Calgary home price cut three times as market wilts

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Calgary home price cut three times as market wilts
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Two weeks after coming to market last summer, only a single potential buyer had booked a visit

This four-bedroom house has 2,181 square feet of living space in a Calgary suburb where most homes are a bit smaller, averaging 1,400 to 1,900 square feet inside. Its size and location on a pond led to an asking price higher than usual for the area. But two weeks after coming to market last summer, only a single potential buyer had booked a visit.

“This got significantly more than a typical house, but not as much as we thought for the square footage with a basement suite and the size of the yard on a green space,” Mr. Howard said.

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globeandmail /  🏆 5. in CA

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