Photo: Mhalifu · CC BY-SA 3.0Little is being built in Peace No. 135: 2.2 new homes a year per 1,000, against 7.5 for Alberta’s towns
Asked in 2021, owners gave a median value of $348,000; averaged, their homes came to $380,000. Self-assessed in May 2021, these values predate the rate rises that followed. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Peace No. 135.
What Peace No. 135’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.
median, owners’ estimate
- Average
- $380K
- Owners
- 410
- 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 Peace No. 135 carry assessments 14% under the middle of Alberta’s towns
Detached houses account for 79% of the 600 properties on Peace No. 135’s 2024 roll.
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 homes in poor repair than most: 10% in Peace No. 135 (Alberta’s towns: 5%)
At the 2021 census, 89% of Peace No. 135’s 575 occupied homes were single-detached houses. Half went up before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Peace No. 135 | Alberta | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 15% | 8% |
| Needing major repairs | 10% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 17% | 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.
The peak came in 2018, when Peace No. 135 permitted 4 new homes
Building permits added 9 homes in Peace No. 135 between 2018 and 2023: some 2 a year. Most were houses: 100% went into single-unit buildings, against 69% for Alberta’s towns.
A year with no report is left out.
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.
Peace No. 135 is cheaper than most of Alberta’s towns: 13% under 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 Peace No. 135: Grimshaw, Peace River and Northern Sunrise County
Next to Peace No. 135: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Peace No. 135 | $348K | $380K | 89% | |
| Grimshaw | $226K | $228K | 70% | 9.5 |
| Peace River | $300K | $313K | 59% | 11.3 |
| Northern Sunrise County | $300K | $332K | 83% | 18.3 |
Census 2021 values; km.
Questions about property prices in Peace No. 135
How many households in Peace No. 135 are in core housing need?
In Peace No. 135, 17% 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 Peace No. 135 expensive for Alberta?
On census values, Peace No. 135 sits among the cheaper of Alberta’s towns (median $400,000).
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).