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REAL ESTATE MARKET UPDATE

 

Canmore real estate market activity and sales were on par with what we normally see with the autumn market.

With now under 100 active listings, inventory is still well below what is considered a balanced market. As we wind down the year, it is customary for the market to remain quiet December through February. We will not see an increase of new listings until early spring. In the meantime, with the market experiencing a more balanced pace of sales, skillful pricing of a listing and negotiating of a purchase will be paramount.

Prices have softened in the odd area of the market since the frenzy earlier this year but overall are well above Canmore real estate prices prior to Covid. Short term rental market prices have softened to a degree due to buyer fatigue and rising interest rates. In contrast, luxury property sales have not only risen but are also setting record sale prices.

If you are considering selling your mountain home or property or would like to enter the Canmore market, please reach out to our team. Barry and Jack have a wealth of knowledge and experience and will assist you in formulating a smart plan to make your maneuver in the Canmore market.

SIMPLE WAYS TO ENJOY THE HOLIDAY SEASON

 

After the hustle and bustle of the year and the busy weeks leading up to Christmas, the holiday season is the perfect time to kick back, relax, and enjoy simple pleasures. Bundle up and enjoy a winter activity or stay cozy by the fireplace with a beverage and snack. There are many ways to savour the holiday season! Check out these ideas to make the holiday season the most wonderful and relaxing time of the year!

Celebrate Winter and Get Moving

Bundle up, grab your skis, snowshoes, hikers, or pup and hit the great outdoors. Even a few minutes of outdoor activity, especially amongst nature, will boost your mental and physical health and well-being.

Fix Yourself a Snack

After some winter activity, warm up with any of these 45 appetizers for cold weather! From braised pork belly on homemade biscuits to maple chilli popcorn, these appetizers are sure to comfort and warm the soul!

Fix Yourself a Bevy

Sip on one or two of these cocktail recipes to beat the winter chills.

Grab a Warm Blanket

Cozy up with one of these highly-rated winter blankets. We also suggest cuddling up beside a furry friend for extra warmth and comfort! 

CANMORE & BANFF EVENTS & RESOURCES

 

Enjoy the holiday season by attending one of the many Christmas celebrations in Canmore and Banff! From live theatre and markets to mountaintop festivities and hot chocolate trails, there are plenty of festive events to enjoy! Be sure to check out our local ski hills as they are also hosting holiday events. Check out the live music, events, performances, exhibitions, screenings, and more offered by the Canmore and Banff businesses and organizations below.

Town of Canmore COVID-19 Information & Resources

Canmore Webcams

Festival of Trees
December 2 – 31

Mountain Made Christmas Market
December 17

FA-LA-LA-LA – A Musical Christmas Cabaret
December 3 – 23

Town of Canmore New Year’s Eve
December 31

Canmore Eagles

artsPlace
Movies, live comedy, exhibitions, classes, workshops, and more.

Grizzly Mountain Events
Multisport events including ultra marathons, open water swims, sup races, fun runs, and more.

Canmore Museum

Canmore Golf & Curling Club

Blake Restaurant, Brewhouse & Distillery
Tours, tastings, live music, events, and more.

Canmore Brewing Company Tasting Room & Tours
Tours, tastings, live music, events, and more.

Grizzly Paw Brewing Company
Tours, tastings, live music, events, and more.

Sheepdog Brewing
Tours, tastings, live music, events, and more.

Wild Life Distillery
Tours, tastings, live music, events, and more.

Bow Valley Primary Care Network
Exercise, parenting, nutrition, sleep, pain management, mental health classes, and more.

Town of Banff COVID-19 Information & Resources

Town of Banff Calendar of Events

Banff and Lake Louise Webcams

Banff and Lake Louise Virtual 360 Tours

Hot Chocolate Trail
November 19 – January 1

Banff Gondola Mountaintop Christmas
Weekends: November 19 – December 18
Daily: December 19 – 30

In Search of Christmas Spirit
November 23 – December 31 

Nightrise at the Banff Gondola
December 2 – March 12

A Christmas Carol
December 1 – 25

Canada The Musical
December 27 – January 8

Town of Banff New Year’s Eve
December 31

Banff Centre
Events, exhibitions, screenings, classes, and more.

Whyte Museum

Banff Sunshine Village Ski & Snowboard Resort

Lake Louise Ski Resort

Mt. Norquay Ski Resort

REAL ESTATE MARKET UPDATE

 

October sales activity was sluggish due to low inventory and rising interest rates. With around 100 active listings, inventory is still well below what is considered a balanced market. With the market experiencing a more balanced pace of sales and fewer multiple offers, skillful pricing of a listing will be key in attracting buyers and ensuring a quick sale.

Prices have softened in the odd area of the market since the frenzy earlier this year but overall are well above Canmore real estate prices prior to Covid. Short term rental market prices have softened to a degree due to buyer fatigue and the increase in interest rates. In contrast, luxury property sales have not only risen but continue to set record sale prices.

As we enter the winter real estate market, we expect a flurry of activity prior to Christmas. In the new year we predict a more balanced market in all segments with prices holding steady.

If you are considering selling your mountain home or property or would like to enter the Canmore market, please reach out to our team. Barry and Jack have a wealth of knowledge and experience and will assist you in formulating a smart plan to make your maneuver in the Canmore market.

EASY WAYS TO MAKE YOUR HOME COZY THIS WINTER

 

You may not know how to pronounce it, but chances are you’ve felt “hygge” before. Explaining what it means is tricky, since there’s no direct translation for the Danish word. It loosely translates to “coziness” or “comfort” – think of that feeling you get from snuggling under the blanket with a cup of cocoa or a glass of scotch on a cold day. Hygge is more than just an excuse to hibernate or redecorate – it’s a way to feel happier during otherwise dark and cold months. Here are some easy ways to bring a little hygge into your home.

Incorporate Natural Elements

Creating that cozy vibe doesn’t need to be expensive – it also doesn’t require a furniture shopping spree! Sometimes all it takes is incorporating aspects of nature around your home.

Try including plants to open and liven a room. Can’t keep plants alive? Add natural materials like leather, stone, and wood to your space.

Play Around with Texture

It’s true what they say: you can never have enough blankets and pillows! It’s amazing how much a well-placed throw blanket or fluffy pillow can add to the look and feel of your home.

Texture is an important part of hygge, because it’s a psychological component to the sense of touch. Seeing the texture of a knitted blanket can make you feel that sense of coziness, even from across the room! 

Embrace Books

When you picture a cozy night in, chances are the image of snuggling up in a blanket with a good book comes to mind. So why not fill a shelf with some of your favourites?

We can all agree that books have a special way of making a space feel more welcoming and lived in – this simple addition is very hygge.

CANMORE & BANFF EVENTS & RESOURCES

 

The ski hills are open and our Junior A Hockey Club, the Canmore Eagles, are back in action! Plus check out the many Christmas markets, festivals, and events starting this month and running through December! Check out the live music, events, performances, exhibitions, screenings, and more offered by the Canmore and Banff businesses and organizations below.

Town of Canmore COVID-19 Information & Resources

Canmore Webcams

Festival of Trees
December 2 – 31

Mountain Made Christmas Markets
December 10, 11 & 17

Canmore Eagles

artsPlace
Movies, live comedy, exhibitions, classes, workshops, and more.

Grizzly Mountain Events
Multisport events including ultra marathons, open water swims, sup races, fun runs, and more.

Canmore Museum

Canmore Golf & Curling Club

Blake Restaurant, Brewhouse & Distillery
Tours, tastings, live music, events, and more.

Canmore Brewing Company Tasting Room & Tours
Tours, tastings, live music, events, and more.

Grizzly Paw Brewing Company
Tours, tastings, live music, events, and more.

Sheepdog Brewing
Tours, tastings, live music, events, and more.

Wild Life Distillery
Tours, tastings, live music, events, and more.

Bow Valley Primary Care Network
Exercise, parenting, nutrition, sleep, pain management, mental health classes, and more.

Town of Banff COVID-19 Information & Resources

Town of Banff Calendar of Events

Banff and Lake Louise Webcams

Banff and Lake Louise Virtual 360 Tours

Banff Christmas Market
November 19 – 21 & 26 – 28

Bear Street Holiday Market
Weekends: November 18 – December 4

Banff Gondola Mountaintop Christmas
Weekends: November 19 – December 18
Daily: December 19 – 30

In Search of Christmas Spirit
November 23 – December 31 

Banff Craft Beer Festival
November 24 – 26

Lake Louise Audi FIS Ski World Cup
November 26 – 27 & December 2 – 4

Banff Centre
Events, exhibitions, screenings, classes, and more.

Whyte Museum

Banff Sunshine Village Ski & Snowboard Resort

Lake Louise Ski Resort

Mt. Norquay Ski Resort

REAL ESTATE MARKET UPDATE

 

September and October activity and sales are on par with what we normally see with the fall market.

Although the Canmore real estate market frenzy has come to an end, there continues to be a solid volume and pace of sales. With under 120 active listings, inventory is still well below what is considered a balanced market. Listing activity will increase through the fall but will absorb quickly if sellers price their home accurately. With the market experiencing a more balanced pace of sales and fewer multiple offers, skillful pricing of a listing will be key in attracting buyers and ensuring a quick sale.

Prices have softened in the odd area of the market since the frenzy earlier this year but overall are well above Canmore real estate prices prior to Covid. Short term rental market prices have softened to a degree due to buyer fatigue and rising interest rates. In contrast, luxury property sales have not only risen but are also setting record sale prices.

Through autumn we expect steady sales and prices. Segments of the Canmore real estate market such as luxury single family homes, will remain in seller’s territory. Other property types such as short term vacation rentals will move to a more balanced market.

If you are considering selling your mountain home or property or would like to enter the Canmore market, please reach out to our team. Barry and Jack have a wealth of knowledge and experience and will assist you in formulating a smart plan to make your maneuver in the Canmore market.

TOP WAYS TO HAVE A SPOOKTACULAR HALLOWEEN

 

Join Banff Canmore Ghost Walks on a spellbinding, outdoor tour through the sinister, historic streets of Canmore or Banff. Spend a spooktacular night with knowledgeable interpretive guides sharing spine-tingling stories. Tales of haunted hotels and landmarks, unsolved mysteries, and unexplained paranormal activity await!

Visit Fright House Morley for a truly terrifying haunted house experience! Find plenty of scares at this creepy, abandoned house.

During this spooky month, also check out 13 Iconic Halloween and Horror Movie Houses and 10 Haunted Places That You Can Actually Visit in Alberta.

Watch the scariest movies of all time with a Halloween cocktail, carve a pumpkin, or make your own Halloween piñata! To guarantee a ghoulish time on the spookiest day of the year, check out 13 Ways to Have a Safe & Spooktacular Halloween!

FALL HOME MAINTENANCE CHECKLIST

 

It has been a beautiful autumn but the cold weather is inevitable. These are the last few weeks to complete any remaining work in your yard and on the exterior of your home. It is important to perform regular maintenance both on the inside and outside of your home. This results in a home that looks good and functions well while also helping to avoid costly renovations and repairs. Small chores like cleaning the leaves from gutters or replacing weather stripping can make all the difference. All it takes is a little organization, elbow grease, and a checklist of what to do each season. Check out this Fall Home Maintenance Checklist for a few tasks to complete this autumn to ensure your home is in excellent shape.