140 Elgin Manor Home Valuation

Your home is only worth what someone is willing to pay. The only way to know exactly what it is worth is to list it and get an offer. That is not what this is about, yet. I put this page together to give you an idea of the approximate retail value of your home. First, let's look at what real estate is doing in McKenzie Towne.

Detached home prices are falling in McKenzie Towne

From January 1 through September 30, 2026, detached homes in McKenzie Towne sold for an average of $635,101 this year (122 sales). Through the same dates last year, the average was $652,155 (135 sales). That is down about 3%.

$665k$654k$642k$631k$661k2024$652k2025$635k2026

What is my home worth? · How do you come up with my listing price?

Detached homes are selling faster in McKenzie Towne

The typical detached sale in McKenzie Towne took 16 days this year, compared with 17 days last year and 11 days in 2024.

1815131011d202417d202516d2026

How long does it take to sell a house in Calgary? · Do I need to drop my price — or did I price wrong on day one?

Detached homes are selling below assessed value in McKenzie Towne

This year, detached sales with a City assessment on file closed about 3.5% below assessed value (100 sales). Last year they sold about 8.6% above assessed.

Avg soldAvg assessed

$701k$608k$514k202420252026

Is my tax assessment what my house is worth?

More reading: Why did my neighbour's house sell for more? · Should I list now or wait? · More in the Hey Jason series

Next, we look at your home and make note of its most important features — square feet, finished basement, and so on.

140 Elgin Manor SE

McKenzie Towne

Home typeDetached 2 Storey

Living area1,784 sq ft

Lot3,961 sq ft

Bedrooms3

Baths3 full / 1 half

EnsuiteYes

BasementFinished

WalkoutNo

GarageDouble detached

CoolingCentral air

Year built2004

Assessed value$659,500

Sold Comparable Properties

May 1, 2026 through September 30, 2026

Now we start building our list of homes like yours that have sold. We only use homes that sold from May 1, 2026 through September 30, 2026, so the prices match the market right now.

How We Filter the Sold Homes

  • Same home type — for this house, a 2 storey detached.
  • Ensuite must match yours (yes or no).
  • Walkout basement must match yours (yes or no).
  • Same garage family — detached stays with detached. We do not mix attached-garage homes with yours.
  • Living area within 300 square feet of yours, bigger or smaller.
  • Lot no more than 1,000 square feet larger than yours.
  • Same community first. If fewer than 5 homes qualify, we widen one step at a time — nearby community, then a slightly larger lot, then 350 square feet.
  • Closer size, year built, and City assessed value rank higher. A blank assessed on MLS does not drop a home; we fill it from the City roll when we can.
  • We keep the 4 closest matches.
  • Then we add or subtract dollars for garage, finished basement, and central air so the sold prices line up with your house.

Side By Side Comparison

These are the homes most like yours that sold in your neighbourhood from May 1, 2026 through September 30, 2026. The closest match sits next to your home. The next columns go from the next-closest match to the farthest.

Your homeComp 1Comp 2Comp 3Comp 4
Address140 Elgin Manor SE142 Elgin View SE90 Elgin Drive SE316 Prestwick Terrace SE101 Elgin Meadows Manor SE
Similarity score (0-115)1001091089183
Style2 Storey2 Storey2 Storey2 Storey2 Storey
Living area1,7841,7681,7621,5681,918
Ensuite?YesYesYesYesYes
GarageDouble detachedDouble detachedDouble detachedDouble detachedDouble detached
CoolingCentral AirNoneCentral AirCentral AirNone
Year built20042005200220082009
Lot (sq ft)3,9614,0583,8853,7453,821
Beds35443
Baths (F/H)3 / 13 / 13 / 13 / 12 / 1
BasementFinishedFinishedFinishedFinishedUnfinished
Walkout?NoNoNoNoNo
Sold date—2026-07-082026-05-132026-07-242026-08-07
Days on market—10211030
Sold price—$625,000$626,500$637,900$610,000
Assessed value$659,500$661,500$662,500$648,000$661,500
Original asking—$625,000$660,000$639,900$625,000
Garage adjust—$0$0$0$0
Basement adjust—$0$0$0$35,000
Cooling adjust—$7,000$0$0$7,000
Adjusted value—$632,000$626,500$637,900$652,000

Your home

Address140 Elgin Manor SE
Similarity score (0-115)100
Style2 Storey
Living area1,784
Ensuite?Yes
GarageDouble detached
CoolingCentral Air
Year built2004
Lot (sq ft)3,961
Beds3
Baths (F/H)3 / 1
BasementFinished
Walkout?No
Sold date—
Days on market—
Sold price—
Assessed value$659,500
Original asking—
Garage adjust—
Basement adjust—
Cooling adjust—
Adjusted value—

Comp 1

Address142 Elgin View SE
Similarity score (0-115)109
Style2 Storey
Living area1,768
Ensuite?Yes
GarageDouble detached
CoolingNone
Year built2005
Lot (sq ft)4,058
Beds5
Baths (F/H)3 / 1
BasementFinished
Walkout?No
Sold date2026-07-08
Days on market10
Sold price$625,000
Assessed value$661,500
Original asking$625,000
Garage adjust$0
Basement adjust$0
Cooling adjust$7,000
Adjusted value$632,000

Comp 2

Address90 Elgin Drive SE
Similarity score (0-115)108
Style2 Storey
Living area1,762
Ensuite?Yes
GarageDouble detached
CoolingCentral Air
Year built2002
Lot (sq ft)3,885
Beds4
Baths (F/H)3 / 1
BasementFinished
Walkout?No
Sold date2026-05-13
Days on market21
Sold price$626,500
Assessed value$662,500
Original asking$660,000
Garage adjust$0
Basement adjust$0
Cooling adjust$0
Adjusted value$626,500

Comp 3

Address316 Prestwick Terrace SE
Similarity score (0-115)91
Style2 Storey
Living area1,568
Ensuite?Yes
GarageDouble detached
CoolingCentral Air
Year built2008
Lot (sq ft)3,745
Beds4
Baths (F/H)3 / 1
BasementFinished
Walkout?No
Sold date2026-07-24
Days on market10
Sold price$637,900
Assessed value$648,000
Original asking$639,900
Garage adjust$0
Basement adjust$0
Cooling adjust$0
Adjusted value$637,900

Comp 4

Address101 Elgin Meadows Manor SE
Similarity score (0-115)83
Style2 Storey
Living area1,918
Ensuite?Yes
GarageDouble detached
CoolingNone
Year built2009
Lot (sq ft)3,821
Beds3
Baths (F/H)2 / 1
BasementUnfinished
Walkout?No
Sold date2026-08-07
Days on market30
Sold price$610,000
Assessed value$661,500
Original asking$625,000
Garage adjust$0
Basement adjust$35,000
Cooling adjust$7,000
Adjusted value$652,000

Sold Home Listings (scroll through them)

The homes listed on the chart above are listed here. Click a property card below to see what the home looks like inside and outside. How does it compare to your home?

Indicated sold value

Range $626,500 – $652,000
Middle of range $634,950
DroppedLow: $626,500 (90 Elgin Drive SE) · High: $652,000 (101 Elgin Meadows Manor SE)

Range

$626,500 – $652,000

Middle of range

$634,950

Dropped

Low: $626,500 (90 Elgin Drive SE) · High: $652,000 (101 Elgin Meadows Manor SE)

  • Range is the price range homes most like yours are selling for.
  • Middle of range is the middle sold price after we drop the lowest and highest sale.
  • Dropped is the properties we dropped from the comparison to narrow the range your home is likely to sell in.

IMPORTANT: Remember this only compares the features of each home and does NOT factor in upgrades and the overall condition of the home. If your home is in immaculate shape and you have done upgrades like a kitchen reno or new flooring, your value would get closer to (or even exceed) the top of the range. The reverse is true.

The data alone cannot tell us what your home is likely to sell for. There is more work to do before we can say where your home would sit in this range. We have to walk through your home, and through the homes like yours that are for sale now, to land on a price range you can actually expect to sell for.

Active Comparable Properties

Now we move to homes that are like your home that are actively for sale. We filter the actively listed homes the same way we filtered the sold homes.

Side By Side Comparison (Active)

Same order as the sold chart — closest match next to your home, then the next-closest to the right.

Your homeComp 1Comp 2Comp 3
Address140 Elgin Manor SE249 Elgin Manor SE10 Elgin Dr SE450 Elgin Way SE
Similarity score (0-115)10010810896
Style2 Storey2 Storey2 Storey2 Storey
Living area1,7841,7651,7501,604
Ensuite?Yes———
GarageDouble detachedDouble detachedDouble detachedDouble detached
CoolingCentral AirNoneNoneCentral Air
Year built2004200620012002
Lot (sq ft)3,9613,9203,9203,920
Beds3434
Baths (F/H)3 / 13 / 12 / 23 / 1
BasementFinishedFinishedFinishedFinished
Walkout?NoNoNoNo
Listed—2026-09-102026-09-092026-08-05
Days on market—202156
Asking—$649,900$610,000$610,000
Assessed value$659,500$671,000$653,500$642,000
Original asking————
Garage adjust—$0$0$0
Basement adjust—$0$0$0
Cooling adjust—$7,000$7,000$0
Adjusted value—$656,900$617,000$610,000

Your home

Address140 Elgin Manor SE
Similarity score (0-115)100
Style2 Storey
Living area1,784
Ensuite?Yes
GarageDouble detached
CoolingCentral Air
Year built2004
Lot (sq ft)3,961
Beds3
Baths (F/H)3 / 1
BasementFinished
Walkout?No
Listed—
Days on market—
Asking—
Assessed value$659,500
Original asking—
Garage adjust—
Basement adjust—
Cooling adjust—
Adjusted value—

Comp 1

Address249 Elgin Manor SE
Similarity score (0-115)108
Style2 Storey
Living area1,765
Ensuite?—
GarageDouble detached
CoolingNone
Year built2006
Lot (sq ft)3,920
Beds4
Baths (F/H)3 / 1
BasementFinished
Walkout?No
Listed2026-09-10
Days on market20
Asking$649,900
Assessed value$671,000
Original asking—
Garage adjust$0
Basement adjust$0
Cooling adjust$7,000
Adjusted value$656,900

Comp 2

Address10 Elgin Dr SE
Similarity score (0-115)108
Style2 Storey
Living area1,750
Ensuite?—
GarageDouble detached
CoolingNone
Year built2001
Lot (sq ft)3,920
Beds3
Baths (F/H)2 / 2
BasementFinished
Walkout?No
Listed2026-09-09
Days on market21
Asking$610,000
Assessed value$653,500
Original asking—
Garage adjust$0
Basement adjust$0
Cooling adjust$7,000
Adjusted value$617,000

Comp 3

Address450 Elgin Way SE
Similarity score (0-115)96
Style2 Storey
Living area1,604
Ensuite?—
GarageDouble detached
CoolingCentral Air
Year built2002
Lot (sq ft)3,920
Beds4
Baths (F/H)3 / 1
BasementFinished
Walkout?No
Listed2026-08-05
Days on market56
Asking$610,000
Assessed value$642,000
Original asking—
Garage adjust$0
Basement adjust$0
Cooling adjust$0
Adjusted value$610,000

A Few Things I See

249 Elgin Manor is on your street and is almost the same size as your home. They have new LVP flooring, new carpet, and a newer roof. They are asking $649,900. They do not have air conditioning.

10 Elgin Drive and 450 Elgin Way are both asking $610,000. 450 Elgin Way is smaller than your home. 10 Elgin Drive is closer in size.

Finally, if you look at days on market (DOM), 450 Elgin Way has been for sale 56 days. The typical detached sale in McKenzie Towne this year is 16 days. That tells us 450 Elgin Way is overpriced. 10 Elgin Drive and 249 Elgin Manor are right around the community average.

Active Home Listings (scroll through them)

Tap a card to scroll photos. Open listing goes to jasontodd.ca.

Indicated active asking

  All 3 (median) Trimmed (drop low + high)
Middle of Range $617,000 $617,000
Range $610,000 – $656,900 $617,000 – $617,000
Dropped—Low: $610,000 (450 Elgin Way SE) · High: $656,900 (249 Elgin Manor SE)

See all active listings in McKenzie Towne on jasontodd.ca

So what do we know?

  • We know that detached home prices are dropping.
  • We know that if you price it right, you can expect to sell in about 16 days.
  • We know you should expect to sell below your assessed value.
  • We know that if you were to list right now, you would be directly compared to the homes listed for $610,000, $649,900, and $610,000. If people walked through those homes, would yours show better or worse? That would affect your listing price.
  • We know that if people walked through your home and were considering making an offer, their realtor would show them what homes like yours have sold for. Again, how would your home compare to those homes?

What homes sold for if they moved in 17 days vs sat too long

The typical detached sale in McKenzie Towne this year is about 16 days. Here is what those homes actually sold for if they sold in the first 17 days, versus homes that sat 32 days or more — twice the typical time, or longer. Same dates as the charts above: January 1 through September 30, 2026.

$527k$576k$624k$672k$622,500First 17 days$599,00032+ days
First 17 days Sat 32+ days
Sales6434
Typical days on market10 days45 days
Median sold price$622,500$599,000
Sold vs original asking100.0%95.9%

Homes that sold in the first 17 days closed at $622,500. Homes that sat 32 days or more sold for $599,000 — $23,500 less. Fast sales also hit their original asking price (100.0%). Slow sales closed at 95.9% of what they first asked.

Detached homes in McKenzie Towne only. Median sold price and median sold versus original list. Source: MLS® sold records (Pillar 9 / CREB®).

What Do You Think Your Home Would Sell For?

Based on all this data and assuming you took a good look through the sold and active listings, what do you think you could list your home for and what do you think it would sell for? I'll watch for your email or text!

Source: MLS® sold records (Pillar 9 / CREB®). Neighbourhood charts and the 17-day vs long-DOM table use the same dates each year: January 1 through September 30, 2026, detached homes in McKenzie Towne only. Comp worksheet: 21 solds qualified from May 1, 2026 through September 30, 2026. Not an appraisal.

or another way

Call Jason · (403) 255-5555