Photo: Michael from Calgary, AB, Canada · CC BY 2.0Since 2001, Cougar Ridge has built 95% of the homes it has today; Alberta’s towns, 24%
The 2021 census put the median home at $580,000, with an average of $617,089. No open sale prices are published in Alberta, so for Cougar Ridge the census value is the measure. 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, Cougar Ridge included.
Cougar Ridge’s homes, by two sources
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $617K
- Owners
- 2,020
- 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).
A detached house in Calgary is assessed 88% higher than across 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.
Cougar Ridge’s homes: when they went up and what they are
2,305 occupied homes stood in Cougar Ridge in 2021, and single-detached houses made up 85% of them. 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
| Cougar Ridge | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 12% | 15% | 8% |
| Needing major repairs | 1% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 1% | 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. Behind monthly permits sits data gathered across the Calgary metro area, with Cougar Ridge one part of it.
A peak in 2023: 18,187 new homes
New homes a year per 1,000 homes
26,142 new homes in the 12 months to August 2026, about as many as the year before
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.
Cougar Ridge is 45% above 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.
Cheaper next to Cougar Ridge: Bowness and Coach Hill
Next to Cougar Ridge: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cougar Ridge | $580K | $617K | 88% | |
| West Springs | $670K | $745K | 88% | 2.1 |
| Bowness | $400K | $379K | 54% | 2.2 |
| Coach Hill | $452K | $496K | 83% | 2.7 |
| Aspen Woods | $750K | $987K | 83% | 3.1 |
| Patterson | $576K | $574K | 72% | 3.4 |
| Strathcona Park | $650K | $669K | 90% | 3.5 |
Census 2021 values; km.
Questions about property prices in Cougar Ridge
How many households in Cougar Ridge are in core housing need?
In Cougar Ridge, 1% of households are in core housing need, against 8% for Alberta’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Is Cougar Ridge expensive for Alberta?
Dearer than the middle: Alberta’s towns come to $400,000, Cougar Ridge to 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).