Guest, Sign inJoin
Sue Higgins Park Calgary Alberta walk round July 26th 2015 (19410049493)Photo: Thank you for visiting my page from Canada · CC BY 2.0
CCost of living Grade
Property prices in Riverbend · Census 2021 and Statistics Canada

Owners put the median home in Riverbend at $448,000

That figure comes from 3,120 owner households at the 2021 census. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up. No open sale prices are published in Alberta, so for Riverbend the census value is the measure.

Median home value
$448K
owners’ estimate, census 2021
average $448K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
3,120
census 2021
89% of households
What homes are worth

Riverbend’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.

Census 2021$448K

median, owners’ estimate

Average
$448K
Owners
3,120
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). · Measured across the city of Calgary: assessed values, values by property type and building permits

By type of home

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%.

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

A town of houses: 93% of the homes in Riverbend stand alone (Alberta’s towns: 64%)

At the 2021 census, Riverbend had 3,510 homes with someone living in them. Half went up before 2001. 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 1961under 1%
1961–19807%
1981–200090%
2001–2015under 1%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses93%
Semi-detached houses2%
Row houses3%
Flats in a duplex1%
Apartments, under 5 storeysunder 1%
Movable dwellings1%
Against the median town of the province and of Canada
RiverbendAlbertaCanada
Condominiums5%15%8%
Needing major repairs6%5%6%
Too small for the household3%4%3%
Households in core housing need5%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

From 2018 to 2023, permits in Calgary created 77,275 homes, about 12,879 a year. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns. Riverbend doesn’t get its own monthly permits figures; the ones here come from the Calgary metro area.

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

Level with the year before: 26,142 new homes 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.

Across Alberta

Riverbend is 12% above the $400,000 median of Alberta’s towns

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 Riverbend: Ogden and Queensland

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

OgdenWillow ParkAcadiaDouglasdale/GlenFairviewQueenslandOgdenWillow ParkAcadiaDouglasdale/GlenFairviewQueenslandRiverbend
Prices next door
TownMedian home valueAverageOwnerskm
Riverbend$448K$448K89%
Ogden$348K$348K60%1.6
Willow Park$552K$612K83%2.8
Acadia$452K$428K55%2.8
Douglasdale/Glen$500K$521K87%3.3
Fairview$448K$453K62%3.3
Queensland$400K$404K81%4

Census 2021 values; km.

Questions about property prices in Riverbend

How many households in Riverbend are in core housing need?

Below the norm for Alberta’s towns (8%): 5% in Riverbend, counting the households whose home falls short on cost, size or repair.

Is Riverbend expensive for Alberta?

Yes: Riverbend’s census median is above 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).