June 2016

Completely residential, Eagle Ridge is a very small luxury neighbourhood in South West Calgary.  With just three streets, 97 homes and 500 residents, you can’t get more intimate than this.  There are no stores, no gas stations, no office buildings and that means, no traffic.

It’s also one of Calgary’s top luxury neighbourhoods. In fact, in a poll conducted within the last five years, Eagle Ridge ranked 18th among luxury neighbourhoods in the entire country.

Eagle Ridge Location

This highly exclusive and private neighbourhood has just one road in off 75 Ave SW to the west of 14 St SW.   Eagle Ridge is tucked in between Heritage Park Historical Village to the south and Rockyview General Hospital to the north with the Glenmore Reservoir immediately

When the City of Calgary looked out into the future in 2014, they were looking from a place of prosperity.  Where oil prices were high and employment rates were just as high. Folks could absorb a hike in property tax in exchange for improved services from the City.

Today it’s a different picture and reaction to 2016 taxes from Calgarians is fairly negative.  And, there’s another 4% or so hike coming in 2017.

Take for example, 34-year-old Dan Willmott who recently redeveloped a property in the South West community of Wildwood. Built from the foundation up on a 60-foot wide lot, the $550,000 bungalow became a $1.7 million dollar two-storey home and property taxes doubled.  Now, the young man’s bill is over $700 a month. Luckily, there are two incomes