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What Can You Get for $500,000 When Buying a Home in Calgary?

What Can You Get for $500,000 When Buying a Home in Calgary?

Are you considering buying a home in Calgary, but wondering what you can get for your budget of $500,000? We've done some research to give you an idea of what's available in this price range.

Single-Family Homes under $500K

In Calgary's real estate market, $500,000 can get you a decent single-family home. For example, you may find a bungalow-style home with two to three bedrooms and two to three bathrooms, a finished basement, and a garage. 

Brand New Homes under $500K

If you're looking for a brand new home, you'll be pleased to know that there are options available for under $500,000. In Calgary's real estate market, you may find newly constructed single-family homes in popular neighborhoods like Mahogany, Cranston, and Evanston. These homes typically offer modern finishes and features, and may have two to three bedrooms, two to three bathrooms, and a garage.

Townhouses for sale under $500,000

For those who prefer a more low-maintenance lifestyle, a townhouse may be a great option. In Calgary, you can find townhouses with two to three bedrooms, two to three bathrooms, and a garage for around $500,000. 

Condos for sale from $300,000 to $500,000

If you're looking for a more affordable option or a downtown location, a condo may be the way to go. For $500,000, you can find a two-bedroom, two-bathroom condo with underground parking in Calgary's downtown core. Some of these condos may even have amazing views of the city skyline or the Bow River.

Keep in mind that the location, size, and condition of the property can affect the price of the home. The above examples are just a rough estimate of what you can get for your budget of $500,000 in Calgary's real estate market. 

Contact information #130, 703 - 64th Ave. S.E., Calgary, AB, T2H 2C3 Cell: 403-397-3706diane@mypadcalgary.com

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.