Home values in Penbrooke Meadows run 38% lower than the median of Alberta’s towns
Owners valued the median home at $250,000 in 2021, where the median of Alberta’s towns was $400,000. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Penbrooke Meadows.
Penbrooke Meadows’s homes, by two sources
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Penbrooke Meadows shares its assessed values, values by property type and building permits numbers with the rest of the city of Calgary.
median, owners’ estimate
- Average
- $247K
- Owners
- 2,475
- 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).
Houses in Calgary carry assessments 88% over the middle of Alberta’s towns
In 2024, Calgary had 483,605 residential properties on the roll, detached houses 62% of them and 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.
Core housing need: 17% of Penbrooke Meadows’s households, where Alberta’s towns sit at 8%
Penbrooke Meadows had 3,925 occupied homes at the 2021 census, 35% of them single-detached houses. At least half predate 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Penbrooke Meadows | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 25% | 15% | 8% |
| Needing major repairs | 10% | 5% | 6% |
| Too small for the household | 8% | 4% | 3% |
| Households in core housing need | 17% | 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)
Some 12,879 homes a year: 77,275 in all were permitted in Calgary from 2018 to 2023. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns. Penbrooke Meadows doesn’t get its own monthly permits figures; the ones here come from the Calgary metro area.
Most 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.
Penbrooke Meadows is 38% 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.
Penbrooke Meadows’s neighbours by home value
The places around Penbrooke Meadows at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Penbrooke Meadows | $250K | $247K | 64% | |
| Applewood Park | $352K | $359K | 61% | 1.2 |
| Forest Heights | $298K | $290K | 66% | 1.7 |
| Marlborough Park | $348K | $327K | 75% | 2 |
| Forest Lawn | $320K | $323K | 32% | 2 |
| Abbeydale | $300K | $277K | 77% | 2.1 |
| Marlborough | $348K | $355K | 65% | 2.5 |
Census 2021 values; km.
Questions about property prices in Penbrooke Meadows
Is Penbrooke Meadows expensive for Alberta?
No: Penbrooke Meadows’s census median is below 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).