On January 5, 2016 the Calgary Real Estate Board updated their Calgary MLS community boundaries and names to align with the existing City of Calgary communities. The changes came about in an effort to increase database integrity and eliminate naming communities that do not formally exist or are not formally recognized by the City. This allowed for both CREB and the City to better share, compare and analyze housing data. Generally speaking the ‘Estate’ communities have disappeared and are incorporated into the surrounding communities.
As a result Varsity Acres, Varsity Village and Varsity Estates are now known as the single community named Varsity.
While this might make it easier for data sharing with City, it really skews real estate data. Previous to this change, sales data would have been obtainable by each distinct area of Varsity. Now it is all part of one big ‘Varsity’ area.
Even though the Calgary Real Estate Board lumps all of the sales data into one area, the McCabe Hughes team has the ability to extrapolate the sales data & market information that is most relevant to your specific area within Varsity. Our ability to provide you with the most accurate & relevant data helps determine the true market value and empower you when it comes time to selling your property. Determining the right list price will help sell your property quicker and for more money than you might have thought possible. Ask us for a detailed CMA (Comparative Market Analysis) of your property in your unique part of Varsity.