Broadview Park, Sherwood Park - August 2026 Real Estate Report

Broadview Park Is Quietly Outperforming Most of Sherwood Park Right Now

If you own property in Broadview Park and you haven't checked your HonestDoor Price lately, you're probably sitting on more than you think. This neighbourhood is punching well above its weight, and the numbers back that up.

The Vibe: What's Happening With Houses and Condos

Let's break it down for us locals.

Houses are the real story here. The average HonestDoor Price sits at $2,193,940, up 1.99% from the previous period. The predicted market value is $2,151,140, and that number is climbing - it's already above the 3-month moving average of $2,109,603. That's not a fluke. That's a trend.

• Average HonestDoor Price: $2,193,940
• Recent value change: 5.41%
• Growth rank: 6 out of 54 neighbourhoods in Sherwood Park
• Estimated rent: $6,499 per month
• Rental yield: 4.49%
• Airbnb potential: approximately $323 per night

That growth rank is the stat we should all be talking about. Out of 54 comparable neighbourhoods in Sherwood Park, Broadview Park houses rank 6th for growth. That puts us in the top 12% of the city. Not bad for a neighbourhood that doesn't always make the headlines.

Condos are a different picture - still solid, but taking a bit of a breather. The average HonestDoor Price is $400,697, down a modest 0.94% from the previous period. The predicted value of $404,485 is actually nudging higher than that, sitting above the 3-month moving average of $401,133, so the short-term direction is still positive.

• Average HonestDoor Price: $400,697
• Recent value change: 4.85%
• Growth rank: 5 out of 37 neighbourhoods in Sherwood Park
• Estimated rent: $2,058 per month
• Rental yield: 4.01%
• Airbnb potential: approximately $102 per night

Condos rank 5th out of 37 in Sherwood Park for growth. That's top 14%. If you own a condo here, that small dip in the HonestDoor Price is noise. The bigger trend is still working in your favour.

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

Here's the thing about your city assessment - it's a snapshot from the past. It's calculated using data that can be months or even over a year old by the time it lands in your mailbox. A lot can change in that time, and in Broadview Park, a lot has.

The HonestDoor Price is updated in real time. It reflects what's actually happening in the market right now - not what was happening when a government assessor last ran the numbers. With house values up 5.41% recently and sitting near $2.2 million, the gap between your assessment and your actual market position could be significant.

That gap matters whether you're selling, refinancing, or just trying to understand what your biggest asset is actually worth. Don't let a stale number be the one you're making decisions from.

The So What - Should You Sell This Summer?

If you've been thinking about listing, here's the honest take.

For house owners, the conditions are about as good as they get. You're in a top-6 growth neighbourhood, values are trending up, and buyers looking at Broadview Park aren't finding many cheaper alternatives nearby - Mills Haven averages $562,078 and Strathcona Centre sits at $633,464. Your price point is in a different league, and buyers who want what Broadview Park offers know that.

For condo owners, the slight dip in the HonestDoor Price is worth watching but not worth panicking over. The predicted value is higher than the current average, and the growth rank of 5th in the city means demand isn't going anywhere. If your timeline is flexible, holding isn't a bad call. If you need to move, you're still in a strong position compared to most of Sherwood Park.

Either way - check your HonestDoor Price before you do anything else. It's the real-world number, and right now in Broadview Park, that number is telling a pretty good story.

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.