Guest, Sign inJoin
C+Cost of living Grade
Property prices in Silverado · Census 2021 and Statistics Canada

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.

Median home value
$428K
owners’ estimate, census 2021
average $490K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
2,815
census 2021
89% of households
What homes are worth

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.

Census 2021$428K

median, owners’ estimate

Average
$490K
Owners
2,815
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).

By type of home

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%.

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

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.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 1961under 1%
1961–1980under 1%
1981–20001%
2001–201569%
2016–202129%
What kind of home

Homes by kind

Single-detached houses73%
Semi-detached houses8%
Row houses13%
Flats in a duplex1%
Apartments, under 5 storeys4%
Against the median town of the province and of Canada
SilveradoAlbertaCanada
Condominiums18%15%8%
Needing major repairs1%5%6%
Too small for the household4%4%3%
Households in core housing need4%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. 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.

Permits by year, 2018–2023

Most in 2023: 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

26,142 new homes in the 12 months to August 2026, about as many as the year before

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

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.

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 Silverado: Bridlewood

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

SomersetShawnessyWaldenBridlewoodSundanceChaparralSomersetShawnessyWaldenBridlewoodSundanceChaparralSilverado
Prices next door
TownMedian home valueAverageOwnerskm
Silverado$428K$490K89%
Somerset$428K$391K76%2.3
Shawnessy$420K$415K83%3.1
Walden$428K$440K83%3.1
Bridlewood$400K$392K82%3.3
Sundance$500K$537K89%3.5
Chaparral$500K$511K91%3.5

Census 2021 values; km.

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).