Renfrew, Calgary - October 2026 Real Estate Report
Renfrew Real Talk: Your Street Is Worth More Than the City Thinks
If you own a home in Renfrew and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The city's assessment is one number. The real world is another. Right now, those two numbers are telling very different stories - and the gap matters for your wallet.
The Vibe: What's Actually Happening on Our Streets
Houses
We've seen some cooling in the house market, and it's worth being straight about it. The average sale price for houses is sitting at $900,675, but that's down 7.6% from last month. Listings are averaging $788,233, and homes are selling at 98.88% of list price - meaning buyers are getting a small discount. That's a shift from the "over-ask" frenzy we saw not long ago.
- Average sale price: $900,675
- Average list price: $788,233
- Price per square foot: $663
- Average days on market: 41 days
- Properties sold this period: 10 (down 28.6% from last month)
- Sale-to-list ratio: 98.88%
Forty-one days on market is also worth noting. Our neighbours in Bridgeland Riverside are moving homes in 34 days. That seven-day gap tells us buyers have a bit more breathing room in Renfrew right now. Not a crash - just a breather. The predicted market value for houses is $846,568, which is actually nudging up against the 3-month moving average of $841,199. So the underlying value is holding.
On the leaderboard: Renfrew houses rank 115 out of 221 Calgary neighbourhoods for growth - below average. But for price, we sit at 71 out of 221 - solidly above average. We're an established, higher-value neighbourhood that isn't the fastest mover right now, but we're not cheap either.
Condos
The condo picture is a bit more mixed, but there's a silver lining. Six condos sold this period - up 50% from last month. That's a real jump in activity. The average sale price came in at $316,833, and homes sold at 95.21% of list price, which means buyers are negotiating harder here than on the house side.
- Average sale price: $316,833
- Average list price: $354,900
- Price per square foot: $390
- Average days on market: 38 days
- Properties sold this period: 6 (up 50% from last month)
- Sale-to-list ratio: 95.21%
The predicted market value for condos is $380,059, but that's dipping slightly below the 3-month moving average of $382,183. Short-term, values have moved -0.87%. That said, on the Calgary leaderboard, Renfrew condos rank 99 out of 207 for growth - above average - and 39 out of 175 for price. We're in a good spot relative to the city, even if the last few weeks have been soft.
One thing worth watching: our condo rental estimate is $1,871 per month with a 4.07% rental yield. That's a moderate but real return for investors who are thinking long-term.
The Secret Sauce: Your HonestDoor Price vs. That Government Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on data that's already old by the time it lands in your mailbox. The HonestDoor Price updates in real time, pulling from actual market activity. That difference matters right now.
For houses in Renfrew, the average assessed value is $833,117. The average HonestDoor Price is $843,333. That's a $10,216 gap - and the HonestDoor Price is 1.23% higher than the Calgary average assessed value. If you're pricing a home, negotiating a sale, or just trying to understand what your property is actually worth today, the assessment is a starting point, not the answer.
For condos, the gap is even bigger. The average assessed value is $349,159. The HonestDoor Price is $379,737 - that's 8.76% higher than the Calgary average assessed value. If you're a condo owner who hasn't looked at your HonestDoor Price, you might be significantly underestimating what you actually own.
The "So What?": Thinking About Selling This Summer?
If you're a house owner in Renfrew and you're thinking about listing this summer, the market is giving you a clear signal: price it right from day one. Homes are sitting for 41 days and selling just under list price. Buyers are doing their homework. An overpriced listing will sit, and a sitting listing loses momentum fast.
The good news is that Renfrew is still an above-average price neighbourhood in Calgary. You're ranked 71 out of 221 on price. That's a strong foundation. The rental yield on houses is 5.03%, which means if selling isn't the right move right now, holding and renting is a genuinely solid option.
For condo owners, the pickup in sales volume this period is encouraging. Six sales, up 50% - that's buyers coming back. But the sale-to-list ratio of 95.21% means you need to be realistic on price. List too high and you'll be chasing the market down. List sharp and you'll move it.
Bottom line for Renfrew this summer: know your real number before you make any move. Check your HonestDoor Price, compare it to your assessment, and go in with eyes open. The neighbours who do that are the ones who come out ahead.
renfrew | 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.