November 15, 2017 | Popowich Real Estate Team
The Largest Sale in Springbank in over 10 years
It is our pleasure to congratulate our sellers (and buyers) on the largest residential MLS sale in Springbank over the last 10 years.
This is one of Springbank’s most recognizable parcels, located on Range Road 31 and Township Road 245 – kitty corner to Old Banff Coach Road before it intersects with the Trans Canada Highway. From the original quarter section of 160 acres, the owner graciously donated 5+ acres to the Mountain View Lutheran Church. Rocky View County took a piece as well for road widening agreements which left 150 Acres and a custom bungalow offered to market at $5,000,000.
It was a strategic process incorporating a number of marketing & sales elements and months of negotiation talks. We are delighted that we were able to assist both the Buyer and Seller in a fair and equitable deal.
This is the second reported sale above $4,000,000 in Springbank this calendar year which demonstrates increasing buyer confidence and optimism in the Calgary real estate marketplace. Contact Jonathan directly here with any questions, or feel free to call at 403-923-4700.