A median $456,000: what owners say homes in Canyon Meadows are worth
Behind it are the answers of 2,190 owners at the 2021 census. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Canyon Meadows. Assessors valued the median residential property at $525,000 for 2024. Canyon Meadows doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Calgary.
Canyon Meadows’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. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $481K
- Owners
- 2,190
- 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).
Houses in Calgary carry assessments 88% over the middle of 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.
28% of Canyon Meadows’s homes are condos, where Alberta’s towns have 15%
Canyon Meadows had 2,765 occupied homes at the 2021 census, 63% of them single-detached houses. At least half predate 1981. 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
| Canyon Meadows | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 28% | 15% | 8% |
| Needing major repairs | 7% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 5% | 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
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. Behind monthly permits sits data gathered across the Calgary metro area, with Canyon Meadows one part of it.
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.
Canyon Meadows against Alberta’s towns: 14% over the $400,000 median
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 Canyon Meadows: Braeside
Next to Canyon Meadows: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Canyon Meadows | $456K | $481K | 80% | |
| Southwood | $448K | $420K | 56% | 1.3 |
| Lake Bonavista | $600K | $710K | 88% | 2.1 |
| Fish Creek Park | $600K | $624K | 86% | 2.2 |
| Woodlands | $500K | $506K | 72% | 2.3 |
| Braeside | $400K | $388K | 76% | 2.4 |
| Willow Park | $552K | $612K | 83% | 2.7 |
Census 2021 values; km.
Questions about property prices in Canyon Meadows
How many households in Canyon Meadows are in core housing need?
Below the norm for Alberta’s towns (8%): 5% in Canyon Meadows, counting the households whose home falls short on cost, size or repair.
Is Canyon Meadows expensive for Alberta?
Above the norm for Alberta’s towns, whose median home is worth $400,000; Canyon Meadows’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).