Buckingham Business Park, Sherwood Park - October 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 here are moving in opposite directions - and knowing which side you're on could be worth a serious amount of money this summer.
The Vibe: Houses vs. Condos
Houses - Holding Strong With Real Momentum
We're looking at an average HonestDoor Price of $6,284,275 for houses here. Yes, that's down 5.28% from the previous period - the market is taking a breather. But here's the part that matters: the predicted market value sits at $6,634,675, and our growth rate ranks 2 out of 51 neighbourhoods in Sherwood Park. That's not a typo. Second out of fifty-one. That puts us in genuinely elite company for the area.
- Average HonestDoor Price: $6,284,275
- Predicted Market Value: $6,634,675
- 3-Month Moving Average: $6,656,838
- Recent Value Change: +9.85%
- Growth Rank: 2 out of 51 neighbourhoods in Sherwood Park
- Average Rental Estimate: $13,070 per month
- Estimated Rent (Houses): $13,379 per month
- Rental Yield: 2.92%
- Airbnb Estimate: $651 per night
- Airbnb Rank in Sherwood Park: 7
The rental picture is solid too. Nearly $13,400 a month in estimated rent with a 2.92% yield tells us this is a market where holding a house actually pays you back. Compare that to nearby Pickseed Industrial at $4,324,980 or Shivam Park at $3,118,033 - we're in a different league on price, and the income potential reflects that.
Condos - A Correction Worth Watching
The condo side is a different conversation. The average HonestDoor Price is $14,406,500 - up 6.27% from the previous period, which sounds great. But the predicted market value has pulled back to $13,556,850, and the 3-month moving average sits at $13,836,867. The recent value change is -4.10%, and the growth rank is 27 out of 37 neighbourhoods. That puts condos in below-average territory right now.
- Average HonestDoor Price: $14,406,500
- Predicted Market Value: $13,556,850
- 3-Month Moving Average: $13,836,867
- Recent Value Change: -4.10%
- Growth Rank: 27 out of 37 neighbourhoods in Sherwood Park
- Average Rental Estimate: $21,700 per month
- Estimated Rent (Condos): $21,020 per month
- Rental Yield: -0.36%
- Airbnb Estimate: $1,078 per night
- Airbnb Rank in Sherwood Park: 1 (top spot)
That -0.36% rental yield is the number to flag. It means at current prices, the rent coming in doesn't quite cover the cost of holding. The one bright spot? Condos here hold the number 1 Airbnb rank in all of Sherwood Park. If you're running a short-term rental, that top ranking matters. But if you're a long-term buy-and-hold investor, the math needs a second look.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what happened to values last quarter. It doesn't react to a shifting 3-month moving average. It just sits there, frozen in time, while the market keeps moving.
The HonestDoor Price is updated in real time. For house owners here, that means seeing the gap between the $6,284,275 average and the $6,634,675 predicted value - a difference of roughly $350,000. That gap is your negotiating room. That's the number a buyer's agent is going to know. You should know it first.
For condo owners, it's even more critical. If your tax assessment was set when values were climbing, it may now be sitting above where the market actually is. That affects everything from what you list at to what you can realistically expect to close at. Don't walk into a sale using last year's number.
The So What - Thinking About Selling This Summer?
If you own a house in Buckingham Business Park, this summer is worth a serious conversation. A top-2 growth rank in Sherwood Park is a real selling point - buyers doing their homework will see it. The market is slightly off its peak, but the fundamentals are strong. Pricing it right against the predicted value of $6,634,675 rather than chasing the top puts you in a position to actually close.
If you own a condo, patience might be your best move. The -4.10% recent change and a yield that's slightly underwater suggest the market is recalibrating. That said, the number 1 Airbnb rank in Sherwood Park is a legitimate asset to market. If your unit has short-term rental potential, lean into that story hard - it separates you from every other listing in the area.
Either way, pull your HonestDoor Price before you do anything else. It takes two minutes and it gives you the real-world number - not the government's best guess from six months ago.
buckingham business park | sherwood park | october 2026This 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.