CANMORE / BANFF REAL ESTATE TEAM NEWSGRAM
DECEMBER 2019 / JANUARY 2020
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We Work Hard to Keep You Informed:
Notes from Your Team ~ Jordy & Jim
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2019 Looks to Challenge for the H
ighest Number of Sales Ever!
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As we move through December, we love the festive look of our mountain communities. Great days on the ski hills, cross country skiing and getting out skating on the local ponds. The Bow Valley is beautiful this time of year for locals and tourists alike.
Our market is continuing to be quite strong with some market segments seeing quick activity on new listings and others slowing down to more of a balanced market.
Our listing inventory has been quite consistent through the year and looks to stay that way moving into the new year. As we get close to our wrap up of 2019 we are seeing the highest sales volume to date. We will be providing an in-depth look into the year over year statistics in February.
We want to thank everyone who helped out and donated to our 28th annual Royal LePage Food Bank drive earlier this month. It was another great success with over $3600 and 7000 pounds of food collected. If you still wish to donate, please let us know.
Have a fantastic holiday season and thank you for all you support!
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1712 11
th
Ave
One of the few houses in Canmore that is "net-zero" for energy and almost 360 degrees of beautiful mountain views!
6 Bedrooms, 3 Bathrooms
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57 Lakeshore Drive, Kananaskis
Luxury Chalet - Mountain & Lake Views!
5 Bedrooms, 3.5 Bathrooms
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323 - 107 Montane Road
Top floor, 2 level living with vaulted ceilings in living room & bedroom.
1 Bedrooms, 2 Bathrooms
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322 - 170 Kananaskis Way
SOLD
Enjoy Three Sisters views from the large covered deck!
2 Bedrooms, 2 Bathrooms
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433 - 160 Kananaskis Way
SOLD
Lovely Condo in Immaculate Condition
2 Bedrooms, 2 Bathrooms
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218 - 170 Kananaskis Way
SOLD
Luxurious & Close to Town Amenities
1 Bedroom, 1 Bathroom
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218 - 187 Kananaskis Way
SOLD
Rare 1,300 sqft condo at Solara Resort
3 Bedrooms, 2 bathrooms
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300 - 160 Kananaskis Way
SOLD
Beautifully Renovated Corner Condo
2 Bedrooms, 2 Bathrooms
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204 - 707 Spring Creek Drive
SOLD
Creekstone Mountain Lodge Condo!
2 Bedrooms, 2 Bathrooms
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6D Otter Lane, Banff
SOLD
Plenty of Sun & Privacy!
3 Bedrooms, 2 Bathrooms
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315 - 106 Stewart Creek Landing
SOLD
Perfect Mountain Condo Close to Trails
2 Bedrooms, 2 Bathrooms
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REAL ESTATE STATISTICS - A LOOK BACK OVER THE LAST DECADE
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NEW REPORT DETAILS SIGNIFICANT PRICE GROWTH IN KEY RECREATIONAL PROPERTY MARKETS
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Royal LePage’s Winter Recreational Property Report, released on November 28, discovered widespread disparity in the year-over-year price variation experienced by Canada’s most popular winter recreational property markets.
In comparing median price growth between October 1 and September 30 in 2018 and 2019, the report found that the most consistent price growth occurred in the eastern half of Canada, with properties in Ontario and Quebec generally outperforming their western counterparts.
Unsurprisingly, expensive properties in Whistler, British Columbia, and Canmore, Alberta, suffered at the hands of each province’s decreased demand for high-ticket homes. The median price of single-family homes in Whistler dropped 13.8 percent in a year; those in Canmore lost only 2 percent of their value. Property values in Kimberley, B.C., decreased by 16.8 per cent.
It wasn’t, however, all bad news in B.C. Detached properties in Invermere saw their prices increase 10.4%, while those of condo properties in all three B.C. destinations increased by a minimum of five percent.
Prices for single-family homes in Collingwood and Blue Mountain, Ontario’s two winter hotspots, grew by 8.3 and 4.0 percent, respectively. Detached properties in Collingwood, where the median price is $525,000, remain far less expensive than those in Blue Mountain, which has a median price of $780,000, but condos are, on average, about $15,000 cheaper in Blue Mountain.
Rick Crouch of Royal LePage Locations North predicts sales in the region will be brisk this winter, as the early snowfall experienced by Blue Mountain and nearby Horseshoe inspire more people to buy.
Of the dozen communities studied in Quebec, six experienced positive price growth in the single-family segment of the market. Of those that did not, only small communities such as Sutton and Cantley saw prices decrease by more than 2.2 percent.
Some of the biggest gains were witnessed in Mont-Tremblant, where median prices increased by as much as 37.3 percent for detached properties and 37.8 percent for condos.
“Inventory is very low in Mont-Tremblant. When a new property enters the market, buyers line up and offers flood in,” said Paul Dalbec, manager at Mont-Tremblant Real Estate, in a comment included in the report.
Home values shot up by 12.5 percent in both Orford (east of Montreal) and Stoneham-et-Tewkesbury (north of Quebec City), as well, with condo prices in the latter rising by an impressive 18.8 percent.
To read the full report
visit:
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8 CLUTTER-BUSTING GARAGE STORAGE SOLUTIONS
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Our garages play a very important role in our everyday living. Of course, they protect our vehicles from the elements. But more often than not, they also become dumping grounds for tools, cleaning products and seasonal gear. These tips can help you make the most out of this often overcrowded and underused space. Built-ins, pegboards, slat walls and other smart storage solutions can help you eliminate clutter and keep your garage tidy.
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1.
Shoe storage.
The garage door is the main entrance in many homes. If shoes aren’t allowed in your house, this is a great way to stop the pileup of shoes outside your main door. A
shoe organizer
— whether built in or store bought — can instantly clear the floor.
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2.
A multipurpose bench.
An extra-long bench next to a garage door keeps outdoor gear tidy. Hooks, cubbies and a cozy seat make it easy for kids to remember to take off their coats, caps and gloves before coming inside the house.
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3. A loft.
High ceilings can make up for limited floor space in smaller garages. Consider a loft for storage, as in this garage. This loft almost acts like an attic, with a low-clearance ceiling height and
retractable ladder
. The railing ventilates the space and cut down on building costs.
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4. Overhead storage.
If you’re not ready to invest the time and money it takes to build a loft in your garage,
overhead storage units
are a great compromise. Suspended shelving just above the garage doors provides out-of-the-way storage space without the messy remodel. Use these shelves to store items you rarely need to access — like holiday decorations.
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5. A slat wall.
Retail stores often use these walls to keep things off the floor but within reach. Different hooks and shelves fit into the horizontal slats, making for a customized storage center with minimal effort. The right hook can hold anything from skis to toys to lawn chairs.
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6.
Commercial cabinetry.
You don’t need to build in storage to stay organized. Cabinets, drawers and shelves from your local organization or home goods store can help you clear clutter without the extra cost. Look for storage that stands on legs to avoid potential water issues.
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7. Pegboards.
There’s a reason the pegboard hasn’t gone out of style — it’s simple, affordable and incredibly effective. With the right pegs to fit into the holes, a pegboard can hold just about any tool or material for your garage workspace.
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8. Built-in cabinetry.
Built-in cabinetry is a budget buster, but it's worth it if you have the funds. The wall-to-wall and floor-to-ceiling cabinetry in this garage make it easy to keep everything tidy. It's the most expensive but most beautiful way to keep a garage organized.
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WHAT'S HAPPENING IN CANMORE
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ROTARY CLUB OF CANMORE PRESENTS FESTIVAL OF TRESS
"Get your glitter on! Join us at the Festival, and however you participate, know that you are also supporting our communities." - Rotary Club of Canmore
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New Year in Canmore!
New Year’s Eve Party on the Pond and Fireworks at Millennium
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Join us and celebrate New Year’s Eve, Canmore style! Party on the Pond is a great way to ring in the New Year with friends, family and community. Enjoy festivities at the pond including live music, brilliant pyrotechnics show, bonfires, skating, hot chocolate and delicious offerings by local food vendors. Capping off the evening will be midnight fireworks at Millennium Park.
2019 Schedule of Events
5:30 p.m. - Party on the Pond festivities begin
7:40 p.m. - Elk Run & Riot set #1
8:00 p.m. - Pyrotechnics show at the pond
8:10 p.m. - Elk Run & Riot set #2
9:30 p.m. - Party on the Pond festivities wrap up
Midnight - Fireworks at Millennium Park
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Here’s a scenario that likely happens to you every once in a while. You’re at work, at a house party, or just walking through the neighborhood when someone asks, “Do you happen to know a good…?” You can fill the blanks. A good Dentist; A good Landscaper; A good Accountant.
How do you respond?
You probably want to help, so you provide the names of one or two professionals in that industry that you know or with whom you have worked. You understand how difficult it can be to find a solid, reputable professional, so you’re happy to give the gift of a referral.
Why are we bringing this up?
Well, the next time you’re asked to recommend a good Real Estate Agent, we hope you’ll feel comfortable giving that person our names. As you may know, we build our business on referrals from Clients like you. That’s why taking care of our valued Clients ~ before, during and after the transaction ~ is so important to us.
So if you get a chance to do someone a favour and give them our names, you’ll have our appreciation ~ and our thanks!
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Jordy Shepherd & Jim Mamalis,
Associates
Lana Nashchuk,
Assistant
403.493.4663
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