692 Somerset Drive SW
692 Somerset Drive SW is a house in Somerset, Calgary, built in 2000 on a 4,514 sq ft lot. The City of Calgary assessed it at $714,000 for 2026, +26.4% over 3 years.
$714,000
2026 assessed value · about $4,750 a year in property tax
Change in assessed value
- 3 years+26.4%
- 5 years+50.8%
- 10 years+40.0%
- 20 years+204.5%
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 2,176 detached houses in Somerset
In the top tenth of detached houses in Somerset. The typical one is assessed at $616K; this one is 16% higher.
Similar homes nearby
- 696 Somerset Drive SW$633K · built 2000
- 688 Somerset Drive SW$613K · built 2000
- 704 Somerset Drive SW$639K · built 2000
- 684 Somerset Drive SW$708K · built 2000
- 708 Somerset Drive SW$650K · built 2001
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 $639K; this one is 12% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $723,000
- Year built
- 2000
- Lot size
- 4,514 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.
Permits (2)
- Addition, Basement DevBuilding permit · Sep 2006 · est. $21,958 · completed · BP2006-15562
- New house, fireplace, garage, porchBuilding permit · Jun 2000 · est. $120,926 · 1 new home · completed · BP2000-06593
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.