A newly built town: 96% of the homes in Magrath Heights date from 2001 or later (Alberta’s towns: 24%)
Asked in 2021, owners gave a median value of $600,000; averaged, their homes came to $747,343. For Magrath Heights there is no published sale price, as for every town in Alberta. The 2024 property assessment puts the median residential property at $360,000. Magrath Heights doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Edmonton.
Two ways to price a home in Magrath Heights
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.
median, owners’ estimate
- Average
- $747K
- Owners
- 1,035
- 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).
Houses in Edmonton carry assessments 30% over the middle of 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.
More condos than most: 30% of the homes in Magrath Heights (Alberta’s towns: 15%)
Magrath Heights had 1,255 occupied homes at the 2021 census, 67% of them 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
| Magrath Heights | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 30% | 15% | 8% |
| Needing major repairs | 2% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 4% | 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.
26 new homes a year per 1,000 in Edmonton: more than Alberta’s towns (7.5)
Some 10,205 homes a year: 61,232 in all were permitted in Edmonton from 2018 to 2023. Single-unit buildings took 32%, the rest buildings of two or more, against 69% for Alberta’s towns.
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
Monthly permits for 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.
Magrath Heights is dearer than most of Alberta’s towns: 50% 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 Magrath Heights: Leger, Terwillegar Towne and South Terwillegar
The places around Magrath Heights at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Magrath Heights | $600K | $747K | 82% | |
| Ogilvie Ridge | $600K | $593K | 79% | 0.8 |
| Leger | $500K | $522K | 90% | 1.2 |
| Mactaggart | $700K | $734K | 72% | 1.2 |
| Terwillegar Towne | $408K | $481K | 87% | 1.3 |
| South Terwillegar | $400K | $404K | 72% | 1.9 |
| Twin Brooks | $500K | $515K | 93% | 2.3 |
Census 2021 values; km.
Questions about property prices in Magrath Heights
How many households in Magrath Heights are in core housing need?
4% of Magrath Heights’s households, under the 8% of Alberta’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Magrath Heights expensive for Alberta?
Yes: Magrath Heights’s census median is above the $400,000 of Alberta’s towns.
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).