The top 5 Calgary communities for ROI in 2018

Money Sense Magazine recently released their list of top neighbourhoods for Calgary, and while the list may surprise you, it won’t once you see these numbers. Money Sense bases their rankings on return on investment and where is an excellent place to buy a home right now, turns out these five Calgary communities are amazing investments.

  1. Kingsland: this southwest community is bounded to the north by Glenmore Trail, to the east by Macleod Trail, to the south by Heritage Drive and to the west by Elbow Drive. The average home price is $522,587:
    • One-year price change is 9.55%
    • Five-year price change is 27.32%
    • 74% value
    • 79% momentum
  2. Bowness: this is a well-established community Calgary’s NW, bounded by 16th Avenue and the Bow River. Bowness is situated between two parks: Edworthy Park and Bowness Park, which was reopened and rejuvenated in February 2015.  The average home price is $510,417:
    • One-year price change is 5.25%
    • Five-year price change is 31.71%
    • 65% value
    • 88% momentum
  3. Evanston: located near the northwest edge of the city, it is bounded by the Kincora, Shaganappi Trail, Sage Hill and Sarcee Trail to the west. The average home price is $512,851:
    • One-year price change is 2.52%
    • Five-year price change is 23.29%
    • 64% value
    • 75% momentum
  4. Greenview: this northeast community is bounded by 64 Avenue, Deerfoot Trail, McKnight Boulevard and Edmonton Trail. The average home price is $424,855:
    • One-year price change is 9.92%
    • Five-year price change is 17.14%
    • 85% value
    • 69% momentum
  5. Acadia: the southeast community of Acadia is bounded by Macleod Trail and the Bow River in Calgary’s southeast, lies the established community of Acadia. The average home price is $456,662:
    • One-year price change is 4.66%
    • Five-year price change is 20.99%
    • 69% value
    • 69% momentum

If you’re interested in learning more about these communities and the homes available there, check out our website. And for any questions about capitalizing on your real estate investment, or home buying in general, always feel free to contact us.

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