67 WALDEN GREEN SE, CALGARY

ASKING PRICE: $534,900

SELLING PRICE: $527,500

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TAXES: $2,265 (2016)

DAYS ON THE MARKET: 80

LISTING AGENTS: Bryon Howard and Shirley Wright, Re/Max House of Real Estate

The Action: With many single-family homes near man-made lakes on the Calgary market, this land-locked detached home in the city's south end had a tough time competing. After having no luck with an earlier listing, the seller brought in new agents who re-staged the property and reduced the price to the mid-$500,000s. Initial low-ball offers were rejected, but a deal was ultimately negotiated for $527,500 in late December.

"There was a lot of competition," agent Bryon Howard said.

"You could buy a brand-new home for a similar price, but without the updates … in a lake community, so buyers would chose the lake community over this one."

What They Got: Completed just two years ago, this three-bedroom house has 2,016 square feet of iving space, a built-in double garage and a fenced-in backyard spanning 34-feet.

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The inside appointments are upscale, with nine-foot ceilings and hardwood floors in the living and dining areas, as well as a granite counters and stainless steel appliances in the kitchen with sliding doors to a rear balcony.

There are four bathrooms, laundry facilities, a study and entertaining areas upstairs. The basement provides an extra guest room and recreation area that opens to the backyard.

The Agent's Take: "Most [visitors were] families looking for a newer home in a newer community," said Mr. Howard. "It was pretty typical, but it had some more updates than many homes."