Are You Searching for Affordable Homes in Calgary?
When you’re thinking of buying a house or any Calgary property, you’ll definitely be delighted when you come across one that is relatively affordable and has great growth potential.
For those planing to move and buy a residential property, there’s a large selection of homes for sale in Calgary for you to choose from. MoneySense.ca, Canada's top personal finance website, recently released a list of the top Calgary communities that you should consider for your next home purchase.
Here are the top 10 most affordable Calgary neighbourhoods with the lowest average home prices, but with great growth potential, according to MoneySense:
No. 1: Deer Ridge (Southeast) View Homes for Sale in Deer Ridge, Calgary
Average home price: $424,220
The residential neighbourhood of Deer Ridge has an average home price of $424,220 and is considered the most affordable Calgary neighbourhood with great growth potential. Located in the southeast quadrant of Calgary, Deer Ridge is bounded to the east by Deercliff Road, to the north by Canyon Meadows Drive and to the south by Deerfield Circle.
Deer Ridge real estate is composed mainly of single family homes and several condos, apartments and townhouses. It offers great value in revenue properties, starter homes and fixer uppers. Residents have good access to the Fish Creek Park via Canyon Meadows Drive, the pathway and Bow Bottom Trail.
No. 2: Huntington Hills (Northwest & Northeast) View Homes for Sale in Hungtington Hills
Average home price : $431,163
With an average home price of $431,163, Huntington Hills is the second most affordable neighbourhood in Calgary with great growth potential. One of the city’s largest neighbourhoods with a population approaching 14,000, the north Calgary community of Huntington Hills lies on both sides of Centre St N.
Huntington Hills real estate is composed mainly of bungalows, split-level and bi-level homes from the 1960s. Just over half of all homes in this neighbourhood are single-family detached. All the rest are semi-detached and townhouses with some mid-rise apartment buildings.
No. 3: Lake Bonavista Downs (Southeast) View Lake Bonavista Downs Homes for Sale
Average home price : $462,937
The southeast Calgary neighbourhood of Lake Bonavista Downs has an average home price of $462,937 and ranks third on the list of the city’s most affordable neighbourhoods with great growth potential. Lake Bonavista Downs is perched on a hilltop above Bow Bottom Trail, beside Lake Bonavista. Directly to its south is Fish Creek Park which offers an array of outdoor lifestyle activities.
Lake Bonavista Downs real estate is composed mainly of bungalows with tons of floor space, nestled on expansive lots. It has remarkable lake view homes with convenient proximity to schools, shopping and recreation.
No. 4: Walden (Southeast) View Walden Homes for Sale
Average home price: $503,120
Located in the southeast quadrant of Calgary, the newer residential neighbourhood of Walden ranks fourth on the list of Calgary’s most affordable neighbourhoods, with average home price of $503,120. This Calgary neighbourhood is bordered to the west by Macleod Trail, to the east by the Bow River Valley and to the south by the community of Legacy.
Walden real estate is composed of townhomes, single-family and semi-detached homes and condominiums, all blended with distinct fusion architecture in a serene natural setting. Walden is a vibrant urban community with idyllic landscapes, open spaces and serene parks.
No. 5: Haysboro (Southwest) View Haysboro Homes for Sale
Average home price: $503,879
The residential neighbourhood of Haysboro has an average home price of $503,879 and ranks fifth in Calgary’s most affordable neighbourhoods with great growth potential. Located in Calgary’s southwest quadrant, Haysboro is bisected by Elbow Drive and is bounded to the north by Heritage Drive, to the south by 98th Avenue and to the east by Macleod Trail.
Haysboro real estate is composed mainly of single family detached, with multi-family buildings at Hays Farm and several high-rise apartment condominium buildings along Macleod Trail to the east. Mature trees, wonderful schools, proximity to transit and good neighbours are just some of the reasons why 21st Century families are choosing Haysboro.
No. 6: Silverardo (Southwest) View Slverado Homes for Sale
Average home price: $506,769
With an average home price of $506,769, the southwest Calgary neighbourhood of Silverado ranks sixth in the list of Calgary’s most affordable neighbourhoods with great growth potential. Located between Spruce Meadows Trail (Highway 22x) on the north and 194 Ave SW to the south, Silverado has panoramic views of the Foothills.
With at least nine home builders providing homes in this brand new developing community, Silverado real estate is composed of new, modern homes and a small number of condominium developments. A strip mall with a western theme has already been built in the community with a coffee shop, restaurants and services for growing families.
No. 7: Oakridge (Southwest) View Oakridge Homes for Sale
Average home price: $519,624
The Calgary neighbourhood of Oakridge has an average home price of $519,624 and ranks seventh on the list of Calgary’s most affordable neighbourhoods with great growth potential. Located in the city’s southwest quadrant, Oakridge is bounded by 90 Avenue SW to the north, Tsuu T’ina first nation reserve to the west and 24 Street SW to the east.
Oakridge real estate Calgary is composed of a variety of townhome and condominium complexes and more affordable homes. This large, family-oriented community was designed with beautiful green spaces and pathways meandering through the community.
No. 8: Woodbine (Southwest) View Woodbine Homes for Sale
Average home price: $520,826
Located in the southwest quadrant of Calgary, the residential neighbourhood of Woodbine ranks eighth on the list of Calgary’s most affordable neighbourhoods, with average home price of $520,826. This Calgary neighbourhood is bordered to the east by 24th Street SW and to the north by Anderson Road.
Woodbine real estate offers multi-family homes, townhouses, single family detached homes and beautiful custom built luxury homes overlooking the Fish Creek Valley and the mountains beyond. Tall popular trees line the streets and crescents of Woodbine, a family-friendly community with a pleasant lifestyle.
No. 9. Kingsland (Southwest) View Homes for Sale in Kingsland, Calgary
Average home price: $526,096
With an average home price of $526,096, Kingsland is the ninth most affordable neighbourhood in Calgary with great growth potential. The Calgary community of Kingsland is located in the city’s southwest quadrant, bounded by Glenmore Trail to the north, Heritage Drive to the south and Macleod Trail to the east.
Kingsland real estate is comprised of tidy bungalows and split-level homes common to the late 1950s. There are several high rise apartment towers along Glenmore Trail SW, some low rise condominiums along the northern edge of the neighbourhood and commercial development along Macleod Trail.
No. 10: Highland Park (Northwest) View Homes for Sale in Highland Park, Calgary
Average home price: $533,138
The residential neighbourhood of Highland Park has an average home price of $533,138 and ranks tenth in Calgary’s most affordable neighbourhoods with great growth potential. Located in Calgary’s northwest quadrant, Highland Park is bounded by McKnight Boulevard to the north, 32 Avenue N to the south and Edmonton Trail to the east.
Highland Park real estate is composed mainly of multi-family homes, with 70% of residences occupied by renters. New development in the Highland Park community is taking place and larger homes are being built. Several low-rise condo buildings have recently been completed.
For more information on the best Calgary neighbourhoods and affordable homes Calgary, consult your favourite Calgary Realtor®. You can also browse all Calgary communities by quadrant.
For those planing to move and buy a residential property, there’s a large selection of homes for sale in Calgary for you to choose from. MoneySense.ca, Canada's top personal finance website, recently released a list of the top Calgary communities that you should consider for your next home purchase. Here are the top 10 most affordable Calgary neighbourhoods with the lowest average home prices, but with great growth potential, according to MoneySense:
No. 1: Deer Ridge (Southeast) View Homes for Sale in Deer Ridge, Calgary
Average home price: $424,220
The residential neighbourhood of Deer Ridge has an average home price of $424,220 and is considered the most affordable Calgary neighbourhood with great growth potential. Located in the southeast quadrant of Calgary, Deer Ridge is bounded to the east by Deercliff Road, to the north by Canyon Meadows Drive and to the south by Deerfield Circle. Deer Ridge real estate is composed mainly of single family homes and several condos, apartments and townhouses. It offers great value in revenue properties, starter homes and fixer uppers. Residents have good access to the Fish Creek Park via Canyon Meadows Drive, the pathway and Bow Bottom Trail.
No. 2: Huntington Hills (Northwest & Northeast) View Homes for Sale in Hungtington Hills
Average home price : $431,163
With an average home price of $431,163, Huntington Hills is the second most affordable neighbourhood in Calgary with great growth potential. One of the city’s largest neighbourhoods with a population approaching 14,000, the north Calgary community of Huntington Hills lies on both sides of Centre St N. Huntington Hills real estate is composed mainly of bungalows, split-level and bi-level homes from the 1960s. Just over half of all homes in this neighbourhood are single-family detached. All the rest are semi-detached and townhouses with some mid-rise apartment buildings.
No. 3: Lake Bonavista Downs (Southeast) View Lake Bonavista Downs Homes for Sale
Average home price : $462,937
The southeast Calgary neighbourhood of Lake Bonavista Downs has an average home price of $462,937 and ranks third on the list of the city’s most affordable neighbourhoods with great growth potential. Lake Bonavista Downs is perched on a hilltop above Bow Bottom Trail, beside Lake Bonavista. Directly to its south is Fish Creek Park which offers an array of outdoor lifestyle activities. Lake Bonavista Downs real estate is composed mainly of bungalows with tons of floor space, nestled on expansive lots. It has remarkable lake view homes with convenient proximity to schools, shopping and recreation.
No. 4: Walden (Southeast) View Walden Homes for Sale
Average home price: $503,120
Located in the southeast quadrant of Calgary, the newer residential neighbourhood of Walden ranks fourth on the list of Calgary’s most affordable neighbourhoods, with average home price of $503,120. This Calgary neighbourhood is bordered to the west by Macleod Trail, to the east by the Bow River Valley and to the south by the community of Legacy. Walden real estate is composed of townhomes, single-family and semi-detached homes and condominiums, all blended with distinct fusion architecture in a serene natural setting. Walden is a vibrant urban community with idyllic landscapes, open spaces and serene parks.
No. 5: Haysboro (Southwest) View Haysboro Homes for Sale
Average home price: $503,879
The residential neighbourhood of Haysboro has an average home price of $503,879 and ranks fifth in Calgary’s most affordable neighbourhoods with great growth potential. Located in Calgary’s southwest quadrant, Haysboro is bisected by Elbow Drive and is bounded to the north by Heritage Drive, to the south by 98th Avenue and to the east by Macleod Trail. Haysboro real estate is composed mainly of single family detached, with multi-family buildings at Hays Farm and several high-rise apartment condominium buildings along Macleod Trail to the east. Mature trees, wonderful schools, proximity to transit and good neighbours are just some of the reasons why 21st Century families are choosing Haysboro.
No. 6: Silverardo (Southwest) View Slverado Homes for Sale
Average home price: $506,769
With an average home price of $506,769, the southwest Calgary neighbourhood of Silverado ranks sixth in the list of Calgary’s most affordable neighbourhoods with great growth potential. Located between Spruce Meadows Trail (Highway 22x) on the north and 194 Ave SW to the south, Silverado has panoramic views of the Foothills.With at least nine home builders providing homes in this brand new developing community, Silverado real estate is composed of new, modern homes and a small number of condominium developments. A strip mall with a western theme has already been built in the community with a coffee shop, restaurants and services for growing families.
No. 7: Oakridge (Southwest) View Oakridge Homes for Sale
Average home price: $519,624
The Calgary neighbourhood of Oakridge has an average home price of $519,624 and ranks seventh on the list of Calgary’s most affordable neighbourhoods with great growth potential. Located in the city’s southwest quadrant, Oakridge is bounded by 90 Avenue SW to the north, Tsuu T’ina first nation reserve to the west and 24 Street SW to the east. Oakridge real estate Calgary is composed of a variety of townhome and condominium complexes and more affordable homes. This large, family-oriented community was designed with beautiful green spaces and pathways meandering through the community.
No. 8: Woodbine (Southwest) View Woodbine Homes for Sale
Average home price: $520,826
Located in the southwest quadrant of Calgary, the residential neighbourhood of Woodbine ranks eighth on the list of Calgary’s most affordable neighbourhoods, with average home price of $520,826. This Calgary neighbourhood is bordered to the east by 24th Street SW and to the north by Anderson Road.Woodbine real estate offers multi-family homes, townhouses, single family detached homes and beautiful custom built luxury homes overlooking the Fish Creek Valley and the mountains beyond. Tall popular trees line the streets and crescents of Woodbine, a family-friendly community with a pleasant lifestyle.
No. 9. Kingsland (Southwest) View Homes for Sale in Kingsland, Calgary
Average home price: $526,096
With an average home price of $526,096, Kingsland is the ninth most affordable neighbourhood in Calgary with great growth potential. The Calgary community of Kingsland is located in the city’s southwest quadrant, bounded by Glenmore Trail to the north, Heritage Drive to the south and Macleod Trail to the east. Kingsland real estate is comprised of tidy bungalows and split-level homes common to the late 1950s. There are several high rise apartment towers along Glenmore Trail SW, some low rise condominiums along the northern edge of the neighbourhood and commercial development along Macleod Trail.
No. 10: Highland Park (Northwest) View Homes for Sale in Highland Park, Calgary
Average home price: $533,138
The residential neighbourhood of Highland Park has an average home price of $533,138 and ranks tenth in Calgary’s most affordable neighbourhoods with great growth potential. Located in Calgary’s northwest quadrant, Highland Park is bounded by McKnight Boulevard to the north, 32 Avenue N to the south and Edmonton Trail to the east. Highland Park real estate is composed mainly of multi-family homes, with 70% of residences occupied by renters. New development in the Highland Park community is taking place and larger homes are being built. Several low-rise condo buildings have recently been completed.
For more information on the best Calgary neighbourhoods and affordable homes Calgary, consult your favourite Calgary Realtor®. You can also browse all Calgary communities by quadrant.
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