It’s easy to see why the southeast community of Inglewood is continually voted as one of Calgary’s Best Neighbourhoods and tops the list of Calgary’s Coolest and most Liveable Neighbourhoods. Inglewood truly offers the best of both worlds for those seeking a balance between urban and natural living.
This sought-after inner-city community is surrounded by parks and green spaces, offering a wealth of outdoor adventures and community activities, making it an ideal location for those seeking a healthy and active lifestyle. The Bow River and Calgary path system are just steps away, providing ample opportunities for walking, jogging, and cycling along the riverfront. For those who enjoy hiking and exploring nature, the Inglewood Wildlands Park is a must-visit destination. This stunning natural park offers a range of trails and scenic vistas, making it a popular spot for nature lovers and outdoor enthusiasts alike.
The area is also home to the Inglewood Bird Sanctuary, a natural oasis in the heart of the city where visitors can enjoy bird watching and peaceful walks along the Bow River.
The Inglewood Community Association is another great resource for residents looking to get involved in local events and activities. From fitness classes and community festivals to art shows and craft fairs, the association offers something for everyone.
In addition to its natural beauty and community spirit, Inglewood is known for its charming and eclectic mix of unique shops, award winning restaurants, trendy cafes & bars, local breweries and live music venues offering a diverse nightlife scene. As well as its historic architecture and vibrant artistic community.
Living in Inglewood, you are literally living in Nature & a 10 minute commute to downtown. With its prime location in the heart of Calgary, this neighbourhood boasts easy access to downtown and all its amenities, while also offering residents a peaceful escape from the hustle and bustle of city life.
With easy access to Calgary Transit and major road connections, commuting to downtown or other parts of the city is a breeze. And with a central location, residents can enjoy the benefits of inner-city living while still maintaining a quiet and family-friendly lifestyle.
With its vibrant community spirit and diverse range of housing options, Inglewood is a popular neighbourhood for families, young professionals, and retirees alike. From cozy bungalows to trendy loft-style apartments, there's something for everyone in this vibrant and welcoming community.
Overall, Inglewood offers the perfect blend of urban convenience and natural beauty, making it an ideal location for anyone looking to enjoy the best of both worlds in one of Canada's most livable cities.
Check out more about my new listing in the community here.
Today we are focusing on the community of Deer Run in SE Calgary.
On the banks of the Bow River, At the end of Bow Bottom Trail and Canyon Meadows Boulevard you’ll find this lovely area of the city that showcases mature trees and wildlife.
With access to Fish Creek Park, which is one of the largest urban parks in North America, outdoor enthusiasts will enjoy a range of activities such as, biking, cross country skiing, picnicking, swimming, fishing, and observing wildlife. The Park covers over 13 square kilometers and includes a variety of habitats, grasslands, forests, and wetlands, which support a diverse range of wildlife.
Fish Creek allows for easy access to all the pathways that make Calgary unique and wonderful with over 80 kilometers of trails. Perfect for anyone looking to bike to work.
Enjoy the day at nearby Sikome lake. Or stop by at Annie’s Café for lunch or a fine dinner at the historic Bow Valley Ranch Restaurant. This one of a kind ranch dates back to the 1890's, you’ll find a visitor center, which provides information on the park’s history, ecology and recreational opportunities. The community of Deer Run presents a variety of options when it comes to leisure, amenities, shopping, and restaurants.
There are also excellent elementary and Jr. High Schools in the area, an important consideration for families with children.
This tranquil community with executive and starter homes, is a perfect area to raise a family or anyone looking to explore the natural beauty of Calgary.
Check out our newest listing backing onto the BowRiver at desirable Mallard Point.
Today we are talking about the community of Strathcona Park, located in the SW quadrant of Calgary. It is one of the original neighborhoods of what is known as the Westside. Offering predominantly Single-Family homes with modest to mid-price ranges, you'll also find a mix of townhouses, and condominiums.
The streets are lined with mature trees, giving the neighborhood a pleasant and established feel. Located close to several parks and green spaces, including the nearby Edworthy Park and the extensive trail system along the Bow River. The preservation of this environmental reserve / park has resulted in a natural gem in the middle of suburbs providing lovely parks and several walking paths, as well as playgrounds, picnic areas, and other amenities, and is a popular destination for outdoor recreation in the community.
In addition you'll find Westside Recreation Centre, which offers a variety of leisure and educational programs, including arts and crafts, cooking classes, and language classes.
Overall, Strathcona Park is a desirable and well-established neighborhood that offers a comfortable and convenient lifestyle for its residents located close to parks, schools, shopping, public transit & has easy access to Bow Trail & highway 1 for a quick trip to the mountains.
We are focusing on the well-established community of Thorncliffe in Northwest Calgary. With a variety of amenities and conveniences for its residents to enjoy.
This community is close to downtown and the airport with easy access to major routes, Centre Street, McKnight Blvd, Deerfoot and Stoney Trail, and plenty of Public Transportation making it effortless for residents to get around the city.
Deerfoot Mall with its restaurants and shops are a great convenience for those who enjoy dining out or shopping. Thorncliffe has high-ranking schools at all levels, elementary to high school offering a full IB program which is a great resource for families with children.
The charming and mature trees, parks, and playgrounds are fantastic features for outdoor enthusiasts to take advantage of. The off-leash dog parks and pathways are also great for pet owners and those who enjoy staying active. The community center, recreation center, library, and Thorncliffe Disc Golf Course provide additional options for community members to socialize, stay active and enhance quality of life.
Calgary is known for its vibrant communities and stunning natural surroundings, and the Bay View area is no exception. This hidden gem located in the southwest of the city offers a peaceful suburban feel while still being close to all the amenities and attractions that Calgary has to offer.
The Bay View community boasts plenty of green spaces, scenic walking paths, and a friendly atmosphere, making it a great place to call home. Whether you're a family with young children, a professional looking for a quieter lifestyle, or anyone in between, Bay View has something to offer.
One of the standout features of Bay View is its location. With quick access to major roads and highways, getting around Calgary is a breeze. But despite its convenient location, Bay View still manages to maintain its tranquil atmosphere. It's the perfect balance of suburban peace and city convenience.
In terms of amenities, Bay View has everything you need right at your fingertips. From grocery stores to restaurants and cafes, you'll find everything you need to live comfortably. And for those who love the great outdoors, there are plenty of parks and recreation areas nearby, including the beautiful Glenmore Reservoir.
Overall, Bay View is a fantastic community for those looking for a peaceful, suburban lifestyle while still being close to all the amenities and attractions that Calgary has to offer. If you're in the market for a new home, Bay View is definitely worth considering.
In conclusion, Bay View is a hidden gem that offers the best of both worlds – a peaceful suburban lifestyle and convenient access to the city. If you're looking for a new home in Calgary, be sure to check out this beautiful area!
Located in the southwest quadrant of Calgary, Altadore is a neighborhood known for its tree-lined streets, beautiful homes, and friendly residents.
With its proximity to the trendy Marda Loop area, a wide variety of shops, restaurants, and entertainment options, it's a great place to live, work, and play.
One of the highlights of the community is the abundance of parks and green spaces. The popular River Park is perfect for picnics, sports, and relaxation. The community also boasts several excellent schools, making it a great choice for families. The community has a strong sense of community and regularly hosts events such as the annual Altadore Garden Walk.
Altadore is a neighborhood that has something for everyone. Whether you're a young professional looking for a trendy neighborhood to call home, a family looking for a safe and friendly community, or a retiree looking for a quiet place to relax, Altadore has something to offer.
The community is also conveniently located, making it easy to get around the city. The proximity to the trendy Marda Loop area, with its shops, restaurants, and entertainment options, means that residents can enjoy all the perks of city living without having to travel far.
Welcome to Calgary, Canada. The city of Calgary is full of great people and places. There is something for everyone in this city. If you want to know what's going on in your city or what events are happening while you are here then check them out in this blog.
With endless things to do and see, you’re sure to have a great time here in this city by the Bow River. There are so many things to do in Calgary – it seems like a great place for the whole family. If you plan on heading out with your family or friends, you can go enjoy all the great restaurants, bars and breweries we have in downtown Calgary.
From casual dining on Stephen Avenue to world-class dining at The Fairmont Palliser. There are plenty of affordable options for something quick and easy like snacks or burgers at Smitty's Grilled Cheese, or some amazing steaks at Hy’s Steakhouse. If you head over to Victoria Park, there are tons of pubs and restaurants including Twisted Fork Diner for some great breakfast menu items or sushi lovers may want to try KAWA Japanese Restaurant.
Calgary is a dynamic city with an exciting history and endless opportunities. Whether you are looking for professional career advancement, or just want to live in one of the best cities in Canada, Calgary has something for YOU!
I have been helping people find their perfect house to live in in Calgary for years. I can help you find the home that suits your needs, budget and lifestyle. If you’re looking for a new home or want a market update on the value of your existing home, contact me today!
Here is a video of what area I think you shouldn’t buy in, in Calgary!
August saw fewer new listings, which reduced supply levels.
Calgary, City of on September 1, 2022 - Sales volume in August was significantly above monthly averages and on par with the high levels seen the previous year.
The year-over-year decline in detached sales was virtually offset by gains for multi-family product types, indicating that even while sales have remained generally solid, consumers are still moving towards more inexpensive options.
According to CREB® Chief Economist Ann-Marie Lurie, "Higher lending rates have dampened activity in the detached market, but we still see purchasers shift to more affordable options, keeping sales activity relatively strong." This distinguishes Calgary from several of the nation's major cities, where sales have experienced significant declines.
The number of new listings is also continuing to decline, which prevents any increase in supply or a significant change in the months of supply.
Despite year-over-year increases in new listings, the gap between them and sales this month was smaller than it had been over the previous three months. Due to this, the overall inventory trended downward and the months of supply were kept from changing much. In August, the months of supply stayed at slightly over two months, which is still below levels typical for this time of year but is better than earlier in the year.
Benchmark prices declined for the third consecutive month, falling to $531,800. It's crucial to remember that prior gains have not been lost despite the decline, and prices are still over 11% higher than they were a year ago. Comparing detached sales to earlier in the year and August of last year, a downward trend has been observed. Although the sharp increases reported earlier in the year have not been offset by the current falls, market circumstances are shifting in this area. At the same time, listings for homes with lesser prices have been gradually increasing. For homes under $500,000, this is producing chronically tight circumstances. Meanwhile, more balanced conditions are being supported by supply increases in the higher price range of the market.
Prices have trended lower in comparison to the high levels reached in May as a result of the demand slowing down. With a benchmark price of $633,000, levels are nevertheless higher than they were a year ago.
This month, there was a noticeable decline in new listings compared to a minor improvement in semi-detached home sales. Because of this, the sales-to-new-listings ratio rose above 80% for the first time since April while total inventory fell in comparison to levels recorded in previous months and the previous year. Similar to the detached sector, market circumstances fluctuate depending on price ranges, with relatively tight market conditions prevailing in the lower price levels.
Despite this month's adjustment, prices continued to trend lower than they did in May. However, with a benchmark price of $569,300, prices are over 10% more than they were a year ago, similar to other property kinds.
The row-home market is still strong, with year-to-date levels close to 50% higher than last year, despite sales going downward in comparison to levels reached earlier in the year. Inventory levels fell this month as a result of a noticeable decrease in new listings at the same time. The months of supply stayed below two months due to this preventing any meaningful changes.
Home prices have stayed largely steady over the previous three months, despite the fact that market conditions are still somewhat tight. Overall, compared to levels reported in the previous year, the benchmark price for row houses in August was nearly 14% higher.
August saw an improvement in sales activity, which helped to contribute to year-to-date records sales of 4,576 units, an increase of 65% over the previous year. Because there was more supply in this market niche, some of this growth was made possible. The supply imbalance has, however, begun to close as a result of the recent increase in sales as compared to new listings.
Although conditions have changed over the past month, prices are still over 10% higher than they were last year despite being relatively constant compared to July. Despite recent price increases, apartment condominium sales are still below their 2014 record levels.
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Calgary, Alberta, May 2, 2022 – Following a month of all-time high sales in March, activity dropped in April.
Nonetheless, with 3,401 sales, it was a 6% increase over the previous year and a new high for the month of April.
CREB® Chief Economist Ann-Marie Lurie said, "Despite some of the monthly pullback, it is important to note that sales remain exceptionally strong and are likely being limited due to supply choice in the market." "While additional rate hikes are expected to dampen demand later this year, more pullbacks in new listings this month are ensuring that the market continues to favor the seller, resulting in further price gains."
New listings decreased in comparison to the previous month and the previous year. There was no change in total inventory levels since the sales-to-new listings ratio remained at 74%.
We are nowhere near record low inventory levels with 4,850 units in stock, but they are much lower than what was reported in April of 2014. The composition of the inventory levels has altered in the market. When comparing current inventories to those available in 2014, we can observe that detached houses make up a lower portion of the market, particularly for properties under $500,000.
Since November of last year, the months of supply in the Calgary market has remained below two months, putting substantial upward pressure on prices. In April, the benchmark price was $526,700, roughly 2% higher than the previous month and 17% higher than the previous year.
Year-over-year sales have declined for the first time since spring of 2020. While sales have decreased, it's worth noting that at 1,815 sales, they're still way ahead of long-term norms. Homes priced under $600,000 saw a decrease in sales. This drop in sales for lower-priced properties was most likely caused by a decrease in supply as a result of fewer new listings in those price categories. In the detached sector, inventories haven't been this low in April in over 15 years.
While slower sales compared to inventory levels helped lift the months of supply back beyond one month, circumstances remain very tight with only 1.3 months of supply. Prices are continuing to rise, albeit at a slower rate than in the previous three months. In April, the detached benchmark price reached $628,900, up 19% from the previous year.
Sales were likely slowed in April due to a drop in new listings compared to the previous month. Sales, on the other hand, are still quite strong, with year-to-date figures about 30% higher than last year and nearly double the long-term average. Because the slower rate of sales was accompanied by a drop in new listings, the inventory position remained unchanged, and this sector continues to favor the seller.
Price increases in the semi-detached sector were fueled by tight market conditions. The benchmark price in April was $487,900, about 2% higher than the previous month and over 16% more than the previous April.
While new listings were down from the prior month, there were 781 new listings this month. This is a 24 percent increase year over year and the highest amount ever measured in April. The increase in new listings contributed to higher sales activity, which increased over last year's levels and reached a new April high. Although the increase in new listings caused inventories to rise in comparison to earlier in the year, it was not enough to lift the market out of its sellers' market.
With little over one month's supply, prices are continuing to rise due to consistently tight market circumstances. Row prices increased by more than 2% month over month and are about 17% higher than last year, with to improvements in every area.
Apartment condominium sales, like other property categories, have slowed from last month's record highs. However, with 642 sales this month, activity increased by almost 46% over last year, setting a new high for April. This was made possible in part by the 893 new listings that entered the market. While it was not enough to significantly alter market supply levels, the months of supply increased to nearly two months.
Prices continued to rise in April due to tighter market conditions. The apartment benchmark price increased in all areas, and it is now 8% higher than it was at the same time last year. The robust price rises over the last three months have helped to decrease the spread from the record high price in 2014.
FACTS ABOUT THE AIRDRIE MARKET
Sales significantly outpaced the number of new listings that came on the market in April, leading inventory levels to drop even lower and assuring that the market continues to favor sellers with less than one month's supply. This is the sixth month in a row that the months of supply has been less than one month.
In April, the benchmark price hit $480,600, a 29 percent increase year over year. Prices have risen across the board, but the detached sector has seen the most improvement, with average April price slightly above $550,000. This is about 33% greater than levels seen in April of last year.
A modest drop in sales in comparison to new listings aided in lowering the sales-to-new-listings ratio below 80%. This is the first time since March of last year that this has happened. While this helped to boost inventory levels to levels not seen since November of last year, circumstances remain very tight and in favor of the seller.
While the rate of increase has slowed significantly in comparison to recent months, the April benchmark price in Cochrane was $530,900, up over 2% from last month and up 21% from last year's levels. The detached and semi-detached housing market in Cochrane has been the main driver of price increases.
The increase in new listings that occurred last month did not continue this month, as sales in April outnumbered new listings. Inventory levels and supply months fell further lower as a result of this. This is the seventh month in a row that the months of supply has been less than one month, putting downward pressure on prices.
In April, the benchmark price increased by 13% year over year to $538,300. Both detached and semi-detached homes have seen the most price rise, as has been the case in many other locations.
Due to an increase in new listings, the first quarter of 2022 saw record high sales activity.
In comparison to the previous quarter, when sales outnumbered new listings, this gave buyers more options. Although the number of new listings increased, it was insufficient to add significant supply to the market. Inventory levels fell by 30% in the fourth quarter of 2021, compared to long-term trends, resulting in the lowest quarterly inventory level since 2014. "In the first quarter, record sales combined with low inventory levels resulted in months of supply averaging just over one month," said CREB® Chief Economist Ann-Marie Lurie.
"We haven't seen conditions this tight since 2006, which was also the last time we saw price increases of more than 15%." In the first quarter of 2022, the persistent sellers' market conditions weighed on prices. The total residential benchmark price averaged $496,767, owing to strong gains in the detached sector of the market.
This represents a nearly 8% quarterly increase and a nearly 15% year-over-year increase. While strong sales were expected in the first quarter, demand continued to outperform forecasts. "Expectations of rising rates and further price increases are likely to push consumers into the market as soon as possible," Lurie said. "However, a lack of choice in recent quarters has created a demand spike that can only be met as supply levels improve." While the economy will continue to support housing demand, the rate of sales is expected to slow later this year.
This will eventually aid the market's transition to more balanced conditions, reducing price pressure.
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