Half the owned homes in Lesser Slave River No. 124 are valued above $360,000
Some 965 owner households gave their home’s value to the 2021 census. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Lesser Slave River No. 124. For 2024, the median assessed value of a residential property is $205,000.
Lesser Slave River No. 124’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. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.
median, owners’ estimate
- Average
- $413K
- Owners
- 965
- 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).
Lesser Slave River No. 124’s homes by type: detached houses lead, at 78%
Assessors listed 1,535 residential properties in Lesser Slave River No. 124 for 2024, 78% of them detached houses.
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.
A younger stock than most: 37% of Lesser Slave River No. 124’s homes went up after 2000 (Alberta’s towns: 24%)
The 2021 census counted 1,170 occupied homes in Lesser Slave River No. 124; 78% of them are single-detached houses.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Lesser Slave River No. 124 | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 1% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 12% | 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.
Lesser Slave River No. 124 permitted 4.8 new homes a year per 1,000, below the 7.5 of Alberta’s towns
Some 6 homes a year: 33 in all were permitted in Lesser Slave River No. 124 from 2018 to 2023. Most were houses: 93% went into single-unit buildings, against 69% for Alberta’s towns.
A peak in 2019: 6 new homes
New homes a year per 1,000 homes
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.
Lesser Slave River No. 124 is 10% below 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Lesser Slave River No. 124: Slave Lake, Swan Hills and Opportunity No. 17
The places around Lesser Slave River No. 124 at the 2021 census: median and average value, and how many own. The nearest places to Lesser Slave River No. 124 with figures are 11–106 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lesser Slave River No. 124 | $360K | $413K | 89% | |
| Slave Lake | $320K | $325K | 66% | 11.2 |
| Swan Hills | $100K | $116K | 71% | 81.1 |
| Opportunity No. 17 | $200K | $225K | 65% | 91.1 |
| Big Lakes County | $226K | $267K | 79% | 103.9 |
| Athabasca | $280K | $289K | 58% | 105.5 |
Census 2021 values; km.
Questions about property prices in Lesser Slave River No. 124
How many households in Lesser Slave River No. 124 are in core housing need?
Above the norm for Alberta’s towns (8%): 12% in Lesser Slave River No. 124, counting the households whose home falls short on cost, size or repair.
Is Lesser Slave River No. 124 expensive for Alberta?
Below the norm for Alberta’s towns, whose median home is worth $400,000; Lesser Slave River No. 124’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).