If you have been watching the "For Sale" signs on your street and wondering what your place is actually worth right now, here is the straight story on Big Springs. The market is moving in two very different directions depending on what you own - and the gap matters for your wallet.
We are seeing some real action on the house side. The average sale price hit $455,000 this month, up 13.4% from last month. That is a number that gets your attention. Listings are sitting at an average of $466,600, and price per square foot is running around $353.
Here is the honest part though. Homes are sitting 30 days on average before selling, which is longer than nearby Waterstone at 23 days. The predicted market value is $406,420, and that number has dipped 1% recently. So while the monthly sale price jumped, the underlying trend is taking a breather. Buyers are paying below list price. This is not a panic situation - but it is not a feeding frenzy either.
The good news for landlords and investors: a 5.81% rental yield on a house in Big Springs is genuinely solid. At $2,154 per month in estimated rent, this neighbourhood punches above its weight for income-focused owners.
We will be straight with you. The condo market in Big Springs is soft right now. Only 1 condo sold this month, sitting on the market for 76 days before it moved. That is nearly twice as long as nearby Edgewater at 42 days. The average sale price came in at $150,000, with properties selling at 94.10% of list - meaning buyers are getting real discounts.
Condo values have dropped 4.25% recently, and the predicted value of $228,697 is trending below the 3-month moving average of $233,621. If you own a condo here, that is a conversation worth having with your numbers before you assume your city assessment reflects reality.
Here is something most homeowners do not think about until it is too late. Your city assessment is a snapshot from months ago - sometimes longer. It does not know that house prices in Big Springs jumped 13.4% in a single month, and it does not know that condo values have slipped 4.25% recently. It is essentially a photo of a market that has already moved on.
The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. For houses, that means the HonestDoor Price of $417,474 reflects what is happening on your street today - not what happened last year. For condo owners, it is an honest flag that your unit may be worth less than your assessment suggests, which matters if you are planning to sell, refinance, or even just benchmark your net worth.
Waiting for the next tax assessment to figure out what your home is worth is like checking last year's weather forecast before you head outside. Check your HonestDoor Price now - it is the real-world number, not the government's best guess from six months ago.
If you own a house in Big Springs and you are thinking about listing this summer, the timing has some real upside - but you need to go in with clear eyes.
If you own a condo and are thinking about selling this summer, the honest advice is to move carefully. With only 1 sale this month, 76 days on market, and values trending down, you are in a buyer's market. That does not mean you cannot sell - it means you need to price aggressively from the start and not wait for the market to come to you. It probably will not.
Bottom line: Big Springs is a tale of two property types right now. Houses have momentum. Condos are taking a breather. Either way, knowing your real number - your HonestDoor Price - is the first move before you make any decision this summer.
big springs | airdrie | 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.