Airdrie house sells at a premium as Calgary market tightens

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After two weeks on the market, Airdrie rowhouse nets above-asking offer

With resale inventory tightening in Calgary over the summer, a lot of activity moved outside the city, and Airdrie, roughly 20 kilometres north, saw an influx of buyers. Over three months, agent Bryon Howard sold four homes in the Hillcrest subdivision, the last of which was this freehold rowhouse. The property had only four visitors, but two of those made purchase offers and the home sold $22,600 over the asking price.

“The market was starting to shift a little bit … so we decided on an aggressive price for this one, hoping what happened would happen, which is get multiple offers.”eXp RealtyThis three-year-old house offers 1,400 square feet of living space, an unfinished basement, and attached garage on a 20- by 82-foot lot.

Upstairs, there is a laundry room and three bedrooms. The largest one contains a walk-in closet and one of the home’s three bathrooms.“It’s the first time I’ve seen this kind of property that looks like a townhome because there are four of them all attached, but it’s not a townhome because townhomes all have condo fees on them and they’re managed,” Mr. Howard said.

 

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