Photo: Earth Science and Remote Sensing Unit , Lyndon B. Johnson Space Center · Public domainA home in Special Area No. 4 is worth 38% less than the middle of Alberta’s towns
Owners valued the median home at $250,000 in 2021, where the median of Alberta’s towns was $400,000. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Special Area No. 4. Assessors valued the median residential property at $168,000 for 2024.
Special Area No. 4’s homes, by two sources
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $286K
- Owners
- 195
- 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).
Special Area No. 4’s detached houses are assessed 37% below the median of Alberta’s towns
Detached houses account for 67% of the 485 properties on Special Area No. 4’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.
91% of Special Area No. 4’s homes are detached houses, where Alberta’s towns have 64%
At the 2021 census, Special Area No. 4 had 420 homes with someone living in them. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Special Area No. 4 | Alberta | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | under 1% | 4% | 3% |
| Households in core housing need | 13% | 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.
8.6 new homes a year per 1,000 in Special Area No. 4: in step with Alberta’s towns (7.5)
From 2018 to 2023, permits in Special Area No. 4 created 19 homes, about 3 a year. Houses dominate the permits, at 100% in single-unit buildings (Alberta’s towns: 69%).
Most in 2021: 7 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.
Special Area No. 4 is 38% below the $400,000 median of Alberta’s towns
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 Special Area No. 4: Special Area No. 3
Next to Special Area No. 4: 2021 census values and the share of owners. No closer places have figures: these lie 53–66 km from Special Area No. 4.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Special Area No. 4 | $250K | $286K | 85% | |
| Provost No. 52 | $250K | $306K | 85% | 52.7 |
| Special Area No. 3 | $100K | $153K | 88% | 57.4 |
| Special Area No. 2 | $250K | $268K | 84% | 63.2 |
| Provost | $240K | $245K | 80% | 63.8 |
| Paintearth County No. 18 | $250K | $356K | 86% | 66 |
Census 2021 values; km.
Questions about property prices in Special Area No. 4
Is Special Area No. 4 expensive for Alberta?
Below the norm for Alberta’s towns, whose median home is worth $400,000; Special Area No. 4’s is worth less.
How many households in Special Area No. 4 are in core housing need?
More than most: 13% of households in Special Area No. 4, where Alberta’s towns sit at 8%.
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).