Now and then, Calgarians going for a morning walk in their community are stunned to discover that a house on their street has disappeared overnight.

No, the house wasn't whisked away by a tornado like in The Wizard of Oz – it's all part of a a way to "recycle" homes that ends up benefiting landowners in two locations.

Southwest Calgary born and raised, Mike Vernon knows his way in and around this city the way he knows his way around a game-, series- and title-saving overtime glove save off Stan Smyl.

Three decades ago, the small, acrobatic goaltender morphed into an authentic hometown hero when he helped deliver a Stanley Cup championship to the Calgary Flames.

Just steps away from the action and amenities on 17th Avenue S.W., the sister communities of Upper and Lower Mount Royal epitomize the best of the age-old adage: location, location, location.

Drawing a line down Elbow Drive from north to south traces a rough timeline of Calgary community creation. This one road spans nearly 60 years of development – starting with some of Calgary's earliest, inner-city neighbourhoods and ending with several of the
1960s-era suburbs that now make up the city's middle ring. Here are the communities that  fall within the city's Elbow Drive corridor.

A special stretch of residential development in Calgary, including communities that took root more than 100 years ago, continues to be a treasure trove for today's high-end homebuyers.

Throughout the past 39 years living in Calgary, I've always been fascinated by one roadway in the city: Elbow Drive.

It very well might be my favourite road to travel by vehicle, with its picturesque views of the river, parks, commercial development and interesting homes.

If you follow the stretch of the Elbow River that runs from the Glenmore Reservoir all the way to the downtown core, you'll come face to face with some of Calgary's swankiest addresses. Bel-Aire, Britannia, Elbow Park, Eagle Ridge and Roxboro topped the luxury charts in 2018 when it comes to average home sale price. CREB®Now chatted with Sam Corea, luxury specialist with RE/MAX House of Real Estate, to find out what makes these top luxury communities so desirable.

A luxury market stats breakdown with CREB® chief economist Ann-Marie Lurie

CREB®Now: How do statistics for luxury homes fit into the overall housing market in Calgary?

Lurie: It's usually the media that defines what the luxury market is. What I see as luxury is different from everyone else. To me, this reflects properties that have sold for over $1 million, and these properties account for roughly four per cent of all our sales activity