Calgary’s 2025 Property Assessments: What You Need to Know

Every year, the City of Calgary releases property assessments to determine property taxes for homeowners, based on market conditions and property characteristics from the previous year. For 2025, these assessments reflect the value of properties as of July 1, 2024, and their characteristics as of December 31, 2024. 

Understanding these assessments is important because they directly impact property taxes, which fund essential services such as public transit and emergency services. Homeowners should review their assessments to ensure accuracy, as any discrepancies could affect their tax bill.

Trends in Calgary’s Residential Property Values

Citywide Increases in Property Values

A key trend in Calgary’s 2025 property assessments is the steady rise in residential property values across the city. All types of residential properties have seen a consistent increase in value every year from 2023 to 2025. The average prices of a detached house increased by $100,000 (+15%) between 2024 and 2025.

A comparison with pre-COVID property values shows potential shifts in property prices, indicating broader changes in the housing market. While property values increased citywide, newer communities in the northern and southern edges of Calgary experienced the highest growth.

Residential Property Distribution in Calgary

Looking at the breakdown of residential properties across the city:

• 74% of residential properties are houses

• 19% are condos

• 7% are townhouses

This distribution highlights that houses remain the dominant housing type in Calgary, while condos and townhouses make up a smaller, but growing, portion of the market.

Property Value Trends by Type

• Detached houses with suites have the highest average property value in the city, making them the most expensive residential category.

• Low-rise condos have the lowest average property value, making them the most affordable option in the market.

• All property types experienced value increases from 2023 to 2025, demonstrating steady growth in Calgary’s housing market.

• Low-rise condos had the highest annual percentage increase in value in both 2024 compared to 2023 and in 2025 compared to 2024.

• In absolute dollar value, detached houses with suites and duplex building houses saw the largest yearly price increases in both 2024 and 2025.

A Closer Look at Seton: A Growing Community

As a case study, we examined Seton, one of Calgary’s newer communities, to see how its property values compare to citywide trends. Our analysis found that Seton’s residential properties have experienced steady value increases since 2023, with all housing types seeing appreciation in the 2025 property assessments.

Housing Breakdown in Seton

• 51% of residential properties in Seton are houses

• 43% are townhouses

• 6% are low-rise condos

This distribution indicates that Seton remains a predominantly low-density residential area, with houses and townhouses making up a bigger segment of the housing market.

Property Value Changes in Seton: 2024 vs. 2025

While property values in Seton continue to rise, the annual increase in 2024 was larger than in 2025 for most housing types. Notably, low-rise condos in Seton saw a higher increase in 2024 than in 2025, differing from the citywide trend where their value continued to rise steadily across both years. Additionally:

Single townhouses in Seton saw the highest increase in value in both years, jumping 73% in 2024 and another 33% in 2025.

These trends highlight how different property types within Seton are evolving, reflecting broader market dynamics in Calgary.

Resources for Navigating Property Assessments and Taxes

To stay informed and ensure your property assessment is accurate, here are some useful resources to help you understand your assessment, taxes, and payment options:

• Check your property assessment letter – The City mails these out in January each year. If you haven’t received yours, contact them.

• Request a reassessment if needed – If you believe your assessment is too high, you can ask the City to review it. Keep records of your property’s condition, as these may help support your case.

• Estimate your property tax online – The City provides an online tool where you can check how your assessment translates into property taxes. 

• Consider enrolling in a monthly tax payment plan – Instead of paying in one lump sum, you can spread out your tax payments through the City’s TIPP (Tax Installment Payment Plan) program. 

• Understand how your taxes are calculated – Knowing how assessments influence taxes can help you plan financially for the year ahead. 

• See if you qualify for tax relief programs – Some homeowners, such as seniors or low-income residents, may be eligible for tax assistance. Check if you qualify for support.

How DataPost Can Help You Navigate Property Assessments

As Calgary continues to grow and change, it’s important for residents to stay informed about developments that impact their communities. Property assessments are just one part of the bigger picture, but they directly affect homeowners and renters alike.

At DataPost, we are committed to helping Calgarians become informed, engaged, and proactive citizens. If you’re curious about property assessments in your community and would like to see a custom analysis, let us know! We’re happy to provide insights that can help you make sense of the numbers and stay informed about your neighborhood’s trends.

Want to see how your area compares? Reach out to us to get your community highlights report!

Sources: City of Calgary Open Data Portal – Current and Historical Property Assessments.