New Homes in Calgary Under $500,000 | Affordable Homes for Sale

Are you looking for an affordable new home for sale in Calgary under $500,000? We have the perfect selection of new homes in Calgary under 500k for you to choose from. Our selection of new homes in Calgary under 500000 offers a variety of styles and layouts for you to find the perfect fit for your lifestyle. Whether you're looking for a modern apartment or a traditional family home, we've got the perfect property for you. Take a look at our selection of new homes in Calgary under 500k and find the perfect home for you and your family today!
Here are the latest Calgary new construction homes can be found here on our website, mypadcalgary.com by searching below for properties that have been recently built.. When you notice anything that sparks your curiosity and you're ready for a deeper look, kindly email, text, or get in touch with me. You are welcome to schedule a private viewing at any time.
Make a call to Diane Richardson at 403.397.3706

CONTACT DIANE RICHARDSON

When any Calgary Real Estate Listings looks interesting and you’d like a closer look please email, text or call and I’ll arrange your private viewing, at your convenience. You can reach me by phone or text at 403-397-3706 and email. Please be sure to include the property address or MLS® number for the listing you are interested in.

Take advantage of our proven marketing systems to list your home for sale in Calgary or contact me today to arrange a private showing of any property you see here on mypadcalgary.com.

How much does a new build cost in Calgary?

The cost of a new build in Calgary can vary depending on several factors, such as the size of the home, the materials used, the location of the property, and the complexity of the design.

As of 2021, the average cost to build a new single-family home in Calgary is approximately $250 to $350 per square foot. This means that a 2,000 square foot home could cost anywhere from $500,000 to $700,000 to build. However, it is important to note that these are just average estimates, and the actual cost of a new build in Calgary can vary significantly depending on the specific details and requirements of the project.

What are the newest communities in Calgary? (as of August 2021)?

  1. Belmont - located in the southwest of Calgary, Belmont is a new community that offers a mix of residential, commercial, and recreational spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  2. Cornerstone - situated in the northeast of Calgary, Cornerstone is a modern and sustainable community that offers a mix of residential, commercial, and institutional spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

  3. University District - located in the northwest of Calgary, University District is a new urban community that is designed to be walkable and bikeable. It offers a mix of housing options, including apartments, townhomes, and single-family homes, as well as retail and commercial spaces.

  4. Livingston - situated in the north-central part of Calgary, Livingston is a new master-planned community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and apartments.

  5. Yorkville - located in the southwest of Calgary, Yorkville is a new community that offers a mix of residential and commercial spaces. It has a variety of housing options, including single-family homes, townhomes, and duplexes.

The latest new MLS listings for houses in Calgary

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  • 134 Erin Woods Circle SE in Calgary: Erin Woods Detached for sale : MLS®# A2139766

    134 Erin Woods Circle SE Erin Woods Calgary T2B 3E1
    Main Photo: 134 Erin Woods Circle SE in Calgary: Erin Woods Detached for sale : MLS®# A2139766
    $364,900
    Residential
    Status:
    Active
    MLS® Num:
    A2139766
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,307 sq. ft.
    Are you a first-time buyer or maybe you are just someone that needs more space? This fantastic 4 bedroom 1300sqft home just might be perfect for you. The location of this home is great, first off you own your own lot so no rent payments for you. Secondly, this home is just off of Peigan Trail with easy access to Deerfoot Trail and 52nd street. Another great feature is that all your living space is on one level, everything at your fingertips. This home has a very open floor plan with two of the bedrooms and 4-piece main bath being right off the main entrance and the spacious living room, kitchen and dining room to the left. The kitchen is a great space with stainless steel appliances, an island, ample cupboards and counter space. Just off the kitchen is another room with French doors that can be used for another bedroom or office. As you move down the hallway, there is the laundry room and back door access. The last room to view is the master bedroom and ensuite which covers the entire back of the home. The backyard has a large deck, 2 sheds, and a private enclosed porch. The front tandem driveway is partially covered by a carport for year-round comfort. Other great features of this home are laminate flooring, tile tub surround in both bathrooms, sky light, some newer windows (2021) new furnace and central air conditioning (2021). More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 214 27 Avenue NW in Calgary: Tuxedo Park Detached for sale : MLS®# A2140501

    214 27 Avenue NW Tuxedo Park Calgary T2M 2H4
    Main Photo: 214 27 Avenue NW in Calgary: Tuxedo Park Detached for sale : MLS®# A2140501
    $400,000
    Residential
    Status:
    Active
    MLS® Num:
    A2140501
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    735 sq. ft.
    Primarily land value only. A significant opportunity to build your dream home in Tuxedo Park! This RC-2 zoned lot is 25' wide x 120' deep, situated on a quiet tree-lined street. Whether you're dreaming of a custom home, an up/down duplex, or even a carriage house (subject to City of Calgary approval), the possibilities are endless. There is already a good mixture of new & well-kept older homes, and the community has a lot of character! Walk to Confederation park, Downtown Calgary, & all the shops and restaurants in this inner-city location. The property is being sold AS IS, WHERE IS with no warranties or representations. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 79 COVENTRY Lane NE in Calgary: Country Hills Detached for sale : MLS®# A2139904

    79 COVENTRY Lane NE Country Hills Calgary T3K 4G4
    Main Photo: 79 COVENTRY Lane NE in Calgary: Country Hills Detached for sale : MLS®# A2139904
    $435,000
    Residential
    Status:
    Active
    MLS® Num:
    A2139904
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,087 sq. ft.
    WELCOME to your dream home nestled in the highly sought-after community of Coventry Hills. This beautiful and well-maintained detached residence boasts a functional and stylish layout perfect and modern living for both FIRST-TIME HOM BUYER or SAVY INVESTORS. WHAT’S INSIDE? - Living room, kitchen with dining space leads to exterior deck, 3-bedroom, 1.5 Bath, Recreational room, Den and utility Room. As you enter the main floor, you are greeted by a spacious living room filled with natural light, creating a warm and inviting atmosphere. The well-appointed kitchen, complete with modern appliances and ample cabinetry, seamlessly flows into the dining area. This space leads directly to the exterior deck, perfect for outdoor dining and entertaining. A convenient half bathroom completes the main floor. The second floor features a spacious primary bedroom, two additional bedrooms, and a full bath. This well-designed layout offers comfort and privacy for every member of the household. Experience the perfect blend of functionality and comfort in this thoughtfully designed home! The fully finished basement is a true highlight, featuring a versatile recreational room with a walkout to the exterior backyard, perfect for gatherings or a cozy night in. Additionally, the basement includes a den, ideal for a home office or guest room, and a utility room for extra storage and laundry facilities. Outside, the private backyard offers an ideal space for outdoor activities and relaxation. RECENT UPGRADES – (2019 – WINDOWS, FURNACE, HOTWATER TANK) (2021- KITCHEN APPLICANCES, COUNTER TOPS FOR KITCHEN AND ALL WASHROOMS, CARPET UPSTAIRS) The property also includes dedicated parking spaces for your convenience. Located in the well-established neighborhood, this home provides easy access to schools, parks, shopping centers, and major transportation routes. Enjoy the perfect balance of suburban tranquility and urban convenience. Schedule your viewing today and don’t miss out on this amazing opportunity. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 99 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2141317

    99 Erin Woods Drive SE Erin Woods Calgary T2B 2R9
    Main Photo: 99 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2141317
    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    A2141317
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,098 sq. ft.
    Check out this home in the beautiful community of Erin Woods. This home is located just steps from public transportation and close to schools, parks, and shopping. The main floor features a large kitchen with plenty of room in the eating area for a family size table. The dining room doors lead you to the rear patio and massive backyard. The living room has large windows that let in tons of natural light and a wood-burning fireplace that has never been used by the current owners. The second floor features three good-sized bedrooms and a full bathroom. The basement is partially finished with a recreation room and tons of storage space and laundry. Fenced Yard with at least 2 car parking rear with the possibility for RV parking as well. Great starter home and location. Great option for first-time home buyers or investors. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 3036 29A Street SE in Calgary: Dover Detached for sale : MLS®# A2140523

    3036 29A Street SE Dover Calgary T2B 0S3
    Main Photo: 3036 29A Street SE in Calgary: Dover Detached for sale : MLS®# A2140523
    $485,000
    Residential
    Status:
    Active
    MLS® Num:
    A2140523
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    949 sq. ft.
    Welcome to 3036 29A Street, a charming detached home on a unique street that fronts a scenic greenspace and walking path. This property features an open main floor, creating a bright and airy atmosphere perfect for family living. The kitchen, equipped with a peninsula for additional seating, flows seamlessly into the dining and living rooms, making it ideal for entertaining. The upper level boasts three spacious bedrooms and a updated four-piece bathroom, while the lower level offers two additional bedrooms, a three-piece bathroom, and a large family room for extra living space. The fenced backyard provides a safe and private area for outdoor activities, complemented by a single detached garage and additional parking for at least three more vehicles at the back of the lot. Significant updates in 2016 include a new furnace, hot water tank, all-new flooring, and a new roof, ensuring the home is move-in ready. Great access to Deerfoot or Downtown, and a short walk away from Valleyview park overlooking Inglewood and downtown. Don't miss this opportunity to own a beautifully updated, move in reach home at 3036 29A Street! More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 72 Castleridge Close NE in Calgary: Castleridge Detached for sale : MLS®# A2139990

    72 Castleridge Close NE Castleridge Calgary T3J 1Y9
    Main Photo: 72 Castleridge Close NE in Calgary: Castleridge Detached for sale : MLS®# A2139990
    $495,000
    Residential
    Status:
    Active
    MLS® Num:
    A2139990
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,101 sq. ft.
    ATTENTION: INVESTORS, FIRST TIME home buyers + GENERATIONAL FAMILIES. Beautiful BUNGALOW located in the heart of CASTLERIDGE on a quiet TREE lined street! Boasting over 2,140 sqft of fully developed space with SIDE ENTRANCE. Walking distance to Westwinds Shopping, LRT, BUSES, Amenities, Prairie Winds Park & Schools (Escuela St Paul Elementary, O.S. Geiger (K-6) + Bishop McNally High. Recent updates + improvements include: NEW ROOF, SIDING, EAVESTROUGH & FASCIA (2020), NEW SCREEN DOOR + WINDOWS (2023), bay windows (2016), NEW FENCING, GATES & CONCRETE STEPS + UPDATED 5 PC BATHROOM (2023). Functional main floor with spacious living room with wood burning FIREPLACE + dining room opens to functional kitchen with eat-in nook area with potential to be opened if desired. Fully renovated 5 pc bathroom with custom tiled tub/shower + new dual vanities. 3 good sized bedrooms, including large primary bedroom with BAY window. SIDE ENTRANCE DOOR allows for potential secondary suite “subject to approval and permitting by the City”. Open concept lower level with large rec + family room, 4th Bedroom, laundry + 3 pc bath. Nice side yard & back yard with NEW storage shed + parking pad. Exceptional property! More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 229 25 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2141312

    229 25 Avenue NE Tuxedo Park Calgary T2E 1Y2
    Main Photo: 229 25 Avenue NE in Calgary: Tuxedo Park Detached for sale : MLS®# A2141312
    $499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2141312
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    882 sq. ft.
    YOUR NEW HOME ... is a charming two-bedroom bungalow in the inner-city community of Tuxedo, with a walk score of 91 and a bike score of 86! Two blocks away is Centre Street, one block away is Edmonton Trail, giving you walkable and bike access to some sure to be your new favorites like Lina’s Italian Market & Café, Safeway, bakeries, all kinds of medical specialists, then there's 16 ave a few blocks away too. If you're a golfer, The Winston Golf Club & Fox Hollow are close. If you have a fur baby, there's 2 off leash parks for them to wander and play. With summer around the corner, you will be sure to want to visit Mount Pleasant Outdoor Pool and afterwards stroll through Confederation Park. This prime location offers convenient access to major routes while being nestled in the middle of a quiet street, ensuring peace and tranquility. Surrounded by multimillion-dollar properties, this home presents an excellent investment opportunity. Enjoy a blend of vintage charm and modern updates throughout the house. The dining room features vaulted ceilings and opens onto a private, low-maintenance backyard—perfect for entertaining. Additionally, the property includes a versatile custom built shed ( 12.8x8.11) complete with full electrical connections, ideal for a home office, creative studio, uber cool bar area or she/he shed. Your off street parking is beside it. Inside, the back entrance leads to a small office area, and a staircase ascends to the developed lofted second bedroom/ flex room area. Ready for immediate occupancy, this home allows you to start enjoying outdoor gatherings in your backyard right away. Conveniently located near bus routes and just 10 minutes from downtown, this home combines comfort, convenience and accessibility. FUN FACTS about your new home ...The custom shed was originally a Calgary Stampede beer shed, the window was the serving window. The house was the original Tuxedo Park homestead. All of the wiring in the loft and shed is exposed industrial electric to give more of a industrial look. The deck is made from Indonesian bata wood, if sanded it will be stunning! Intrigued? Book your showing fast! More details
    Listed by MaxWell Capital Realty
    DIANE RICHARDSON
  • 923 37 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2138367

    923 37 Street SE Forest Lawn Calgary T2A 1C9
    Main Photo: 923 37 Street SE in Calgary: Forest Lawn Detached for sale : MLS®# A2138367
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2138367
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    863 sq. ft.
    This lovingly maintained and move-in ready home is awaiting it's new family. 3 bedrooms and a 4 piece bathroom on the Main level, Kitchen full of natural sunlight with sliding patio doors onto the large deck to enjoy the WEST facing huge backyard. Basement is fully finished with an additional large bedroom , 3 piece bathroom , family room and laundry area. The double detached garage has a furnace and new shingles as of a couple years ago. Main floor has been professionally painted & new carpet in the last couple years, brand new furnace just installed. Plenty of room for RV parking. Great location with easy acess to transportation (LRT), shopping and major roadways. More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 2415 Crestwood Road SE in Calgary: Ogden Detached for sale : MLS®# A2140545

    2415 Crestwood Road SE Ogden Calgary T2C 0E1
    Main Photo: 2415 Crestwood Road SE in Calgary: Ogden Detached for sale : MLS®# A2140545
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2140545
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,101 sq. ft.
    Great Investment Opportunity in Ogden! Discover this promising investment in the rapidly developing community of Ogden. With R2 zoning, a 50-foot wide lot, an illegal suite downstairs, and a spacious sunny backyard, this home offers multiple attractive features. The main floor is thoughtfully designed with 2 bedrooms, a 4-piece bathroom, an open kitchen overlooking a sizable dining area, and a large family room featuring a wood-burning fireplace for cozy evenings. A few steps down from the kitchen lead to a shared laundry room on the landing. The illegal basement suite boasts 2 bedrooms, a 3-piece bathroom, a family room perfect for a big screen TV, and a well-sized kitchen. The property also includes a front yard parking spot for your RV and ample space in the backyard to build your dream garage. This home offers versatile options: live in, rent out, or hold the property for future redevelopment into a new home or two infills, as seen in the neighborhood recently. Priced competitively and ready for you to seize this outstanding opportunity! More details
    Listed by Real Estate Professionals Inc.
    DIANE RICHARDSON
  • 963 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2141029

    963 Erin Woods Drive SE Erin Woods Calgary T2B 2W4
    Main Photo: 963 Erin Woods Drive SE in Calgary: Erin Woods Detached for sale : MLS®# A2141029
    $509,000
    Residential
    Status:
    Active
    MLS® Num:
    A2141029
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,070 sq. ft.
    Situated in a friendly and vibrant neighborhood, this house is the perfect home. The house boasts a spacious layout, with three cozy bedrooms, one full bathroom, and one half bathroom . The living area is bright and inviting, perfect for relaxing or entertaining. The kitchen is modern and functional, featuring ample counter space and updated appliances. One of the highlights of this home is the backyard. It's a serene retreat with space for gardening, barbecues, or simply enjoying the outdoors. We even have a charming deck that has made the backyard its home. Additionally, the cement pad provides convenient parking for your car. The basement is fully developed, offering extra living space. Erin Woods is a fantastic community, offering parks, schools, and amenities within walking distance. Easy access to major roads makes commuting to downtown Calgary or other parts of the city a breeze. More details
    Listed by homeFree
    DIANE RICHARDSON
  • 144 Taradale Close NE in Calgary: Taradale Detached for sale : MLS®# A2141445

    144 Taradale Close NE Taradale Calgary T3J 3E6
    Main Photo: 144 Taradale Close NE in Calgary: Taradale Detached for sale : MLS®# A2141445
    $509,900
    Residential
    Status:
    Active
    MLS® Num:
    A2141445
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,109 sq. ft.
    Welcome to this beautiful detached situated in the sought-after community of Taradale. Located on a quiet street, this home features 3 bedrooms and 1.5 baths. Spanning across two storeys, this home encompasses over 1100 sq ft of comfortable living space. As you enter, the main floor welcomes you with beautiful laminate flooring throughout. The spacious living room has large windows and flows seamlessly into the dining area. The updated kitchen is equipped with granite countertops, pristine white cabinetry and appliances. An abundance of natural light streams in through the large south facing windows, illuminating the space. Ascend upstairs to find 3 bedrooms and a full 4-piece bath. The partially finished basement offers endless possibilities to create your dream space. The backyard is designed for low maintenance and is perfect for outdoor entertaining and enjoyment. A large parking pad provides parking for multiple vehicles. Location is great with close proximity to schools, playgrounds, restaurants, and shopping. Whether you're searching for an excellent family home or an outstanding investment opportunity, this remarkable property caters to both. Book your private viewing today! More details
    Listed by 2% Realty
    DIANE RICHARDSON
  • 131 Falton Way NE in Calgary: Falconridge Detached for sale : MLS®# A2140318

    131 Falton Way NE Falconridge Calgary T3J 1J5
    OPEN HOUSE: Jun 16, 2024
    12:00 PM - 05:00 PM MDT
    Open House on Sunday, June 16, 2024 12:00PM - 5:00PM
    Main Photo: 131 Falton Way NE in Calgary: Falconridge Detached for sale : MLS®# A2140318
    $525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2140318
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    855 sq. ft.
    Open house: Saturday June, 15, 2024 1-5PM, Sunday June, 16, 2024 1-5PM. Welcome to the diverse community of Falconridge in Calgary, where convenience and comfort meet. Falconridge is a thriving neighborhood offering a variety of local shops, easy access to public transit, and several reputable schools such as Falconridge Elementary School and Terry Fox Junior High School. The area is well-connected with multiple bus routes and nearby LRT stations, making commuting a breeze. This community also caters to diverse cultural needs, with places of worship for Christians, Hindus, Muslims, and Sikhs, along with numerous ethnic stores just a quick drive away. Nestled on a quiet street, 131 Falton Way is a charming 3-bedroom, 2-bathroom bungalow that offers both privacy and accessibility. With lane way access and ample parking, including an oversized double garage and an extra parking pad, you’ll never have to worry about finding a spot for your vehicles. This serene street is perfect for families and first-time homebuyers looking for a peaceful retreat. Step inside this cozy bungalow to find a welcoming living space featuring a beautiful bay window that floods the room with natural light. The main floor boasts two spacious bedrooms and a full bathroom. The modern kitchen, updated over the past three years, features contemporary finishes and appliances, making it a delightful space for cooking and entertaining. The home’s exterior has been thoughtfully updated with new siding, roof, windows, and eavestroughs, enhancing its curb appeal and durability. The property is fully fenced, making it perfect for children or fur babies to play safely. The finished basement offers additional living space with a third bedroom and another full bathroom, providing flexibility for guests or family members. Whether you need extra space for a home office, playroom, or guest suite, this basement has the potential to meet your needs. The oversized double garage, measuring 23.41x20.75 feet, also features new siding and a roof, ensuring that it’s as well-maintained as the house itself. Whether you need space for vehicles, storage, or a workshop, this garage has you covered. This home is a dream for first-time buyers looking for a move-in ready property in a friendly and convenient neighborhood. Opportunities like this don’t come around often, so don’t miss your chance to own a beautiful home in Falconridge. Schedule your viewing today and take the first step towards making 131 Falton Way your new address. More details
    Listed by eXp Realty
    DIANE RICHARDSON
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Data was last updated June 16, 2024 at 08:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.