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North Saskatchewan river, Edmonton, AlbertaPhoto: Joli Rumi · CC BY-SA 4.0
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Property prices in Windermere · Census 2021 and Statistics Canada

A few dear homes lift Windermere’s average value 45% above its median

In May 2021 the median owned home was worth $460,000 by its owner’s reckoning, the average one $668,561. For Windermere there is no published sale price, as for every town in Alberta. On the 2024 assessment, the middle residential property is valued at $360,000. Figures for assessed values, values by property type and building permits are published for the city of Edmonton as a whole, not for Windermere alone.

Median home value
$460K
owners’ estimate, census 2021
average $669K
Median assessed value
$360K
all residential, 2024
New homes a year
10,205
permits, 2018–2023
26 per 1,000 homes
Owner households
4,275
census 2021
80% of households
What homes are worth

Windermere’s homes, by two sources

Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.

Census 2021$460K

median, owners’ estimate

Average
$669K
Owners
4,275
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

A detached house in Edmonton is assessed 30% higher than across 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

Since 2001: 96% of the homes in Windermere, where Alberta’s towns have 24%

The 2021 census counted 5,350 occupied homes in Windermere; 57% of them are single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

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

Before 1961under 1%
1961–19802%
1981–20001%
2001–201557%
2016–202139%
What kind of home

Homes by kind

Single-detached houses57%
Semi-detached houses17%
Row houses5%
Apartments, under 5 storeys19%
Apartments, 5+ storeys3%
Against the median town of the province and of Canada
WindermereAlbertaCanada
Condominiums22%15%8%
Needing major repairs1%5%6%
Too small for the household3%4%3%
Households in core housing need6%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

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. Nobody publishes monthly permits for Windermere alone, so this card uses the figure for the Edmonton metro area.

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

Down 15%: 21,179 new homes in the year to August 2026

010,00020,00030,00020212022202320242025

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

Windermere is dearer than most of Alberta’s towns: 15% above their $400,000 median

The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

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

Cheaper next to Windermere: Glenridding Heights, South Terwillegar and Terwillegar Towne

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

AmblesideKeswickGlenridding HeightsHaddowSouth TerwillegarTerwillegar TowneAmblesideKeswickGlenridding HeightsHaddowSouth TerwillegarTerwillegar TowneWindermere
Prices next door
TownMedian home valueAverageOwnerskm
Windermere$460K$669K80%
Ambleside$496K$451K66%1.2
Keswick$448K$602K73%2
Glenridding Heights$416K$446K88%2.2
Haddow$480K$535K88%2.4
South Terwillegar$400K$404K72%2.7
Terwillegar Towne$408K$481K87%3

Census 2021 values; km.

Questions about property prices in Windermere

How many households in Windermere are in core housing need?

Below the norm for Alberta’s towns (8%): 6% in Windermere, counting the households whose home falls short on cost, size or repair.

Is Windermere expensive for Alberta?

Yes: Windermere’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).