From time to time, I’m going to focus on communities in and around Calgary as – like all Realtors worth their salt – I’m fascinated by the intricacies and individuality that define them. Today, let’s look at Varsity, which was named Avenue Magazine’s Best Neighbourhood in their 2011 & 2012 features. Encompassing both the University of Calgary and Market Mall, Varsity was established in 1963, and grew throughout the 60s and early 70s to nearly seven square kilometres. Varsity’s population grew a little over 1% from 2011 to 2012, to about 12,200 people, with a median household income of nearly $59,000.
About a third of the residences in Varsity are rentals, which makes sense given its close proximity to the University; the average home was assessed at $527,000 in 2012, while condos averaged $238,000. Varsity supports three public elementary schools, a public junior high, and a Catholic elementary and high school.
Gord Smith, the general manager of the Varsity Community Association, has sat on the Better Business Bureau’s board of directors for many years. The Association hosts a wide variety of activities, including Girl Guides, Boy Scouts, and a Good Samaritans program where volunteers help local seniors with daily tasks and chores.
To see homes available in Varsity, do a Quick Search.
To get a complete market report on Varsity, or any other neighbourhood you are interested in, use our quick and easy market report request.
