Calgary real estate prospects

[finboy]

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I’m guessing it’s that 4 level split in West Hillhurst
Place looks rough.
Lot is only 30’ wide as well, so no developer will touch it.

There have been 12 other homes in that area that have sold over a million in the last 90 days.

That’s the one, 30x182 but you are correct that access is a bitch as it backs onto a hill/nature preserve

[Pacman]

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That’s the one, 30x182 but you are correct that access is a bitch as it backs onto a hill/nature preserve

Is that the house that's 2 doors down from the really nice blue one that is on the corner of 19th street (with no access from 19th)? I really like the blue house...

[finboy]

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Is that the house that's 2 doors down from the really nice blue one that is on the corner of 19th street (with no access from 19th)? I really like the blue house...

The architect that designed the blue one and my house also designed and lived in the one for sale. They are really well thought out, but niche for sure, definitely need an agent who knows the right buyer. I also found the listing on Facebook marketplace, so there is that….

[Pacman]

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The architect that designed the blue one and my house also designed and lived in the one for sale. They are really well thought out, but niche for sure, definitely need an agent who knows the right buyer. I also found the listing on Facebook marketplace, so there is that….

I think that blue one was for sale in the last decade as I seem to recall driving by, seeing the for sale sign but didn't get a chance to go in and have a look.

[msommers]

Pacman what's the address? It might be on HouseSigma

[Pacman]

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Pacman what's the address? It might be on HouseSigma

I think it's 2004 8th ave NW

[finboy]

It sold for $750k in appx 2018, mine was $615k in Nov 2020, 2008 went for $800k in 2021 I believe and 2016 (on the market now) was $750 in 2021 as well.

[89coupe]

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I think it's 2004 8th ave NW

Last time it sold was 2018

[89coupe]

Fucking Gondek



https://calgary.ctvnews.ca/calgary-c...ting-1.6887281

[finboy]

Fuuuuuuu

[max_boost]

So you can build whatever you want wherever you want? Lol

[Tik-Tok]

Sweet. I look forward to the pie lot rental on my street with the 20' frontage turning into a fourplex with only two on-site parking spots. It'll be awesome having random people parking in front of my house 24/7.

I guess I should stop being poor and put a drive-way in to combat that.

[ExtraSlow]

Did they make any interesting amendments?

[killramos]

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Did they make any interesting amendments?

You make it sound like our council listens to anyone.

[ExtraSlow]

The herald mentions amendments.

Council spent much of Tuesday discussing roughly 40 amendments regarding a proposal to revise citywide zoning regulations. Amendments began to be introduced Monday evening, after council had completed a 12-day public hearing that saw a city record of 736 Calgarians speak either in favour or against blanket rezoning.

[ExtraSlow]

On further reading, most amendments were not passed, and those that were are not meaningful.

[89coupe]

My guess is city council was paid off by some deep pocket developers.

[pheoxs]

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My guess is city council was paid off by some deep pocket developers.

You mean the federal government. The entire 228 million the federal government was giving via the housing accelerator fund was contingent on this zoning passing. There was never a doubt R-CG would go through.

[you&me]

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You mean the federal government. The entire 228 million the federal government was giving via the housing accelerator fund was contingent on this zoning passing. There was never a doubt R-CG would go through.

And mostly developers... Anyone that doesn't recognize this as an enormous gift to developers drank too much of the affordability koolaid.

[max_boost]

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And mostly developers... Anyone that doesn't recognize this as an enormous gift to developers drank too much of the affordability koolaid.

Okay but how fast will new builds go up?
Or is everything gonna get fast tracked build build build expedited overnight parts for house wars