If you own property in Alberta Park Industrial and you're still going off your last city assessment, you're probably working with a number that doesn't reflect what's happening on the ground. The market here is moving - and not always in the direction you'd hope. Here's the honest breakdown for houses and condos right now.
Let's be straight with each other. Houses in Alberta Park Industrial are under some pressure. The average HonestDoor Price sits at $171,384, and it's slipped 0.31% from the previous period. The predicted market value is $171,911, but that's already trending down from a 3-month moving average of $175,427. That's a gap worth paying attention to.
On the neighbourhood leaderboard, houses here rank 277 out of 292 for growth in Edmonton. That puts us near the bottom of the pack. It's not a panic moment, but it's not a "sit back and relax" moment either.
The silver lining? If you're a landlord or thinking about becoming one, the rental story is actually decent. Estimated rent comes in at $904 per month, and the rental yield is 6.04%. That's a strong return by Edmonton standards - meaning this neighbourhood works harder for investors than the price tag might suggest.
For context, Sheffield Industrial nearby is priced significantly higher at $290,269, while Norwester Industrial comes in well below us at $84,054. Garside Industrial sits just above at $195,022. We're in the middle of the pack on price, but lagging on growth.
Condos in Alberta Park Industrial are holding up better. The average HonestDoor Price is $278,943, down a modest 0.37% from the previous period. But here's the more encouraging number - the predicted market value of $279,979 is actually sitting above the 3-month moving average of $273,824. That means condo values are nudging upward, not downward.
On the leaderboard, condos rank 166 out of 302 in Edmonton for growth. Below average, yes - but nowhere near the bottom. There's a meaningful difference between where condos and houses sit right now in this neighbourhood.
Rental income for condos is solid too. Estimated rent is $1,506 to $1,512 per month. The rental yield of 4.23% is moderate - not as punchy as the house yield, but still respectable for a condo in this part of the city.
Nearby, Garside Industrial condos are priced higher at $331,667, while Norwester Industrial and Hawin Park Estate Industrial both come in below us. For condos, Alberta Park Industrial is actually a mid-range option in the area - not the cheapest, not the priciest.
Here's the thing about city assessments - they're a snapshot from months ago, sometimes longer. They don't know what happened to prices last quarter. They don't adjust in real time. Your HonestDoor Price does.
For houses in Alberta Park Industrial, the gap between the 3-month moving average ($175,427) and where prices are heading right now is already visible. If you're relying on an old assessment to make a financial decision - whether that's refinancing, selling, or just knowing your net worth - you could be off by thousands. The HonestDoor Price is the real-world check that updates as the market moves, not once a year when the city gets around to it.
For condo owners, the picture is actually more optimistic than a static assessment would show. Values are trending up from the 3-month average. An outdated number could actually undersell what your unit is worth today.
If you own a house in Alberta Park Industrial and you're considering selling this summer, the data is telling you not to wait and hope things improve. With a growth rank of 277 out of 292 and a recent value change of -6.81%, the trend is not your friend right now. Pricing it right from day one - using your current HonestDoor Price, not last year's assessment - is the move. Overpricing in a softening market means sitting on the listing while buyers walk past.
If you own a condo, you're in a slightly better spot. Values are creeping up from the 3-month average, and the drop over the recent period is a much smaller -0.33%. You have a bit more breathing room, but "a bit more" is not the same as "plenty." Summer is still a good window to list before the fall slowdown.
Either way, the smartest first step is checking your HonestDoor Price today - not the number the city mailed you. That's the number that reflects what a buyer would actually pay right now, in this market, in this neighbourhood.
alberta park industrial | edmonton | august 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.