If you have been assuming your Beavermead home is worth what the city says it is, it is time for a reality check. The market has shifted, and the numbers are telling a pretty clear story. Here is what is actually going on in our neighbourhood.
Let us start with houses. The average HonestDoor Price for a house in Beavermead sits at $602,839 - down 2.59% from the previous period. The 3-month moving average is $629,516, and the predicted market value is coming in at $618,875. That gap tells us the market is still finding its floor. On the neighbourhood leaderboard, Beavermead houses rank 23 out of 24 for growth in Peterborough. That is bottom-of-the-pack territory, and it is worth knowing.
The silver lining for house owners? Rental demand is holding up. Estimated rent is $2,994 per month, with a rental yield of 5.41%. That is a strong return if you are thinking about this as an investment property rather than a quick flip.
Condos are taking a harder hit. The average HonestDoor Price for a Beavermead condo is $383,717 - down 8.90% from the previous period. The predicted value is $421,207, against a 3-month moving average of $438,398. Condo growth ranks 18 out of 22 in Peterborough - also near the bottom. Rental yield here is 3.99%, which is moderate but not as compelling as the house numbers.
Here is some useful context. For houses, Lift Lock is averaging $1,017,859 and P.I.D.O is at $1,121,772. Beavermead is a more affordable entry point into Peterborough, but that also means less upside cushion when the market softens. South Central is the one neighbourhood priced below us for houses at $591,065, so we are not at the bottom of the city.
For condos, P.I.D.O is actually priced almost identically to Beavermead at $383,400, while South Central ($473,373) and Otonabee ($385,706) are both slightly higher. Beavermead condos are competitively priced, but that has not been enough to drive growth.
Your city assessment is a snapshot frozen in time. It does not know that Beavermead house values have dropped nearly 4% recently. It does not know the 3-month trend. It is basically a photo from last year telling you what you look like today.
The HonestDoor Price is updated in real time using actual market signals. Right now, for Beavermead homeowners, that difference matters a lot. If you are pricing a home to sell based on an old assessment, you could be starting the conversation in the wrong place entirely - either leaving money on the table or scaring off buyers with an unrealistic ask. Check your HonestDoor Price now, not six months from now when the city gets around to updating its numbers.
Here is the honest answer: the market is taking a breather. With house values down roughly 3.86% recently and condo values off 3.07%, this is not a seller's peak moment. Sitting at 23 out of 24 on the growth leaderboard means Beavermead is not leading the Peterborough recovery right now.
That said, if you need to sell this summer, here is what works in your favour. Rental yields on houses are strong at 5.41%, which means investor buyers are still interested. An Airbnb estimate of $149 per night for houses adds another angle for buyers looking at income potential. Those are real selling points.
If you can wait, waiting makes sense. If you cannot, price sharp from day one - do not anchor to last year's numbers. Use your HonestDoor Price as your starting point, not your wishful thinking. That is the move that gets your home sold without sitting on the market all summer.
beavermead | peterborough | 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.