Hotchkiss, Calgary - October 2026 Real Estate Report
Hotchkiss, Calgary: What Your Home Is Actually Worth Right Now
If you live in Hotchkiss and you haven't checked your HonestDoor Price lately, you might be leaving real money on the table - or making decisions based on a number that's already out of date. Here's the straight story on what's happening in our corner of Calgary.
The Vibe: Houses vs. Condos - Two Very Different Stories
We've got a split market in Hotchkiss right now, and it's worth paying attention to which side of it your property sits on.
Houses: The house market here is steady and quietly impressive. The average HonestDoor Price sits at $463,555, and while it's dipped a tiny 0.42% from last period, the predicted market value of $465,525 is actually climbing above the 3-month average of $456,724. That's a sign the floor is holding and momentum is building back up. The recent value change of 3.73% puts us at rank 10 out of 221 Calgary neighbourhoods for growth. That's a top-performer stat. We're not shouting about it, but we probably should be.
- Average sale price: $455,000
- Average list price this month: $479,900
- Price per square foot: $360
- Homes selling at 94.81% of list price - buyers have some room to negotiate
- Average days on market: 45 - faster than nearby 12 C at 52 days
- Rental yield: 5.67% - that's a strong return if you're thinking income property
- Estimated rent: $2,219 per month
- Price rank: 208 out of 221 - one of the most affordable entry points in Calgary
The honest read here? Houses in Hotchkiss are affordable, growing faster than most of the city, and selling at a reasonable pace. That's a combination that doesn't stay quiet for long.
Condos: This is where things get unusual. The average HonestDoor Price for condos in Hotchkiss is $3,202,500 - a significant jump up from the house market. That price has increased 0.75% from the previous period, though the predicted market value of $3,178,550 is sitting slightly below the 3-month moving average of $3,206,067, suggesting a short-term cooling. The recent value change of -1.41% and a growth rank of 115 out of 207 puts condos in below-average territory right now. The rental yield of 1.51% is moderate, though the Airbnb rank of 2 in all of Calgary is a standout number for short-term rental potential.
- Average HonestDoor Price: $3,202,500
- Predicted market value: $3,178,550
- Estimated rent: $9,925 per month
- Rental yield: 1.51%
- Airbnb rank in Calgary: 2 out of the whole city
- Recent value change: -1.41%
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, built on broad formulas, and it doesn't care what's happening on your specific street right now. The HonestDoor Price is updated in real time using actual transaction data. It's the difference between checking yesterday's weather forecast and stepping outside to feel the temperature yourself.
For houses in Hotchkiss, that gap matters. We've seen a 3.73% value change recently, and the predicted market value is already trending above the 3-month average. If you're relying on a government assessment to understand what your home is worth today, you're working with a number that hasn't caught up yet. The HonestDoor Price is your real-world check - what a buyer would actually put on the table right now.
For condo owners, the HonestDoor Price is equally important, but for a different reason. With values shifting -1.41% recently, knowing your current number - not last year's assessment - is the difference between pricing smart and pricing yourself out of the market.
The So What: Thinking About Selling This Summer?
If you own a house in Hotchkiss and you've been on the fence about selling, the data gives you a reasonable case to move. Here's why.
We're sitting in a buyers' market - homes are selling at about 95 cents on the dollar - but our growth rank of 10 out of 221 Calgary neighbourhoods means buyers are paying attention to this area. Affordable entry price, strong rental yield, and faster days-on-market than some pricier nearby neighbourhoods - that's a story that attracts serious buyers, not just browsers.
The practical advice? Price it right from day one. With homes averaging 45 days on market and selling below list, an aggressive list price will just cost you time. A sharp price close to that $465,525 predicted value is your best move to attract offers quickly before the summer market gets crowded.
For condo owners, the short-term trend is taking a breather. If selling isn't urgent, watching the next 60 to 90 days of data makes sense. If you do need to move, lean hard into that Airbnb rank of 2 in Calgary - that's a genuine selling point for investors that most neighbourhoods can't touch.
Either way, start with your HonestDoor Price. It's the most current number you've got - and in this market, current is everything.
hotchkiss | 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.