Photo: Rowanswiki · CC031% of Ottewell’s homes were built before 1961, against 5% across Alberta’s towns
Going by owners’ own estimates in 2021, the typical home is worth $420,000, the average one $419,301. What homes sold for in Ottewell isn’t public: no sale figures are released in Alberta. Assessors valued the median residential property at $360,000 for 2024. Nobody publishes assessed values, values by property type and building permits for Ottewell alone, so this card uses the figure for the city of Edmonton.
What Ottewell’s homes are worth, two ways
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $419K
- Owners
- 2,345
- 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.
The homes of Ottewell, by period and type
Ottewell had 3,430 occupied homes at the 2021 census, 71% of them single-detached houses. 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
| Ottewell | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 5% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 8% | 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
Edmonton issued permits for 61,232 new homes from 2018 to 2023, or about 10,205 a year. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns.
Most 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
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. · Data for monthly permits covers the Edmonton metro area
Ottewell 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 Ottewell: King Edward Park
Next to Ottewell: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Ottewell | $420K | $419K | 69% | |
| Holyrood | $428K | $473K | 61% | 1.1 |
| Gold Bar | $400K | $416K | 67% | 1.9 |
| Forest Heights | $460K | $517K | 61% | 1.9 |
| King Edward Park | $388K | $307K | 67% | 1.9 |
| Capilano | $448K | $490K | 86% | 2.2 |
| Bonnie Doon | $400K | $492K | 53% | 2.6 |
Census 2021 values; km.
Questions about property prices in Ottewell
Is Ottewell expensive for Alberta?
Ottewell is close to the norm for Alberta’s towns, whose median home is worth $400,000.
How many households in Ottewell are in core housing need?
8% of Ottewell’s households, near 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.
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).