Calgary Neighbourhood Profile

Richmond

SW Calgary 5,250 residents 2,201 properties
Average Property Assessment
$911K
↑ Above city avg
YoY Value Change
+16.2%
↑ Above city avg
Properties
2,201
Permits Since 2024
255

Richmond is an SW Calgary inner-city neighbourhood in the middle of the city’s most active teardown-and-rebuild cycle. The numbers from the most recent permit cycle tell the story straight: 131 new-construction permits and 59 demolition permits filed since 2024, an unusually high ratio of redevelopment activity in a community of 2,208 properties. Average year built sits at 1990 — but that average is being pulled forward year over year as the original 1950s and 1960s housing stock is replaced with infill duplexes, semi-detached row houses, and the occasional small multi-family build. Average assessed value lands at $911K, up 16.2% year-over-year against the city average of +15.2% reflecting the redevelopment premium. The full read sits inside Calgary’s 219 community profiles.

Key Insights

What the data says

Property Values

Average assessed value of $911K — above the city average of $732K.

Value Trend

Property values grew 16.2% year-over-year, outpacing the city average.

Lower Disorder Rate

33.1 events per 1,000 residents — below the city average of 53.5. A relatively quiet community.

Demographics

5,250 residents call Richmond home, with 36.9% aged 20-39.

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Property Data

Property Values in Richmond

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
$689,455
2024
$756,072
2025
$878,811
Year Year-End Assessment Roll Properties YoY Change
2023 $689,455 2,158
2024 $756,072 2,178 +9.7%
2025 $878,811 2,182 +16.2%
vs Calgary Average
Richmond $911K
City Average $732K
+24.3% above city average

Why two numbers?

Assessment-roll averages in Richmond have climbed 27.5% over the last 3 years, from $689,455 in the 2023 roll to $878,811 in the 2025 roll. The Average Property Assessment in the snapshot above ($911K) 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 Richmond

136
New Construction
$85.5M invested
0
Renovations
$0 invested
59
Demolitions
$0 value
255
Total Permits
$95.2M total investment
Safety

Community Safety in Richmond

In 2024, Richmond recorded 174 disorder events — 33.1 events per 1,000 residents, below the city average of 53.5.

Year Events Change
2022 209
2023 203 -2.9%
2024 168 -17.2%
New methodology & data source (see note below)
2024 174
2025 141

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
Richmond
33.1
City Average
53.5
Demographics

Who Lives in Richmond

20.1%
Ages 0–19
1,055 residents
36.9%
Ages 20–39
1,935 residents
32.1%
Ages 40–64
1,685 residents
10.9%
Ages 65+
570 residents
What this means: Richmond has a balanced age distribution across all demographics, supporting a diverse community character.
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Live images from City of Calgary traffic cameras within ~4 km of Richmond. Each camera refreshes every 30 seconds — click any pin to see the latest view.

Living in Richmond

Richmond’s street-level texture is the inner-city Calgary teardown landscape mid-transformation. On any block, original mid-century bungalows sit beside newly poured concrete foundations and recently completed three-storey semi-detached infill. The mix is constant rather than uniform, which is what gives the neighbourhood its distinctive in-flux character — there is no single dominant built form, only a moving snapshot of inner-city Calgary redeveloping in real time. Richmond is bounded by Crowchild Trail to the west and 14 Street SW to the east, with the 33 Avenue SW commercial strip forming the southern boundary along the line shared with Marda Loop. To the north, 17 Avenue SW carries Richmond’s residential stock straight up to the SAIT and downtown corridors. The Sandy Beach Park stretch along the Elbow River runs south of the community across Glenmore Trail, a short drive or longer walk for residents on the east side. Richmond School, the CBE elementary anchor, sits within the neighbourhood; for high school, students stream into Western Canada High in the Beltline or other CBE catchments to the north depending on address.

Things to do in Richmond

The 33 Avenue SW commercial strip — shared with Marda Loop on its southern flank — is the most concentrated dining and retail destination, with bakeries, coffee shops, restaurants, and small independent retail running for several blocks from Crowchild Trail east. Anchors along the strip include the Marda Loop Brewing Co., several long-standing breakfast and brunch spots, and a handful of bookshops and independent grocers that pull regular weekend foot traffic from the surrounding inner-city SW. Richmond Green Park is the largest green space within the community’s boundary, a fully landscaped neighbourhood park with playground, sports field, and pathway connections, and the venue for the annual Richmond and Knob Hill Community Association summer events. The Crowchild Trail and 17 Avenue SW intersection puts the area within ten minutes by car of downtown Calgary, Stampede grounds, and the Currie Barracks redevelopment area immediately southwest. For Elbow River access, Sandy Beach Park is the closest pathway-and-river park, accessible by bike via 14 Street SW or by car across Glenmore Trail. Calgary Transit’s Sunalta Blue Line station, located in the adjacent community to the northeast, is the closest LRT — a short cycle or bus ride from most addresses inside the neighbourhood. For a comparable inner-city SW community with a similar redevelopment trajectory but a slightly higher value point, the Altadore profile sits one community south across 33 Avenue and is the natural cross-reference.

Who lives in Richmond

The age profile tilts firmly toward young working-age households. Of the 5,250 residents recorded in the 2021 census, 1,935 (37%) are aged 20-to-39 — among the higher 20-39 shares for any SW Calgary inner-city profile. The 40-to-64 cohort sits at 1,685, or 32%, which is the natural follow-on demographic settling into the larger infill semi-detached and single-family rebuilds. Children under 19 number 1,055 (20%), pointing to a real if measured family presence — Richmond is not a condo-tower demographic; the new builds are sized for households. Seniors 65 and up form 570 residents (11%), the smallest cohort, reflecting both the redevelopment turnover of the original 1960s housing stock and the inner-city pricing band that has moved beyond first-time-buyer reach. The Aspen Woods profile is the closest SW cross-reference for a young-working-age demographic mix at a higher value tier.

The Richmond real-estate read

Average assessed value of $911K positions Richmond above the city average of $732K but well below SW Calgary’s high-end inner-city profiles. The 16.2% year-over-year gain against the city’s +15.2% mark — appreciation tracking faster than the city baseline, consistent with the redevelopment thesis. The defining number is the 131 new-construction permits in the most recent cycle; very few Calgary communities carry that volume, and the total new-construction permit value clears $66 million. The 59 demolition permits filed against existing stock confirms this is teardown activity rather than greenfield infill — a knockdown-and-rebuild zone in real time. For a similar inner-city value tier with active infill, the Strathcona Park and Glendale profiles are the closest reads further west of Crowchild. For the neighbour directly south on the SW edge of the Glenmore Reservoir, see Bayview.

FAQ

Common Questions About Richmond

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 Richmond?

Richmond's average assessed value is $911K, above the city average of $732K. The community sits in the middle band of SW Calgary inner-city pricing, with a built-stock mix that runs from 1960s original detached homes to post-2020 semi-detached infills.

How is the Richmond real estate market?

Richmond is one of Calgary's most active redevelopment markets. Permit data shows 131 new-construction and 59 demolition permits filed since 2024, with year-over-year values up 16.2% — faster than the city's +15.2% average. This is teardown-and-rebuild territory rather than turnkey purchase.

Are there schools in Richmond?

Richmond School, a Calgary Board of Education elementary, sits inside the community. Junior-high and high-school students stream into CBE catchments to the north — Western Canada High in the Beltline is the most common high-school destination depending on address.

Are there parks in Richmond?

Richmond Green Park is the largest interior green space, with a playground, sports field, and pathway connections. Sandy Beach Park along the Elbow River sits south of Glenmore Trail and is the closest pathway-and-river park accessible by bike from most addresses.

Is Richmond safe?

Richmond's disorder rate is 33.1 events per 1,000 residents — below Calgary's 49.6 per 1,000 baseline. The year-over-year disorder trend is down 17.2% on 2023 figures, reinforcing the read as a quieter-than-average SW Calgary inner-city profile.

Is Richmond a good place to live?

Richmond suits residents who want inner-city SW Calgary access with modern infill housing, the 33 Avenue SW dining strip on the doorstep, and faster-than-city appreciation. The trade-offs are constant construction activity on neighbouring lots and a price point above the city average.

How far is Richmond from downtown Calgary?

Richmond sits about four kilometres southwest of downtown Calgary. The drive is roughly 10 minutes via Crowchild Trail or 17 Avenue SW, and Sunalta C-Train station in the adjacent neighbourhood to the northeast delivers downtown in under 10 minutes by rapid transit.

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Community

Community Association

Richmond / Knob Hill

The Richmond / Knob Hill represents the residents of Richmond. Community associations organize local events, advocate for neighbourhood improvements, and connect residents.

richmondknobhill.ca
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