If you own property in Burns Industrial and you've been assuming your city assessment tells the full story, it's time for a real conversation. Prices have moved - and not in the direction most owners are hoping for. Here's what the numbers actually say.
We're seeing two different stories play out right now, and neither one is a slam dunk.
Houses: The average HonestDoor Price for a house in Burns Industrial sits at $466,874 - down 2.60% from the previous period. The predicted market value is $479,316, but that number is sliding. The 3-month moving average is $501,633, which means the trend line is pointing the wrong way - a drop of about 7.17% recently. On the neighbourhood leaderboard, our houses rank 221 out of 238 in Calgary for growth. That puts us firmly in the bottom tier. Not a great place to be if you're waiting for values to climb on their own.
Condos: The condo picture is a little different. The average HonestDoor Price is $184,940, down 5.38%. The predicted value is $195,460, and here's the one bright spot - that number is actually ticking up slightly from the 3-month moving average of $193,683. On the leaderboard, condos rank 177 out of 216 in Calgary for growth. Still bottom-half, but the short-term momentum is at least pointing upward.
One thing worth noting for house owners: that 5.63% rental yield is genuinely strong. If selling feels premature, renting is a real option worth running the numbers on. Condos at 4.35% are more moderate, but still respectable.
Here's the thing about city assessments - they're a snapshot from months ago, sometimes longer. They don't know what happened to prices last quarter. They don't know that Burns Industrial houses have dropped roughly 7% recently. Your tax assessment is basically a history book. The HonestDoor Price is today's newspaper.
If you're making any financial decision - refinancing, selling, even just figuring out your net worth - using a stale government number is like navigating with an old map. The HonestDoor Price pulls in real-world market signals and updates continuously. For us in Burns Industrial, where values are actively shifting, that difference isn't just academic. It could be tens of thousands of dollars in either direction.
Check your HonestDoor Price now. Don't wait for the city to catch up.
Straight talk: Burns Industrial is taking a breather right now, and the data suggests it's not a quick pause. Houses are down on both the short-term and medium-term trend. We're near the bottom of the Calgary neighbourhood leaderboard for growth. That's not a reason to panic, but it is a reason to move with intention if selling is on your mind.
Nearby neighbourhoods like East Fairview Industrial (HonestDoor Price $579,200) and 09 H ($573,100) are priced noticeably higher. That gap matters when buyers are comparison shopping. We're not the most expensive option in the area, which can work in your favour on volume - but it also means you can't price aggressively and expect the market to meet you.
If you're a house owner thinking about listing this summer, the window to act before further softening is real. Waiting for a rebound that the current trend doesn't support is a gamble. If you own a condo, the slight uptick in predicted value is a small green light - but don't read too much into it given the broader growth ranking.
Bottom line: get your HonestDoor Price, compare it honestly to what you paid or what you owe, and make a decision based on today's market - not last year's assessment.
burns industrial | calgary | september 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.