ROONEY CRONIN + VALENTINE FALL MARKET REPORT

Calgary’s residential resale market remains a tale of several markets. Detached homes continue to be in demand and perform strongest, followed by semi-detached homes, townhomes and row homes. Townhome product is now leaning toward a buyers’ market, while apartment-style condominiums are showing the most pronounced buyers’ market conditions. The increased inventory of new construction that has flooded the condominium sector is largely responsible for the downward pricing market correction as supply exceeds demand. Overall, net migration has moderated from the exceptionally strong levels Calgary experienced over the past few years, particularly from interprovincial migration.

The luxury market is still performing well, although it has softened since the spring which is typical of Calgary’s seasonal market conditions. In particular, inner-city properties and single-story living are in high demand. In today’s market conditions, the properties that are well prepared for the market continue to attract strong interest.

The fall marketplace is one of our preferred market seasons. The buyers are serious and are actively looking for good products that meet their criteria, and the properties that come to the market receive solid attention. If you are considering selling and are thinking you should wait till the spring, let’s chat. There are some significant advantages to listing your home in the fall marketplace where competition is limited. If you are looking to buy, let’s have a meeting. The fall market is one of the best opportunities for buyers to find the right property that meets their needs.

As always, we welcome your calls and emails, and we are never too busy to answer your questions about today’s market conditions. If you know someone who is looking to buy or sell, we welcome your referrals.

We look forward to hearing from you.

ROONEY CRONIN + VALENTINE ACTIVE LISTINGS

LIST PRICE

$ 2,295,000 – Elbow Valley - Located in gorgeous Elbow Valley, close to the City Centre, all levels of schooling, shopping + the mountains, this beautifully updated home enjoys a quiet cul-de-sac setting on a huge, private, gorgeously landscaped lot.

$ 1,950,000 – Springbank Hill - Situated on the quiet south end of prestigious Posthill Drive, this striking West Coast Contemporary blends architectural design, thoughtful updates + sophisticated living.

$1,099,000 – Mission - Move-in ready luxury in Riverstone, offering an exceptional two-bedroom, two-bath residence with beautiful downtown views in Calgary’s vibrant + walkable Mission District along the Elbow River.

$ 799,900 – Elbow Park -Charming character bungalow, situated on a large corner lot. Beautifully situated on a large corner lot along 38 Avenue SW.

$ 775,000 – Signal Hill – Ready for quick occupancy, two-story home in mint condition freshly painted + in a quiet location.

$ 699,900 - Highwood -Fantastic corner location across from school park + with south backyard, 3 bedroom bungalow.

$ 629,900 – Killarney - Fantastic location on one of the area’s best streets, surrounded by mature trees + many beautiful newer homes.

Visit our website for photos + details of these exceptional

properties: http://www.rooneycroninvalentine.com

ROONEY CRONIN + VALENTINE JUST SOLDS

SALE PRICE

$ 5,302,500 – Riverdale - Nearly half an acre lot where the street meets the forest with 220 ft on River. Represented the Buyer

$ 5,250,000 – Upper Mount Royal - An architect-designed private estate home on a gorgeous lot + thoughtfully modernized. Represented the Buyer + Seller

$ 4,400,000 – Elbow Park - An exceptional Riverfront residence with south backing yard + beautifully renovated + with triple attached garage. Represented the Buyer + Seller

$ 4,115,000 – Riverdale - Situated on one of Calgary’s most prestigious streets, beneath a canopy of mature elm trees, a beautiful, immaculate home. Represented the Seller

$ 3,475,000 – Altadore - An exceptional 7 bedroom, 8-bathroom luxury custom home with gorgeous curb appeal + design. Represented the Seller

$ 3,400,000 – Bowness - Extraordinary Riverfront estate on an exceptional + private 14,600 sq ft lot backing the Bow River. Represented the Seller

$ 3,050,000 – Elbow Park - Rare find in an exceptional location with 125 feet of south exposure alongside Christ Church Park. Represented the Seller

$ 2,800,000 – Riverdale - Cherished by the same owners for over 50 years, with a fabulous south-facing large lot. Represented the Buyer

$ 2,455,000 – Upper Mount Royal - Large bungalow on a beautifully landscaped 9,838 sq. ft. lot. Represented the Buyer

$ 2,265,000 – Aspen Woods - Beautifully appointed bungalow villa delivers over 3,500 sq. ft. of developed living space. Represented the Buyer

$ 2,200,000 – Roxboro - Outstanding corner lot location backing onto tennis court, playground + green space!!! Represented the Buyer + Seller

$ 1,800,000 – Springbank Hill - Estate home on a quiet cul de sac, on an 11,600 sq ft pie-shaped ravine lot. Represented the Buyer

$ 1,775,000 – Bayview - Fabulously renovated bungalow in the desirable location on an exceptionally large gorgeous lot. Represented the Seller

$ 1,650,000 – Upper Mount Royal - Remarkable walkout bungalow with with loads of potential. Represented the Buyer

$ 1,600,000 – West Hillhurst -Exceptional executive residence with excellent layout + lot. Represented the Buyer

$ 1,529,000 – Lakeview - Beautifully renovated 4 bedroom + 3 full bathroom bungalow in excellent location. Represented the Buyer

$ 1,475,000 – Glendale - Stunning modern bungalow with thoughtfully designed living space. Represented the Buyer

$ 1,450,000 – Chinook Park – Thoughtfully reimagined + extensively renovated 4 level split - timeless mid-century inspiration. Represented the Buyer

$1,435,000 – Edgemont - Unbeatable Ridge location with expansive unobstructed mountain, valley + city views. Represented the Seller

$ 1,385,000 – Charleswood- Walkout bungalow on a quiet cul-de-sac, backing directly onto Nose Hill Park. Represented the Buyer

$ 1,285,000 – Rutland Park - Immaculate property with functional layout + elevated inner-southwest lifestyle. Represented the Buyer

$ 1,150,000 – Parkdale - Stunning detached quality-built infill with excellent layout, design features + location. Represented the Seller

$1,132,500 – Brentwood - Stunning extensively renovated bungalow (2022) in the heart of Brentwood, set on a quiet cul-de-sac on a sprawling 7,700 sq. ft. lot. Represented the Seller

$ 1,078,000 – Killarney - 2400 square foot two story in mint condition with excellent location + quiet location. Represented the Seller

$ 1,040,000 – Parkland - Beautifully remodeled + re-designed bungalow steps from Fish Creek Ridge. Represented the Seller

$ 965,000 – Altadore - Beautifully updated detached infill on a quiet, street just minutes from Marda Loop. Represented the Buyer

$ 950,000 – Scarboro - Fantastic lot across from highly ranked Sonata school. Represented the Seller

$ 880,000 – Killarney/Glengarry - Large 57’; x 120 lot with south exposure + fantastic location. Represented the Seller

$ 842,000 – Mahogany - Beautifully maintained + thoughtfully upgraded + with excellent layout. Represented the Seller

$810,000 – Richmond - In mint condition, inner-city detached infill with excellent curb appeal + sunny south-facing backyard. Represented the Seller

$ 747,250 – Glamorgan - Updated bungalow residence in the heart of desirable Glamorgan + in mind condition. Represented the Seller

$729,900 – Varsity – Top floor unit in The Groves of Varsity, with excellent layout + convenient lifestyle. Represented the Buyer

$690,700 – Sunnyside - Stunning street-facing roomy townhouse in the highly desirable area. Represented the Seller

$ 675,000 – Shawnessy - Lovely updated family home nestled on a quiet street. Represented the Seller + Buyer

$ 625,000 – Mission - Located in the popular The Riverstone- beautifully renovated + spacious one level apartment. Represented the Seller

$ 625,000 – Lakeview - Spacious Duplex-style home in perfect condition. Represented the Buyer

$ 535,000 – Coach Hill - Located in a popular 18+ complex, with loads of space, great layout + views. Represented the Seller

$ 525,000 – Walden - Well maintained, fully finished four-bedroom, three-and-a-half- bathroom home. Represented the Seller

$ 342,500 – Mission – 1 bed, 1 bath unit with a mazing floor plan, covered balcony, titled underground parking, in-suite laundry. Represented the Buyer

$ 285,000 – Lower Mount Royal - Located in an unbeatable inner-city location, bright + spacious end-unit with city views. Represented the Buyer

If you are interested in selling, we would like to speak with you ASAP.

We are actively searching for our motivated buyers looking for:

• Bungalows, all price ranges, citywide

• Inner city SW + NW character homes for first-time buyers $650,000–2,300,000

• Luxury homes in the inner southwest, in prices ranging from 2 million to 8 million

• Luxury one-level condos

The demand is strong in the market for every price category + it is important that your investment is priced accurately to achieve the best possible result.

We look forward to hearing from you.