Apartments make up 32% of the homes in Applewood Park, where Alberta’s towns have 14%
The middle home was worth $352,000 at the 2021 census, the average $359,421. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Applewood Park.
Two ways to price a home in Applewood Park
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $359K
- Owners
- 1,425
- 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). · Assessed values, values by property type and building permits: the city of Calgary
On the assessment roll, Calgary’s houses sit 88% above Alberta’s towns
The 2024 assessment roll counts 483,605 homes in Calgary: detached houses make 62% of them, condos 18%.
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.
Condominiums are 35% of Applewood Park’s homes, against 15% for Alberta’s towns
The 2021 census counted 2,310 occupied homes in Applewood Park. The older half dates from before 2001. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Applewood Park | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 35% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 10% | 4% | 3% |
| Households in core housing need | 13% | 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.
26.6 new homes a year per 1,000 in Calgary: more than Alberta’s towns (7.5)
From 2018 to 2023, permits in Calgary created 77,275 homes, about 12,879 a year. Single-unit buildings took 26%, the rest buildings of two or more, against 69% for Alberta’s towns.
The busiest year: 2023, with 18,187 new homes
New homes a year per 1,000 homes
26,142 new homes in the 12 months to August 2026, about as many as the year before
Measured across the Calgary metro area: monthly permits
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.
Applewood Park is 12% below the $400,000 median of Alberta’s towns
478 of Alberta’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Applewood Park: Penbrooke Meadows, Abbeydale and Forest Heights
Next to Applewood Park: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Applewood Park | $352K | $359K | 61% | |
| Penbrooke Meadows | $250K | $247K | 64% | 1.2 |
| Abbeydale | $300K | $277K | 77% | 1.4 |
| Marlborough Park | $348K | $327K | 75% | 2.2 |
| Forest Heights | $298K | $290K | 66% | 2.8 |
| Forest Lawn | $320K | $323K | 32% | 3.2 |
| Marlborough | $348K | $355K | 65% | 3.3 |
Census 2021 values; km.
Questions about property prices in Applewood Park
How many households in Applewood Park are in core housing need?
13% of Applewood Park’s households, above the 8% of Alberta’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Is Applewood Park expensive for Alberta?
No: Applewood Park’s census median is below the $400,000 of Alberta’s towns.
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).