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Discovery Ridge community

CALGARY COMMUNITY

Discovery Ridge

Southwest Foothills Community with Strong Assessment Growth and Diversification

9
Active Properties
$788,121
Avg Price

About Discovery Ridge

Discovery Ridge combines southwest positioning within the Elbow River bend with mid-to-upper-tier investment fundamentals. Ranked 88th among Calgary's 306 communities, this established, family-oriented neighborhood delivers consistent performance with diverse property types—2-storey homes, split-levels, bungalows, duplexes, townhouses, and condos—supporting varied investment strategies.

At $1,182,558 average price and $522/sqft positioning, Discovery Ridge shows strong Calgary investment climate signals: +14% typical assessment changes for single residential, +22% for condos, and +12% sales volume for townhouses. October 2025 median ask price of $889,870 positions the community as upper-mid-market with appreciation catalysts. Active residential development throughout 2025 (basement developments, full home additions) indicates owner-occupancy strength. The community's foothills adjacency and established amenities create sustained demographic appeal.

Community Highlights

Median ask $889,870 with $522/sqft—strong upper-mid-market positioning
Calgary assessment growth: +22% for condos, +14% single residential (2025)
Townhouses showing +12% sales volume and 54% above-list-price sales
Southwest position nestled in Elbow River bend—unique foothills location
Diverse property types: 2-storey, splits, bungalows, duplexes, townhouses, condos
Active residential improvements: basement developments, full home additions

Market Statistics

Active Listings
9
Average Price
$788,121
Price Range
$314,888 - $1,899,000
Average Property Details
2.6Beds
2.4Baths
1,576Sq Ft
Investment Analysis

Investment Score

58/ 100
Moderate Opportunity

Discovery Ridge offers moderate investment opportunity with balanced risk-reward characteristics suitable for diversified portfolios.

Liquidity23/33
Market Liquidity
How quickly properties sell in this community. Higher scores mean shorter days on market and more transaction activity—easier to buy and sell.
Appreciation20/50
Price Appreciation
Historical price growth compared to city average. Combines 1-year and 2-year trends plus development activity to measure appreciation momentum.
Risk12/12
Risk Assessment
Safety metrics based on crime rates relative to the Calgary average. Lower crime correlates with more stable property values and tenant demand.
Accessibility0/5
Market Accessibility
Active listing inventory in this community. More listings mean greater selection for investors entering the market.
Data Coverage
55/95 pts

AVAILABLE PROPERTIES

Homes for Sale in Discovery Ridge

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