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1903 45 Ave. SW., Calgary
1903 45 Ave. SW., Calgary

Calgary bungalow lands offer after two days on the market Add to ...

1903 45 Ave. SW., Altadore, Calgary

ASKING PRICE

$746,000

SELLING PRICE

$715,000

TAXES

$4,229 (2015)

DAYS ON THE MARKET

Two

LISTING AGENT

Robert Jansons, Coldwell Banker Mountain Central

The Action: In many parts of Calgary, properties are often relisted several times over months or years to find the right buyer. This detached bungalow – situated on a quiet, treed street near parkland and a golf course along the Elbow River – made such a good first impression this summer, it had 10 showings right away and an offer on the table by the second day of marketing. Though $31,000 below asking, the offer was accepted. The buyer intends to move the existing house and rebuild on the lot.

What They Got: This 1,169-square-foot bungalow was built in 1954 into a sloping 53-by-109-foot corner lot that allowed for large windows and an east-facing entrance into an 868-square-foot basement with two bedrooms, one of two full bathrooms, a kitchen and recreation area.

The north-facing main entrance opens to the main floor, which accommodates three bedrooms, including one with a side deck, open living and dining areas and a kitchen with French doors to a south-facing deck, fenced yard and garage.

The Agent’s Take: “The lot was perfect, it was a corner lot, beautifully sized for a builder,” agent Robert Jansons says. “This may be a bit smaller than a lot of lots that do get subdivided, but it’s in an area that can command very high retail price on a home because it’s basically inner-city.”

However, there were buyers, such as the new owners, who saw value in its structure. “The house is in great shape,” Mr. Jansons notes. “[The seller] is moving it out to a farm, so the main floor of the bungalow was salvaged and, in fact, is a great example of recycling.”

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