Photo: chensiyuan · CC BY-SA 4.0Homes in Improvement District No. 9 Banff are worth 63% more than the median of Alberta’s towns
In figures: $650,000 for the median home in 2021, $400,000 for the middle of Alberta’s towns. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. No sales are published for towns in Alberta, Improvement District No. 9 Banff included, so owners’ values are the measure.
Improvement District No. 9 Banff’s homes, by two sources
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $640K
- Owners
- 20
- Alberta’s towns
- $400K
- The typical Canadian town
- $406K
all residential
- Properties
- 60
- 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).
More condos than most: 30% of the homes in Improvement District No. 9 Banff (Alberta’s towns: 15%)
135 occupied homes stood in Improvement District No. 9 Banff in 2021, and row houses made up 52% of them. Half went up before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Improvement District No. 9 Banff | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 30% | 15% | 8% |
| Needing major repairs | under 1% | 5% | 6% |
| Too small for the household | 7% | 4% | 3% |
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.
Improvement District No. 9 Banff is dearer than most of Alberta’s towns: 63% above their $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 Improvement District No. 9 Banff: Golden and Electoral Area A, Columbia-Shuswap
Next to Improvement District No. 9 Banff: 2021 census values and the share of owners. Distances here run 49–79 km: that is how far the nearest places with figures are from Improvement District No. 9 Banff.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Improvement District No. 9 Banff | $650K | $640K | 19% | |
| Banff | $725K | $812K | 42% | 48.7 |
| Golden | $448K | $439K | 69% | 60.5 |
| Electoral Area A, Columbia-Shuswap | $480K | $508K | 81% | 63 |
| Canmore | $850K | $943K | 66% | 68 |
| Bighorn No. 8 | $800K | $812K | 82% | 79.4 |
Census 2021 values; km.
Questions about property prices in Improvement District No. 9 Banff
Is Improvement District No. 9 Banff expensive for Alberta?
Above the norm for Alberta’s towns, whose median home is worth $400,000; Improvement District No. 9 Banff’s is worth more.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).