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.

Just Listed $1,000,000 Calgary Luxury Homes

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  • 000 Conklin Road in Rural Lac La Biche County: A-4353 Residential Land for sale : MLS®# A2175340

    000 Conklin Road A-4353 Rural Lac La Biche County T0A 2C1
    Main Photo: 000 Conklin Road in Rural Lac La Biche County: A-4353 Residential Land for sale : MLS®# A2175340
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2175340
    1280 Acres. 3x deeded and 5x Lease quarters located on the North side of Lac La Biche Lake along the OWL River. Perimeter is fenced and there is lots of watering ponds. The Owl river divides the property to the East. A "real" cowboy could get his cattle to cross. Road access to East and West sides of this parcel. There is an old hunting cabin near the river with no utilities. More details
    Listed by COLDWELL BANKER UNITED
    DIANE RICHARDSON
  • 21 Cimarron Estates: Okotoks Detached for sale : MLS®# A2174514

    21 Cimarron Estates Okotoks Okotoks T1S 0M9
    Main Photo: 21 Cimarron Estates: Okotoks Detached for sale : MLS®# A2174514
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2174514
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,560 sq. ft.
    Pulling up to this custom-built 2023 bungalow in Cimarron Estates, you’ll be struck by its outstanding curb appeal, nestled on a spacious 1/3 acre lot. The home backs onto serene greenspace and a peaceful pond, offering a perfect blend of natural beauty and privacy. Step inside, and you'll be greeted by high ceilings and quality white oak laminate flooring, setting the tone for this elegant home. The living room, with its large windows, provides stunning views of the pond and greenspace to the South, making it the ideal space to relax and unwind by the marble gas fireplace. The heart of this home is the dream kitchen, featuring sleek stainless steel appliances, including a gas stove and oven, under-counter microwave, and a third drawer dishwasher. There’s ample counter space and storage, perfect for both everyday living and entertaining. The open concept design flows seamlessly into the dining area, making it the perfect gathering spot for family and friends. The primary bedroom is a true retreat, complete with a private entrance to the covered deck. The ensuite boasts a double vanity, two-seat shower, and a deep soaker tub, with a walk-in closet conveniently connected to the mudroom and laundry area. The mudroom offers plenty of hooks, closed-in washer and dryer space, and easy access to the garage. The double attached garage with floor drain is insulated and drywalled. A spacious second bedroom, ideal for a guest room or office, has jack-and-jill access to a full bathroom and its own walk-in closet. The unfinished basement, with its impressive 9-foot ceilings, is ready for your personal touch—whether you envision a home theatre, gym, or additional living space. Tons of storage space for all your extras and if you want to go green, this house has been roughed in with a conduit from the roof to the basement for easy install of a future solar panel system. Outside, the professionally landscaped yard, completed in 2023, offers easy maintenance with an eight-zone Rainbird sprinkler system, rock gravel edging, and a patio stone border. The covered deck, complete with a gas outlet for a BBQ or fire pit, is the perfect spot to enjoy warm summer nights. This home also includes keypunch entry systems for added security and convenience, as well as Gemstone lighting for elegance and seasonal decor. Located in the prestigious Cimarron Estates, this home offers not only luxury living but also the appeal of small-town charm in Okotoks. Just minutes from schools, parks, shopping, and the Dawgs baseball stadium, you’ll enjoy the best of both worlds—quiet, spacious living with all the amenities you need close by. Okotoks is known for its vibrant community, scenic surroundings, and friendly atmosphere, making it the perfect place to call home. Don’t miss out on this exceptional opportunity, schedule your private viewing today! More details
    Listed by RE/MAX First
    DIANE RICHARDSON
  • 2 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093465

    2 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 2 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093465
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093465
    Lot 2. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • On Hwy 816: Rural Red Deer County Residential Land for sale : MLS®# A2155823

    On Hwy 816 Rural Red Deer County Rural Red Deer County T4E 0V5
    Main Photo: On Hwy 816: Rural Red Deer County Residential Land for sale : MLS®# A2155823
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2155823
    Excellent un-subdivided quarter section of native pasture land on Highway 816 close to Pine Lake. Good grass and natural water sources for livestock. Large treed and open areas with fantastic recreation, wildlife viewing, and hunting (deer & moose) opportunities. Perfect parcel of land to build your dream home and yard site right off pavement and close to the lake, golf course, gas station/convenience store, and around 20 minute drive into Red Deer. More details
    Listed by CIR Realty
    DIANE RICHARDSON
  • 5645 Lakeside Way: Innisfail Residential Land for sale : MLS®# A2102897

    5645 Lakeside Way Innisfail Innisfail T4G 0H4
    Main Photo: 5645 Lakeside Way: Innisfail Residential Land for sale : MLS®# A2102897
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2102897
    Talk about LOCATION, LOCATION, LOCATION ~ this land is located directly across from the prestigious Innisfail Golf Course, and on Hwy 42 within Town limits! This 6.57 acres is currently zoned R-3 but with town approval it could be a single user or acreage lots. This land has so many different opportunities. There is also a Napoleon Lake frontage area included in this parcel. Developers ~ here is your chance to develop this amazing piece of prime land! Seller would entertain a partnership or look onto partially financing the buyer More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 6101 Township Road 314: Rural Mountain View County Detached for sale : MLS®# A2156595

    6101 Township Road 314 Rural Mountain View County Rural Mountain View County T0M 1X0
    Main Photo: 6101 Township Road 314: Rural Mountain View County Detached for sale : MLS®# A2156595
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2156595
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    771 sq. ft.
    154 ACRES in BERGEN! Private & quiet. BEAUTIFULLY TREED & private with a few natural SPRINGS on the land. 2 BED, 1 BATH. Well maintained BUNGALOW with SINGLE DETACHED GARAGE. From the front entry you are welcomed into a large living room with big bright windows. Open concept kitchen/dining area. Rounding off this floor are 2 good sized bedrooms and a 4pc. Bath. Basement is undeveloped. Garage & Home have tin roofs. The back yard used to have a beautiful garden plot and ~2acres fenced off for horses. Property is FULLY FENCED (new on the west boundary) Garden shed & small equipment shed a bonus. Many WALKING TRAILS through the quarter. Large CLEARING on each side for potential FUTURE BUILDING SITES. Here’s your chance to move to the country with endless opportunities for whatever you want your life to look like - whether it’s acreage living, a weekend getaway, gardening, or maybe even a home based business! If 154 acres isn’t enough…this is a great area for RECREATIONAL activities with lots of CROWN LAND nearby, a short drive west to the RED DEER RIVER, & Davidson Park for fishing / tubing! Less than 20 minutes to Sundre, 40 minutes to Olds, 90 MINUTES TO DOWNTOWN CALGARY. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 4 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093467

    4 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 4 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093467
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093467
    Lot 4. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 80 Street W: Rural Foothills County Residential Land for sale : MLS®# A2169819

    80 Street W Rural Foothills County Rural Foothills County T1S 0S5
    Main Photo: 80 Street W: Rural Foothills County Residential Land for sale : MLS®# A2169819
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2169819
    Nestled in Foothills County, this 38-acre parcel offers diverse opportunities within the shared inter-municipal development plan of Calgary and Foothills County, just a 10-minute drive from Calgary. Currently serving as pasture land, this property features a natural water spring, a VERY valuable asset especially during dry periods, renowned for its water quality and quantity. Additionally, adjacent 74 acres are available for sale (MLS A2163874). Enjoy close proximity to Spruce Meadows, Rocky Mountain Show Jumping, and Sirocco Golf Course, all within a 5-minute drive. With numerous ideal building sites and potential subdivision approval from Foothills County, this parcel promises endless potential for personalized construction or future development. The purchase price EXCLUDES GST; buyers not registered for GST must remit applicable GST to the seller's lawyer upon completion. Embrace the boundless possibilities of this remarkable land and shape your future!!! ADJACENT 74 ACRES TO THE NORTH IS ALSO AVAILABLE MLS A2163874 More details
    Listed by Century 21 Foothills Real Estate
    DIANE RICHARDSON
  • 6 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093468

    6 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 6 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093468
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093468
    Lot 6. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 43 Pineland Close NE in Calgary: Pineridge Detached for sale : MLS®# A2152376

    43 Pineland Close NE Pineridge Calgary T1Y 3H2
    Main Photo: 43 Pineland Close NE in Calgary: Pineridge Detached for sale : MLS®# A2152376
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2152376
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    3,040 sq. ft.
    1/3 ACRE PRIVATE LOT | 3000 sf 2 Story Home | Separated Basement Entry | There Is Nothing Like This in the NE | First Time on the Market - Welcome to your dream home, a home to create your family's legacy. A stunning estate designed by the locally renowned architect Stavro Melathopolous, known in Calgary for his design of the iconic Smugglers Inn Steak House. Nestled on one of the largest lots in the Northeast, this 1/3 acre property is a rare gem, surrounded by the tranquility of a 5-acre park. The meticulously cared-for yard boasts mature landscaping, offering a serene and picturesque setting. This impressive 2-story home spans over 3000 square feet, showcasing sharp roof lines and extensive classic brickwork that exude timeless elegance. Inside, you'll find three spacious bedrooms with soaring ceilings, including a luxurious primary suite featuring two balconies with East and West-facing views. The main floor is a masterpiece of design, featuring a sprawling layout that offers multiple living spaces perfect for entertaining and relaxation. The recently renovated kitchen boasts newer hardwood floors and modern amenities. The main floor also showcases timeless wood finishes and a solid exposed wood beam, adding character to the home. A grand brick hearth with a two-sided gas fireplace creates a cozy and inviting atmosphere. Tall ceilings and a magnificent spiral staircase enhance the sense of openness and sophistication throughout this exquisite space. For those seeking additional space or the ability to add a suite (subject to city approval), the unfinished basement offers a separate entrance option, providing endless possibilities for customization. The home is equipped with two furnaces for zoned heating, ensuring comfort throughout the seasons. Modern conveniences include 150 Amp electrical service and an oversized 2-car attached garage with 220v outlets and tall enough ceilings to accommodate a car lift. This exceptional estate home is an extremely rare find, offering a blend of classic design, modern amenities, and a prime location surrounded by natural beauty. Don't miss the opportunity to make this remarkable property your own. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 7 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093470

    7 431029 Range Road 261 Rural Ponoka County Rural Ponoka County T4J 1R4
    Main Photo: 7 431029 Range Road 261: Rural Ponoka County Commercial Land for sale : MLS®# A2093470
    $1,000,000
    Land
    Status:
    Active
    MLS® Num:
    A2093470
    Lot #7. Own a 10 acre parcel of commercial land in the heart of Central Alberta in the County of Ponoka. Build your new business in a newly created subdivision with several large well established companies in a nice industrial area. Dirt work has been brought up to sub grade with some services to the lot line. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 3244 Barr Road NW in Calgary: Brentwood Detached for sale : MLS®# A2167675

    3244 Barr Road NW Brentwood Calgary T2L 1M8
    Main Photo: 3244 Barr Road NW in Calgary: Brentwood Detached for sale : MLS®# A2167675
    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2167675
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,151 sq. ft.
    Stunning Renovated Bungalow | Vaulted Ceiling | Desirable Neighborhood of Brentwood | Finished Basement | Double Car Garage | Contemporary Design | Large Lot Welcome to this fully renovated detached bungalow, situated on a sprawling nearly 5,000 sq ft lot in the highly sought-after community of Brentwood. This 4-bedroom, 3-bathroom home showcases a modern, neutral color palette, elegant finishings, and a thoughtfully designed open-concept layout that blends style with functionality. Upon entering, you’re greeted by a stunning living area complete with trendy wood slat wall panels, vaulted ceilings, a cozy fireplace, and large windows that flood the space with natural sunlight, creating a bright and welcoming atmosphere. The heart of the home is the gourmet kitchen, featuring a gorgeous waterfall island, stainless steel appliances, and ample cabinet storage, making it perfect for both casual family meals and entertaining. The adjacent dining room, highlighted by a striking light fixture, provides a stylish setting for hosting dinners, with large windows bringing in plenty of light throughout the space. The main floor is anchored by a luxurious primary bedroom, which includes a spacious walk-in closet equipped with built-in shelving for optimal storage. Attached is a beautifully designed 5-piece ensuite, boasting floor-to-ceiling tiles, dual sinks, a freestanding soaking tub, and a separate stand-up shower, offering a spa-like retreat. A second bedroom and a well-appointed 4-piece bathroom complete this level, offering comfort and convenience for family or guests. Heading downstairs, the fully finished basement offers even more living space, featuring a large rec room with a stylish feature wall and a second cozy fireplace. This space is enhanced by a wet bar, complete with a wine rack, sink, floating shelves, and a bar fridge, making it perfect for entertaining. Two additional good-sized bedrooms and a 3-piece bathroom add to the functionality of the lower level, along with a dedicated laundry room and utility room for added convenience. Outside, the home boasts an updated exterior and sits on a large lot, offering plenty of outdoor space. The double detached garage provides secure parking and additional storage. Located in the vibrant and family-friendly community of Brentwood, this home is just a short distance from the University of Calgary, Foothills Hospital, Market Mall, the Brentwood Train Station, and the public library. With shopping plazas, restaurants, medical clinics, and other amenities within walking distance, this home offers the perfect blend of convenience and charm. Easy access to major routes like Crowchild Trail and John Laurie Boulevard makes commuting a breeze. This is a home that truly has it all! More details
    Listed by Real Broker
    DIANE RICHARDSON
1-12/1,500
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