I just finished uploading this House for sale, 76 STRATHRIDGE CL SW, Calgary, Alberta

Welcome to 76 Strathridge Close SW! This freshly RENOVATED home has over 3500 sqft with Downtown Views and it is perfect for a growing family. The main floor boast a NEW bright white custom kitchen with modern cabinets, high end stainless appliances incl. GAS Stove top & Wall oven, new backsplash, granite countertops. Opens to the dining nook & living room separated by a 3 sided fireplace & wide plank vinyl flooring. Formal dining room. The upper level has 3 spacious bedrooms and brand new carpet. Master bedroom w/ a 5 pc ensuite and walk-in closet. The other bedrooms are connecting with a 5 pc bath. Large bonus room with gas fireplace. Fully finished walkout basement w/ a 4th bedroom and 3 pc bath. The home is freshly painted, has new large capacity air conditioning, newer HWT. Close proximity to many schools, downtown, community center and walking distance to Strathcona Square. Tons of family activities at the Westside Rec Center. A must see!

I just finished uploading this Townhouse for sale, #706 3130 66 AV SW, Calgary, Alberta

ABOVE AVERAGE PRIDE & CARE OF OWNERSHIP! This 3 bedroom townhome has over 1900 sq. ft. of finished living space on 3 levels in near NEW & IMMACULATE & MOVE IN READY condition. Upgrades start at the spacious front entry with an open oak staircase, office with storage closet, extra family room, open kitchen/dining area with solid maple cabinets and granite counters, 2 large walk-in closets, 3 pc. master ensuite reno, exterior vinyl windows and patio doors, interior doors and trim, 100 amp service panel, designer switches/receptacles, pot lights, stone tile/hardwood flooring and a convenient main floor laundry room. Living room opens to a sunny front balcony and the large rear patio takes you out to a large green space back yard and an Off Leash Park. Inside complex location with no busy streets in sight plus 8” concrete partition walls make this a very solid, safe, peaceful and private building, home and neighborhood. HEAT INCLUDED in LOW Monthly Fees of $577.00.

Housing market conditions continue to follow similar trends to last year, with gains in sales. 

At the same time, there have been further reductions in new listings, inventory and more declines in prices. 

January sales activity was 863 units, nearly 8% higher than last year's levels. While sales remained well below January activity recorded before 2014, they remain consistent with activity recorded over the past five years.

''A persistent slowdown in the energy sector has resulted in a reset in many aspects of our economy. This includes the housing market, '' said CREB chief economist Ann-Marie Lurie.

''We continue to see the slow adjustment to a more balanced conditions, but it will take time before that starts to translate into price stability''.

Citywide unadjusted benchmark prices were $417,100 in January. This is slightly lower than the previous month and nearly 1% lower than last year's levels. 

Benchmark prices eased, but there were some modest improvements in both the average and median prices. This is likely a reflection of some changes in the distribution of sales. 

Housing market facts: 

Detached

• Detached sales in January improved by 6%, thanks to growth in all districts except the North East.
• New listings declined by nearly 11% due to pullbacks in all areas except the City Centre and the North districts. Combined with adjustments in sales, this caused inventories to ease by 15% citywide. 
• Reductions in supply and a gain in sales supported reductions in the months of supply from nearly six months last year to just under five months this January.
• Detached benchmark prices eased by nearly 1% compared to last year. However, the only two areas to record notable year-over-year declines were the City Centre and West, with price declines exceeding 3%.

Apartment

• Improving sales were met with gains in new listings, causing inventories to increase by 12% compared to last year. 
• The gain in inventories prevented any significant adjustments in the months of supply, which remained elevated at 9 months. 
• The persistent oversupply continued to weigh on benchmark prices, which eased compared to last month and declined by 2% compared to last year. 

Attached

• Despite slower sales in the South and South east district, city-wide attached sales improved by 4%.                                            At the same time new listings eased by nearly 18%, causing inventories to decline by 10%.
• Improving sales and drop in inventory helped the months of supply to dip below seven months, a significant improvement compared to last year's level of nearly eight months.
• While this segment is trending toward more balanced conditions, persistent oversupply continues to weigh on prices, which trended down over previous month and eased by over 1% compared to last year's levels. 

Regional Market Facts

Airdrie

• Improving sales and easing inventories helped push the months of supply down to 4.7 months. This represents levels that are consistent with longer-term trends and reflects relatively balanced conditions.
• The improvements in the supply relative to demand have started to generate much more stability in prices, which have remained comparable to last month and slightly higher than last year's levels. 

Cochrane

• January recorded a significant gain in sales and a significant drop in new listings. This resulted in a drop in the months of supply to four months, a significant improvement from the 14 months recorded last January. 
• If the improvements continue, this should start to support price stability. However, the recent change has not yet impacted prices, which remains nearly 3% lower than last year's levels.

Okotoks

• Sales activity in town improved to levels consistent with longer-term trends. The improvement in sales helped offset the slight rise in new listings, helping reduce inventories and bringing the months of supply down to levels more consistent with balanced conditions. 
• The steady reduction in oversupply in this market is helping to generate more stability in prices. In January, benchmark prices remained comparable to levels recorded last year. 

For the entire CREB update, please visit creb.ca

I just finished uploading this House for sale, 5939 LAKEVIEW DR SW, Calgary, Alberta

*Open house: Sat. Jan 25 from 2 to 4 pm & Sun. Jan 26 from 11 to 1 pm *Welcome to 5939 Lakeview Drive! This 4 bedroom (3 up & 1 down) bungalow is ready to move-in. Updated custom white kitchen with plenty of storage and brand new quartz countertops, newer wide plank laminate flooring throughout the home and new light fixtures. Updated windows & shingles, mid efficiency furnace. Bright updated 4 pc bathroom on the main floor and a 3 pc bathroom just off the basement bedroom. Fully developed basement has a massive living room where you can enjoy movie night plus a recreational room. Rest and relax in the West facing fenced yard on the newer composite deck. Let's not forget the detached, insulated and drywalled garage as well as the RV parking. Just a short walk to Bishop Pinkham and Jennie Elliot schools and a short commute to MRU & Glenmore Park. A must see!

I just sold this Condo at #208 35 RICHARD CO SW, Calgary, Alberta Lincoln Park.

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I just sold this Duplex at 1428 COSTELLO BV SW, Calgary, Alberta Christie Park.

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December sales improved to levels more consistent with activity recorded over the past five years.
This follow weak sales activity last year.

A stronger second half in 2019 was enough to push annual sales up by 1%.

"Price declines, lower mortgage rates and some modest improvements in full-time employment helped support some demand growth in the city. Reductions in supply are also contributing to the slow adjustment to more stable conditions in the housing market," said CREB chief economist Ann-Marie Lurie. 
"As oversupply in the market continues to ease, we should start to see more stabilization in prices. However, conditions continue to favor the buyer and this is weighing on prices".

December unadjusted benchmarks prices were $418,500. This is just slightly lower than last month and 1% per cent below last year's levels. Overall prices in 2019 declined by 3% over last year's levels. The total adjustment in prices in a 10% decline since the 2014 slowdown in the energy sector. 

While they are signs of stabilization, conditions vary significantly by location, price range and product type. Improvements in the resale market have been mostly driven by lower priced product or areas where price declines were enough to bring more purchasers back into the market. 


Detached homes: 

• Improved sales in the second-half of the year helped offset earlier declines. This results in detached sales that are relatively unchanged form 2018.
• While city wide levels remained stable, homes priced under $500,000 recorded sales growth of nearly 9%. However, sales declined by 11% for homes priced over $500,000.
• When considering sales activity by district, sales activity eased or remained relatively stable across most districts. However, exceptions include the North West and South Districts which recorded annual sales growth. 
• Detached benchmark prices were $480,100 in December contributing to the 2019 average of $484,808, 3% below last year's levels. 
• 2019 prices declines ranged from a 1% in the North East district to a 5% decline in the City Centre district.

Apartment: 

• Stronger apartment styles sales in December were enough to push annual levels to 2,672 units. This is just above last year's levels.
• The improvements were mostly driven by gains in the North, West and South East districts. This is offsetting the significant declines in the North East, North West and East districts.
• New listings continues to ease across all districts except the South East. This district has seen a rise in new home construction and is likely contributing to some of the rise in new listings and inventory. Despite these trends in the one district, easing inventories relative to to the sales have helped reduce some of the oversupply in this segment.
• Reductions in oversupply helped ease the rate of decline in resale apartment condominium prices. However, prices in December remained 1% below last year's levels with a price decline range of 5% in the West district to a 1% increase in the South East district. 

Attached: 

• The attached segment of the market has seen the largest improvements in sales when compared to the other product types. Annual sales improved by nearly 7% for a total of 3,780 sales.
• Both row and semi-detached product recorded improving sales with easing new listings and inventories. However, there was some variation depending on the district. 
• December semi-detached prices were $388,200 and row prices were $283,000. Both segments saw annual price declines in excess of 3% and remain well below previous highs.
• Depending on the district, the range of price activity varied significantly across the semi-detached and row segments. In 2019, price activity ranged from a 7% decline in row prices in the East district to a 1% increase for semi-detached product in the North district. 

For the entire CREB® forecast, visit creb.com.

Here are some properties we currently have listed: 

- 4 bedroom family home, finished walk-out basement in McKenzie Lake.
- A luxurious condo located in Spruce Cliff with over 2800 sqft and overlooking the Golf course. 
- 2 bedrooms and 2 bathrooms condo in Royal Oak, close to all amenties. 

If you are interested in learning more, or checking out our current listings, give us a call at 403-830-1009 or, visit our website www.sellhomes.ca.

Happy New Year! May 2020 bring an abundance of health, joy and prosperity! 

We would like to say a big Thank you to our valued clients as well as friends and family that recommended us and everyone who supports our business. 

Alberta experienced a slower economic condition and it has contributed to a decrease in average residential prices.
It was a challenging year but it doesn't mean it was a bad year in the Real Estate World. 

- Challenging markets with some fantastic and exciting opportunities for buyers.
- Regarding sellers, the number of sales has been strong in December 2019 and we see the same trend for January 2020.

We are proud to be part of the RE/MAX Team and be in the Number One recognized Real Estate organization in the world.

We are looking forward to 2020 and working with all of our past clients as well as all new clients and future referrals. 

Please visit our website or like us on Facebook and Instagram to see our new listings and the latest Real Estate News! 

Ron Garneau & Team 

I just finished uploading this Condo for sale, #443 60 ROYAL OAK PZ NW, Calgary, Alberta

This 2 bed and 2 bath top floor suite in the Lindenburg building is in a fantastic location within the complex. The layout is open, light & bright with great windows and 9' ceilings that allow for an abundance of natural light. The galley kitchen has a good number of cupboards, separate eating nook, Kohler faucets, Bosh Built in Oven, Dishwasher & Countertop stove. The refrigerator is Kenmore SXS with bottom mount freezer. The living room overlooks the quiet courtyard, has big windows & engineered hardwood floors. Master bedroom is spacious with walk through closet & 4 piece ensuite. The 2nd bedroom is a good size & has double closets. The 4 piece main bathroom includes the stacked washer and dryer. West facing balcony with natural gas hook ups is perfect for your evening BBQ's. The well managed complex is pet friendly with board approval, has a rec room with pool table, gym, bike storage, titled storage locker & titled parking stall. Close to all amenities and shops just located across the street!

I just finished uploading this Condo for sale, #5A 80 GALBRAITH DR SW, Calgary, Alberta

Location, Location, location! Great opportunity for investors or first time home buyers. This renovated 2 bedroom main floor end unit has a lot to offer! The unit has easy main floor access, an assigned parking stall #23 convent to the building and assigned storage locker just across the hall. Freshly painted throughout. New laminate flooring, ceramic tile & carpet. The brand new kitchen has a deep country sink & brand new stainless steel appliances. The 3 pc bathroom has a walk-in tiled shower with a large vanity. New electrical panel with 220V for laundry. New designer lighting throughout the unit. Common areas were recently renovated incl. new paint, flooring, doors and security cameras and the complex has new windows. Located right beside a park and the green space next to the complex adds to the tranquility of this ideally located unit. A short commute to City Center and Glenmore Trail + walking distance Mount Royal University. Move right in and quick possession is available.

I just finished uploading this Condo for sale, #205 8 HEMLOCK CR SW, Calgary, Alberta

Welcome to one of the largest units in Copperwood complex in the community of Spruce Cliff overlooking Shaganappi Golf course. Luxury living with over 2800 sqft of living space. Beautiful hardwood floors throughout the open concept living areas. Gorgeous kitchen cabinets, granite counters and stainless steel appliances. All overlooking the dining/living room, perfect for entertaining around the piano & central fireplace. Tons of natural light and a balcony surrounding the full unit with spectacular views of the valley. Relax in the large master with access to the balcony, 5 pc ensuite & huge walk-in closet. A spacious 2nd bedroom w/access to the balcony & 4 pc bath. There is a second private living wing combining a 2nd living room with an adjoining office. 2 TITLED parking stalls in the heated underground parking w/car wash, 2 separate storage spaces too. Fitness room, club house & other amenities. Just minutes to Downtown, public transportation, shopping & dining on 17th Ave. Way too much to mention.

I just finished uploading this Condo for sale, #215 26 VAL GARDENA VW SW, Calgary, Alberta

Welcome to Unit #215 at the Robson Summit of Montreux condos. Easy access direct from the rear parking lot direct to the unit. This is a beautifully kept 2 bedrooms and 2 full bath unit. Bedrooms are separated on each side of the unit. The kitchen has tall Maple cabinets, black appliances and wrap around counters. This is a second floor unit, the patio door enters to the same level as the rear parking as well as the guest parking lot. Great for visitors and dropping off groceries. 9 foot ceilings, big windows and light paint also allow the home to be cheery and bright. Other amenities include Bike storage, storage and exercise room are all located on P1, down one level. Storage locker #414 on west side of the parkade beside stall #185. Bike storage is beside stall #164. Unit parking stall #356 in P2 on the same floor as the second level. Just off 85 street with easy access out of town and Aspen Landing just down the road. Transit and fantastic schools are also near by.