What are Calgary’s Most Expensive Communities?
Do you live in one of Calgary’s seven most expensive communities?
We thought it would be fun to share the seven Calgary communities with the highest median single family real estate assessments (averaged for the entire community).
All seven communities are located in SW Calgary:
#6: Elbow Park:
In sixth place is Elbow Park; Median assessed value of $1,220,000 (up over 18% from last year).
Elbow Park also is home to Calgary’s current all-time most expensive home sale ($10,300,000).
#4: Rideau Park:
In fourth place is Rideau Park; Median assessed value is $1,430,000 (up 6.7% from last year). Rideau Park is just west of Roxboro and also borders the south side of the Elbow River.
#3: Eagle Ridge:
The upscale enclave of Eagle Ridge claims third spot; Median assessment of $1,450,000 (up 4.7% from last year).
#1 & #2: Mount Royal & Bel Aire:
Tied for Calgary’s most expensive communities are Upper Mount Royal & Bel Aire; Both have a median assessed house value of $1,530,000 (Bel Aire’s median assessment rose 7% while Mount Royal’s is up 15% from 2010). Bel Aire & Mount Royal have both been amongst the most expensive property in the city for the past 30 years.
Regardless of where you live, if you’re considering selling your luxury property in the Calgary area you owe it to yourself to give the Jim Sparrow team a call.
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