2007 40 Street SE
2007 40 Street SE is a house in Forest Lawn, Calgary, built in 1969 on a 3,147 sq ft lot. The City of Calgary assessed it at $346,500 for 2026, +33.5% over 3 years.
$346,500
2026 assessed value · about $2,300 a year in property tax
Change in assessed value
- 3 years+33.5%
- 5 years+72.0%
- 10 years+43.2%
- 20 years+162.5%
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 lowest tenth of duplexes in Forest Lawn. The typical one is assessed at $409K; this one is 15% lower.
Similar homes nearby
- 2005 40 Street SE$373K · built 1969
- 2009 40 Street SE$408K · built 1969
- 2011 40 Street SE$348K · built 1969
- 2013 40 Street SE$429K · built 1969
- 2015 40 Street SE$371K · built 1969
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 $373K; this one is 7% lower.
Facts
- Kind of property
- House
- 2025 assessed value
- $341,000
- Year built
- 1969
- Lot size
- 3,147 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.
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.