Global Luxury Real Estate Auction Firm Enters Calgary's Thriving Market

CALGARY, Alberta, April 8, 2014 /PRNewswire/ -- Concierge Auctions, a global luxury real estate auction firm serving high-net-worth individuals through a real-time bidding solution, has announced that it will sell two noteworthy Calgary properties during a live auction on May 8th. The auction, to be conducted in cooperation with Sotheby's International Realty Canada, will be the first luxury real estate auction of its kind in Calgary.

The two properties up for Auction include a trophy equestrian property in Spruce Meadows and a prestigious lakefront estate in Bearspaw, both listed exclusively with Mark Evernden of Sotheby's International Realty Canada, will be up for auction.

The introduction of the global luxury auction concept to Calgary comes at a time when the city's luxury real estate market continues to set records and as Sotheby's International Realty Canada's Housing & Economic Outlook forecasts continued market strength in 2014.

Blue Valley Farms is a 45-acre equestrian training compound located at 242243 64 Street West, 25 minutes from downtown Calgary and a few minutes from internationally-renowned Spruce Meadows. Property features include a 6,428-square-foot indoor riding arena, a 30,000-square-foot outdoor arena, 25 horse stalls, five large fields with shelters and 12 outdoor paddocks. Additionally, an 8-car garage and workshop offer generous storage and a four-bedroom bungalow is available for an on-site manager. Originally offered for $4.6 million, Blue Valley Farms will sell to the highest bidder without reserve.

The second property to be auctioned is an elegant lakefront residence in Church Ranches Estates, 20 minutes from downtown Calgary. Located at 70 Timber Ridge Way, the 2.27-acre property features a 9,000-square-foot home with four bedrooms, four full bathrooms, imported finishes, and a 3,000-square-foot solarium with a heated pool, hot tub, tropical gardens, and direct access to the lake. Owners enjoy access to 85 acres of park and nature trails, three large lakes stocked with fish, and sandy beaches for swimming and canoeing. Originally offered for $3.99 million, the highest bidder at or above $2 million will be named the new owner.

"We've seen growing demand for high-end Calgary real estate from local and international buyers over the past year, and marketing these properties demands innovative solutions," says Evernden. "As a preferred provider of auction services to Sotheby's International Realty Affiliates, Concierge Auctions is one of the many specialized services that we're able to offer clients to showcase property listings to a very targeted and qualified audience."

"Our auction solution is growing in popularity as a smart choice for buyers, sellers and agents of the world's most premier properties," stated Laura Brady, Founder and President of Concierge Auctions. "Buyers enjoy that we identify committed sellers and instill confidence that they only have to pay what the property is worth on auction day, as the value is unfolded through live bidding. For sellers, we aggregate competition and produce a market-driven sale within their timeframe. And for agents, our partnership is simple: We increase their marketing power and produce contingency-free commissions."

The auctions of Blue Valley Farms and 70 Timber Ridge Way will be conducted on May 8th. Brokers are protected. Between now and May 7th, Blue Valley Farms will be open for preview daily from 9-12pm, and 70 Timber Ridge Way will be open for preview daily from 1-4pm. Both properties are also available for private showings by appointment. See Auction Terms and Conditions for full details. For more information, visit CalgaryLuxuryAuction.com, call (877) 751-8051 or join the social discussion at #ConciergeAuctions.

About Concierge Auctions
Concierge Auctions is a New York City-based luxury real estate auction firm founded in 2008. Concierge Auctions serves high-net-worth individuals internationally through an accelerated marketing process that obtains fair market value for high-end properties. The firm executes auctions typically valued between $2.5 million and $20 million.

About Sotheby's International Realty Canada
Combining the world's most prestigious real estate brand with local market knowledge and specialized marketing expertise, Sotheby's International Realty Canada is the leading real estate sales and marketing company for the country's most exceptional properties. With offices in over 25 residential and resort markets nationwide, our professional associates provide the highest caliber of real estate service, unrivalled local and international marketing solutions and a global affiliate sales network of over 700 offices in 49 countries to manage the real estate portfolios of discerning clients from around the world. For further information, visit www.sothebysrealty.ca.

These properties are listed for sale by Max Wright Real Estate Corporation O/A Sotheby's International Realty Canada (CREB-C214600), 101, 1550 - 8 Street SW Calgary, AB T2R 1K1. Broker Mark D. Evernden (CEVERNMA). Concierge Auctions, LLC is the provider of auction marketing services and is not a licensed auctioneer - 777 S Flagler Drive, 800W, West Palm Beach, FL 33401 (888) 966-4759. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC and Sotheby's International Realty Canada, their agents and affiliates, and the Sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate. See Auction Terms & Conditions for full details. ©2013 Sotheby's International Realty Affiliates LLC. All Rights Reserved. Sotheby's International Realty and the Sotheby's International Realty logo are registered (or unregistered) service marks used with permission. Each Sotheby's International Realty office is independently owned and operated. Neither Sotheby's, Sotheby's International Realty Affiliates LLC nor any of their affiliated companies is providing any product or service in connection with this auction event.

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SOURCE Concierge Auctions