Bonaventure Industrial, Edmonton - October 2026 Real Estate Report
Bonaventure Industrial, Edmonton: Prices Are Sliding - Here Is What You Need to Know Right Now
If you own property in Bonaventure Industrial and you have not checked your numbers lately, this is your nudge. Values are moving - and not in the direction most owners are hoping for. Here is the straight story on what is happening in our corner of Edmonton.
The Vibe: Houses vs. Condos
We are seeing two different stories play out right now, and neither one is screaming "hot market." Let us break it down.
Houses
If you have been watching the "For Sale" signs in Bonaventure Industrial, here is what is actually happening on the house side. The average HonestDoor Price sits at $391,246, down 0.41% from the previous period. That might sound small, but the predicted market value of $392,867 is already tracking below the 3-month moving average of $402,460 - a drop of about 2.25% in recent movement. That is a real number coming off real value.
- Average HonestDoor Price: $391,246 (down 0.41%)
- Predicted Market Value: $392,867
- 3-Month Moving Average: $402,460
- Recent Value Change: -2.25%
- Average Sale Price: $112,302
- Price Per Square Foot: $73
- Estimated Monthly Rent: $2,018
- Rental Yield: 5.83%
- Neighbourhood Leaderboard - Growth Rank: 162 out of 285 (below average)
- Neighbourhood Leaderboard - Price Rank: 284 out of 285 (among the most affordable in Edmonton)
One house sold last month. That is a thin market. Low sales volume means prices are harder to pin down and easier to push around. The one bright spot? A rental yield of 5.83% is genuinely solid. If you are holding this as an investment property, the income story is stronger than the appreciation story right now.
On the neighbourhood leaderboard, houses here rank 284 out of 285 for price in Edmonton. That is about as affordable as it gets in this city - which cuts both ways. It is a low entry point for buyers, but it also means there is not a lot of price pressure pushing values up from below.
Condos
The condo picture is rougher. The average HonestDoor Price is $315,633, down 1.94% from the previous period. The predicted value of $321,867 is sitting well below the 3-month moving average of $343,433. That gap - nearly $22,000 - tells us the trend is still heading south. Recent value change clocks in at -5.93%. That is not a blip. That is a slide worth paying attention to.
- Average HonestDoor Price: $315,633 (down 1.94%)
- Predicted Market Value: $321,867
- 3-Month Moving Average: $343,433
- Recent Value Change: -5.93%
- Estimated Monthly Rent: $1,720
- Rental Yield: 4.16%
- Neighbourhood Leaderboard - Growth Rank: 287 out of 297 (bottom performers in Edmonton)
A growth rank of 287 out of 297 puts Bonaventure Industrial condos near the very bottom of Edmonton's neighbourhood leaderboard. That is a hard stat to ignore. The rental yield of 4.16% is moderate - not bad, but not enough on its own to offset the value erosion we are seeing.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that values in Bonaventure Industrial have been drifting down over the last quarter. It does not know about the 3-month moving average dropping. It is basically a photograph of a market that has already moved on.
The HonestDoor Price is updated in real time. It is pulling in current sales data, market movement, and neighbourhood trends - not last year's numbers. Right now, with house values down 2.25% and condo values down nearly 6% in recent movement, the gap between what the city thinks your property is worth and what it would actually sell for today could be significant. That gap matters if you are thinking about selling, refinancing, or just trying to understand what you actually own.
Check your HonestDoor Price now - not when the next assessment arrives in the mail.
The So What - What This Means If You Are Thinking About Selling This Summer
Straight talk: this is not the easiest market to sell into right now. Values are taking a breather - and in the condo segment, it is more than a breather. Here is how to think about it.
- If you own a house and are thinking about selling, the rental yield of 5.83% means holding and renting is a legitimate option worth running the numbers on before you list.
- If you own a condo, the -5.93% recent value change is a signal to move sooner rather than later if selling is the plan. Waiting for a rebound that is not yet showing up in the data is a gamble.
- Bonaventure Industrial is one of Edmonton's most affordable neighbourhoods by price rank. That attracts a specific buyer - price-sensitive, practical, not chasing prestige. Price your property for that buyer, not for the neighbourhood next door.
- Wellington next door has an average HonestDoor Price of $1,204,124 for houses. That is a completely different buyer pool. Do not let nearby luxury numbers inflate your expectations.
The bottom line: know your real number before you make any moves. Your HonestDoor Price is the most current read you have got on what your property is actually worth in today's market - not last year's market, not the city's best guess. Start there.
bonaventure industrial | 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.