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Terry Edwardson Calgary Realtor, 35 Chapman Green, SE, South Calgary, Calgary, AB (2026)

08/22/2026

🏢 CALGARY CONDO BUYERS HAVE MORE NEGOTIATING POWER RIGHT NOW

If you’ve been thinking about buying a condo in Calgary, this is a market worth paying attention to.

There is currently plenty of condo inventory across Calgary, giving buyers more properties to compare and more time to make an informed decision. When several similar condos are competing for the same buyers, sellers also have to compete—and that can create opportunities to negotiate.

I’m seeing condos staying on the market longer, price reductions and situations where sellers are more willing to negotiate on both price and terms.

But finding a good deal on a Calgary condo isn’t simply about finding the lowest asking price.

🏢 I Look at the Entire Condo

When I’m helping a buyer, I want to know whether the condo will still make sense several years from now.

Some of the things I pay particular attention to include:

✔️ Resale potential – Is the layout, building and location something future buyers are likely to want?

✔️ Condo fees – I look for reasonable fees in relation to the size of the unit, amenities and services provided. Low fees are great, but they also need to make sense for the building.

✔️ Location – Proximity to shopping, transit, employment, recreation and everyday amenities can have a major impact on both lifestyle and future resale value.

✔️ Building quality and management – A beautifully renovated unit doesn’t necessarily mean the condominium itself is a good investment.

✔️ Reserve fund and financial health – It’s important to understand whether the condominium corporation appears financially prepared for future repairs and maintenance.

✔️ Days on market and price history – If a condo has been sitting for 30, 60 or more days—or has already had price reductions—that information can become very useful when deciding how aggressively to negotiate.

💰 Price Is Only Part of the Negotiation

Purchase price is important, but we can also look at possession date, included items, deposit and condition timelines when structuring an offer.

My goal isn’t simply to help you buy a condo for less.

It’s to help you find a well-located Calgary condo with reasonable fees, a well-managed building and strong resale potential—and then negotiate the best price and terms possible.

Whether you’re a first-time Calgary home buyer, downsizing, or considering a condo as an investment, having more inventory means you can be more selective.

There are a lot of condos for sale. The important part is knowing which ones are actually worth buying.

📩 Thinking about buying a Calgary condo? Send me your preferred area and budget. I’ll help you narrow down the options and identify the condos I believe offer the best overall value.

Terry Edwardson – Calgary Realtor®
The Real Estate Company
403-830-6920

08/16/2026

🌳 Community Spotlight: Deer Run, Calgary

Deer Run is an established southeast Calgary community offering mature streets, convenient amenities and exceptional access to Fish Creek Provincial Park.

For people who enjoy an active outdoor lifestyle, Deer Run provides easy access to walking paths, cycling routes and natural trails. Residents can enjoy morning walks, bike rides, dog walking and family outings without travelling across Calgary to find a beautiful outdoor destination.

The community features a variety of detached homes, including bungalows, split-level properties and two-storey houses. Buyers may find renovated, move-in-ready homes as well as properties offering exciting renovation potential.

Everyday shopping is conveniently located nearby at Deer Valley Market Place, with Calgary Co-op, Shoppers Drug Mart, restaurants, retailers and essential services. Bow Bottom Trail and Canyon Meadows Drive also provide convenient connections to Anderson Road, Deerfoot Trail, Macleod Trail and other parts of south Calgary.

Deer Run may be an excellent fit for:

🏡 Families seeking an established Calgary community
🌲 Buyers wanting to live near Fish Creek Provincial Park
🚴 Cyclists, runners and outdoor enthusiasts
🐕 Pet owners who appreciate nearby walking trails
🛍️ Residents wanting convenient shopping close to home
🚗 Commuters looking for practical access around south Calgary

With its natural surroundings, mature neighbourhood character and convenient southeast Calgary location, Deer Run is a community worth exploring.

Thinking about buying or selling a home in Deer Run, Calgary? Contact me for current listings, recent sales and personalized local real estate guidance.

Terry Edwardson Calgary Realtor®️
TREC — The Real Estate Company
📞 403-830-6920

08/15/2026

🏡 CALGARY LAKE COMMUNITY OR INNER CITY — WHICH LIFESTYLE IS RIGHT FOR YOU?

One of the things I enjoy about Calgary real estate is the variety of communities and lifestyles available to home buyers.

You can live in a beautiful lake community where summer weekends might mean walking down to the beach, swimming or kayaking—or you can choose an inner-city neighbourhood where restaurants, coffee shops, shopping and entertainment may be only a short walk away.

Both can offer a fantastic Calgary lifestyle. The better choice really comes down to how you want to live.

🌊 WHY CHOOSE A CALGARY LAKE COMMUNITY?

Calgary has some excellent lake communities, including Lake Chaparral, Auburn Bay, Mahogany, Sundance and Lake Bonavista.

For many buyers, the biggest attraction is having recreational amenities close to home. Depending on the community, residents may have access to a private lake, beach, swimming, kayaking, paddleboarding, fishing, skating and other activities throughout the year.

There are other advantages too:

✔️ More green space, parks and pathways
✔️ Larger homes and yards in many areas
✔️ Plenty of family-oriented amenities
✔️ Schools and recreation nearby
✔️ A quieter suburban environment
✔️ A strong community atmosphere

For families who enjoy spending time outdoors, having these amenities right in your own neighbourhood can be difficult to beat.

🏙️ WHY CHOOSE INNER-CITY CALGARY?

Inner-city living offers almost the opposite lifestyle—and that’s exactly why many buyers love it.

Neighbourhoods such as Beltline, Mission, Bridgeland, Kensington, Inglewood and Altadore put you closer to many of the restaurants, shops, entertainment districts and services Calgary has to offer.

Depending on where you live, you may be able to walk or bike to many of the places you use regularly.

Some of the advantages include:

✔️ Shorter commute to downtown
✔️ Walkable neighbourhoods
✔️ Restaurants and coffee shops nearby
✔️ Established streets and mature trees in many communities
✔️ Access to pathways, parks and the river system
✔️ Condos, townhomes and detached homes at different price points
✔️ An active urban lifestyle

Inner-city living can be especially appealing if you’d rather spend less time commuting and more time enjoying everything around you.

🏠 DON’T CHOOSE A HOME WITHOUT CHOOSING THE COMMUNITY

When I’m helping someone buy a home in Calgary, I think the neighbourhood deserves almost as much consideration as the house itself.

You can renovate a kitchen. You can replace flooring. You can finish a basement.

You can’t move the house to a different community.

Think about your commute, schools, recreation, shopping, restaurants, outdoor activities, yard requirements and what you actually enjoy doing on evenings and weekends.

A beautiful house in the wrong location may not feel like the right home for very long.

Whether your ideal Saturday involves paddleboarding on the lake or walking to your favourite inner-city restaurant, Calgary has options for both.

👇 I’d love to hear your choice: Would you rather live in a Calgary lake community 🌊 or inner city 🏙️?

If you’re considering buying a home in Calgary and aren’t sure which communities fit your lifestyle and budget, send me a message. I can help you compare your options.

Terry Edwardson – Calgary Realtor®
The Real Estate Company
403-830-6920

08/13/2026

🏡 WHY AUGUST CAN BE A GREAT TIME TO BUY A CALGARY HOME

If you’ve been thinking about buying a home in Calgary, August can be an excellent time to take a serious look at what’s available.

One of the biggest advantages I’m seeing for buyers is choice.

Many Calgary communities currently have a good selection of homes for sale. Instead of having only one or two properties that fit your needs, you may be able to compare several homes based on location, condition, renovations, lot size, layout and overall value.

That can make a big difference when making such an important purchase.

More 30, 45 and 60+ Day Listings

Not every Calgary home is selling immediately.

There are properties that have now been sitting on the market for 30, 45, 60 days or longer. A longer time on market doesn’t necessarily mean there’s anything wrong with the home.

Sometimes it was originally priced too high. Sometimes there is simply more competition. And sometimes the right buyer hasn’t come along yet.

For buyers, those listings can be worth another look.

A seller who has been on the market for 45 or 60 days may have different expectations than they did during their first week on the market.

Don’t Be Afraid to Negotiate

In my experience representing Calgary home buyers, there is almost always an opportunity to negotiate off the list price.

The real question is: How much should you negotiate?

I look closely at recent comparable sales, current competing listings, days on market, previous price reductions, property condition and the overall market before recommending an offer price.

The objective isn’t to make an extremely low offer simply because a property has been listed for a while. It’s to understand what the home is actually worth and negotiate accordingly.

And remember, price isn’t the only part of an offer that can be negotiated.

Possession date, included items, deposit, condition timelines and other terms can all help put together an offer that works for both the buyer and seller.

I continue to recommend that buyers protect themselves with appropriate financing and home inspection conditions.

More Inventory Means Less Pressure to Rush

One of the benefits of having more Calgary homes for sale is being able to compare your options.

If one home isn’t right, there may be another one nearby that is.

That gives buyers an opportunity to slow things down, do their homework and make a decision based on the home and the numbers—not simply the fear of missing out.

Sometimes the best opportunity isn’t the brand-new listing that appeared this morning. It may be the quality home that has been sitting for several weeks and is now competing against newer inventory.

If you’ve been waiting for the right opportunity to find your Calgary dream home, August may be a very good time to start looking.

🏠 Thinking about buying a home in Calgary?

Send me the communities you’re interested in along with your approximate budget. I can help you see what’s available, identify properties that may offer good value and put together a negotiation strategy when you find the right home.

Terry Edwardson – Calgary Realtor®
The Real Estate Company
📞 403-830-6920

08/11/2026

Walden Real Estate Market Update – July 2026

The Walden real estate market continued to show steady activity in July, with detached homes still attracting buyers while offering a bit more choice than we were seeing in tighter market conditions.

In July, 8 detached homes sold in Walden while 10 new listings came onto the market. Inventory finished the month at 19 homes, which worked out to 2.38 months of supply. The average detached home sale price was $663,062.

Looking at the year-to-date numbers, Walden recorded 60 detached home sales through the end of July, with 104 new listings. YTD inventory was reported at 22 homes, months of supply at 2.57, and the year-to-date average sale price was $702,274.

Walden remains one of the more attractive newer communities in south Calgary. Buyers are drawn to the area because of its newer housing, parks, pathways, green spaces, nearby shopping and restaurants, and convenient access to major routes including Macleod Trail and Stoney Trail. It also offers a good variety of detached homes, townhomes and condos, which makes it appealing to different types of buyers.

For buyers, the current numbers suggest there is some choice in the detached home market without Walden being heavily oversupplied. With 19 homes in inventory and 2.38 months of supply, buyers may have more time to compare properties than they would in an extremely tight seller’s market.

That does not mean every seller will accept a lower offer. The amount of negotiating room can depend heavily on how long the home has been listed, the condition of the property, whether it has already had price reductions and how realistic the asking price is compared with recent sales. Some homes may still attract strong interest if they are well priced and show exceptionally well.

For sellers, the fact that 8 homes sold while 10 new listings entered the market shows there is still solid buyer activity in Walden. At the same time, buyers now have options. That makes the preparation and marketing of a home increasingly important.

In this type of market, I believe sellers need to pay close attention to the details. Small repairs should be completed before listing, the home should be clean and well presented, professional photography should be used, and most importantly, the property needs to be priced correctly from the beginning.

Overpricing can cause a home to sit while buyers choose competing properties instead. Once a listing starts accumulating days on market, buyers may begin wondering why it has not sold, even if there is nothing wrong with the home.

Overall, the Walden detached real estate market in July 2026 appears relatively balanced, with enough inventory to give buyers some selection while still maintaining healthy sales activity.

If you are thinking about buying or selling a home in Walden, the community-wide numbers are a good starting point, but the value of an individual property can vary considerably depending on location, size, upgrades, lot, condition and recent comparable sales.

Terry Edwardson – Calgary Realtor®
The Real Estate Company
403-830-6920

08/07/2026

Auburn Bay Real Estate Market Update – July 2026

The detached home market in Auburn Bay remained active in July, and the numbers show that demand is still holding up well in this popular southeast Calgary lake community.

During July, there were 16 detached home sales, while only 15 new listings came onto the market. Inventory finished the month at 22 homes, which worked out to just 1.38 months of supply.

The average sale price for detached homes in Auburn Bay reached $1,040,500 in July.

That number is going to stand out, but it is important to understand what it really means.

I would not look at one month with an average price over $1 million and assume that every detached home in Auburn Bay suddenly increased dramatically in value. There were only 16 sales during the month, so a few larger or more expensive homes can have a big impact on the average.

That is exactly why I always look beyond one headline number.

Year to date, Auburn Bay has recorded:

• 115 detached home sales
• 155 new listings
• 22 homes in inventory
• 1.34 months of supply
• $828,109 average sale price

That year-to-date average gives us much better perspective on what has been happening throughout 2026.

For sellers, the biggest takeaway is that detached inventory remains fairly tight. With only 1.38 months of supply in July, well-priced homes can still attract strong interest.

However, low inventory does not mean every home will sell quickly regardless of price.

Buyers are paying attention. They are comparing homes carefully, looking at condition, upgrades, location, lot size, basement development and recent comparable sales. If a home is priced too high, buyers usually recognize it very quickly.

That is why I still believe proper pricing and preparation are two of the most important things a seller can control.

Before listing, I recommend taking care of even the small repairs. Fix the dripping faucet, tighten loose cabinet hardware, touch up damaged trim, replace burned-out light bulbs and make sure the home is clean, bright and easy to show.

First impressions matter.

For buyers, Auburn Bay still offers some choice, but the lower level of detached inventory means you should be prepared when the right home comes onto the market.

That does not mean rushing into a purchase or overpaying.

I still recommend comparing recent sales, looking closely at competing properties and including appropriate conditions such as financing and a professional home inspection whenever possible.

The goal is not simply to buy a home. It is to buy the right home at a price that makes sense.

Auburn Bay continues to attract buyers because of its lake-community lifestyle, schools, pathways, nearby shopping and restaurants, and convenient access to Seton and the South Health Campus. It remains one of southeast Calgary’s most recognizable residential communities.

If you own a home in Auburn Bay, keep in mind that the community average does not determine what your individual property is worth.

Your actual value depends on things such as:

• Location within the community
• Square footage
• Lot size and orientation
• Number of bedrooms and bathrooms
• Garage size
• Basement development
• Renovations and upgrades
• Overall condition
• Recent comparable sales
• Current competing listings

Two homes only a few streets apart can have very different values.

If you are thinking about selling and would like to know what your Auburn Bay home could realistically sell for in today’s market, I can prepare a detailed home evaluation based on the most relevant recent sales and current competition.

And if you are thinking about buying in Auburn Bay, I can help you compare listings, review recent sales and identify where there may be room to negotiate.

Terry Edwardson – Calgary Realtor®
The Real Estate Company

08/06/2026

Mahogany Calgary Real Estate Market Update | July 2026 Detached Homes

If you’re thinking about buying or selling in Mahogany, staying informed about the local real estate market is one of the best ways to make confident decisions. July continued to show a healthy market, although conditions are becoming more balanced as inventory increases and buyers have more homes to choose from.

Here are the July 2026 detached home statistics for Mahogany:

• 27 homes sold
• 44 new listings
• 83 active listings
• 3.07 months of supply
• Median sale price: $708,000
• Average sale price: $818,269
• Average days on market: 49

While detached homes are still selling, today’s buyers have more opportunities to compare properties and negotiate than they did over the past few years. For sellers, this means proper pricing, professional marketing, and presenting your home in its best condition are becoming more important than ever.

Mahogany continues to be one of Calgary’s most desirable lake communities thanks to its beautiful private lake, beaches, parks, pathways, excellent schools, shopping, restaurants, and outstanding family-friendly lifestyle. It’s a community that continues to attract strong buyer interest year after year.

Whether you’re planning to buy your first home, move within the community, or are curious about what your Mahogany home is worth in today’s market, understanding these trends can help you make informed decisions.

Click on the link below to read my full Mahogany July 2026 Market Update, where I break down the statistics in more detail, explain what they mean for buyers and sellers, and share my insights on where the market may be headed

08/05/2026

Cranston Detached Homes Market Update – July 2026

If you’ve been following the Calgary real estate market, you know that every community tells a different story. That’s why I always encourage buyers and sellers to look at neighbourhood-specific statistics rather than relying on city-wide headlines.

Here’s what happened in the Cranston detached home market during July 2026:

• 20 homes sold
• 34 new listings
• 54 active listings
• 2.70 months of supply
• Average sale price: $825,975
• Median sale price: $770,000
• Average days on market: 34

Year-to-date:
• 140 detached homes sold
• 243 new listings
• Average inventory: 47 homes
• 2.35 months of supply
• Average sale price: $797,117

So, what do these numbers mean?

The Cranston detached home market continues to move toward a more balanced pace. Buyers have more inventory to choose from than they did a year ago, which means they’re taking a little more time to compare homes and make informed decisions. While well-maintained and competitively priced homes are still selling, sellers can no longer assume that every listing will attract multiple offers within a few days.

For sellers, presentation and pricing have become more important than ever. Completing those small repairs, making your home show at its best, and pricing it correctly from the start can have a significant impact on both the selling price and the time it takes to sell.

For buyers, today’s market offers opportunities that haven’t been available for quite some time. With more listings available, there’s less pressure to rush into a decision. You may also have more room to negotiate on price or terms while still finding an excellent home in one of Calgary’s most sought-after southeast communities.

Cranston continues to be a favourite among Calgary homebuyers thanks to its proximity to the Bow River, Fish Creek Provincial Park, schools, shopping, parks, and easy access to Deerfoot Trail and Stoney Trail. It offers a fantastic mix of family-friendly living and convenient access to the rest of the city.

Whether you’re thinking about buying your first home, moving up to something larger, or wondering what your current Cranston home is worth in today’s market, understanding local market conditions is one of the most important steps you can take.

If you’d like a free, no-obligation home evaluation or have questions about buying or selling in Cranston, I’d be happy to help.

Terry Edwardson Calgary Realtor®️
The Real Estate Company
403-830-6920

https://calgarydreamhomes.ca/blog.html/cranston-calgary-detached-homes-market-update-july-2026-9108619

08/04/2026

Lake Chaparral Detached Home Market Update | July 2026

If you’ve been watching the Lake Chaparral real estate market, July was an interesting month with a few statistics that deserve a closer look. While the numbers may seem surprising at first, they tell a much different story once you dig a little deeper.

Only 4 detached homes sold during the month, while 14 new listings came to market. Active inventory increased to 24 homes, bringing the months of supply to 6.0 months. This gives buyers more selection than we’ve seen for quite some time and creates a more balanced environment than earlier this year.

The statistic that stands out the most is the average sale price of $1,076,875.

At first glance, it may appear that Lake Chaparral home prices have jumped dramatically. However, I don’t believe that’s the case.

With only four detached home sales in July, it only takes a few luxury properties selling for over $1 million to significantly increase the average sale price. In a month with such a small sample size, average prices can be heavily influenced by higher-end sales. That’s why it’s important to look at the entire market rather than relying on a single statistic.

When comparing the year-to-date average sale price of $767,066, it’s clear that July’s average is likely an anomaly rather than a sudden increase in overall home values.

July 2026 Detached Home Statistics
• Sales: 4
• New Listings: 14
• Active Inventory: 24
• Months of Supply: 6.0
• Average Sale Price: $1,076,875
• Average Days on Market: 29

Year-to-Date
• Sales: 82
• New Listings: 123
• Average Sale Price: $767,066
• Average Days on Market: 20

As a Calgary Realtor, I always encourage homeowners to look beyond the headlines. Every neighbourhood is different, and every home has its own value based on location, condition, upgrades, lot size and buyer demand. One month’s average price rarely tells the whole story.

If you’re thinking about selling your Lake Chaparral home, I’d be happy to provide a complimentary, no-obligation market evaluation based on today’s market conditions—not automated estimates or misleading averages.

And if you’re planning to buy in Lake Chaparral, this increase in inventory could provide more opportunities and negotiating power than we’ve seen over the past several months.

Feel free to send me a message if you’d like to discuss your plans or have questions about the Calgary real estate market.

Terry Edwardson – Calgary Realtor®
The Real Estate Company

Terry Edwardson Calgary Realtor

08/22/2026

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