Cashman, Edmonton - September 2026 Real Estate Report

Cashman, Edmonton: Your Neighbour-to-Neighbour Market Update

The Headline: Cashman Is Holding Its Ground - But the Numbers Tell Two Very Different Stories

If you own a home in Cashman and you have been watching the market, here is the honest read: houses are taking a breather while condos are sitting at some of the highest price points in all of Edmonton. This is not a neighbourhood in freefall - it is a neighbourhood in transition, and knowing which side of that story you are on matters a lot right now.

The Vibe: Houses vs. Condos in Cashman

Houses

Our houses are averaging a HonestDoor Price of $503,785 right now. That is down 2.83% from the previous period, so yes, we are seeing a bit of a pullback. But here is the thing - the predicted market value for houses sits at $518,444, and that number is actually climbing above the 3-month moving average of $514,502. That upward trend in predicted value tells us the dip may be short-lived.

• Average HonestDoor Price: $503,785 (down 2.83%)
• Predicted Market Value: $518,444 (trending up from $514,502 three-month average)
• Recent Value Change: up 1.54%
• Average Rental Estimate: $2,511 per month
• Rental Yield: 5.60% - that is a strong return for landlords
• Airbnb Estimate: $124 per night
• Neighbourhood Growth Rank: 60 out of 291 Edmonton neighbourhoods - that puts us in the above-average tier on the leaderboard

For context, our houses are priced below nearby Blackmud Creek ($616,644), Ellerslie Industrial ($688,002), and Richford ($856,930). If buyers are getting priced out of those areas, Cashman houses look like a real option - and that demand pressure is not nothing.

Condos

This is where Cashman gets interesting. Our condos are not your typical Edmonton condo story. The average HonestDoor Price is $901,000, and the average sale price is sitting at $947,500. The predicted market value is $927,015, though that number is dipping slightly below the 3-month moving average of $935,969 - so condos are taking a small breather too.

• Average HonestDoor Price: $901,000 (down 2.81%)
• Average Sale Price: $947,500
• Price Per Square Foot: approximately $309
• Predicted Market Value: $927,015 (slight dip from $935,969 three-month average)
• Average Rental Estimate: $3,930 per month
• Rental Yield: 3.01% - moderate, but the asset value is doing the heavy lifting here
• Airbnb Estimate: $195 per night - ranked 24th in all of Edmonton for Airbnb potential
• Price Rank: 2nd out of 216 Edmonton neighbourhoods - we are near the very top of the city
• Growth Rank: 142 out of 302 - sitting in the above-average range on the leaderboard

Being ranked 2nd in price out of 216 neighbourhoods is not a small thing. Cashman condos are competing with the most premium addresses in the city. Nearby condo comparables in Blackmud Creek ($222,166), Ellerslie Industrial ($453,332), and Richford ($465,412) are not even in the same conversation price-wise.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for Your Tax Assessment

Here is the problem with your city assessment: it is a snapshot from the past. The city looks at sale data from months ago, runs it through a formula, and mails you a number that is already stale by the time it hits your mailbox. It does not know about the rate shifts that happened last quarter or the sale that closed down the street last week.

The HonestDoor Price is updated in real time. It pulls from current market activity, not a government calendar. Right now, with house values showing a 1.54% recent uptick in predicted value and condo prices ranked second in the entire city, the gap between what the city thinks your home is worth and what a buyer would actually pay could be significant - in either direction. If you are a condo owner, your assessment might be underselling you. If you own a house, you want to know if that 2.83% dip is already correcting before you make any decisions. The HonestDoor Price gives you that real-world check today, not next spring.

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

If you own a house in Cashman and selling is on your mind, the timing conversation is real. The HonestDoor Price is down 2.83%, but the predicted value trend is moving back up. Sitting at rank 60 out of 291 neighbourhoods for growth means we are not a slow market - we are an above-average one. Buyers who cannot afford Richford or Ellerslie Industrial are looking at us. That is genuine demand.

If you own a condo, you are holding one of the most valuable assets in Edmonton by price rank. The slight dip in predicted value right now is worth watching, but being ranked 2nd in the city for price means your buyer pool is specific - and motivated. Pricing it right against that $947,500 average sale price is the move. Overpricing a premium product in a cooling micro-trend is the fastest way to sit on the market.

Bottom line for both: do not guess. Pull your HonestDoor Price today, compare it to what your last assessment said, and you will immediately know whether you have room to negotiate or room to celebrate. That gap is your real starting point for any summer selling conversation.

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.