Subscribe RSS Feed Email

Building permit values decline in February

March 5, 2026 2:23 PM
(Red Deer, Alberta)

Building permit values in Red Deer totalled $2.7 million in February 2026, a decrease from $4.5 million in February 2025.

Year-to-date permit values remain lower in 2026, with current values at $14.2 million, compared with $21.7 million at this time last year.

Notable permits include:

  • Building permit for construction of a new single family detached dwelling at 34 Eaton Crescent, valued at $198,000
  • Building permit for construction of a new single family detached dwelling at 160 Ellington Crescent, valued at $178,000
  • Building permit for interior renovations to existing structure at 100-31 Clearview Market Way, valued at $175,000
  • Building permit for construction for a new single family detached dwelling with front attached garage and rear deck at 213 Turnbull Close, valued at $162,000
  • Building permit for construction of a new single family detached dwelling with front attached garage and rear deck at 217 Turnbull Close, valued at $145,000
  February 2026 February 2025 Jan - Feb 2026 Jan - Feb 2025
  Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
TOTAL 47 $2,734,265 48 $4,552,537 141 $14,280,185 113 $21,770,757
COMMERCIAL 9 $505,384 12 $1,203,456 22 $5,812,039 33 $14,193,595
INDUSTRIAL 3 $62,500 1 $231,320 4 $63,500 1 $231,320
PUBLIC SERVICE 5 $1,000,000 3 $1,200,273 9 $1,096,265 6 $3,050,273
RESIDENTIAL 30 $1,166,381 32 $1,917,488 106 $7,308,381 73 $4,295,569
- end -