Aspen Gardens, Edmonton - October 2026 Real Estate Report
Aspen Gardens, Edmonton: Your Neighbour Just Got a Reality Check on Their Home Value
If you own a home in Aspen Gardens and you're still looking at your city assessment to figure out what your place is worth, you're working with old information. Here's what's actually happening on the ground right now.
The Vibe: Houses vs. Condos
Let's be straight with each other - the house market in Aspen Gardens is taking a breather. Average sale prices for houses came in at $732,833 this month, down 4.9% from last month. Homes are sitting on the market for an average of 130 days, and buyers are paying about 96 cents on the dollar of the list price. That's not a crash, but it's a clear signal that buyers have options and they know it. We're sitting at a growth rank of 225 out of 285 Edmonton neighbourhoods right now - that puts us in the below-average tier for the moment.
- Average house sale price: $732,833 (down 4.9% from last month)
- Average list price: $824,495
- Price per square foot: $444
- Average days on market: 130
- Sale-to-list ratio: 96%
- Properties sold in 2026: 36 transactions across 516 assessed properties
- Rental yield on houses: 5.11% - that's a strong number
- Estimated monthly rent: $3,595
Condos tell a quieter story. One condo sold last month, prices are essentially flat, and buyers are paying about 95.4% of list. Days on market averaged 120. It's slow, but steady - and the condo growth rank of 146 out of 297 actually puts us in above-average territory for that segment. Not flashy, but not falling apart either.
- Average condo sale price: $145,000
- Average condo list price: $152,000
- Price per square foot: $116
- Average days on market: 120
- Sale-to-list ratio: 95.39%
- Estimated monthly rent: $862
- Rental yield: 4.34%
The Secret Sauce: Your HonestDoor Price vs. That Government Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on data that's even older. The market doesn't wait for paperwork. That's exactly why your HonestDoor Price matters right now.
For houses in Aspen Gardens, the average city assessment sits at $782,836. The average HonestDoor Price is $815,340 - that's 4.15% higher than what the city has on file. For a neighbourhood leaderboard perspective, Aspen Gardens ranks 23rd out of all Edmonton neighbourhoods for average assessed value. That's top-tier pricing territory. But the HonestDoor Price is the real-world check - it moves with the market in real time, not on a once-a-year government schedule.
On the condo side, the average assessment is $155,737. The HonestDoor Price is $157,529 - a modest but meaningful 1.15% premium over the city's number. Both figures have ticked up 0.41-0.43% from the previous period, which tells us values aren't collapsing - they're just recalibrating.
If you're comparing us to the neighbours: Lansdowne houses are priced slightly higher at $830,887. Westbrook Estates is in a completely different league at $1,756,026 - that's a luxury segment. Royal Gardens comes in cheaper at $493,516. Aspen Gardens sits comfortably in the middle - premium without being out of reach.
The 'So What?': Thinking About Selling This Summer?
Here's the honest take if you're weighing a summer sale.
The house market is soft right now. Prices are down from last month, homes are taking four-plus months to sell, and buyers are negotiating. That doesn't mean you can't sell - it means you need to price sharp from day one. Overpricing in this market is the fastest way to sit on the market and eventually take a bigger cut than you needed to.
The predicted market value for houses is $811,858, but that's already trending down from the 3-month moving average of $830,757. The window where Aspen Gardens houses were commanding peak prices has narrowed. If selling is on your radar, sooner beats later while values are still holding above the $800K range.
For condo owners, the math is different. Values are more stable, the growth rank is actually above average for Edmonton, and rental demand is real at $862 per month. If you're not in a rush to sell, holding and renting is a legitimate play with a 4.34% yield backing it up.
Bottom line - check your HonestDoor Price before you do anything else. It's the most current number you have, and in a market that's shifting month to month, that matters more than whatever letter showed up from the city last January.
aspen gardens | edmonton | october 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.