Diane Richardson

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Calgary, AB T2H 2C3

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SE Calgary Homes for Sale $400,000 to $500,000 | MLS® Listings

Browse Southeast Calgary homes priced from $400,000 to $500,000, including townhomes, condos, detached homes and other residential properties when available. Compare communities, ownership costs, parking, condition and current MLS® listings.

SE Calgary homes for sale from $400,000 to $500,000

Explore current SE Calgary homes for sale from $400,000 to $500,000. This price range can include townhomes, larger condominium properties and detached homes when available, giving buyers a broader mix of housing options than lower price ranges.

Homes within the same budget can still differ substantially in location, floor plan, ownership structure, garage and parking arrangements, renovations, basement development, outdoor space and ongoing costs. Buyers should compare the complete property rather than focusing only on asking price or square footage.

  • Townhomes & Attached Homes Compare condominium and fee-simple ownership, monthly fees, maintenance responsibilities, parking, garages and outdoor space.
  • Detached Homes When Available Some detached properties may appear near the upper end of this range. Review lot size, property condition, basement development, parking and anticipated maintenance.
  • Total Ownership Costs Consider property taxes, insurance, utilities, condo fees where applicable and expected repairs or improvements alongside the purchase price.

Buyers can also compare broader SE Calgary homes for sale, citywide Calgary homes from $400,000 to $500,000 and Calgary condos under $500,000 to see how property type and location affect the options available within a similar budget.

What to Review in a SE Calgary Home from $400,000 to $500,000

For townhomes and condominium properties, confirm the ownership structure, monthly fees and what those fees include. Buyers should review available reserve fund information, financial statements, corporation insurance, bylaws, recent meeting minutes where available, planned repairs and any known or proposed special assessments.

For detached homes and fee-simple properties, consider the condition and age of the roof, windows, heating and hot-water systems, exterior components, grading, drainage and other items that may require future maintenance or replacement.

Finished basements, additions and significant renovations should be reviewed for available permits where applicable. Buyers should also consider an appropriate professional property inspection before removing applicable purchase conditions.

Listing availability, asking prices, property types, condo fees, measurements, renovations and property features can change. Buyers should verify current MLS® listing information, condominium documents, permits where applicable and property-specific details before making purchasing decisions.

Questions about SE Calgary homes for sale from $400,000 to $500,000?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

SE Calgary Homes for Sale $400,000 to $500,000

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127 Erin Meadow Crescent SE
Erin Woods Calgary T2B 3L4

$479,900
Residential beds: 4 baths: 4.0 1,525 sq. ft. built: 1998

Main Photo: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
Photo 1: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
Photo 2: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
Photo 3: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
Photo 4: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
Photo 5: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
Photo 6: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
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Photo 38: 127 Erin Meadow Crescent SE in Calgary: Erin Woods Detached for sale : MLS®# A2352399
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2352399
Bedrooms:
4
Bathrooms:
4
Year Built:
1998
Situated on a quiet street in the established community of Erin Woods, this spacious two-storey home offers over 2,100 sq. ft. of developed living space, a functional floor plan and plenty of potential to make it your own! Whether you’re looking for a comfortable home to move into and update over time or an exciting opportunity to renovate and add your personal touch, this property offers an excellent canvas with plenty of space to work with. The main floor is filled with natural light thanks to an abundance of windows throughout. At the front of the home, the spacious living room features large bay windows and plush carpeting, creating a warm and inviting space. The centrally located kitchen offers trendy white cabinetry, ample counter space, water filtration system and a convenient corner pantry. Adjacent to the kitchen, the dining area and rear family room showcase original hardwood flooring and a cozy gas fireplace, providing a comfortable space for everyday living and entertaining. A conveniently tucked-away 2-piece bathroom near the back entrance completes the main floor. Upstairs, you’ll find three generously sized bedrooms, including a spacious primary retreat with its own 3-piece ensuite. A shared 4-piece bathroom completes the upper level. The fully finished basement provides even more versatile living space, with recent updates including newer flooring. A bright and spacious recreation area features a built-in wet bar, making it a great space for entertaining or relaxing. A large fourth bedroom, an additional 4-piece bathroom and a conveniently located laundry room add to the home’s functionality. There’s also flexible space for a home office, children’s play area or hobby space, along with additional storage. Outside, the spacious backyard offers plenty of room to enjoy the outdoors, complete with a large deck for summer gatherings, a dedicated firepit area, established shrubs and convenient RV gate access. Erin Woods is a well-established southeast Calgary community offering excellent accessibility to major roadways, including Deerfoot Trail and Stoney Trail, making commuting around the city convenient. Residents enjoy nearby parks, playgrounds, schools and pathways, along with easy access to shopping, restaurants and everyday amenities. With four bedrooms, multiple living spaces, a fully developed basement and a generous backyard, this home offers an excellent combination of space, functionality and opportunity. Move in and enjoy the home as it is while making updates at your own pace or take advantage of the fantastic potential to renovate and create a space that’s uniquely yours! Checkout the 3D Virtual Tour and book your showing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
1,524.71 sq. ft.
Below Grade Finished Area:
754.44 sq. ft.
Acreage:
No
Lot Area:
3,412 sq. ft.
Lot Frontage:
30'3"
Front Exposure:
North
Levels:
Two
Total Rooms Above Grade:
7
Year built:
1998 (Age: 28)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms On Main:
0
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Num Ensuite Baths:
1
Plan:
9712298
Heating:
Forced Air
Basement:
Full, Finished, Other
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
No
Parking:
None, RV Access/Parking
Parking Places:
0
Parking Total/Covered:
0 / -
Laundry Features:
In Basement
Southeast
Erin Woods
Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer
Appliances As-is
Easement Registered On Title
Floor
Type
Size
Other
Main Floor
Dining Room
8'6" × 7'
Main Floor
Family Room
16'9" × 13'1"
Main Floor
Kitchen
12'4" × 12'
Main Floor
Living Room
16'11" × 15'
Upper Level
Bedroom
10'5" × 8'11"
Upper Level
Bedroom
10'4" × 10'3"
Upper Level
Bedroom - Primary
15'3" × 12'2"
Basement
Bedroom
11'9" × 9'8"
Basement
Laundry
6'5" × 5'6"
Basement
Game Room
24'2" × 11'11"
Basement
Furnace/Utility Room
7'10" × 6'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2'10" x 7'3"
Upper Level
Yes
3
8'1" x 6'6"
Upper Level
No
4
4'11" x 8'8"
Basement
No
4
7'5" x 5'7"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Built-in Features, Laminate Counters, No Animal Home, No Smoking Home, Pantry, Vinyl Windows
Exterior Features:
Fire Pit
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Lawn, Level, Rectangular Lot, Street Lighting, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-C1N
Listed Date:
Oct 15, 2026
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Listed by CIR Realty
Data was last updated October 15, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$442,500
Min list price:
$170,000
Max list price:
$594,999
Avg days on market:
35
Min days on market:
1
Max days on market:
167
Avg price per sq.ft.:
$389.5
These statistics are generated based on the current listing's property type and located in Erin Woods. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

Buying a SE Calgary Home from $400,000 to $500,000

The $400,000 to $500,000 SE Calgary real estate market can offer buyers a broader mix of housing than lower price ranges, including townhomes, larger condominium properties and detached homes when available. The most useful comparison is not simply which home costs less, but what each property provides in space, ownership structure, parking, condition and ongoing expenses.

At this price point, buyers may be deciding between a newer townhome, an established attached property, a larger condo or a detached home near the upper end of the range. Those choices can involve very different responsibilities and long-term costs, making property-specific due diligence particularly important.

More Property Types to Compare This range can provide a wider mix of townhomes, attached properties, larger condos and detached homes when current inventory permits.
Garage & Outdoor Space Buyers may begin to see more attached garages, private yards, patios and other outdoor space, but these features vary widely between individual properties.
Condition Can Affect Value A lower-priced home requiring significant work can ultimately cost more than a higher-priced property with newer major components and fewer immediate repairs.

What Can $400,000 to $500,000 Buy in SE Calgary?

Depending on current inventory, buyers may find multi-bedroom townhomes, larger apartment-style condos, attached homes and some detached properties. The balance between property type, age, size and location changes from community to community.

Near the lower end of the range, buyers may have more condominium and attached-housing choices. Approaching $500,000 can occasionally bring detached homes into consideration, although availability, condition, location and lot characteristics can vary substantially.

Townhome: Condominium or Fee-Simple?

Two townhomes with similar asking prices may have very different ownership structures. Some are part of a condominium corporation with monthly fees and shared maintenance responsibilities, while others may be fee-simple properties where the owner is directly responsible for more exterior maintenance.

Confirm the ownership structure before comparing costs. For condominium townhomes, review the monthly fee, what it includes, reserve fund information, financial statements, insurance, bylaws, recent meeting minutes where available and any known or proposed special assessments.

Important Property Details to Compare

Roof & Exterior Review age and condition of roofing, siding or exterior finishes, windows, doors, drainage and other components that may require future repair or replacement.
Heating & Hot Water Check the age and condition of furnaces, hot-water systems, air conditioning and other mechanical equipment where applicable.
Basement Development Confirm how the basement is finished, what rooms are included and whether available municipal permit information supports significant development or alterations.
Renovation Quality Look beyond cosmetic upgrades and consider workmanship, materials, permits where applicable and the condition of underlying systems.
Garage & Parking Compare attached or detached garages, stall dimensions, driveway space, visitor parking and additional parking restrictions.
Lot & Outdoor Space Consider lot size, orientation, fencing, decks, patios, landscaping, drainage and the amount of exterior maintenance required.

Finished Basement Does Not Always Mean the Same Thing

A developed basement can add useful living space, but buyers should understand exactly what is included. Compare ceiling height, windows, bedroom configuration, bathrooms, storage, laundry, heating and the overall quality of the development.

Where a basement includes an additional kitchen, separate entrance or independently arranged living area, buyers should verify available permits and municipal records. Those features alone do not establish that the space is approved as a legal secondary suite.

Newer Townhome or Older Detached Home?

This is one of the more interesting comparisons that can arise near this price point. A newer townhome may offer contemporary finishes, lower immediate maintenance and a garage, while an older detached home may provide private land, more control over exterior improvements and no condominium corporation.

Neither option is automatically better. Buyers should compare the condition of major components, monthly fees, lot and parking needs, renovation plans, maintenance preferences and how long they expect the property to meet their needs.

Calculate the Total Cost of Ownership

A $450,000 townhome with condominium fees and a $495,000 detached home can have very different monthly and annual costs. Compare mortgage payments together with property taxes, insurance, utilities, condo fees where applicable and expected maintenance.

Buyers should also budget for less frequent but potentially significant costs such as roofing, windows, mechanical equipment, exterior maintenance and future renovations.

Professional Inspection and Permit Review

Buyers should consider an appropriate professional property inspection before removing applicable purchase conditions. A home that appears recently renovated can still contain older mechanical, electrical, plumbing or building components that warrant closer examination.

Significant renovations, additions, basement development and structural alterations should also be checked for available permits and applicable municipal records where appropriate.

What Changes in the $500,000 to $600,000 Range?

For buyers whose priority is a detached home, additional bedrooms, larger lots or more garage options, comparing the next price band can be useful. Depending on current inventory, moving above $500,000 may broaden the selection of detached homes and other property types.

Compare SE Calgary homes for sale from $500,000 to $600,000 alongside this page to see whether the additional purchase price provides features that are important to you.

Could the $300,000 to $400,000 Range Still Work?

Buyers who are comfortable with condominium or attached housing may also want to compare SE Calgary homes from $300,000 to $400,000. A lower purchase price may be worthwhile if the additional space, garage, lot or property type available in the $400K-$500K range is not essential to your needs.

Listing availability, asking prices, property types, condominium fees, measurements, renovations, permits and property features can change. Buyers should verify current MLS® listing information, condominium documents where applicable, municipal records and property-specific details before making purchasing decisions.

Get Help Buying a SE Calgary Home from $400,000 to $500,000

If you are comparing SE Calgary homes for sale from $400,000 to $500,000, Diane Richardson can help you review current listings, compare property types and understand important details such as ownership structure, condition, parking, renovations, basement development and ongoing ownership costs.

Call or Text Diane Ask about available properties, Southeast Calgary communities, home features, pricing or arranging a private showing.
Email Diane Send the property address or MLS® number along with any questions about a townhome, condo, detached home or other SE Calgary listing.
Use the Contact Form Share your preferred communities, budget, bedroom needs, garage requirements and other priorities for your Southeast Calgary search.

Comparing Townhomes and Detached Homes?

The $400,000 to $500,000 range can include different ownership and property types. Diane can help you compare condominium townhomes, fee-simple attached homes and detached properties when available, including the differences in monthly fees, maintenance responsibilities, parking, garages, outdoor space and property condition.

For condominium properties, buyers should review available reserve fund information, financial statements, corporation insurance, bylaws, recent meeting minutes where available, planned repairs and any known or proposed special assessments.

Questions About Renovations, Basements or Property Condition?

Homes in this price range may vary significantly in age and renovation history. Buyers should consider the condition of roofing, windows, heating and hot-water systems, exterior components, basement development and other major elements alongside cosmetic improvements.

Where significant renovations, additions or basement development are present, available permits and municipal records should be reviewed where applicable. Buyers should also consider an appropriate professional property inspection before removing applicable purchase conditions.

Not Sure Whether to Move Into the $500K-$600K Range?

Buyers looking for more detached-home options, additional bedrooms, larger lots or different garage configurations may benefit from comparing SE Calgary homes from $500,000 to $600,000. Diane can help you compare the available inventory and determine whether the additional purchase price provides features that matter to you.

Buyers who prefer a lower purchase price can also review SE Calgary homes from $300,000 to $400,000 to compare the trade-offs between price, property type, size and ownership costs.

Questions about SE Calgary homes for sale from $400,000 to $500,000?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

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