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McKenzie Towne is about to celebrate its 30th birthday and unlike most 30-year-olds, this community is hitting its prime. Built in the late 90s and early 2000s, McKenzie Towne was one of Calgary’s first attempts at a “master-planned, walkable neighbourhood.” Shops, parks, ponds, schools, cute front porches, and rear-lane garages, the whole nostalgic package.
Fast-forward to today: more than 6,260 detached home sales have now occurred here. That’s not just a market, that’s a long-term community life cycle story unfolding.
Let’s take a look at what the data really says about McKenzie Towne as it enters a new era.
🚀 Prices Have Climbed — And They’re Still Climbing
The Price-by-Date Scatter Chart shows a few simple truths:
✅ Early-2000s homes sold mostly between $200K–$350K
✅ 2006-2007 boom — prices launched into the $400K+ range
✅ Today, well-renovated homes push $800K–$1,000,000++
That’s called equity, my friend.
Even better? These homes were mostly built when people still believed in real yards, real garages, and actual craftsmanship. When buyers show up now, they’re stunned at how much house you get for the money.
Charts created by Jerry Charlton using verified Calgary MLS® data
🔨 Renovated vs. Original = The Opportunity Gap
30-year-old homes create two price groups:
1️⃣ Homes that have never seen a shiny new countertop
2️⃣ Homes that have had the HGTV treatment
The High-Low-Average charts show this gap clearly. The nicer the reno, the higher the ceiling keeps rising. And the homes that need updating? They lag behind… until someone smart fixes them.
That gap is what I lovingly call:
The Area of Opportunity
Buy the ugliest house in the best neighbourhood — steal equity from the future.
In McKenzie Towne, the gap is widening again. Good for investors. Great for first-timers willing to roll up their sleeves.
Charts created by Jerry Charlton using verified Calgary MLS® data
Charts created by Jerry Charlton using verified Calgary MLS® data
🔁 Sales Volume Tells the Community’s Story
McKenzie Towne had a turnover frenzy in the early years:
📈 From 0 → 450 detached sales a year in under a decade
📉 A drop as the community aged and people stayed longer
📈 Another surge when the market heated up again recently
Sales volume now reflects stability. This is no longer a transient area — it’s a place people hold.
People don’t cling to homes that are losing value. They cling to winners.
Charts created by Jerry Charlton using verified Calgary MLS® data
🧠 What This Means for Buyers & Investors Today
Here’s the blunt truth:
✅ McKenzie Towne isn’t cheap anymore
✅ But it’s still undervalued relative to what you get
✅ And the reno-opportunity gap has never been easier to exploit
Why? Because:
✔ Younger families want walkable neighbourhoods
✔ Retirees want low-maintenance main-level living
✔ Investors want strong rent numbers and resale demand
✔ Renovations in this area reliably boost value
McKenzie Towne is exactly what you want:
➡ Mature enough that the bones are proven
➡ Young enough that major systems still have life
➡ Popular enough that demand stays strong
➡ Old enough that upgrades create outsized returns
If You Want the Best Deals…
Don’t shop by list price.
Shop by McKenzie Towne price gap and renovation upside.
That’s where I come in.
I track every sale. Every trend. Every outlier.
I know which homes are primed to outperform the neighbourhood in the next 5 years.
Want the deals before everyone else sees them?
Contact me today.
You’ll only hear from me when the right home hits the radar.
Calgary Real Estate Market Charts by Jerry Charlton – Verified MLS® Data
📊 About These Calgary Real Estate Charts
Every chart and analysis on this page was exclusively created by Jerry Charlton using actual MLS® data, verified and compiled from thousands of Calgary home sales.
This same in-depth research is available for any Calgary community, property type, condo building, townhome complex, or niche market worth exploring and investing in.
Real data. Real insight. Real opportunities
