Calgary real estate prospects

[89coupe]

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So you're saying it's a good time to buy!

I guess that all depends on where you are buying and what you are buying.

[killramos]

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I guess that all depends on where you are buying and what you are buying.

Does it though?

[max_boost]

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Homes sold in Woodbine over $2M in past year, zero

Homes sold in Aspen over $2M in past year, 9

If you include West Springs & Springbank Hill. 20

west side truly best side
only thing about woodbine i know is ercchry lives there

[you&me]

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This place sold

https://m.prspcts.co/MH7h2LLXvSuXrV8Q9

Crazy money in this city

Attachment 117241

I know it has a (some?) price reduction(s)... was $8 the last listed price, or sale price?

I assumed the listing expired, as the listing realtor didn't announce the sale, which at that price point, is a MASSIVE sale in Calgary. Maybe she's upset that she can't sell her own house

[Gman.45]

8 rocks for a house that is prime, prime location to be underwater in the future again. Nice house though, no doubt.

[msommers]

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i know it has a (some?) price reduction(s)... Was $8 the last listed price, or sale price?

I assumed the listing expired, as the listing realtor didn't announce the sale, which at that price point, is a massive sale in calgary. Maybe she's upset that she can't sell her own house

LP: $8,890,000
SP: $8,000,000
DOM: 165

Estimated $28,000 property taxes lol

[Pacman]

I grew up in Woodbine (on Woodfield Road which was one street over from this pimp mansion) and quite like it there. Getting downtown was a drag but the ring road probably helps.

[ercchry]

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west side truly best side
only thing about woodbine i know is ercchry lives there

Technically, no… neighbouring woodbine, but no one recognizes the separation

[BavarianBeast]

That house with the lower garage is sick as hell. I would buy that for that money if I lived in Calgary lol.

When will be the best time to re-list in Calgary? March?

We had quite a few decent offers on our house and eventually a strong CS in July when we first listed. Buyers did an inspection, found the sewer pipe was warped on our property so we spent the next month still under CS and spent $20k for a new sewer line to appease them. After we completed the work in August they decided to pull out for “health reasons” and buy something else. (How the fuck is that even legal?).. anyways.. Decided to re-list lower than our CS price and didn’t see a whole lot of action so decided to pull the listing around the end of October.

[89coupe]

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That house with the lower garage is sick as hell. I would buy that for that money if I lived in Calgary lol.

When will be the best time to re-list in Calgary? March?

We had quite a few decent offers on our house and eventually a strong CS in July when we first listed. Buyers did an inspection, found the sewer pipe was warped on our property so we spent the next month still under CS and spent $20k for a new sewer line to appease them. After we completed the work in August they decided to pull out for “health reasons” and buy something else. (How the fuck is that even legal?).. anyways.. Decided to re-list lower than our CS price and didn’t see a whole lot of action so decided to pull the listing around the end of October.

I always find March, April, May the best time to list or Sept, October. Spring and Fall.

Summer & Winter are the slowest, at least for me.

[suntan]

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That house with the lower garage is sick as hell. I would buy that for that money if I lived in Calgary lol.

When will be the best time to re-list in Calgary? March?

We had quite a few decent offers on our house and eventually a strong CS in July when we first listed. Buyers did an inspection, found the sewer pipe was warped on our property so we spent the next month still under CS and spent $20k for a new sewer line to appease them. After we completed the work in August they decided to pull out for “health reasons” and buy something else. (How the fuck is that even legal?).. anyways.. Decided to re-list lower than our CS price and didn’t see a whole lot of action so decided to pull the listing around the end of October.

Did you keep their deposit?

[mr2mike]

That's how a deposit works but some how that's been lost on people.

[BavarianBeast]

I asked our realtor at the time to keep the deposit. He refunded it for whatever reason on the Monday before we could talk to a real estate lawyer. We ended up hiring somebody else after having a poor experience with him. Anyways, the joys of selling a home.

[pheoxs]

Realtor is a idiot. They should've had all the conditions waived except for the sewer repair. Backing out for 'health' reasons is not a valid reason to back out of an inspection condition.

[mr2mike]

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This recent article on fintrac doesn't paint much hope.
https://chrisbedwards.medium.com/the...c-72952d5db7b3

BC and Que have come under light so they're working harder than other provinces to prevent these transactions. It's said, AB will now take on the burden of more money being laundered.
I think BC became a hot bed due to the USA changing it's law on financial movement of money.

Seems like I'm not the only one. Maybe I'll buy the book or did I write it?
https://globalnews.ca/news/10182919/...crimes-canada/

[89coupe]

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I asked our realtor at the time to keep the deposit. He refunded it for whatever reason on the Monday before we could talk to a real estate lawyer. We ended up hiring somebody else after having a poor experience with him. Anyways, the joys of selling a home.

If conditions were not waived, you have no case.

If they sent a non-waiver, that’s it, deal is dead.

Deposit would have been automatically returned at that point.

The realtor does not hold the deposit, it’s automatically deposited to a trust account.

[BavarianBeast]

Well, it was conditional on inspection. Which is where they found the sewer problem, which we fixed.

They did the re-inspection after we completed the repairs and nothing significant came up and that’s when they pulled out

Anyways it was a non-waiver/notice whatever that means. Either way, a combination of losers but I’m not crying over spilt milk - just thought I’d share the poor experience. Phil Lepage is the realtors name if anyone wants to avoid him btw.

[dirtsniffer]

That sucks. Good reminder for us plebs to not do any repairs found in an inspection.

- - - Updated - - -

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I grew up in Woodbine (on Woodfield Road which was one street over from this pimp mansion) and quite like it there. Getting downtown was a drag but the ring road probably helps.

Woodfield Road is pretty nice ngl.

[ercchry]

Woodacres dr

[89coupe]

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Well, it was conditional on inspection. Which is where they found the sewer problem, which we fixed.

They did the re-inspection after we completed the repairs and nothing significant came up and that’s when they pulled out

Anyways it was a non-waiver/notice whatever that means. Either way, a combination of losers but I’m not crying over spilt milk - just thought I’d share the poor experience. Phil Lepage is the realtors name if anyone wants to avoid him btw.

How did your Realtor fail you? This was out of his control.

Sellers should always do a home inspection on their own home, small cost to be aware of any issues before listing.