A preparation method of the microcapsules for low-temperature well cementation to be used to control cement hydration heat includes: (S1) a shell material, and added into deionized water, then the resultant mixture being stirred in a thermostat water bath so as to completely dissolve it into a homogeneous and stable shell material solution; (S2) a core material and an emulsifier being put into a three-necked flask and stirred in a thermostat water bath so as to uniformly emulsify and disperse them, forming a stable oil-in-water core material emulsion, while adjusting the pH value of the emulsion with a pH adjuster; (S3) the three-necked flask containing the core material emulsion being transferred to a water bath, and then the shell material solution being dropwise added into it with stirring, after reacting, a solid-liquid mixture being poured out so as to naturally cool it to room temperature.