Saturday, March 2, 2013

Luxury home sale raises the roof on Calgary real estate prices | CTV ...

The Canadian Press
Published Friday, Mar. 1, 2013 11:11AM EST

CALGARY -- Someone believes five bedrooms, nine bathrooms, a carriage house and a yoga studio under one roof in Calgary is well worth $10.35 million.

That's the new record price that was set this week for the sale of a single-family house in Alberta's largest city.

The French country-castle style abode in the Aspen Woods neighbourhood measures more than 1,350 square metres.

It had originally been listed at $12 million, but was reduced recently to a mere $11.495 million.

Anne-Marie Lurie, chief economist with the Calgary Real Estate Board, says the current trend is a rise in the city's luxury housing market.

The previous record sale in Calgary was $10.3 million for a house in Elbow Park-Glencoe that belonged to former Calgary Flames' goalie Mike Vernon.

Source: http://www.ctvnews.ca/canada/luxury-home-sale-raises-the-roof-on-calgary-real-estate-prices-1.1177439

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