62% of Klarvatten’s homes have been built since 2001, against 24% for Alberta’s towns
Owners valued the median home at $400,000 at the 2021 census, and the average at $392,367. 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 Klarvatten.
Two ways to price a home in Klarvatten
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $392K
- Owners
- 1,990
- 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). · Source area for assessed values, values by property type and building permits: the city of Edmonton
Edmonton’s detached houses are assessed 30% above the median of Alberta’s towns
Detached houses account for 61% of the 347,170 properties on Edmonton’s 2024 roll; condos for 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 Klarvatten, by period and type
The 2021 census counted 2,210 occupied homes in Klarvatten; 84% of them are single-detached houses. 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
| Klarvatten | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 14% | 15% | 8% |
| Needing major repairs | 3% | 5% | 6% |
| Too small for the household | 5% | 4% | 3% |
| Households in core housing need | 3% | 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
Some 10,205 homes a year: 61,232 in all were permitted in Edmonton from 2018 to 2023. About 32% went into single-unit buildings, where Alberta’s towns built 69%.
A peak in 2022: 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
Area-wide: monthly permits, counted over the Edmonton 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.
Klarvatten against Alberta’s towns: about level with the $400,000 median
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 Klarvatten: Lago Lindo
The places around Klarvatten at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Klarvatten | $400K | $392K | 90% | |
| Lago Lindo | $348K | $348K | 89% | 0.9 |
| Crystallina Nera West | $384K | $427K | 50% | 1 |
| Elsinore | $452K | $481K | 78% | 1.4 |
| Crystallina Nera East | $380K | $410K | 86% | 1.6 |
| Mayliewan | $448K | $449K | 94% | 1.9 |
| Belle Rive | $448K | $416K | 93% | 2 |
Census 2021 values; km.
Questions about property prices in Klarvatten
How many households in Klarvatten are in core housing need?
Below the norm for Alberta’s towns (8%): 3% in Klarvatten, counting the households whose home falls short on cost, size or repair.
Is Klarvatten expensive for Alberta?
In the middle: Alberta’s towns come to $400,000, and so, near enough, does Klarvatten.
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).