Pegasus, Calgary - July 2026 Real Estate Report

Pegasus, Calgary: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in Pegasus, you are sitting in a pretty solid spot. The average HonestDoor Price for houses here is $572,791 - up 3.04% from the previous period. The 3-month moving average is climbing too, from $545,655 toward a predicted value of $555,900. That is not a fluke. That is a neighbourhood with real momentum behind it.

Condos tell a slightly different story. The average HonestDoor Price for condos is $382,000, up 2.08% - but the short-term predicted value dipped 0.90% recently. Nothing alarming, but worth watching if you own a condo and are thinking about timing a sale.

• Average House HonestDoor Price: $572,791 (up 3.04%)
• House predicted market value: $555,900
• House rental yield: 5.53% - that is strong
• Average Condo HonestDoor Price: $382,000 (up 2.08%)
• Condo rental yield: 4.05% - moderate but steady
• House growth rank: 57 out of 233 Calgary neighbourhoods - top quarter
• Condo growth rank: 128 out of 216 Calgary neighbourhoods - below average

On the neighbourhood leaderboard, Pegasus houses rank 57th out of 233 comparable Calgary neighbourhoods for growth. That puts us in the top 25% of the city. Condos rank 128th out of 216 - middle of the pack, leaning lower. Two different assets, two different conversations.

How We Stack Up Against the Neighbours

Here is a quick reality check on where Pegasus sits relative to the streets around us.

• North Airways houses: avg $502,000 - cheaper than Pegasus by roughly $70,000
• Horizon houses: avg $584,567 - just a touch above us
• McCall houses: avg $1,004,397 - a completely different price tier

For houses, Pegasus is comfortably in the middle ground - more affordable than Horizon and nowhere near McCall territory, but clearly ahead of North Airways. That positioning matters when buyers are shopping around. We are the value play in a cluster of pricier options.

The Secret Sauce - Why Your HonestDoor Price Matters Right Now

Here is the thing about your city tax assessment: it is a snapshot from months ago, built on old sales data, and it does not move when the market moves. It is basically a photograph of a city that has already changed.

The HonestDoor Price is updated in real time using actual market signals. Right now, that means a Pegasus house owner is looking at $572,791 as a live, working estimate - not a number that was locked in before last winter. If your assessment is sitting below that figure, you could be leaving serious money on the table the moment you start a conversation with a buyer or a lender.

The gap between what the city says your home is worth and what a buyer will actually pay is where HonestDoor lives. That is the number you want in your back pocket.

The So What - Thinking About Selling This Summer?

For house owners, the timing is genuinely interesting. Values are up over 3%, the predicted price is rising above the 3-month average, and rental demand is strong enough to support a 5.53% yield - which tells you buyers see real income potential here too. If you have been sitting on the fence, summer 2025 gives you a market that is moving in your direction.

For condo owners, be a little more strategic. The short-term value dipped slightly and the growth rank puts condos in the lower half of Calgary neighbourhoods right now. That does not mean do not sell - it means price it sharp, know your HonestDoor number, and do not anchor to an old assessment that may overstate where condos are trading today.

• House owners: market momentum is on your side - get your HonestDoor Price before you list
• Condo owners: pricing precision matters more right now - use real-time data, not last year's assessment
• Investors: a 5.53% rental yield on houses and an Airbnb rank of 225 in Calgary means Pegasus is a quiet earner worth a second look

Bottom line - Pegasus is not the flashiest name in Calgary real estate, but the numbers are doing quiet, steady work. Check your HonestDoor Price today. It is the most honest conversation you can have about what your home is actually worth right now.

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.