
CALGARY COMMUNITY
Discovery Ridge
Southwest Foothills Community with Strong Assessment Growth and Diversification
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
Market Statistics
Investment Score
Discovery Ridge offers moderate investment opportunity with balanced risk-reward characteristics suitable for diversified portfolios.
AVAILABLE PROPERTIES
Homes for Sale in Discovery Ridge
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