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Stories Tagged - luxury

Feb. 26, 2015 | CREBNow

Luxury feature: Lights, camera, action!

Indulge in the big-cinema feel from home with a personal home theatre

Whether you want to indulge in the brilliant colours of Gone With the Wind, storm the beaches of Normandy with Saving Private Ryan, or tickle your funny bone with a classic like Animal House, indulging in a home theatre can be just the ticket.

In a survey by Coldwell Banker, home theatres ranked sixth on the list of most important amenity in the home, following open-floor plans, home automation, pools, outdoor kitchens and home gyms. The importance of home theatres jumped 23 per cent for people under the age of 55, according to the survey.

Feb. 26, 2015 | CREBNow

Luxury feature: Superior selection

Increased listings allow for more variety when buying in the luxury market

Gizella Davis has been through this all before.

The 38-year real estate veteran with Royal Lepage Foothills has lived through the peaks and valleys of Calgary's inherently cyclical housing market – including the most recent, which has felt the full force of a downturn in oil prices.

Yet from experience, she's "not concerned one bit" about how the industry – in particular the luxury housing segment – will react long term.

Dec. 23, 2014 | CREBNow

2014: The year in luxury

Calgary's luxury resale residential housing market continued to fire on all cylinders in 2014, according to new numbers from CREB®.

Year-to-date home sales priced over $1 million increased 18 per cent to 812 from 688 as of the end of November compared to the same period in 2013. Of those, six were sales in excess of $4 million.

With one month to go, the total already surpasses the record for the most million-dollar-plus sales in a year, consecutively set over the previous two years with 732 and 544 homes sold in 2013 and 2012, respectively.

Oct. 21, 2014 | CREBNow

Luxury condo The XII coming to Mission

A new luxury condo development is headed for Mission.

The XII includes 14-storeys of suites each spanning an entire level, with the exception of two, two-level suites.

"Research led us to what we have today which is essentially 12 single-family homes that happen to be stacked on top of each other and we determined nothing like this existed in Calgary, just elsewhere like Vancouver, New York and other cities of equal stature to Calgary so we decided to provide that part of the opportunity," said Stanley Yasin, managing partner for The XII.

Sept. 17, 2014 | Cody Stuart

Added amenities

*CREB®Now real estate news luxury feature*

Today's luxury homes boast more than just curb appeal

With the ability to purchase a home priced at more than a million dollars, most luxury homebuyers also have the ability to add even more amenities to their new homes.

With the kitchen, living room and backyard serving as the main entertainment areas in the home, CREB®Now asked some local businesses what they're seeing in the city's luxury renovations industry.

Sept. 17, 2014 | CREBNow

Haute history

*CREB®Now real estate news luxury feature*

Calgary has always had a flair for luxury living

Luxury comes in many shapes and sizes. Earlier this year, a penthouse unit in the Princeton Hall highrise at Eau Claire sold on MLS® for a record $4.4 million. A Priddis-area home, meanwhile set a provincial record in June when it went on the market for a cool $38 million.

Yet set amid today's multimillion-mansions and copious condos comes a reminder of just how far Calgary luxury housing market has come.

Sept. 17, 2014 | CREBNow

Laps of luxury

*CREB®Now real estate news luxury feature*

Hot and haute rides complete today's million-dollar mansions

The extravagance of Calgary's luxury listings, inevitably, comes down to the details – the crystals in the chandelier, the velvet in the carpet and the pixels on the big screen. After all, achieving affluence in the home means striving for perfection.

Yet ironically, this feat is most commonly being discovered in the garage, where petroleum princes are going hand in hand with today's palatial palaces.

Sept. 17, 2014 | Cody Stuart

Simply the best

*CREB®Now real estate news luxury feature*

Calgary's prosperity driving demand for high-end housing

While the final tally won't be in for a few more months, it appears Calgary's luxury homes market is on the verge of the best year in the city's history.

According to CREB®, 611 homes priced at $1 million or more have sold through the first eight months of 2013. That number includes a record-setting 69 properties sold in August alone, which broke the previous record of 64 .

July 30, 2014 | Cody Stuart

Lasting luxury

Calgary's million dollar market continues to post positive numbers

Calgary's luxury housing market remained among the top performers in all of Canada through the first half of 2014.

Propelled by a thriving economy, high average incomes and an influx of new Calgarians, sales of homes priced at $1 million or more increased by 18 per cent through the first six months of 2014, according to CREB®'s annual mid-year forecast update.

July 03, 2014 | Cody Stuart

Legendary luxury

Calgary's million dollar market continues to shatter records

Just one month after setting the all-time record for luxury sales, Calgary's million dollar homes market has once again set a new mark.

June saw 104 sales of homes priced at $1 million or more, topping the previous record of 94 million-dollar plus sales, set in May. Prior to that, the previous record was 83, set in May 2013.

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