Buckingham Business Park, Sherwood Park - August 2026 Real Estate Report

Buckingham Business Park Is Playing Two Very Different Games Right Now

If you own property in Buckingham Business Park, Sherwood Park, the story depends entirely on what you own. Houses and condos are moving in opposite directions - and knowing which side you're on could change what you do next.

The Vibe: Houses vs. Condos

Let's start with houses. The average HonestDoor Price for a house here sits at $6,039,762 - but it has pulled back 17.22% from the previous period. That's not a small dip. The market is taking a breather on the residential side. That said, the predicted market value is $7,296,078, which is actually creeping up past the 3-month moving average of $7,252,700. So the forward-looking signal is cautiously positive, even if recent pricing has softened.

On the leaderboard, our houses rank 14 out of 54 comparable neighbourhoods in Sherwood Park for growth. That puts us in above-average territory - not leading the pack, but solidly ahead of the middle of the field.

• Average HonestDoor Price (Houses): $6,039,762
• Recent price change: -17.22%
• Predicted market value: $7,296,078
• 3-month moving average: $7,252,700
• Estimated monthly rent: $12,666
• Rental yield: 3.02%
• Airbnb rank in Sherwood Park: 7
• Growth rank: 14 out of 54 neighbourhoods

Condos are a different story. The average HonestDoor Price for a condo here is $14,136,800 - up 2.31% from the previous period. The predicted market value is $13,816,950, climbing past a 3-month moving average of $13,646,517. Condo values have moved 3.74% recently, and on the neighbourhood leaderboard, we rank 9 out of 37 comparable areas in Sherwood Park. That is a strong position. Condo owners here are sitting near the top of the class.

• Average HonestDoor Price (Condos): $14,136,800
• Recent price change: +2.31%
• Predicted market value: $13,816,950
• 3-month moving average: $13,646,517
• Estimated monthly rent: $21,230
• Airbnb rank in Sherwood Park: 1 (top spot)
• Growth rank: 9 out of 37 neighbourhoods

Worth noting - nearby neighbourhoods like Pickseed Industrial ($4,248,280), Centennial Wetlands ($4,104,100), and Shivam Park ($3,082,600) are all priced well below us on the house side. We are not the cheap option in this corner of Sherwood Park. That matters when buyers are comparing.

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 what happened to house prices in the last quarter. It does not know that condo values here have been climbing past their own moving averages. It is basically a photo of a market that has already moved on.

The HonestDoor Price is updated in real time. It is pulling in current sales data, current market signals, and current demand - not last year's numbers. For house owners, that 17.22% pullback is something your tax assessment almost certainly has not caught up to yet. For condo owners, the 2.31% gain and the upward momentum past the 3-month average? Your assessment probably is not reflecting that either.

Checking your HonestDoor Price right now is not just a curiosity exercise. It is the difference between knowing what your property is actually worth today versus guessing based on a government document that was already out of date when it arrived in your mailbox.

The "So What?" - Thinking About Selling This Summer?

If you own a condo here, the timing conversation is genuinely interesting. Values are up, the growth rank is strong (top 9 out of 37), and Buckingham Business Park holds the number one Airbnb rank in all of Sherwood Park for condos. Buyer interest in income-generating properties is real. Summer inventory tends to be competitive - getting your HonestDoor Price dialed in now, before the market gets crowded, gives you a real edge in pricing conversations.

If you own a house, do not panic about the 17.22% pullback - but do not ignore it either. The predicted value of $7,296,078 is still well above the current average HonestDoor Price, which suggests the market sees upside. The question is timing. Listing into a softening moment is harder than listing into momentum. Watch the HonestDoor Price over the next few weeks. If it starts closing the gap toward that predicted value, that is your green light.

Either way, the worst move right now is relying on a static assessment to make a dynamic decision. The market is moving. Your information should be too.

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.