Chestermere is the lake. The whole city wraps around it, with boating and paddleboarding in summer and skating in winter, and it sits minutes east of Calgary’s ring road, which makes it the rare bedroom community with a real resort feel.
What homes cost in Chestermere
Apartments. $239K to $370K. Median $297K. (Only 12 sales, so a thin segment.)
Townhouses. $357K to $493K. Median $425K.
Semi-detached. $505K to $630K. Median $554K.
Detached. $570K to $1.17M. Median $730K.
Ranges are the middle 80% of sales. Based on 535 MLS sales in Chestermere, August 2025 to August 2026.
Living in Chestermere
Detached is the story here, and the lake sets the ladder: family homes through the $600s and $700s, newer estate streets past $1M, and lakefront running past $2.5M. Most of the stock is newer, and the semis and townhomes cluster tightly in the $400s to low $600s.
How we work Chestermere
We’re inner-city Calgary specialists first, and we sell in Chestermere too, including on Marina Drive this past year. If you’re weighing lake life against city life, we’ve helped clients decide it in both directions.
Questions about Chestermere
Yes. Chestermere’s benchmark price was $690,200 in September 2026, against $566,700 for Calgary, and a lot of that is the lake (CREB, as of September 2026). It also has the most supply of the four towns we work in, close to six months, so buyers have more room to negotiate there than anywhere else nearby.
Where to start
Selling? Start with a clear read on what your home is worth. Comparing against Calgary? Our community guides compare the inner city side by side. Coming from another city? Our guide to moving to Calgary goes through the costs, the timing and how the towns compare on price.