Just listed today. This stunning home is a must see. Stop by our Open House Sun Mar 15 2-4 pm

 


Custom executive home in the Promontory, Cougar Ridge minutes to COP, downtown, playgrounds, private schools, Westside and more. Fully finished on all levels this home is beautifully designed with elements such as cathedral ceilings in the foyer and front office, coffered ceiling in the living room, custom kitchen cabinetry, high end appliances, walk through pantry to the mud room and custom built-ins throughout. The main level begins at the office and then extends to an open floor plan beginning with a beautiful dining room open to the living room, kitchen and breakfast nook beyond. Upstairs is a large master suite with sitting area, 5 piece spa ensuite and a huge walk-in closet. Two spacious bedrooms also with walk in closets, laundry, 5 piece main bath and a huge bright bonus room with fireplace and door complete the upper level. The basement provides a 4th bedroom, full bath, large recreation/media room with bar, craft room and ample storage. West backyard. Air conditioned.

 

Full property details, photos and more for 111 Cougar Plateau Circle SW Calgary

 

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You are invited to 767 Schooner Cove NW on Saturday March 14 between 2-4 pm to preview this great family home.

 

Located in the established community of Scenic Acres close to schools, amenities, and transit (LRT) this warm family home is located on a cul-de-sac and offers a southwest backyard exposure perfect for an evening on the deck. The upper level provides 4 spacious bedrooms including a master bedroom and 4 piece ensuite with separate shower and soaker tub. Another full bath is also upstairs. The main level includes a large front room which can be used as a dining and living room. The large kitchen is open to the dining nook and family room. The window in the kitchen overlooks the spacious backyard, two tier deck and garden. The laundry and powder room are tucked away on the main level. The fully finished basement provides an open recreation room and games room perfect for a pool table and movie central. The basement bedroom is currently used as an office but makes a great guest bedroom. The basement bathroom is roughed in for future development. Double attached garage.

 

Full property details, photos and video for 767 Schooner Cove NW, Calgary.

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Located in the established community of Scenic Acres close to schools, amenities, and transit (LRT) this warm family home is located on a cul-de-sac and offers a southwest backyard exposure perfect for an evening on the deck. The upper level provides 4 spacious bedrooms including a master bedroom and 4 piece ensuite with separate shower and soaker tub. Another full bath is also upstairs. The main level includes a large front room which can be used as a dining and living room. The large kitchen is open to the dining nook and family room. The window in the kitchen overlooks the spacious backyard, two tier deck and garden. The laundry and powder room are tucked away on the main level. The fully finished basement provides an open recreation room and games room perfect for a pool table and movie central. The basement bedroom is currently used as an office but makes a great guest bedroom. The basement bathroom is roughed in for future development. Central air conditioning included. Double attached garage.


All property details and photos for 767 Schooner Cove NW Calgary


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The Calgary Real Estate Board is migrating the base systems that run our MLS system on March 10. As such I will be updating all the searches and details on this website over the coming days so you continue to receive all the details you need. Should you encounter any issues please contact me at monika@monikafurtado.com. Cheers.

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The official sales numbers were posted by CREB this morning and it is not surprising to see the current trend continue from last month. Though, I must say, there has been a noticeable increase in activity in the latter part of February.  Official sales are down 35% from the same time last year with a significant rise in inventory.  

 
The rate of new listings is coming down so we will see if the initial surge was based on those wanting to list ahead of a possible downturn.  With many people forecasting and commenting on a myriad of future paths I won't contribute to the speculation though I personally look to the 5 year trends as much as comparisons to last year's record numbers.
 
What I am doing is ensuring all of my clients are aware of the specific details regarding the market trends, listing inventory and sales information for the particular property type, pricing and area of the city they are reviewing. The numbers and strategy differ widely based on these factors. While some investors seem to be taking a watch and see attitude, folks still need somewhere to call home so consideration between the buy vs rent options are needed.
 
We are generally in a balanced market potentially turning towards a buyer's market in some specific segments.
 
Below is an example of how general numbers are misleading. It really depends on what, where, how much and in what condition. Get the right information before you leap to conclusions.
 
Example: Detached property in Calgary.
Active at time of writing: 2947
Sales in the Last 30 days: 788
Months of Inventory Snapshot: 3.74
 
However: 
Detached Property in Calgary Under $600,000
Active at time of writing: 1644
Sales in the Last 30 days: 634
Months of Inventory Snapshot: 2.59
 
Detached Property in Calgary Over $600,000
Active at time of writing: 1309
Sales in the Last 30 days: 156
Months of Inventory Snapshot: 8.39
 
3-4 Months of Inventory is generally considered a Balanced Market: The number of homes on the market is equal to the number of buyers wanting to buy.
Homes sell within a reasonable amount of time. Prices are generally stable.
Buyers have many options however well priced homes will attract interest. Equal negotiating power between buyers and sellers.
 
Over 4 Months of Inventory is generally considered a Buyer's Market: The supply of homes on the market exceeds demand. 
High inventory of homes. Few buyers compared to available inventory. Homes remain on the market longer. Prices tend to decline in this market.
Your home may take longer to sell. You will have to be priced in the market to be noticed. Less negotiating power during a sale.
 

As always, if you have questions about the market, your home value or wish to meet to discuss your real estate needs, I'm always happy to help. Call me direct at 403 850 2446.

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