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DECEMBER 2024 CALGARY AND REGION REAL ESTATE MARKET REPORTS

🏡 Population growth in recent years has supported sales activity that continues to exceed historical trends. While December's inventory remained below typical levels for the month, it was slightly above last December. Increased rental options and significant growth in new home construction contributed to higher new listings in the resale market, boosting inventory during the second half of the year.
Although market conditions vary by price range and property type, the expanded housing options have eased some of the pressure on home prices, which stabilized in the latter half of the year following sharp increases in the spring. Overall, residential benchmark prices increased by over 7% on an annual basis.

🏡 As we enter 2025, supply is expected to remain a key focus. However, the impact on prices will largely depend on the type of housing being added and how demand evolves in response to shifts in the economic environment.

🏡 Give me a call or DM if you would like to know what your home is worth in this changing market

#calgaryrealestatemarket #calgaryhousing #calgaryrealestate #calgaryhomes #calgaryliving #calgary

Data sourced from the CREB Calgary Real Estate Board

December 2024 CREB Calgary Real Estate Full Report

December 2024 CREB Calgary REGION Real Estate Full Report

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New property listed in Strathcona Park, Calgary

I have listed a new property at 40 Strathearn RISE SW in Calgary. See details here

Tremendous opportunity in desirable Strathcona Park! This 4-level split home boasts awesome curb appeal and is nestled in the heart of the neighbourhood on a quiet and family friendly street. With almost 1800 square feet of developed living space with 4 bedrooms and 3 full bathrooms, this is a perfect home for a young family or first-time home buyer. The main level is highlighted by a recently renovated kitchen with a tasteful combination of white cabinetry, stainless steel appliances, and breakfast nook. Formal dining room and den area complete the main level. The den area can easily be converted back to the original formal living room. Plenty of natural south facing light and quality laminate flooring dominate. Upper level includes 3 generous sized bedrooms and a full bathroom. Primary bedroom includes dual closets and a 3-piece ensuite. Open and inviting lower level boasts even more living space that only a 4 split can offer. Spacious living room complete with wood burning fireplace is a perfect spot to spend the cold winter nights in front of the big screen. Completing the lower level is another bedroom, another full bathroom, and a dedicated laundry space. Unspoiled basement is loaded with storage space and includes a newer furnace and hot water tank. Central air conditioning for those hot summer days. Backyard oasis provides a safe spot for the kids to play. South facing front porch is a perfect place to enjoy your morning coffee. A short walk to the downtown C-train, walking distance to a large trail system, easy access to head out to the mountains with the full completion of the ring road and close to many school options. Many recent updates include the previously mentioned furnace, hot water tank, central air conditioning, shingles, and paint inside and out. Show and sell.

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20 Cheap Updates to Increase the Value of Your Home

Upgrading your home doesn’t have to cost a fortune. With some strategic updates, you can enhance its appeal and boost its market value without breaking the bank. Here are 20 budget-friendly updates to make your home shine:

1. Paint Walls with Neutral Colors

A fresh coat of paint in neutral tones like beige, gray, or white instantly brightens and modernizes any space. It’s affordable and creates a clean slate for potential buyers.

Add value to your home

2. Upgrade Cabinet Hardware

Switch out outdated knobs and handles in the kitchen and bathroom for modern options. Sleek finishes like brushed nickel or matte black add a contemporary touch.

3. Install Smart Home Features

Affordable smart devices like thermostats, doorbells, or lighting systems can appeal to tech-savvy buyers and add convenience.

4. Refresh Landscaping

Add curb appeal with low-cost landscaping. Mulch flower beds, trim overgrown shrubs, and plant colorful flowers to create a welcoming entrance.

5. Replace Light Fixtures

Swap old light fixtures for stylish, energy-efficient options. This simple change can dramatically modernize a room.

6. Deep Clean Carpets and Floors

Rent a carpet cleaner or hire a professional to remove stains and odors. For hard floors, polish and repair any scratches.

7. Upgrade Your Front Door

Paint your front door a bold, welcoming color or replace it entirely with a modern design. Add a new doorknob and knocker for an updated look.

8. Add a Backsplash

Peel-and-stick tiles are an inexpensive way to add a stylish backsplash to your kitchen or bathroom.

9. Declutter and Organize

Clutter-free spaces look larger and more inviting. Invest in storage solutions like bins and shelving to showcase a tidy, organized home. Decluttering is likely the least expensive thing we can do and can have a huge impact on everyday life as well.

10. Replace Outlet Covers

Old, yellowed outlet covers can make a room look dated. Replace them with new covers in a clean white or trendy metallic finish.

11. Power Wash Exterior Surfaces

Power wash your siding, driveway, and patio to make your home’s exterior look clean and well-maintained.

12. Upgrade Bathroom Fixtures

Switch out old faucets, towel bars, and showerheads for modern designs. Look for affordable sets that coordinate for a polished look.

13. Seal Drafty Windows and Doors

Use weather stripping or caulk to seal air leaks. It’s inexpensive and can save money on energy bills while making your home more comfortable.

14. Add Mirrors

Mirrors create the illusion of more space and reflect light to brighten rooms. Look for affordable decorative mirrors to enhance small or dim areas. Be careful not to over-do mirrors, and to keep them clean.

15. Paint or Stain Cabinets

If your kitchen or bathroom cabinets look dated, give them a new life with paint or stain. Opt for light neutral colors to make spaces feel larger.

16. Upgrade Window Treatments

Replace heavy drapes with affordable blinds or sheer curtains to let in more light and create a modern aesthetic.

17. Install Crown Molding

Add character to your home by installing crown molding in key areas like the living room or dining room. DIY kits make this project cost-effective.

18. Create a Statement Wall

Use peel-and-stick wallpaper or bold paint to create an accent wall that adds visual interest to a room.

19. Fix Squeaky Doors and Floors

Use WD-40 on squeaky hinges and tighten loose floorboards. Small repairs like these improve the overall feel of the home.

20. Update House Numbers

Replace old house numbers with modern, easy-to-read styles to improve curb appeal and make your home stand out.

These updates are budget-friendly and simple enough for most homeowners to tackle. Not only will they enhance the functionality and aesthetics of your home, but they can also increase its value when it’s time to sell. Start small, and watch your home transform!

Start with the exterior curb appeal, as this will always affect the value of your home whether you are selling now or not. The better the neighbourhood looks the more value all of the homes will hold.

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The Best Colors to Paint Your Home Interior in 2025

When preparing your home for the market, choosing the right paint colors is a game-changer. The right palette can make your home feel more inviting, spacious, and move-in ready—key factors that appeal to potential buyers. Interior paint trends focus on versatility, calm, and a touch of modern sophistication. Here are the best colors to consider when selling your home.  Photo above from https://havenly.com/blog/benjamin-moore-simply-white

Warm Whites: Bright and Inviting

Soft, creamy whites remain a favorite for their ability to brighten spaces and make rooms feel larger. Perfect for kitchens, living areas, and bedrooms, warm whites enhance natural light.
Why It Works: Buyers love the clean, fresh look that’s timeless and versatile.
Top Picks:

  • Benjamin Moore Swiss Coffee OC-45 (pic below from BenjaminMoore.com)

  • Benjamin Moore Simply White OC-117 

Benjamin Moore Swiss Coffee

Earthy Greens: A Nod to Nature

In 2025, soft greens with earthy undertones bring a calming vibe to interiors. These shades are ideal for bedrooms, bathrooms, and living spaces, creating a restful, natural atmosphere.
Why It Works: Green feels fresh and modern, appealing to buyers looking for serenity in their next home.
Top Picks:

  • Farrow & Ball Treron

  • Sherwin-Williams Evergreen Fog SW-9130 (pic below from sherwin-williams.com)

Paint colors for selling your home

Light Taupes: Cozy and Modern

Taupe is a go-to color for creating cozy yet modern interiors. It adds warmth and sophistication to living spaces and bedrooms.
Why It Works: Taupe balances traditional and contemporary styles, appealing to a wide range of buyers.
Top Picks:

  • Sherwin-Williams Perfect Greige SW 6093 (pic below from sherwin-williams.com)

  • Valspar Smoked Oyster

Tips for Painting Your Home to Sell

  1. Stick to Neutral Palettes: Bold colors may alienate some buyers, while neutrals allow them to imagine their own décor.

  2. Focus on High-Impact Areas: Prioritize entryways, living rooms, and kitchens for the most significant impact.

  3. Maximize Light: Choose light, airy colors to make small spaces feel larger and brighter.

  4. Refresh Before Listing: Even if walls don’t look worn, a fresh coat of paint ensures your home feels clean and updated.

The interior paint trends emphasize soft, neutral, and nature-inspired tones that appeal to a wide audience. Colors like greige and warm whites help create inviting spaces that potential buyers can easily envision as their own. By choosing these on-trend shades, you can enhance your home’s appeal and sell it faster in today’s competitive market.

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NOVEMBER 2024 CALGARY AND REGION REAL ESTATE MARKET REPORTS

🏡Calgary's housing market in November saw a rise in sales of detached, semi-detached, and row homes, which compensated for a drop in apartment condominium sales. The total sales for the month reached 1,797, matching last year’s figures and staying 20% above long-term averages for November.

🏡Inventory levels increased but remain below historical norms for the month. New home construction has contributed to supply in the rental, new home, and resale markets, but availability varies significantly depending on location, price, and property type.

🏡Although this creates a more balanced market that benefits buyers, many segments still favour sellers. The improved supply has slowed price growth, as demand shifts toward more affordable row houses and apartment units.

Give me a call or message if you would like to know what your home is worth in this changing market.

#calgaryrealestatemarket #calgaryhousing #calgaryrealestate

Data sourced from the CREB Calgary Real Estate Board

November 2024 CREB Calgary Real Estate Full Report

November 2024 CREB Calgary REGION Real Estate Full Report

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New property listed in Bowness, Calgary

I have listed a new property at 4730 70 STREET NW in Calgary. See details here

Located on a quiet street in a great location, this long term homeowner has made the decision to introduce this extremely well maintained home to the market. The main level includes a generous sized kitchen complete with plenty of cupboard space, and a dining room which opens up to a large living room, which boasts a cozy wood burning fireplace. West facing front deck offers a great spot for the BBQ and invites maximum natural lighting into the dwelling. Completing the main level are 2 good sized bedrooms and a full bathroom. Lower level includes a large recreation room, a flex area, a nicely renovated full bathroom, and a third bedroom making it a perfect fit for the growing family. A newer furnace and hot water tank are simply icing on the cake. Private and fenced backyard includes ample parking and a shed with plenty of room for a future garage. Super close to the Bow River pathway system, area shopping, and easy access for the downtown commute or a weekend trip to the mountains. Homes of this potential and quality do not come on the market. Now is the time to take advantage of the tremendous opportunity.

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OCTOBER 2024 CALGARY AND REGION REAL ESTATE MARKET REPORTS

📊 Supply levels in our real estate market are improving compared to the extremely low levels seen last year.
📈 However, much of this growth has been due to an increase in higher-priced homes across all property types.
🏠 As a result, the upper end of the market is now far more balanced, while the lower to mid-price ranges for each property type continue to reflect seller’s market conditions.
📈 Buyers have more choices above the $1m price point, under $600k is still very much a seller's market.
📱 Give me a call if you would like to know what your home is worth in this changing market.
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#calgaryrealestatemarket #calgaryrealestate #calgaryhousing

Data sourced from: CREB Calgary Real Estate Board

October 2024 CREB Calgary Real Estate Full Report

October 2024 CREB Calgary REGION Real Estate Full Report

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New property listed in Bonavista Downs, Calgary

I have listed a new property at 1183 Lake Huron CRESCENT SE in Calgary. See details here

Opportunity knocks! This huge bungalow is in a fantastic location and is right across the street from a community park. The large treed lot and nice curb appeal will have you wanting more. You are immediately greeted by the front foyer and traditional living and dining room areas. These areas include quality hardwood flooring coverage and 8 foot textured knockdown ceilings. Generous sized kitchen includes plenty of cupboard space, an island with breakfast bar, and overlooks the breakfast nook and vaulted family room. The kitchen and nook have tile flooring and the family room is laminate. Three good sized bedrooms, an office, and full bathroom complete the main level. Primary bedroom has a 3 piece ensuite and walk-in closet with hallway access to the den, which used to be one of the bedrooms. Basement development provides the same footprint as the main level, providing over 2700 square feet of total living space! It includes an additional bedroom, large recreation room with wet bar, a 3 piece bathroom, and a den area. Though in original condition, including recent extensions to the main dwelling, the entire canvas invites you to indulge in your creative renovation ideas. Backyard oasis boasts a more recently installed all weather deck so you can enjoy the afternoon summer sunlight in a quiet setting after a day's work. Oversized double garage is simply icing on the cake. Location influences include easy access to bus, LRT services, Deerfoot Trail along with activities.....tobogganing, running paths, frisbee golf, and a park right across the street for the kids to play safely. This home has tremendous potential for your family to settle in for a very long time much like the current owners.

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New property listed in Strathcona Park, Calgary

I have listed a new property at 40 Strathearn RISE SW in Calgary. See details here

Welcome to this warm and inviting move-in ready home in the desirable Strathcona Park. This 4 bedroom 4 level split is located in a family-friendly neighbourhood on a quiet cul-de-sac with a children's playground. The home is within walking distance of multiple parks and walking paths, close to some of Calgary's top schools, minutes from downtown, and within walking distance of trains, transit, and nearby shopping and amenities. With the completion of Ring Road, you are now minutes to the free-flowing freeway, allowing quick access out of or around the city. The home offers 4 bedrooms plus a large home office/studio with lots of natural light, 3 full baths, and 1,775 square feet of total living space spread across three fully developed levels. Inside, you'll find a very neutral palette and an updated interior with knockdown ceilings and stylish laminate flooring. The kitchen is functional and has stainless steel appliances (fridge, stove, microwave, dishwasher) and is complemented by a spacious dining room. The lower level boasts a large recreation space with a fireplace and laundry area. There's also a full basement and crawlspace for additional storage and versatility. Outside, the fenced backyard provides space for outdoor activities and an outdoor living area, perfect for entertaining or relaxation. Recent updates of $35,000 include a newly installed furnace and air conditioning system, as well as new shingles and paint inside and out.

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AUGUST 2024 CALGARY AND REGION REAL ESTATE MARKET REPORTS

📈 Inventory in August was higher than last year but still below long-term averages. Supply gains were driven by higher-priced properties, while affordable homes saw continued declines.
📈 Sales fell 20% from last year’s record but were 17% above long-term averages.
📲 If you have questions about how the real estate market is affecting your property value, and me a message, I'd love to talk.
* Data referenced from CREB (Calgary Real Estate Board) statistics.

August 2024 CREB Calgary Real Estate Full Report

August 2024 CREB Calgary REGION Real Estate Full Report

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JULY 2024 CALGARY AND REGION REAL ESTATE MARKET REPORTS

🏡 July 2024 Calgary Real Estate Market update.

📈 With the busy spring market behind us, we are starting to see more inventory - still 33 per cent below what we typically see in July, but the first time they have pushed above 4,000 units in nearly two years.


📈 Although the majority of supply growth occurred for homes priced above $600,000, the rise has helped shift the market away from the extreme sellers’ market conditions experienced throughout the spring. “While we are still dealing with supply challenges, especially for lower-priced homes, more options in both the new home and resale market have helped take some of the upward pressure off home prices this month,” said Ann-Marie Lurie, Chief Economist at CREB®.

📈 July sales eased by 10 per cent over last year's record high but were still higher than long term trends for the month. Improved supply helped slow the pace of monthly price growth for each property type.

*Data source: CREB Calgary Real Estate Board monthly statistics.

#calgaryrealestatemarket #calgaryrealestate #calgaryrealtor

July 2024 CREB Calgary Real Estate Full Report

July 2024 CREB Calgary REGION Real Estate Full Report

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New property listed in Downtown East Village, Calgary

I have listed a new property at 1206 624 8 AVENUE SE in Calgary. See details here

Prepare to be impressed by this wonderful unit at INK by Battistella in the heart of trendy East Village! This 2 bedroom and 2 bathroom includes unobstructed views to the east and south as far as the eye can see. Inside boasts an industrial feel without losing the focus of an ultra modern design. The floor plan provides a good division between the 2 bedrooms. The primary bedroom includes a 3 piece ensuite while the 4 piece bathroom is right beside the second bedroom. Both bathrooms have quartz countertops. Kitchen has a tasteful combination of grey cabinets, quality stainless steel appliances, quartz countertops, and overlooks the living area, which invites maximum natural lighting and views of the Bow River, Fort Calgary, Saddledome and portions of downtown. Concrete flooring, high ceilings, floor to ceiling windows dominate. Other features include titled underground parking, assigned out of unit storage, and main level bike storage with wash bay. Rooftop terrace with garden and fireplace and party room are icing on the cake. Steps to the Bow River path system, all types of shopping, the downtown core and Saddledome. From the common area right through this condo unit, you may be impressed to the point that you will want to make this your next home. Show and sell.

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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.