The price on this three-bedroom home undercut a similar house a few doors away. That house still hasn't sold.CIR Realty
126 Sherwood Mount N.W., Calgary
Asking price: $749,900 (April, 2025)
Selling price: $744,000 (May, 2025)
Taxes: $4,167 (2024)
Days on the market: 14
Listing agent: Kamil Lalji, CIR Realty
This 16-year-old house with an attached double garage sits on a 33- by 113-foot lot at the base of a hill.CIR Realty
The action
In his marketing plan for this three-bedroom house, agent Kamil Lalji looked at comparables in the same district near Beacon Heights Shopping Centre in Calgary. He found that a four-bedroom house nearby had been listed for $815,000 in January and, failing to sell, had cut its price to $775,000 by April. He judged his client’s home, just a few doors away, as a better option, being slightly larger with 2,381 square feet of living space above grade and priced at $749,900. On the date set aside to consider offers one bid came in and subsequent negotiations resulted in a $744,000 deal.
“Ideally, you position yourself to be more competitive and attractive than your neighbours,” said Mr. Lalji.
“It didn’t end up going into multiple offers, we just got one and we negotiated a bit back and forth.”
Securing a sale was the primary goal.
“In downward-moving markets, you have to look at sales and see what things are moving for, and make sure your price is realistic,” Mr. Lalji said.
“That other property is still on the market.”
The eat-in kitchen has granite countertops, tile backsplashes and stainless steel appliances.CIR Realty
What they got
This 16-year-old house with an attached double garage sits on a 33- by 113-foot lot at the base of a hill.
There’s an office by the foyer, a living room with a gas fireplace and a family room upstairs.
The eat-in kitchen features granite countertops, tile backsplashes and stainless-steel appliances, as well as an island, pantry and a door to a deck with built-in planters and privacy screens.
The laundry room is upstairs as are three bathrooms.
There’s an office by the foyer and a living room with a gas fireplace.CIR Realty
The agent’s take
“It didn’t have a finished basement, but it was really well taken care of,” said Mr. Lalji.
“It has good access to different transportation routes, the airport is not too far, and you’ve got good retail options, like Costco.”
The shopping centre is nearby, just over the ridge.CIR Realty