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Priced to Sell at $1,598,000

x  🏡   OPEN HOUSE on Saturday June 14h 1-3pm You’re Invited!

⛳️ Do you LIVE at the golf course? Then you should LIVE at the golf course! Come check out this spectacular home backing on to hole #5 at Springbank Links.

🔥 435 Rodeo Ridge, Priced to SELL $1,598,000

Welcome to this immaculately maintained Custom-built Bungalow with Walkout Basement in the quiet community of Rodeo Ridge in Springbank Links, backing onto par 3 hole #5 of Springbank Links golf course and park/green space across the street, the dramatic entrance has captivating views emphasized by the barrel vaulted ceilings with stunning views over the golf course of aptly named Emerald Bay and Calgary’s city center and all within 10 minutes to Calgary Olympic Park and convenient shopping/amenities. Rich maple kitchen cabinets built on site with stately granite counters with eating bar and granite flooring, stainless appliances including built in side-by-side Kitchen Aid refrigerator and microwave wall oven, Bosch dishwasher, Thermador gas range, panelled hood fan, beautiful wool Berber carpeting, structured category 5e wiring throughout – suited for home automation and whole home audio.  Spacious dining room, large walkthrough pantry, main level laundry, bright breakfast nook, great room with gas fireplace and vaulted ceilings, large primary bedroom with 5-piece ensuite/jetted tub, ample walk in closet, main level bedroom or office, hour glass shaped open riser staircase to bright walkout lower with 3 additional bedroom or office space, wet bar in recreation/games room, corner gas fireplace, custom built cabinets, massive storage/utility room with new hot water tank (Oct 2024) new furnace motor (Nov2024) new 50 year asphalt shingled roof (Sep2016), entire interior repaint with a designers touch (Mar2025) I will say it again, this home is immaculately lived in and the pride of ownership shows in every quality detail!  School bus pick-up for the Springbank elementary, middle and high schools ranked top 5% in Alberta over the last 5 years according to Fraser Institute 2024. Plus, close to numerous private schools including Edge.  $400 annual condo fee, water and sewer is Emerald Bay Water Co-op, Rodeo Ridge Condo Association includes garbage, recycling and road snow removal.  Possession is negotiable.

 https://youriguide.com/435_rodeo_ridge_calgary_ab/

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Price Adjustments mostly driven by Condo’s

Price adjustments mostly driven by apartment and row style homes
According to Calgary Real Estate Board (CREB) Thanks to steep pullbacks in the apartment condominium sector, total residential sales in Calgary eased by 17 per cent compared to May of last year. While the drop does seem significant, the 2,568 sales this month remain 11 per cent higher than long-term trends for May and improved over last month.
New listings continued to rise this month compared to sales, resulting in further gains in inventory levels. However, the monthly gain in both inventory and sales prevented any significant change in the months of supply compared to April. With 2.6 months of supply, conditions are still relatively balanced.
“Compared to last year, easing sales and rising inventories are consistent trends across many cities, as uncertainty continues to weigh on housing demand. However, prior to the economic uncertainty, Calgary was dealing with seller market conditions, and the recent pullbacks in sales and inventory have helped shift us toward balanced conditions taking the pressure off prices,” said Ann-Marie Lurie, Chief Economist at CREB®. “This is a different situation from some of the other larger cities, where their housing markets were struggling prior to the addition of economic uncertainty.”
Last year there was limited inventory across most property types and price ranges. Recent inventory gains are creating pockets of the market that are struggling with too much supply while in other areas supply levels are still low relative to the demand, resulting in divergent trends in home prices. Both detached and semi-detached home prices have remained relatively stable this month and are still higher than last year’s levels.
Meanwhile, row and apartment style homes have reported modest monthly price declines and May prices remain below last year’s levels, as improved new home and rental supply is weighing on resale prices. Overall, the total residential unadjusted benchmark price in Calgary was $589,900, slightly lower than last month and over two per cent below May 2024 levels.

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        😊 Awe, this testimonial makes me blush 😊

😊 Awe, this testimonial makes me blush, working with great clients makes this career in real estate extra rewarding.

 If you are considering buying or selling? Please reach out if I can help you with your real estate goals. 🏡

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🎉JUST SOLD 🎉

🏡 Offered at $935,000 🏡

🔥 Congratulations to my happy sellers! 🔥

Tired of tight family bedroom space? This is the beautiful and practical home your family can grow with and ideally located in West Springs, close to numerous schools and walking distance to St. Joan of Arc school, huge and impressive pie shaped lot with lots of play space and large deck, fully fenced, concrete parking pad and two car front drive garage, welcoming foyer, main level laundry, office/den, rich Oak kitchen with center island eating bar, pantry, 3 way gas fireplace, large dining with built in cabinets, spacious living room, newly refinished Oak hardwood floors (May 2025), 4 bedrooms with 3 large bedrooms up with jack and jill 4pc ensuite, private primary suite with large walk in closet and 5 pc ensuite with jetted tub, large bedroom in lower, fully finished basement with huge recreation/games room with gas fireplace, upgraded Coleman 100 000 BTU new 2 stage furnace (Feb 2025), Newer upgraded asphalt roof Owens Corning Duration roof system (June 2024) close to shopping, restaurants and conveniences, located on a quiet cul-de-sac. This incredible 2 storey home offers the best of family living with original owners and built with pride by Beattie Homes.

📱 Reach out if I can help you achieve your real estate goals!

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🎉 PURCHASED   🎉

🔥 Offered at $1,125,000 🔥

🏡 Congratulations to my happy buyers! 🏡

🤔Are you thinking of buying or selling? Reach out to make your real estate dreams a reality.📱

Don’t miss this custom-built three-storey residence nestled in the popular community of Mount Pleasant on a quiet street lined with trees. This luxurious masterpiece spans over 3300sq/ft of meticulously designed living space, boasting an array of high-end features and finishes that epitomize opulence. Step inside and be captivated by the grandeur of high-painted ceilings, complemented by the richness of hardwood floors. Towering 9' ceilings and strategically placed skylights bathe the interiors in an abundance of natural light, creating an atmosphere of pure elegance. Indulge in the warmth and ambiance of indoor and outdoor fireplaces, perfect for cozy evenings with loved ones. Every detail has been meticulously curated, with pristine white quartz countertops adorning every surface, exuding a sense of refined sophistication. The custom-designed kitchen is a

culinary haven, equipped with top-of-the-line Viking appliances, including a gas cooktop and island hood fan. Impeccable craftsmanship is evident in the built-in wall oven and microwave, ensuring every culinary need is met with ease. Descend to the basement level where luxury knows no bounds. Discover a fourth bedroom, accompanied by a full bath, and an unparalleled theatre room. Custom built-ins, a wet bar, and a bar fridge set the stage for unforgettable movie nights. Immerse yourself in the ultimate entertainment experience with a cutting-edge 3D projector, screen, and a state-of- the-art 7.1 built-in sound system. Unwind in the spa-like oasis of the master ensuite, featuring heated tiles, a rejuvenating steam shower, and a decadent jetted tub. Experience ultimate comfort with complete A/C, central vac, and in-floor heating systems, ensuring a perfect climate year-round. Step outside and be greeted by the stunning private backyard, a true outdoor oasis. Gather around the captivating fireplace or entertain guests on the expansive concrete patio, designed to accommodate memorable gatherings. The heated garage provides convenience and peace of mind. The luxurious details continue with a limestone fireplace and a custom dining feature wall, adding a touch of grandeur to the already exquisite interiors. Custom millwork throughout the home showcases the impeccable attention to detail and showcases the unparalleled craftsmanship. Located close to schools, shops, restaurants, parks and a quick drive to downtown.

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Balanced conditions take pressure off prices

A boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. Although this is more than double the number reported last year, last year’s supply was exceptionally low, and current inventory levels are consistent with what we typically see in April. April sales reached 2,236 units—22 per cent below last year’s levels but in line with long-term trends.

“Economic uncertainty has weighed on home sales in our market, but levels are still outpacing activity reported during the challenging economic climate experienced prior to the pandemic,” said Ann-Marie Lurie, Chief Economist at CREB®. “This, in part, is related to our market's situation before the recent shocks. Previous gains in migration, relatively stable employment levels, lower lending rates, and better supply choice compared to last year’s ultra-low levels have likely prevented a more significant pullback in sales and have kept home prices relatively stable.”

The rise in inventory levels helped the market shift to balanced conditions with nearly three months of supply. However, conditions vary depending on price range and property type. Lower-priced detached and semi-detached properties continue to struggle with insufficient supply, while row and apartment-style homes are seeing more broad-based shifts to balanced conditions.

The additional supply has helped relieve the pressure on home prices following the steep gains reported over the past several years. Benchmark prices for each property type have remained relatively stable compared to last month. However, compared to last year, detached and semi-detached prices are over two per cent higher than last year's levels, while apartment and row-style home prices have remained relatively unchanged.

 

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Uncertainty is weighing on Calgary's housing market.

Uncertainty is weighing on Calgary's housing market. Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 per cent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest declines seen in higher-density segments.

“It is not a surprise to see a pullback in sales given the uncertainty,” said Ann-Marie Lurie, Chief Economist at CREB®. “However, it is important to note that sales still remain stronger than anything reported throughout 2015 to 2020, where our economy faced significant economic challenges and job loss. Nonetheless, easing demand has been met with gains in new listings and rising inventories, helping our market shift back toward balanced conditions, following four consecutive years where the market favoured the seller.”

March reported over 4,000 new listings, causing the sales-to-new-listing ratio to drop to 54 per cent, low enough to support further inventory gains. Total residential inventory levels reached 5,154 units, and the months of supply pushed up to 2.4 months. While this is a significant change from last year, with limited supply options across all property types and price ranges, conditions reflect a better balance between a seller and a buyer today. However, the market significantly varies depending on location, price point, and property type.

Improving supply has taken the pressure off home prices following the steep gains reported over the previous four years. In March, the unadjusted residential benchmark price reached $592,500, relatively stable compared to both last month and prices reported last March. Both detached and semi-detached prices remain consistent with peak prices and continue to rise, while apartment and row-style homes continue to report prices slightly lower than last year's peak.

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SOLD 🎉 463 Silverado Plains Circle SW in Calgary

Discover this beautifully maintained family home in the sought-after community of Silverado. Thoughtfully updated and move-in ready, this property offers a perfect blend of comfort and convenience. The open-concept main floor features a bright living room with a modern fireplace, a spacious dining area, and an upgraded kitchen with dark cabinetry, premium resurfaced countertops, a functional island, and tiled front and rear entrances. A half-bath completes the main level. Recent upgrades include a new furnace and hot water tank in 2021 , roof, siding, oven, fridge, and water purifier were replaced in 2022 ensuring the home is well-prepared for years to come. Upstairs, you’ll find three sunlit bedrooms, including the master suite The fully fenced backyard offers a newly added detached two-car garage and a large deck, perfect for entertaining. The front yard is ideal for gardening enthusiasts. The basement is fully finished, complete with laminate flooring and a full bathroom, adding valuable extra living space. Conveniently located within walking distance to schools, parks, trails, and public transit, and just minutes from shopping, dining, and quick access to the ring road, this home offers everything your family needs.

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Buy Canadian 🇨🇦 with Real Estate in Calgary! 

Buy Canadian 🇨🇦 with Real Estate in Calgary!  Show your Canadian Pride!

Bank of Canada has reduced rate down 25% to 2.75%

The Canadian economy entered 2025 in a solid position, with inflation close to the 2% target and robust GDP growth. However, heightened trade tensions and tariffs imposed by the United States will likely slow the pace of economic activity and increase inflationary pressures in Canada. The Bank of Canada release states the economic outlook continues to be subject to more-than-usual uncertainty because of the rapidly evolving policy landscape.

Does this impact your future real estate goals?  Let me know if I can help you navigate Calgary’s ever changing real estate market.

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Supply levels improved in January 🎉

Following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 per cent year-over-year gain is significant, inventory levels remain lower than the over 4,000 units we would typically see in January. Inventories rose across all property types, with some of the largest gains driven by apartment-style condominiums.

“Supply levels are expected to improve this year, contributing to more balanced conditions and slower price growth,” said Ann-Marie Lurie, Chief Economist at CREB®. “However, the adjustment in supply is not equal amongst all property types. Compared with sales, we continue to see persistently tight conditions for detached, semi-detached and row properties while apartment condominiums show signs of excess supply for higher priced units.”

Citywide, the months of supply reached 2.5 months in January, an improvement over the one month of supply reported last year, but it is still considered low for a winter month. The month of supply ranged from under two months for semi-detached properties to 3.5 months for apartment-style units.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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.