Calgary Neighbourhood Profile

Homestead

NE Calgary 1,143 properties
Average Property Assessment
$622K
↓ Below city avg
YoY Value Change
-19.8%
↓ Below city avg
Properties
1,143
Permits Since 2024
798

Homestead Calgary is a new-build community in far-northeast Calgary along the Metis Trail corridor north of Stoney Trail, with construction and first occupancies through the early 2020s and an active build-out still underway. The community sits adjoining the Skyview Ranch and Cityscape far-NE cluster and is small by Calgary standards: 1,131 residential properties on the current assessment roll, with an average year built of 2023. Average assessed value sits at $622K, down -19.8% year-over-year against the citywide average change of +15.2% — a swing that reads as a strong mix effect rather than a market decline. The property count grew from 337 in 2023 to 939 in 2025 as successive release phases opened, and new units at lower entry prices pulled the community-wide average downward as they came onto the roll. Since 2024 alone the community has absorbed 561 new-construction permits, one of the highest permit-to-property ratios among Calgary communities in this batch. The full comparative picture is inside Calgary’s 219 community profiles.

Key Insights

What the data says

Property Values

Average assessed value of $622K — below the city average of $732K.

Slower Growth

Year-over-year growth of -19.8% trails the city average of 15.2%.

Community Data

Explore the full data profile for Homestead below.

Community Data

Explore the full data profile for Homestead below.

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Property Data

Property Values in Homestead

Average Property Assessment
Pulled from the City of Calgary's live current-year assessment feed, using a broad aggregation across all residential parcels. Shown in the snapshot at the top of the page and in the "vs Calgary Average" card below.
Year-End Assessment Roll
Official year-end assessment roll for each year, using a narrower per-year methodology. Shown in the chart and table below. Authoritative for year-over-year trend comparisons.
2023
$404,335
2024
$731,322
2025
$586,600
Year Year-End Assessment Roll Properties YoY Change
2023 $404,335 337
2024 $731,322 367 +80.9%
2025 $586,600 939 -19.8%
vs Calgary Average
Homestead $622K
City Average $732K
-15.1% below city average

Why two numbers?

Assessment-roll averages in Homestead have climbed 45.1% over the last 3 years, from $404,335 in the 2023 roll to $586,600 in the 2025 roll. The Average Property Assessment in the snapshot above ($622K) is drawn from the live current-year assessment feed, which uses a broader aggregation than the year-specific rolls in the table — small differences between the two are normal.

Development

Building Activity in Homestead

586
New Construction
$161.5M invested
0
Renovations
$0 invested
0
Demolitions
$0 value
798
Total Permits
$176.2M total investment
Safety

Community Safety in Homestead

In 2024, Homestead recorded 46 disorder events — 0 events per 1,000 residents, below the city average of 53.5.

Year Events Change
2022 12
2023 20 +66.7%
2024 27 +35%
New methodology & data source (see note below)
2024 46
2025 60

CPS revised how disorder events are counted in 2024 and moved to a new data source. Pre-2024 numbers reflect the older definition and aren't directly comparable to 2024-onward.

Partial year — coverage limited to months published by CPS to date.

Disorder Rate Comparison
Events per 1,000 residents
Homestead
0
City Average
53.5
Live · every 30 s

Traffic cameras near Homestead

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Live images from City of Calgary traffic cameras within ~4 km of Homestead. Each camera refreshes every 30 seconds — click any pin to see the latest view.

Living in Homestead

The community reads as a still-completing far-northeast Metis Trail-corridor master-planned suburb, in the earliest stage of its move-in and build-out cycle. The dominant built form is post-2020 two-storey detached and attached townhouse on the compact lot footprints characteristic of the developer template of the early 2020s, with an average lot size well below the citywide detached average. Because the average year built across the current 1,143 properties is 2023, streetscapes carry the developer-fresh character of newly landscaped front yards, freshly paved collectors, and construction activity still active on the release edges. The community is small enough and new enough that it does not yet have the range of interior amenity that established Calgary NE communities carry — day-to-day amenity access works through the neighbouring far-NE communities in the same Metis Trail cluster, and the interior park and school infrastructure will continue to fill in as the release phases complete. No LRT station serves this part of northeast Calgary, and commuting into the inner city currently runs down Metis Trail and Stoney Trail west into the Deerfoot Trail corridor. The community’s geographic edge on the far-NE Metis Trail corridor gives new-build buyers direct road access to Stoney Trail without routing through the older established-NE arterials. Because the community sits in a still-developing cluster of similar-vintage communities, the daily experience of living here mixes the settled character of the earliest release blocks with the ongoing construction activity of the newest phases; the gradient across the community shifts each release cycle rather than settling into any single character-line.

Things to do in Homestead

Amenity access in a still-completing community like Homestead Calgary works through the adjoining far-NE communities in the Metis Trail cluster rather than through any interior main street. Skyview Ranch and Cityscape carry the closest retail and school catchments as the largest of the neighbouring communities, and the broader far-NE Stoney Trail corridor picks up the additional big-box, grocery, and restaurant catchments as those communities’ commercial nodes continue to build out. Because the census-2021 count was small enough that no full demographic distribution is published for the community, and because the release phases have been opening progressively since 2022, the on-the-ground amenity picture continues to change each year as new construction adds households and as planned interior sites — parks, schools, retail — complete against their master-planned catchment allotments. For a comparably active recent-build far-NE reference immediately adjacent in the same Metis Trail corridor, the Cornerstone profile is the closest same-cohort read. For the SE developer-lake variant of the same post-2020 master-planned build-out cycle, the Mahogany profile picks up the SE lake-community equivalent; the Legacy profile shows the same first-cohort family-formation pattern on the newer SE side of the city.

The Homestead real-estate read

An average assessed value of $622K places Homestead near the top of the current far-NE new-build price band, above the older established-NE bungalows and roughly in line with the newest release phases in the neighbouring Metis Trail communities. The reported -19.8% year-over-year change is a mix-effect swing rather than a straightforward appreciation signal — the property count grew from 367 in 2024 to 939 in 2025, more than doubling the assessment base in a single year, and the new-release units at lower entry prices pulled the community-wide average down as they came onto the roll. Buyers looking at the Property Values section above should read the year-over-year change against that combined signal rather than treating it as a per-unit price movement on a fixed housing. Building Activity is the second-largest volume in the batch by permit-to-property ratio: 798 new-construction permits since 2024, 0 demolitions, and 10 suite permits, with the total permit count above 760 for the two-year window. That volume is the direct signal of a community still inside its main release-and-build cycle. For an SE post-2020 master-planned comparison at a similar build-vintage and price band, the Legacy and Mahogany profiles round out the comparison set; the adjacent Cornerstone profile picks up the same NE build-out submarket at a slightly earlier release cycle. Buyers weighing entry to the community should read the current $623K average against the mix-effect signal rather than the year-over-year change alone; the individual release-phase price bands sit inside the developer’s published pricing rather than the assessment-roll average, and the two-year permit stream is likely to keep both the average and the property count moving as further phases complete.

FAQ

Common Questions About Homestead

Why are there two average values on this page?

The page shows two related but distinct figures because they come from two different official City of Calgary datasets with different aggregation methods. The Average Property Assessment (in the snapshot at the top of the page and in the "vs Calgary Average" card) is drawn from the City's live current-year assessment feed, using a broad aggregation across all residential parcels. The Year-End Assessment Roll figures in the Property Values chart and table below come from a separate dataset that captures each year's official year-end roll, using a narrower per-year methodology. Both are official data — the small difference between them is normal and reflects the different aggregation windows. For an at-a-glance current value, use the Average Property Assessment; for authoritative year-over-year trends, use the Assessment Roll.

What's the average house price in Homestead?

The average assessed value in Homestead is $622K across 1,131 residential properties on the current roll. The dominant housing form is post-2020 two-storey detached and attached townhouse built during the community's ongoing release cycle, with an average year built of 2023 and lot footprints noticeably smaller than the citywide detached average.

How is the Homestead real estate market?

Homestead's reported year-over-year change reads as a mix-effect swing rather than a per-unit price movement. The property count grew from 367 in 2024 to 939 in 2025 as new-release units at lower entry prices came onto the roll and pulled the community-wide average down, even as the community absorbed 798 new-construction permits since 2024.

Is Homestead safe?

The Safety section above shows current Calgary Police Service disorder counts and how Homestead compares with the Calgary baseline. Because the community is still in its main build-out phase and the resident population is growing quickly, the absolute event count is small but rising year-over-year as the community's population and street activity both continue to grow.

Is Homestead a good place to live?

Homestead suits first-time and family-formation buyers looking for recently built two-storey detached and townhouses at a far-northeast Calgary price point. The community is small, new, and still actively building out, so the amenity mix will continue to change year-over-year as neighbouring commercial and interior park sites complete.

What is Homestead known for?

Homestead is best known as one of Calgary's newest active-build far-northeast communities in the Metis Trail corridor north of Stoney Trail. The community's first residents moved in through the early 2020s, and the 798 new-construction permits since 2024 alone reflect the current release-and-build cycle.

How far is Homestead from downtown Calgary?

Homestead sits in far-northeast Calgary along the Metis Trail corridor, well outside the inner-city ring. There is no LRT station serving this part of northeast Calgary; commuting into downtown typically runs down Metis Trail and Stoney Trail west into the Deerfoot Trail corridor.

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Community Association

Homestead

The Homestead represents the residents of Homestead. Community associations organize local events, advocate for neighbourhood improvements, and connect residents.

homesteadcalgary.ca
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