What types of homes are available in Calgary between $400,000 and $500,000?

Buyers in this range can find a variety of single-family houses, duplexes, modern condos, and townhomes in desirable communities. Many feature attached garages, open-concept layouts, and contemporary upgrades ideal for families or professionals.

Are 3 or 4-bedroom homes available in this price range?

Yes, many 3 and 4-bedroom homes are available between $400,000 and $500,000 in communities such as Cranston, Auburn Bay, Skyview Ranch, and Evanston. These properties are perfect for growing families looking for space and value.

Which Calgary areas offer the best value for homes under $500,000?

Neighborhoods like Legacy, Livingston, Copperfield, and Walden often provide newer homes with great amenities at this price point. Buyers can also find excellent value in established communities like Rundle and Deer Ridge.

Can I find new-build homes between $400,000 and $500,000?

Yes. Calgary’s growing suburban developments such as Belmont, Rangeview, and Cornerstone offer brand-new townhomes and semi-detached houses within this price range, often with builder incentives or warranties.

Are homes in this price range good for first-time buyers?

Definitely. The $400K–$500K range is popular with first-time and move-up buyers because it provides more space, newer finishes, and a balance between affordability and long-term investment value.

What features can I expect in a $400K–$500K Calgary home?

Homes in this price range typically include 3 bedrooms, 2–3 bathrooms, attached garages, updated kitchens, and private backyards. Some listings also feature finished basements or home office spaces for added versatility.

Who can help me find the best Calgary homes between $400,000 and $500,000?

Diane Richardson is a trusted Calgary Realtor® who specializes in matching buyers with the right homes for their budget and lifestyle. Diane provides up-to-date MLS® searches, personalized advice, and professional support from start to finish.

223 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2301595

This BEAUTIFULLY UPDATED inner-city gem blends TIMELESS character with MODERN upgrades. Ideally located on 2nd Avenue in SOUGHT AFTER Crescent Heights. This home sits on a picturesque tree-lined street and offers exceptional walkability to downtown,Bridgeland’s vibrant restaurants, and all amenities.Pride of ownership is evident throughout this IMMACULATE property. Upon arrival, you’re welcomed by a spacious VERANDA-perfect for relaxing and enjoying the neighborhood charm. Inside, the main floor features a large living room and a formal dining area, ideal for entertaining.The spacious kitchen is a chef’s delight, complete with QUARTZ countertops, STAINLESS STEEL appliances, an eating bar, and ample cabinetry and counter space. Adjacent to the kitchen is a bright dining area. The main floor also includes a convenient bathroom and a cozy family room with patio doors leading to a sunny SOUTH FACING DECK and fenced backyard—perfect for unwinding while taking in beautiful downtown Calgary VIEWS. Upstairs, you’ll find three bedrooms, including a generous primary suite with a walk-in closet. One of the additional bedrooms features an enclosed porch and a dedicated home office space. A full bathroom completes the upper level. The walk-up basement offers a SEPARATE Entrance and leads to a well-appointed (illegal) SUITE.This incredible home has seen NUMEROUS UPGRADES including a renovated kitchen and bathrooms, updated electrical, a custom shed, a newer roof, and a hot water tank, among many others. The LOCATION is truly UNBEATABLE-just two blocks from the Bow River pathways and Prince’s Island Park, close to Rotary Park (off-leash area), and steps from Bridgeland’s fantastic dining scene. Enjoy easy access to downtown and all nearby amenities. There is ample street parking, with the option to build a garage if desired. This home offers exceptional value in one of Calgary’s most desirable neighborhoods. Don’t miss your opportunity to own this remarkable property!

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