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Property prices in Bankview · Census 2021 and Statistics Canada

In Bankview, the average home is worth 36% more than the median one

By the 2021 census, half of owned homes were worth more than $348,000; the average was $471,547. Statistics Canada doesn’t publish sales in Alberta, so nothing here says what Bankview’s homes actually sold for. Assessors valued the median residential property at $525,000 for 2024. For assessed values, values by property type and building permits, the only official count covers all of the city of Calgary, Bankview included.

Median home value
$348K
owners’ estimate, census 2021
average $472K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
1,015
census 2021
31% of households
What homes are worth

Bankview’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. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.

Census 2021$348K

median, owners’ estimate

Average
$472K
Owners
1,015
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$525K

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).

By type of home

Houses in Calgary carry assessments 88% over the middle of Alberta’s towns

The 2024 assessment roll counts 483,605 homes in Calgary: detached houses make 62% of them, condos 18%.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$620K
Semi-detached$490K
Row houses$361K
Condos$244K
Multi-unit properties$835K
The mix of properties
Detached houses62%
Condos18%
Row houses11%
Semi-detached8%
Multi-unit properties1%
2,340 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)
818 sq ft
living area of the median condo

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.

The homes

More apartments than most: 76% of the homes in Bankview (Alberta’s towns: 14%)

Bankview had 3,415 occupied homes at the 2021 census. At least half predate 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 196121%
1961–198041%
1981–200021%
2001–201512%
2016–20214%
What kind of home

Homes by kind

Single-detached houses11%
Semi-detached houses2%
Row houses3%
Flats in a duplex7%
Apartments, under 5 storeys68%
Apartments, 5+ storeys8%
Against the median town of the province and of Canada
BankviewAlbertaCanada
Condominiums37%15%8%
Needing major repairs6%5%6%
Too small for the household5%4%3%
Households in core housing need21%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.

New homes

26.6 new homes a year per 1,000 in Calgary: more than Alberta’s towns (7.5)

Calgary issued permits for 77,275 new homes from 2018 to 2023, or about 12,879 a year. 26% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns.

Permits by year, 2018–2023

Most in 2023: 18,187 new homes

Single-unit buildingsTwo or more units
05,00010,00015,00020,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Calgary26.6
Alberta’s towns7.5
The typical Canadian town13.8
$2,971M
of new residential construction a year, 2019–2023
The metro area

26,142 new homes in the 12 months to August 2026, about as many as the year before

010,00020,00030,00020212022202320242025

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.

Across Alberta

Bankview against Alberta’s towns: 13% under the $400,000 median

The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.

Cheaper next to Bankview: Beltline

Next to Bankview: 2021 census values and the share of owners.

South CalgarySunaltaLower Mount RoyalUpper Mount RoyalRichmondBeltlineSouth CalgarySunaltaLower Mount RoyalUpper Mount RoyalRichmondBeltlineBankview
Prices next door
TownMedian home valueAverageOwnerskm
Bankview$348K$472K31%
South Calgary$700K$729K51%0.7
Sunalta$532K$662K34%0.8
Lower Mount Royal$348K$420K29%0.9
Upper Mount Royal$1.3M$1.75M73%0.9
Richmond$690K$660K62%1.2
Beltline$324K$354K26%1.7

Census 2021 values; km.

Questions about property prices in Bankview

How many households in Bankview are in core housing need?

More than most: 21% of households in Bankview, where Alberta’s towns sit at 8%.

Is Bankview expensive for Alberta?

No: Bankview’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).