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A Comparison: Bare Land Condo vs. Conventional Condo

  1. 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.
  2. 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.
  3. 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.
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144 Wolf Hollow Crescent SE
C-281 Calgary T2X 1T8

$854,000
Residential beds: 4 baths: 4.0 2,212 sq. ft. built: 2020

Main Photo: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 1: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 2: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 3: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 4: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 5: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 6: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 7: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 8: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 9: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 10: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 11: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 12: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
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Photo 49: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Photo 50: 144 Wolf Hollow Crescent SE in Calgary: C-281 Detached for sale : MLS®# A2153409
Status:
Sold
Sold Date:
Sep 14, 2024
Listed Price:
$859,900
Sold Price:
$854,000
Sold in:
33 days
Prop. Type:
Residential
MLS® Num:
A2153409
Bedrooms:
4
Bathrooms:
4
Year Built:
2020
Welcome to your dream home in the heart of Wolf Willow, Calgary’s newest river side community nestled in the Bow River Valley, bordering Fish Creek Park. This home has a definite WOW factor! As you step into this fully finished home with over $100K in additional upgrades and 3076 sq ft of professional builder-finished living space you will see no stone was left unturned. The main level open concept has 9 foot ceilings and features an inviting living room, dining room and an exquisite kitchen that will exceed your every expectation, featuring s/s double fridge/freezer combo, 6 burner gas range with grill and double ovens, and an expansive granite island with sink and bar seating. Step through the enormous wall of patio doors onto the private huge 22’ x 27’ no maintenance composite deck with gas BBQ hookup and equally low maintenance landscaping, there is even a putting green! All this surrounded by an upgraded steel post fence. The corner lot is a plus, lending additional privacy. The upper level is all about comfort, offering a cozy bonus family room and a master suite that is a true retreat, featuring walk in closet and a spacious ensuite with double sinks, soaker tub and a walk in glass shower. 2 additional bedrooms, a full bath and laundry room complete this level. The luxury tour continues downstairs, where the gorgeous additional living space awaits: an additional full sized family room with wet bar, home office and a fourth bedroom with full bathroom round out this incredible home. With numerous additional built-in cabinets, quiet triple pane windows and custom remote controlled blinds throughout, luxury Hardie Board exterior and smart home wired, this home truly has it ALL! The location is prime, only minutes from the Blue Devil Golf Course, several children’s themed playgrounds and walkways along the Bow River and the Woof Willow Off Leash Dog Park featuring 9 acres of green space and agility equipment for Fido and all his new friends! Bus routes and the nearby Somerset-Bridlewood LRT station make getting around easy at this early stage in development.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
30 Days / Neg
Suite:
No
Home Style:
2 Storey
Total Living Area:
2,212.15 sq. ft.
Main Level Finished Area:
934.03 sq. ft.
Upper Level Finished Area:
1,278.12 sq. ft.
Below Grade Finished Area:
864.4 sq. ft.
Taxes:
$5,039 / 2024
Tax Assessed Value:
777000.0
Lot Area:
4,585 sq. ft.
Lot Frontage:
93'8½"
Front Exposure:
Southwest
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2020 (Age: 4)
Bedrooms:
4
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2010133
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Other
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
Wolf Willow
Bar Fridge, Dishwasher, Dryer, Freezer, Garage Control(s), Gas Stove, Range Hood, Refrigerator, Washer, Window Coverings
Sink in Garage, 2 Sheds, TV brackets
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Dining Room
15'9" × 6'7"
Main Floor
Entrance
9'9" × 7'4"
Main Floor
Kitchen
20'5" × 9'11"
Main Floor
Living Room
18'3" × 15'9"
Main Floor
Mud Room
7'3" × 6'2"
2nd Floor
Bedroom
16'5" × 10'
2nd Floor
Bedroom
12'11" × 12'8"
2nd Floor
Bonus Room
18'9" × 12'11"
2nd Floor
Laundry
8' × 5'4"
2nd Floor
Bedroom - Primary
16'8" × 12'11"
2nd Floor
Walk-In Closet
12'1" × 4'9"
Basement
Bedroom
11'10" × 11'7"
Basement
Office
11'8" × 9'
Basement
Family Room
19'8" × 16'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 5'2"
2nd Floor
No
4
5' x 8'11"
2nd Floor
Yes
5
11'6" x 13'7"
Basement
No
4
5' x 11'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Shopping Nearby, Walking/Bike Paths
Interior Features:
Bar, Closet Organizers, No Animal Home, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
Exterior Features:
BBQ gas line
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Corner Lot, Low Maintenance Landscape, Irregular Lot, Paved
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-G
Listed Date:
Aug 12, 2024
Days on Mkt:
33
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Listed by TREC The Real Estate Company
Data was last updated September 16, 2024 at 06:05 PM (UTC)
Diane Richardson
Cell: 403-397-3706