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Thread: Calgary real estate prospects

  1. #1441
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    Quote Originally Posted by Twin_Cam_Turbo View Post
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    This place near me seems like total crack pricing. It was C/S but is back up again, wonder what it was C/S for and why it fell through.

    https://www.realtor.ca/real-estate/2...th-haven-upper
    I came to post this exact house... this realtor is on crack. This house sat as an unoccupied dump for so long, then they slapped some cheap ass renos on it over the last few months.

    It doesn't have a great lot, is right on a main street, can hear noise from 14th.... I wouldnt pay 500 for this thing... and no one is paying 800

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    I really like that neighborhood, but no comment on that particular house. I think there are a few primo locations along that Egerts Park. Maybe the Thorncliffe side is better. Probably depends a lot on the individual lot/house
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  3. #1443
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    Quote Originally Posted by Tik-Tok View Post
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    Skyview is really hawt for people not from Alberta. Apparently the internet doesn't exist in Ontario, and they have no clue it's the worst hail location in Calgary.
    But it's right next to the airport like Sauga right?

  4. #1444
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    Quote Originally Posted by ExtraSlow View Post
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    I really like that neighborhood, but no comment on that particular house. I think there are a few primo locations along that Egerts Park. Maybe the Thorncliffe side is better. Probably depends a lot on the individual lot/house
    There’s a pretty spicy house with two detached garages along Egerts. I am a couple minute walk from the North end of the park, it’s nice.

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    Quote Originally Posted by Twin_Cam_Turbo View Post
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    This place near me seems like total crack pricing. It was C/S but is back up again, wonder what it was C/S for and why it fell through.

    https://www.realtor.ca/real-estate/2...th-haven-upper
    Who removed the garage?!
    Frame on the shower glass like we're all poor?

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    Quote Originally Posted by ExtraSlow View Post
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    I really like that neighborhood,
    It's a very up...scale neighborhood.
    Quote Originally Posted by DonJuan View Post
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    Came back to ogle 2Legit2Quit wife's buns...
    Quote Originally Posted by Kloubek View Post
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    They're certainly big, but I don't know if they are the BEST I've tasted.

  7. #1447
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    Quote Originally Posted by mr2mike View Post
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    Who removed the garage?!
    Frame on the shower glass like we're all poor?
    Never there.

  8. #1448
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    I wonder what the encroachment is on that.
    Anyone quick to assess based on images?

  9. #1449
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    Still keeping an eye out in my area and the place i sold and its looking like things are sitting now, prices are beyond stupid and inventory is popping up daily.

    Quote Originally Posted by Twin_Cam_Turbo View Post
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    This place near me seems like total crack pricing. It was C/S but is back up again, wonder what it was C/S for and why it fell through.

    https://www.realtor.ca/real-estate/2...th-haven-upper
    It could be a bunch of things on why it fell through but if others are saying its not worth 800 then the banks probably felt the same way with the appraisal. They probably went gung ho with the offer and the banks didnt agree on its worth or it was just built so shitty that the inspector failed the place hard
    Quote Originally Posted by Mitsu3000gt View Post
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    and I did not have the only say in the matter (most people just want it done ASAP and don't care about quality).
    Quote Originally Posted by Mitsu3000gt View Post
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    If anything we made a better decision because we had a consensus and were all on the same page.

  10. #1450
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    Quote Originally Posted by Twin_Cam_Turbo View Post
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    This place near me seems like total crack pricing. It was C/S but is back up again, wonder what it was C/S for and why it fell through.

    https://www.realtor.ca/real-estate/2...th-haven-upper
    Shit realtor didn't know that ALL houses in Calgary sell with NO CONDITIONS right now

  11. #1451
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    Quote Originally Posted by Rocket1k78 View Post
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    Still keeping an eye out in my area and the place i sold and its looking like things are sitting now, prices are beyond stupid and inventory is popping up daily.



    It could be a bunch of things on why it fell through but if others are saying its not worth 800 then the banks probably felt the same way with the appraisal. They probably went gung ho with the offer and the banks didnt agree on its worth or it was just built so shitty that the inspector failed the place hard
    Houses are the new stonks.

  12. #1452
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    Check out the prices on Van Island. Up 30% or more from last year. Better ror than Lego haha.

  13. #1453
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    This is just a blog, but shows Calgary market gaining attention.

    https://torontorealtyblog.com/blog/p...ng-to-calgary/
    My Karma ran over your Dogma

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    Quote Originally Posted by cidley69 View Post
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    This is just a blog, but shows Calgary market gaining attention.

    https://torontorealtyblog.com/blog/p...ng-to-calgary/
    Holy shit there is so much terrible advice in that post

    “Buy $600 sq feet in sky view, great investment! This person bought 2.2 million in condos and townhomes in calgary for 130k down”

    This is how poor people are made
    sig deleted by moderator, because they are useless

  15. #1455
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    Quote Originally Posted by finboy View Post
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    Holy shit there is so much terrible advice in that post

    “Buy $600 sq feet in sky view, great investment! This person bought 2.2 million in condos and townhomes in calgary for 130k down”

    This is how poor people are made
    They're only poor if RE stops being HAWT. I wish I leveraged myself 20x on west coast canadian RE two years ago.

  16. #1456
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    I love that blog post.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  17. #1457
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    Look like the market has slowed lightly over the past few weeks.

    Median and Average price of the past 1-2 weeks is down about 20-30k below the beginning of Feb. Granted that's still a median of 590k which is ridiculous.

    Inventory is rising rapidly. <900 houses available in January up to 1700 in February and 1900 today. Despite starting 2022 with 50% less houses available, we've climbed to be almost even with 2021 figures. Goes to show how elastic Calgary can be in responding to the market demand. Hard to think this hot market will continue longer than ~6 months at this new pace.

    Active detached listings:
    Jan 2021: 1,695 - Jan 2022: 895
    Mar 2021: 1,989 - Mar 2022: 1,896

  18. #1458
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    Quote Originally Posted by pheoxs View Post
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    Look like the market has slowed lightly over the past few weeks.

    Median and Average price of the past 1-2 weeks is down about 20-30k below the beginning of Feb. Granted that's still a median of 590k which is ridiculous.

    Inventory is rising rapidly. <900 houses available in January up to 1700 in February and 1900 today. Despite starting 2022 with 50% less houses available, we've climbed to be almost even with 2021 figures. Goes to show how elastic Calgary can be in responding to the market demand. Hard to think this hot market will continue longer than ~6 months at this new pace.

    Active detached listings:
    Jan 2021: 1,695 - Jan 2022: 895
    Mar 2021: 1,989 - Mar 2022: 1,896
    May be the little smoke show in east Europe has dampen the enthusiasms a bit.

  19. #1459
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    I think the Ontario migration is greatly overstated.

  20. #1460
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    Quote Originally Posted by suntan View Post
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    I think the Ontario migration is greatly overstated.
    Because of weather?

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