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D−Cost of living Grade
Property prices in Electoral Area I, Cowichan Valley · Census 2021 and Statistics Canada

Electoral Area I, Cowichan Valley’s housing is older than most: 29% dates from before 1961 (British Columbia’s towns: 11%)

Asked in 2021, owners gave a median value of $650,000; averaged, their homes came to $832,000. Sales are published too: 55 buyers in 2023, at a median $580,000. On the 2024 assessment, the middle residential property is valued at $883,000.

Median home value
$650K
owners’ estimate, census 2021
average $832K
Median sale price
$580K
CHSP, 2023
55 buyers
Median assessed value
$883K
all residential, 2024
Owner households
620
census 2021
89% of households
What homes are worth

Three ways to price a home in Electoral Area I, Cowichan Valley

Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms. No sale stands behind these values: owners named them at the census of May 2021.

Census 2021$650K

median, owners’ estimate

Average
$832K
Owners
620
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$580K

median sale price

Average sale
$810K
÷ buyers’ income
4.9×
Buyers
55
British Columbia’s towns
$682K
Assessed, 2024$883K

all residential

British Columbia’s towns
$671K

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, Electoral Area I, Cowichan Valley’s houses sit 28% above British Columbia’s towns

Detached houses account for 93% of the 1,110 properties on Electoral Area I, Cowichan Valley’s 2024 roll.

Assessed value

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

Detached houses$955K
Multi-unit properties$819K
The mix of properties
Detached houses93%
Multi-unit properties3%
1,560 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 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 British Columbia’s towns with their own figure; assessments compare within a province only.

The homes

88% of Electoral Area I, Cowichan Valley’s homes are detached houses, where British Columbia’s towns have 62%

The 2021 census counted 695 occupied homes in Electoral Area I, Cowichan Valley.

When they were built

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

Before 196129%
1961–198022%
1981–200021%
2001–201519%
2016–20219%
What kind of home

Homes by kind

Single-detached houses88%
Semi-detached houses1%
Row houses1%
Flats in a duplexunder 1%
Apartments, under 5 storeysunder 1%
Movable dwellings10%
Against the median town of the province and of Canada
Electoral Area I, Cowichan ValleyBritish ColumbiaCanada
Condominiums1%10%8%
Needing major repairs7%6%6%
Too small for the householdunder 1%4%3%
Households in core housing need11%10%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.

Across British Columbia

Electoral Area I, Cowichan Valley against British Columbia’s towns: 10% under the $720,000 median

The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

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

Cheaper next to Electoral Area I, Cowichan Valley: Lake Cowichan

The places around Electoral Area I, Cowichan Valley at the 2021 census: median and average value, and how many own.

Lake CowichanElectoral Area F, Cowichan ValleyLake CowichanElectoral Area F, Cowichan ValleyElectoral Area I, Cowichan Valley
Prices next door
TownMedian home valueAverageOwnerskm
Electoral Area I, Cowichan Valley$650K$832K89%
Lake Cowichan$472K$530K85%11.5
Electoral Area F, Cowichan Valley$675K$744K82%16.8

Census 2021 values; km.

Questions about property prices in Electoral Area I, Cowichan Valley

Is Electoral Area I, Cowichan Valley expensive for British Columbia?

Below the norm for British Columbia’s towns, whose median home is worth $720,000; Electoral Area I, Cowichan Valley’s is worth less.

How many households in Electoral Area I, Cowichan Valley are in core housing need?

In Electoral Area I, Cowichan Valley, 11% of households are in core housing need, close to the 10% of British Columbia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

What is the average house price in Electoral Area I, Cowichan Valley?

An average of $810,000 in 2023, with the median sale at 4.9 times the buyer’s income.

Can I see individual sales or prices by street?

Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.

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).