Sixteen affordable Calgary communities for river living

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

By

Tyler Difley