Richard & Liz Bergeron

Calgary’s Real Estate Specialists

Richard's Cell: 403-819-2331 | Liz's Cell: 403-875-8470

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New property listed in Eau Claire, Calgary

I have just listed a new property at 602 200 LA CAILLE PL SW in Calgary.
*Seller will Pay ONE YEAR of condo fees!* Start living your condo lifestyle today in this finely detailed, beautifully renovated & updated suite at Chateau La Caille. This bright & sunny, 1 bdrm + spacious den suite is sure to please. Gracious floor plan offers ample living space w/a spacious dining area, living rm w/gas f/p, sunny den/home office, eat in kitchen, balcony w/ BBQ gas line, master bdrm w/5 pc ensuite, insuite laundry/storage. Updates incl. gleaming new walnut floors, chef’s kitchen w/Bosch stainless steel appliances, extra built-in cabinets & updated granite countertops. Renovated 5 pc ensuite w/large soaker tub, dual sinks, oversized shower w/porcelain tiles, dual shower heads & 10ml glass. Titled parking & large storage locker incl. Chateau La Caille offers 1st class concierge service, full A/C, & is located in a private quiet cul-de-sac facing the park & pathways, overlooking Bow River, steps to Prince's Island Park, Peace Bridge, downtown core, restaurants, shops & entertainment venues.
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New property listed in Garrison Woods, Calgary

I have just listed a new property at 230 SOMME AV SW in Calgary.
Welcome to the Versaille townhouse in GARRISON WOODS you have been waiting for! This one checks all the boxes! 2 story (less stairs!), CORNER suite w/lots of windows, Total of 2485 SF (2012 SF up + 472 SF down), double Attached OVERSIZED garage 25’2”x20’3” & private rear patio. Features include hardwood floors & soaring 10ft ceilings throughout main floor, gas f/p & built-ins in the spacious living rm, gourmet kitchen with centre island, stainless steel appl’s with gas range, built-in ovens & granite counters, dining area with access to the west facing private patio. Upper floor with HUGE family room w/gas f/p, built-ins & window seat, master retreat with ensuite bath & HIS/HER walk in closets, second bdrm w/cheater ensuite & upper level laundry. Lower level is fully finished w/huge rec rm & 3 pc bath & high ceilings. You’ll love all the Garrison Woods/Marda Loop area has to offer: area parks, walking paths, great selection of schools, shops, restaurants and services to discover just outside your door.
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Open House. Open House on Saturday, July 27, 2019 2:00PM - 4:00PM
Please visit our Open House at 230 SOMME AV SW in Calgary.
Open House on Saturday, July 27, 2019 2:00PM - 4:00PM
Welcome to the Versaille townhouse in GARRISON WOODS you have been waiting for! This one checks all the boxes! 2 story (less stairs!), CORNER suite w/lots of windows, Total of 2485 SF (2012 SF up + 472 SF down), double Attached OVERSIZED garage 25’2”x20’3” & private rear patio. Features include hardwood floors & soaring 10ft ceilings throughout main floor, gas f/p & built-ins in the spacious living rm, gourmet kitchen with centre island, stainless steel appl’s with gas range, built-in ovens & granite counters, dining area with access to the west facing private patio. Upper floor with HUGE family room w/gas f/p, built-ins & window seat, master retreat with ensuite bath & HIS/HER walk in closets, second bdrm w/cheater ensuite & upper level laundry. Lower level is fully finished w/huge rec rm & 3 pc bath & high ceilings. You’ll love all the Garrison Woods/Marda Loop area has to offer: area parks, walking paths, great selection of schools, shops, restaurants and services to discover just outside your door.
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New property listed in Okotoks, Okotoks

I have just listed a new property at 125 DRAKE LANDING VW in Okotoks.
Backing SOUTH onto the RIDGE and green space with MOUNTAIN VIEWS in Drake Landing, this beautiful 2 storey family friendly home with oversized double attached garage awaits! Built by Lifestyle Homes, features incl. 3 good sized bedrooms up (master features a 5 pc ensuite), second full bath plus a bonus room at the back with VIEWS overlooking the valley, Sheep River and the Mountains. Main floor offers a front den, large kitchen with granite counters, stainless steel appliances, centre island overlooking the great room with gas fireplace, dining area, all framed by large south exposure windows to capture and take in the natural setting. The south back yard is pie shaped and features a huge 600 SF deck with Trex deck boards and glass railing for spectacular entertaining and relaxing! Unspoiled bsmt awaits your design choices. The garage is an oversized double measuring 23 ½’ by 21 ½’! Private cul-de-sac destination address for the owner who values location and quality. Call to view this home today!
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Moving from Listed to Sold at 403 605 14 AV SW in Calgary

I have just sold a property at 403 605 14 AV SW in Calgary.
Professionally and completely renovated condominium in The Avenue! Enjoy this one of a kind space with loads of natural light and fabulous Down Town views! Large master bedroom easily fits a king sized bed! Designer kitchen with stainless steel appliances, Kohler fixtures, Carrara Marble countertops, cool Cast Iron sink and an oversized island perfect for entertaining. There are plenty of closets for storage, and the spa like bathroom is perfectly finished for your enjoyment! All engineered “Kahrs” wood floors installed on levelled concrete. This pet friendly building has a Walk Score of 97 and is ideally located steps to restaurants and shops on 17th Avenue and you can walk to work DT in about 10 minutes!
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Moving from Listed to Sold at 302C 500 EAU CLAIRE AV SW in Calgary

I have just sold a property at 302C 500 EAU CLAIRE AV SW in Calgary.
Beautifully renovated 2 bdrm suite with balcony has all the features you’re looking for! Contemporary & Modern design elements combine to create your perfect inner-city lifestyle suite. Updates incl. wide-plank hardwood floors throughout, lovely wood-burning (w/gas assist) f/p in living rm w/custom mantle & hearth, designer light fixtures (LED) & custom draperies throughout. Open floor plan is lovely, offering excellent daylight through large windows. Huge executive kitchen w/centre island, granite countertops, walnut slab breakfast bar, chef-worthy kitchen appliances & many thoughtful storage additions. Luxurious spa-like master ensuite bath w/granite counters & stylish soaker tub, 2nd full bath w/large shower. Building offers 24 hr security/concierge, fitness facility, indoor pool, carwash + many more features. Superb location beside Bow River & pathways, Prince’s Island Park, steps to +15 indoor walkway network. Nature & convenience are yours to discover in one package! The lifestyle, security and amenities offered at Eau Claire Estates are truly second to none. The building offers residents 12 on-site amenities, more than any other comparable condo building in the city. It’s fees, at only $0.78/SF, are among the lowest for a building of this caliber, prestige in Calgary (taking into account suite electricity cost, basic cable and 24/7/365 concierge/security team, which are all included in fees at Eau Claire Estates). What you can’t put a price on? One of the best locations in Eau Claire, perhaps the city – see for yourself, book your viewing today!
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Oversupply is slowing, but a buyers' market remains

City of Calgary, July 2, 2019 – New listings coming onto the market continued to decline in June, which is helping to reduce the oversupply of homes in Calgary.

Year-over-year, new listings saw a decrease of nearly 19 per cent. Sales activity slowed this month compared to last year by six per cent, but the pullback in new listings was enough to cause inventories to fall by 13 per cent compared to last year’s elevated levels.

“So far, the housing market has generally behaved as expected this year. Sales activity remains just below last year’s levels, prices have eased and supply is starting to adjust to the lower level of sales,” said CREB® chief economist Ann-Marie Lurie.

“However, it is mostly product priced under $500,000 that is trending towards more balanced conditions.”

While the market still favours the buyer – with 4.3 months of supply – the amount of oversupply has eased and is slowing the decline in prices. As of June, the benchmark price in the city was $425,700, nearly four per cent below last year’s levels and comparable to unadjusted prices recorded last month.

HOUSING MARKET FACTS

Detached

  • Detached sales in June declined by nine per cent compared to last year, causing year-to-date sales to ease by nearly three per cent. The decline in sales was mostly driven by homes priced above $500,000.
  • Detached homes priced under $500,000 have recorded improvements in sales and oversupply reductions. The tightening in the lower end of the market will likely start to support price growth in this sector of the market.
  • Despite city wide year-to-date sales declines, activity improved in both the South and North West districts of the city. Sales did ease across other districts, but in some of the most affordable districts (North East and East) supply-to-demand ratios are improving compared to last year. This is pushing those markets toward more balanced conditions.
  • Despite slower sales activity, the amount of inventory declined by nearly 18 per cent. The reduction in inventories occurred throughout all districts.
  • Prices have remained relatively stable over the past few months, with some modest monthly improvements. However, the oversupply scenario has left prices nearly four per cent below last year’s levels.

Apartment

  • Apartment condominium sales eased in June, causing year-to-date sales to total 1,292 units. This is over seven per cent below last year’s levels. Over the same time frame, new listings eased by over 15 per cent, helping reduce some of the resale inventory in the market.
  • Resale inventory levels have declined, but the months of supply continue to remain elevated at 6.8 months. Combined with elevated inventories in the competing rental and new-home markets, this continues to weigh on resale pricing.
  • June’s benchmark price was $250,200, three per cent below last year’s levels. This is resulting in a total price adjustment of over 17 per cent since 2014.

Attached

  • Unlike other property types, sales activity for attached product continued to improve in June. Year-to-date sales total 1,955 units, nearly three per cent above last year’s levels. Improvements were driven mostly by growth in demand for semi-detached product. Attached sales improved across all districts except the North West and West.
  • New listings have eased compared to last year, which is starting to reduce oversupply in the market. Like all other sectors, the attached market remains oversupplied and this is impacting prices.
  • June’s benchmark prices were $399,700 for semi-detached and $286,300 for row product. Respectively, this represents year-over-year declines of 3.3 and 5.4 per cent.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.