Photo: Calgary Reviews from Calgary, Canada · CC BY 2.0Since 2001, McKenzie Towne has built 77% of the homes it has today; Alberta’s towns, 24%
A median of $376,000 and a mean of $400,872: that is how owners valued their homes in 2021. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. No open sale prices are published in Alberta, so for McKenzie Towne the census value is the measure.
McKenzie Towne’s homes, by two sources
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. McKenzie Towne 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, owners’ estimate
- Average
- $401K
- Owners
- 5,410
- 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
Assessors listed 483,605 residential properties in Calgary for 2024, 62% of them detached houses and 18% condos.
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.
More condos than most: 35% of the homes in McKenzie Towne (Alberta’s towns: 15%)
McKenzie Towne had 6,940 occupied homes at the 2021 census, 52% of them single-detached houses. 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
| McKenzie Towne | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 35% | 15% | 8% |
| Needing major repairs | 2% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 6% | 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.
26.6 new homes a year per 1,000 in Calgary: more than Alberta’s towns (7.5)
Building permits added 77,275 homes in Calgary between 2018 and 2023: some 12,879 a year. 26% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns.
A peak in 2023: 18,187 new homes
New homes a year per 1,000 homes
Steady: 26,142 new homes in the year to August 2026
Source area for monthly permits: 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.
McKenzie Towne sits near the middle of Alberta’s towns ($400,000)
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.
McKenzie Towne’s neighbours by home value
Next to McKenzie Towne: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| McKenzie Towne | $376K | $401K | 78% | |
| New Brighton | $492K | $439K | 86% | 1.2 |
| McKenzie Lake | $536K | $540K | 90% | 1.5 |
| Copperfield | $400K | $393K | 80% | 2.4 |
| Auburn Bay | $448K | $540K | 75% | 2.7 |
| Deer Run | $400K | $427K | 85% | 3.2 |
| Mahogany | $520K | $562K | 76% | 3.6 |
Census 2021 values; km.
Questions about property prices in McKenzie Towne
How many households in McKenzie Towne are in core housing need?
In McKenzie Towne, 6% 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 McKenzie Towne expensive for Alberta?
About average: McKenzie Towne’s census median is close to the $400,000 of Alberta’s towns.
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).