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Recently sold listing at 103 3000E Stewart Creek DRIVE in Canmore

I have sold a property at 103 3000E Stewart Creek DRIVE in Canmore.
This stunning 2 bedroom, 2 bathroom luxury apartment in Stewart Creek is a gem in the Canmore market. Built in 2019, it boasts a modern and functional floorplan spread across 1,135 square feet. The unit is filled with natural light and offers a tranquil setting backing onto an untouched forest. Enjoy an evening on the covered west & north facing deck, sipping wine and watching the glow of the sunset or look north to view the beautiful Canmore mountain peaks. The living room is spacious and inviting, featuring a cozy gas fireplace and large windows that flood the room with light and a warm feeling from the in-floor heating. The kitchen is a chef's dream, with upgraded finishes, including a under-sink water filtration system. The gas range and stainless steel appliances are perfect for preparing and storing food, while the open concept dining and living area is great for entertaining guests. The large master bedroom has a beautiful walk-in closet leading to the ensuite, which features a dual vanity and tiled shower. The second bedroom is located on the opposite side of the apartment, offering additional privacy and ensuite access to the main bath with a soaker tub. Other features of the apartment include in-suite laundry, central vac, and a 'flex' room, perfect for a gear closet, or home office. This unit also comes with 1 heated and titled underground parking stall along with a bonus assigned above ground parking stall and a 5x6' secured storage unit. The Versant complex is known for its quiet and nature-immersed location, as well as its access to the world-renowned golf course and local trails that lead all the way to the river and downtown. The apartment is within walking distance of a K-12 school, playground, sports fields, disc golf, wooded trails, and more. Don't miss out on the opportunity to make this beautiful apartment your new home!
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April 2023 Real Estate Market Update

With The Arrival Of Spring Will Listing Inventory Continue to Rise From The Sustained Lows of The Last 4 Months


The first quarter of 2023 has just passed and Spring has arrived! While the winter ski season was not what we have been used to, bluebird days make the spring skiing spectacular. Spring is always an amazing time in Canmore and Banff as the snow on the mountains combined with warm blue skies makes for picture perfect days. With the pathways and trails beginning to dry out we start to think about putting the skis away and breaking out our hiking boots, runners and mountain/road bikes, as we move into a late Spring and look forward to another stunning Summer in Canmore and Banff.

Only 5 years ago, pre covid we were talking about a rare balanced market which has not been the case since 2020.

Our listing inventory is still incredibly low so high demand and prices continue to draw plenty of interest when priced correctly. Buyers do not have as much urgency as they did during the pandemic but the drive and commitment to buyer something is still strong. Our months of inventory calculation is another good measurement of how the market is doing and the rule of thumb historically is that 6 months of inventory is close to a balanced market. As an example in 2019 the average Months of inventory** was 5.5 yet the average for the first quarter of 2023 is 3.5.

In regards to pricing the first quarter saw more activity in the lower price ranges and as we are starting to see new listings come on to the market we expect to see sale prices steady with a slight rise in 2023.

As an example last year we did not see the listing inventory rise much until June through August and while we are tracking to be a little ahead of that we have typically seen the market rise in March/April.

As always thank you for choosing us in your buying and selling and should you know of anyone else who may be interested in buying or selling please let us know we are never too busy for your referrals.

**Months of inventory is a calculation on the numbers of months it would take to sell all the currently listings with no new inventory coming to Market based on number of past sales**

Monthly Market Statistics - April

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New Exclusive property listed in Canmore, Canmore

I have listed a new property at 103 3000E Stewart Creek DRIVE in Canmore.
This stunning 2 bedroom, 2 bathroom luxury apartment in Stewart Creek is a gem in the Canmore market. Built in 2019, it boasts a modern and functional floorplan spread across 1,135 square feet. The unit is filled with natural light and offers a tranquil setting backing onto an untouched forest. Enjoy an evening on the covered west & north facing deck, sipping wine and watching the glow of the sunset or look north to view the beautiful Canmore mountain peaks. The living room is spacious and inviting, featuring a cozy gas fireplace and large windows that flood the room with light and a warm feeling from the in-floor heating. The kitchen is a chef's dream, with upgraded finishes, including a under-sink water filtration system. The gas range and stainless steel appliances are perfect for preparing and storing food, while the open concept dining and living area is great for entertaining guests. The large master bedroom has a beautiful walk-in closet leading to the ensuite, which features a dual vanity and tiled shower. The second bedroom is located on the opposite side of the apartment, offering additional privacy and ensuite access to the main bath with a soaker tub. Other features of the apartment include in-suite laundry, central vac, and a 'flex' room, perfect for a gear closet, or home office. This unit also comes with 1 heated and titled underground parking stall along with a bonus assigned above ground parking stall and a 5x6' secured storage unit. The Versant complex is known for its quiet and nature-immersed location, as well as its access to the world-renowned golf course and local trails that lead all the way to the river and downtown. The apartment is within walking distance of a K-12 school, playground, sports fields, disc golf, wooded trails, and more. Don't miss out on the opportunity to make this beautiful apartment your new home!
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.