Derek John Bryer, Associate, EXP Realty of Canada Inc. O/A eXp Realty 587-325-2992 derek@derekjbryer.com

City of Chestermere, Alberta

Living in Chestermere, Alberta

Chestermere is a city built around a man-made lake, with a 2025 municipal census population of 32,255. CREB's September 2026 total residential benchmark for the city is $690,200.

Aerial view of John Peake Park and its gazebo on the shore of Chestermere Lake in Chestermere, Alberta.
Aerial view of John Peake Park and its gazebo on the shore of Chestermere Lake in Chestermere, Alberta. Photo: Bythelake10, CC BY-SA 4.0, resized

Chestermere at a glance

Price rangeCREB city total residential benchmark, September 2026: $690,200
Property typesDwelling types not confirmed. The 2025 census counted 9,296 dwellings in total
SchoolsNot listed here. Confirm the designated school for an address with the school board
TransitNot confirmed in the sources used
Getting downtownNot confirmed. City Hall is at 105 Marina Road

Recent prices in Chestermere

Property type Price What the figure is
Total residential $690,200 CREB city benchmark, September 2026, down 0.2% from a year earlier
Year to date benchmark $702,789 CREB, January to September 2026
Active inventory 292 CREB, September 2026, up 13.6%, 5.73 months of supply

Figures are general information for the period stated and are not an appraisal of any specific property. Citywide figures are on Calgary house prices by property type.

How the lake became a city

Chestermere Lake began as a natural wetland. Around 1907 a dam and canal system turned it into a lake that served as a balancing pool for the Western Irrigation Block. In 1975 the Chestermere Cabin Owners Association bought the land from the Western Irrigation District and transferred it to residents. By 1977 there were 120 permanent homes and the community became the Summer Village of Chestermere Lake. Council decided on September 29, 2014 to apply for city status and the community became the City of Chestermere on January 1, 2015.

That history explains why the municipal documents distinguish lake lots. The Land Use Bylaw 020-24 defines a “Lake Lot Area”. Whether a home outside those lots has any lake access was not confirmed in the sources used, so ask the City and read the title.

Population and the 28 neighbourhoods

The 2025 municipal census, taken from May 12 to July 11, 2025, counted 32,255 people in 9,296 dwellings, an average of 3.5 people per household. The City lists 28 neighbourhoods. The largest by population are Westmere at 6,475, Dawson’s Landing at 3,370, Rainbow Falls at 2,998, Chelsea at 2,523 and Kinniburgh North at 2,385. The smallest are Clearwater Park with 9 and Chestermere Estates with 61. A breakdown of dwellings by type sits in the City’s 2025 census report and was not read for this page.

The tax bill

The City sets its own rate. For 2026 the residential municipal mill rate is 3.573, up from 3.248 in 2025. The City says that adds about $227 per year to the bill on a $700,000 home. It also says 42% of the average household’s bill, which it puts at $1,826, goes to the Province. The education mill rate and the payment due dates were not on the page used, so check them with the City’s tax office. Ask an accountant how the bill applies to a given property.

Lake use and the boat launch

The lake’s water level is controlled by the Western Irrigation District and the lake is drawn from the Bow River. A City notice says seasonal lowering begins October 13 and levels are raised again in mid to late April. The City runs the boat launch at 100 John Morris Way in John Peake Park, on the west side of the lake. Residents register with proof of residence, a Pleasure Craft Operator Card and a boat or trailer licence. The resident season pass is $25 per household.

Non-residents pay a daily fee. For a motorized boat it is $35 on weekdays and $65 on weekends and statutory holidays. A personal watercraft costs $25 or $45. An open bow boat under 10 horsepower is $10 and non-motorized craft are free. Visitors must leave the launch parking area by 10 pm and the launch accepts debit or credit only.

Prices and the market

CREB’s September 2026 package gives a total residential benchmark of $690,200, down 0.2% from a year earlier. The year-to-date benchmark is $702,789. There were 51 sales in the month, unchanged from last September and 15.5% lower for the year so far. Inventory was 292 homes, up 13.6%, which equals 5.73 months of supply. The sales-to-new-listings ratio was 38%. CREB publishes no by-type figures for Chestermere in this package.

The Mahogany guide covers a lake community inside Calgary and the Auburn Bay guide covers another. Chestermere handles lake use through the City and the irrigation district. For citywide figures see Calgary house prices.

Reading the market figures

At 5.73 months of supply, Chestermere’s inventory was higher than in Okotoks in the same month, where CREB reports 2.18 months. Sales were 38% of new listings. Those are the numbers CREB published. They describe September only. For a pricing view of a particular home, ask for a written comparison of recent sales rather than relying on a town-wide benchmark.

Health, services and what is not confirmed

The Chestermere Community Health Centre is at 288 Kinniburgh Boulevard. Whether it offers urgent care was not confirmed. The recreation centre, library, shopping, transit and school names were also not confirmed in the sources used. Attendance areas are set by the school boards and must be confirmed for any address.

What to check on a home here

Derek Bryer, an associate with eXp Realty, spent more than 20 years in residential construction before real estate. On a home here he looks at new-build warranty paperwork, grading and drainage and roof and siding condition. He is not a home inspector, so a licensed inspection is still the buyer’s step. See the new construction guide for warranty questions and the hail and roof guide. Check flood mapping with the City and coverage with an insurance broker, because neither was confirmed here.

A first purchase involves several steps, laid out on the first-time home buyers page. The buyers page and the neighbourhoods index give the wider picture.

Chestermere questions

What is the benchmark price in Chestermere?

CREB's September 2026 regional package gives a total residential benchmark of $690,200 for Chestermere, down 0.2% from a year earlier. It does not split that figure by property type.

What is the 2026 residential tax rate in Chestermere?

The City lists a municipal residential mill rate of 3.573 for 2026, up from 3.248 in 2025. The education rate and due dates were not on the page used.

How many people live in Chestermere?

The City's 2025 municipal census counted 32,255 people in 9,296 dwellings, with an average household size of 3.5.

Can non-residents launch a boat on Chestermere Lake?

The City's boat launch lists daily fees for non-residents, such as $35 on weekdays for a motorized boat. Non-motorized watercraft are free. Confirm current fees with the City.

Who controls the lake level?

The City's pages describe levels set by the Western Irrigation District, with the lake drawn from the Bow River. A City notice says seasonal lowering begins October 13.

Is Chestermere part of Calgary?

No. It became the City of Chestermere on January 1, 2015, with its own council, tax rate and utilities.

Facts last reviewed

Market data. Price information on this page is general information drawn from Calgary Real Estate Board (CREB) reports for the period stated. It is not an appraisal, not an opinion of value for any specific property and not guaranteed.

Not advice. Nothing here is legal, tax, mortgage or investment advice. School attendance areas are set by the school boards and can change. Confirm the designated school for any specific address with the board directly.

Book a 30-minute conversation about Chestermere

No pitch and no pressure. Derek will go through what your budget reaches here and what to check on the homes themselves.