This bareland condo plan at 1540 34 Avenue SW in South Calgary was developed in 2008 and comprises four units. The city's 2026 assessed value for units in this plan averages around $545,000. Bareland condos offer owners the opportunity to build or develop on their individual lots while sharing common property responsibilities through the condo corporation structure. As with any condo purchase, prospective buyers should have the reserve fund study, financial statements, board minutes, bylaws and insurance documents professionally reviewed to understand financial obligations and any outstanding issues.