The less expensive areas in the SW tend to be Rosscarrock/Spruce Cliff, where you can find newer infills for under 600k (attached).
Killarney will occasionally have small detached infills that were built in the 90's for under 550k; sometimes you can find these in South Calgary/Marda Loop area too. These homes typically have a horrible layout and will look like they need a full reno.
In the north, Renfrew has less expensive property relative to it's location. You can find older homes on less than 50' lots for a decent price. Mayland Heights can offer great buys, but you are a bit farther out. Mix of R1 and R2 lots out there can swing prices. Montgomery is closer and cheaper than Bowness, but it's a total mix bag of what you get and what you're living next to.
Ramsey/Inglewood will on rare occasion have something on the cheap, though the location can be sketchy, but at least it's flat into downtown.
Hope this helps.
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