197 Somervale Point SW
197 Somervale Point SW is a townhouse in Somerset, Calgary, built in 1997 on a 2,551 sq ft lot. The City of Calgary assessed it at $375,000 for 2026, +43.7% over 3 years.
$375,000
2026 assessed value · about $2,490 a year in property tax
Change in assessed value
- 3 years+43.7%
- 5 years+60.3%
- 10 years+33.9%
- 20 years+130.1%
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 169 townhouses in Somerset
Valued above about 45% of townhouses in Somerset. The typical one is assessed at $380K; this one is about the same.
Similar homes nearby
- 157 Somervale Point SW$440K · built 1997
- 161 Somervale Point SW$447K · built 1997
- 153 Somervale Point SW$442K · built 1997
- 213 Somervale Point SW$358K · built 1997
- 149 Somervale Point SW$460K · built 1997
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 $442K; this one is 15% lower.
Facts
- Kind of property
- Townhouse
- 2025 assessed value
- $384,000
- Year built
- 1997
- Lot size
- 2,551 sq ft
- Zoning
- M-CG
- City use code
- R402
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 (2)
- TH RenovationBuilding permit · Jun 2024 · est. $3,832 · completed · BP2024-09279
- Front & rear yard relaxation for existing dwellingDevelopment permit · Dec 1997 · approved · DP1997-3805
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.