Calgary Neighbourhood Profile

Homestead

Calgary

$623,548
Avg. Assessed Value
-19.8%
Year-over-Year
1,131
Properties
762
Permits Since 2024

Property Assessments

Homestead’s average assessed property value of $623,548 sits 19% below the city-wide average of $769,559. As a newer suburban community, values reflect recently constructed homes that entered the market at current construction costs. Year-over-year, assessments declined -19.8%, trailing the city average of +14.0%.

The average year of construction across Homestead’s 1,131 properties is 2023, marking it as one of Calgary’s newest communities.

Year Avg. Assessed Value Properties Change
2025 $586,600 939 -19.8%
2024 $731,322 367 +80.9%
2023 $404,335 337

Source: City of Calgary Property Assessment dataset. Residential properties only (assessment class RE).

Building Permit Activity

Since January 2024, Homestead has had 762 building permits issued with a total estimated project cost of $169,328,741. This includes 561 new construction permits totalling $155,337,738 in estimated investment.

561
New Construction
201
Renovations & Other
0
Demolitions
$169,328,741
Total Investment

Source: City of Calgary Building Permits dataset. Permits issued since January 2024.

Community Disorder Statistics

Calgary Police Service recorded 27 disorder events in Homestead during 2024, up 35.0% from the previous year.

Year Disorder Events Change
2024 27 +35.0%
2023 20 +66.7%
2022 12

Source: Calgary Police Service Community Disorder Statistics via City of Calgary Open Data. “Disorder” includes disturbances, noise complaints, threats, and public safety incidents.

Demographics (2021 Census)

Census data is not yet available for Homestead. This community may be too new for inclusion in the 2021 Census, or data may have been suppressed for privacy.

N/A
Ages 0–19 (0%)
N/A
Ages 20–39 (0%)
N/A
Ages 40–64 (0%)
N/A
Ages 65+ (0%)

Source: 2021 Census of Canada, applied to 2022 City of Calgary community boundaries.

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Data Sources

Contains information licensed under the Open Government Licence – City of Calgary.

Data is provided “as is” and may contain errors or omissions. This site is not affiliated with, endorsed by, or operated by the City of Calgary.

Last updated: April 12, 2026

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