The middle home in Larkspur is valued at $392,000
1,535 owner households answered the census question on value in 2021. Self-assessed in May 2021, these values predate the rate rises that followed. Statistics Canada doesn’t publish sales in Alberta, so nothing here says what Larkspur’s homes actually sold for.
Two ways to price a home in Larkspur
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Nobody publishes assessed values, values by property type and building permits for Larkspur alone, so this card uses the figure for the city of Edmonton.
median, owners’ estimate
- Average
- $370K
- Owners
- 1,535
- 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
Of Edmonton’s 347,170 residential properties on the 2024 roll, 61% are detached houses and 18% are 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 condos than most: 36% of the homes in Larkspur (Alberta’s towns: 15%)
Larkspur had 1,875 occupied homes at the 2021 census, 64% of them single-detached houses. Half or more were standing by 2000. 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
| Larkspur | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 36% | 15% | 8% |
| Needing major repairs | 3% | 5% | 6% |
| Too small for the household | 10% | 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.
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. 32% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns. Behind monthly permits sits data gathered across the Edmonton metro area, with Larkspur one part of it.
A peak in 2022: 12,256 new homes
New homes a year per 1,000 homes
Down 15%: 21,179 new homes in the year to August 2026
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.
Larkspur sits close to the $400,000 median of Alberta’s towns
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 Larkspur: Kiniski Gardens
Next to Larkspur: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Larkspur | $392K | $370K | 82% | |
| Wild Rose | $400K | $422K | 84% | 1.2 |
| Kiniski Gardens | $328K | $372K | 86% | 1.3 |
| Tamarack | $392K | $405K | 74% | 1.4 |
| Jackson Heights | $392K | $397K | 81% | 1.8 |
| Silver Berry | $400K | $371K | 77% | 1.8 |
| Maple | $388K | $430K | 82% | 2.1 |
Census 2021 values; km.
Questions about property prices in Larkspur
How many households in Larkspur are in core housing need?
Below the norm for Alberta’s towns (8%): 6% in Larkspur, counting the households whose home falls short on cost, size or repair.
Is Larkspur expensive for Alberta?
In the middle: Alberta’s towns come to $400,000, and so, near enough, does Larkspur.
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).