About Lethbridge's West Lethbridge

Lethbridge Real Estate - 113 Jerry Potts Blvd West

Just listed MLS this nice bi-level home. Check out some of the details.

-over 1100 square feet

-3 mainfloor bedrooms

-big bright windows

-basement fully developed, 2 berooms, bath, livingroom

-basement features kitchenette

-basement previously rented for $900/month

-large fenced yard

-backs onto large treed green strip

Priced Aggressively at $254,700.00

There are several lethbridge homes listed down around the $249,000 price range that just do not compare. When we have our rush of summer home buying, it is common to start at the low end of the prices and work your way up. Buyers tend to do this every time. They start with the crap that is for sale at $240k and then they discover that it is all major junkers, tiny lots, or piddly little 2 bedroom 900 square foot poorly build homes.

If you have been shopping for Lethbridge Real Estate, you may have already discovered this. This home is the best bang for the buck in so many ways.

1. Decent size

2. 3+2 bedrooms

3 basement entrance

4. basement kitchenette

5. large fenced lot

6. backs onto park

7. east facing back yard

If you want to take a look at it, it is easy to show. Contact me at 403-330-3039 or by email. The sellers are courteous and will accomodate all showings. Lets get moving!

Lethbridge Real Estate - Paradise Canyon Condo For Sale

Hello my internet friends, just wanted to take a second and send out this information to you all. I just listed this great Lethbridge condominium located in Paradise Canyon subdivision in Lethbridge, Alberta. For those who do not know the area, Paradise Canyon is a world class golf course nestled in the sheltered scenery of the Oldman River Valley near West Lethbridge.

The particular condo is #36 Canyon Court and is a top floor unit. The views from the large bright windows are amazing and you can see the golf course, the river, and an assortment of wildlife on a regular basis. Sitting out on the large balcony is even more amazing, as you are right in the middle of all that beauty.

The details on the condo are as follows.

It features over 1300 square feet of living space, 2 good sized bedroom both with walk in clostets, 2 full 4 piece bathrooms featuring granite vanity countertops, large bright spacious livingroom with a fireplace, in suite laundry, large open kitchen and diningroom combo with light colored cabiniets, large windows, and access to the balcony. The interior flooring has just been upgraded and looks great. The exterior is maintenance free, has clay tile roof, and brand new premium quality metal staircase to the front door. This unit also has a single attached garage with direct access into the home, as well as air conditioning, and the other amenities you come to expect in a luxury property such as this. Asking price is only $225,500.00

If you want more info on this home, give me a call. I have many pics and details that I would love to share with you on this Lethbridge real estate listing. MLS® #: 20105420

Robert May

Lethbridge Real Estate - Where are Prices Headed?

I get asked at least once a week from a curious friend or past client to predict where prices are going in this crazy market. Most often they are simply curious and not actually interested in buying real estate or selling real estate, but they are interest in making conversation about the issue.

Quite frankly, the economy in Lethbridge is strong. Our unemployment rate is low, our vacancy rate is low, and most consumers are optimistic. However, the same cannot be said of the rest of the world or our neighbors an hour south in the USA.

As the US market continues to crash, and I believe that it is only about half done so far, the Canadian Dollar will continue to rise. I expect to see the Canadian Dollar reach $1.20 by next summer, along with the price of Gold, Silver, and other commodities which will rise too. As this happens, it makes it harder for us to sell our resources to the world. This plays a large part indirectly to answer the question of where prices are headed for Lethbridge real estate.

Despite our good fortune here, the number of listings coming on the market continues to rise, while the number of sales wer day/week/month continues to decline. Consumers simply do not want to make a purchase when the economy around them is under pressure. Because of this fact the size of the listing inventory has been growing and will continue to grow in the short term. This growing inventory means that sellers who are serious and motivated need to be priced at or below market value if they want to have any chance of selling. Only the most aggressively priced homes in lethbridge are selling as a result.

These aggressivley pirced sales become the comparables used by appraisers to determine future valuations, and as a result the trend is downward. This means that Lethbridge home prices will go down in the short term. It does not mean that they are crashing or that they will never recover, but in the short term I would expect that homes will be between 5 and 10% cheaper in the next 6 months.

Does this mean that it is not a good time to buy? Not necessarily. If you are seeking a hard to find property or are using a good real estate agent to help find a bargain, there may be a property out there waiting for you. Also, interest rates on mortgage financing are at amazingly low levels which can either allow you to aggressivley pay off yuor mortgage or dramatically lower your monthly expenses.

Lethbridge Real Estate - Parade of Homes shows of new home construction

From September 25 until October 10th, in various subdivisions in the City the new home builders will be showing off their latest and greatest workmanship and designs. This is something that many potential buyers wait for so that they can get a chance to view many different builders at the same time and compare the products a little more directly. The home builders here in town look forward to this time of year as well.

For the new home builders and construction companies, this is their time to put their best foot forward. During this brief 2 week period of Parade of Homes in Lethbridge, they will have large number of current and future prospective customers coming through their doors, and so they go all out to impress them with innovative designs, creative decorating, and unique features to try to stand out from the crowd of other new house builders.

This year there are 19 different home builders who are having open houses during the parade of homes. From those 19 new home contractors there are a total of 31 showhomes that will be on display to the public. What many people do not realize though is that there are potentially many more homes and designs from these builders, plus almost an equal number of other custom home builders and small independant contractors who build a smaller volume of homes, who have homes that are also available or that they are willing to build for you.

The Parade of Homes is conducted by the CHBA, Canadian Home Builders Association - Lethbridge Region and only features builders and houses constructed by members of this organization. This is very important for potential home buyers to know before they go out shopping and looking at these homes. Basically, the builders who are on display during the Parade of Homes are the big box, mass construction, retail priced cookie cutter builders. Not to say that some of them do not build a decent home, but it is pretty uncommon to come across your 'dream home' or even anything that is slightly unique during this event.

If you like to pay retail prices for a your real estate, or you really are looking for a builder beige box with grey stucco with a double front garage, no backyard, and crammed on a 34 foot lot, then you might just be excited to go see the homes this year. If you really do not feel like buying the same house as each of your neighbors, maybe it is time you talk to a real estate professional. Give me a call, lets talk about options.

Lethbridge Real Estate - Mountain Heights subdivision and Gerald Probe Elementary School

This past week I happened to be driving through West Lethbridge and was stopped in an area known as Mountain Heights.  In this area, all of the streets are named for famous mountains.  The homes in this area were just starting construction when I began my real estate career over 16 years ago. 

As a result, the floor plans and the construction of these homes is fairly modern.  This area provides a nice affordable alternative the the new construction areas, as this area is fully developed already and you need not worry about the noise and mess of living in a construction area.

Another attractive thing about this part of West Lethbridge is the Probe Elementary School.  This school is rated very highly by parents and is one of the reasons that this area remains attractive to young families.  Check out this short video to get an idea what the area looks like and contact me if you have any questions.