718A 3rd St., Canmore, Alta.
Asking price: $925,000 (September, 2022)
Selling price: $893,398 (October, 2022)
Taxes: $3,354 (2022)
Days on the market: 21
Listing agents: Christopher Vincent and Laura Wright, Sotheby’s International Realty Canada
The action
Near Canmore’s downtown core, this semi-detached house had eight on-site tours in addition to potential buyers taking online virtual tours over three weeks this fall. Near the end of October, a local resident made a low-ball bid. Subsequent negotiations raised the selling price to $893,398, a shave of $31,602 off the list price.
“We had one offer, but there were a couple buyers snooping around, looking for deals, so we did do some negotiating,” said agent Christopher Vincent.
“We just sold a tear down across the street for over $1.5-million, and we’re representing a builder on a new construction duplex across the street that we listed at $2.5-million per side. So this is on the more affordable side for that part of the community.”
What they got
This 43-year-old house offers 578 square feet of living space on one floor, plus another 502 square feet below, where three bedrooms are located.
New flooring was recently laid in most areas, like the living and dining rooms and updated finishes were installed in the kitchen and two bathrooms. There is an exit from the kitchen to a wide deck, yard, and garage on the 25- by 130-foot lot.
The agent’s take
“It’s really rare to get something of that size of a house with a yard,” Mr. Vincent said.
“The big thing is also having a garage. People in Canmore don’t often park [cars] in their garages because it’s full of skis, bikes, and toys.”
The area is also packed with recreational outlets. “It’s in one of the most popular spots to be in town,” Mr. Vincent said.
“You’re walking distance to Main Street, where there are coffee shops, pubs and restaurants, but it still has a park-like feel in the community itself, and you’re two blocks to the river.”