Calgary Home Prices Increase in 2013

The year-over-year increase in Calgary home prices for December topped the rest of the nation, according to the latest Teranet-National Bank National Composite House Price Index.

The data revealed a 6.5% increase in annual Calgary price home sales, compared to the national composite of 3.8%, as Canada returns to a record high level.

Calgary Home Prices Increase in December 2013The index is derived by taking track of registered or observed home prices over a period of time using data from public land registries. All homes sold at least twice are included in the calculation.

The year-over-year increases in cities covered by the indices are as follows: Vancouver, 5.5%; Toronto, 4.9%; Hamilton, 3.7%; Edmonton, 3.6%; Winnipeg, 3.4%; Quebec City, 1.5%;…

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Wentworth Glen Calgary

Nestled in the upscale Wentworth community, Wentworth Glen is a highly desirable neighborhood. It was developed by one of Calgary's best home builders, Dundee Developments. Communities developed by Dundee Developments provide park features, attractive entrances and retained tree coverage.

Wentworth GlenWentworth Glen features fabulous higher density Calgary housing and caters to family life. This stunning piece of Calgary real estate is surrounded by beautiful rundle-stone walls amid patches of green space. It is the final phase of the estate community of Wentworth, located in the larger West Springs community.

The fabulous homes for sale in Wentworth Glen are conveniently close to Aspen Landing Shopping Centre, West Springs Village, the…

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When dealing with Calgary real estate transactions, appraisal of property plays a significant role. It is the process of valuing real property to arrive at its market value. Calgary Real Estate AppraisalCalgary real estate appraisal is essential because real estate transactions are not as frequent as those other transactions like corporate stock trading. Each real property is different from another. And every property located differently has a different valuation. These factors make it necessary to avail of expert valuation in a Calgary real estate transaction due to its rarity and stringent product differentiation.

The Calgary real estate appraiser is the expert who prepares a written report on the property valuation for his client. These reports are useful for mortgage loans,…

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Located in the exclusive community of Aspen Woods, Aspen Rose Estates is an upscale neighborhood exclusively developed by Elegant Homes Ltd. This desirable piece of Calgary real estate offers beautiful views of the mountains and ravine, amid green space and breathtaking landscaped yards.

Aspen-Rose-EstatesAspen Rose Estates was proudly launched by Elegant Homes Ltd. - one of the best home builders in Calgary. Like in any development of Elegant Homes, the beautiful luxury homes for sale in Aspen Rose Estates would feature workmanship of the highest standard, innovative design and quality materials. Opened in Fall of 2013, Aspen Rose Estates offers new houses for sale with distinction – homes that may be valued throughout the lifetime of discerning homebuyers.


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The conveniences in Calgary penthouse living increasingly attract today’s Calgary real estate buyers who want private convenient residences amid a busy city. A penthouse, defined as an apartment lodged at one of the highest levels of an apartment building, originated in New York City during the 1920s. The concept is an offshoot of the high demand for living space in urban areas, leading to luxury apartments built at the highest level of a building.

Calgary PenthouseA Calgary penthouse is characterized by luxurious amenities including impressive flooring, fine finishing, high-end appliances and fireplace. Most of the Calgary penthouses have large windows, den/office space, expansive living space, multiple owner suites, desired terraces and excellent…

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Selling a Calgary home entails a lot of creativity and strategy in order for the seller to receive top dollar. A top Calgary realtor reveals 9 tips for selling a Calgary home.

Tip #1: Price your home right

9 Tips for Selling a Calgary HomeDetermine the value of your Calgary home, using several sources. Your Calgary assessment value is a good start. Depending on market conditions, current selling prices can be consistently higher, at or lower then the assessed value. A Calgary realtor will give you a very accurate price. Some sellers will have a higher-than-current-market price that they want to achieve. If the listing sits unsold on the market after 60 to 90 days with very few or no showings, then the property is overpriced. Today"s Calgary real estate market is more balanced and…

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Calgary Housing Prices Rise in 2013

The Calgary housing market performed strongly in 2013, with its momentum gradually transcending into the new year.

According to data released by the Calgary Real Estate Board (CREB®), the median and average sale prices of Calgary homes reached all-time high records in the recent year-end. This confirms that Calgary housing market is up in 2013.

Calgary Housing Market - up in 2013The year-over-year sales volume in December was 8% higher compared to the same period in 2012. Overall, the 2013 Calgary home market saw an 11% growth volume for the entire year. Calgary residential sales reached 1,172 units in December, resulting to a total of 23,489 sold units in 2013. Home prices for 2013 also increased 8.6% from 2012.

CREB® chief economist, Ann…

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The affluent community of Aspen Woods tops all other Calgary neighborhoods in terms of percentage growth in retail home prices over the past decade.

Aspen Woods home prices exhibited the highest growth in Calgary, beating close competitors like Victoria Park, West Springs, Upper Scarboro and Cougar Ridge, according to the Calgary Real Estate Board (CREB®).

Aspen Woods Home PricesCREB® reported that Aspen Woods benchmark price was $903,400 in December, an increase of 176.52% over the last decade. Benchmark price is the average or typical MLS home sale price. For all Calgary residential properties listed with CREB®, the benchmark price was $416,900, up 105.97% over the past decade.

Corinne Poffenroth, a realtor at Sotheby’s International Realty Canada, said buyers value…

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Aspen Ridge Green is a new development in the upscale community of Aspen Woods. Rapidly becoming Calgary suburbs, real estate in Aspen Woods is mainly comprised of new upscale properties.

Aspen Ridge GreenThe exclusive community of Aspen Woods offers beautiful views of the mountains, ravine and natural patch of green. Exceptional luxury homes in this idyllic piece of Calgary real estate, feature majestic great rooms with cathedral ceilings, elegant front veranda and gorgeous gourmet kitchen with top-of-the-line appliances. Aspen homes for sale feature an open plan concept, expansive master suites with lavish spa/retreat, good-sized bedrooms and loads of storage space.

Most Aspen homes for sale are located in serene settings, close to great…

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The exclusive community of Aspen Park, located at 85 St SW & 12 Ave SW in Calgary AB, is a new housing project developed by Cove Properties Ltd. This upscale community is scheduled for completion this year.

Aspen ParkLocated at the core of the larger Aspen Woods, Aspen Park is one of the last pockets of residential land left in the community. It has superb location close to 85th Street and Bow Trail. It can be accessed by coming from the south and around – an exclusive enclave with no drive-through traffic.

Executive single-family homes in Aspen Park are exclusively built by one of the best home builders, Coco Homes. The standard features of homes for sale in Aspen Park include: granite, exquisite hardwood, designer kitchens, master-crafted detailing and…

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