How long will it take to sell?

Update: It took 21 days for an accepted conditional offer, and 32 days for a firm sale at $430,000.

It’s been a while since I’ve asked readers to guess the days on market of a new listing, but here we go. It’s pretty rare to find a house in such an atractive area for $172/sq ft in Calgary. Check out this New listing in Ranchland Estates

It needs a bit of work, but most homes of this size and era are selling for around $200/sq ft if they’re in original condition. With a major renovation, this home would likely be  selling in the $575,000 – $600,000 range.

I did a search on MLS of all active listings between 2500 – 2800 sq ft of a similar style(2-storeys and 2-storey splits). The results show 170 listings, and the lowest priced was this one. The next lowest was $474,800.

3 responses to “How long will it take to sell?

  1. I think that this one will be sold in 2 weeks and the price in between 650000-700000.

  2. It looks to be priced correctly so it shouldnt be more than a week or so. Someone is going to make some money flipping this.

  3. Update: It took 21 days for an accepted conditional offer, and 32 days for a firm sale at $430,000.

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