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  #1  
Old Posted Apr 29, 2007, 3:41 AM
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Most Expensive street in Calgary

On wikipedia there's a entry for 'Most Expensive Street's by City',
http://en.wikipedia.org/wiki/List_of...treets_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?
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  #2  
Old Posted Apr 29, 2007, 4:35 AM
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Mount Royal? Pump Hill? Somewhere in the deeper SW? Maybe Aspen?
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  #3  
Old Posted Apr 29, 2007, 4:46 AM
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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.
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Old Posted Apr 29, 2007, 4:52 AM
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elbow drive?
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  #5  
Old Posted Apr 29, 2007, 4:54 AM
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Quote:
Originally Posted by mersar View Post
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.
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Old Posted Apr 29, 2007, 4:56 AM
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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.
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Old Posted Apr 29, 2007, 12:40 PM
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Riverdale Avenue
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Old Posted Apr 29, 2007, 2:04 PM
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Old Posted Apr 29, 2007, 2:40 PM
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what are those little red numbers? that can't be the land/home value can it?
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  #10  
Old Posted Apr 29, 2007, 2:50 PM
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That's the assessed value as determined by the City of Calgary.
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Old Posted Apr 29, 2007, 3:52 PM
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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.

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  #12  
Old Posted Apr 29, 2007, 4:40 PM
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^and a tennis court

Do Elbow Valley and Springbank count as Calgary?
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  #13  
Old Posted Apr 29, 2007, 6:22 PM
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Quote:
Originally Posted by johnnyc View Post
^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.
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  #14  
Old Posted Apr 29, 2007, 6:33 PM
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Quote:
Originally Posted by IntotheWest View Post
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.


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.
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Old Posted Apr 29, 2007, 6:37 PM
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He would let us in to roam the place.

Sounds like one helluva good security guard!
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  #16  
Old Posted Apr 29, 2007, 6:56 PM
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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.
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  #17  
Old Posted Apr 30, 2007, 12:02 AM
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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
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  #18  
Old Posted Apr 30, 2007, 12:10 AM
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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.
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  #19  
Old Posted Apr 30, 2007, 12:23 AM
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Originally Posted by SpongeG View Post
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.
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  #20  
Old Posted Apr 30, 2007, 12:24 AM
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Originally Posted by josh white View Post


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