Thread: Calgary Economy
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Old Posted Aug 18, 2009, 10:00 PM
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Distill3d Distill3d is offline
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Location: Vancouver (Burnaby), British Columbia
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I'd hope this was the right spot for this:

Former Calgary Flame sets new real estate record in Calgary

A mansion built for former Calgary Flames goalie Mike Vernon has sold for $10.3 million, setting a new residential real estate record in the city.

The beautiful home is in Elbow Park and is a stunning 12,700 square feet.

It has custom inlay hardwood, limestone and marble floors, antique fireplaces, and even French doors that lead to river vistas.

Despite the hefty price tag, Vernon's property sold in just six weeks and came down only slightly from the listed price of $10.5 million.

The realtors who sold the home had a number of offers, and tell the Calgary Herald they think the market is quite strong right now.

A local economist says this may be an indication the housing market in Calgary is still relatively healthy.

The previous record sale in Calgary came in June 2008.

It was a six bedroom house in Crescent Heights and went for $7.5 million.

source
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