Photo: Qyd · CC BY 2.5Arbour Lake sits 25% above Alberta’s towns on home values
At the 2021 census the median home was worth $500,000, where Alberta’s towns sit at $400,000. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Arbour Lake.
Arbour Lake’s homes, by two sources
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Nobody publishes assessed values, values by property type and building permits for Arbour Lake alone, so this card uses the figure for the city of Calgary.
median, owners’ estimate
- Average
- $480K
- Owners
- 3,295
- 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).
A detached house in Calgary is assessed 88% higher than across Alberta’s towns
Detached houses account for 62% of the 483,605 properties on Calgary’s 2024 roll; condos for 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.
How Arbour Lake’s homes break down, by age and kind
Of the 3,840 homes people lived in across Arbour Lake at the 2021 census, 77% were single-detached houses. Half went up 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
| Arbour Lake | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 19% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 6% | 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.
Permits in Calgary ran at 26.6 homes a year per 1,000, where Alberta’s towns ran at 7.5
Over 2018–2023, 77,275 homes were permitted in Calgary, close to 12,879 each 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
Steady: 26,142 new homes in the year to August 2026
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. · Monthly permits: the Calgary metro area
Arbour Lake is 25% above 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 Arbour Lake: Citadel and Ranchlands
Next to Arbour Lake: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Arbour Lake | $500K | $480K | 86% | |
| Citadel | $448K | $445K | 87% | 1.9 |
| Royal Oak | $544K | $524K | 83% | 1.9 |
| Scenic Acres | $548K | $575K | 92% | 2 |
| Ranchlands | $400K | $401K | 67% | 2.2 |
| Hawkwood | $524K | $521K | 92% | 2.3 |
| Silver Springs | $520K | $546K | 83% | 3.3 |
Census 2021 values; km.
Questions about property prices in Arbour Lake
How many households in Arbour Lake are in core housing need?
Fewer than most: 6% of households in Arbour Lake, where Alberta’s towns sit at 8%.
Is Arbour Lake expensive for Alberta?
Above the norm for Alberta’s towns, whose median home is worth $400,000; Arbour Lake’s is worth 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).