17% of households in Balwin are in core housing need, against 8% for Alberta’s towns
Owners valued the median home at $314,000 at the 2021 census, and the average at $299,354. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Balwin. Assessors valued the median residential property at $360,000 for 2024. Behind assessed values, values by property type and building permits sits data gathered across the city of Edmonton, with Balwin one part of it.
Balwin’s homes, by two sources
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $299K
- Owners
- 945
- 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).
On the assessment roll, Edmonton’s houses sit 30% above Alberta’s towns
In 2024, Edmonton had 347,170 residential properties on the roll, detached houses 61% 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.
The homes of Balwin, by period and type
Balwin had 1,640 occupied homes at the 2021 census, 58% of them single-detached houses. At least half predate 1981. 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
| Balwin | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 10% | 15% | 8% |
| Needing major repairs | 9% | 5% | 6% |
| Too small for the household | 11% | 4% | 3% |
| Households in core housing need | 17% | 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.
Building ahead of Alberta’s towns: 26 new homes a year per 1,000 in Edmonton, against 7.5
From 2018 to 2023, permits in Edmonton created 61,232 homes, about 10,205 a year. Single-unit buildings took 32%, the rest buildings of two or more, against 69% for Alberta’s towns. Nobody publishes monthly permits for Balwin alone, so this card uses the figure for the Edmonton metro area.
The busiest year: 2022, with 12,256 new homes
New homes a year per 1,000 homes
Slowing: 21,179 new homes in the 12 months to August 2026, 15% fewer
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.
Balwin is 22% below 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 Balwin: Eastwood, Belvedere and Montrose
Next to Balwin: 2021 census values and the share of owners.
Questions about property prices in Balwin
Is Balwin expensive for Alberta?
Below the norm for Alberta’s towns, whose median home is worth $400,000; Balwin’s is worth less.
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).