Franklin, Calgary - August 2026 Real Estate Report

Franklin, Calgary: Your Neighbour Just Got a Raise. Did You?

If you own a home in Franklin and you haven't checked your property value lately, you're probably leaving money on the table. The numbers are moving - and mostly in the right direction. Here's the real talk on what's happening right now.

The Vibe: Houses vs. Condos

Let's start with houses, because the story there is a good one. The average HonestDoor Price for a house in Franklin sits at $713,676 - up 3.14% from the previous period. The predicted market value is $691,967, and that number is climbing. The 3-month moving average was $663,533, so we're trending upward with real momentum behind it. Property values have shifted 4.27% recently, and that puts Franklin houses at rank 11 out of 236 comparable neighbourhoods in Calgary for growth. That's not just good - that's top-tier. We're in the conversation with the best-performing areas in the city.

• Average HonestDoor Price (Houses): $713,676
• Recent value change: up 4.27%
• Growth rank: 11 out of 236 Calgary neighbourhoods
• Predicted market value: $691,967 (rising vs. 3-month average of $663,533)
• Average rental estimate: $3,175 per month
• Rental yield: 5.34% - that's a strong return
• Airbnb estimate: $158 per night

Condos are a different story. The average HonestDoor Price for a condo in Franklin is $291,492, which is down a modest 0.85% from the previous period. The predicted value of $294,000 is sitting just slightly above the 3-month moving average of $294,369, so we're basically flat right now. Growth ranks 50 out of 216 - above average, but not setting the world on fire. If you own a condo here, the market isn't falling apart, it's just taking a breather.

• Average HonestDoor Price (Condos): $291,492
• Recent value change: down 0.89%
• Growth rank: 50 out of 216 Calgary neighbourhoods
• Predicted market value: $294,000
• Average rental estimate: $1,568 per month
• Rental yield: 4.21% - moderate but steady
• Airbnb estimate: $78 per night

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

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that Franklin house prices have jumped 4.27% recently. It doesn't know that we're ranked 11th in Calgary for growth right now. That number on your assessment notice is basically a history lesson.

The HonestDoor Price is a real-world check. It pulls current market signals and gives you a live read on what your property is actually worth today - not what it was worth when a government assessor last ran the numbers. For Franklin homeowners specifically, that gap matters. If your assessment is lagging behind a 4.27% price move, you could be significantly underestimating your equity position. That affects everything from refinancing decisions to knowing your real net worth.

Check your HonestDoor Price now. Don't wait for a piece of mail to tell you what your biggest asset is worth.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Franklin and you've been sitting on the fence about selling, the data is giving you a nudge. A rank of 11 out of 236 Calgary neighbourhoods for growth means buyers looking for value and momentum are going to find Franklin on their radar. You're not selling into a soft market - you're selling into one of the stronger-performing pockets in the city.

Compare that to nearby Marlborough at $515,661 and Forest Heights at $438,325 for houses, and Franklin at $713,676 looks like a neighbourhood that has already made its move up the price ladder. Meridian is higher at $1,004,204, so there's still a ceiling above us - but we're well clear of the cheaper alternatives nearby.

For condo owners, summer 2025 is a "watch and wait" situation. Values are holding, rental yield at 4.21% means the asset is still working for you as an investment, and you're priced above nearby Meridian condos at $250,238 and Marlborough at $286,889. No panic needed - but this probably isn't the moment to expect a bidding war either.

Bottom line: Franklin houses are punching well right now. If selling is on your mind, get your HonestDoor Price, know your number, and have that conversation with your agent from a position of real information - not a stale assessment.

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.