Broadmoor Centre, Sherwood Park - July 2026 Real Estate Report

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

The Vibe in Broadmoor Centre

If you've been watching the "For Sale" signs around Broadmoor Centre lately, here's the honest read: we're in a market that's taking a breather. Prices haven't fallen off a cliff, but they're not climbing either. Whether you own a house or a condo here, the numbers tell two pretty different stories - and both are worth paying attention to.

Houses: Still Premium, But Watch the Trend

Let's start with the good news. Houses in Broadmoor Centre are sitting at an average HonestDoor Price of $1,629,390. That's serious money, and it puts us well above most of Sherwood Park. For context, nearby Mills Haven averages $564,861 and Woodbridge Farms comes in at $482,069. We're in a different league.

That said, the market is signaling some caution. The predicted value sits at $1,650,965, but that's already sliding below the 3-month moving average of $1,692,182. Values have dipped 0.05% recently, and on the neighbourhood leaderboard, Broadmoor Centre houses rank 38 out of 54 neighbourhoods in Sherwood Park for growth. That's below average - not a crisis, but not something to ignore either.

• Average HonestDoor Price (Houses): $1,629,390
• Predicted Market Value: $1,650,965
• 3-Month Moving Average: $1,692,182
• Recent Price Change: -0.05%
• Growth Rank: 38 out of 54 in Sherwood Park
• Estimated Monthly Rent: $5,319
• Rental Yield: 4.81%
• Airbnb Potential: $263 per night

On the rental side, a 4.81% yield is genuinely solid for a home at this price point. If you're holding and not selling, that's a decent return. Airbnb ranks 20th in Sherwood Park, so short-term rental is a real option if you ever need flexibility.

Condos: The Numbers Need a Closer Look

Our condo market is where we need to have a real conversation. The average HonestDoor Price is $681,814, which sounds healthy - and compared to Woodbridge Farms condos at $217,202 or Mills Haven at $156,681, it absolutely is. But the trend line is pointing down harder than the house market.

The predicted value of $681,871 is well below the 3-month moving average of $725,167. Recent price change is -9.07%. And on the neighbourhood leaderboard, Broadmoor Centre condos rank 33 out of 37 in Sherwood Park. That puts us near the bottom of the pack for condo growth right now.

• Average HonestDoor Price (Condos): $681,814
• Predicted Market Value: $681,871
• 3-Month Moving Average: $725,167
• Recent Price Change: -9.07%
• Growth Rank: 33 out of 37 in Sherwood Park
• Estimated Monthly Rent: $3,089
• Rental Yield: 3.53%
• Airbnb Potential: $155 per night

A 3.53% rental yield is moderate - not bad, but not exciting. If you own a condo here and have been sitting on the fence about selling, this data is worth taking seriously before that gap between predicted value and the moving average widens further.

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

Here's something most homeowners don't realize. Your city assessment is a snapshot from the past - often based on data that's 12 to 18 months old by the time it lands in your mailbox. A lot can change in that time, and right now, a lot IS changing.

The HonestDoor Price is updated in real time using current sales data, market signals, and local comparables. It's the real-world check against that static government number. For a house worth $1.6 million, even a 1% difference between your assessment and your actual market value is $16,000. For a condo sliding 9% in recent months, the gap could be much larger - and that affects everything from your insurance coverage to your negotiating position when you sell.

Check your HonestDoor Price now. Don't wait for a piece of mail to tell you what your home was worth last year.

So What Does This Mean If You're Thinking About Selling This Summer?

If you own a house in Broadmoor Centre, you're still holding a premium asset. But the 3-month moving average is drifting down, and sitting at rank 38 of 54 for growth means momentum is not on your side right now. Summer is historically one of the stronger selling windows. If you've been thinking about listing, waiting for the market to "come back" is a gamble - not a strategy.

If you own a condo, the urgency is higher. A -9.07% recent price change and a bottom-quartile growth rank are signals that the window for top dollar may be narrowing. A strong summer listing, priced sharp against current HonestDoor data rather than last year's assessment, gives you the best shot at capturing value before the trend settles lower.

Either way, the move right now is to know your real number - not the government's number from 18 months ago. Start with your HonestDoor Price, then have the conversation about timing. That's how neighbours here make smart decisions.

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.