Photo: Qyd · CC BY-SA 3.0Homes in Aspen Woods are worth 88% more than the median of Alberta’s towns
At the 2021 census the median home was worth $750,000, where Alberta’s towns sit at $400,000. Those values come from owners at the 2021 census and predate the prices of the years since. Statistics Canada doesn’t publish sales in Alberta, so nothing here says what Aspen Woods’s homes actually sold for.
Two ways to price a home in Aspen Woods
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Behind assessed values, values by property type and building permits sits data gathered across the city of Calgary, with Aspen Woods one part of it.
median, owners’ estimate
- Average
- $987K
- Owners
- 2,475
- 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).
Calgary’s detached houses are assessed 88% above the median of 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.
A younger stock than most: 97% of Aspen Woods’s homes went up after 2000 (Alberta’s towns: 24%)
At the 2021 census, 77% of Aspen Woods’s 2,995 occupied homes were single-detached houses. 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
| Aspen Woods | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 25% | 15% | 8% |
| Needing major repairs | 1% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 3% | 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.
Calgary permitted 26.6 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Building permits added 77,275 homes in Calgary between 2018 and 2023: some 12,879 a year. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns. Aspen Woods doesn’t get its own monthly permits figures; the ones here come from the Calgary metro area.
Most in 2023: 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
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.
Aspen Woods against Alberta’s towns: 88% over the $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 Aspen Woods: West Springs, Strathcona Park and Coach Hill
Next to Aspen Woods: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Aspen Woods | $750K | $987K | 83% | |
| West Springs | $670K | $745K | 88% | 1.2 |
| Strathcona Park | $650K | $669K | 90% | 1.7 |
| Springbank Hill | $900K | $908K | 84% | 2.3 |
| Coach Hill | $452K | $496K | 83% | 2.4 |
| Patterson | $576K | $574K | 72% | 2.8 |
| Cougar Ridge | $580K | $617K | 88% | 3.1 |
Census 2021 values; km.
Questions about property prices in Aspen Woods
How many households in Aspen Woods are in core housing need?
Statistics Canada puts 3% of Aspen Woods’s households in core housing need, a smaller share than the 8% of Alberta’s towns.
Is Aspen Woods expensive for Alberta?
Yes: Aspen Woods’s census median is above 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).