If you own a house in 05 E, the average HonestDoor Price is sitting at $2,371,525 - up 5.63% from the previous period. That is a serious number. But here is the part worth paying attention to: the 3-month moving average is $2,340,350, and the predicted market value has dipped to $2,245,200. That gap tells a story. Values climbed, and now the market is taking a breather. We are not in freefall, but we are not accelerating either.
On the rental side, estimated rent comes in at $7,462 to $7,818 per month, with a rental yield of 3.54%. That is moderate - not a landlord's dream, but not a reason to panic either. If you are thinking short-term rental, the Airbnb estimate runs around $370 to $388 per night, and 05 E ranks 11th in all of Calgary for Airbnb potential. That is genuinely strong.
Here is the honest part. On the growth leaderboard, 05 E ranks 234 out of 236 comparable neighbourhoods in Calgary. That puts us near the bottom of the pack right now. It does not mean the neighbourhood is broken - it means the recent price movement has been soft compared to the rest of the city. Knowing that number is exactly the kind of thing a good real estate agent might not lead with, but you deserve to hear it straight.
For context, look at what is nearby. Cornerstone is priced at $597,604 with a rental estimate of $2,819. Redstone comes in at $636,051 with $3,034 in estimated rent. These are entry-level price points compared to 05 E. Then there is 05 D next door, averaging $4,165,600 with rental estimates of $10,924. So we sit in a premium tier - well above Cornerstone and Redstone, but below the ultra-high end of 05 D.
The city's assessed value is a snapshot from the past. It does not know what happened to prices last quarter. It does not track the 3-month moving average. It definitely does not know your home just went through a -7.43% shift in recent values. The HonestDoor Price is updated in real time, which means it catches the moves - both up and down - before the city's paperwork does.
Right now, the HonestDoor Price of $2,371,525 is running above the predicted market value of $2,245,200. That difference is over $126,000. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using a stale government assessment instead of a live HonestDoor Price is like checking last year's weather forecast before you leave the house.
Here is the real talk. The 5.63% gain from the previous period is good news. But the recent -7.43% price change and a growth rank of 234 out of 236 suggest the momentum has shifted. If you were thinking about listing this summer, sooner is likely better than later in this specific neighbourhood.
You are still sitting on a premium asset in a premium price tier. The Airbnb ranking of 11th in Calgary is a genuine selling point for the right buyer. But waiting for the market to bounce back while sitting near the bottom of the growth leaderboard is a gamble. The buyers who want what 05 E offers are out there - the question is whether you meet them while your HonestDoor Price still has that 5.63% tailwind behind it.
Check your HonestDoor Price today. Not next month. Today.
05 e | 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.