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A Comparison: Bare Land Condo vs. Conventional Condo
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Ownership Structure:
- Bare Land Condo In a bare land condo, the owner holds title to both the individual unit (such as a house) and the land it sits on. However, there may still be common areas and shared amenities that are collectively owned by all the unit owners within the development
- Conventional Condo: In a conventional condo, the owner only holds title to the individual unit itself, not the land it occupies or any common areas. The land and common areas are typically owned by a homeowners' association (HOA) or condominium corporation, in which each unit owner holds a share.
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Property Type:
- Bare Land Condo: This type of condo typically involves detached or semi-detached houses, townhouses, or duplexes, where each unit owner also owns the land on which their unit is built. The common areas in a bare land condo development may include things like roads, parks, or landscaping, which are jointly maintained by the owners.
- Conventional Condo: Conventional condos usually consist of multi-unit buildings or complexes where each unit is individually owned but shares common areas and amenities such as hallways, elevators, parking lots, swimming pools, and recreational facilities. The land and common elements are collectively owned and maintained by the HOA or condominium corporation.
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Maintenance Responsibilities:
- Bare Land Condo: Unit owners in a bare land condo are typically responsible for the maintenance and upkeep of their individual units as well as the portion of the common areas assigned to them. They may have more autonomy in making decisions about the maintenance and landscaping of their property.
- Conventional Condo: Maintenance responsibilities in a conventional condo are often governed by the HOA or condominium corporation, which collects fees from unit owners to cover shared expenses such as landscaping, repairs, insurance, and amenities. Unit owners have less control over these decisions as they are typically made collectively by the HOA or condominium board.
124 Ranch Estates Drive NW
Calgary
T3G 1K3
$649,900
Residential
beds: 3
baths: 3.0
2,002 sq. ft.
built: 1979
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2175810
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year Built:
- 1979
- Photos (50)
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CALGARY LIVING AT ITS FINEST – Welcome to 124 Ranch Estates Drive NW, a spacious and practical 2-storey family home with a DOUBLE ATTACHED GARAGE in the highly sought-after community of RANCHLANDS ESTATES! Nestled on a QUIET STREET and offering over 2,400 sq ft of developed living space, this residence provides ample room for the entire family to enjoy. Inside, a functional layout awaits, crafted for easy living. The kitchen impresses with abundant cabinet space and a generously sized breakfast bar, perfect for meal prep or casual dining. Adjacent to the kitchen is the living room, where a cozy wood-burning FIREPLACE and expansive windows invite natural light in through the large patio doors. The main floor also hosts a laundry room, a 2-piece bathroom, a second living room with soaring vaulted ceilings and a skylight, and a dining area ideal for entertaining guests. Upstairs, three sizeable bedrooms await, including a versatile bonus room that works wonderfully as a family movie space, home office, or additional bedroom. This level also includes a beautifully renovated 5-piece bathroom and a large unfinished ensuite area off the primary bedroom ready for your finishing touches. Step outside from the main floor living room to a spacious deck, perfect for hosting BBQs, while the level backyard invites children’s playtime or quiet relaxation among the peaceful surroundings. A covered storage area offers extra convenience, and the private, tree-lined yard adds to the property's charm. The basement provides an expansive rec room with a 4-piece bathroom, ideal for a home gym or kids' play area. Conveniently located near tranquil walking paths and off-leash dog trails, this home also provides easy access to the mountains and all that Calgary has to offer. Embrace the perks of living in an ESTABLISHED COMMUNITY filled with family-friendly amenities. Schools, restaurants, Crowfoot Crossing Shopping Centre, dog parks, and pathways are all within close reach. If you’re looking for a spacious family home in a remarkable neighbourhood, 124 Ranch Estates Drive is the one. Contact your preferred REALTOR® today to arrange a private tour and make this exceptional property your own!
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- 2 Storey
- Total Living Area:
- 2,002 sq. ft.
- Main Level Finished Area:
- 1,049 sq. ft.
- Upper Level Finished Area:
- 953 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 982 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
- Signup
- Lot Area:
- 5,069 sq. ft.
- Lot Frontage:
- 58'11"
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- West
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- Two
- Total Rooms Above Grade:
- 7
- Year built:
- 1979 (Age: 45)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 3.0 (Full:2, Half:1)
- Plan:
- 7711287
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Wood Frame
- Structure Type:
- House
- Roof:
- Cedar Shake
- Ensuite:
- No
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- None
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Attached
- Parking Places:
- 4.0
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Main Level
- Ranchlands
- Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- none
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 15'7" × 12'6"
- Main Floor
- Dining Room
- 12'10" × 10'3"
- Main Floor
- Kitchen
- 18'8" × 9'5"
- Main Floor
- Family Room
- 16'4" × 10'11"
- Main Floor
- Laundry
- 9'8" × 9'7"
- Upper Level
- Bedroom
- 15'2" × 10'9"
- Upper Level
- Bedroom
- 10'8" × 10'6"
- Upper Level
- Bedroom - Primary
- 18'10" × 16'2"
- Basement
- Game Room
- 27'2" × 19'5"
- Basement
- Storage
- 28' × 20'
- Basement
- Storage
- 4'6" × 4'1"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 4'10" x 5'
- Upper Level
- No
- 5
- 10'8" x 5'
- Basement
- No
- 4
- 5'6" x 8'
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Interior Features:
- Beamed Ceilings, Skylight(s), Vaulted Ceiling(s)
- Exterior Features:
- Balcony, Garden, Private Yard
- Patio And Porch Features:
- Balcony(s), Deck
- Lot Features:
- Irregular Lot, Landscaped
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NW
- Zoning:
- R-CG
- Listed Date:
- Oct 31, 2024
- Days on Mkt:
- Signup
-
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Listed by MaxWell Capital Realty
Data was last updated November 4, 2024 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $525,000
- Min list price:
- $299,900
- Max list price:
- $865,000
- Avg days on market:
- 25
- Min days on market:
- 4
- Max days on market:
- 103
- Avg price per sq.ft.:
- $386.75
These statistics are generated based on the current listing's property type
and located in
Ranchlands. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
302 Royal Avenue Northwest
$439,900
MLS®#: A2175512
Bedrooms: 2
Bathrooms: 1.0
Floor Area: 1,172.18 sq. ft.
CIR Realty