98% of Silverado’s homes have been built since 2001, against 24% for Alberta’s towns
A median of $428,000 and a mean of $489,935: that is how owners valued their homes in 2021. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Silverado. 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, Silverado included.
Two ways to price a home in Silverado
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. No sale stands behind these values: owners named them at the census of May 2021.
median, owners’ estimate
- Average
- $490K
- Owners
- 2,815
- 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.
How Silverado’s homes break down, by age and kind
At the 2021 census, 73% of Silverado’s 3,170 occupied homes were single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Silverado | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 18% | 15% | 8% |
| Needing major repairs | 1% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 4% | 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.
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. Single-unit buildings took 26%, the rest buildings of two or more, against 69% for Alberta’s towns. Nobody publishes monthly permits for Silverado alone, so this card uses the figure for 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.
Silverado sits close to 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Silverado: Bridlewood
The places around Silverado at the 2021 census: median and average value, and how many own.
Questions about property prices in Silverado
How many households in Silverado are in core housing need?
4% of Silverado’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 Silverado expensive for Alberta?
Neither more nor less: Alberta’s towns have a median of $400,000, and Silverado is near it.
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).