According to the Canadian Real Estate Association (CREA), the average home price in Alberta for August was $485,000. This is significantly low compared to other provinces in Canada. In Ontario for example, the average price for a home is $908,000. In 2022, Calgary’s population grew by 119,000 people, boosting the average home price, which is now $553,800. It’s considerably higher than Edmonton’s average home price of $374,000. However, overall Alberta’s home prices are much more affordable compared to other parts of Canada, making it appealing to newcomers to Canada, investors and first-time homebuyers.
Alberta’s relatively stable economy and low home prices, provide those on the house hunt, a great location to reside. We’ve compiled a list of 5 of the most expensive and affordable properties in Alberta so home buyers (and home browsers) can find the right home that fits their budget!
5 of the Most Expensive
105 Aspen Ridge Heights South West – Calgary




Property details:
- 6 beds, 6 baths, 8 parking
- Detached
- Walking score 43/ Transit score 54
This architecturally pleasing modern mansion with unobstructed mountain views, offers Denca European custom kitchen cabinets, two walk-in closets, an upper deck to watch the sunset over the mountains and a generously sized spa-like tub in the primary ensuite. All this and more is included in this beautiful home.
View the listing and price here.
820 Madison Avenue South West – Calgary




Property details:
- 4 beds, 6 baths, 2 parking
- Detached
- Walking score 64/ Transit score 44
This gorgeous home has a spacious office with a built-in wall unit, a gourmet kitchen with a built-in refrigerator, and a convenient bar fridge. Enjoy the sliding door that opens up to a heated concrete deck or the built-in entertainment unit.
View the listing and price here.
12 Wycliffe Mews – Rocky View County




Property details:
- 5 beds, 6 baths, 12 parking
- Detached
- Walking score 13/ Transit score N/A
With over 8,000 sqft of living space, this mansion has a gourmet kitchen, equipped with top-tier Miele, sub-zero and wolf appliances, a wine room and a butler’s pantry. The master bedroom has a spacious layout with a fireplace, an opulent ensuite, two lavish dressing rooms and a private balcony.
View the listing and price here.
616 Crescent Road North West – Rocky View County




Property details:
- 5 beds, 4 baths, 3 parking
- Detached
- Walking score 75/ Transit score 65
With a total of 8,300 sqft of space, this open floor plan, wall/floor-to-ceiling window property showcases a marble waterfall island and an open-riser staircase that leads to a lounge and library area with a beautiful view. There’s plenty of entertainment in this home a with media room and golf simulator/sports room.
View the listing and price here.
32 Carraig Ridge – Bighorn




Property details:
- 3 beds, 3 baths
- Detached
- Walking score N/A/ Transit score N/A
Inspired by a minimalist Nordic design, this property showcases robust steel-clad exterior, oak hardwood flooring and ceilings and floor-to-ceiling windows providing tons of natural light and beautiful views of the surrounding lake. Enjoy a 5-pc ensuite bath featuring a floating 2-sink vanity cabinet, freestanding tub, steam shower and more with this unique property.
View the listing and price here.
5 of the Most Affordable
402 – 592 Hooke Road North West- Edmonton




Property details:
- 2 beds, 2 baths
- Condo
- Walking score 35/ Transit score 40
Located on the top floor, this open-concept home has vinyl plank flooring, cream cabinets, a large living room and a covered balcony with a gas BBQ. The balcony has a gorgeous view of downtown Edmonton for you to enjoy.
View the listing and price here.
101 – 3420 50 Street North West – Calgary




Property details:
- 1 beds, 1 baths, 1 parking
- Condo
- Walking score 86/ Transit score 49
Located near shopping malls, this cozy condo unit has newly renovated laminate flooring, lighting, paint and decor that all add to the beautiful ambience this unit gives off. With light colours throughout, this open-concept unit offers its homeowner a spacious living area.
View the listing and price here.
6 – 100 Westridge Crescent – Spruce Grove




Property details:
- 3 beds, 1 bath, 2 parking
- Townhouse
- Walking score 69/ Transit score N/A
With over 854 sqft of modern living space, this property offers a beautiful kitchen and fresh paint. This home contrasts lighter ceilings, walls and cabinets to darker flat surfaces like the countertops and natural wood table to give off a modern feel.
View the listing and price here.
8133 27 Avenue North West – Edmonton




Property Details:
- 3 beds, 1 bath, 1 parking
- Townhouse
- Walking score 65/ Transit score 43
This fully renovated 3-bedroom townhouse offers a bright and spacious open-plan living area, white cabinets, contrasting black hardware, quartz countertops and all new appliances. With a large central island, having guests over is not a problem!
View the listing and price here.
63 Belmead Gd North West – Edmonton




Property Details:
- 3 beds, 1 bath
- Townhouse
- Walking score 69/ Transit score 63
This beautifully renovated 3-bedroom townhouse offers fresh quartz countertops, complemented by new doors, trim, tub, vanities, and a stylish backsplash. A big outdoor fenced area is great for friends, family and relaxation.
View the listing and price here.
Are you currently looking in Alberta? Connect with one of Zoocasa’s experienced real estate agents in your area. Give us a call today to get started!