Thinking of Buying a Home in Calgary or Airdrie? Here’s What You Can Actually Get for $500K

If you're house hunting in Alberta with a $500,000 budget, you might be wondering:

Do I stay in Calgary—or could I get more by moving to Airdrie?

As a REALTOR® who helps clients buy in both cities, I can tell you firsthand:

That $500K can look very different depending on where you spend it.

Let’s break it down.

🏙️ What $500K Gets You in Calgary

In Calgary, $500,000 is a solid budget—but you’re likely looking at a condo or townhome.

Here’s what you might get:

• 2–3 bedrooms, 1.5–2 bathrooms

• 900–1,200 sq. ft.

• Underground parking or small attached garage

• Likely in outer suburbs or older infill communities

• Limited yard space

While you’ll benefit from Calgary’s urban amenities, public transit, and proximity to work or school, you’ll likely sacrifice space, privacy, and outdoor access—especially in high-demand neighbourhoods.

🏡 What $500K Gets You in Airdrie

Drive just 30 minutes north, and your $500,000 can go a lot further.

In Airdrie, you could afford:

• A detached home

• 3–4 bedrooms, 2.5 bathrooms

• ~1,400–1,700+ sq. ft.

• Double attached garage

• Private yard space

• Quiet residential neighbourhoods, often with walking paths, playgrounds, and schools nearby

Airdrie has seen major growth in the past decade, but it still offers excellent value for buyers looking for more space, newer homes, and a family-friendly vibe—all within a short commute to Calgary.

📍 Calgary vs Airdrie: Key Differences

🏁 So, Which One’s Right for You?

That depends on your lifestyle:

• Calgary might be right for you if you prioritize proximity to work, public transit, inner-city culture, or walkability.

• Airdrie is ideal if you’re looking for more house, more space, and a family-friendly community—without blowing your budget.

🏡 Ready to Compare Real Listings?

As a Calgary-based REALTOR® who also serves Airdrie, I’d love to show you what’s currently available in both cities—tailored to your budget and wish list.

📩 DM me the word “COMPARE” or reach out here and I’ll send you a personalized list of homes under $500K in Calgary and Airdrie.

Buying your first home is exciting—but if you’re not careful, it can also be overwhelming and expensive. I’ve helped hundreds of first-time buyers navigate the Calgary market, and I see the same mistakes come up again and again.

If you’re starting your home buying journey, here are three common mistakes to avoid—and how to get it right the first time.

❌ Mistake #1: Falling for the Wrong Home Emotionally

That perfect kitchen or dreamy backyard might steal your heart—but don’t forget to look deeper.

What to do instead:

• Check resale value in that neighborhood

• Evaluate lifestyle fit for 3–5 years

• Review traffic, commute, and school zones

❌ Mistake #2: Skipping Mortgage Pre-Approval

Without pre-approval, you risk falling in love with homes you can’t afford—or losing a great deal while waiting on paperwork.

What to do instead:

• Get pre-approved before you start viewing

• Know your max purchase price, but shop under budget

• Work with a trusted mortgage broker (ask me—I have a list!)

❌ Mistake #3: Underestimating Closing Costs

First-time buyers often budget for the down payment—but forget about the rest.

What to do instead:

• Budget 1.5–2% of the purchase price for closing costs

• Account for home inspection, legal fees, title insurance, tax adjustments, and moving expenses

💡 Bonus Tip: Work With a Buyer’s Agent Who Specializes in First-Time Buyers

Navigating offers, conditions, and market trends is easier with someone who’s got your back.

📩 Ready to Buy Your First Home in Calgary?

I’d love to help you skip the stress and buy with confidence.

📲 DM me “FIRST HOME” or click here to contact me and I’ll send you my free Calgary Buyer Guide tailored for first-timers.