Property Review by Mohammad Emon

What a 2024 new build corner lot in Hotchkiss actually gets you for $749K

📍 215 Sora Terrace SE · Calgary · 5 bed · 3 bath · 2413 sqft · Asking $749,700

Overall Verdict
7.4/10
💰
Price
6.8/10
📍
Location
7.6/10
🏠
Layout
7.8/10
Finishes
8.2/10
🌳
Lot
7.1/10
🚪
Curb
7.4/10
📈
Future
8.6/10

My read

This is a 2024 build on a corner lot backing greenspace, and the main floor bedroom plus full bath setup is the feature I'd want every buyer to clock right away, because it genuinely changes who this home works for. At 2,413 sqft with 5 beds, a vaulted bonus room, an unfinished basement with separate entrance, and a Built Green certification, there's a real amount of home here. The asking price sits right at the SE detached benchmark of $750,500, so understanding how the extras on this specific lot and build spec compare to active peers in Hotchkiss is the key exercise before you visit.

What I'd pay
$725,000
Active peers with similar square footage in Hotchkiss are sitting in the $664,900 to $749,784 range, and the SE detached benchmark is $700,800 with the market cooling; a buyer thinking about value on a home like this would weigh the corner lot and greenspace backing as real premiums, but would also look at what comparable closes (not just asks) are landing at in the last 60 days on Sora and Hotchkiss Manor before deciding how close to ask makes sense.

The play

If this layout appeals to you, especially the main floor bedroom and the basement separate entrance, I'd prioritize getting in person to see the greenspace backing and confirm the lot grade and landscaping obligations before anything else. Then dig into what recent closes on Sora and Hotchkiss Manor are actually finishing at versus asking, because the active comp set in Hotchkiss has been sitting an average of 49 days, which tells you buyers have some room to have a real conversation.

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Listing photos courtesy of the listing brokerage. View original listing on realtor.ca →

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