8940 48 Avenue NW
8940 48 Avenue NW is a house in Bowness, Calgary, built in 2008 on a 29,834 sq ft lot. The City of Calgary assessed it at $2,210,000 for 2026, +27.0% over 3 years.
$2,210,000
2026 assessed value · about $14,700 a year in property tax
Change in assessed value
- 3 years+27.0%
- 5 years+48.3%
- 10 years+75.4%
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 2,172 detached houses in Bowness
In the top tenth of detached houses in Bowness. The typical one is assessed at $610K; this one is 262% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $2,240,000
- Year built
- 2008
- Lot size
- 29,834 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
- 2007 · House demolishedBuilding permit
- 2008 · 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)
- New: driveway (existing); revision: exterior renovation (patio material and stairs)Development permit · Feb 2011 · approved · DP2010-4015
- New house, garageBuilding permit · Dec 2008 · est. $279,010 · 1 new home · completed · BP2008-14021
- New: single detached dwellingDevelopment permit · Sep 2008 · approved · DP2008-0977
- Demolition (demolition)Building permit · Dec 2007 · completed · BP2007-16779
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along 48 Avenue NW
- 8922 48 Avenue NW$1.07M
- 8923 48 Avenue NW$532K
- 8927 48 Avenue NW$629K
- 8948 48 Avenue NW$1.41M
- 8951 48 Avenue NW$383K
- 9008 48 Avenue NW$1.54M
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.