02 L, Calgary - September 2026 Real Estate Report

02 L, Calgary: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in 02 L, pay attention. The average HonestDoor Price is sitting at $1,108,810 - up 1.89% from the previous period. That is not a market taking a breather. That is a market quietly doing its job while most people are not watching.

The predicted market value for houses comes in at $1,088,260, and here is the part worth noting: that number is climbing above the 3-month moving average of $1,018,963. When the current value pulls ahead of the moving average like that, it tells us momentum is building, not fading. We are not chasing a peak here - we are riding one that still has legs.

• Average HonestDoor Price: $1,108,810
• Recent price change: up 2.14%
• 3-month moving average: $1,018,963
• Average rental estimate: $4,380 per month
• Rental yield: 4.75%
• Airbnb estimate: $217 per night

The Neighbourhood Leaderboard Stat You Should Know

Here is something to bring up at the next block party. For growth rate, 02 L ranks 26 out of 238 comparable neighbourhoods in Calgary. That puts us in the top 11% of the entire city. This is not a participation trophy - that is a genuinely strong position in a competitive market.

For some context, look at what is happening right next door. Sage Hill is averaging $681,122. Glacier Ridge is at $651,629. Evanston sits at $672,186. Those are solid neighbourhoods, but we are talking about a gap of roughly $400,000 to $450,000 in average home value. That gap is not an accident - it reflects what buyers are actually willing to pay to be in 02 L.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the honest truth about city assessments. They are a snapshot from the past. The city collects data, runs its process, and by the time that number lands in your mailbox, the market has already moved on. In a neighbourhood where values have shifted 2.14% recently, that lag is not a minor detail - it is real money left on the table.

The HonestDoor Price is updated in real time using actual transaction data and current market signals. Think of it as the real-world check against a number that was calculated months ago. If your city assessment is sitting below $1,088,260, there is a strong argument that your property is being undervalued in the one place that actually affects your financial decisions - your own head.

Pull your HonestDoor Price today. Not next month. Today. Because the market is not waiting for the city to catch up.

The So What - If You Are Thinking About Selling This Summer

This is the question we get most often: is it a good time to sell in 02 L, Calgary? Based on what the numbers are showing right now, the answer is yes - with one condition. You need to price it right from day one.

With only 1 recorded property transaction in 02 L so far in 2026, inventory is tight. Tight inventory with rising values is the combination sellers dream about. Buyers who want into this pocket of Calgary do not have a lot of options, and that gives you leverage.

A rental yield of 4.75% also means investor buyers are paying attention. Your home is not just a place to live in their eyes - it is an income-generating asset. That expands your buyer pool beyond just families looking to move in.

• Selling this summer? Tight supply works in your favour.
• Price using the HonestDoor Price, not last year's assessment.
• Investor interest is real - a 4.75% yield gets attention.
• Top 11% growth ranking in Calgary is a selling point worth using.

Bottom line: 02 L is not a neighbourhood you sell in because you have to. Right now, it is one you can sell in because the timing actually makes sense.

This 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.