Diamond Valley Real Estate
Diamond Valley brings together the former towns of Black Diamond and Turner Valley in Alberta's Foothills region. The communities amalgamated on January 1, 2023. Both historic town centres are part of Diamond Valley; nearby rural Foothills County properties are a separate location.
Homes, Land and Commercial Properties
Local real estate includes detached houses, attached homes, apartment condos, building lots and commercial properties. Established streets sit alongside newer developments, with options ranging from renovation projects to new construction. Vacant land and commercial buildings are distinct property types, not houses or condos.
New-build offerings may be proposed, under construction or completed. Construction status, included finishes and possession dates should be confirmed for the individual property. Land offerings also vary: a residential building lot is different from a larger development parcel or commercially zoned site.
Black Diamond and Turner Valley
The two former communities retain their own street patterns and local amenities within the amalgamated town. Riverwood, Willow Ridge, Country Meadows and Diamond Ridge are among the areas represented in local property descriptions. A property's address, setting and proximity to everyday services provide a more useful comparison than the community name alone.
The Sheep River and surrounding foothills contribute to the area's character. Highway 22 connects the historic centres, while Highway 7 provides an eastern connection toward Okotoks. Rural properties outside the town should be assessed separately from properties within Diamond Valley.
Understanding Property Prices
Listing prices are asking prices, not completed-sale prices. A change in the mix of available houses, condos, land or commercial properties can change asking-price statistics without establishing a change in sale values. A sold-price comparison requires completed transactions and a clearly defined reporting period.
For individual comparisons, consider property type, condition, floor area, lot size, construction status and location. Condominium fees, land-lease terms, servicing and permitted uses can also distinguish otherwise similar-looking properties. Current availability and the details of an offer should be confirmed before making a decision.

















