💸 Calgary’s Market Snapshot in 2025

Calgary continues to stand out as one of the most affordable major cities in Canada. Compared to Vancouver or Toronto, where $650K barely scratches the surface, Calgary buyers still have multiple property types and lifestyle options at this price point. But what exactly does $650K get you in today’s market? Let’s break it down.

🏡 Detached Homes: Space & Suburbs

In many established Calgary neighborhoods, $650K can buy you a 3–4 bedroom detached home, often with renovations like updated kitchens, finished basements, and landscaped yards.

If you prefer brand-new builds, Calgary’s suburban communities like Mahogany, Legacy, or Evanston offer larger two-story homes with double garages, modern finishes, and extra square footage — perfect for families.

🏘 Semi-Detached & Townhomes: Inner-City Lifestyle

For those who want to be closer to the action, $650K can get you a semi-detached home or townhome in inner-city neighborhoods like Killarney, Altadore, or Bridgeland.

These areas offer a lifestyle focused on convenience — think walkability, trendy restaurants, cafés, and shorter commutes. While the square footage may be less than a suburban detached, the vibrant urban setting makes up for it.

🏙 Condos: Downtown Luxury

For buyers who love city living, $650K can also buy a high-end condo in the Beltline or downtown Calgary. These units often feature modern design, sweeping skyline or mountain views, and amenities like gyms, concierge service, and underground parking.

It’s the perfect option for professionals, downsizers, or anyone who prioritizes location and convenience over land size.

✅ Final Thoughts

$650K in Calgary buys you choice:

• More space with a detached home in the suburbs

• More lifestyle with an inner-city townhome

• More convenience with a luxury condo downtown

Compared to other Canadian markets, Calgary offers exceptional value. The key is deciding which lifestyle fits your needs best.

🙌 Want help narrowing it down? DM me the word “650K” and I’ll send you my free Calgary Buyer’s Guide with neighborhood comparisons and insider tips.

❓ FAQ Section

Q: Is $650K enough for a detached home in Calgary in 2025?
Yes, in many suburban neighborhoods $650K will get you a spacious detached home, though in inner-city areas you may be limited to smaller detached or semi-detached options.

Q: Are condos a good option at $650K?
Absolutely. At this price point, you can access some of Calgary’s most modern, amenity-rich condos in the downtown core.

Q: Which option is best for resale value?
Detached homes tend to appreciate most consistently, but condos and infills in prime inner-city locations can also perform well.

Q: Is Calgary still more affordable than other big Canadian cities?
Yes. In Vancouver or Toronto, $650K often only covers smaller condos, while in Calgary it can secure detached homes, townhomes, or luxury condos.

📚 Related Reading

• [What $500K Gets You in Calgary vs Okotoks]

• [Where Should You Live If You Work Downtown Calgary?]

• [Top 5 Mistakes That Cost Calgary Sellers Money]