131 Madeira Close NE
131 Madeira Close NE is a house in Marlborough Park, Calgary, built in 1974 on a 5,378 sq ft lot. The City of Calgary assessed it at $525,500 for 2026, +29.8% over 3 years.
$525,500
2026 assessed value · about $3,490 a year in property tax
Change in assessed value
- 3 years+29.8%
- 5 years+66.3%
- 10 years+49.1%
- 20 years+176.6%
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 2,053 detached houses in Marlborough Park
Valued above about 50% of detached houses in Marlborough Park. The typical one is assessed at $527K; this one is about the same.
Similar homes nearby
- 127 Madeira Close NE$512K · built 1974
- 139 Madeira Close NE$539K · built 1974
- 123 Madeira Close NE$512K · built 1974
- 728 Madeira Drive NE$503K · built 1974
- 724 Madeira Drive NE$519K · built 1974
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 $512K; this one is 3% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $521,500
- Year built
- 1974
- Lot size
- 5,378 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.
Permits (1)
- Residential improvement project (improvement)Building permit · Oct 2010 · est. $26,000 · completed · BP2010-13201
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.