Photo: JFVoll · CC BY-SA 4.0Watford sits 42% below Ontario’s towns on home values
The 2021 census gives $400,000 as the median value; Ontario’s towns come to $695,000. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Watford. Assessors valued the median residential property at $167,000 for 2024. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario.
What Watford’s homes are worth, two ways
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. These home values were given by owners themselves, in a census taken in May 2021.
median, owners’ estimate
- Average
- $458K
- Owners
- 940
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in Watford is assessed 30% lower than across Ontario’s towns
Detached houses account for 94% of the 1,345 properties on Watford’s 2024 roll.
Median assessment by type, 2024 the tick is the median of Ontario’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 Ontario’s towns with their own figure; assessments compare within a province only.
Single-detached houses are 89% of Watford’s homes, against 60% for Ontario’s towns
People lived in 1,355 homes in Watford at the 2021 census. Half went up before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Watford | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 9% | 9% | 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.
6.8 new homes a year per 1,000 in Watford: fewer than Ontario’s towns (15)
Some 9 homes a year: 51 in all were permitted in Watford from 2018 to 2023. 83% were single-unit buildings, beside 66% for Ontario’s towns.
The busiest year: 2019, with 14 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.
Watford is 42% below the $695,000 median of Ontario’s towns
The census values of Ontario’s towns, 871 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 Watford: Brooke-Alvinston
Next to Watford: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Watford | $400K | $458K | 79% | |
| Brooke-Alvinston | $300K | $358K | 85% | 15 |
| Adelaide-Metcalfe | $600K | $644K | 82% | 18.2 |
Census 2021 values; km.
Questions about property prices in Watford
Is Watford expensive for Ontario?
Cheaper than the middle: Ontario’s towns come to $695,000, Watford to less.
How many households in Watford are in core housing need?
In Watford, 9% of households are in core housing need, close to the 9% of Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby 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).