220 40 Avenue SW
220 40 Avenue SW is a house in Elbow Park, Calgary, built in 2005 on a 6,251 sq ft lot. The City of Calgary assessed it at $2,550,000 for 2026, +27.5% over 3 years.
$2,550,000
2026 assessed value · about $16,960 a year in property tax
Change in assessed value
- 3 years+27.5%
- 5 years+44.9%
- 10 years+22.0%
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 1,182 detached houses in Elbow Park
Valued above about 75% of detached houses in Elbow Park. The typical one is assessed at $1.87M; this one is 36% higher.
Similar homes nearby
- 219 39 Avenue SW$2.90M · built 2007
- 223 39 Avenue SW$2.69M · built 2004
- 215 39 Avenue SW$2.84M · built 2002
- 208 40 Avenue SW$3.09M · built 2008
- 225 39 Avenue SW$3.20M · built 2011
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 $2.90M; this one is 12% lower.
Facts
- Kind of property
- House
- 2025 assessed value
- $2,340,000
- Year built
- 2005
- Lot size
- 6,251 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
- 2005 · House demolishedBuilding permit
- 2005 · 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)
- PorchBuilding permit · Aug 2013 · est. $200,000 · completed · BP2013-12531
- GarageBuilding permit · Aug 2005 · est. $11,374 · completed · BP2005-11383
- Sfd,bsmt-dev,fireplace,deck,porch,wood burning fireplaceBuilding permit · Apr 2005 · est. $332,162 · 1 new home · completed · BP2005-01704
- Demolition (demolition)Building permit · Feb 2005 · completed · BP2005-00883
- Single detached dwellingDevelopment permit · Dec 2004 · approved · DP2004-3281
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.