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FIND YOUR NEXT HOME by...

City

Select a City: No Preference Airdrie Black Diamond Bragg Creek Calgary Cochrane Heritage Pointe Okotoks Out of Province Priddis Priddis Greens Rural Foothills M.D. Rural Rocky View MD Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Subdivision

Enter a Subdivision:

Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Quadrant

Select a Quadrant: No Preference NW SW SE NE Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Address

Search Street Address: Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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MLS®

Enter MLS® Number: MLS® Number: MLS® Number: MLS® Number:

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Map

Select a Starting Point: No Preference Abbeydale Acadia Albert Park Altadore_river Park Applewood Arbour Lake Aspen Woods Banff Trail Bankview Bayview Beddington Bel Aire Bowness Braeside_braesde Est Brentwood_calg Briar Hill Bridgeland Bridlewood Britannia Cambrian Heights Canyon Mdws Estates Canyon Meadows Capitol Hill Castleridge Cedarbrae Cfb Lincoln Park Chaparral Charleswood Chinook Park Christie Park Estate Citadel Cliff Bungalow Coach Hill Collingwood Connaught Copperfield Coral Springs Cougar Ridge Country Hills Country Hills Village Coventry Hills Cranston Crescent Heights Crestmont Dalhousie Deer Ridge Deer Run Diamond Cove Discovery Ridge Douglas Rdg_dglsdale Douglasdale Estates Douglasglen Dover Dover Glen Downtown Downtown East Village Downtown West End Eagle Ridge East Mayland Heights Eau Claire Edgemont Elbow Park_glencoe Elboya Erinwoods Erlton Evanston Evergreen Fairview Falconridge Fonda Forest Heights Forest Lawn Glamorgan Glenbrook Glendle_glendle Mdws Greenview Hamptons Harvest Hills Hawkwood Haysboro Hidden Valley Highfield Highland Park Highwood Hillhurst Huntington Hills Inglewood Kelvin Grove Killarney_glengarry Kingsland Lake Bonavista Lakeview Lakeview Village Lincoln Park Lk Bonavista Downs Lk Bonavista Estates Lower Mount Royal Lynnwood_riverglen Macewan Glen Manchester Maple Ridge Marlborough Marlborough Park Martindale Mayfair Mayland Heights Mckenzie Lake Mckenzie Towne Meadowlark Park Midnapore Millrise Mission Monterey Park Montgomery Mount Pleasant Mount Royal New Brighton North Glenmore North Haven Oakridge Oakridge Estates Ogden_lynnwd_millcan Palliser Panorama Hills Parkdale Parkhill_stanley Prk Parkland Penbrooke Pineridge Point Mckay Prominence_patterson Pump Hill Queensland Radisson Heights Ramsay Ranchlands Ranchlands Estates Redcarpet_mountview Renfrew_regal Terrace Richmond Hill Richmond Park_knobhl Rideau Park Riverbend Rocky Ridge Ranch Rosedale Rosemont Rosscarrock Roxboro Royal Oak Rundle Rutland Park Saddleridge Sandstone Scarboro Scenic Acres Shaganappi Shawnee Slps_evergreen Est Shawnessy Signature Parke Signl Hll_sienna Hll Silver Springs Somerset South Calgary Southview Southwood Springbank Hill Spruce Cliff St Andrews Heights Strathcona Park Sunalta Sundance Sunnyside Symons Valley Taradale Temple The Slopes Thorncliffe Tuscany Tuxedo University Heights Upper Scarboro Valley Ridge Varsity Acres Varsity Village Victoria Park Vista Heights West Dover West Hillhurst West Springs Westgate Whitehorn Wildwood Willow Park Willow Park Estates Windsor Park Winston Heights_mountview Woodbine Woodlands Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Calgary Property Assessments: Fact or Fiction?

Calgary Property Assessments: Fact or Fiction?

According to the 2010 Calgary property assessments the city mailed out January 4th, Calgary property values dropped by 13% from the previous year.

Clients often call me this time of year questioning their property assessment. The city's assessment process confuses many property owners, who often believe their Calgary home or condo is worth far more or less than the posted assessed values.

Let's be clear about one thing: city property assessments have no relationship to the current market value of Calgary property. The 2010 annual property assessments reflect the estimated market value of property as of July 1, 2009 and include any physical changes that have occurred up to December 31, 2009. The Calgary market has shifted dramatically over the past 12 months, and the city's assessement estimates from over seven months ago are next to meaningless in the current market.

To illustrate that point I randomly selected 25 sales from the Calgary MLS today *January 5, 2010* representing Single Family Calgary homes and condos in all parts of metro Calgary.

Of the 25 Calgary property sales, 22, or 88% sold for more than assessed value. Sale price variance ranged from 6.3% under assessed value to 40.2% over assessed value (average sale price was 10.6% higher than assessed value).

As always, market dynamics mean prices can change quickly, and your best resource is a Calgary REALTOR. If you're interested in a current market assessment of your Calgary home or condo, please contact the Jim Sparrow Group at 403-252-5900.

Jim Sparrow sells Calgary Real Estate with Royal LePage Calgary & specializes in South Calgary estate and luxury homes. Visit our website Calgary Luxury Real Estate our blog Calgary Real Estate Blog or page me directly at Royal LePage Solutions 403.252.5900

 

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