331 48 Avenue NE
331 48 Avenue NE is a house in Greenview, Calgary, built in 1960 on a 5,397 sq ft lot. The City of Calgary assessed it at $488,000 for 2026, +42.9% over 3 years.
$488,000
2026 assessed value · about $3,250 a year in property tax
Change in assessed value
- 3 years+42.9%
- 5 years+64.0%
- 10 years+46.8%
- 20 years+158.2%
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 203 detached houses in Greenview
In the lowest tenth of detached houses in Greenview. The typical one is assessed at $555K; this one is 12% lower.
Similar homes nearby
- 327 48 Avenue NE$500K · built 1961
- 335 48 Avenue NE$552K · built 1961
- 4819 3 Street NE$508K · built 1961
- 323 48 Avenue NE$540K · built 1961
- 4743 Greenhill Crescent NE$598K · built 1963
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 $540K; this one is 10% lower.
Facts
- Kind of property
- House
- 2025 assessed value
- $459,500
- Year built
- 1960
- Lot size
- 5,397 sq ft
- Zoning
- R-C2,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.
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.