Photo: dave_7 from Lethbridge, Canada · CC BY-SA 2.0Before 1961 is when 38% of Capitol Hill’s homes went up, beside 5% for Alberta’s towns
Asked in 2021, owners gave a median value of $604,000; averaged, their homes came to $658,331. What homes sold for in Capitol Hill isn’t public: no sale figures are released in Alberta. On the 2024 assessment, the middle residential property is valued at $525,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Calgary, Capitol Hill included.
What Capitol Hill’s homes are worth, two ways
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $658K
- Owners
- 1,330
- 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).
On the assessment roll, Calgary’s houses sit 88% above 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.
14% of Capitol Hill’s households are in core housing need, against 8% for Alberta’s towns
2,720 occupied homes stood in Capitol Hill in 2021, and single-detached houses made up 31% of them. 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
| Capitol Hill | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 9% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 14% | 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
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.
Most in 2023: 18,187 new homes
New homes a year per 1,000 homes
Level with the year before: 26,142 new homes to August 2026
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.
Capitol Hill is dearer than most of Alberta’s towns: 51% above their $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 Capitol Hill: Sunnyside
Next to Capitol Hill: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Capitol Hill | $604K | $658K | 49% | |
| Banff Trail | $650K | $682K | 42% | 0.9 |
| Rosedale | $900K | $1.06M | 63% | 1.7 |
| Mount Pleasant | $650K | $662K | 61% | 1.7 |
| Hillhurst | $750K | $796K | 56% | 1.9 |
| Charleswood | $600K | $709K | 75% | 2 |
| Sunnyside | $572K | $580K | 29% | 2.2 |
Census 2021 values; km.
Questions about property prices in Capitol Hill
Is Capitol Hill expensive for Alberta?
On census values, Capitol Hill ranks among the dearer of Alberta’s towns (median $400,000).
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).