Carolyn Watson Realtor

04/22/2024

Welcome to 221 Dawson Circle in Chestermere. This beautiful home is nestled on a large lot, close to parks and a playground and is perfect for first time homebuyers and investors.
3 Bedrooms 🛌
2.5 bathrooms🛁
Open concept living
DOUBLE GARAGE🚗🚗
Neutral colors
Undeveloped Basement

11/07/2023

STUNNING BUNGALOW available for rent Jan 1 2024 in the desirable neighborhood of Charleswood. This beauty has been renovated and is ready to call home. Comes with 4 bedrooms plus a den, 2 full bathrooms and a 1/2 bathroom ensuite. Fully renovated kitchen and bathrooms, basement and exterior. Did I mention that it comes with AC and a HOT TUB!

Contact me if you are interested in mores details.

Carolyn Watson
Realtor/Property Manager
Nineteen 88 Real Estate

08/04/2023

Calgary home prices reach new heights: July sees seventh consecutive monthly gain

Rising rates had little impact on sales this month as the 2,647 sales represented a year-over-year gain of 18 per cent, reflecting the strongest July levels reported on record. The record-setting pace has been driven mainly by significant gains in the relatively affordable apartment condominium sector. Despite recent gains, year-to-date sales have declined by 19 per cent over last year.

In line with seasonal expectations, sales and new listings trended down compared to last month. However, this had minimal impact on inventory levels, which remained near the July record low set in 2006. With a sales-to-new-listings ratio of 82 per cent and a months of supply of 1.3 months, conditions continue to favour the seller.

“Continued migration to the province, along with our relative affordability, has supported the stronger demand for housing despite higher lending rates,” said CREB® Chief Economist Ann-Marie Lurie. “At the same time, we continue to struggle with supply in the resale, new home and rental markets resulting in further upward pressure on home prices.”

In July, the unadjusted total residential benchmark price reached $567,700, marking the seventh consecutive monthly gain. Prices are now over four per cent higher than the previous peak in May of 2022.

**CREB® Monthly Statistics City of Calgary**

07/28/2023

Managing your rental can be stressful, let us do it for you. At Briere Property Management we offer stress free exceptional service in managing your property investment. No hidden fees, no upfront costs, you don't have to pay until your property is rented by qualified, respectful and responsible tenants. Reach out today to have a property evaluation and a detailed explanations of our services we offer.

07/04/2023

I LOVE POSSESSION DAY❤️!! Congratulations to my amazing clients on their first ever home! You were a true joy to work with. Being buyers in this market is tough and can be discouraging. I am very proud how you stayed positive and we got you the perfect place to call home. May you both and Rosie make beautiful memories in your condo.

06/04/2023

May sales reach record high!!

City of Calgary, June 1, 2023 - Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year. At the same time, we continue to see fewer new listings on the market than last year, causing inventory levels to fall. With a sales-to-new-listings ratio of 85 per cent and months of supply of one month, conditions continue to favour the seller placing further upward pressure on home prices.

“Calgary’s housing market continues to exceed expectations with the recent gain in sales activity this month,” said CREB® Chief Economist Ann-Marie Lurie. “The higher interest rate environment and recent rental rate gains have driven more consumers to seek apartment condominium units. In addition, the recent rise in new apartment listings has provided enough options to support the sales gain. Calgary continues to benefit from the relatively healthy job market and recent population growth keeping housing demand strong across all property types.” Persistently tight market conditions drove further price growth this month. In May, the unadjusted benchmark price reached $557,000, over one per cent higher than last month and nearly three per cent higher than last year’s monthly peak price of $543,000.

**CREB® Monthly Statistics City of Calgary**

05/09/2023

Amazing day working with multiple offers, 20+ showings and 1 very happy Seller!! My amazing clients are over the moon with how things went and excited to move to their new forever home! CONGRATS to Joe and Delana!

05/07/2023

Just hitting the market!!🔥🔥🔥
Stunning END UNIT townhouse in Thorncliff 🏠🏠
3 beds 🛏️
1 4pc bathroom 🛁
Fully Developed Basement
Stainless steel appliances
Fenced backyard
LOW condo fees including heat!!

This Beauty won't last long!!! Contact your favorite realtor to book a showing!!

Carolyn Watson
Nineteen 88 Real Estate
Realtor and Property Manager
403-585-5709
[email protected]

MLS

05/01/2023

Prices reach new record high!!!

Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city.

“While sales activity is performing as expected, the steeper pullback in new listings has ensured that supply levels remain low,” said CREB® Chief Economist Ann-Marie Lurie. “The limited supply choice is causing more buyers to place offers above the list price, contributing to the stronger than expected gains in home prices.”

In April, sales reached 2,690 units compared to the 3,133 new listings. With a sales-to-new-listings ratio of 86 per cent, inventories declined by 34 per cent compared to last year and are over 45 per cent below long-term averages for April.

While sales have eased by 21 per cent compared to last year, the steep decline in supply has caused the months of supply to ease to just over one month. This reflects tighter market conditions than earlier in the year and compared to conditions reported last April.
Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city.

“While sales activity is performing as expected, the steeper pullback in new listings has ensured that supply levels remain low,” said CREB® Chief Economist Ann-Marie Lurie. “The limited supply choice is causing more buyers to place offers above the list price, contributing to the stronger than expected gains in home prices.”

In April, sales reached 2,690 units compared to the 3,133 new listings. With a sales-to-new-listings ratio of 86 per cent, inventories declined by 34 per cent compared to last year and are over 45 per cent below long-term averages for April.

While sales have eased by 21 per cent compared to last year, the steep decline in supply has caused the months of supply to ease to just over one month. This reflects tighter market conditions than earlier in the year and compared to conditions reported last April.

**CREB® Monthly Statistics City of Calgary**

04/27/2023

Chattels are items that a seller can simply pick up and walk away with. Doing so generally involves no mess, no damage and no invasive procedures. Some more obvious examples include furniture, floor lamps and small, plug-in appliances.

Chattels are typically excluded from a home purchase. But if you're a prospective buyer and an item catches your fancy, you can always negotiate it into the deal.

04/21/2023

04/20/2023

Typically, a portion of the condo fees is allocated to the association’s reserve fund—essentially a rainy-day fund for larger, occasional expenses such as paving, re-roofing, replacing water heaters, exterior painting, or hallway flooring.

Yet unexpected expenses can also occur. Every once in a while, something big gives out, like a roof or an elevator, and homeowners insurance may not cover the costs.

If your association’s reserve fund is low or depleted when disaster strikes, you and your fellow homeowners will have to pay a special assessment. In some instances, assessments are tacked on to the monthly condo fees in small amounts until the debt is paid off; in other cases, the assessment is a one-time charge that must be paid by each homeowner as a lump sum. The amount that each unit has to pay is based on the unit factors that the particular unit has, generally the larger the unit the higher the special assessment will be.

The best way to prepare for special assessments when purchasing a condo is by having a third party complete a condo document study. They will be able to assess the financials of the condo company and foresee any financial issues in the future.