03-06-2013, 02:16 PM
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#2
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NOT Chris Butler
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If you are going to be on Bonavista Dr, that's the place to be.
OT, I have been in that house. I am pretty sure I have been in that house at some point in my teens too.
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03-06-2013, 02:30 PM
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#3
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Franchise Player
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Interesting. I assume (not being familiar with the neighbourhood values) that 399 is way under for this house, and they put it up at that price to get lots of interest/offers for their "auction?"
Of course, maybe people see the green carpet and panelling, and think, "nah"
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03-06-2013, 03:17 PM
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#4
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RealtorŪ
Join Date: Feb 2009
Location: Calgary
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Interesting. March 14th 4 pm is the deadline to submit an offer.
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03-06-2013, 03:22 PM
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#5
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#1 Goaltender
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Sweet! Grass in the basement! Joking aside though, it is a complete gut job. Great neighborhood. I'll just wait on Sliver to come in with his opinion...
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03-06-2013, 03:36 PM
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#6
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RealtorŪ
Join Date: Feb 2009
Location: Calgary
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bump this thread the week following the 14th and Ill let you know what it went for!!
Should we take guesses?
Ill say 455k (thats without doing any research on it)
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03-06-2013, 05:13 PM
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#7
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Lifetime Suspension
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Quote:
Originally Posted by Realtor 1
bump this thread the week following the 14th and Ill let you know what it went for!!
Should we take guesses?
Ill say 455k (thats without doing any research on it)
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Not sure what it will go for. 455 sounds like a solid deal for the neighbourhood, put 100K and you have a nice house.
Can't wait for the news of a house selling 55K over asking though 
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03-06-2013, 06:02 PM
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#8
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Scoring Winger
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I do a lot of business in this neighborhood and I'd peg the value at around 450, based on the work it needs. But I think it will go for less than that. I've seen this type of auction done before in the neighborhood, and the house ended up selling for less than what I thought it was worth.
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03-07-2013, 09:33 AM
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#9
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#1 Goaltender
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Quote:
Originally Posted by Red
Not sure what it will go for. 455 sounds like a solid deal for the neighbourhood, put 100K and you have a nice house.
Can't wait for the news of a house selling 55K over asking though |
I think it needs a lot more than 100K. Probably double that IMO but I guess that depends on the finishings. I could see the kitchen costing a minimum 50K and that doesn't include moving walls and such.
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03-07-2013, 10:26 AM
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#10
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Lifetime Suspension
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Quote:
Originally Posted by red sky
I think it needs a lot more than 100K. Probably double that IMO but I guess that depends on the finishings. I could see the kitchen costing a minimum 50K and that doesn't include moving walls and such.
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Depends on what you want done obviously. A 50K kitchen would be an overkill for this house. 200K would make that the most expensive small house in the neighbourhood and that's not a smart thing to do.
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03-12-2013, 04:41 PM
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#11
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Guest
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Quote:
Originally Posted by pylon
If you are going to be on Bonavista Dr, that's the place to be.
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It's right in that playground zone, no?
My guess is it will go $489k. (IMO that won't be a smokin' great deal... getting it for $435k will be closer to a deal.)
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03-12-2013, 09:03 PM
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#12
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Scoring Winger
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A fixer upper bungalow listed in Parkland yesterday on a good street for 425K and it sold for 505k. Will be interesting to see where this Bonavista one ends up.
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03-13-2013, 07:26 AM
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#13
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Playboy Mansion Poolboy
Join Date: Apr 2004
Location: Close enough to make a beer run during a TV timeout
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Hypothetically speaking, if somebody put a house up for sale like this, and only gets one offer; do they have to accept? I'm thinking with the offer being "all cash", no conditions and full asking price.
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03-13-2013, 09:46 AM
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#14
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Franchise Player
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Quote:
Originally Posted by ken0042
Hypothetically speaking, if somebody put a house up for sale like this, and only gets one offer; do they have to accept? I'm thinking with the offer being "all cash", no conditions and full asking price.
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Nope. But the standard Calgary Real Estate Board listing contract says if you get an offer for asking price with no conditions and choose to not take it, you have to pay your agent their commission anyway.
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The Following User Says Thank You to bizaro86 For This Useful Post:
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03-15-2013, 06:56 PM
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#15
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Franchise Player
Join Date: Mar 2005
Location: Van City - Main St.
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Quote:
Originally Posted by bizaro86
Nope. But the standard Calgary Real Estate Board listing contract says if you get an offer for asking price with no conditions and choose to not take it, you have to pay your agent their commission anyway.
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I don't think that would be very enforceable though.
I imagine a seller could even argue the completion date didn't work for them, so they didn't take the offer.
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03-16-2013, 06:45 AM
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#16
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Scoring Winger
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Sold for 451,500
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03-16-2013, 11:34 AM
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#17
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#1 Goaltender
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Wow good guessing everyone!
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03-16-2013, 05:54 PM
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#18
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RealtorŪ
Join Date: Feb 2009
Location: Calgary
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^^ as for the rule on having to accept a unconditional offer...it is not true.
A seller under no circumstances has to accept any offer. A seller is not allowed to discriminate so if a offer higher than the asking price came in with all conditions and the seller rejected it then they would have a matter of days to increase their price. If they did not and there were no other active offers the buyers could look at legal action as to why the offer was not accepted and the price not adjusted.
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Toronto style bidding auction in Calgary
