If you own a house in 13 L, you are sitting on serious real estate. The average HonestDoor Price for houses here is $1,495,900 - up 3.22% from the previous period. That is not a small number, and that is not a small move. For context, your neighbours in Belmont are averaging $544,797 and Silverado is at $646,136. We are in a different weight class here.
The predicted market value for houses sits at $1,449,300 right now. That is slightly below the 3-month moving average of $1,470,217, which tells us the market is taking a breather in the short term. Nothing alarming - just a natural pause after a strong run. The recent price change of -0.76% is a blip, not a trend.
Here is the honest part. On growth rate, 13 L ranks 175 out of 221 comparable neighbourhoods in Calgary. That puts us in below-average territory for recent momentum. It does not mean values are collapsing - it means the explosive short-term growth is happening elsewhere right now. What we have here is a high-value, established market. Those tend to move slower but hold stronger.
Here is the thing about your city tax assessment - it is a snapshot from months ago, sometimes longer. It does not know what sold on your street last Tuesday. The HonestDoor Price is updated in real time using actual market data, which means it reflects what a buyer would actually pay today, not what a government formula calculated last year.
With an average HonestDoor Price of $1,495,900 versus a predicted market value of $1,449,300, there is a gap worth paying attention to. That $46,600 difference is the kind of number that changes a negotiation. If you are pricing your home based on an old assessment, you could be leaving real money on the table before you even list.
If you are thinking about selling in 13 L this summer, here is the straight talk. The short-term price movement is slightly negative and the growth rank is not leading the pack. But the absolute value here is strong. At $1,495,900 average, you are in premium territory for Calgary.
The rental picture also tells a story. Estimated rent of $5,400 per month with a rental yield of 4.08% means buyers who are investors see real income potential here. That keeps demand alive even when the broader market cools. And with an Airbnb rank of 25 in all of Calgary and an estimated $275 per night, short-term rental buyers are paying attention to this neighbourhood too.
The play this summer is not to panic about the -0.76% blip. It is to get your HonestDoor Price, understand where you actually stand, and price with confidence. Sellers who know their real number win. Sellers who guess, or rely on last year's assessment, leave money behind.
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.