Photo: Kiyoteru Awaji · CC BY 4.0A home in Belvedere is worth 43% less than the middle of Alberta’s towns
Owners valued the median home at $230,000 in 2021, where the median of Alberta’s towns was $400,000. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. For Belvedere there is no published sale price, as for every town in Alberta.
What Belvedere’s homes are worth, two ways
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Belvedere shares its assessed values, values by property type and building permits numbers with the rest of the city of Edmonton.
median, owners’ estimate
- Average
- $258K
- Owners
- 1,120
- 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
Assessors listed 347,170 residential properties in Edmonton for 2024, 61% 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.
More apartments than most: 52% of the homes in Belvedere (Alberta’s towns: 14%)
The 2021 census counted 2,275 occupied homes in Belvedere. Half went up before 1981. 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
| Belvedere | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 35% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 10% | 4% | 3% |
| Households in core housing need | 22% | 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 Edmonton ran at 26 homes a year per 1,000, where Alberta’s towns ran at 7.5
From 2018 to 2023, permits in Edmonton created 61,232 homes, about 10,205 a year. About 32% went into single-unit buildings, where Alberta’s towns built 69%. Belvedere doesn’t get its own monthly permits figures; the ones here come from the Edmonton metro area.
A peak in 2022: 12,256 new homes
New homes a year per 1,000 homes
21,179 new homes in the 12 months to August 2026, down 15% on 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.
Belvedere is cheaper than most of Alberta’s towns: 43% under their $400,000 median
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.
Belvedere’s neighbours by home value
The places around Belvedere at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Belvedere | $230K | $258K | 50% | |
| York | $314K | $313K | 60% | 1.2 |
| Homesteader | $302K | $297K | 46% | 1.4 |
| Delwood | $320K | $319K | 79% | 1.5 |
| Balwin | $314K | $299K | 56% | 1.6 |
| Clareview Town Centre | $276K | $238K | 44% | 1.9 |
| Newton | $300K | $316K | 78% | 2.1 |
Census 2021 values; km.
Questions about property prices in Belvedere
How many households in Belvedere are in core housing need?
In Belvedere, 22% of households are in core housing need, against 8% for Alberta’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Belvedere expensive for Alberta?
Less than most: Alberta’s towns have a median of $400,000, and Belvedere sits below 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).