225 Kinniburgh Cove, Chestermere, Alta.
Asking price: $1,399,900 (June 2024)
Previous asking prices: $1,449,000 (May, 2024); $1,499,000 (April, 2024)
Selling price: $1,340,000 (July, 2024)
Previous selling prices: $835,000 (December, 2019); $852,000 (April, 2019)
Taxes: $6,411 (2023)
Property days on market: 83
Listing agents: Bryon Howard and Ben Archibald, eXp Realty
The action
This five-bedroom house 25 kilometres east of Calgary was packed with upscale appointments except for the one that mattered most to buyers: an enclosed, second kitchen for cooking aromatic dishes.
“People said they wanted a spice kitchen, and the layout of the property made it difficult to put in a spice kitchen, so that was our biggest challenge,” said agent Ben Archibald.
“In Eastern cultures, it’s very common, but I’ve never seen someone use it as a deal-breaker.”
Mr. Archibald managed to get an offer early on, but was disappointed when it went nowhere. He ordered new photographs and reduced the asking price twice over the summer. One tentative buyer spent weeks negotiating a deal, only to be outmanoeuvred by another buyer with an offer more appealing to the seller.
“There were a number of properties that came on around the time we listed, and nobody was selling,” Mr. Archibald said.
What they got
At the end of a cul-de-sac, this five-year-old house was built with an attached, triple garage, roughly 3,500 square feet of living space, and outdoor entertaining areas on each level overlooking the 33- by 122-foot lot.
One bedroom is on the main floor, along with an eat-in kitchen and a dining room between two entertaining areas. The larger one has a gas fireplace and double-height ceiling.
The property has family rooms and laundry rooms on both the upper and lower levels and a total of five bathrooms.
The agent’s take
“Chestermere is a lake community, so it’s really nice and really close to Calgary,” Mr. Archibald said.
“It was a massive property, very open concept and modern, and has two decks and a walkout basement.”