Where to buy real estate in Calgary in 2019

(Henryk Sadura/Shutterstock)

There is little doubt: It’s a buyer’s market in Calgary. In the early days of April, the Calgary Real Estate Board released numbers that showed clearly how oversupply in the city was helping to drive down home prices down in this city.

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“Inventory is still high,” explained Ann-Marie Lurie, chief economist with the Calgary Real Estate Board (CREB), in the April report. “It will still take time for our market to transition towards more balanced conditions and stable pricing.” As of March 2019, the overall Calgary market had about five months of supply—meaning it would take five months for all currently listed properties to sell before there was no more inventory for buyers. “This is an improvement over the past several months,” says Lurie, “but [Calgary is] still considered oversupplied when compared to levels traditionally recorded in March.”

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But that doesn’t mean there aren’t buyers. Turns out more “affordable” properties, such as homes priced under $500,000, experienced increased sales volume. In fact, the average price of a home, according to CREB, is now $413,900, a 5% drop from April 2018. “When you start diving into the numbers, we are seeing some improvement for sales in the lower end of the detached and the attached housing sectors, but clearly the activity is not enough to offset the declines in every other product type,” Lurie explains. In a market that currently favours buyers, what’s the best move? Consider current conditions while factoring in future growth—and this is exactly what we did in this year’s Where to Buy Real Estate Now report. This year, six of Calgary’s top 10 neighbourhoods are priced below the city’s current housing average, which is a smidge above $413,000. This includes the top community of Braeside in the southwest quadrant of Calgary.

Top Neighbourhoods

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Rank	Neighbourhood	Area	Average home price (2017)	Value	Momentum	Average price vs. area	Avg. price vs. metro district	Avg. price vs. outer region	1-year price change	5-year price change	Final Star Rating
1	Braeside	ZONE C: SW	$431,700	116.07%	86.46%	52.14%	60.18%	79.78%	5.91%	7.93%	★★★★½
2	Woodbine	ZONE C: SW	$407,900	104.76%	95.98%	57.60%	66.48%	88.13%	10.33%	9.54%	★★★★½
3	Southwood	ZONE C: SW	$372,700	111.16%	86.90%	54.42%	62.82%	83.28%	7.96%	7.27%	★★★★½
4	Ranchlands	ZONE A - NW	$408,600	111.61%	95.98%	63.84%	72.93%	76.09%	12.01%	9.47%	★★★★½
5	Cedarbrae	ZONE C: SW	$440,200	110.42%	85.86%	54.51%	62.93%	83.42%	7.83%	5.04%	★★★★½
6	Evergreen	ZONE C: SW	$447,300	101.93%	83.93%	58.73%	67.79%	89.87%	3.71%	11.46%	★★★★½
7	Canyon Meadows	ZONE C: SW	$454,100	99.11%	89.73%	59.68%	68.89%	91.32%	8.05%	8.71%	★★★★½
8	Hawkwood	ZONE A - NW	$357,600	82.44%	93.15%	77.79%	88.86%	92.71%	10.18%	8.75%	★★★★
9	Deer Ridge	ZONE D: SE	$513,900	108.48%	79.17%	68.50%	79.55%	73.01%	4.13%	6.54%	★★★★
10	Palliser	ZONE C: SW	$387,300	86.01%	93.75%	68.56%	79.14%	104.92%	8.67%	11.23%	★★★★
11	Deer Run	ZONE D: SE	$415,900	99.85%	76.64%	74.19%	86.16%	79.07%	5.39%	3.69%	★★★★
12	Sundance	ZONE D: SE	$449,800	83.18%	99.26%	79.66%	92.52%	84.91%	13.01%	14.04%	★★★★
13	North Haven Upper	ZONE A - NW	$461,900	84.52%	92.71%	77.05%	88.02%	91.83%	8.92%	10.06%	★★★★
14	Tuscany	ZONE A - NW	$431,400	76.79%	80.51%	79.12%	90.38%	94.30%	2.33%	13.83%	★★★★
15	Douglasdale/Glen	ZONE D: SE	$464,000	76.64%	81.40%	82.63%	95.97%	88.07%	5.04%	6.42%	★★★★
16	Arbour Lake	ZONE A - NW	$399,200	75.74%	80.65%	79.48%	90.80%	94.73%	5.54%	6.64%	★★★★
17	Millrise	ZONE C: SW	$389,600	113.39%	68.45%	53.26%	61.48%	81.50%	5.60%	3.43%	★★★★
18	Riverbend	ZONE D: SE	$536,400	98.51%	86.90%	74.63%	86.67%	79.54%	6.63%	6.58%	★★★★
19	Oakridge	ZONE C: SW	$335,900	79.02%	87.20%	71.56%	82.61%	109.51%	9.29%	4.17%	★★★★
20	Bowness	ZONE A - NW	$493,500	119.79%	51.34%	57.54%	65.73%	68.58%	4.25%	0.65%	★★★★
21	Charleswood	ZONE A - NW	$398,400	65.63%	90.18%	84.54%	96.57%	100.75%	10.28%	7.52%	★★★★
22	Midnapore	ZONE D: SE	$606,000	95.09%	80.36%	76.31%	88.63%	81.34%	5.75%	5.22%	★★★★
23	Chinook Park	ZONE C: SW	$440,800	55.95%	87.65%	80.85%	93.33%	123.72%	8.78%	5.88%	★★★★
24	Kingsland	ZONE C: SW	$377,800	101.19%	58.18%	58.81%	67.89%	89.99%	4.90%	-0.89%	★★★★
25	Greenview	ZONE A - NW	$416,200	109.52%	64.29%	64.72%	73.93%	77.13%	-0.49%	8.44%	★★★★
26	Montgomery	ZONE A - NW	$410,400	96.88%	61.61%	71.29%	81.44%	84.97%	7.72%	0.44%	★★★★
27	Somerset	ZONE C: SW	$405,300	109.38%	67.11%	54.75%	63.20%	83.79%	3.78%	3.40%	★★★★
28	Acadia	ZONE D: SE	$446,900	90.63%	65.77%	77.63%	90.16%	82.74%	7.57%	4.14%	★★★★
29	Woodlands	ZONE C: SW	$310,000	99.85%	67.41%	59.62%	68.82%	91.24%	3.52%	3.36%	★★★★
30	Albert Park/Radisson Heights	ZONE B: NE	$356,800	98.21%	66.67%	83.40%	84.78%	63.29%	4.45%	1.31%	★★★★
31	Queensland	ZONE D: SE	$439,900	109.67%	66.52%	68.34%	79.37%	72.84%	4.23%	1.64%	★★★★
32	Haysboro	ZONE C: SW	$406,400	102.68%	57.14%	58.69%	67.75%	89.81%	5.05%	-1.44%	★★★★
33	McKenzie Towne	ZONE D: SE	$374,400	88.84%	55.21%	77.84%	90.41%	82.97%	3.46%	-0.60%	★★★½
34	Country Hills	ZONE A - NW	$397,300	110.57%	49.85%	64.13%	73.26%	76.44%	2.26%	0.00%	★★★★
35	Shawnessy	ZONE C: SW	$658,400	114.43%	50.89%	53.01%	61.19%	81.11%	2.92%	0.52%	★★★★
36	University Heights	ZONE A - NW	$391,400	17.71%	99.40%	112.78%	128.84%	134.42%	11.92%	21.46%	★★★½
37	Thorncliffe	ZONE A - NW	$457,500	105.21%	67.71%	67.05%	76.59%	79.91%	2.76%	4.68%	★★★½
38	Maple Ridge	ZONE D: SE	$406,000	63.10%	81.25%	87.63%	101.78%	93.40%	11.89%	9.31%	★★★½
39	Nolan Hill	ZONE A - NW	$528,400	100.74%	56.40%	69.55%	79.45%	82.89%	4.07%	0.64%	★★★½
40	Rosemont	ZONE A - NW	$333,900	49.70%	83.78%	90.51%	103.40%	107.88%	4.42%	9.99%	★★★½
41	Vista Heights	ZONE B: NE	$418,000	85.57%	65.92%	89.83%	91.31%	68.17%	4.88%	2.06%	★★★½
42	Bridlewood	ZONE C: SW	$391,100	107.44%	53.57%	55.77%	64.37%	85.34%	3.17%	-0.45%	★★★½
43	Fairview	ZONE D: SE	$445,600	97.47%	50.15%	74.91%	87.00%	79.85%	3.98%	-1.34%	★★★½
44	North Haven	ZONE A - NW	$497,300	86.90%	61.76%	76.33%	87.20%	90.97%	1.06%	4.98%	★★★½
45	Bankview	ZONE C: SW	$381,500	89.58%	55.80%	66.35%	76.59%	101.53%	8.38%	0.21%	★★★½
46	Huntington Hills	ZONE A - NW	$434,000	108.78%	44.49%	65.35%	74.65%	77.89%	2.29%	-0.68%	★★★½
47	Sunalta	ZONE C: SW	$349,900	103.72%	63.10%	57.90%	66.84%	88.60%	7.71%	5.56%	★★★½
48	Rundle	ZONE B: NE	$514,900	75.89%	69.35%	94.14%	95.69%	71.43%	4.70%	2.88%	★★★½
49	Willow Park	ZONE D: SE	$406,200	41.37%	80.51%	98.63%	114.54%	105.12%	11.96%	6.17%	★★★½
50	Harvest Hills	ZONE A - NW	$515,700	100.00%	48.07%	69.58%	79.49%	82.93%	3.04%	-0.74%	★★★½
51	Glamorgan	ZONE C: SW	$538,400	84.82%	54.76%	68.80%	79.42%	105.28%	10.07%	-2.96%	★★★½
52	Dalhousie	ZONE A - NW	$587,400	45.98%	69.79%	92.23%	105.35%	109.92%	8.97%	1.20%	★★★½
53	Meadowlark Park	ZONE C: SW	$529,500	62.80%	61.31%	78.37%	90.46%	119.92%	5.71%	-1.67%	★★★½
54	Banff Trail	ZONE A - NW	$458,200	48.51%	73.96%	90.70%	103.61%	108.10%	8.04%	2.30%	★★★½
55	Evanston	ZONE A - NW	$466,000	78.42%	52.23%	78.49%	89.66%	93.54%	3.79%	1.06%	★★★½
56	McKenzie Lake	ZONE D: SE	$456,400	59.08%	61.61%	89.26%	103.67%	95.14%	3.69%	0.60%	★★★½
57	New Brighton	ZONE D: SE	$420,000	64.73%	51.49%	87.42%	101.53%	93.18%	1.83%	0.17%	★★★½
58	Copperfield	ZONE D: SE	$522,900	79.91%	47.62%	80.45%	93.43%	85.75%	1.67%	-0.05%	★★★½
59	Kincora	ZONE A - NW	$438,000	53.42%	64.58%	89.57%	102.32%	106.75%	4.50%	3.44%	★★★½
60	Citadel	ZONE A - NW	$590,400	89.73%	46.43%	75.03%	85.71%	89.42%	4.76%	-2.43%	★★★½
61	Hillhurst	ZONE A - NW	$404,600	28.87%	74.40%	101.14%	115.53%	120.53%	8.35%	8.48%	★★★
62	Lk Bonavista Downs	ZONE D: SE	$777,000	91.37%	52.38%	77.50%	90.01%	82.60%	13.21%	-0.36%	★★★½
63	Kelvin Grove	ZONE C: SW	$497,500	19.35%	79.91%	103.67%	119.66%	158.63%	6.20%	3.79%	★★★
64	Scenic Acres	ZONE A - NW	$344,900	62.95%	59.82%	85.22%	97.35%	101.57%	3.30%	2.34%	★★★½
65	Marlborough	ZONE B: NE	$433,600	77.38%	50.15%	92.79%	94.32%	70.41%	3.64%	0.33%	★★★½
66	MacEwan Glen	ZONE A - NW	$497,800	91.52%	27.98%	74.28%	84.85%	88.52%	1.37%	-3.86%	★★★½
67	Parkland	ZONE D: SE	$455,100	45.39%	71.13%	95.35%	110.74%	101.63%	3.92%	3.86%	★★★
68	Highwood	ZONE A - NW	$517,000	80.21%	42.71%	77.96%	89.05%	92.91%	-1.17%	0.80%	★★★½
69	Westgate	ZONE C: SW	$591,800	83.63%	35.42%	68.98%	79.62%	105.55%	3.19%	-0.89%	★★★½
70	Lake Bonavista	ZONE D: SE	$314,300	20.54%	68.75%	113.36%	131.65%	120.82%	10.56%	3.50%	★★★
71	Forest Heights	ZONE B: NE	$523,400	96.43%	40.03%	84.56%	85.95%	64.17%	4.40%	-3.00%	★★★½
72	Diamond Cove	ZONE D: SE	$486,800	37.35%	86.76%	100.25%	116.44%	106.86%	6.86%	11.22%	★★★
73	Sage Hill	ZONE A - NW	$701,700	67.41%	62.05%	83.39%	95.26%	99.38%	4.07%	2.32%	★★★
74	St. Andrews Heights	ZONE A - NW	$526,300	13.24%	89.73%	120.20%	137.31%	143.26%	10.12%	6.58%	★★★
75	Collingwood	ZONE A - NW	$315,000	51.19%	55.06%	90.16%	102.99%	107.45%	0.15%	4.03%	★★★
76	Falconridge	ZONE B: NE	$583,700	94.64%	37.05%	84.75%	86.15%	64.31%	2.99%	-5.50%	★★★½
77	Shawnee Slopes	ZONE C: SW	$721,700	65.48%	60.12%	77.88%	89.89%	119.17%	5.76%	0.93%	★★★
78	Garrison Green	ZONE C: SW	$508,000	27.08%	66.37%	96.29%	111.14%	147.34%	10.58%	-0.20%	★★★
79	Cambrian Heights	ZONE A - NW	$454,700	60.12%	46.58%	87.02%	99.41%	103.71%	-1.67%	2.22%	★★★
80	Silverado	ZONE C: SW	$467,000	97.47%	48.21%	60.66%	70.03%	92.83%	2.34%	0.17%	★★★½
81	Chaparral	ZONE D: SE	$314,700	58.33%	60.57%	89.45%	103.89%	95.34%	3.42%	1.66%	★★★
82	Erin Woods	ZONE B: NE	$526,700	95.68%	53.13%	84.67%	86.06%	64.25%	3.93%	-2.11%	★★★
83	Crescent Heights	ZONE A - NW	$542,000	50.45%	39.73%	90.22%	103.06%	107.53%	3.70%	-3.30%	★★★
84	Sunnyside	ZONE A - NW	$624,900	43.30%	59.08%	92.84%	106.06%	110.65%	4.34%	0.41%	★★★
85	South Calgary	ZONE C: SW	$416,200	52.38%	59.82%	83.37%	96.24%	127.58%	7.99%	0.53%	★★★
86	Coventry Hills	ZONE A - NW	$465,400	96.88%	32.29%	71.29%	81.44%	84.97%	1.15%	-3.92%	★★★
87	Walden	ZONE D: SE	$705,700	59.97%	58.18%	89.15%	103.53%	95.01%	3.11%	1.47%	★★★
88	Scarboro	ZONE C: SW	$341,600	30.80%	68.01%	94.15%	108.68%	144.07%	7.52%	2.50%	★★★
89	Ogden	ZONE D: SE	$1,114,000	112.65%	29.61%	65.43%	75.99%	69.74%	4.24%	-8.82%	★★★
90	Elbow Park	ZONE C: SW	$598,100	2.98%	74.40%	148.63%	171.56%	227.43%	2.47%	12.93%	★★★
91	Spruce Cliff	ZONE C: SW	$579,300	58.93%	35.71%	79.80%	92.11%	122.11%	4.00%	-2.26%	★★★
92	Killarney/Glengarry	ZONE C: SW	$710,000	67.56%	37.35%	77.29%	89.21%	118.27%	4.20%	-2.34%	★★★
93	Hounsfield Heights/Briar Hill	ZONE A - NW	$555,800	12.05%	67.11%	121.62%	138.93%	144.95%	5.45%	2.30%	★★★
94	Capitol Hill	ZONE A - NW	$554,300	38.69%	58.93%	95.21%	108.76%	113.47%	7.96%	-0.29%	★★★
95	Winston Heights/Mountainview	ZONE A - NW	$524,200	39.73%	55.65%	94.95%	108.47%	113.16%	5.12%	-0.35%	★★★
96	Renfrew	ZONE A - NW	$554,100	52.38%	38.24%	89.80%	102.58%	107.02%	3.67%	-3.33%	★★★
97	Bridgeland/Riverside	ZONE A - NW	$494,500	40.48%	57.89%	94.92%	108.43%	113.12%	3.96%	3.33%	★★★
98	Tuxedo Park	ZONE A - NW	$539,100	64.29%	43.90%	84.71%	96.76%	100.96%	5.82%	-3.61%	★★★
99	Brentwood	ZONE A - NW	$371,600	44.94%	58.04%	92.35%	105.49%	110.06%	5.25%	0.37%	★★★
100	Taradale	ZONE B: NE	$325,100	67.86%	38.54%	99.98%	101.62%	75.86%	2.42%	-5.29%	★★★
101	Abbeydale	ZONE B: NE	$679,600	90.92%	37.95%	87.47%	88.91%	66.37%	4.82%	-8.49%	★★★
102	West Hillhurst	ZONE A - NW	$397,100	15.03%	61.01%	116.42%	132.98%	138.74%	7.23%	2.82%	★★★
103	Saddle Ridge	ZONE B: NE	$421,400	55.65%	54.32%	106.84%	108.60%	81.07%	4.06%	-1.82%	★★★
104	Mayland Heights	ZONE B: NE	$387,800	45.09%	44.35%	113.37%	115.24%	86.03%	3.28%	-2.52%	★★★
105	Beddington Heights	ZONE A - NW	$945,800	107.14%	14.29%	66.43%	75.88%	79.17%	-3.00%	-6.65%	★★★
106	Pump Hill	ZONE C: SW	$470,100	6.40%	75.00%	126.19%	145.66%	193.09%	1.08%	9.49%	★★★
107	Highland Park	ZONE A - NW	$563,400	71.88%	29.76%	80.53%	91.99%	95.97%	0.40%	-2.60%	★★★
108	Sherwood	ZONE A - NW	$506,100	37.05%	57.59%	96.51%	110.25%	115.02%	4.06%	1.82%	★★★
109	Silver Springs	ZONE A - NW	$309,400	61.16%	38.10%	86.69%	99.03%	103.32%	10.04%	-4.30%	★★★
110	Forest Lawn	ZONE B: NE	$576,400	99.55%	43.75%	83.24%	84.61%	63.17%	4.71%	-3.15%	★★★
111	Mount Pleasant	ZONE A - NW	$448,200	34.82%	38.84%	98.74%	112.79%	117.68%	4.67%	-3.51%	★★★
112	Hidden Valley	ZONE A - NW	$1,300,600	85.27%	16.52%	76.78%	87.70%	91.50%	-1.72%	-4.80%	★★★
113	Britannia	ZONE C: SW	$690,200	1.49%	70.98%	173.52%	200.30%	265.53%	1.74%	7.48%	★★½
114	Signal Hill	ZONE C: SW	$584,200	35.71%	49.26%	92.08%	106.29%	140.91%	9.41%	-3.31%	★★★
115	Coach Hill	ZONE C: SW	$854,100	64.73%	23.96%	77.94%	89.97%	119.27%	3.99%	-6.73%	★★★
116	Rosedale	ZONE A - NW	$427,300	4.91%	58.93%	146.31%	167.13%	174.37%	6.12%	-0.41%	★★½
117	Redstone	ZONE B: NE	$468,400	43.90%	51.04%	114.96%	116.86%	87.24%	3.20%	-0.55%	★★½
118	Sandstone Valley	ZONE A - NW	$340,600	72.92%	33.93%	80.24%	91.66%	95.63%	2.26%	-2.80%	★★★
119	Martindale	ZONE B: NE	$340,200	81.10%	28.87%	91.64%	93.15%	69.54%	2.05%	-8.29%	★★★
120	Penbrooke Meadows	ZONE B: NE	$592,800	81.85%	35.12%	91.53%	93.04%	69.45%	4.60%	-7.26%	★★★
121	Shaganappi	ZONE C: SW	$367,600	61.01%	31.85%	79.09%	91.29%	121.02%	4.59%	-3.58%	★★★
122	Southview	ZONE B: NE	$599,200	69.35%	30.21%	98.90%	100.53%	75.05%	3.86%	-4.60%	★★★
123	Wildwood	ZONE C: SW	$577,800	58.04%	31.10%	79.94%	92.28%	122.33%	2.68%	-1.56%	★★½
124	Glendale	ZONE C: SW	$554,000	68.45%	24.26%	77.09%	88.98%	117.96%	2.38%	-3.86%	★★★
125	Rosscarrock	ZONE C: SW	$430,300	75.89%	13.84%	73.91%	85.32%	113.10%	1.22%	-6.46%	★★★
126	Skyview Ranch	ZONE B: NE	$482,100	43.15%	44.05%	115.77%	117.68%	87.85%	3.03%	-2.98%	★★½
127	Cranston	ZONE D: SE	$541,400	51.79%	24.85%	92.34%	107.25%	98.42%	1.78%	-4.57%	★★½
128	Glenbrook	ZONE C: SW	$481,100	77.68%	8.78%	72.23%	83.38%	110.53%	-0.48%	-7.75%	★★½
129	Inglewood	ZONE D: SE	$552,100	52.83%	16.22%	92.15%	107.03%	98.22%	1.69%	-7.25%	★★½
130	Mahogany	ZONE D: SE	$840,200	29.61%	26.19%	105.75%	122.82%	112.71%	1.81%	-4.32%	★★½
131	Elboya	ZONE C: SW	$505,000	12.50%	51.79%	112.10%	129.39%	171.53%	1.25%	1.38%	★★½
132	Coral Springs	ZONE B: NE	$372,900	26.79%	53.87%	135.87%	138.11%	103.10%	5.60%	-4.38%	★★½
133	Pineridge	ZONE B: NE	$337,100	65.33%	33.04%	100.33%	101.98%	76.13%	5.61%	-8.42%	★★½
134	Castleridge	ZONE B: NE	$610,100	83.18%	13.69%	90.69%	92.19%	68.82%	-1.23%	-9.48%	★★½
135	Windsor Park	ZONE C: SW	$522,700	54.91%	14.88%	81.40%	93.96%	124.56%	0.54%	-7.68%	★★½
136	Panorama Hills	ZONE A - NW	$999,900	54.17%	21.73%	89.54%	102.28%	106.71%	-0.77%	-3.87%	★★½
137	Bayview	ZONE C: SW	$655,700	4.76%	67.71%	133.40%	153.99%	204.14%	3.10%	2.77%	★★½
138	Lakeview	ZONE C: SW	$376,100	45.09%	18.30%	87.48%	100.98%	133.87%	-0.76%	-4.21%	★★½
139	Marlborough Park	ZONE B: NE	$446,700	63.24%	31.70%	101.19%	102.85%	76.78%	6.16%	-9.39%	★★½
140	Ramsay	ZONE D: SE	$716,100	69.20%	10.57%	85.56%	99.37%	91.20%	2.76%	-10.72%	★★½
141	Parkdale	ZONE A - NW	$658,400	11.31%	52.68%	122.67%	140.13%	146.20%	5.53%	0.00%	★★½
142	Cougar Ridge	ZONE C: SW	$844,000	44.05%	20.83%	87.84%	101.40%	134.42%	3.00%	-6.04%	★★½
143	Patterson	ZONE C: SW	$716,900	11.76%	38.84%	112.60%	129.98%	172.31%	6.71%	-4.52%	★★½
144	Strathcona Park	ZONE C: SW	$584,500	27.98%	26.34%	95.65%	110.41%	146.36%	4.28%	-6.09%	★★½
145	Royal Oak	ZONE A - NW	$614,100	31.10%	16.67%	100.12%	114.38%	119.33%	0.34%	-5.04%	★★½
146	Valley Ridge	ZONE A - NW	$408,700	24.11%	32.29%	105.20%	120.17%	125.37%	2.40%	-2.79%	★★½
147	Monterey Park	ZONE B: NE	$788,800	50.45%	27.53%	109.96%	111.77%	83.44%	2.34%	-8.12%	★★½
148	Christie Park	ZONE C: SW	$343,500	16.96%	38.99%	105.24%	121.48%	161.04%	4.35%	-2.59%	★★½
149	Dover	ZONE B: NE	$371,900	78.27%	14.58%	92.42%	93.94%	70.13%	2.13%	-12.95%	★★½
150	Temple	ZONE B: NE	$697,000	67.11%	7.29%	100.06%	101.71%	75.93%	-5.40%	-9.84%	★★½
151	Crestmont	ZONE C: SW	$416,100	32.59%	28.27%	92.99%	107.34%	142.30%	4.40%	-5.93%	★★½
152	Applewood Park	ZONE B: NE	$617,900	48.51%	22.47%	111.95%	113.79%	84.95%	2.28%	-9.57%	★★½
153	Edgemont	ZONE A - NW	$362,600	22.77%	30.65%	105.85%	120.91%	126.15%	-5.48%	-1.51%	★★½
154	Whitehorn	ZONE B: NE	$785,200	71.13%	7.74%	97.55%	99.16%	74.03%	-4.19%	-10.91%	★★½
155	Hamptons	ZONE A - NW	$632,700	7.59%	34.08%	134.50%	153.65%	160.30%	5.98%	-5.98%	★★
156	Rutland Park	ZONE C: SW	$652,300	50.60%	9.97%	84.41%	97.44%	129.17%	-1.95%	-7.84%	★★½
157	North Glenmore	ZONE C: SW	$563,500	46.58%	1.93%	87.03%	100.46%	133.17%	-6.59%	-10.36%	★★½
158	Auburn Bay	ZONE D: SE	$577,400	26.79%	27.83%	107.94%	125.36%	115.04%	1.86%	-4.20%	★★
159	Rocky Ridge	ZONE A - NW	$771,100	33.78%	17.11%	98.91%	112.99%	117.88%	0.68%	-4.91%	★★½
160	Parkhill	ZONE C: SW	$883,900	20.09%	14.43%	102.88%	118.75%	157.43%	-1.47%	-4.67%	★★
161	Discovery Ridge	ZONE C: SW	$777,400	8.63%	25.45%	117.93%	136.12%	180.45%	3.72%	-5.88%	★★
162	Springbank Hill	ZONE C: SW	$1,364,500	18.60%	23.51%	103.72%	119.72%	158.71%	3.99%	-6.99%	★★
163	Upper Mount Royal	ZONE C: SW	$757,300	0.74%	20.83%	182.05%	210.14%	278.57%	0.00%	-3.23%	★★
164	West Springs	ZONE C: SW	$826,500	21.73%	19.35%	101.04%	116.63%	154.61%	2.62%	-8.21%	★★
165	Altadore	ZONE C: SW	$815,800	13.69%	4.76%	110.27%	127.28%	168.74%	-2.51%	-9.06%	★★
166	Cliff Bungalow	ZONE C: SW	$1,125,800	14.73%	1.04%	108.84%	125.64%	166.55%	-6.24%	-12.09%	★★
167	Mayfair	ZONE C: SW	$969,100	2.23%	11.16%	150.20%	173.38%	229.84%	-2.78%	-6.85%	★½
168	Aspen Woods	ZONE C: SW	$1,135,254	5.65%	11.46%	129.29%	149.25%	197.85%	1.41%	-8.02%	★½

Value: Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum: Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation

For more, please see our complete methodology

Calgary’s top 3 neighbourhoods to buy

1. Braeside

Braeside is an older community that offers a mix of older bungalows and newly built infills. For many, the draw of this neighbourhood is its proximity to the Glenmore Reservoir, which is located on the Elbow River and is the primary source of drinking water for the city. While swimming isn’t allowed here, many residents do fish, canoe, row or sail on the reservoir, or bike and picnic at the shores. Due to the proximity of stores and transit, this community is very popular with singles, with over 45% of the community’s residents listing themselves as “unmarried,” according to CREB. Price is another reason why this neighbourhood is so attractive. The current average house price (for 2018) sits at $390,800, almost 40% below the average price of houses in the southwest and more than 20% less than the city’s average house price. The neighbourhood certainly offers value—and there’s also momentum. Despite Calgary’s lacklustre real estate activity over the last year, Braeside boasts an average one-year appreciation rate of 6%, and the five-year average appreciation sits at 8%.

2. Woodbine

Woodbine is a great family neighbourhood with a low crime rate and a high number of owner-occupied dwellings (just under 91% of homes are owner-occupied). With a population of just under 9,000 and an average house price of $431,700—and an average three-year appreciation rate of 20%—Woodbine is becoming a good spot for first-time buyers to set down roots. That said, buyers will need to be comfortable with a longer commute given that this neighbourhood is located at the western edge of the city of Calgary.

3. Southwood

It’s almost too easy to forget this community in Calgary’s SW quadrant. Nestled between the sought-after Canyon Meadows and this year’s No. 1-ranked neighbourhood of Braeside, Southwood offers residents easy public transit access (it has its own LRT station), as well as local amenities (including small strip malls, a library and a community garden). Once a year in June, visitors flock to this community for the annual rhubarb festival. (Did someone say pie?) Other SW communities that made this year’s top 10 list include:

Cedarbrae. If you want to live in the symbolic heart of Calgary, consider Cedarbrae. This community hosts Winterfest, the annual winter festival, as well as a very popular Stampede breakfast. Astonishingly, average house prices are almost half the area average, and the last year has seen housing values appreciate by 8%.
Evergreen. This is a large neighbourhood with a population of more than 21,000 and an average house price (in 2018) of $440,200; average appreciation over the last three years is 16%.
Canyon Meadows. In this sought-after family community with older, rancher-style bungalows and newer custom-built homes, average house prices are about 10% below the city’s average house price and five-year growth sits at 9%.
Palliser. This is one of Calgary’s smaller communities, with fewer than 3,500 residents. It’s close to the Glenmore Reservoir and to Glenmore Landing, the area’s popular retail spot. Average prices are 5% higher than average across Calgary, but momentum over the last five years means that homeowners saw an average appreciation of 11%.

Good neighbourhoods aren’t limited to the SW quadrant. In the NW, home buyers will want to check out Ranchlands and Hawkwood, while shoppers interested in neighbourhoods east of Macleod Trail—the dividing line between southwest and southeast communities—will want to consider homes in the Deer Run, Deer Ridge and Sundance neighbourhoods. These SE neighbourhoods offer amazing access to outdoor pursuits, including Fish Creek Park as well as a bike terrain park and a skate park (in Deer Ridge) that includes ramps, rails and a bowl.

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