What Your Home Is Really Worth in Today’s Market
Lake Bonavista is one of Calgary’s most established lake communities, and that “premium neighborhood effect” continues to show up in values. Whether you’re thinking about selling, buying, or just keeping an eye on your equity, this is a quick, plain-English look at what the numbers are saying right now.
Sources: CREB® published stats + REW (Pillar 9 MLS® feed). Note: listing sites like REALTOR.ca may block automated access; this summary uses publishable market data.
At-a-Glance Takeaways
The numbers that matter
1) Typical values + demand (CREB® community stats)
How to read “Sales ÷ New listings”: closer to 1.0 usually means listings are being absorbed by buyers fairly quickly. Detached in Lake Bonavista was stronger than condos in this YTD window.
Source: CREB® community statistics (Lake Bonavista), YTD as of July 3, 2025.
2) Current listing snapshot (REW “Bonavista” area)
This is asking pricing (what sellers are trying). Sold prices can differ based on condition, competition, and strategy.
Quick visuals
Benchmark price (visual)
Bar lengths are proportional to the detached benchmark in the same table.
Demand vs supply (Sales vs new listings)
A higher ratio generally signals stronger buyer pull relative to new supply.
Notable trends (plain English)
Trend 1 — Detached demand stays very real here
Detached benchmark sits around $1.016M (CREB® YTD to Jul 3, 2025), and the absorption ratio was ~0.85 — meaning new supply was getting picked up fairly consistently.
Trend 2 — More inventory citywide tends to create more negotiation room
CREB® citywide reporting shows inventory and days-on-market have been higher than the tightest periods, which usually translates to buyers being pickier. Homes that are well-positioned (price + presentation) still sell well — “hope pricing” tends to sit.
What this means for your home’s value
- Detached owners: Lake Bonavista’s premium holds, but your true value swings with renovations, lot/backing, lake privileges, and layout.
- Condo owners: Buyers compare hard on fees, building reputation, and condition. Pricing needs to be sharper, and staging/photos matter a lot.
- Timing expectations: With roughly ~60 days citywide average DOM (YTD Jan 12, 2026), plan for more runway than “sold in a weekend” — unless the home is perfectly positioned.
- CREB® market reporting / statistics pages (community-level stats and citywide summaries).
- REW “Bonavista” area snapshot (Pillar 9 MLS® feed).