The answer

Choose properties a likely buyer would have treated as realistic substitutes: similar ownership and housing form, relevant micro-market, size and layout, lot or unit position, parking, era, condition, renovation level, suite or condo structure, and recent enough to reflect the decision date. Explain why each sale is included and why tempting outliers are excluded.

Calgary-specific context

A renovated inner-city infill, an original bungalow, a suburban lake-community two-storey, a Beltline apartment, and a bareland townhouse can need different geographic and property-factor boundaries even at similar prices.

What to do next

Build a comparable grid with subject differences, evidence quality, sale timing, adjustment direction, and weighting before choosing a low, central, and high case.

Related guides

Decision playbookCalgary Home Value and Pricing Evidence PlaybookCalgary Home Value and Pricing Evidence Playbook for Calgary homeowners, sellers, estates, separating owners, refinancers, investors, and move-up households who need a defensible current value range rather than an online estimate or hoped-for number: Build and maintain a property-specific value range that distinguishes evidence, adjustments, uncertainty, launch price, probable sale result, and the trigger for changing course.seller guideCalgary Home Value Comparable Selection GuideChoose and weight Calgary sold comparables by likely buyer substitution, ownership and property form, geography, size and layout, site or unit position, parking, era, condition, renovation, suite or condo structure, sale timing, transaction context, and evidence quality; explain every inclusion, exclusion, and boundary expansion.seller guideCalgary Home Value Comparable Adjustment GuideUse supportable adjustment directions and ranges for location, land, size, layout, parking, suite, condo rights and risk, condition, systems, renovation quality, permits, view, privacy, adverse influences, and timing without inventing false dollar precision.Interactive toolCalgary Home Value, Pricing, and Launch Evidence PlannerPressure-test a Calgary value range and listing position across subject facts, comparable quality, active competition, assessment context, specific street or block, condition, renovations, documents, market segment, preparation, access, timing, net dependency, and response triggers.

Verify before relying

Official sources for this topic

These sources explain the rules and records relevant to this topic. Check the current requirements for your property.

RECA consumer informationAlberta real estate consumer guidance.CREB housing statisticsPublic Calgary market report hub.City of Calgary property assessment and taxAssessment and property-owner information.Alberta condominium informationOfficial condominium law, document, insurance, bylaw, reserve-fund, and ownership information.City of Calgary secondary suitesOfficial suite requirements and safety context.Calgary Secondary Suite RegistryPublic lookup for registered legal and safe secondary suites.

Check the current information at the linked source. Ask the appropriate professional how it applies to your property.

Important

Real estate rules, market conditions, property records, taxes, financing terms, bylaws, and physical conditions can change. Verify time-sensitive and property-specific facts with current official sources and the appropriate qualified professional before acting.