Barker listed the condo for sale at $1.2 million in early May and had it under contract by July 2. The sale closed August 24, at $1.085 million. That’s a 1.3 percent loss from the $1.1 million he paid for the three-bedroom, fourth-floor condo in 2009.
“In this market, I would say that he did very well,” says Doug Horwich, the Prudential Rubloff agent who represented Barker in his 2009 purchase and his 2012 sale. “The price he sold at was very close to his purchase price, and if you look at the average marketplace, I would say a lot of other people saw a much greater discrepancy between their purchase and sale prices.”
The reason for this slimmer discrepancy, Horwich says, is “the uniqueness of the property. It’s very high-design.” Key to the home’s appeal are its situation looking southeast across Bucktown toward a sweeping skyline view and a terrace that wraps the south and east sides of the condo. “The depth of that terrace makes it outdoor living space,” Horwich says. “You can [enjoy] that skyline view from inside or outside your home, without having to go up to the rooftop.”
Horwich says that he had at least five offers on the property, with more coming in even after the property went under contract. He would not comment on Barker’s reason for selling. The Edmonton Oilers cut Barker in June following his injury-plagued 2011–12 season.