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Property prices in Royal Gardens · Census 2021 and Statistics Canada

Apartments make up 34% of the homes in Royal Gardens, where Alberta’s towns have 14%

The 2021 census put the median home at $400,000, with an average of $343,197. No open sale prices are published in Alberta, so for Royal Gardens the census value is the measure. For 2024, the median assessed value of a residential property is $360,000. Behind assessed values, values by property type and building permits sits data gathered across the city of Edmonton, with Royal Gardens one part of it.

Median home value
$400K
owners’ estimate, census 2021
average $343K
Median assessed value
$360K
all residential, 2024
New homes a year
10,205
permits, 2018–2023
26 per 1,000 homes
Owner households
735
census 2021
55% of households
What homes are worth

What Royal Gardens’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. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.

Census 2021$400K

median, owners’ estimate

Average
$343K
Owners
735
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$360K

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).

By type of home

Edmonton’s detached houses are assessed 30% above the median of Alberta’s towns

The 2024 assessment roll counts 347,170 homes in Edmonton: detached houses make 61% of them, condos 18%.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$429K
Semi-detached$358K
Row houses$218K
Condos$151K
The mix of properties
Detached houses61%
Condos18%
Row houses11%
Semi-detached9%
1,970 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)
854 sq ft
living area of the median condo

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

25% of Royal Gardens’s homes are condos, where Alberta’s towns have 15%

People lived in 1,325 homes in Royal Gardens at the 2021 census. At least half predate 1981. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 19618%
1961–198077%
1981–200011%
2001–20152%
2016–20212%
What kind of home

Homes by kind

Single-detached houses44%
Semi-detached houses3%
Row houses18%
Apartments, under 5 storeys24%
Apartments, 5+ storeys10%
Against the median town of the province and of Canada
Royal GardensAlbertaCanada
Condominiums25%15%8%
Needing major repairs6%5%6%
Too small for the household9%4%3%
Households in core housing need11%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.

New homes

Building ahead of Alberta’s towns: 26 new homes a year per 1,000 in Edmonton, against 7.5

Building permits added 61,232 homes in Edmonton between 2018 and 2023: some 10,205 a year. 32% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns.

Permits by year, 2018–2023

Most in 2022: 12,256 new homes

Single-unit buildingsTwo or more units
05,00010,00015,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Edmonton26
Alberta’s towns7.5
The typical Canadian town13.8
$1,907M
of new residential construction a year, 2019–2023
The metro area

Slowing: 21,179 new homes in the 12 months to August 2026, 15% fewer

010,00020,00030,00020212022202320242025

Measured across the Edmonton metro area: monthly permits

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.

Across Alberta

Royal Gardens 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.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Royal Gardens: Empire Park

Next to Royal Gardens: 2021 census values and the share of owners.

Westbrook EstatesGreenfieldMalmo PlainsSweet GrassDugganEmpire ParkWestbrook EstatesGreenfieldMalmo PlainsSweet GrassDugganEmpire ParkRoyal Gardens
Prices next door
TownMedian home valueAverageOwnerskm
Royal Gardens$400K$343K55%
Westbrook Estates$600K$889K77%0.8
Greenfield$448K$458K83%1.1
Malmo Plains$460K$473K64%1.4
Sweet Grass$492K$405K62%1.5
Duggan$416K$403K59%1.8
Empire Park$258K$272K12%1.8

Census 2021 values; km.

Questions about property prices in Royal Gardens

How many households in Royal Gardens are in core housing need?

In Royal Gardens, 11% of households are in core housing need, against 8% for Alberta’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.

Is Royal Gardens expensive for Alberta?

In the middle: Alberta’s towns come to $400,000, and so, near enough, does Royal Gardens.

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).