Photo: Annette Teng · CC BY 3.0Owners in Bighorn No. 8 value their homes at 2 times the median of Alberta’s towns
In figures: $800,000 for the median home in 2021, $400,000 for the middle of Alberta’s towns. Statistics Canada doesn’t publish sales in Alberta, so nothing here says what Bighorn No. 8’s homes actually sold for. Assessors valued the median residential property at $734,000 for 2024.
What Bighorn No. 8’s homes are worth, two ways
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $812K
- Owners
- 495
- Alberta’s towns
- $400K
- The typical Canadian town
- $406K
all residential
- Alberta’s towns
- $297K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Bighorn No. 8’s detached houses are assessed at 2.4 times the median of Alberta’s towns
The 2024 assessment roll counts 895 homes in Bighorn No. 8, detached houses 78% of them.
Median assessment by type, 2024 the tick is the median of Alberta’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Alberta’s towns with their own figure; assessments compare within a province only.
Core housing need: 15% of Bighorn No. 8’s households, where Alberta’s towns sit at 8%
640 occupied homes stood in Bighorn No. 8 in 2021, and single-detached houses made up 79% of them. At least half predate 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Bighorn No. 8 | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 12% | 15% | 8% |
| Needing major repairs | 7% | 5% | 6% |
| Too small for the household | under 1% | 4% | 3% |
| Households in core housing need | 15% | 8% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building ahead of Alberta’s towns: 47.5 new homes a year per 1,000 in Bighorn No. 8, against 7.5
Building permits added 166 homes in Bighorn No. 8 between 2018 and 2023: some 28 a year. Single-unit buildings took 28%, the rest buildings of two or more, against 69% for Alberta’s towns.
A peak in 2022: 104 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Bighorn No. 8 is dearer than most of Alberta’s towns: 100% above their $400,000 median
The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Bighorn No. 8: Banff and Cochrane
The places around Bighorn No. 8 at the 2021 census: median and average value, and how many own. Distances here run 12–50 km: that is how far the nearest places with figures are from Bighorn No. 8.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Bighorn No. 8 | $800K | $812K | 82% | |
| Canmore | $850K | $943K | 66% | 12.4 |
| Banff | $725K | $812K | 42% | 31.1 |
| Cochrane | $448K | $467K | 84% | 49.7 |
Census 2021 values; km.
Questions about property prices in Bighorn No. 8
Is Bighorn No. 8 expensive for Alberta?
Dearer than the middle: Alberta’s towns come to $400,000, Bighorn No. 8 to more.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).