Record $14M Asking Price in Bearspaw

A new listing in Bearspaw is on the market for a whopping $14M, the highest asking price ever on the Calgary MLS. Built by McKinley Masters Custom Homes, this 10,000 square foot mansion is not only setting a mark from a pricing perspective, but also highlighting Bearspaw as an ultra desirable exclusive community just minutes west of Calgary. With a large number of luxury acreage estates, Bearspaw is certainly a special community with tremendous appeal for high income earning Calgarians who want a little piece of paradise just minutes from the bustle of city life.
Calgary Herald Article: http://www.calgaryherald.com/business/Record+home+with+waterfall/2307204/story.html

October 2009 Calgary Real Estate Board Stats are out!

...And the news is good! The average price of a single family home in the city for October 2009 was $462,465 , up 1% from last month when the average was $459,085. Compared to the same time last year in October 2008, we are up 3% when the average was $449,100.

Inventory is down with just 3,003 listings of single family homes. Last year at this time there were 5,522 comparable properties available for sale.

Given the rising sales and decreasing supply it's evident that the real estate market in Calgary is on the rebound. Public perception is slow to change however, with many still believing we are in a slump from the hot market of 2006/2007 which is in fact not the case at all. If we compare last month to October 2007, we have in fact had an increase in the average sales price by 2%.

For a complete statistics package from the Calgary Real Estate Board for October 2009, please visit their website: http://www.creb.com/public/seller-resources/housing-statistics.php
OR stop by the Willow Creek Sales Centre where we would be happy to provide you with a hard copy.

Final Bearspaw Development Strategy Draft Meeting

When: October 26, 2009 (5:00PM - 8:00PM)
Where: The Cochrane Ranche House (101 Ranche House Road)
Why: To Review the Draft Bearspaw Community Development Strategy!

The planning process began in October of 2008 and has been focused on engaging the Bearspaw Community in a discussion about Bearspaw as it is and how it might be in the future. Preliminary concepts were presented at the end of February of 2009. Refined concepts were presented in June and survey responses provided great feedback. We are now at the point where a Draft Bearspaw Community Development Strategy is ready for public review. The purpose of this Open House is to provide area stakeholders with information regarding the Draft Bearspaw Community Development Strategy prior to the Public Hearing.

More information on the Rocky View County Website: http://www.rockyview.ca/View.aspx?GUID=ca6bee1f-cfa6-4c24-afb6-85ec56085350

Snowy Peaks

Winter has arrived early this year, and although it's cold, the mountains sure look great! If you are looking for a fantastic view lot, only minutes from Calgary, Willow Creek is the place to build!

Great Mountain Views

Taken this month (pre-snow) from lot #5!

Updated Website

Willow Creek's website has just received a fresh look and updated content. Now prospective home buyers can find lot pricing, lot dimensions & specifications and a full set of architectural controls. Check it out! http://www.willowcreekbearspaw.com

A Gaggle of Geese!

Willow Creek's newest residents enjoying the centre pond last week!