Homes in Cedarbrae are worth a median $372,000
That figure comes from 1,880 owner households at the 2021 census. What homes sold for in Cedarbrae isn’t public: no sale figures are released in Alberta. For 2024, the median assessed value of a residential property is $525,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Calgary, Cedarbrae included.
Cedarbrae’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. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.
median, owners’ estimate
- Average
- $384K
- Owners
- 1,880
- 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
In 2024, Calgary had 483,605 residential properties on the roll, detached houses 62% of them and 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.
20% of Cedarbrae’s homes are condos, where Alberta’s towns have 15%
2,550 occupied homes stood in Cedarbrae in 2021, and single-detached houses made up 52% of them. The older half dates from before 1981. 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
| Cedarbrae | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 20% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 8% | 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.
Building ahead of Alberta’s towns: 26.6 new homes a year per 1,000 in Calgary, against 7.5
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. Cedarbrae doesn’t get its own monthly permits figures; the ones here come from the Calgary metro area.
The busiest year: 2023, with 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.
Cedarbrae sits near the middle of Alberta’s towns ($400,000)
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.
Cedarbrae’s neighbours by home value
The places around Cedarbrae at the 2021 census: median and average value, and how many own.
Questions about property prices in Cedarbrae
Is Cedarbrae expensive for Alberta?
Neither more nor less: Alberta’s towns have a median of $400,000, and Cedarbrae is near it.
How many households in Cedarbrae are in core housing need?
About as many as elsewhere: 8% of households in Cedarbrae, where Alberta’s towns sit at 8%.
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).