What types of homes can I buy in Calgary for under $400,000?

Buyers can find a range of affordable Calgary homes under $400,000 including condos, townhouses, duplexes, and select single-family houses in established or up-and-coming neighborhoods. Many offer updated interiors, garages, and easy access to transit.

Are there detached houses under $400,000 in Calgary?

Yes, detached homes are available in this price range, especially in areas such as Erin Woods, Dover, Temple, Abbeydale, and Penbrooke Meadows. Some may need light renovations, but they offer excellent value and land ownership potential.

Which Calgary neighborhoods are best for first-time buyers?

Neighborhoods such as Skyview Ranch, Copperfield, Legacy, Saddle Ridge, and McKenzie Towne are popular among first-time buyers thanks to their affordability, newer builds, and strong community amenities.

Can I buy a new-build home under $400,000?

Yes, select new-construction condos and townhomes are available under $400,000 in developments around Seton, Livingston, Cornerstone, and Belmont. These properties feature modern designs, energy-efficient layouts, and builder warranties.

Are condos and townhomes a good option under $400,000?

Absolutely. Condos and townhouses dominate this price range, offering low-maintenance living, modern amenities, and convenient access to schools, parks, and shopping. They are ideal for young professionals, downsizers, or investors.

Is $400,000 enough for an investment property in Calgary?

Yes. Investors often find solid opportunities under $400,000, especially in multi-unit condo complexes or older detached homes suitable for upgrades and rental income. Calgary’s strong rental demand makes this price point attractive for long-term value growth.

Who can help me find the best Calgary homes under $400,000?

Diane Richardson is an experienced Calgary Realtor® who specializes in affordable and entry-level real estate. Diane offers customized MLS® searches, local expertise, and personalized guidance to help you find the right home within your budget.

36 Castlebrook Way NE in Calgary: Castleridge Detached for sale : MLS®# A2286378

Welcome to 36 Castlebrook Way NE , a two-storey home in the heart of Castleridge offering space, functionality, and immediate possession. With over 1,240 sq ft above grade plus more than 590 sq ft of developed space below grade, this detached home provides a practical layout that works beautifully for families and first-time buyers alike. The main floor greets you with a bright living room highlighted by a large front window that fills the space with natural light. Just beyond, you’ll find a dining area and a spacious kitchen with plenty of cabinetry and room for everyday meals. A convenient 2-piece bath completes the main level. Upstairs, you’ll appreciate three comfortable bedrooms, including a generously sized primary bedroom, along with a full 4-piece bathroom. The layout offers separation between living and sleeping areas, creating a comfortable retreat at the end of the day. The fully finished basement adds valuable flexibility with a large rec room, a dedicated office, a 3-piece bathroom, and generous storage and utility space. Whether you need room to work from home, set up a play area, or create a cozy media space, there’s plenty of opportunity here. Set on a 4,359 sq ft lot, the fenced backyard offers space to garden, relax, or entertain. In addition to the existing shed, there is a double garage/carport with convenient back lane access that offers exciting potential. Located close to parks, playgrounds, schools, and just minutes from Prairie Winds Park, this home offers exceptional value in an established, family-friendly community with year-round recreation at your doorstep. Whether you’re looking to move right in or update over time to add your own personal touch, this is a fantastic opportunity to own a detached home in Castleridge at an accessible price point. Book your private showing today and see the potential for yourself!