Price Cuts Attract Buyer for Cochrane Luxury Home

Real Estate News

Price Cuts Attract Buyer for Cochrane Luxury Home
Luxury HomesPrice ReductionsCochrane
  • 📰 globebusiness
  • ⏱ Reading Time:
  • 33 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 66%

A three-bedroom luxury house in Cochrane, Alberta, initially priced near $1 million, saw a series of price reductions to attract a buyer. Despite numerous open houses and a bid from a local attendee, the property ultimately sold to an out-of-town visitor. The home, built seven years ago, boasts 2,137 square feet of living space, a double garage, and a custom basement suite.

$850,000 ; $879,900 ; $889,900 ; $899,900 ; $950,000 This three-bedroom house shares many similarities with other luxury homes that have sold near the $1-million mark in Cochrane , roughly 40 kilometres northwest of downtown Calgary.This three-bedroom house shares many similarities with other luxury homes that have sold near the $1-million mark in Cochrane , roughly 40 kilometres northwest of downtown Calgary.

“It was a beautiful property, but it was unfortunate the time we went on the market,” said agent Benjamin Archibald.There were numerous open house events, and one finally brought in a bidder. But that bid was overawed by an unexpected offer from an out-of-town visitor.“Cochrane is a beautiful town just northwest of Calgary and close to the mountains. It has a small-town feel and is growing incredibly fast.

“The seller spared absolutely no expense putting in a fully legal suite in the basement with a new separate side entrance, and top-of-the-line finishings.”Price cut helps get three offers for Barrie bungalow with basement suite

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globebusiness /  🏆 31. in CA

Luxury Homes Price Reductions Cochrane Real Estate Market Basement Suite

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uptown Toronto semi requires two price cuts to sellUptown Toronto semi requires two price cuts to sellIn the fall, a further $30,000 price cut brought in another offer and a deal for the three-bedroom house was cut for $1.53-million
Read more »

Repeated price cuts required to sell Ottawa-area homeRepeated price cuts required to sell Ottawa-area homeAfter two price drops, a previous bidder circled back to clinch a deal at $1.45-million
Read more »

Cochrane Helicopter Company Ready to Help Battle California WildfiresCochrane Helicopter Company Ready to Help Battle California WildfiresExpedition Helicopters in Cochrane, Ontario, has a Black Hawk helicopter stationed in Idaho, ready to assist with the devastating wildfires in California. The company is prepared to deploy within 24 hours if called upon.
Read more »

Much-beloved historic Cochrane landmark destroyed in powerful windstormMuch-beloved historic Cochrane landmark destroyed in powerful windstormCochrane's 'Grandfather Tree' -- a much-loved feature of the town's natural landscape, was destroyed by the windstorm that swept across Alberta on Thursday, Jan. 16, 2025.
Read more »

Solana's Price at a Crossroads: Can Social Volume and Active Address Trends Signal a Reversal?Solana's Price at a Crossroads: Can Social Volume and Active Address Trends Signal a Reversal?Solana's price is hovering around the crucial $180 level, with traders closely watching social volume and active address trends for potential price swings. While heightened social activity often precedes price volatility, a sustained decline in active addresses raises concerns about waning user engagement and potential price erosion. The article analyzes these trends and discusses the crucial support level of $180, highlighting the risk of further price declines if Solana fails to hold above this threshold.
Read more »

Ethereum Price Soars on Inflation Data, Showing Signs of Market MaturityEthereum Price Soars on Inflation Data, Showing Signs of Market MaturityEthereum's price surged over 7% following the release of US inflation data, suggesting a positive market sentiment towards cryptocurrencies as inflation hedges. While the surge was driven largely by investor optimism about potential Federal Reserve interest rate cuts, the cryptocurrency also experienced significant liquidation activity, indicating market volatility. Additionally, Bitcoin's price rose by 4.12%, reaching approximately $100,510. Ethereum's Open Interest (OI) also saw a notable increase, signaling growing investor interest and potential future price movements.
Read more »



Render Time: 2025-02-13 10:17:38