Apartments make up 36% of the homes in Tipaskan, where Alberta’s towns have 14%
In May 2021 the median owned home was worth $348,000 by its owner’s reckoning, the average one $299,482. No sales are published for towns in Alberta, Tipaskan included, so owners’ values are the measure. Assessors valued the median residential property at $360,000 for 2024. For assessed values, values by property type and building permits, the only official count covers all of the city of Edmonton, Tipaskan included.
What Tipaskan’s homes are worth, two ways
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $299K
- Owners
- 550
- 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
The 2024 assessment roll counts 347,170 homes in Edmonton: detached houses make 61% of them, 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 need than most: 16% of households in Tipaskan (Alberta’s towns: 8%)
Tipaskan had 1,025 occupied homes at the 2021 census. Half or more were standing by 1980. 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
| Tipaskan | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 26% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 11% | 4% | 3% |
| Households in core housing need | 16% | 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.
Building ahead of Alberta’s towns: 26 new homes a year per 1,000 in Edmonton, against 7.5
From 2018 to 2023, permits in Edmonton created 61,232 homes, about 10,205 a year. The mix: 32% in single-unit buildings, beside 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
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. · Monthly permits: one figure for all of the Edmonton metro area
Tipaskan against Alberta’s towns: 13% under 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 Tipaskan: Meyonohk, Richfield and Lee Ridge
Next to Tipaskan: 2021 census values and the share of owners.
Questions about property prices in Tipaskan
Is Tipaskan expensive for Alberta?
Below the norm for Alberta’s towns, whose median home is worth $400,000; Tipaskan’s is worth less.
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).