Bisset, Edmonton - July 2026 Real Estate Report

Bisset, Edmonton: Your Neighbour's House Might Be Worth More Than You Think

If you live in Bisset and you haven't checked your home's value lately, now is the time. The city's assessment is already behind the curve - and the gap between what the city thinks your home is worth and what buyers are actually paying is real money.

The Vibe: What's Happening in Bisset Right Now

Houses - Strong Demand, Fast Sales

If you've been watching the "For Sale" signs in Bisset, here's what's actually happening. Houses are moving fast - 13 days on market on average. That's quicker than nearby Weinlos at 16 days, which tells us buyers are choosing Bisset first. When homes sell in under two weeks, this neighbourhood is not sitting still.

• Average HonestDoor Price: $436,292
• Average assessed value: $429,158
• Average sale price (2026): $369,250
• Price per square foot: $356
• Sold at 102.20% of list price - buyers paid above asking
• 4 properties sold, 13 days average on market
• Estimated rent: $2,246 per month
• Rental yield: 5.77% - that's a strong return
• Days-on-market rank: 12 out of 103 in Edmonton - top tier speed
• Neighbourhood growth rank: 142 out of 302 - above average on the Edmonton leaderboard

The sale price is down 14.8% from last month, but context matters here. With only 4 sales, one or two lower-priced transactions can swing that average hard. The predicted market value sits at $432,003 and is trending up from the 3-month moving average of $431,954. The underlying value is holding steady and nudging higher.

Compared to neighbours, Bisset houses come in above Weinlos ($422,053) and Pollard Meadows ($413,009), and right in line with Daly Grove ($438,188). We're not the cheapest house on the block - and that's a good thing.

Condos - A Buyer's Market Worth Watching

The condo picture in Bisset is a different story, and we should be honest about it. Condos are sitting longer - 45 days on market - and selling at 96.63% of list price, meaning buyers have some room to negotiate. This is a stable buyers' market right now.

• Average HonestDoor Price: $146,915
• Average assessed value: $230,345
• Average sale price (2026): $208,500
• Price per square foot: $167
• Sold at 96.63% of list price - below asking
• 2 properties sold, 45 days average on market
• Estimated rent: $804 per month
• Rental yield: 4.33% - moderate but workable
• Growth rank: 84 out of 296 in Edmonton - solidly above average on the leaderboard

Here's the number that stands out: the city's assessed value for condos is $230,345, but the HonestDoor Price is $146,915. That's a 36% gap. If you're a condo owner in Bisset using the city's number to make decisions, you could be working with a very inaccurate picture. The predicted value of $147,381 is actually trending up from the 3-month average of $145,178, so there's a slow positive move happening - but the city assessment is not reflecting real-world market conditions.

One bright spot: Bisset condos still beat Weinlos ($135,151) in HonestDoor Price, and the growth rank of 84 out of 296 puts us in the top third of Edmonton neighbourhoods. That's not nothing.

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

The city assesses 825 houses and 158 condos in Bisset once a year. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price updates in real time using actual sales data, current listings, and neighbourhood trends - not a snapshot from months ago.

For houses, the HonestDoor Price of $436,292 is already $7,134 higher than the city's assessed value of $429,158. That difference is 1.66% above the Edmonton average gap. For condo owners, the story is even more important - the city's number is dramatically higher than what the market is actually paying. Knowing the real number protects you whether you're selling, refinancing, or just making smart financial decisions.

Think of the HonestDoor Price as the real-world check. The city assessment is a tax tool. The HonestDoor Price is what a buyer would actually put on a contract today.

The "So What?" - Thinking About Selling This Summer?

For house sellers, the timing has real merit. Homes in Bisset are selling in 13 days and buyers are paying over list price. That's a sellers' market signal, even if it's taking a bit of a breather on the average sale price side. With 38 total transactions in 2026 and a total transaction rank of 45 in Edmonton, Bisset has genuine buyer activity - not a ghost town.

Here's the practical read for anyone thinking about listing this summer:

• Houses are selling fast and above asking - price it right and you won't be waiting long
• The HonestDoor Price of $436,292 gives you a current anchor - use it, not the city's number
• Neighbourhood growth of 0.10% year over year is modest but consistent - Bisset is not losing ground
• Bisset outpaces Weinlos and Pollard Meadows on growth - we're the stronger performer in this pocket of Edmonton
• Condo sellers need to price realistically - the market is paying around $208,500, not the assessed value of $230,345
• Rental demand is solid - if selling isn't the plan, a house renting at $2,246 per month with a 5.77% yield is a legitimate hold strategy

Bottom line: if you own a house in Bisset, this summer is a reasonable window to act. If you own a condo, go in with eyes open on pricing - the city's assessment will not help you here. Check your HonestDoor Price first, then have the conversation.

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.