Photo: Johntwrl · Public domainAn old town: 73% of the homes in Capilano predate 1961, where Alberta’s towns have 5%
The 2021 census put the median home at $448,000, with an average of $490,494. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Capilano.
What Capilano’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.
median, owners’ estimate
- Average
- $490K
- Owners
- 1,800
- 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). · Assessed values, values by property type and building permits: one figure for all of the city of Edmonton
Houses in Edmonton carry assessments 30% over the middle of Alberta’s towns
The 2024 assessment roll counts 347,170 homes in Edmonton: detached houses make 61% of them, 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.
90% of Capilano’s homes are detached houses, where Alberta’s towns have 64%
Capilano had 2,090 occupied homes at the 2021 census. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Capilano | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 7% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 1% | 4% | 3% |
| Households in core housing need | 6% | 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.
Edmonton permitted 26 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Over 2018–2023, 61,232 homes were permitted in Edmonton, close to 10,205 each year. 32% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns. Capilano shares its monthly permits numbers with the rest of the Edmonton metro area.
Most 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.
Capilano is dearer than most of Alberta’s towns: 12% above 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.
Lower values near Capilano: Gold Bar, Ottewell and Virginia Park
The places around Capilano at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Capilano | $448K | $490K | 86% | |
| Gold Bar | $400K | $416K | 67% | 1.1 |
| Forest Heights | $460K | $517K | 61% | 1.6 |
| Highlands | $480K | $492K | 79% | 1.9 |
| Ottewell | $420K | $419K | 69% | 2.2 |
| Virginia Park | $348K | $355K | 48% | 2.2 |
| Beverly Heights | $310K | $338K | 67% | 2.3 |
Census 2021 values; km.
Questions about property prices in Capilano
How many households in Capilano are in core housing need?
In Capilano, 6% of households are in core housing need, against 8% for Alberta’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Is Capilano expensive for Alberta?
Above the norm for Alberta’s towns, whose median home is worth $400,000; Capilano’s is worth more.
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).