124 Penmeadows Close SE
124 Penmeadows Close SE is a house in Penbrooke Meadows, Calgary, built in 1972 on a 5,002 sq ft lot. The City of Calgary assessed it at $478,500 for 2026, +29.1% over 3 years.
$478,500
2026 assessed value · about $3,180 a year in property tax
Change in assessed value
- 3 years+29.1%
- 5 years+65.9%
- 10 years+47.7%
- 20 years+189.1%
The change in the City's assessment of the same property, to 2026. Years before the building was finished or before a jump in its value are left out.
Compared with 1,628 detached houses in Penbrooke Meadows
Valued above about 35% of detached houses in Penbrooke Meadows. The typical one is assessed at $492K; this one is about the same.
Similar homes nearby
- 128 Penmeadows Close SE$445K · built 1972
- 120 Penmeadows Close SE$487K · built 1972
- 148 Penmeadows Close SE$496K · built 1972
- 116 Penmeadows Close SE$449K · built 1972
- 176 Penmeadows Close SE$467K · built 1972
The closest homes of the same kind, built within 8 years of this one and on a lot within 30% of its size. Their middle value is $467K; this one is 2% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $470,500
- Year built
- 1972
- Lot size
- 5,002 sq ft
- Zoning
- R-C1,R-CG
- City use code
- R110
Think this value is wrong?
The City of Calgary mails assessment notices each January. During the review period that follows you can ask the City's assessors to look again, and by the deadline printed on your notice you can file a complaint with the Assessment Review Board. Values of similar homes nearby, like the ones above, are the usual starting point. Details are on calgary.ca under property assessment.
Building history
- 1972 · BuiltCity assessment records
- 2026 · Garage suite builtBuilding permit
Years built from the City's assessment rolls (2020 on), and completed permits for new buildings and demolitions (1999 on). Where they disagree, both are shown.
Legal secondary suite
On the City of Calgary's secondary suite registry: approved and inspected, Feb 2026.
Permits (2)
- Additional Dwelling UnitBuilding permit · Nov 2024 · est. $125,549 · 1 new home · completed · BP2024-21538
- New: accessory residential building (garage), backyard suite (above garage)Development permit · Oct 2024 · approved · DP2024-05735
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
From the City of Calgary's open assessment data. An assessment is the City's estimate of market value on July 1, 2025, for property tax; it is not a sale price. The map also shows building permits, legal suites and homes for sale or rent.