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.

MAHOGANY HOMES PRICED FROM $700,000 to $800,000

The most recent MAHOGANY HOMES FOR SALE IN SE CALGARY here on DIANE-RICHARDSON.COM. HOMES FOR SALE IN MAHOGANY CALGARY. You will find all the MAHOGANY HOMES FOR SALE IN CALGARY & MAHOGANY 3 OR MORE BEDROOM HOMES FOR SALE & NEW BUILD MAHOGANY HOMES FOR SALE available for sale on the CALGARY REAL ESTATE MARKET.  You can view all MAHOGANY HOUSES & TOWNHOMES FOR SALE available, There are numerous MAHOGANY REAL ESTATE LISTINGS available. All MAHOGANY HOUSES & CONDOS FOR SALE IN CALGARY include photos, neighbourhood information & amenities. 
When you see something that looks interesting and you’re ready for a closer look please email, text or call and I’ll arrange your private viewing at your convenience.

Diane Richardson @ 403.397.3706

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  • 647 Marine Drive SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2110953

    647 Marine Drive SE Mahogany Calgary T3M 2Z6
    Main Photo: 647 Marine Drive SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2110953
    $730,000
    Residential
    Status:
    Active
    MLS® Num:
    A2110953
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,099 sq. ft.
    Lakeside living at its finest! Presenting a fully developed bungalow villa with NO CONDO FEES, a $3,000 landscaping certificate and located steps to Mahogany's main beach, central park and across from the future historic Ollerenshaw farm. Enter into 9' knock down ceilings, a front lifestyle room with focal gas fireplace, luxury vinyl plank and connects seamlessly to the entertainment size kitchen boasting a plethora of stacked classic white cabinets, quartz counters, built in microwave and soft close mechanics. Off the kitchen is the family size dining area and access to the fully developed lower level. Convenient main floor laundry with access to the side entry to the private yard and double detached garage. The primary bedroom is set to the back of the plan, quiet and a generous size for all types of furniture placement with your beautiful 4 piece en-suite bath designed with storage, quartz counters, his and her sinks and full size shower. Open rail guides you to the lower level beginning with a media room, 2 added bedrooms a 4 piece bath as well as plenty of storage wrapped in sunshine windows and 9' ceilings. Experience this awarded winning 4 season community featuring 2 beaches, splash park, tennis, basketball and pickle ball courts, an urban village, parks, playgrounds, 74 acre wetlands, schools, transit, 22km of walking paths, 63 acre lake and year-round activities, both indoors and out. More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 110 595 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2117296

    110 595 Mahogany Road SE Mahogany Calgary T3M 2Z5
    Main Photo: 110 595 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2117296
    $759,900
    Residential
    Status:
    Active
    MLS® Num:
    A2117296
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,429 sq. ft.
    **YOU KNOW THE FEELING WHEN YOU'RE ON HOLIDAYS?** Welcome to Park Place of Mahogany. The newest addition to Jayman BUILT's Resort Living Collection are the luxurious, maintenance-free townhomes of Park Place, anchored on Mahogany's Central Green. A 13 acre green space sporting pickle ball courts, tennis courts, community gardens and an Amphitheatre. Discover the SHIRAZ! An elevated courtyard facing suite townhome with park views featuring the DOWN TO EARTH PALETTE. You will love this palette - The ELEVATED package includes an elegant textured hexagon kitchen backsplash. Luxe champagne gold cabinetry hardware. Sleek black finish on kitchen faucet. Stunning pendant light fixtures in gold and opal glass over kitchen eating bar. Matte black interior door hardware throughout. Large format wall tile at bathrooms around tub/shower, accented with unique hand-made style wall tile at vanity. The home welcomes you into over 1700 sq ft of developed fine living showcasing 3 bedrooms, 2.5 baths, flex room, den and a DOUBLE ATTACHED SIDE BY SIDE HEATED GARAGE. The thoughtfully designed open floor plan offers a beautiful kitchen boasting a sleek Whirlpool appliance package, undermount sinks through out, a contemporary lighting package, Moen kitchen fixtures, Vichey bathroom fixtures, kitchen back splash tile to ceiling and upgraded tile package through out. Enjoy the expansive main living area that has both room for a designated dining area, additional flex area and enjoyable living room complimented with a nice selection of windows making this home bright and airy along with a stunning liner feature fireplace to add warmth and coziness. North and South exposures with a deck and patio for your leisure. The Primary Suite on the upper level, overlooking the greenspace, includes a generous walk-in closet and 5 piece en suite featuring dual vanities, stand alone shower and large soaker tub. Discover two more sizeable bedrooms on this level along with a full bath and convenient 2nd floor laundry. The lower level offers you yet another flex area for even more additional living space, ideal for a media room or den/office. Park Place home owners will enjoy fully landscaped and fenced yards, lake access, 22km of community pathways and is conveniently located close to the shops and services of Mahogany and Westman Village. Jayman's standard inclusions for this stunning home are 6 solar panels, BuiltGreen Canada Standard, with an EnerGuide rating, UVC ultraviolet light air purification system, high efficiency furnace with Merv 13 filters, active heat recovery ventilator, tankless hot water heater, triple pane windows, smart home technology solutions and an electric vehicle charging outlet. To view your Dream Home today, visit the Show Home at 174 Mahogany Centre SE. WELCOME TO PARK PLACE! More details
    Listed by Jayman Realty Inc.
    DIANE RICHARDSON
  • 57 Masters Street SE in Calgary: Mahogany Detached for sale : MLS®# A2128599

    57 Masters Street SE Mahogany Calgary T3M 2R7
    Main Photo: 57 Masters Street SE in Calgary: Mahogany Detached for sale : MLS®# A2128599
    $779,900
    Residential
    Status:
    Active
    MLS® Num:
    A2128599
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    1,947 sq. ft.
    Welcome to Mahogany! This Porter model by Excel Homes is sure to please with over 2,600 square feet of developed space! There is a loft on the third level, featuring a 4 piece washroom, large bedroom, and den. Second level has 3 spacious bedrooms, while the main level features 9 foot ceilings, Engineered wood, and has a Chefs kitchen featuring Quartz counter tops. The basement suite (illegal)is Tenant occupied (April 2025), fully furnished, LVP Flooring, full kitchen with separate entrance, separate furnace thermostat, and separate stacked washer and dryer. All the work was professionally done with basement renovation permits. The Tenant pays $1,475 per month and is a great mortgage helper! Backyard has a large parking pad, 2 large openable doors to allow 2 cars to park, and a large Gazebo(for summer) which can be used as a car port during the winter. The front yard features a small, semi-permanent fence to keep small pets and kids inside the property. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 449 Marquis Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2129629

    449 Marquis Heights SE Mahogany Calgary T3M 1V1
    Main Photo: 449 Marquis Heights SE in Calgary: Mahogany Detached for sale : MLS®# A2129629
    $785,000
    Residential
    Status:
    Active
    MLS® Num:
    A2129629
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    1,853 sq. ft.
    Welcome to this immaculate 5-bedroom, 3-and-a-half-bathroom home situated perfectly in the best lake community in Southeast Calgary. Mahogany Lake is the largest lake in Calgary with 2 private beaches, features fishing piers, beach volleyball, a fire pit, picnic tables, hockey rinks and so much more. This beautiful home offers 9’ ceilings on all 3 levels, a total of 2779 Sf of living space, and an exceptional floor plan. The finishing throughout the home is impeccable. The main level greets you with a bright and open entry leading to the white spacious kitchen, with a 10-foot granite island, gas stove, and stainless-steel appliances, making it a dream for any culinary enthusiast. The living room is open, offering tons of natural sunlight, and a fireplace for those cold winters. Upstairs, you'll find three generously sized bedrooms, a master retreat with a walk-in closet and a 4-piece ensuite bathroom with a glass shower, two additional bedrooms, a laundry room, and a 4-piece bathroom, offering privacy and comfort for every member of your family. The basement is fully finished with 2 additional bedrooms and a 3-piece bathroom. Fully landscaped, fenced backyard, corner lot, with double detached garage. Close to Mahogany Lake, easy walk to playgrounds, a K-6 school, and other amenities this lake community has to offer. Whether you are an investor or a family looking for an exquisitely developed home, this is the one for you! More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 433 MAHOGANY Court SE in Calgary: Mahogany Detached for sale : MLS®# A2115981

    433 MAHOGANY Court SE Mahogany Calgary T3M 0T7
    Main Photo: 433 MAHOGANY Court SE in Calgary: Mahogany Detached for sale : MLS®# A2115981
    $799,900
    Residential
    Status:
    Active
    MLS® Num:
    A2115981
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,324 sq. ft.
    WONDERFUL 5 BED, 3.5 BATH FAMILY HOME IN HIGHLY DESIRABLE SE MAHOGANY LAKE COMMUNITY. An exceptional location, this 2,324 sq ft home is perfectly situated on a quiet cul-de-sac with no neighbours behind, plus quick and easy access to a wealth of amenities and major routes, including 52nd Street and Stoney and Deerfoot Trails. This open-concept main level is designed with tile and hardwood flooring, 10’ ceilings, lots of natural light, and a stunning cathedral entrance foyer. Down the hall is a spacious gourmet kitchen finished with elegant espresso cabinetry, pantry, SS appliances, granite countertops, tile backsplash, centre island, and an eat-up breakfast bar. A generously sized dining area also offers patio door access to a back deck, great for summer BBQs, and a very large, fenced back yard. The living room is ideal for entertaining and includes a cozy gas fireplace. A convenient 2 PC bathroom and access to the attached double garage completes this level. Upstairs is designed with a bonus room, and 3 good sized bedrooms, including a spacious primary suite with a vaulted ceiling, walk-in closet and a spa-like 5 PC ensuite bathroom with stand-up shower, soaker tub, dual sink vanity and separate WC. Completing this level is a laundry room with side-by-side appliances, and a 3 PC bathroom. All bathrooms are finished with granite countertops. There is no carpeting in the home. The fully developed lower level offers 2 large bedrooms, storage, 3 PC bathroom, and a games room. There’s so many opportunities for an active lifestyle within walking distance, including access to Calgary’s largest lake, Mahogany Lake, 2 private beaches, splash park, playground, picnic and BBQ areas, skating, walking trails, lots of recreation amenities, shops, restaurants and close to schools, South Health Campus and so much more. VERY WELL CARED-FOR HOME & dual zoning for air conditioning and heating. View the 3D tour, photos and floor plans and call for your private viewing today! More details
    Listed by Royal LePage Benchmark
    DIANE RICHARDSON
  • 537 Marine Drive SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2107188

    537 Marine Drive SE Mahogany Calgary T3M 2Z6
    Main Photo: 537 Marine Drive SE in Calgary: Mahogany Semi Detached (Half Duplex) for sale : MLS®# A2107188
    $800,000
    Residential
    Status:
    Active
    MLS® Num:
    A2107188
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,076 sq. ft.
    Welcome to this rare bungalow nestled in the highly coveted community of Mahogany, mere steps away from the tranquil lake. Upon entry, be impressed by the soaring 10ft ceilings, opulent vinyl plank floors, and an inviting open-concept design seamlessly connecting the kitchen, dining area, and living room – an ideal space for hosting gatherings. The living room provides breathtaking views of the lake and features a striking gas fireplace adorned with a herringbone patterned tile and finished with an exquisite white mantle. The kitchen is a culinary haven, boasting a substantial center island with a breakfast bar, accompanied by floor-to-ceiling cabinets that exude elegance. A premium stainless-steel appliance package (valued over 15k) enhances your culinary experiences. The primary bedroom is generously sized, featuring a walk-in closet and a spa-like ensuite. The 5-piece bath boasts a double vanity with quartz countertops, a spacious glass shower, and a soaker tub adorned with beautiful white tiling. As you make your way to the basement you will notice vinyl plank steps that lead into a large entertainment space - perfect for movie nights or sports enthusiasts. This level also encompasses two well-appointed bedrooms, and a 4-piece bathroom. Embrace comfort and technology with the inclusion of dual climate control zoning and an Air Conditioning unit to combat even the hottest summer days. The xeriscaped lot ensures easy landscaping during the summer months, complemented by a thoughtfully upgraded exposed concrete walkway that runs from the back of the home to the front steps, allowing easy and safe access to all doors. The spacious double detached garage adds convenience for storage needs and is wired with electrical an outlet to charge your electric vehicle. Welcome to a residence that seamlessly combines elegance, comfort, and breathtaking lakefront living. Residents of this esteemed lake community enjoy access to a variety of amenities, including PRIVATE LAKE ACCESS, recreational facilities, and scenic walking trails. The possibilities for leisure and enjoyment are endless. Conveniently located near shopping, dining, and entertainment options, this home offers the perfect balance of tranquility and accessibility. More details
    Listed by eXp Realty
    DIANE RICHARDSON
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Data was last updated May 14, 2024 at 04:05 PM (UTC)
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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.