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.

BUNGALOWS FOR SALE IN VARSITY CALGARY

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  • 4228 Voyageur Drive NW in Calgary: Varsity Detached for sale : MLS®# A2161638

    4228 Voyageur Drive NW Varsity Calgary T3A 0J4
    Main Photo: 4228 Voyageur Drive NW in Calgary: Varsity Detached for sale : MLS®# A2161638
    $699,999
    Residential
    Status:
    Active
    MLS® Num:
    A2161638
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,354 sq. ft.
    Varsity for under $700,000! Solid Nu-West built 3+1 bedroom 1353 sq foot bungalow with oversized double detached garage, located on a no-through street. Choice of top-rated schools nearby including specialized programs like French, Mandarin & Special Needs. Several Junior & Senior High Schools including Sir Winston Churchill are a short distance away, as is the University of Calgary. Very convenient location close to Market Mall, University District, Alberta Children's Hospital, Foothills Hospital, LRT and more! Open and bright living/dining room, kitchen at the back, 3 spacious bedrooms including master with 2 piece ensuite, plus a 4 piece bathroom are all on the main level. The finished basement has a large bedroom (no egress window), 3 piece bathroom and a spacious rec room with wood burning fireplace and wet bar. Occupied by longtime owners. Roof redone 2019. Great private backyard with hot tub, patio, large 18'x26' parking pad, and 23'x23' double heated garage with 10' doors. Paved alley behind is a bonus. Low traffic street with recently built and very effective sound barrier wall. This home offers great possibilities. More details
    Listed by RE/MAX Real Estate (Central)
    DIANE RICHARDSON
  • 4908 Varsity Drive NW in Calgary: Varsity Detached for sale : MLS®# A2160718

    4908 Varsity Drive NW Varsity Calgary T4A 1A4
    Main Photo: 4908 Varsity Drive NW in Calgary: Varsity Detached for sale : MLS®# A2160718
    $768,000
    Residential
    Status:
    Active
    MLS® Num:
    A2160718
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    1,132 sq. ft.
    Welcome to 4908 Varsity Drive! This recently renovated bungalow seamlessly blends charm and functionality in the sought-after neighborhood of Varsity. With 6 spacious bedrooms, 2 full bathrooms and 200 amp electricity, this home is perfect for families seeking both comfort, convenience and value added. The fully developed basement features a separate entrance, offering a private retreat with 3 additional bedrooms, a second kitchen, a cozy living room, a dining area, and another full bathroom and laundry room with separate washer and dryer. Outside, you'll find an expansive, fully fenced yard complete with a wood deck and patio areas—ideal for entertaining or relaxing outdoors. The double detached garage is easily accessible from both the side and rear lanes, adding an extra layer of convenience. Located just a few blocks from serene green spaces, this home is close to top-rated schools, parks, shopping, major hospitals, the University of Calgary, and public transit. Offering a perfect mix of style, practicality, and comfort, this property is not only a wonderful place to live but also a smart investment opportunity. More details
    Listed by Century 21 Bamber Realty LTD.
    DIANE RICHARDSON
  • 4335 Vauxhall Crescent NW in Calgary: Varsity Detached for sale : MLS®# A2171735

    4335 Vauxhall Crescent NW Varsity Calgary T3A 0H8
    Main Photo: 4335 Vauxhall Crescent NW in Calgary: Varsity Detached for sale : MLS®# A2171735
    $774,900
    Residential
    Status:
    Active
    MLS® Num:
    A2171735
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,339 sq. ft.
    Welcome to 4335 Vauxhall Crescent NW, a charming bungalow nestled on a peaceful, tree-lined street in the highly sought-after community of Varsity. This beautifully maintained home offers over 2,400 sq. ft. of living space. Step inside to a bright and spacious living room, bathed in natural light from the stunning bay window, and centered around a cozy fireplace. The living area flows seamlessly into the formal dining room, creating a warm, inviting space perfect for gatherings and family dinners. The kitchen features abundant cabinetry, a bay window, a pantry, and ample counter space. The main floor layout is practical and functional, offering three generously sized bedrooms, including the primary suite, which boasts a four-piece ensuite and a walk-in closet. An additional four-piece bathroom completes the main floor. Downstairs, the fully developed basement provides even more space with a large recreation room featuring a wood-burning fireplace, a non-egress bedroom, a den/office, a four-piece bathroom, and plenty of storage. The laundry room is conveniently located in the basement as well. Step outside into the sunny west-facing backyard and enjoy the expansive composite deck with aluminum railing, raised garden beds, space for RV parking, and an oversized double detached garage. Recent upgrades include the majority of windows being replaced with vinyl, a new roof, high-efficiency furnace, garage door replacement, and fresh carpet in the basement. The street itself has seen several newly renovated homes, adding to the neighborhood's appeal. Located within walking distance to Varsity Acres School (K-5), playgrounds, and local shopping. This prime location also offers easy access to Market Mall, the University District, the University of Calgary, Alberta Children’s Hospital, and Foothills Hospital. More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 4175 Varsity Road NW in Calgary: Varsity Detached for sale : MLS®# A2163192

    4175 Varsity Road NW Varsity Calgary T3B 2Y6
    Main Photo: 4175 Varsity Road NW in Calgary: Varsity Detached for sale : MLS®# A2163192
    $1,949,000
    Residential
    Status:
    Active
    MLS® Num:
    A2163192
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,908 sq. ft.
    Rarely does a property with timeless elegance combined with high-end luxury come to market. Located in coveted Varsity Estates situated on a large corner lot with plenty of mature trees, this remodel was stripped down to the foundation and transformed into an absolute masterpiece. The luxurious presence of this home is instantly exemplified by the stunning curb appeal, with a truly unique modern farmhouse look, featuring stone and cedar accents, all highlighted by an exposed concrete driveway leading to your RARE triple attached garage (tandem). Upon entering, your eyes are drawn to the jaw dropping open to below entry showcasing the high vaulted ceilings, stunning open riser staircase, custom glass railing, and modern chandelier that truly acts as the center piece of this home. The entry of this home is complete with a large custom mudroom area featuring an abundance of storage, stunning tilework, and a custom garden. The large living area is complete with an elegantly tiled 75 inch, 3-sided electric fireplace. The main level of this grand residence is filled with natural light with no outdoor noise, thanks to the TRIPLE PANE ‘Tilt and Turn’ European windows. The designer kitchen encapsulates this house as an entertainer's dream with its stunning two-tone cabinetry including REAL oak cabinets, 14-foot island, and stunning paneled JennAir appliance package, perfect for any chef! Adjacent to the kitchen you have a large dining area that features a stunning glass door that provides an abundance of light and leads directly to the deck, encouraging a seamless indoor/outdoor lifestyle. The main floor continues to wow with a custom-built reading nook featuring a stunning built in bookshelf, this area of the home seamlessly flows into your stunning main floor office overlooking the green space across. The main floor also features a spacious laundry room and 2-piece powder room that is sure to wow your guests! Down the hall you are welcomed to one of TWO primary bedrooms. The first primary bedroom features a large walk-in closet and a 3-piece bathroom with a custom-built shower and heated flooring. Moving to the second primary bedroom the wow factor continues with stunning vaulted ceilings, a custom walk-in closet hidden behind a hidden feature wall, and a stunning 5-piece bathroom, with dual vanities, a free-standing tub, heated flooring, a large custom shower, and a stunning chandelier. Like the main floor, the basement of this home is an entertainer's dream! Starting with the open Rec Room featuring a large entertainment unit, an electric fireplace, a large wet bar, and a custom work desk. The lower level is complete with 2 additional bedrooms and a 4-piece bathroom. The fully finished triple car tandem garage features a garage heater and can fit a full-size truck with a maximum height of 6’9”. This remodel had no item overlooked with brand new electrical, furnace, HVAC, Air Conditioning, and plumbing. Luxury, Functionality, Location and Unbeatable Value! More details
    Listed by Greater Property Group
    DIANE RICHARDSON
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Data was last updated November 13, 2024 at 04:05 PM (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.