Renfrew, Calgary - July 2026 Real Estate Report

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

If you own a place in Renfrew and you have not checked your numbers lately, here is the short version: the city's assessment is already behind. The average assessed value for a house here sits at $833,898, but the average HonestDoor Price is $835,187. That gap is small right now, but the direction matters. And for condos, the gap is not small at all.

The Vibe: Houses vs. Condos in Renfrew Right Now

Let's break down what is actually happening on our streets, because houses and condos are telling two very different stories this month.

Houses - Holding Steady With Some Breathing Room

If you have been watching the "For Sale" signs in Renfrew, here is what is actually happening on the house side. The market is not crashing. It is just taking a breather.

• Average sale price: $1,207,312
• Average list price this month: $1,093,280
• Price per square foot: $924
• Homes selling at 98.96% of list price - buyers are getting a slight edge
• 12 sales this month, averaging 24 days on market
• Predicted market value: $833,994 - up from the 3-month average of $824,875
• Rental yield: 5.05% - that is a strong return for landlords
• Estimated rent: $3,651 per month
• Recent value change: up 1.04%

The predicted value is trending upward, which is a good sign. But 24 days on market is slower than nearby Downtown East Village at 16 days. We are not in a rush-and-panic market. Buyers here have a little more time to think, which means sellers need to price sharp from day one.

On the neighbourhood leaderboard, Renfrew houses rank 118 out of 233 Calgary neighbourhoods for growth - that puts us in the below-average tier for appreciation speed. But our price rank is 63 out of 220, meaning we are well above average in actual value. Think of it this way: Renfrew is an established, higher-priced neighbourhood that is not shooting up fast, but it is not sliding either.

Condos - A Cooling Market Worth Watching Closely

The condo side of Renfrew is where we need to be honest with each other. Things have softened.

• Average sale price: $325,250 - down 30.8% from last month
• Average list price this month: $328,300
• Price per square foot: $398
• Properties selling at 96.67% of list - buyers are negotiating
• 6 sales this month, averaging 27 days on market
• Predicted market value: $384,166 - slightly down from the 3-month average of $386,074
• Rental yield: 4.07% - moderate, but still workable
• Estimated rent: $1,887 per month
• Recent value change: -0.73%

That 30.8% month-over-month drop in average sale price is a big number. To be fair, with only 6 sales, one or two lower-priced units can move that average significantly. But the trend - slower sales, prices dipping below the 3-month average, buyers getting 3.33% off list - points to a buyers' market for condos right now.

On the leaderboard, Renfrew condos rank 124 out of 216 for growth and 25 out of 71 for days on market. That days-on-market rank is actually decent - we are moving condos moderately fast compared to the rest of Calgary. The price rank of 66 out of 173 keeps us above average in value, which matters if you are holding and thinking long-term.

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

Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. It does not know what sold on your block last Tuesday. It does not adjust for the renovation you did or the fact that your neighbour just listed for $50,000 more than expected.

The HonestDoor Price updates in real time. For houses in Renfrew, the average HonestDoor Price of $835,187 is already 0.15% above the city's average assessed value. That might sound small, but on an $835,000 property, that is real money. For condos, the difference is even more striking - the average assessed value is $349,650, but the average HonestDoor Price is $383,358. That is 9.64% higher than what the city is using as its benchmark.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check. The assessment is a snapshot from the past. The HonestDoor Price is what is happening now.

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

If you are a Renfrew homeowner eyeing a summer sale, here is the straight talk.

For house sellers, the window is open but it is not wide open. Values are trending up - the predicted value of $833,994 is beating the 3-month average of $824,875, which is momentum in your favour. But buyers are not panicking. They are taking 24 days to decide and they are getting homes for just under list price. Price your house right from the start. Overpricing in this market means sitting, and sitting means price cuts.

For condo sellers, summer 2026 requires more patience and sharper pricing. The market is clearly favouring buyers right now. With only 6 sales last month and prices dipping, you are competing harder for a smaller pool of buyers. The good news is that your HonestDoor Price of $383,358 is significantly above the city's assessment, so you have real value to work with. Just do not anchor your expectations to last year's numbers.

Either way, pull your HonestDoor Price before you call an agent. It is the most current read on what your property is actually worth - not what the city decided it was worth eight months ago.

• Renfrew houses: 95 total transactions in 2026, 1,812 properties assessed - this is an active, well-tracked neighbourhood
• Renfrew condos: 28 transactions in 2026, 1,059 properties assessed
• Nearby comparison - Bridgeland Riverside houses are priced higher at $919,161 and growing faster; Mayland Heights houses come in lower at $603,064
• Renfrew sits in a solid middle ground - more affordable than Bridgeland, more established than Mayland Heights

Bottom line: Renfrew is not the flashiest growth story in Calgary right now, but it is a stable, above-average-priced neighbourhood with real rental income potential and a HonestDoor Price that is already ahead of what the city says you own. That is a good place to be.

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.