Joanne Thomas

Joanne: 403.863.0554 |

Iconic status was off in the future for the 22-year-old winger. The bushy moustache had yet to grow out and become a trademark.


“We bought our first home year three in Toronto,” said Lanny McDonald, reminiscing. “We’d just gotten married. The house was out in Port Credit. Mineola Street, I believe. A bungalow that had a bonus room up above the garage and it was the scariest thing in the world. Oh my gosh. I think it cost $125,000. We were making a good living, certainly no complaints, but buying a first house is frightening. Luckily, it turned out to be absolutely awesome."


“Darryl (Sittler) lived just down the way, on Mississauga Road. Wendy (Sittler) and (my wife) Ardell became great friends. Darryl and I would drive into the games and practices together. We had a great time in that first house. But that commitment … signing your name? Oh my God!”


For McDonald – the Hockey Hall of Famer and 1989 Stanley Cup champion whose iconic No. 9 was...

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This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s.

With the extra day this February, monthly sales totaled 1,197 units.  A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the past five years.

“However, this should not diminish the fact that conditions are still improving,” said CREB® chief economist Ann-Marie Lurie.

“Calgary is continuing to see slow reductions in the amount of oversupply in the market, from modest changes in demand and reductions in supply. This needs to occur before we can see more stability in prices.”

The overall unadjusted benchmark price was $416,900 in February. This is similar to last month, but nearly one per cent below last year’s levels. Overall, prices remain nearly 11 per cent below the monthly high recorded...

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While lower Months of Inventory will lead to more balanced markets and stabilized pricing, we have noticed that the properties being sold have had an increased average price of 4% in Alberta to $375,649 from $361,131 in January 2019. Since the current Months of Inventory, and the number of sales in January do not support a market where we would see significant movement in price, it is primarily due to movement in the higher price ranges that is having this effect on pricing. The 6.3% increase in the average price for sales in Edmonton, and a 4.8% increase in the average price for sales in Red Deer had a big part in that jump upwards for the Province.
 
The sales activity in the higher price points is consistent with the showing activity that we have had for CIR's listings.  The month over month showings have continued to rise and we anticipate this to continue into Spring. The showing activity that has had the largest gains, is in the $500,000 to $800,000 price...
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For the past few years there has been talk about developing the property of The Nimmons Residence one of Calgary's historic houses. Located in Calgary's Bankview neighborhood, The Nimmons Residence is a 120 year old house that sits along side 14th street at 19th ave nestled in around low rise apartment buildings. A new proposal by Calgary's Brava Developments calls for the house to be moved to the opposite corner of the lot to make way for an 'L' shaped multi-family residential building.


Designed by Casola Koppe Architects , the residential building dubbed, Nimmons Court would be a 5 storey, 84 unit building that would flank The Nimmons Residence on the north and west sides, with the Nimmons Residence moved to the southeast corner of the property. The building is a modern styled design that juxtaposes the Queen Anne Revival styled Nimmons Residence.


With Nimmons Court in it's early stages, I will be sure to return to this project as progress continues.

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Secondary suites make homeownership more affordable for cash-strapped buyers

Homes with secondary suites have been a hot topic in Calgary for years, but their appeal for homebuyers looking to generate extra revenue is only growing amid adverse economic conditions.


It is important to find out whether the secondary suite in a home is legal before making any purchase, which can be done by going to the City of Calgary’s website, www.calgary.ca/suites.

If a suite is illegal and a neighbour complains about noise or parking from a tenant, then a bylaw officer can come out and shut you down, meaning you’d have to tell your tenants to leave.


The best place to buy a home with a suite is typically near large employment centres, such as commercial or industrial areas, hospitals, universities, or downtown, as these are the areas where tenants want to live.


When it comes to homeowner demographics, baby boomers or other empty nesters like the rental income a secondary suite can provide, while...

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The improvement of the Calgary housing market continued in December with further stability capping off a stronger second half of the year.

New figures from the Calgary Real Estate Board show that activity returned to levels close to those seen in the past five years with annual sales up 1%.

“Price declines, lower mortgage rates and some modest improvements in full-time employment helped support some demand growth in the city. Reductions in supply are also contributing to the slow adjustment to more stable conditions in the housing market,” said CREB® chief economist Ann-Marie Lurie.

Annually, the attached homes segment was the star performer with sales up by nearly 7% for a total of 3,780 sales. Apartments just outpaced year-ago levels with 2,672 units sold, while detached sales were broadly in line with those of a year earlier.

Price pressures
Overall prices in 2019 declined by 3% year-over-year, marking a 10% decline since the 2014 slowdown in the energy sector.

“As...

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Sometimes your recyclables require a little more TLC to ensure that what you are setting out for recycling actually gets recycled, and to prevent problems in the processing facility. Here are some common holiday wrapping materials that people often wonder about:


WRAPPING PAPER: While most wrapping paper can be included with your paper recyclables, please remove ribbons and bows, and exclude any wrapping materials
that are foil-lined. Tissue paper used to wrap presents or fill gift bags can also be included in your paper recycling bag or bin.


GIFT BAGS: Paper gift bags can be included with your paper recyclables. Be sure to remove handles, metal grommets and decorations such as bows and ribbons. Similar to wrapping paper, gift bags with
foil lining or non-paper decoration are not recyclable as they are not compatable with the recycling process.


GREETING CARDS: Greeting cards should be included in your paper recycling, but if your card plays music or a recorded greeting be sure to remove the...

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December 2/2019: Calgary Housing Market Still Favours the Buyer 

City of Calgary, December 2, 2019 – Year-to-date residential sales in the city remain just above last year’s levels due to improvements in the attached sector so far this year.

However, November sales activity eased over last year’s levels, mostly due to pullbacks in the apartment sector. 

Meanwhile, new listings eased enough relative to sales to cause inventories to ease and the amount of oversupply to come down slightly compared to last year’s levels.

“Achieving more stable conditions will take time. Sales activity has been settling in at lower levels and is likely being influenced by the economic conditions and uncertainty weighing on our market,” said CREB® chief economist Ann-Marie Lurie.

“While the amount of supply in the market continues to ease, the persistent oversupply continues to weigh on prices.”

As of November, the citywide unadjusted...

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These are the 10 most expensive Calgary communities in the southwest quadrant, based on year-to-date (YTD) residential average sale price.


1. Bel Aire
Established: 1960
Population: 390
Dwellings: 159
Median pre-tax household income: $401,839
New listings (YTD): 20
Number of residential sales (YTD): 4
Residential average sale price (YTD): $2,000,000
Residential benchmark price (YTD): N/A


2. Britannia
Established: 1956
Population: 690
Dwellings: 313
Median pre-tax household income: $268,603
New listings (YTD): 40
Number of residential sales (YTD): 19
Residential average sale price (YTD): $1,807,237
Residential benchmark price (YTD): $1,342,380


3. Bayview
Established: 1967
Population: 751
Dwellings: 248
Median pre-tax household income: $260,339
New listings (YTD): 22
Number of residential sales (YTD): 9
Residential average sale price (YTD): $1,613,722
Residential benchmark price (YTD): $939,800


4. Elbow Park
Established: 1910
Population: 3,342
Dwellings: 1,195
Median pre-tax household income:...

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
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.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.