Guest, Sign inJoin
ISS030-E-77424 - View of EarthPhoto: Earth Science and Remote Sensing Unit , Lyndon B. Johnson Space Center · Public domain
A+Cost of living Grade
Property prices in Special Area No. 3 · Census 2021 and Statistics Canada

Homes in Special Area No. 3 are worth 75% less than the median of Alberta’s towns

Owners put the median home at $100,000 at the 2021 census; for Alberta’s towns the median is $400,000. What homes sold for in Special Area No. 3 isn’t public: no sale figures are released in Alberta. The 2024 property assessment puts the median residential property at $121,000.

Median home value
$100K
owners’ estimate, census 2021
average $153K
Median assessed value
$121K
all residential, 2024
New homes a year
7
permits, 2018–2023
17.3 per 1,000 homes
Owner households
190
census 2021
88% of households
What homes are worth

Two ways to price a home in Special Area No. 3

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.

Census 2021$100K

median, owners’ estimate

Average
$153K
Owners
190
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$121K

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

On the assessment roll, Special Area No. 3’s houses sit 54% below Alberta’s towns

Detached houses account for 75% of the 505 properties on Special Area No. 3’s 2024 roll.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$152K
Mobile homes$63K
Multi-unit properties$224K
The mix of properties
Detached houses75%
Multi-unit properties18%
Mobile homes7%
1,980 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)

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

91% of Special Area No. 3’s homes are detached houses, where Alberta’s towns have 64%

Special Area No. 3 had 440 occupied homes at the 2021 census. Half or more were standing by 1980.

When they were built

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

Before 196119%
1961–198035%
1981–200024%
2001–201515%
2016–20218%
What kind of home

Homes by kind

Single-detached houses91%
Semi-detached housesunder 1%
Row houses1%
Apartments, under 5 storeysunder 1%
Other attached1%
Movable dwellings7%
Against the median town of the province and of Canada
Special Area No. 3AlbertaCanada
Condominiumsunder 1%15%8%
Needing major repairs8%5%6%
Too small for the household5%4%3%
Households in core housing need24%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

Special Area No. 3 permitted 17.3 new homes a year per 1,000, above the 7.5 of Alberta’s towns

Over 2018–2023, 39 homes were permitted in Special Area No. 3, close to 7 each year. The mix: 37% in single-unit buildings, beside 69% for Alberta’s towns.

Permits by year, 2018–2023

The busiest year: 2021, with 28 new homes

Single-unit buildingsTwo or more units
0102030201820192020202120222023
The pace

New homes a year per 1,000 homes

Special Area No. 317.3
Alberta’s towns7.5
The typical Canadian town13.8
$1.96M
of new residential construction a year, 2019–2023

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

Special Area No. 3 is cheaper than most of Alberta’s towns: 75% under their $400,000 median

478 of Alberta’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Special Area No. 3’s neighbours by home value

The places around Special Area No. 3 at the 2021 census: median and average value, and how many own. The nearest places to Special Area No. 3 with figures are 57–107 km away.

Special Area No. 4Special Area No. 2HannaProvost No. 52Kindersley No. 290Special Area No. 4Special Area No. 2HannaProvost No. 52Kindersley No. 290Special Area No. 3
Prices next door
TownMedian home valueAverageOwnerskm
Special Area No. 3$100K$153K88%
Special Area No. 4$250K$286K85%57.4
Special Area No. 2$250K$268K84%58
Hanna$166K$179K74%82.3
Provost No. 52$250K$306K85%105
Kindersley No. 290$348K$428K86%106.9

Census 2021 values; km.

Questions about property prices in Special Area No. 3

Is Special Area No. 3 expensive for Alberta?

Below the norm for Alberta’s towns, whose median home is worth $400,000; Special Area No. 3’s is worth less.

How many households in Special Area No. 3 are in core housing need?

In Special Area No. 3, 24% 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.

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).