Broadmoor Centre, Sherwood Park - August 2026 Real Estate Report

Broadmoor Centre, Sherwood Park: Here Is What Your Home Is Actually Worth Right Now

If you have been assuming your city assessment tells the full story, it does not. The numbers on the ground in Broadmoor Centre are moving, and the gap between what the government thinks your home is worth and what a buyer would actually pay is wider than most people realize. Here is the real talk.

The Vibe: Houses vs. Condos in Broadmoor Centre

We are sitting in premium territory here. Broadmoor Centre is not your average Sherwood Park neighbourhood, and the numbers back that up.

Houses - The average HonestDoor Price for a house here is $1,583,239. That is serious money. The predicted market value sits at $1,629,390, though that number is trending down slightly - it is off the 3-month moving average of $1,644,053 by about $15,000. Values have dipped 1.31% recently, and the broader HonestDoor average is down 2.83% from the previous period. The market is taking a breather. On the neighbourhood leaderboard, our houses rank 20 out of 54 comparable neighbourhoods in Sherwood Park for growth - that puts us in above-average territory, which matters when you are deciding whether to hold or sell.

• Average HonestDoor Price (Houses): $1,583,239
• Predicted Market Value: $1,629,390
• 3-Month Moving Average: $1,644,053
• Recent Value Change: -1.31%
• Growth Rank: 20 out of 54 in Sherwood Park (above average)
• Estimated Monthly Rent: $5,292
• Rental Yield: 4.82%
• Airbnb Potential: $263 per month

Condos - The condo story is a bit different. The average HonestDoor Price is $690,700, and unlike houses, condos here are actually up 1.30% from the previous period - a small but real positive signal. The predicted market value is $681,814, which is running just below the 3-month moving average of $704,524. So while the direction is slightly positive on the HonestDoor side, the short-term trend is still softening. On the leaderboard, condos rank 29 out of 37 comparable neighbourhoods - that puts us in below-average growth territory for condos specifically. Worth knowing if you own one.

• Average HonestDoor Price (Condos): $690,700
• Predicted Market Value: $681,814
• 3-Month Moving Average: $704,524
• Recent Value Change: -0.01%
• Growth Rank: 29 out of 37 in Sherwood Park (below average)
• Estimated Monthly Rent: $3,110
• Rental Yield: 3.51%
• Airbnb Potential: $155 per month

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 taken months ago, sometimes longer. It does not know that house prices in Broadmoor Centre have shifted 2.83% recently. It does not know what buyers are actually offering right now. It is a static number in a moving market.

The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government formula that gets refreshed once a year. For a house sitting at $1,583,239 on HonestDoor, even a 2-3% swing is $30,000 to $50,000 in real money. Your tax assessment will not tell you that. Your HonestDoor Price will.

Think of it this way - your assessment tells you what your home was worth. Your HonestDoor Price tells you what it is worth today. In a market that is actively moving, that difference is not a small detail. It is the difference between pricing your home right and leaving money on the table.

The So What - Should You Sell in Broadmoor Centre This Summer?

If you own a house here and you are thinking about selling, the honest answer is: the window is open, but it is not getting wider. Prices are softening slightly - down 1.31% in the short term and 2.83% over the broader period. We are still ranked above average on the neighbourhood leaderboard at 20 out of 54, which means Broadmoor Centre is holding up better than most. But waiting for prices to climb back up is a gamble right now.

For condo owners, the calculus is tougher. A below-average growth rank of 29 out of 37 and a predicted value running below the 3-month average suggests the condo segment here is under more pressure. If selling is on your radar, sooner is probably smarter than later.

One more thing worth knowing - compare us to our neighbours. Shivam Park houses are averaging $3,082,600, which tells you there is a premium tier above us in this area. Woodbridge Farms and Mills Haven are both significantly cheaper. Broadmoor Centre sits in a strong middle-to-upper position in this pocket of Sherwood Park. That is a real selling point when you are marketing to buyers who want the area but cannot stretch to Shivam Park prices.

Bottom line - check your HonestDoor Price today. Not next month. The market is moving, and the number on your assessment notice is already old news.

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.