Photo: LittleT889 · CC0Scenic Acres sits 37% above Alberta’s towns on home values
In figures: $548,000 for the median home in 2021, $400,000 for the middle of Alberta’s towns. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Scenic Acres. On the 2024 assessment, the middle residential property is valued at $525,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Calgary, Scenic Acres included.
Scenic Acres’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. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $575K
- Owners
- 2,695
- 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).
Calgary’s detached houses are assessed 88% above the median of 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.
Single-detached houses are 90% of Scenic Acres’s homes, against 64% for Alberta’s towns
People lived in 2,935 homes in Scenic Acres at the 2021 census. Half or more were standing by 2000. 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
| Scenic Acres | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 8% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 1% | 4% | 3% |
| Households in core housing need | 3% | 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.
Calgary permitted 26.6 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Calgary issued permits for 77,275 new homes from 2018 to 2023, or about 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
Level with the year before: 26,142 new homes to August 2026
Measured across the Calgary metro area: monthly permits
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.
Scenic Acres is 37% above 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.
Lower values near Scenic Acres: Arbour Lake, Ranchlands and Silver Springs
The places around Scenic Acres at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Scenic Acres | $548K | $575K | 92% | |
| Arbour Lake | $500K | $480K | 86% | 2 |
| Ranchlands | $400K | $401K | 67% | 2.1 |
| Tuscany | $552K | $569K | 89% | 2.2 |
| Silver Springs | $520K | $546K | 83% | 2.2 |
| Royal Oak | $544K | $524K | 83% | 3 |
| Hawkwood | $524K | $521K | 92% | 3.3 |
Census 2021 values; km.
Questions about property prices in Scenic Acres
How many households in Scenic Acres are in core housing need?
Below the norm for Alberta’s towns (8%): 3% in Scenic Acres, counting the households whose home falls short on cost, size or repair.
Is Scenic Acres expensive for Alberta?
Yes: Scenic Acres’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).