If you've been watching the "For Sale" signs in 02 C, here's what's actually happening. The average HonestDoor Price for a house here sits at $1,268,900. Yes, that's down 2.39% from the previous period - the market is taking a breather. But hold on before you panic, because the predicted market value is already climbing back toward $1,300,000, sitting above the 3-month moving average of $1,268,300. That gap tells you momentum is building, not fading.
We're also seeing a 4.29% recent change in property values, and that kind of move puts 02 C in rare company. On Calgary's neighbourhood growth leaderboard, we rank 10th out of 236 neighbourhoods. That's top 5%. Most of the city is watching us from behind.
Here's the thing about your city tax assessment: it's a snapshot from the past. It doesn't know what your street looked like last month, let alone today. The HonestDoor Price is a real-time check on what your home is actually worth in the current market - not what a government formula decided months ago.
In 02 C, that difference is real money. Look at the neighbours for context:
Every single surrounding neighbourhood is coming in hundreds of thousands of dollars below us. If your tax assessment is anchoring your thinking to a lower number, you could be leaving serious equity on the table. Check your HonestDoor Price now - not at next year's assessment cycle.
For anyone thinking about the rental side of things, the numbers are solid. Estimated rent in 02 C runs around $4,950 to $5,030 per month, with a rental yield of 4.19%. That's a moderate but respectable return on a $1.3M asset. On the short-term rental side, Airbnb income potential comes in around $245 per night, and 02 C ranks 46th in Calgary for Airbnb performance. Not the top of the list, but well inside the competitive range for a premium neighbourhood.
If you've been sitting on the fence, here's the straight talk. A predicted value pushing toward $1,300,000, a top-10 growth ranking in the entire city, and a rental yield above 4% - that's a strong hand to hold. The short-term dip of 2.39% is noise against that backdrop.
Sellers who move while 02 C sits in the top 5% of Calgary growth have a real story to tell buyers. Buyers looking at Nolan Hill or Glacier Ridge at $650K-$710K will quickly see why 02 C commands a premium - and that premium is what puts more money in your pocket at closing.
Bottom line: if you haven't looked at your HonestDoor Price recently, do it today. The market is moving faster than any assessment will ever tell you.
02 c | calgary | august 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.