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Downtown Calgary from Crescent heights (11739653264)Photo: Thank you for visiting my page from Canada · CC BY 2.0
D−Cost of living Grade
Property prices in Crescent Heights · Census 2021 and Statistics Canada

An old town: 29% of the homes in Crescent Heights predate 1961, where Alberta’s towns have 5%

A median of $552,000 and a mean of $580,162: that is how owners valued their homes in 2021. No open sale prices are published in Alberta, so for Crescent Heights the census value is the measure. 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, Crescent Heights included.

Median home value
$552K
owners’ estimate, census 2021
average $580K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
1,420
census 2021
40% of households
What homes are worth

Two ways to price a home in Crescent Heights

Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.

Census 2021$552K

median, owners’ estimate

Average
$580K
Owners
1,420
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$525K

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).

By type of home

Calgary’s detached houses are assessed 88% above the median of Alberta’s towns

Of Calgary’s 483,605 residential properties on the 2024 roll, 62% are detached houses and 18% are condos.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$620K
Semi-detached$490K
Row houses$361K
Condos$244K
Multi-unit properties$835K
The mix of properties
Detached houses62%
Condos18%
Row houses11%
Semi-detached8%
Multi-unit properties1%
2,340 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)
818 sq ft
living area of the median condo

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

More apartments than most: 63% of the homes in Crescent Heights (Alberta’s towns: 14%)

People lived in 3,540 homes in Crescent Heights at the 2021 census. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 196129%
1961–198034%
1981–200018%
2001–201513%
2016–20216%
What kind of home

Homes by kind

Single-detached houses26%
Semi-detached houses3%
Row houses2%
Flats in a duplex6%
Apartments, under 5 storeys53%
Apartments, 5+ storeys10%
Against the median town of the province and of Canada
Crescent HeightsAlbertaCanada
Condominiums36%15%8%
Needing major repairs7%5%6%
Too small for the household3%4%3%
Households in core housing need16%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.

New homes

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. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns.

Permits by year, 2018–2023

The busiest year: 2023, with 18,187 new homes

Single-unit buildingsTwo or more units
05,00010,00015,00020,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Calgary26.6
Alberta’s towns7.5
The typical Canadian town13.8
$2,971M
of new residential construction a year, 2019–2023
The metro area

Steady: 26,142 new homes in the year to August 2026

010,00020,00030,00020212022202320242025

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. · Not measured by town: monthly permits (the Calgary metro area)

Across Alberta

Crescent Heights is dearer than most of Alberta’s towns: 38% above their $400,000 median

The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Crescent Heights: Bridgeland/Riverside and Downtown East Village

The places around Crescent Heights at the 2021 census: median and average value, and how many own.

RenfrewEau ClaireBridgeland/RiversideSunnysideDowntown East VillageRosedaleRenfrewEau ClaireBridgeland/RiversideSunnysideDowntown East VillageRosedaleCrescent Heights
Prices next door
TownMedian home valueAverageOwnerskm
Crescent Heights$552K$580K40%
Renfrew$552K$575K57%1
Eau Claire$628K$771K45%1.2
Bridgeland/Riverside$448K$514K46%1.4
Sunnyside$572K$580K29%1.4
Downtown East Village$400K$442K26%1.6
Rosedale$900K$1.06M63%1.6

Census 2021 values; km.

Questions about property prices in Crescent Heights

How many households in Crescent Heights are in core housing need?

Above the norm for Alberta’s towns (8%): 16% in Crescent Heights, counting the households whose home falls short on cost, size or repair.

Is Crescent Heights expensive for Alberta?

Dearer than the middle: Alberta’s towns come to $400,000, Crescent Heights 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).