Renfrew, Calgary - August 2026 Real Estate Report

Renfrew Real Talk: Your Home Is Worth More Than the City Thinks

If you own in Renfrew and you're still looking at your city assessment to know what your place is worth, you're leaving money on the table. The numbers are in, and there's a gap worth knowing about.

The Vibe: What's Actually Happening on Our Streets

Renfrew sits in a solid spot in Calgary's inner-city market. We've got 1,813 assessed properties on the house side and 1,058 condos - a real neighbourhood with real depth. There were 101 house transactions and 31 condo transactions recorded in 2026 so far, which tells us this is a market people are actively moving in and out of.

Our growth rate ranks 87 out of 236 comparable Calgary neighbourhoods for houses, and 77 out of 216 for condos. That puts us in the above-average tier on both counts - not the flashiest number on the leaderboard, but consistently in the top third. That's the kind of steady you can build a plan around.

Houses: Taking a Breather, But Don't Panic

The average house sale price this month is $841,000. Yes, that's down 30.3% from last month - but before you choke on your coffee, look at the context. Only 3 properties sold this month. With that small a sample, one outlier sale swings the average hard. The HonestDoor predicted value sits at $835,150, which is actually up compared to the 3-month moving average of $831,489. The trend line is still pointing in the right direction.

• Average sale price: $841,000
• Average list price: $847,933
• Price per square foot: $593
• Sold-to-list ratio: 99.23% - buyers are negotiating, but not by much
• Average days on market: 22 days - ranks 20 out of 77 in Calgary, meaning we sell faster than most
• Estimated rent: $3,656 per month
• Rental yield: 5.05% - that's a strong return

Houses here are sitting on the market for 22 days on average. That days-on-market rank of 20 out of 77 means Renfrew houses move faster than the majority of Calgary neighbourhoods. Buyers are showing up. They're just being a little more careful about what they pay.

Condos: A Different Story, Worth Watching

Condo sales jumped 19.3% in average price this month, landing at $388,000. Again, 3 sales - so take the month-over-month swing with a grain of salt. The more reliable number is the HonestDoor predicted value of $383,087. That's slightly below the 3-month moving average of $384,566, which means condo values are taking a small step back right now.

• Average sale price: $388,000
• Average list price: $388,267
• Price per square foot: $349
• Sold-to-list ratio: 99.67% - almost full ask
• Average days on market: 28 days - ranks 25 out of 72 in Calgary, still faster than most
• Estimated rent: $1,887 per month
• Rental yield: 4.07% - moderate, but respectable

For context, our condos are priced above nearby Downtown East Village ($307,895 predicted value) and well below Bridgeland Riverside ($447,667 average sale). We're in the middle of the pack on price, but moving faster than most. That's a decent position to be in.

The Secret Sauce: Why Your HonestDoor Price Matters Right Now

Here's the thing about city assessments - they're a snapshot from the past. The city assessed the average Renfrew house at $833,832. The HonestDoor Price for the same house is $843,152. That's a $9,320 difference, and the HonestDoor number is updated in real time using actual market activity, not a once-a-year government estimate.

For condos, the gap is even bigger. The city's average assessed value is $349,305. The HonestDoor Price is $383,396 - that's 9.76% higher than what the city has on file. If you're using your assessment to decide whether to sell, refinance, or even just feel good about your equity position, you're working with an outdated number.

The HonestDoor Price is the real-world check. It pulls from current sales, current listings, and current market movement. Your assessment doesn't do that. Check yours at HonestDoor before you make any decisions.

The So What: Should You Sell in Renfrew This Summer?

If you own a house in Renfrew and you've been sitting on the fence, here's the honest read. The market is taking a breather - buyers are negotiating and prices have softened slightly month-over-month. But the fundamentals are solid. Houses are selling in 22 days. Buyers are paying 99.23% of list price. The predicted value is trending up from the 3-month average. You're not in a panic situation.

If you own a condo, the picture is a little more cautious. Values have dipped slightly from the 3-month average, and sales volume dropped 50% from last month. That said, condos are still selling close to full ask and moving in under 30 days. If your plan is to sell this summer, price it sharp and you'll find a buyer.

For both property types, the rental numbers are worth keeping in mind. Houses are pulling $3,677 per month in estimated rent at a 5.05% yield. Condos are at $1,885 per month. If selling doesn't feel urgent, holding and renting is a legitimate play while you watch the market settle.

Bottom line - Renfrew is not a neighbourhood in trouble. It's a neighbourhood in a normal market cycle. Know your real number, price it right, and you'll be fine.

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.