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JUST LISTED : 5220 MONTALBAN AVE. NW

by Stu Lowe & Lora Greco

WHAT A RARE FIND! With over 3500sq.ft. of living space this incredible family home is a showcase of quality craftsmanship beyond compare. Amazing features include upgrades through-out all levels with 9’ & 10’ ceilings, limestone tile, gleaming oak hardwood flooring and solid core doors just to name a few. Enter through the grand Foyer to an open concept main level that showcases the spacious Dining and Living Room area, with French doors opening onto a South facing balcony. The beautiful gourmet Kitchen with custom cabinetry, granite counters and top of the line Bosch appliances makes it a perfect entertainment area. The upper level boasts a bright Bonus Room and an exquisite Master Retreat featuring a great view from its vast windows and private balcony. This is complemented by a luxurious Ensuite with soaker tub, walk-in shower and a huge custom built walk-in closet. Upstairs Laundry, 4pc Bathroom and 2 spacious Bedrooms complete the picture. The lower level features heated tile flooring and finished with a Media Room, a full Kitchen, center island and a 3pc Bathroom.The backyard is built for relaxing and entertaining, with low maintenance tiered areas, completely fenced and even room for a lovely flower garden. The rear storage building could be converted back into a double garage and is alongside a double parking concrete pad. This sought after location is just minutes away from public transportation, shopping, Children’s Hospital, U of C, parks and pathways with easy access to Downtown.

Lora Greco & Stu Lowe Real Estate Professionals Inc 

JUST SOLD ; COUGAR RIDGE LINK SW

by Stu Lowe & Lora Greco


JUST SOLD : We Represented the Seller .Welcome to the desirable family community of Cougar Ridge. This beautifully appointed home complete with A/C, offers over 2700 sq.ft of living space. Fall in love the moment you step through the front door to an open concept floor plan with gleaming Ash hardwood floors, vaulted ceiling in the Great Room & a slate gas fireplace for those cold winter nights. The Kitchen features Stainless Steel appliances, an island with a raised Breakfast Bar & a corner Pantry offering plenty of storage space. The bright 9' ceiling Nook opens onto a 2 tier deck which leads to a 600 sq.ft flagstone patio & walkway. A completely fenced & beautifully landscaped backyard includes underground irrigation surrounded by planting beds, mature trees & perennials. The upper level boasts a gorgeous Bonus Room with a vaulted ceiling, hardwood floors & a Travertine feature wall with an electric fireplace. Included are 2 spacious Bedrooms, a main 4pc bath & an elegant Master Suite with a walk-in closet. The inviting private Master En-suite is complete with vaulted ceiling, a soaker tub to relax in & a separate stand-up shower. The professionally developed lower level features a wet bar, vinyl plank flooring and a Travertine feature wall with an electric fireplace as well. You will also find a 4th guest Bedroom and a 3pc Bathroom with heated flooring. This lovely home has had many upgrades added over the past few year! Close to all amenities, walk-ways, parks, schools, shopping, restaurants, transit & much more. COME MAKE THIS YOUR HOME!

Lora Greco & Stu Lowe.  Courtesy of Real Estate Professionals Inc.

Finding That Affordable Home in Calgary

by Stu Lowe & Lora Greco

For many people owning a home is still a dream, and finding an affordable home these days is even more of a dream!. You will need a good team behind you, you can get most information on the internet, but you can’t get experience!

With today’s changing mortgage requirements and the down payment you will need buying is becoming more difficult, even with interest rates low. As a new buyer you may have to compromise, here are a few things we can suggest.

  • The Price is the biggest sacrifice you can make. It is always good to consider buying a home that is 15-20% less than your mortgage person tells you that you can afford.  The impact that will have on your monthly outgoings will be huge.
  • Build Up Your Spare Cash.  Ok this has a huge positive impact on affordability for you. Cut out lots of things you just don’t need and force yourself to save a good down payment.  It means lower monthly payments, a lower interest rate, and it could avoid any private mortgage insurance.
  • The Community.  With your favorite community you may need to give up a little.  We could help you look for a home that is just outside your ideal community. Near public transportation and with schools within a short walk or drive. If you want to have easy access to work you might have to stay out of the communities where home prices are higher, i.e. Central South West if you work Downtown.
  • Home Styles.  This can make a big difference when you buy. If you don’t want to compromise on the location, but the single family homes are too much of a financial stretch, maybe consider a condo townhouse, but keep your options open. These housing types make finding an affordable home easier, and may still put you in the right community.
  • Square Feet.  Look out for a good floor plan that can make a home look a lot bigger. Most homes in Calgary are priced on square footage, so a smaller home with a great layout can be really good on price.
  • All You Have To Do Is Move In. Sometimes it is good to look for homes that need a little TLC, and if you are not afraid of work, why not consider improving the home yourself after move-in, over a period of time. Everything doesn’t have to be done as soon as you move in.
  • Get the Right Amount Of Bedrooms. Try not to buy what you don’t really need,  look for extra space maybe in the basement. An undeveloped basement in a home can really bring the price down, but maybe you can develop it further down the road.
  • Outdoor Space: This can make a great home and enhance your pleasure, and make it feel a lot bigger. Big lots cost more though so consider compromising with a deck or patio. Homes backing onto green space and usually more expensive.
  • Setting up The Mortgage: We like to give you Mortgage options with one of our experts who can really help our clients and talk them through it. Usually a bank Mortgage person can only offer what the bank offers!  But we like Mortgage experts who have the ability to compare the best rates, giving you more options and advice. If you need help in this area, just ask.

​​Stu: 403,850.0669

Lora: 403.512.1316

stewartjlowe@gmail.com

Loramgreco@gmail.com

 

 

 

The Truth about Thermal Imaging

There are many misconceptions about the use of thermal imaging and so I wanted to give you an overview of what thermal imaging actually is. What it isn’t and how it can provide value if the thermal scan is performed accurately.  

Thermal imaging is one of THE BEST ways to detect the number one cause of damage to a property – which is water. Water damage unattended can result in structural problems, mould, and more; leaving you with an unplanned costly repair. It is vital to detect any potential water problems as early as possible.


Andrew Galler - Mortgage Alliance

by Stu Lowe & Lora Greco

The Bank of Canada left its trendsetting overnight rate unchanged at 1.25%. There are many names for this rate including the benchmark rate and key interest rate, so it can be confusing. Whatever it is called, this rate influences bank prime rates upon which variable rate mortgages and lines of credit are priced.

Bank governor, Stephen Poloz, announced the rate would be unchanged citing uncertainly over trade further stoked by this week’s U.S. tariffs on steel and aluminum. While broad strength in Canada and the global economy may have justified a rate increase, caution over a potential trade war warranted a wait-and-see approach.

Existing borrowers with variable rate mortgage and lines of credit have a reprieve and new applicants are seeing significant discounts for variable rate mortgages as lenders compete for business.

Andrew Galler

Mortgage Associate
Cell: 403-771-0134

Andrew@gallermortgages.com

A BUMPY ROAD TO RECOVERY - CREB MARCH 2018

by Stu Lowe & Lora Greco

A BUMPY ROAD TO RECOVERY

By CREBMar 9, 2018

Calgary housing market prices hold, but sales fall.

Watch CREB® president Tom Westcott as he recaps the key influencers that shaped the market in February.

 

CITY OF CALGARY STATS PACKAGE


CALGARY REGION STATS PACKAGE ​

#CALGARYHOMETRACKER

A Bumpy Road to Recovery - Creb March 01, 2018

by Stu Lowe & Lora Greco

Calgary housing market prices hold, but sales fall


 

City of Calgary, March 1, 2018 –

Residential home sales declined in February, but a decline in new listings helped keep prices steady this month.

Sales totaled 1.094 units in February, 18 per cent below last year’s activity. Easing sales occurred across all property types this month, which outpaced the sales growth that occurred in January. After the first two months of the year, sales activity remains well below longer-term averages.

“Housing market conditions are still adjusting to rising lending rates and changes in lending requirements. This process is expected to be bumpy, with demand adjustments leading the changes,” said CREB® chief economist Ann-Marie Lurie.

“However, it is important to remember that it is early in the process and the impact on prices will ultimately be dependent on the supply response.”

A decline in new listings was not enough to prevent further gains in inventory levels, but it offset some of the impact of slower sales activity. In the detached sector, one of the largest declines in sales occurred in the $600,000 - $999,999 range, while this price range also recorded gains in new listings.  

“This is a market where the fundamentals of a sound pricing strategy need to be understood by Home selling guide. At the same time, savvy buyers typically have a clear understanding of how much of a mortgage they can get,” said CREB® president Tom Westcott.

“With all the recent changes, potential purchasers should be obtaining pre-approvals so they understand exactly what they can afford prior to making an offer on a home. It also provides them flexibility in this market.”

Citywide benchmark prices totaled $434,300 in February, which is just above levels recovered last month, but comparable to levels recorded last year. While year-over-year price growth remained relatively stable in both the detached and attached markets, apartment prices remained three per cent below last year’s levels. 

Creb Calgary region monthly stats package.​

Creb City of Calgary monthly stats package.

 

#calgarydreamhomes

3D WALKTHROUGH - 224 6A STREET, BRIDGELAND

by Stu Lowe & Lora Greco

3D WALKTHROUGH FOR 226 6A STREET BRIDGELAND

​MLS# C4165451

31090 MORGANS VIEW, MORGANS RISE, SPRINGBANK - NEW PRICE

by Stewart J Lowe & Associates

New Price: 4 Bedroom, 2 Acres, Quad Garage, Amazing Mountains Views.Morgans Rise Home C4162603 $2,450,000.


31090 MORGANS VIEW, SPRINGBANK

by Stewart J Lowe & Associates

New Price: 4 Bedroom, 2 Acres, Quad Garage, Amazing Mountains Views.Morgans Rise Home C4162603 $2,450,000.


Displaying blog entries 1-10 of 16

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Photo of Stu Lowe & Lora Greco Real Estate
Stu Lowe & Lora Greco
Real Estate Professionals Inc
202 5403 Crowchild Trail
Calgary AB T3B 4Z1
Direct: 403-850-0669
403.512.1316
Fax: (403) 476-7608

Presented by Stu Lowe & Lora Greco. Licensed Realtors at Real Estate Professionals Inc