35 Royal Birch Pt NW

Welcome home! Enjoy sweeping valley and mountain views from this sought after and rarely available ridge location. Situated in a quiet location on a no-through-road, backing south onto the ravine, and just half a block from a pond and two blocks from the elementary school. Open-concept great room plan boasts a cook’s kitchen with granite counters, stainless steel appliances, a gas range, and a walk-in pantry. The basement is fully developed with lots of windows and a high ceiling. Knock-down stipple throughout. Large master bedroom and deluxe ensuite with a full sized shower with a rain head and body jets. The bonus room is massive, and the 10′ raised ceilings add to it’s grandeur. Out back, enjoy the views and landscaping from the the lush lawn, the deck, or one of two brick patios. There’s plenty of storage space available in the garage on the custom shelving. The new LRT station is a 15 minute walk or a 3 minute drive. Newer water heater & fridge. Brand new Samsung front-loading washer and dryer.

To view full listing details, more photos, floor plan and virtual tour visit my web page.

With relatively low inventories – and not just because of flood damage – the Calgary real estate market is on fire right now. The Calgary Herald reports that condos, bungalows, and two-storey homes have all increased in price by 6 to 7 percent in the second quarter, year-over-year, as listings regularly receive multiple offers. The flood certainly didn’t help with the inventory crunch, but the overall trends shouldn’t be affected long-term by that mess; this isn’t a short term blip, it’s a larger trend.

And it’s not just the common-man homes that are moving: a record number of $4 million-plus homes have been sold so-far in July (and it’s only the 9th). There’s more inventory available in the luxury market, and the higher prices and low availability of mid-range homes, combined with interest rates that look like they’ll stay low for another couple of years, are all factors encouraging people looking to move up.

So, if you’re thinking about selling your present home and move into something larger, be prepared to act fast once you find that perfect place. And have a solid idea of the maximum you’re willing to spend – those susceptible to getting caught up in a bidding war could take a hit in today’s market. Smart buyers approaching transactions logically and not emotionally, however, should still be able to find the right home at the right price.

Yet another good news article about Calgary’s real estate market: we saw more than a 10 percent jump in sales from March to April, as opposed to the national trend going down more than three percent in the same period. And this is just the beginning.

Spring is obviously the time new home developers start churning out properties, and despite what the noisemakers might have you believe, there is plenty of land already approved for community growth. New home builds will probably be plentiful, and marketing aggressive. As housing prices continue their steady climb upwards, we can expect lots more existing properties to go on sale with some people looking to move up, and others downsizing.

If you’re thinking about making a move, it’s a good time to sell – prices going up – but also a good time to buy thanks to the copious inventory. Things usually aren’t so balanced, but so it goes in Calgary. I can help you sort it all out – contact me for more information.