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Property prices in Garrison Woods · Census 2021 and Statistics Canada

A newly built town: 55% of the homes in Garrison Woods date from 2001 or later (Alberta’s towns: 24%)

Going by owners’ own estimates in 2021, the typical home is worth $600,000, the average one $631,361. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Garrison Woods. On the 2024 assessment, the middle residential property is valued at $525,000. Garrison Woods doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Calgary.

Median home value
$600K
owners’ estimate, census 2021
average $631K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
1,040
census 2021
77% of households
What homes are worth

Two ways to price a home in Garrison Woods

Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. These home values were given by owners themselves, in a census taken in May 2021.

Census 2021$600K

median, owners’ estimate

Average
$631K
Owners
1,040
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

On the assessment roll, Calgary’s houses sit 88% above Alberta’s towns

The 2024 assessment roll counts 483,605 homes in Calgary: detached houses make 62% of them, condos 18%.

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

47% of Garrison Woods’s homes are condos, where Alberta’s towns have 15%

The 2021 census counted 1,345 occupied homes in Garrison Woods; 31% of them are single-detached houses. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

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

Before 196111%
1961–19807%
1981–200026%
2001–201553%
2016–20212%
What kind of home

Homes by kind

Single-detached houses31%
Semi-detached houses17%
Row houses22%
Flats in a duplex2%
Apartments, under 5 storeys27%
Apartments, 5+ storeys1%
Against the median town of the province and of Canada
Garrison WoodsAlbertaCanada
Condominiums47%15%8%
Needing major repairs2%5%6%
Too small for the household1%4%3%
Households in core housing need4%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

26.6 new homes a year per 1,000 in Calgary: more than Alberta’s towns (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.

Permits by year, 2018–2023

Most in 2023: 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

The monthly permits numbers here cover the Calgary metro area

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.

Across Alberta

Garrison Woods against Alberta’s towns: 50% over the $400,000 median

478 of Alberta’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Lower values near Garrison Woods: Bankview

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

AltadoreRichmondSouth CalgaryCurrie BarracksKillarney/GlengarryBankviewAltadoreRichmondSouth CalgaryCurrie BarracksKillarney/GlengarryBankviewGarrison Woods
Prices next door
TownMedian home valueAverageOwnerskm
Garrison Woods$600K$631K77%
Altadore$860K$940K70%0.7
Richmond$690K$660K62%1.3
South Calgary$700K$729K51%1.4
Currie Barracks$628K$601K49%1.5
Killarney/Glengarry$650K$607K60%2
Bankview$348K$472K31%2.2

Census 2021 values; km.

Questions about property prices in Garrison Woods

How many households in Garrison Woods are in core housing need?

4% of Garrison Woods’s households, under the 8% of Alberta’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.

Is Garrison Woods expensive for Alberta?

On census values, Garrison Woods 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).