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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.
157 Sherwood Circle NW
Calgary
T3R 1R7
$765,000
Residential
beds: 3
baths: 3.0
1,915 sq. ft.
built: 2006
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2162831
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year Built:
- 2006
- Photos (26)
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This beautifully maintained two-storey home is nestled in the heart of Sherwood on a peaceful street, across from the park. Offering 3 bedrooms and 2.5 bathrooms, this residence combines comfort and elegance.
As you step inside, a grand open-to-above foyer greets you, leading to a main floor adorned with stunning hardwood flooring. The kitchen boasts a spacious walk-in pantry, granite countertops, and a large breakfast nook, perfect for casual dining. The living room features a cozy gas fireplace and plenty of seating space, ideal for relaxing or entertaining guests.
Upstairs, discover a generous bonus room with French doors that open to a sizable balcony, providing picturesque views of the park. The upper level also includes three well-appointed bedrooms, a full bathroom, and a luxurious ensuite off the master bedroom. Additional highlights include a large outdoor deck, granite countertops in the kitchen and master ensuite, and beautiful hardwood floors throughout the main floor.
This home is meticulously maintained. Don’t miss this opportunity to own a stunning home in a prime location.
- 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:
- 1,914.67 sq. ft.
- Main Level Finished Area:
- 846.13 sq. ft.
- Upper Level Finished Area:
- 1,068.54 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
- Signup
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 4,101 sq. ft.
- Lot Frontage:
- 39'5"
- 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:
- Southwest
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- Two
- Total Rooms Above Grade:
- 8
- Year built:
- 2006 (Age: 18)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 3.0 (Full:2, Half:1)
- Plan:
- 0511473
- Heating:
- Forced Air
- Basement:
- Full, Unfinished
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stone, Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Ceramic Tile, Hardwood, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Attached
- Parking Places:
- 4.0
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Main Level
- Sherwood (Calgary)
- Dishwasher, Dryer, Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer, Window Coverings
- NA
- Restrictive Covenant, Utility Right Of Way
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 17' × 11'8"
- Main Floor
- Dining Room
- 11'7" × 5'
- Main Floor
- Living Room
- 15'8" × 14'3"
- Main Floor
- Laundry
- 8'5" × 6'
- Main Floor
- Foyer
- 11'9" × 10'3"
- Upper Level
- Bonus Room
- 17'11" × 15'2"
- Upper Level
- Bedroom - Primary
- 13'11" × 12'10"
- Upper Level
- Bedroom
- 11'8" × 8'11"
- Upper Level
- Bedroom
- 11'8" × 9'
- Upper Level
- Walk-In Closet
- 6'4" × 5'6"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- Upper Level
- No
- 4
- Upper Level
- Yes
- 4
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Pantry, See Remarks
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- Balcony(s), Deck
- Lot Features:
- Back Yard, Backs on to Park/Green Space
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone N
- Zoning:
- R-1N
- Listed Date:
- Sep 06, 2024
- Days on Mkt:
- Signup
-
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Virtual Tour
Listed by Real Broker
Data was last updated November 3, 2024 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $747,389
- Min list price:
- $244,900
- Max list price:
- $1,179,900
- Avg days on market:
- 32
- Min days on market:
- 2
- Max days on market:
- 153
- Avg price per sq.ft.:
- $362.6
These statistics are generated based on the current listing's property type
and located in
Sherwood. 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