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      Broadview Park, Sherwood Park - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Sherwood Park, Broadview Park

      Broadview Park, Sherwood Park: What Your Home Is Actually Worth Right Now

      The Vibe in Broadview Park

      If you live on a house lot in Broadview Park, here is the honest picture. The average HonestDoor Price sits at $2,271,542, and yes, it has dipped 4.46% from the previous period. But before you panic, look at the forward-looking number. The predicted market value for houses is $2,377,650 - that is up from the 3-month moving average of $2,240,910. The market is not falling apart. It took a short breather and is now climbing back.

      On the growth leaderboard, our houses rank 4 out of 51 neighbourhoods in Sherwood Park. That is a top-10% finish. If someone asks whether Broadview Park is a strong market for houses, the answer is yes - the data backs it up.

      • Average HonestDoor Price (Houses): $2,271,542
      • Predicted Market Value: $2,377,650
      • 3-Month Moving Average: $2,240,910
      • Recent Value Change: +8.37%
      • Growth Rank: 4 out of 51 neighbourhoods in Sherwood Park
      • Average Rental Estimate: $6,660 per month
      • Estimated Rent (forward): $6,875 per month
      • Rental Yield: 4.43%
      • Airbnb Estimate: $331 per night
      • Airbnb Rank in Sherwood Park: 17

      For condo owners, we are looking at a different story. The average HonestDoor Price is $391,386, up 1.74% from the previous period. The predicted value of $384,708 is slightly below the 3-month moving average of $396,630, and the recent change sits at -3.99%. Our condo growth ranks 25 out of 37 comparable neighbourhoods - that puts us in below-average territory right now. The condo side of Broadview Park is taking a breather. It is not a crisis, but it is worth watching.

      • Average HonestDoor Price (Condos): $391,386
      • Predicted Market Value: $384,708
      • 3-Month Moving Average: $396,630
      • Recent Value Change: -3.99%
      • Growth Rank: 25 out of 37 neighbourhoods in Sherwood Park
      • Average Rental Estimate: $2,010 per month
      • Rental Yield: 4.05%
      • Airbnb Estimate: $99 per night
      • Airbnb Rank in Sherwood Park: 24

      How We Stack Up Against the Neighbours

      Mills Haven and Strathcona Centre are both cheaper on the house side - $565,803 and $629,871 respectively. That gap is enormous. Broadview Park house prices are not in the same conversation. For condos, Strathcona Centre comes in at $374,195, which is close to our $391,386. We are holding a modest premium there. Bison Meadows shows up in the house comparison at $16,781,100 and Buckingham Business Park at $14,406,500 on the condo side - those are outliers likely driven by commercial or acreage properties, so do not read too much into those comparisons for a typical home.

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

      Here is the thing about your city assessment. It is a snapshot taken months ago, sometimes based on data that is over a year old. It does not know that house values in Broadview Park just moved 8.37% recently. It does not know the predicted value has climbed to $2,377,650. Your tax assessment is a rear-view mirror. The HonestDoor Price is the windshield.

      If you are a house owner in Broadview Park and you are still relying on last year's assessment to understand what your property is worth, you are likely looking at a number that does not reflect today's reality. The HonestDoor Price updates in real time. That is the difference between guessing and knowing.

      For condo owners, the same logic applies - but in the opposite direction. If your assessment is based on a stronger period, your HonestDoor Price may actually be telling you the market has softened. That is information you want before you make any decisions, not after.

      So What - Should You Sell This Summer?

      If you own a house in Broadview Park and you have been sitting on the fence, the data is nudging you toward action. A growth rank of 4 out of 51 means buyers looking at Sherwood Park are going to find Broadview Park on their shortlist. The predicted value is trending up. Rental demand is strong at $6,875 per month estimated. If your plan is to sell in the next few months, the window looks reasonable right now.

      For condo owners, the honest answer is - it depends on your timeline. The market is softer. A rank of 25 out of 37 means there are stronger-performing condo neighbourhoods in Sherwood Park competing for the same buyers. That does not mean you cannot sell, but it does mean pricing it right from day one matters more than ever. Check your HonestDoor Price, compare it to what similar units are actually closing at, and price with your eyes open.

      Either way, the smartest first move is knowing your real number. Not the assessment. Not a guess. The HonestDoor Price is the starting point for any conversation worth having about your home this summer.

      broadview park | sherwood park | october 2026

      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.

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