Calgary, AB • Shannon Estates (Focus: Shannon Estates Villas)
Shannon Estates Villas — Market Update
A skimmable snapshot of pricing + activity for this small, villa-style pocket. (Updated: Jan 28, 2026)
At-a-glance (Shannon Estates Villas)
Sales activity signal (last 6 months)
Very limited
REW notes no similar sales for a Shannon Estates Terrace reference address
“Typical” active pricing nearby (REW insight)
~$478K
Low–High shown: $415K–$500K
Assessed value reference (example)
$373K
2021 assessment on the REW reference unit
Property profile (typical)
Villa-style TH
Built ~2003 (per REW reference)
Data note: Shannon Estates Villas is a small niche complex, so public “sold” data can be thin. This report leans on REW’s property-level insights and emphasizes how to value accurately when the sales sample size is small.
Active Pricing Band (REW insight)
(low → typical → high)
This is the “shopping range” shown in REW’s property insights for a Shannon Estates Terrace reference unit.
Quick read: in small villa complexes, the spread is often driven by renovations + layout + backing/position more than by overall market averages.
Sales Activity Reality Check
(small-sample effect)
REW’s property insights flag that there were no similar sales in the last six months for a Shannon Estates Terrace reference unit.
Translation: the market can still be healthy — it just means this specific pocket doesn’t trade often, so each sale carries more weight when it does happen.
Shannon Estates Villas — What We Can Say With Confidence
When sold data is thin, the “confidence” comes from matching the right comps and reading current competition.
| Home style (typical) | Villa / townhouse |
| Build era (reference) | ~2003 |
| Active “typical” price shown (REW) | ~$478,000 |
| Active range shown (REW) | $415K–$500K |
| Sales activity flag (REW) | No similar sales (6 mo) |
Source: REW property insights (Shannon Estates Terrace reference unit).
How I’d Price a Villa Here (Fast)
This is the playbook when the complex doesn’t have frequent sales.
| Step 1 | Pull the closest villa comps (same layout + garage + basement finish) |
| Step 2 | Adjust for updates (kitchen/baths, flooring, windows, mechanical) |
| Step 3 | Cross-check actives (what buyers will tour the same weekend) |
Why this matters: in villas, the “premium” is often tied to stair-free living + condition. Two units can be priced very differently even with similar square footage.
Two Notable Trends (For This Pocket)
1) Low turnover = each sale is a “big data point”
When REW is showing no similar sales over six months, it usually means this complex just doesn’t trade often. So when a villa does sell, it can reset expectations—especially if it’s beautifully renovated.
2) Condition creates pricing separation (more than “average” numbers)
In villa-style adult living, buyers tend to be quality-sensitive. The same layout can price differently if one is “original” and another is “turn-key.” That’s why valuation here is comp-driven, not “average-driven.”
Want a tight value range for your exact villa?
Totally casual—send the unit address (or a recent listing link), plus a quick note on updates (kitchen/baths/flooring/mechanical), and I’ll pull the closest comps and give you a clean, practical price range you can actually use.
Sources used
- REW property insights for a Shannon Estates Terrace reference unit (pricing band + “no similar sales” note).