well as large refinancing options.
Please see below for my interpretation of the new rules:
Gorgeous Panorama Condo: Perfect for 1st Time Buyers!
Wednesday, March 24th, 2010
OPEN HOUSE SATURDAY AND SUNDAY, MARCH 27/28 FROM 2:00-4:00!
BEST VALUE in PANORAMA HILLS! This wonderful 2 BEDROOM + DEN and 2 FULL BATHROOMS condo is a superb value!! It’s loaded with great features including a titled underground parking space, huge storage locker (4’x6′) in front of parking stall, in-suite laundry, & lots of street parking too. Conveniently located a 1 minute walk from the express bus to downtown transit and very close all shopping and amenities. West facing unit with upgraded kitchen, beautiful backsplash, black appliances and a breakfast island. Upgraded tile & fixtures in the bathrooms. Large living room with a beautiful gas fireplace and door to the large patio with gas-line for BBQ. The den is perfect for your home office. This condo is immaculate, well decorated, spacious and has been a non-smoking unit. NOTE: Condo fees include ALL utilities, except phone and cable. Panamount Place is a well maintained, PET-Friendly(with board approval) building. Don’t miss it! One Min Away: Mega Amenities!
Open House Sunday March 28, 2:00-4:00
Wednesday, March 24th, 2010
A MUST TO SEE!!!
Great Decor, Immaculate Condition, Fully Developed & Open Design Concept! Upgraded with rounded corners, knock down ceiling and 9′ ceilings on main level and spacious 2 storey entrance. HARDWOOD FLOORS & tons of windows with natural light pouring in. Beautiful kitchen has upgraded HICKORY CABINETS, large island, walk-in pantry & sunny nook w/ patio door to deck. GAS FIREPLACE in great room. 3 good-sized bedrooms and a LARGE BONUS ROOM on upper level. The spacious master bedroom has huge walk-in closet & beautiful, bright 4 piece ensuite with 6′ soaker tub & separate shower. The basement is freshly developed in a professional manner w/ rec room, office/den & a full 4-piece bathroom. The landscaping is great for entertaining with a large deck & many perennials. This is a BEAUTIFUL FAMILY HOME in picturesque community of Cochrane!
Come and see on Sunday, March 28th. You won’t be di
sappointed.
Wonderful Home in Thorncliffe!
Tuesday, October 20th, 2009STUNNING VALUE!! Tons of renovation in this beautiful, well decorated 2 bedroom condo well under $200K. Enjoy a fully renovated kitchen with all new appliances including a fridge, stove, hoodfan AND dishwasher! Attractive white cabinets with glass fronts, new countertops & backsplash. All new lighting & flooring throughout including laminate, tile, and lino! Many windows on South and west walls (End Unit) for tons of natural light. Bathroom has new toilet, sink and lighting. Huge in-suite storage space with shelving and a portable washer (recent quote to plumb washer/dryer was only $1500 & already has board approval for future owner). This condo is located ion the quietest side of a very nicely maintained building with large green space at south end, assigend parking stall and secured bike storage. Great public transit to downtown & other city destinations only steps away
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August 2009 Real Estate Stats – Calgary, Alberta
Tuesday, September 1st, 2009| Single Family Homes | August 2009 | July 2009 | June 2009 | May 2009 |
| Median Price | 400,000 | 390,000 | 399,000 | 390,000 |
| Average Sale Price | 446,413* | 436,782 | 447,142 | 436,427 |
| Number of New Listings | 1,910 | 2,089 | 2,244 | 2,235 |
| Number of Sales | 1,277 | 1,585 | 1,837 | 1,584 |
* Calgary had a single very high selling home in the month of August (a sale price of almost $10.3 million for a mansion that was looking onto the Elbow River). This one sale actually altered our monthly average stats by almost $10,000 alone. If we take into consideration this sale in our average price in August 2009 was actually $454,130. Amazing that one home could make such a difference. The above number was quoted with the removal of that one home for a more accurate picture of what our market is doing.
July 2009 Real Estate Stats – Calgary, Alberta
Saturday, August 1st, 2009| Single Family Homes | July 2009 | June 2009 | May 2009 | April 2009 |
| Median Price | 399,000 | 399,000 | 390,000 | 380,000 |
| Average Sale Price | 436,782 | 447,142 | 436,427 | 426,311 |
| Number of New Listings | 2,089 | 2,244 | 2,235 | 2,010 |
| Number of Sales | 1,585 | 1,837 | 1,584 | 1,290 |
June 2009 Real Estate Stats – Calgary, Alberta
Wednesday, July 1st, 2009
| Single Family Homes | June 2009 | May 2009 | April 2009 | March 2009 |
| Median Price | 399,000 | 390,000 | 380,000 | 375,000 |
| Average Sale Price | 447,142 | 436,427 | 426,311 | 420.354 |
| Number of New Listings | 2,244 | 2,235 | 2,010 | 2,023 |
| Number of Sales | 1,837 | 1,584 | 1,290 | 1,086 |