HonestDoor

    Belvedere, Belcarra - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Belcarra, Belvedere

    Belvedere Prices Dipped - But the Rebound Signal Is Already Flashing

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Belvedere, here's what's actually happening. The average HonestDoor Price for a house here sits at $1,687,853 - down 5.03% from the previous period. That sounds like bad news, but hold on. The predicted market value is already climbing to $1,777,187, which is running ahead of the 3-month moving average of $1,690,629. In plain terms, the market took a breather, and it looks like it's waking back up.

    We're talking about houses here, and the story is one of short-term softness with a forward lean. A 6.09% recent change in property values and a growth rank of 1 out of 3 neighbourhoods in Belcarra means Belvedere is sitting at the top of the local leaderboard right now. That's not nothing.

    The Numbers at a Glance

    • Average HonestDoor Price: $1,687,853 (down 5.03% from previous period)
    • Predicted Market Value: $1,777,187 (above the 3-month average of $1,690,629)
    • Recent Value Change: 6.09%
    • Growth Rank in Belcarra: 1 out of 3 - top of the neighbourhood leaderboard
    • Average Rental Estimate: $6,014 per month
    • Predicted Rental Estimate: $6,251 per month
    • Rental Yield: 3.91% - moderate but real returns
    • Airbnb Estimate: $299 per night
    • Airbnb Rank in Belcarra: 2

    The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here's the thing most homeowners miss. Your BC Assessment is a snapshot from July 1st of last year. It does not know what happened to prices in the last six months. It does not know that Belvedere is currently outpacing its neighbours in growth. It is, bluntly, old news.

    The HonestDoor Price is updated in real time using actual market signals. Right now it's showing a predicted value of $1,777,187 - nearly $90,000 above the current average HonestDoor Price. That gap is your real-world check. If you're making any decision about your home - refinancing, selling, or just knowing where you stand - the HonestDoor Price is the number to look at, not the one on your tax notice.

    How Does Belvedere Stack Up Against the Neighbours?

    Context matters when you're pricing a home. Here's where Belvedere sits on the map:

    • Twin Islands - HonestDoor Price $740,400, Rental $3,460. Significantly cheaper than Belvedere.
    • Woodhaven - HonestDoor Price $3,018,062, Rental $9,096. A much higher price point.
    • Anmore - HonestDoor Price $2,750,547, Rental $8,616. Also well above Belvedere pricing.

    Belvedere sits in the middle of this range. It's not the entry-level option, and it's not the top-dollar pick either. For buyers who can't stretch to Woodhaven or Anmore, Belvedere is a serious alternative - and that buyer demand is part of what keeps this market competitive.

    The So What - Should You Sell This Summer?

    If you're thinking about listing this summer, the timing conversation is more interesting than the recent 5% dip suggests. The predicted value is already trending above the current average, and Belvedere holds the number one growth rank in Belcarra right now. That's the kind of stat that shows up in buyer research.

    On top of that, a rental yield of 3.91% and an Airbnb rate of $299 per night give buyers a clear income story if they're weighing their options. That broadens your buyer pool - investors and owner-occupiers are both looking at this.

    The short version - if you've been sitting on the fence, check your HonestDoor Price today. The gap between where values dipped and where they're predicted to go is closing. Waiting for your next tax assessment to tell you what your home is worth means waiting for yesterday's answer.

    belvedere | belcarra | july 2026

    This 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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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