Bonavista Downs, Calgary - October 2026 Real Estate Report
Bonavista Downs Real Talk: What Your Home Is Actually Worth Right Now
If you've been glancing at your city assessment and feeling pretty good about things, it's worth a closer look. The numbers on the ground in Bonavista Downs tell a slightly different story - and knowing the difference could matter a lot if you're thinking about making a move this summer.
The Vibe: What's Happening in Our Neighbourhood
Bonavista Downs is a steady, established corner of Calgary's southeast. We're not the flashiest market in the city right now, but we're not in freefall either. Think of it as a neighbourhood that knows what it is. Here's how houses and condos are each playing out.
Houses: A Bounce in Prices, But Buyers Are Taking Their Time
The average sale price for houses this month came in at $663,500 - up 26.4% from last month. That sounds like a headline, but before you pop the champagne, context matters. Only 2 homes sold this month, so one or two sales can swing that average hard. The listing average sits at $672,500, and homes are selling at about 98.69% of list price, meaning buyers are getting a small discount at the table.
The bigger signal? Homes are sitting on the market for an average of 84 days. On the Calgary leaderboard for days-on-market, Bonavista Downs houses rank 71 out of 82 neighbourhoods tracked - that puts us near the slow end of the dial. Buyers have options, and they know it.
- Average sale price (houses): $663,500
- Average list price: $672,500
- Sale-to-list ratio: 98.69%
- Average days on market: 84 days
- Price per square foot: $635
- Predicted market value: $638,516
- 3-month moving average: $639,610
- Estimated monthly rent: $3,085
- Rental yield: 5.37%
- House growth rank: 143 out of 221 Calgary neighbourhoods
- Price rank: 149 out of 221 Calgary neighbourhoods
That 5.37% rental yield is genuinely solid. If you're a landlord or thinking about holding rather than selling, the income case for houses here is real. Rent at $3,085 a month is nothing to dismiss.
Condos: Taking a Breather - and Then Some
We'll be straight with you. The condo picture in Bonavista Downs is softer right now. The predicted market value sits at $281,769, and that's down from a 3-month moving average of $295,785. Property values have shifted -6.04% recently, and the growth rank for condos lands at 198 out of 207 Calgary neighbourhoods tracked. That puts us near the bottom of the leaderboard.
The HonestDoor Price for condos is $288,746 - which has actually ticked up 2.48% from the previous period, so there's a small positive signal there. But the trend line is something condo owners need to watch closely, not ignore.
- Average HonestDoor Price (condos): $288,746 - up 2.48%
- Predicted market value: $281,769
- 3-month moving average: $295,785
- Estimated monthly rent: $1,521
- Rental yield: 4.23%
- Condo growth rank: 198 out of 207 Calgary neighbourhoods
For comparison, nearby Lake Bonavista condos are predicted at $317,268. That's a $35,000 gap between us and the neighbours down the road. Worth knowing if you're pricing a unit to sell.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from the past. The city calculates it based on data that's already months old by the time it lands in your mailbox. In a market that's moving (even slowly), that number can be stale before you've even read it.
For houses in Bonavista Downs, the average city assessment sits at $643,252. The average HonestDoor Price is $634,168 - that's 1.41% lower than the assessed value, and it's based on real-time market signals, not last year's data. That $9,000 gap might not sound huge, but if you're using your assessment to set a list price or negotiate a deal, you could be starting from the wrong number.
The HonestDoor Price updates continuously. It pulls in recent sales, current listing activity, and neighbourhood trends. Your assessment does not. Think of the HonestDoor Price as the real-world check - the number that reflects what a buyer would actually put on paper today, not what the city guessed six months ago.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Bonavista Downs and you're eyeing a summer sale, here's the honest picture.
Prices have a pulse - that $663,500 average sale price is encouraging. But 84 days on market means you need to come in priced right from day one. Overpriced listings are sitting, and buyers are negotiating. The homes that are moving are the ones priced close to that 98.69% sale-to-list sweet spot. Price it sharp, stage it well, and don't assume the city's $643,252 assessment is your floor.
If you own a condo, summer 2025 requires a more careful strategy. Values are drifting down, the growth rank is near the bottom of the Calgary leaderboard, and nearby neighbourhoods like Queensland (HonestDoor Price $375,930) and Lake Bonavista ($313,226) are both priced higher. That means buyers shopping our condos have cheaper alternatives nearby. You need a compelling price to compete.
For anyone thinking about holding and renting - the numbers actually support that. A 5.37% rental yield on a house is strong by Calgary standards. At $3,085 a month in estimated rent, the income math works while you wait for the market to find its footing.
- Neighbourhood transactions in 2026: 27 sales across 367 assessed properties
- Year-over-year neighbourhood growth: 0.03%
- Bonavista Downs average assessed value rank in Calgary: 148 out of 221
- Total transaction rank in Calgary: 112
Bottom line - Bonavista Downs is not a market to panic about, but it's also not one to be complacent in. Check your HonestDoor Price before you do anything else. It takes two minutes and it'll tell you more than your assessment ever will.
bonavista downs | calgary | october 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.