Owners in Falconridge value their homes 23% below the median of Alberta’s towns
Owners valued the median home at $310,000 in 2021, where the median of Alberta’s towns was $400,000. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Falconridge. On the 2024 assessment, the middle residential property is valued at $525,000. Falconridge shares its assessed values, values by property type and building permits numbers with the rest of the city of Calgary.
Two ways to price a home in Falconridge
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $306K
- Owners
- 1,990
- 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
The 2024 assessment roll counts 483,605 homes in Calgary: detached houses make 62% of them, 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.
11% of Falconridge’s households are in core housing need, against 8% for Alberta’s towns
Of the 3,215 homes people lived in across Falconridge at the 2021 census, 49% were single-detached houses. Half went up before 2001. 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
| Falconridge | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 16% | 15% | 8% |
| Needing major repairs | 7% | 5% | 6% |
| Too small for the household | 12% | 4% | 3% |
| Households in core housing need | 11% | 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
Calgary issued permits for 77,275 new homes from 2018 to 2023, or 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 Falconridge 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.
Falconridge is 23% below the $400,000 median of Alberta’s towns
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.
Home values around Falconridge
Next to Falconridge: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Falconridge | $310K | $306K | 63% | |
| Coral Springs | $500K | $498K | 89% | 0.9 |
| Castleridge | $332K | $354K | 68% | 1.3 |
| Temple | $348K | $352K | 75% | 1.7 |
| Martindale | $348K | $367K | 78% | 2 |
| Taradale | $400K | $404K | 75% | 2.2 |
| Monterey Park | $380K | $383K | 82% | 2.3 |
Census 2021 values; km.
Questions about property prices in Falconridge
Is Falconridge expensive for Alberta?
Below the norm for Alberta’s towns, whose median home is worth $400,000; Falconridge’s is worth less.
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).