Your property values just shot up. Here's why.
Howdy, Calgary. Cassidy Redcloud here, bringing you the latest from City Hall, where the wheels are always turnin', sometimes a little slow, sometimes at a pace that'd make a Roughneck blush.
For real though, let's talk about something that hits close to home for anyone owning a piece of this city: property values. Our real-time intelligence monitor, as of 2026-04-12T11:37:11.758Z, just dropped some interesting assessment highlights. We're seeing some pretty hefty average assessed values in areas you might not expect.
* Canada Olympic Park properties, for instance, are sitting at an average assessed value of $56,093,333 across three properties. * Nose Hill Park, with its seven properties, averages $40,863,286. * Even in Residual Ward 2, Sub Area 2E, nine properties are averaging $28,060,556.
These aren't your typical downtown high-rises, folks. These are significant public and semi-public spaces seeing their assessed value climb. It tells you a lot about how the city itself, not just the private market, is seeing the worth of our land.
Now, why does this matter to you, sittin' in your home in Glamorgan or your condo in Mission? Higher assessed values, even for these massive city properties, generally reflect an overall market trend. It means the perceived value of land in Calgary is on an upward trajectory, and that’s a conversation that’s been picking up steam at the Calgary Planning Commission. Just last month, on March 12, 2026, we saw multiple motions regarding planning reports (CPC2026-0209 and CPC2026-0143) carried unanimously, with commissioners like Nathan Hawryluk and Thom Mahler voting yes. This ongoing approval of development plans, combined with the 28 commercial/new construction permits issued this week, indicates a city that's building and valuing its assets. Keep an eye on your own assessment notices; this trend could be headed your way.
This is Calgary — we've seen the boom, we've seen the bust, and we showed up anyway.
Cassidy Redcloud, MiTL Sports Desk.
The Morning Wire crew digs into this kind of stuff every day – you can catch 'em live at mornings.live.