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View Full Version : Most Expensive street in Calgary



DizzyEdge
04-29-2007, 04:41 AM
On wikipedia there's a entry for 'Most Expensive Street's by City',
http://en.wikipedia.org/wiki/List_of_most_expensive_streets_by_city
It's probably going to be deleted as it has no sources and no explanation of what 'most expensive street' really means. But I thought the idea was interesting. I'm wondering what the most expensive street in Calgary might be, and what criteria might be used to determine such. Some possibilities:
- lot value (problem: most expensive would likely not be a residential street, whereas the aim here is for residential)
- lot or sq footage value of the entire street (problem: long streets would win out here easily)
- lot or living space sq footage value on a per km basis (problem: if the full street length is 25% condo and 75% open field, even if the 25% is the most expensive area in the city, the low value rest of it will average it out).

Thoughts?

Thinner6
04-29-2007, 05:35 AM
Mount Royal? Pump Hill? Somewhere in the deeper SW? Maybe Aspen?

mersar
04-29-2007, 05:46 AM
Riverdale Ave, or Britannia Dr., and anything else really in that immediate area would be possible contenders as a lot of those properties are in multi-million dollar range.

1ajs
04-29-2007, 05:52 AM
elbow drive?

Wooster
04-29-2007, 05:54 AM
Riverdale Ave, or Britannia Dr., and anything else really in that immediate area would be possible contenders as a lot of those properties are in multi-million dollar range.

would be my guess too.

mersar
04-29-2007, 05:56 AM
Problem with saying Elbow Drive is that its so long that theres probably more 'lower' price homes then 'higher' price homes on it. Otherwise yeah. If we restricted it to certain segments (26th down to Glenmore only, for example), it would probably be quite a bit higher compared to the full length.

Doug
04-29-2007, 01:40 PM
Riverdale Avenue

Wooster
04-29-2007, 03:04 PM
http://img.photobucket.com/albums/v311/joshwhit/riverdale2.jpg

http://img.photobucket.com/albums/v311/joshwhit/riverdale.jpg

CorporateWhore
04-29-2007, 03:40 PM
what are those little red numbers? that can't be the land/home value can it?

srperrycgy
04-29-2007, 03:50 PM
That's the assessed value as determined by the City of Calgary.

IntotheWest
04-29-2007, 04:52 PM
At one point, the most expensive home in the city was built in 1999/2000 in Pump Hill by Ledcor...rumoured to be the residencce of Alfred Balm.

Not sure what the house cost to build (it was rumoured over $10 million back then), and from what I was told at the time, two neighbouring multi-million dollar homes were torn down to fit this gigantic house on the combined 2.8 acre lot.

The city has it assessed at $21 million now, and it's 15,000 sq ft.

Hard to make out from this Google Earth image, but you can see the outline of the house and garage.

http://i26.photobucket.com/albums/c126/intothewest4222/pumphill.jpg

Calgarian
04-29-2007, 05:40 PM
^and a tennis court

Do Elbow Valley and Springbank count as Calgary?

Rob D
04-29-2007, 07:22 PM
^and a tennis court

Do Elbow Valley and Springbank count as Calgary?

Not if they're outside the city limits they shouldn't. Anything outside of the city limits is not Calgary per se. The title of the thread afterall is Most expensive street in Calgary based on Wikipedia's "Most Expensive Streets By City.

Innersoul1
04-29-2007, 07:33 PM
At one point, the most expensive home in the city was built in 1999/2000 in Pump Hill by Ledcor...rumoured to be the residencce of Alfred Balm.

Not sure what the house cost to build (it was rumoured over $10 million back then), and from what I was told at the time, two neighbouring multi-million dollar homes were torn down to fit this gigantic house on the combined 2.8 acre lot.

The city has it assessed at $21 million now, and it's 15,000 sq ft.

Hard to make out from this Google Earth image, but you can see the outline of the house and garage.

http://i26.photobucket.com/albums/c126/intothewest4222/pumphill.jpg


That house is AMAZING! When it was being built one of my buddies was the night security gaurd. He would let us in to roam the place. UNREAL There is also a par 3 golf hole in the backyard along with a ten car underground parkade.

The Kid
04-29-2007, 07:37 PM
He would let us in to roam the place.

Sounds like one helluva good security guard!;)

Innersoul1
04-29-2007, 07:56 PM
hahah yeah! It was pretty funny because the whole security team was in awe of this place. We only saw it in the construction stages most of the finishing wasn't complete but MAN was it a posh palace.

SpongeG
04-30-2007, 01:02 AM
maybe most expensive street they mean retail? there is usually a lit of streets like new yorks 5th avenue or londons bond street out each year that shows how much stores rent per square foot

DizzyEdge
04-30-2007, 01:10 AM
I think a reasonable way to do it might be to say most expensive street, in one community, so for say Elbow Drive, just consider which community has the most expensive stretch, and do it average per sq ft or whatever.

mersar
04-30-2007, 01:23 AM
maybe most expensive street they mean retail? there is usually a lit of streets like new yorks 5th avenue or londons bond street out each year that shows how much stores rent per square foot

Theres categories for both retail and residential. Most of the numbers appear to be basing it off not the average of all properties, but the street that has the highest absolute values.

For retail it would probably be one of Stephen ave, or 17th ave, especially if we use the above basis to decide.

squeezied
04-30-2007, 01:24 AM
http://img.photobucket.com/albums/v311/joshwhit/riverdale2.jpg

http://img.photobucket.com/albums/v311/joshwhit/riverdale.jpg

cool. i'd like to see some pics at the street level if anyone can find any.

DizzyEdge
04-30-2007, 03:37 AM
I'll be snapping some pics sometime this week, ironically that street is one I've earmarked for pics as it's one of the few streets south of the river to have been developed turn of the century.

Distill3d
04-30-2007, 06:38 AM
This may make me sound ameteur, but wouldn't Bowdale Crescent NW be one of the more expensive, yet overlooked streets in Calgary?

mersar
04-30-2007, 06:48 AM
It's up there, most expensive assessments I see in there are ~1.2m (and some as low as 250k). Having those scrapyards in there probably doesn't help much with the property values though.

bigcanuck
04-30-2007, 04:21 PM
Others include Prospect Ave and Sydenham Road in Upper Mount Royal (and neighbouring streets). The odd place goes for 6 digits but most are above 2 or 3 million. Including a $5.24 million 6500 sq ft house on a 21,600 sq ft lot.

Nice!

Sammy
04-30-2007, 04:44 PM
What about Bel Aire? I know it has the highest aveage priced houses in Calgary. One is on the market for $12,000,000. There are a few large sized lot backing onto the CGCC.



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