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.