412 40 Avenue SW
412 40 Avenue SW is a house in Elbow Park, Calgary, built in 2024 on a 4,840 sq ft lot. The City of Calgary assessed it at $2,940,000 for 2026.
$2,940,000
2026 assessed value · about $19,550 a year in property tax
Compared with 1,182 detached houses in Elbow Park
Valued above about 80% of detached houses in Elbow Park. The typical one is assessed at $1.87M; this one is 57% higher.
Similar homes nearby
- 333 39 Avenue SW$1.12M · built 2025
- 4219 5A Street SW$2.76M · built 2024
- 4216 5A Street SW$3.22M · built 2023
- 239 39 Avenue SW$2.73M · built 2019
- 235 39 Avenue SW$2.48M · built 2022
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 $2.73M; this one is 8% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $1,860,000
- Year built
- 2024
- Lot size
- 4,840 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
- 1929 · Built, since replacedCity assessment records
- 2018 · House demolishedBuilding permit
- 2024 · 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 (6)
- New house, basement development, fireplace, garage, deck, porchBuilding permit · Oct 2024 · est. $553,320 · 1 new home · completed · BP2024-19208
- New: single detached dwellingDevelopment permit · Jul 2024 · approved · DP2024-02566
- Demolition (demolition)Building permit · Nov 2018 · completed · BP2018-14544
- Demolition (demolition)Building permit · Oct 2014 · expired · BP2014-16050
- New: single detached dwellingDevelopment permit · Oct 2014 · approved, lapsed · DP2014-3337
From the City of Calgary's open data, up to Oct 2026. The map lists every one. 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.