532 48 Avenue SW
532 48 Avenue SW is a house in Elboya, Calgary, built in 2012 on a 6,001 sq ft lot. The City of Calgary assessed it at $2,810,000 for 2026, +28.9% over 3 years.
$2,810,000
2026 assessed value · about $18,690 a year in property tax
Change in assessed value
- 3 years+28.9%
- 5 years+37.1%
- 10 years+17.6%
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 473 detached houses in Elboya
In the top tenth of detached houses in Elboya. The typical one is assessed at $1.31M; this one is 115% higher.
Similar homes nearby
- 531 47 Avenue SW$3.14M · built 2014
- 527 47 Avenue SW$2.34M · built 2016
- 531 48 Avenue SW$2.49M · built 2008
- 535 48 Avenue SW$2.69M · built 2014
- 527 48 Avenue SW$2.17M · built 2004
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 $2.49M; this one is 13% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $2,620,000
- Year built
- 2012
- Lot size
- 6,001 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
- 2012 · House demolishedBuilding permit
- 2012 · 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 (4)
- Garage, fireplaceBuilding permit · Jan 2013 · est. $31,102 · completed · BP2012-16951
- New house, basement development, fireplace, deck, porchBuilding permit · Jan 2013 · est. $554,707 · 1 new home · completed · BP2012-16950
- New: contextual single detached dwelling, accessory residential building (garage)Development permit · Dec 2012 · approved · DP2012-4075
- Demolition (demolition)Building permit · Nov 2012 · completed · BP2012-12393
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.