With the stunning layout by Dreamworks Design, this remarkable luxury home for sale has a beautiful great room with soaring 20' high barrel vault ceiling, walnut hardwood flooring and exotic premium granite.
The impressive main floor has a fabulous master's bedroom and ensuite, with steam shower,a 2-sided fireplace and free standing air tub. It has a huge entertaining/recreation room with amazing circular wet bar, a wine room and an exercise room with steam shower and spa bath. (3 comments)
According to the Canadian Home Builders’ Association's president for the Calgary region, Wayne Copeland, the increase in fees for land titles and mortgages came as a surprise. He said an additional burden will hit buyers as they cope with still other expenses.
Effective July 1, the flat fee rate for titling will increase from $50 to $75, while an increase from $1 to $6 will (0 comments)
Calgary has always been considered as Canada's vibrant investment hub. With its recent positive economic news, Concord Pacific finds it a lucrative place for setting up two new projects. Yesterday, Concord Pacific started groundbreaking on its first real estate development in Calgary this year, THE CONCORD, a 14-storey luxury condominium development. It is located at the Peace Bridge on the Bow River banks. While the second project is a site redevelopment of Sears at North Hill mall. These two projects are projected to provide the local economy with more than $1 billion combined economic impact. Over the next 30 to 36 months (0 comments)
calgary: Calgary boomers dominate the luxury homes market
- 04/08/15 06:11 AM
A significant stage in Calgary's luxury homes market is the present transition of wealth in terms of real estate from the baby boomers to their children. Baby boomers are those born between 1946 and 1964. According to a study by Sotheby’s International Realty Canada's CEO, Ross McCredie, boomers tend to upgrade for larger homes and invest more into real estate for the next generation. McCredie conducted a generational analysis on the finances and buying habits of luxury market buyers in Canada. The study shows that wealthy boomers, instead of downsizing their homes to smaller condos, upsize to luxury homes, having adult children who are still living with (0 comments)
A totally different scenario appears in the present Calgary real estate market and Alberta in general. Home owners and investors share their recent experiences and sentiments when it comes to selling their real estate properties after the oil price crash.
According to a home owner in the city's southwest, she finds it hard to dispose her 1,100-sq. ft. condo unit which she bought 2 years ago at $310,000. She originally planned to sell it at $399,000, but with very few showings in a week and a half, she plans to reduce the price by $10,000. Now it's been 3 months already (0 comments)
calgary: If you are going to sell your Calgary home, do it now, prices may drop
- 04/02/15 02:00 AM
Considered as Canada's strongest housing market, the Calgary real estate is entering a critical level after the constant drop of oil prices for more than six months now. For the month of February, total sales fell 36%, while new listings grew by 9%. According to a report by Calgary Real Estate Association, average home price fell 3.4%, while median prices fell 0.5%. Condos were hardly hit by price declines in February, with the average price declining 8% to $304,000. Detached homes declined 3.3% to $534,000, while attached homes declined 2.2% to $417,000. This scenario implies that it's a bad (2 comments)
calgary: Calgary Real Estate Outlook for Alberta Economy in 2015 by ATB
- 04/01/15 05:08 AM
Viewed from a different perspective, the recent energy figures may result in less adverse impact on Calgary Real Estate, as this is normal in the cyclical pattern of Alberta's economy. According to a report released by ATB Financial, the continued lowering of Alberta's oil prices results in a dimmer outlook for its economy. According to ATB Financial chief economist, Todd Hirsch, instability in oil prices contributed to lower short-term expectations, with energy price levels expected to range between $45 and $55. For 2015, Alberta's GDP growth forecast in the 2nd quarter was pegged at 0.8%, lower than the 2% (0 comments)
Ross PAVL is a top Calgary Realtor with Re/Max House of Real Estate specializing in unique Calgary luxury homes & properties in prime communities.
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