Sixteen affordable Calgary communities for river living

Courtesy of CREB.  By Tyler Difley -

While waterfront real estate will always come at a premium, it’s possible to enjoy life near the river in several Calgary communities at a much more reasonable price. Here’s a selection of Calgary riverside communities with a year-to-date (YTD) benchmark price lower than the YTD citywide benchmark price of $423,300.

Bow River

Bowness
Residential benchmark price (YTD): $316,775
Residential average price (YTD): $410,889
New listings (YTD): 191
Number of residential sales (YTD): 100


Point McKay
Residential benchmark price (YTD): $352,550
Residential average price (YTD): $391,175
New listings (YTD): 52
Number of residential sales (YTD): 26


Spruce Cliff
Residential benchmark price (YTD): $402,075
Residential average price (YTD): $410,013
New listings (YTD): 132
Number of residential sales (YTD): 40


Sunalta
Residential benchmark price (YTD): $309,313
Residential average price (YTD): $291,468
New listings (YTD): 67
Number of residential sales (YTD): 22


Downtown West End
Residential benchmark price (YTD): $408,300
Residential average price (YTD): $338,226
New listings (YTD): 103
Number of residential sales (YTD): 38


Chinatown
Residential benchmark price (YTD): $296,725
Residential average price (YTD): $335,795
New listings (YTD): 63
Number of residential sales (YTD): 33


Downtown East Village
Residential benchmark price (YTD): $370,263
Residential average price (YTD): $351,926
New listings (YTD): 124
Number of residential sales (YTD): 32


Ogden
Residential benchmark price (YTD): $319,588
Residential average price (YTD): $310,715
New listings (YTD): 87
Number of residential sales (YTD): 58


Riverbend
Residential benchmark price (YTD): $390,113
Residential average price (YTD): $414,832
New listings (YTD): 125
Number of residential sales (YTD): 74


Deer Run
Residential benchmark price (YTD): $384,313
Residential average price (YTD): $397,738
New listings (YTD): 57
Number of residential sales (YTD): 45


Elbow River

Beltline
Residential benchmark price (YTD): $246,725
Residential average price (YTD): $316,831
New listings (YTD): 640
Number of residential sales (YTD): 260


Erlton
Residential benchmark price (YTD): $395,350
Residential average price (YTD): $510,131
New listings (YTD): 52
Number of residential sales (YTD): 18


Mission
Residential benchmark price (YTD): $234,075
Residential average price (YTD): $343,554
New listings (YTD): 135
Number of residential sales (YTD): 76


Cliff Bungalow
Residential benchmark price (YTD): $382,188
Residential average price (YTD): $438,563
New listings (YTD): 55
Number of residential sales (YTD): 24


Rideau Park
Residential benchmark price (YTD): $287,138
Residential average price (YTD): $530,829
New listings (YTD): 31
Number of residential sales (YTD): 12


Windsor Park
Residential benchmark price (YTD): $347,913
Residential average price (YTD): $367,518
New listings (YTD): 115
Number of residential sales (YTD): 39


SOURCE: CREB®. All stats are accurate through August 2019.

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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