Please visit our Open House at 105 109 Montane ROAD in Canmore.
Open House on Saturday, October 9, 2021 2:00PM - 4:00PM
.Bright, spacious 2 bedrooms,2 bath south facing unit with Three Sisters Mountain view. The open concept kitchen, living, dining area makes entertaining visitors easy and allows dining to be comfortable even with visitors or children. Heated underground parking with additional storage. A beautiful swimming pool that is heated year-round, two hot tubs, and an exercise...
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Please visit our Open House at 105 109 Montane ROAD in Canmore.
Open House on Sunday, October 10, 2021 2:00PM - 4:00PM
.Bright, spacious 2 bedrooms,2 bath south facing unit with Three Sisters Mountain view. The open concept kitchen, living, dining area makes entertaining visitors easy and allows dining to be comfortable even with visitors or children. Heated underground parking with additional storage. A beautiful swimming pool that is heated year-round, two hot tubs, and an exercise...
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I have sold a property at 7 Grotto WAY in Canmore.
Very clean & neat, this three-bedroom home features a vaulted Living room ceiling with a bay window & freestanding gas stove for comfort après ski. Bright, open kitchen-dining room with direct access to large 8 x 20 deck - South facing. Located in a safe area habituated mostly by young professionals in their starter homes. Grotto Mountain Village Resident Association offers daycare. Playground nearby. State of the art Bosch washer...
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I have listed a new property at 7 Grotto WAY in Canmore.
Very clean & neat, this three-bedroom home features a vaulted Living room ceiling with a bay window & freestanding gas stove for comfort après ski. Bright, open kitchen-dining room with direct access to large 8 x 20 deck - South facing. Located in a safe area habituated mostly by young professionals in their starter homes. Grotto Mountain Village Resident Association offers daycare. Playground nearby. State of the art Bosch...
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I have sold a property at 853 Silvertip HEIGHTS in Canmore.
This 4840 sq. ft luxury home has for sure one of the best locations in the whole of Canmore, on a quiet street towering over the ravine of hole 14 of prestige Silvertip Golf Course. Facing SW, you can see from every floor famous Three Sisters, Mt Grassi, and the whole Rundle Ridge. The stunning entrance leads you to a great room, where the cathedral ceiling gives the main floor a bright and warm welcome. Wood finishing with...
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I have sold a property at 214 104 Armstrong PLACE in Canmore.
Great location with privacy and mountain views! 2 bedroom unit in the exclusive Trailside Lodges. Wheel Chair accessible main floor condo located in one of the best locations in Three Sisters. In-floor heating with multiple area thermostats. Real resort-style amenities: a resistance pool, fitness room, theater, hot tub, billiards area. The wood-burning fireplace in the common Trailside Club area. Trailside Lodges sits on...
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I have sold a property at 622 4 STREET in Canmore.
Crisp modern feel, incredible south exposure, MUST SEE VIEWS X2 DECKS PLUS PATIO. Step in to the main level with heated concrete floors and lower level entertainment space featuring wet bar, big windows and access to front patio. Down the hall you have 2 good sized bedrooms, full bathroom and access from the double attached garage with room for cars and toys! Upstairs to your gourmet kitchen and great room with floor to ceiling windows,...
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I have listed a new property at 105 109 Montane ROAD in Canmore.
.Bright, spacious 2 bedrooms,2 bath south facing unit with Three Sisters Mountain view. The open concept kitchen, living, dining area makes entertaining visitors easy and allows dining to be comfortable even with visitors or children. Heated underground parking with additional storage. A beautiful swimming pool that is heated year-round, two hot tubs, and an exercise room! You will have never a problem renting this bright...
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I have listed a new property at 214 104 Armstrong PLACE in Canmore.
Great location with privacy and mountain views! 2 bedroom unit in the exclusive Trailside Lodges. Wheel Chair accessible main floor condo located in one of the best locations in Three Sisters. In-floor heating with multiple area thermostats. Real resort-style amenities: a resistance pool, fitness room, theater, hot tub, billiards area. The wood-burning fireplace in the common Trailside Club area. Trailside Lodges...
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I have listed a new property at 853 Silvertip HEIGHTS in Canmore.
This 4840 sq. ft luxury home has for sure one of the best locations in the whole of Canmore, on a quiet street towering over the ravine of hole 14 of prestige Silvertip Golf Course. Facing SW, you can see from every floor famous Three Sisters, Mt Grassi, and the whole Rundle Ridge. The stunning entrance leads you to a great room, where the cathedral ceiling gives the main floor a bright and warm welcome. Wood finishing...
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Please visit our Open House at 853 Silvertip HEIGHTS in Canmore.
Open House on Saturday, August 28, 2021 2:00PM - 4:00PM Come and enjoy the view of our Majestic Rockies from one of our 4 decks!
This 4840 sq. ft luxury home has for sure one of the best locations in the whole of Canmore, on a quiet street towering over the ravine of hole 14 of prestige Silvertip Golf Course. Facing SW, you can see from every floor famous Three Sisters, Mt Grassi, and the whole Rundle Ridge. The stunning...
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As you could see from the graph I posted in my previous blog, the activity slowed down in the last 4 months. The statistics you are receiving in newspapers, usually reprint some analysts from big financial houses. An example is a Bloomberg-based article that quotes Shaun Cathcart, the national real estate bord's senior economist, who said:


"We are not returning to normal, we are only returning to where we were before COVID, which was a far cry from normal".

I completely agree, we are in no man's land...

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 The Canmore housing market went within one month from a crazy binge to a screeching slowdown. For people who put the houses recently on the market, the big question is "Is it just a demonstration of relief of hundreds of thousands of Canadians taking finally holidays, being able to travel and breathe without a mask? Or is it a breather, and pause of the market before another busy autumn?  Or is it a beginning of the correction after a very long appreciation?". 


According to Better...

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I have listed a new property at 140 Krizan BAY in Canmore.
This smartly appointed home with many extra features (see the accompanying notes for more) sits on a large 9000+ sqft lot overlooking a beautiful serene backyard with lots of privacy. Ground-level entry with a porch leads you into the living room and large kitchen. The beautiful lightly colored floor is a perfect match to the handcrafted staircase and large kitchen island. From this cozy living room, you can walk on the house-wide...
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I have sold a property at 218 109 Montane ROAD in Canmore.
Tourist Home 2 Bed 2 Bath Condo at Lodges at Canmore This two-bedroom, two bathroom Canmore mountain condo features an open floor plan and lovely south-east facing deck with partial mountain views. 1-level unit with an open concept kitchen-dining area-living room, and two bedrooms down the hall (one of them with an ensuite). The complex boasts a range of amenities: hot tubs, fitness centre, year-round heated outdoor pool,...
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The Latest RE/MAX 2021 RECREATIONAL PROPERTY REPORT published at the end of last month is very upbeat about the Canmore housing market.  I would not elaborate on what is causing this sharp price spike, but while the trend started before the COVID-19, it recently accelerated and will continue at least till the rest of this calendar year.


REMAX Report Table for Canmore


Here is the full quote from the REPORT (I have highlighted what I believe is most interesting in yellow):


"A majority of Western Canada’s recreational markets...

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If you are complaining about (buyers) or cheering for (sellers) rocketing prices of houses, you should know that one reason for price escalation is the cost of lumber. Lumber futures quadrupled since the last year and retail prices at least doubled, if not tripled. According to the Canadian Home Builders Association, the cost of lumber added about $30,000 in Canada and US$36,000 in the USA to the price of the new house! The difference is caused by us being the exporter. Canadian SPF (Spruce/Pine/Fir)...

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In my last blog, I shared with you some basic statistics regarding our current market. I am reading a lot of sources and they all point in one direction only. The trend is up. Here are a few quotes from Calgary Herald article written by J.Schlesinger:


“Royal LePage’s 2021 Spring Recreational Price Forecast predicts Alberta recreational properties, which include Canmore, will see price increases of about six percent, year over year, to an aggregate price of more than $942,000 this year....

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This ratio is commonly used to decide if the market is “Buyers, Balanced, Sellers and Overheated. CMHC defines a housing market as “Overheated” when the ratio is over 85%, while 60% and over is considered seller’s market.  Our ratio is 100.16%  now! I do not think I need to say anything more… 


The question I am being asked most recently is “How much will 1,2,3... bedroom home cost me? Or what can I get for $500k, 800k, 1M?  So, using RE Stats...

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“Progress is impossible without change, and those who cannot change their minds cannot change anything.”—George Bernard Shaw

For years people were leaving rural areas for big cities in search of entertainment and jobs and lifestyle which urban living offers. And those who went mostly for well-paid jobs had to venture into nature over weekends to find what I really call the LIFESTYLE;-).  Not any more. The COVID 19 proved to us that technological advances such as cloud computing...
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