A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

You may currently have or will have in the near future, a student going to University of Calgary. If so, there are a lot of options for them. There are a number of residences and, of course, some other rental opportunities. If residence isn't your preference and a rental isn't realistic, then there are some affordable options for purchasing a condo apartment.


West of CF Market Mall is an area that has some older buildings that are nice. Some may not allow occupants below 21 years-old; others do. The newer towers at University City near the Brentwood LRT station are an option, but most find those just a little too far, the units quite utilitarian and have much smaller rooms.


There are two buildings which are directly across 32nd Avenue NW from the University of Calgary. These two buildings, "3111 Varsity" and "Little Varsity" are separate condominium corporations although they may not look like it.


I have sold a number of units in each building in representing buyers and sellers from...

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Please visit our Open House at 313 3111 34 AV NW in Calgary.
Open House on Saturday, June 22, 2019 1:00PM - 3:00PM
OPEN HOUSE Saturday, June 22, 1 PM - 3 PM. Arguably the best value in the complex! Opportunity awaits you in the highly sought-after 3111 VARSITY in this well-established Calgary neighbourhood. This 3rd-floor, true 1-bedroom, 1-bath condo has it all: It's ideal for a university student or working professional with close access to the University & Research Park, Foothills & Alberta Children’s Hospitals, Brentwood & Market Malls and downtown via either University or Brentwood LRT stations. A superbly-run building with AFFORDABLE CONDO FEES. Immaculately maintained + quality finishes. Open-concept kitchen with stunning features: gorgeous maple cabinetry, sleek black kitchen appliance package including a BOSCH dishwasher, built-in oven + cooktop, Whirlpool fridge + built-in microwave with hood fan, ceramic floor tiles, new countertops and faucets, a raised eating...
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Things are looking better in June! Here are the latest housing market updates for areas covered by the Calgary Real Estate Board (CREB)!


In CREB’s latest market report, it appears that sales activity has improved for second consecutive month.


Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12% compared to last year.


Improving sales relative to inventory levels caused the months of supply to ease to just under four months. While still oversupplied, this is an improvement from the five months of supply recorded last May.


According to CREB® chief economist Ann-Marie Lurie,

“While sales activity remains low based on historical activity for May, the easing prices have brought some people back to market, while also preventing some others from listing their homes. This has started to push the market towards more balanced conditions. If this trend continues,...

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We have listed a new property at 408 80 POINT MCKAY CR NW in Calgary.
You're going to love the location! Riverside Towers 2 – the preferred tower. Priced right for yourself, a student, or investor wishing to redecorate, renovate or upgrade. From the moment you walk in, you'll be amazed at the amount of natural light in this SOUTH-FACING home. With over 1,080 sq. ft. of living space, the open layout in this well-loved, corner-unit is perfect for entertaining and is large enough for almost every furniture type and layout. The 2-bedrooms + 2 bathrooms allow for both privacy and space. The master bedroom features a RARE 3-PIECE, ENSUITE BATHROOM & walk-in closet. The original full balcony had been mostly enclosed (with added in-floor heating) to provide even more usable space and leaving a nice "JULIET BALCONY." There's IN-SUITE LAUNDRY with stacked, washer and dryer. It's a pet-friendly, age-restricted building (18+ for occupants). Enjoy the heated, underground parking stall...
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Sales activity improves for second consecutive month

City of Calgary, June 3, 2019 – Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year.


Improving sales relative to inventory levels caused the months of supply to ease to just under four months. While still oversupplied, this is an improvement from the five months of supply recorded last May.


Citywide sales in May totalled 1,921 units, 11 per cent higher than last year’s levels. However, sales remain 10 per cent below longer-term trends. This sales growth was primarily driven by homes priced under $500,000.


“While sales activity remains low based on historical activity for May, the easing prices have brought some people back to market, while also preventing some others from listing their homes,” said CREB® chief economist Ann-Marie Lurie.

“This has started...

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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