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Elbow Valley Real Estate Statistics & Housing Market News

Find Elbow Valley Rural Rocky View County real estate statistics & housing market news information on June 13, 6:18am. Updated every 10 minutes housing market trends in Elbow Valley shows active properties for sale. Search Elbow Valley real estate statistics housing market prices starting around $1,948,000.00, active just listed Elbow Valley homes. Compare sales history, daily inventory, recently solds house prices, property types, market trends including single family, detached homes, luxury homes plus new real estate trend reports. View Elbow Valley house prices, total sales, average days on market more Elbow Valley real estate information.

Elbow Valley Housing Market Snapshot

Search Elbow Valley housing market information, market trends, information in Elbow Valley. Compare community demographics general estimate of statistics including details on household incomes, age, marital status and population living in private households.

    As of June 13, 6:18am Elbow Valley real estate housing market shows active and dynamic conditions.
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Elbow Valley Real Estate Housing Market News

Elbow Valley real estate news housing market statistics: New on June 13, 06:18am with active properties for sale Elbow Valley real estate housing market news for residential neighbourhoods in Rural Rocky View County. Elbow Valley community property types including new listings, single family detached homes, attached, townhomes plus new Elbow Valley real estate news.


Housing Market Overview

Elbow Valley Community Overview

Find answers to the most common questions about Elbow Valley, an award-winning luxury acreage community west of Calgary known for its private lakes, pristine natural parkland, and exclusive resort-style amenities.

Where is Elbow Valley located?

Elbow Valley is a prestigious rural community located in Rocky View County, immediately west of Calgary along Highway 8 [citation:1]. The community is approximately 20 minutes from Calgary's downtown core and offers quick access to the Rocky Mountains [citation:8]. It is bordered by Range Road 25 to the east and Range Road 31 to the west, with Bragg Creek located further west [citation:1].

How did Elbow Valley get its name?

Elbow Valley gets its name from the Elbow River, which flows through the region into the Bow River at Fort Calgary. The name is descriptive, referring to the point where the river abruptly turns northward in an elbow-like curve [citation:1]. David Thompson referred to it as "Hokaikshi" in 1814, the Cree called it "o-too-kwa-na", and until 1880 it was often called "Swift Creek" after the speed of its watercourse [citation:1][citation:5].

What awards has Elbow Valley won?

Elbow Valley has been twice named Canada's Community of the Year and four times named Calgary's finest community [citation:4][citation:9]. It is recognized for its architectural excellence, environmental stewardship, and seamless integration of luxury living with untouched wilderness.

What types of homes are available in Elbow Valley?

Elbow Valley features luxury estate homes, acreage properties, custom-built bungalows, and multi-million dollar residences on large lots [citation:9]. Architectural styles blend harmoniously with the natural landscape, using materials like stone, wood, and natural elements to provide a rustic yet refined look [citation:9]. Homes range from elegant estate properties to sprawling ranch-style houses, many with walkout basements, gourmet kitchens, and spectacular views of the Rocky Mountains or private lakes [citation:7].

What is the average home price in Elbow Valley?

Elbow Valley is one of the most prestigious and expensive communities in the Calgary region. The average home price is approximately $2,685,000 [citation:6]. Homes typically range from $1.5 million to over $3.5 million, with the highest recent sale reaching $3,300,000 [citation:10]. Over the last 12 months, the median sold price was $1,834,172 [citation:10].

Recent examples include:

  • Clearwater Cove – $2,499,000 (4-bedroom, 1,944 sq ft bungalow on Fisherman's Lake) [citation:4]
  • Whispering Water Trail – $2,199,000 (5,800+ sq ft home, 4 bedrooms, 5 bathrooms, triple garage) [citation:7]
What are the private lakes in Elbow Valley?

Elbow Valley features three private, spring-fed lakes available exclusively to residents: Elbow Valley Lake, Clearwater Lake, and Fisherman's Lake [citation:9]. These lakes are stocked annually with trout for fishing and provide year-round recreation including swimming, canoeing, kayaking, and paddleboarding in summer, and ice skating and ice fishing in winter [citation:4][citation:9]. Fisherman's Lake, located behind properties on Clearwater Cove, is cleared each winter for skating [citation:4].

What amenities does Elbow Valley offer residents?

Elbow Valley offers an exceptional range of private amenities exclusively for residents [citation:9]:

  • Three private spring-fed lakes – Swimming, boating, fishing, and skating
  • Over 30 kilometres of nature trails – Walking, jogging, and cycling through natural parkland [citation:4]
  • Residents Clubhouse – Social hub with meeting spaces, library, lounge, and seasonal programming [citation:8][citation:9]
  • Tennis and pickleball courts – Available to residents [citation:4][citation:9]
  • Beach areas – Private beaches for swimming and picnicking [citation:9]
  • Community boathouse – Kayaks and paddleboards available [citation:4]
  • Playground and basketball courts – For families [citation:9]
What is the Elbow Valley Residents Club?

The Elbow Valley Residents Club (EVRC) is the governing body that manages community amenities and services [citation:8]. The clubhouse is located at 100 Misty Morning Drive in Elbow Valley [citation:8]. Key contacts include:

  • Main Club Line: (403) 240-4386
  • Impact Security (Weekends & After 8 p.m.): 1 (866) 385-7037

The club collects monthly "residents fees" (similar to condo fees) from homeowners, which cover operating costs, maintenance, infrastructure replacement, and community events [citation:8]. Homeowners are grouped into four property categories: semi-detached, detached, acreage, and lake lots, each with different monthly fees [citation:8].

Is Elbow Valley open to the public?

No, Elbow Valley is a private gated community. The facilities, amenities, and lakes are private property for the use of Elbow Valley residents and their guests only [citation:8]. The community has 24/7 security, and access is restricted to residents and authorized visitors. This exclusivity is a key factor in Elbow Valley's desirability and premium home values.

What schools serve the Elbow Valley area?

Springbank is the designated community for schools for Elbow Valley [citation:3]. The designated public schools include:

  • École Elbow Valley Elementary School – K-5 (French immersion available)
  • Springbank Middle School – Grades 6-8
  • Springbank Community High School – Grades 9-12

All three schools provide busing from Elbow Valley [citation:3]. There are also excellent private and Catholic school options nearby, including Webber Academy, Rundle College, and Calgary French & International School [citation:3].

What healthcare options are near Elbow Valley?

Elbow Valley residents have convenient access to several major healthcare facilities in Calgary [citation:5]:

  • Rockyview General Hospital – Approximately 13-15 minutes east
  • Foothills Medical Centre – Approximately 12 km away
  • Alberta Children's Hospital – Approximately 11 km away [citation:5]

A full-time staffed regional fire hall is also located in Elbow Valley West, the community immediately adjoining Elbow Valley [citation:3].

What utilities are available in Elbow Valley?

One feature that sets Elbow Valley apart from other luxury acreage communities is its access to urban amenities, including a connection to the City of Calgary's waste treatment system [citation:3]. Utility providers include:

  • Natural Gas: Direct Energy & Enmax [citation:3]
  • Electricity: Epcor & Enmax [citation:3]
  • Water: Westridge (403) 228-2543 [citation:3]
  • Sewage: City of Calgary waste treatment, billed by County Utilities [citation:3]
  • Cable & Internet: Shaw & Telus [citation:3]
  • Fire & EMS: Full-time staffed regional fire hall in Elbow Valley West [citation:3]
What shopping is near Elbow Valley?

A quick 10-minute drive east into Calgary provides access to major shopping destinations [citation:9]:

  • Westhills Towne Centre – Walmart, Canadian Tire, restaurants
  • Aspen Landing Shopping Centre – Safeway, specialty food shops, boutiques, pharmacies, banks, and family-friendly eateries [citation:9]
  • West 85th – Trendy boutiques, fitness centres, and dining [citation:9]
  • Signal Hill Centre – Additional retail and services
How far is Elbow Valley from Calgary?

Elbow Valley is located approximately 20 minutes west of Calgary's downtown core [citation:4][citation:8]. The community has easy access to Highway 8, which connects to Stoney Trail and the Trans-Canada Highway. Commute times include:

  • Downtown Calgary: 20-25 minutes
  • Calgary International Airport (YYC): Approximately 23-25 minutes [citation:5]
  • Westhills Towne Centre: Approximately 10 minutes
  • Bragg Creek: Approximately 15-20 minutes west
  • Rocky Mountains: A short drive for weekend getaways
What golf courses are near Elbow Valley?

Golf enthusiasts have several world-class courses nearby:

  • Elbow Springs Golf Club – Minutes away, 27 holes
  • Pinebrook Golf and Country Club – Private course in the area [citation:9]
  • Glencoe Golf & Country Club – Prestigious private golf course [citation:9]
  • Shaganappi Point Golf Course – Public course in Calgary
What outdoor recreation is available near Elbow Valley?

Elbow Valley is surrounded by natural beauty and outdoor recreation:

  • Over 30 kilometres of nature trails – Within the community for walking, jogging, and cycling [citation:4][citation:9]
  • Private lakes – Swimming, fishing, boating, and skating [citation:9]
  • Elbow Valley Provincial Park – Part of Kananaskis Country, for hiking, fishing, and camping
  • Kananaskis Country – World-class hiking, skiing, and mountain recreation
  • Fish Creek Provincial Park – Accessible via Calgary's pathway system
Is Elbow Valley dog-friendly?

Yes, Elbow Valley is a dog-friendly community. The extensive trail system provides excellent opportunities for dog walking, and many properties feature large, fenced yards. One listing even features a dedicated dog bath and shower in the mudroom, and a dog run fenced-in area in the yard [citation:4][citation:7]. The community's natural parkland and environmental reserves offer plenty of space for pets to enjoy the outdoors.

Is Elbow Valley a good place for families?

Yes, Elbow Valley is an excellent family-oriented community. Features include [citation:7][citation:9]:

  • Excellent designated schools in Springbank (K-12) with busing from the community
  • Private lakes offering safe, year-round recreation for all ages
  • Playgrounds, tennis courts, basketball courts, and sports facilities
  • Over 30 km of pathways for family walks and bike rides
  • Safe, quiet cul-de-sac streets ideal for raising children [citation:7]
  • Active Residents Club with seasonal programming and community events
What are the monthly fees in Elbow Valley?

The monthly residents fee in Elbow Valley varies by property category. Homeowners are grouped into four categories: semi-detached, detached, acreage, and lake lots, each with different monthly fees [citation:8]. Recent examples include [citation:4][citation:7]:

  • 320 Clearwater Cove – $231.35/month [citation:4]
  • 451 Whispering Water Trail – Monthly fees vary by property classification [citation:7]

These fees cover typical operating costs, maintenance of common areas and amenities, infrastructure replacement, reserve fund contributions, and special events and social amenities [citation:8]. For specific fee amounts based on property classification, homeowners should contact the Elbow Valley Residents Club directly at (403) 240-4386 [citation:8].

What makes Elbow Valley environmentally unique?

Elbow Valley was one of the first communities in the area to implement an eco-friendly focus, with extensive natural stormwater management and energy-efficient building practices [citation:9]. The community preserves over 600 acres of community land, including protected wetlands, ponds, and natural parkland [citation:9]. It also has a unique connection to the City of Calgary's waste treatment system, something not available in most rural luxury communities [citation:3]. Many homes feature sustainable landscaping and energy-conscious designs [citation:9].


Frequently Asked Questions

Here are some frequently asked questions about the real estate & housing market statistics in Elbow Valley neighbourhood. Below you will find frequently asked questions about the community.

  • What are the housing market statistics in Elbow Valley?
    The Elbow Valley real estate market is currently rebalancing from a seller's market to a more balanced one, with increased inventory and slower sales leading to more negotiation opportunities for buyers, though prices remain significantly above pre-pandemic levels. Benchmark prices have softened year-over-year for most property types, especially apartments, while the market varies by price point and neighborhood, with some areas remaining strong and others moving more slowly.
  • What is the Market Report Summary?
    Average sold prices dropped by 3% month-over-month but are still up by 7% year-over-year, Inventory continued to increase for all property types.
  • Do I really need a REALTORS® when buying a home?
    Yes, When buying a home, it’s strongly recommended you have a Elbow Valley REALTOR®. There are many benefits why you should have a screened Elbow Valley real estate agent represent your best interests when buying a home.

Elbow Valley House Prices By Price Range

The market isn't uniform; some neighborhoods are still experiencing faster sales, while others are slower. Economic Factors, Underlying economic drivers are intact, and people are still moving to Elbow Valley, which supports the market despite current shifts. Sellers should price their homes intentionally, and buyers should be prepared to negotiate. Elbow Valley House Prices totals by Price Range: Total Elbow Valley Property types by price including single family detached homes, attached, townhomes plus new Elbow Valley real estate statistics.


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Elbow Valley Housing Market Trends

Elbow Valley housing market statistics & trends on June 13, 6:18am: New every 10 minutes currently active Elbow Valley listings for sale. Elbow Valley Property types include single family detached homes, luxury homes, townhomes plus new Elbow Valley real estate housing statistics.

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