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43 Skyview Springs Manor

43 Skyview Springs Manor

Skyview Ranch House For Sale.

Sun seekers check this one out! Generous sunny west deck two level deck with privacy slats let you enjoy the sun in privacy in your own private yard. You will love the natural hickory hardwood floors (much more durable than maple.) The main floor is wide open so the home is bright. From the dining area you will enjoy the view of the yard, the kitchen is central and open to the living room. The powder room is on the main floor. Upstairs you have 3 bedrooms, a 5 piece bath with a separate toilet area. The bedrooms are all generous and the master has a walk-in closet. This home is a great starter home in great condition. View Listing Details …

OPEN HOUSE SATURDAY MAY 13 12-2PM

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110 Springmere Drive

110 Springmere Drive

110 Springmere Drive is a delightful 2 Storey home with 3 bedrooms up and a fully developed basement with a 4th bedroom , a den, rumpus room and 4 piece bath.

 

This home is conditionally sold..   to search for homes like it click here


From the minute you drive up to 110 Springmere Drive you know this is a special home!  The stucco exterior and the extensive rock trim distinguish this home.  The very attractive front landing leads into a generous receiving area for your guests.  An archway leads to the main living area.  The floor has freshly refinished hardwood in a modern stain running diagonally throughout the main traffic areas.  The kitchen has stainless steel appliances a large island with additional work area to the side.  The dining room, kitchen and living room overlook the large backyard.  the yard is fenced with an over-sized one level deck.    The living room has newer carpet, a window bench and a gas fireplace with a decorative niche, a  mantle and rock surround.  There is a powder room, a laundry room and a walk-thru pantry, all tucked away from the main living areas.

The staircase going up has a landing and is beautiful with display ledges and a window at the top for light.  On the second floor there are three bedrooms and a four piece bath.  The spacious master has an attached 4 piece bath with a separate shower and a beautiful soaker tub.

The basement was recently professionally finished.  Larger windows were added to bring in the natural light.  There is a large rumpus room, a four piece bath with quality fixtures, a bedroom and a den.  This level is nicely carpeted.

Westmere is an established neighbourhood in Chestermere.  It has parks with ponds, lots of parks and pathways for your family to enjoy.

Schools

St. Gabriel is the Catholic school that hosts grade 7 to 12.  Elementary children in the Catholic system will be bused to  Our Lady of Wisdom and Prairie Waters is the public elementary school located in Westmere.  Grade 6 to 9 are bused to  Chestermere Middle School in Lakeview Landing.   Public High School students attend from grades 10 to 12 are bused to Chestermere High School.

Doug and Marjorie McKay are pleased to represent this fine home.

If you wish to have your children enrolled in French that option is available right here in Chestermere at East Lake School.

View more about this home

 

Living in Chestermere is fun!

Chestermere Families Have Lots To Do!

Chestermere Offers A Unique Lifestyle

Chestermere Has Great Neighbourhoods

We would love to help you with your real estate plans

Chestermere Safeway

Chestermere Safeway

There are 5 strip malls in Chestermere offering just about every service a family could want or need.

The Chestermere community currently has 4 service stations, 2 car washes, bottle depot, 3 convenience stores, 22 restaurants and fast food places, a full service Safeway, a No Frills Grocery Store, 5 liquor stores, 2 hair dressers, 5 dentists, a veterinarian, three chiropractors, three family medical clinics, a medical lab, physiotherapy, 2 optometrists, four pharmacies, five banks, a dance studio, a martial arts school, a tattoo studio, a tire shop, an oil change shop, four fitness clubs, two barber shops, a pet store and 4 pubs.East Hills Costco

 Many more services are available at East Hills Shopping Centre,  just 5 miles West of Chestermere.  There is a Walmart Super Centre, Hair Dressers and Barbers, a Bulk Bin, Sleep Country, Sport Chek. Michaels, Marshalls, A Dollar Store, and more.  There is a Costco with a gas bar and a liquor store.  At East Hills you can enjoy a gourmet hamburger, a specialty coffee, or an Italian ice cream.  

Living in Chestermere.

The lake is 3.5 miles long by a half a mile wide and covers 750 acres.  The Bow River feeds the lake with mountain, spring and glacier run-off. Chestermere Lake has a complete water change every five days.

Chestermere has many great neighbourhoods and lifestyles to choose from.  Lakefront homes, golf course homes, new homes, resale homes, apartment condominiums, townhouses, and attached homes that are not condos.

Chestermere School information

Area Schools

We have great schools in Chestermere and area.  Here you will find links to area schools.

Chestermere Communities

Here you will find information on Chestermere, Langdon and Rockyview communities.

Medical In Chestermere.

Yes you can find a family doctor in Chestermere!  We have a medical lab, physio-therapy learn more…

Recreation in Chestermere.

Chestermere has twin arenas for hockey, figureskating, ringette.  There are also 4 sheets of ice for curling. more…

Chestermere Parks

Chestermere has 3 beaches, a bike park, a skate park, lots of pathways for walking or cycling.  There are tot lost throughout the community.

Chestermere Real Estate Market

The market is stabilizing.  Prices are as low as they going to go.. It is a great time to move up..

Chestermere is 20 minutes from downtown

In rush hour you are looking at a 30 minute commute.  With Stoney Trail 5 miles away you can get anywhere in Calgary very quickly.

Calgary International Airport

You can be at the airport in just 20 minutes.  Industrial areas are nearby as well.

Hospitals Near Chestermere.

The Peter Lougheed Hospital is 15 minutes away, the South Calgary Health Campus is 20 minutes,  The Foothills and the Children’s Hospital are about 40 minutes away from Chestermere.

Let us find a home for you on MLS.

Chestermere Safeway

Chestermere Safeway

There are 5 strip malls in Chestermere offering just about every service a family could want or need.

The Chestermere community currently has 4 service stations, 2 car washes, bottle depot, 3 convenience stores, 22 restaurants and fast food places, a full service Safeway, a No Frills Grocery Store, 5 liquor stores, 2 hair dressers, 5 dentists, a veterinarian, three chiropractors, three family medical clinics, a medical lab, physiotherapy, 2 optometrists, four pharmacies, five banks, a dance studio, a martial arts school, a tattoo studio, a tire shop, an oil change shop, four fitness clubs, two barber shops, a pet store and 4 pubs.East Hills Costco

 Many more services are available at East Hills Shopping Centre,  just 5 miles West of Chestermere.  There is a Walmart Super Centre, Hair Dressers and Barbers, a Bulk Bin, Sleep Country, Sport Chek. Michaels, Marshalls, A Dollar Store, and more.  There is a Costco with a gas bar and a liquor store.  At East Hills you can enjoy a gourmet hamburger, a specialty coffee, or an Italian ice cream.  

Chestermere Is Close to Everything.

Chestermere Is Close to Everything.

Calgary International Airport

Peter Lougheed Hospital

Telus Centre

Calgary Zoo

South Calgary Health Campus

Chestermere Townhouse 2 car detached garage

Chestermere Townhouse 2 car detached garage

The Brownstones In Rainbow Falls At Chestermere Lake

If you are looking for great value check out these two to three bedroom townhouses with double garage and full basement.
The Brownstones at Chestermere Lake were built between 2006 and 2014 are really a great buy right now. Originally priced as high as $350,000 list prices are now as low as $280,000. These are great units as they have a 2 car detached garage. There are a variety of floor plans with 2 bedrooms and a den, a 3 bedroom plan, 2 bedroom & 2 baths upstairs. There are full basements, with some being walkouts.

There is a difference in the features and floor plans as time went on. The newer units have granite, hardwood and a more open plan. It is helpful to have a local realtor when you are buying or selling a Brownstone as you can’t really compare the newer units to the older units.

These were built by Truman Homes the developer of Rainbow Falls.

Stats for Brownstones

Sales for the Brownstones 2016

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The Cascades a town house project in Rainbow Falls

 

New Mortgage Rules Eat Away Afforability

New Mortgage Rules Eat Away Afforability

The New Mortgage rules that have been changed from the Federal Gov’t is a game changer for affordability, especially for first time home buyers who have no equity to put towards their first home.  This new rule will really hurt single parents and anyone trying to get their first home.

In an eggshell if you have less than 20% down you will have to qualify for a mortgage at the Bank of Canada Posted rates which are about 4.64% instead of rates that range from 2.2 to 2.7% for a 5 year term.  That will really erode first time home buyers ability to qualify for the home that meets their needs.  Take a look at this comparison chart we have prepared.  It uses a mortgage rate of 2.7% before Oct. 17th compared to 4.6% after.    If you make $50,000 per year under the new mortgage rules you will qualify for $50,000 less of a home or maybe no home at all!

New Mortgage Rules

New Mortgage Rules Will Erode Buying Power.

With out a doubt this will affect the economy as more first time home buyers are forced out of the market.  They will have to continue to waste money on rent or continue to live with their parents.

The new mortgage rules will hurt first time home market which will also hurt the move up market as there are fewer buyers that are in the market to buy their homes so that they can sell and move up.

It will affect the economy as fewer new homes will need to be built, as the demand will not be there. So there will be more unemployment as plumbers, framers, electricians, sales people, real estate lawyers etc have less work.

There will also be fewer appliances, furniture, home decorating and improvement products sold.

With next to no notice that this rule was changing, it will really hurt new home builders and especially large condo projects who have homes under construction.

What can you do if you have been wanting to buy a home and you do not have the 20% down?

  •  You can find a home, and get it under contract with condition removal by October 17.
  • Save up until you have 20% down
  • Have a co-signer so that you can qualify for more money.

Will this affect foreign investors?  They probably have the 20% down, so not likely.

If you want to read the full article follow the link below.

Globe and Mail article

If you want us to help you find a home in a hurry please call we will be available to help you.

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Mortgage Insurance and Leverage in Real Estate.

Mortgage Insurance and Leverage in Real Estate.

Leverage gives the user a maximum advantage whether it is physically lifting a large object or rapidly building equity in a home.

In the case of the home, the high loan-to-value mortgage allows the profits made to be greater than simply the cash invested.

A $350,000 home can be purchased on an insured loan with a 5% down payment of $17,500. If the home appreciates at 2% a year, in five years the equity will grow to $87,999 due to the appreciation and the amortization of the mortgage. That would be a remarkable rate of return. You would have to save $1,466 per month for 60 months to have the same net worth!

Without mortgage insurance you would have to have a down payment of $87,500.

It is estimated that homeowners have a 45 times higher net worth than renters. Since the obvious difference is that renters don’t own a home, owning a home is a distinct advantage.

The leverage that allows a borrower to control a much larger asset with a small down payment gives them a return on the much bigger asset than on just the down payment.

Another interesting contribution is the forced savings that occurs with each payment made on the mortgage. A portion of the payment is applied to principal so that the loan will be paid in full by the end of the term, usually 25 years. The amortization on the 2.59% mortgage example from above has approximately $9,967.00 paid in the first year to reduce the principal which increases the owner’s equity in the home.

In Canada capital gains on your principal residence are tax free!

leverage in real estate.

Mortgage Insurance Helps Buyers take advantage of leverage in Real Estate.

For people who have the necessary funds for the down payment and good credit, buying a home can be a financially stabilizing event. While research on the Internet can provide valuable information, if there is someone that you know that is considering making their first home purchase, we would love to sit down with them.

We love helping people achieve net worth through owning their own home.