The buyers who bid for but lost out on the larger home won this smaller one instead
This two-bedroom townhouse in southeast Calgary was put up for sale shortly after multiple bidders fought over a larger, three-bedroom property a few doors away.
“We chose to wait until [that home] sold prior to listing ours knowing that we would likely have a trickle [down] effect from a handful of buyers that didn’t get the other property,” said agent Joel Gwillim.In fact, buyers who bid for but lost out on the larger home – which sold for $451,000 – won this smaller one instead. Their $455,000 offer bested four other bids.
There are three bathrooms. The newly renovated kitchen sits between the living room, with its gas fireplace, and the dining room, which also has access to the back deck. Double-height ceilings open to a den above. Monthly condominium fees of $339 pay for snow removal and landscaping. An additional annual homeowners’ association fee of $220 covers maintenance of community green spaces.“It’s a condo townhouse in an amenity-rich area, so it’s in a starter buyer’s price range,” Mr. Gwillim said.
“A lot of other comparable [houses] were a little dated and needed some work. But this one showed well as soon as you walked in, from the flooring to the kitchen.”to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.
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