Calgary’s spring market is infamous for launching with snow! Despite the cooler temps, the residential market continues to show strength, particularly in the luxury market. Overall, total sales are down by 5% year over year; not surprising given the extreme migration that took place in Alberta last year. That said, the different product types and buying categories are currently experiencing different outcomes.
Luxury real estate over $2 million has been the standout. Stock market appreciation and a global demand for Alberta’s natural resources have fueled this category. On the other end of the spectrum, the high rise condominium market continues to soften, largely due to the vast construction of new condominiums being built citywide. Buyers who have been considering a more ‘lock & leave’ lifestyle should consider taking a look now as the buying opportunities are favourable.
The inner core under $1 million, particularly in the areas of Marda Loop and Altadore are in high demand. First time buyers, young families and empty nesters are loving the lifestyle and walkability that these communities provide. Infills, single family homes, low rise condominiums and townhomes continue to sell well in these locations. The listing inventory across all categories continues to remain low. We are actively looking to increase listings as we have buyers currently searching for first home purchases, family homes, luxury properties, condos and land throughout the city. There is huge demand for bungalows which are currently in scarce supply.
If you are considering selling, we would like to meet with you as soon as possible, as this is the best time of year to bring your property to the marketplace. If you are in the market to buy, let’s set up a buyer’s interview to ensure you do not miss out while inventory remains tight. We always welcome your calls and emails are happy to address any questions you may have about Calgary’s dynamic real estate market. If you know someone who is in the market to buy or sell please feel welcome to share our market report and contact information, we always appreciate your referrals.
Happy Spring!
ROONEY CRONIN + VALENTINE ACTIVE LISTINGS
LIST PRICE
$ 3,250,000 – Elbow Park - One of a kind two story executive family home in prime East Elbow Park location offering over 4000 square feet above grade, a total of 5 bedrooms.
$1,799,900 – Edgemont - Fabulous executive walk out two story home backing the Ridge with expansive unobstructed mountain, valley + city views.
$1,150,00 - Parkdale - Stunning detached quality built contemporary home with an excellent layout + design features.
$ 1,099,000 – Killarney - Tucked away on a quiet street in the heart of Killarney, this lovely semi-detached home offers over 2400 sq ft of beautifully maintained living space above grade + a fully developed lower level.
$ 1,060,000 – Parkland - Beautifully remodeled + re-designed bungalow completed this year in a pristine crescent in Parkland steps from Fish Creek Ridge. SOLD Represented the Seller.
$ 999,900 – Scarboro - Fantastic Scarboro location, across from highly ranked Sonata school. This is an ideal lot for a new build + is being sold "as is where is”. SOLD Represented the Seller.
$ 749,900 – Mission - Ready for quick occupancy, this beautifully renovated residence in The Riverstone offers a sophisticated, open concept layout with clean design + excellent Functionality.
$ 529,900 – Coach Hill - Located in a popular 18+ complex, this spacious one-level 3 bedroom apartment offers an excellent layout, + a highly convenient location with easy access to major routes + everyday amenities. SOLD Represented the Seller.
$ 299,900 – Rideau Park – Stylishly renovated one bedroom apartment in popular Rideau Towers.
Visit our website for photos + details of these exceptional properties: https://rooneycroninvalentine.com/
ROONEY CRONIN + VALENTINE JUST SOLDS
$ 5,500,000 – Upper Mount Royal - Georgian architecture meets uncompromising five-star luxury in this masterfully custom-built Mission residence (2013), offering nearly 7,000 sq. ft. of impeccably curated living with six bedrooms + seven baths. Represented the Seller - Bidding war.
$ 5,350,000 – Upper Mount Royal - Phenomenal luxury Mount Royal home with over 7,600 sq
ft of meticulously designed living space on a gorgeous huge lot. Represented the Seller.
$ 2,650,000 – Rocky View - Perched on one of the most picturesque view lots in the area, this remarkable 5,497 total sq ft walkout bungalow home offers a rare opportunity to enjoy country
privacy. Represented the Buyer - Bidding war.
$ 1,898,000 – Springbank Hill - This estate home sits on a quiet cul de sac, on an 11,600 sq ft pie-shaped lot, backing a ravine and nature trail. C/S Represented the Buyer.
$ 1,850,000 – South Calgary - Elegant residence offers a sunny south-facing backyard + impressive city views. Substantial in size with 3,400 sq ft above grade + a fully developed walk- up lower level. Represented the Seller.
$ 1,800,000 – Mayfair - This beautifully appointed two-story home offers over 4,700 sq. ft. of living space, located on a generous 74’ x 120’ lot. Represented the Buyer - Bidding war.
$ 1,695,000 – Lake Bonavista - Beautifully renovated 4+ 1 two story family home with excellent layout. Represented the Seller.
$ 1,550,000 – West Springs - Exceptional family home backs onto the serene West Grove Tree Preserve. With an oversized 6,300 sq ft west-facing yard. Represented the Buyer - Bidding war.
$1,449,000.00 – Elbow Park - Charming, beautiful move in ready 2 story, 4-bedroom home boasting 2946 sq. ft. of living space. Represented the Buyer - Bidding war.
$ 1,060,000 – Parkland - Beautifully remodeled + re-designed bungalow completed this year in a pristine crescent in Parkland steps from Fish Creek Ridge. C/S Represented the Seller.
$ 999,900 – Altadore - Stunning 4-bedroom, 4-bathroom home in the heart of sought- after Altadore! Represented the Buyer - Bidding war.
$ 999,900 – Scarboro - Fantastic Scarboro location, across from highly ranked Sonata school. This is an ideal lot for a new build + is being sold "as is where is”. SOLD Represented the Seller.
$ 859,999 – Seton - This 2-storey home with a finished basement, on a rare pie lot with a massive, immaculate, stunning, high-end professionally landscaped backyard. Represented the Buyer.
$ 850,000 – McKenzie Lake - In-demand + absolutely pristine detached bungalow with lake privileges! This beautifully maintained home radiates pride of ownership + offers 3 spacious bedrooms on the main level. Represented the Seller - Bidding war.
$ 785,000 – Altadore - Beautifully designed three storey end unit townhome offering nearly
2,200 sq ft of refined living space. Represented the Buyer.
$ 529,900 – Coach Hill - Located in a popular 18+ complex, this spacious one-level 3 bedroom apartment offers an excellent layout, + a highly convenient location with easy access to major routes + everyday amenities. SOLD Represented the Seller.
$ 509,000 – Tuxedo Park - Beautiful one-and-a-half story home tucked into the heart of Tuxedo. Represented the Buyer. - Bidding war.
$ 349,900 – Rideau Park - Bright + spacious two-bedroom apartment offers a comfortable lifestyle in a beautiful, park-like setting. Represented the Seller - bidding war.
$245,000k - Mission - Stylish one bedroom condo with fabulous walkability in the desirable area of mission. 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, city-wide
Inner city SW + NW character homes for first-time buyers $700,000 –$ 1,500,000
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.
Donna Rooney, Gary Cronin, Sue Anne Valentine, Liam Cronin + Bridget Cronin
