New Builds in Mahogany, Calgary
Mahogany (SE) has 28 new builds listed on MLS® September 18, 2026: 11 detached houses, 7 apartment condos, 5 duplexes and semi-detached, 5 townhomes. The median asking price is $649,900, 7% below the Calgary new-build median of $699,600, and the cheapest way in is $239,900. 2 homes advertise quick possession, and 5 are still under construction.
Updated September 18, 2026 · 28 active new-build listings from the MLS® feed · counts and medians are that day's snapshot; the grid below is live
What is listed in Mahogany right now
Filter, sort and compare all 28 →What is being built in Mahogany
Detached houses lead, 11 of 28, at about $375 per square foot. Homes run 435 to 2,798 square feet, median 1,717. Bedrooms: 5 with 2 bedrooms, 14 with 3 bedrooms, 2 with 4 bedrooms, 3 with 5+ bedrooms. 19 of 28 list two or more parking spaces; 16 come with a finished or developed basement. Each type below opens the live search already filtered to it.
| Type | Listed | Median | From | Median size | Per sq ft |
|---|---|---|---|---|---|
| Detached houses | 11 | $799,900 | $624,900 | 2,250 sq ft | $375 |
| Apartment condos | 7 | $279,900 | $239,900 | 558 sq ft | $523 |
| Duplexes and semi-detached | 5 | $609,900 | $524,900 | 1,700 sq ft | $392 |
| Townhomes | 5 | $459,900 | $242,520 | 1,378 sq ft | $362 |
Who is building in Mahogany
14 of the 28 listings name their builder in the public remarks. Counts are listings, not homes sold, and a builder with one listing here may have a whole street of standing inventory it has not put on MLS®. The directory link opens the builder's profile; “see them” opens their Mahogany homes.
- Hopewell Residential 7 listings · $794,900 median · Premium · see them
- Excel Homes 3 listings · $507,500 median · Mid-market · see them
- Logel Homes 3 listings · $261,900 median · Entry · see them
- Baywest Homes 1 listing · $1,233,400 median · Premium · see them
Possession timing
2 of the 28 advertise quick or immediate possession, move-in ready or a released showhome; 5 have a build year still ahead, so they are under construction; the remaining 21 say nothing about timing in their remarks. Builders do not always write it down, so the standing-inventory count is a floor rather than the whole market. The current listings have been on the market a median of 51 days. 8 were listed in the last two weeks.
New build versus resale in Mahogany
95 resale homes were listed in Mahogany alongside the 28 new builds September 18, 2026. Median asking: $740,000 resale against $649,900 new — new builds 12% below resale. Medians across mixed home types are a rough read, not a like-for-like; the useful comparison is the same plan on the same street, and that is a comparative market analysis. What the gap does tell you is whether this is a community where the builder's price is being tested by owners selling nearly-new homes beside it.
Newest listings in Mahogany
The three most recently listed new builds September 18, 2026. Every listing on this page is supplied through the CREA DDF® and displayed courtesy of the brokerage named with it.
- 87 Mercado Crescent SE — $799,900 · detached house · 3 bed · 3 bath · 2,124 sq ft · Newly built · Hopewell ResidentialListed by Real Broker
- 551 Mercado Avenue SE — $874,900 · detached house · 3 bed · 3 bath · 2,250 sq ft · Move-in readyListed by Real Broker
- 1368 Mahogany Boulevard SE — $609,900 · duplex · 3 bed · 3 bath · 1,717 sq ft · Newly builtListed by Real Broker
About Mahogany
This page covers what is being built. The Mahogany community guide covers schools, amenities and the honest trade-offs of living here.
Buying new in Mahogany?
The showhome representative works for the builder. I work for you — from the first visit (most builders require your agent to be registered on the first visit, not after), through the incentives that are never published, to the contract and the walkthrough. On a new build the builder typically pays the buyer agent, so representation usually costs you nothing extra.
Ask about Mahogany builders and incentives →