Matthew Kennedy, a Calgary homeowner, successfully restored the 1913 Craftsman-style Grant (Jones) Residence in Parkdale, demonstrating that heritage designation can be flexible and financially viable. With the aid of the City of Calgary’s Historic Resource Conservation Grant, which provided $125,000, Kennedy adapted the home to his family's needs while preserving its character, resulting in a 42% increase in its assessed value and a sale price of $2.15 million.
Calgary homeowner restores heritage bungalow to former glory, with some help from city’s Conservation Grant
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TL;DR: Key points with love ❤️Matthew Kennedy, a Calgary homeowner, successfully restored the 1913 Craftsman-style Grant (Jones) Residence in Parkdale, demonstrating that heritage designation can be flexible and financially viable. With the aid of the City of Calgary’s Historic Resource Conservation Grant, which provided $125,000, Kennedy adapted the home to his family's needs while preserving its character, resulting in a 42% increase in its assessed value and a sale price of $2.15 million.
- 1 1910: Parkdale neighbourhood established.
- 2 1913: Grant (Jones) Residence built.
- 3 2018: Matthew Kennedy purchased the home.
- 4 2020: Home received heritage designation.
- 5 Past seven years (2018-2025): Renovation by Matthew Kennedy.
- 6 Early July (2025): Grant (Jones) Residence sold for $2.15 million.
- 7 July 17, 2025: Article published.
- Successful preservation of a heritage home
- Increased property value
- Demonstration of the viability of heritage grants
- Potential encouragement for other homeowners to designate and restore
What: A heritage-designated bungalow in Calgary was successfully restored and sold for a significant profit.
When: Built in 1913; purchased in 2018; designated in 2020; renovated over the past seven years; sold in early July (2025); article published on July 17, 2025.
Where: Parkdale, Calgary, Alberta, Canada (Grant (Jones) Residence).
Why: To preserve the historical significance of the home, adapt it for modern family needs, and demonstrate the benefits of heritage designation and available grants.
How: Homeowner Matthew Kennedy purchased the property on the condition of designation and restoration, carefully framed the heritage bylaw to allow for flexibility, and utilized the City of Calgary’s Historic Resource Conservation Grant to fund half of the restoration costs.