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Just Sold in Point McKay

SOLD!!!

376 Point McKay Gardens NW, Calgary, AB⁠
MLS#: A1200702⁠

Listed at $685,000 | Sold for $715,000

Congrats to Laura and Tequa on setting a new record for Point McKay!⁠

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Home Evaluation Form 

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Canada Greener Homes Grant

Saving energy saves you money! Buildings, including our homes, account for 18% of Canada’s greenhouse gas emissions. The government wants to help Canadians make where they live more energy-efficient. This means homes will be more comfortable and more affordable to maintain while also supporting our environmental objectives. ⁠

The Canada Greener Homes Grant will help homeowners make their homes more energy-efficient, create new jobs across Canada for energy advisors, grow our domestic green supply chains, and fight climate change.⁠

Participants are eligible for up to $5,600 total under the initiative. Updates will be provided over the life of the initiative to keep homeowners informed. As part of our work, we are committed to ensuring Greener Homes reaches diverse Canadians including those living in remote and northern communities and those with limited internet access. ⁠

Currently, work is being done on building a diverse network of energy advisors to provide career opportunities to all Canadians and to meet the need of our communities.⁠

For more information please click here

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Holiday Hacks

With so many holidays coming up, you’ve probably got some festive plans for your home – once you can track down all your decorations! There’s nothing worse than dusting off the décor only to find the string lights tangled and the baubles broken. To help you avoid this in the future, I’m sharing some hacks for storing decorations so you can hang onto them for longer. Here's how to keep your lights in order, wreaths clean and ornaments in one piece. You’ll never have to worry about replacing your decorations again when you store them smart!

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Q3 Calgary Real Estate Market Update

I hope this post finds you well and healthy as we all continue doing our part in social distancing as new cases of COVID-19 continue to impact the Calgary region. Throughout this year, there have been several hurdles we've all had to overcome as we adjust our lives to a new normal.With that being said, the real estate market has been resilient following a slower than usual second quarter. June and July were the busiest months with 1,747 sales and 1,835 sales respectively.

At the end of September of this year, inventory levels were down when compared to levels in August. This is a good thing because it brings down the number of months inventory is sitting which ultimately begins to strengthen the price. These actions are leading us to the point where we’re beginning to slide into a sellers market.The benchmark price of detached homes is $468,000, which is up 6.1% when compared to Q1 when the benchmark price was $450,000. Overall, the price of homes is up 1.3% when compared to September 2019.

3,237 sales occurred in Q1 and 5,110 sales occurred in Q3, which is an increase of 50% and tells us that people are actively committed to buying and selling. When looking at YTD sales from 2019 to 2020, sales are down by 9.3%. At the end of September in 2019, 12,956 sales had occurred and at the end of September in 2020, 11,747 sales have occurred.

When looking at the bigger picture, I believe sales and inventory are healthy; we will most likely see the price of homes continue to increase and we'll probably end the year with similar sales numbers to 2019.

Overall, the real estate market in Calgary is in a good place and I think it will remain the same for the next little while. I don’t believe things will return to the way they were when COVID-19 was first becoming a prominent force in our lives because we all have a better understanding of how to manage our processes so we can continue to buy or sell homes.

Interested in knowing what your home is worth? 
Click here to be redirected to my website where you'll enter your property information. It only takes a few minutes and I will then conduct a Comparative Market Analysis of your home.

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