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New property listed in Carstairs

I have listed a new property at 641 Mandalay BOULEVARD in Carstairs. See details here

All photos for illustration only, all finishings to be confirmed. New home will be completed fall 2026. Open Spaces + Happy Faces in a Country Quiet Community. Spacious south backing lot (45' x 120') with a Brand new 2,415 sq.ft. two story with attached triple garage (28'6" x 26') and side access walk-up basement. Photos from previous home built. Bright, open plan with spacious main level dining nook, kitchen with island and walk-through pantry (wood shelving) to spacious mud room (wood bench + lockers), family room with built-in shelves and fireplace, private Work From Home Office, two piece bath and spacious front entry. Three bedrooms on the upper level including 15' x 13'7" Primary suite with raised tray ceiling and large walk-in closet (wood shelving), 5 piece Ensuite, bonus room with raised tray ceiling and fireplace, laundry room and 4 piece main bath. Bright undeveloped side walk-up basement has high efficiency mechanical, roughed-in bath plumbing, and large windows for lots of natural light. Will be nicely appointed with ceiling height cabinets, quartz counter tops, upgraded lighting, vinyl plank, tile + carpet flooring, wood shelving in all closets, upgraded James Hardie (Cobble Stone color) exterior and stonework (Ecostone Alpine Tundra color). Includes GST (rebate to builder), new home warranty, 16' x 8' rear deck (vinyl cover), front sod + tree, and $7,500 appliance allowance. Great family community with school, park and pond nearby, recreation facilities, and a quick commute to Airdrie, Balzac Mall, Calgary, or hospital nearby at Didsbury. A little drive, a lot of savings! Estimated late fall 2026 possession. Photos for illustration and from previous builds.

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Market update July 2025 Update

More Supply = Softer Prices
We’re seeing the impact of economic uncertainty, politics, tariffs, and no further Bank of Canada rate cuts have created hesitation. Combined with increased competition from new construction, buyers are more cautious, and sellers are adjusting.

Inventory levels in Calgary hit 6,917 units, the highest since pre-pandemic days — thanks mostly to new construction in expanding communities.

Benchmark Price Down 4% from last year’s peak (June 2024), with apartment and row homes seeing the steepest drops — especially in the NE and North districts.

July Stats:
• 2,099 sales (down 12% YoY)
• 3,911 new listings (up 8% YoY)
• Apartments = most oversupplied at 4+ months
• Detached/Semi = relatively balanced at 3 months

Reminder: Despite the softening, prices are still well above pre-2021 levels in most areas!

Airdrie Market Update:
-Sales Down 14% YoY, mainly in apartment and row homes
- Inventory up to 543 units – highest July since 2018
- Months of supply above 3 = slight pressure on prices
- Benchmark price: $532,800 (down ~4% YoY)

Prices still holding relatively steady on a year-to-date basis.

Cochrane Market Update:
-Sales remain strong, only down 2% YTD and still 23% above long-term trends
-New listings hit record high for July, pushing inventory up
-Benchmark price: $590,000 – up 2% YoY, and up 4% YTD

-Still one of the more resilient markets in the region.

Curious how this impacts your property value or buying power? Contact me.

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and area Realtor®

Market data provided by CREB® Info. is deemed reliable but not guaranteed. Stats are for informational purposes only and may not reflect current market conditions.

All content produced under this ad is the sole property of Rene Simpson | Legacy Real Estate Services
© 2025 Rene Simpson. All rights reserved.

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