1535 48 Street SE
1535 48 Street SE is a house in Forest Lawn, Calgary, built in 2012 on a 2,941 sq ft lot. The City of Calgary assessed it at $574,500 for 2026, +17.5% over 3 years.
$574,500
2026 assessed value · about $3,820 a year in property tax
Change in assessed value
- 3 years+17.5%
- 5 years+49.4%
- 10 years+36.5%
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 234 duplexes in Forest Lawn
In the top tenth of duplexes in Forest Lawn. The typical one is assessed at $409K; this one is 41% higher.
Similar homes nearby
- 1537 48 Street SE$575K · built 2012
- 2034 44 Street SE$482K · built 2016
- 2036 44 Street SE$501K · built 2016
- 2038 44 Street SE$482K · built 2016
- 2040 44 Street SE$478K · built 2016
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 $482K; this one is 19% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $608,500
- Year built
- 2012
- Lot size
- 2,941 sq ft
- Zoning
- R-CG
- City use code
- R120
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
- 2012 · House demolishedBuilding permit
- 2012 · Semi-detached house builtCity assessment records and building 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.
Permits (5)
- Residential improvement project (improvement)Building permit · Jan 2013 · est. $1,000 · completed · BP2013-00518
- GarageBuilding permit · May 2012 · est. $16,061 · completed · BP2012-04224
- New semi-detached house, basement development, fireplace, deck, porchBuilding permit · May 2012 · est. $205,535 · 1 new home · completed · BP2012-03800
- Demolition (demolition)Building permit · Apr 2012 · completed · BP2012-02290
- New: semi-detached dwelling, accessory residential building (garage)Development permit · Mar 2012 · approved · DP2012-0277
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.