Photo: Dwayne Reilander · CC BY-SA 4.0In Bowness, 17% of households can’t afford a home that is big enough and in good repair (Alberta’s towns: 8%)
Owners valued the median home at $400,000 at the 2021 census, and the average at $378,703. These home values were given by owners themselves, in a census taken in May 2021. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Bowness.
What Bowness’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.
median, owners’ estimate
- Average
- $379K
- Owners
- 2,945
- 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). · Source area for assessed values, values by property type and building permits: the city of Calgary
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.
The homes of Bowness, by period and type
5,435 occupied homes stood in Bowness in 2021, and single-detached houses made up 36% of them. Half or more were standing by 1980. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Bowness | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 14% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 17% | 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.
Most in 2023: 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. · Data for monthly permits covers the Calgary metro area
Bowness sits close to the $400,000 median of Alberta’s towns
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.
Home values around Bowness
Next to Bowness: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Bowness | $400K | $379K | 54% | |
| Silver Springs | $520K | $546K | 83% | 2.1 |
| Cougar Ridge | $580K | $617K | 88% | 2.2 |
| Varsity | $600K | $648K | 63% | 2.8 |
| Montgomery | $500K | $551K | 63% | 2.8 |
| Coach Hill | $452K | $496K | 83% | 3.2 |
| Dalhousie | $528K | $492K | 64% | 3.5 |
Census 2021 values; km.
Questions about property prices in Bowness
Is Bowness expensive for Alberta?
Neither more nor less: Alberta’s towns have a median of $400,000, and Bowness is near it.
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).