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DCost of living Grade
Property prices in Woodlands · Census 2021 and Statistics Canada

Woodlands sits 25% above Alberta’s towns on home values

Owners put the median home at $500,000 at the 2021 census; for Alberta’s towns the median is $400,000. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Woodlands.

Median home value
$500K
owners’ estimate, census 2021
average $506K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
1,560
census 2021
72% of households
What homes are worth

What Woodlands’s homes are worth, two ways

Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders.

Census 2021$500K

median, owners’ estimate

Average
$506K
Owners
1,560
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

Houses in Calgary carry assessments 88% over the middle of 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

The homes of Woodlands, by period and type

The 2021 census counted 2,130 occupied homes in Woodlands; 68% of them are single-detached houses. Half or more were standing by 1980. 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 19611%
1961–198055%
1981–200041%
2001–2015under 1%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses68%
Semi-detached houses4%
Row houses19%
Apartments, under 5 storeys8%
Against the median town of the province and of Canada
WoodlandsAlbertaCanada
Condominiums12%15%8%
Needing major repairs5%5%6%
Too small for the household2%4%3%
Households in core housing need7%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

Calgary permitted 26.6 new homes a year per 1,000, above the 7.5 of Alberta’s towns

Building permits added 77,275 homes in Calgary between 2018 and 2023: some 12,879 a year. About 26% went into single-unit buildings, where Alberta’s towns built 69%.

Permits by year, 2018–2023

A peak 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

Steady: 26,142 new homes in the year to August 2026

010,00020,00030,00020212022202320242025

Monthly permits for the Calgary metro area

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

Woodlands against Alberta’s towns: 25% over the $400,000 median

478 of Alberta’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Woodlands: Braeside, Cedarbrae and Southwood

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

WoodbineBraesideCedarbraeSouthwoodCanyon MeadowsPalliserWoodbineBraesideCedarbraeSouthwoodCanyon MeadowsPalliserWoodlands
Prices next door
TownMedian home valueAverageOwnerskm
Woodlands$500K$506K72%
Woodbine$480K$474K90%1.3
Braeside$400K$388K76%1.3
Cedarbrae$372K$384K74%1.8
Southwood$448K$420K56%2.2
Canyon Meadows$456K$481K80%2.3
Palliser$576K$654K61%2.6

Census 2021 values; km.

Questions about property prices in Woodlands

Is Woodlands expensive for Alberta?

More than most: Alberta’s towns have a median of $400,000, and Woodlands sits above it.

How many households in Woodlands are in core housing need?

In line with Alberta’s towns (8%): 7% in Woodlands, counting the households whose home falls short on cost, size or repair.

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).