Chambery, Edmonton - October 2026 Real Estate Report
Chambery, Edmonton: Your Neighbour Just Got a Surprise on Their Assessment - Here's Why You Should Check Yours Too
If you live in Chambery and you haven't looked at your HonestDoor Price lately, this is your nudge. The city's assessment and what your home is actually worth right now are two different numbers - and the gap matters when you're making real decisions about money.
The Vibe: What's Happening on Our Streets Right Now
Chambery is a tale of two property types this season, and the story is worth reading carefully before you make any moves.
Houses: Fast-Moving, But Watch the Fine Print
If you've been watching the "For Sale" signs in Chambery, here's what's actually happening with houses. The average sale price sits at $839,667 - up 42.5% from last month. That sounds like a headline, but context matters. Only 3 houses sold, which is down 25% from the month before. Small sample sizes can swing averages hard, so don't read that jump as a full market surge just yet.
What is genuinely encouraging is how fast homes are moving. Our average days-on-market is 21 days, which beats nearby Elsinore at 24 days. On the Edmonton leaderboard, Chambery houses rank 20 out of 116 neighbourhoods for speed of sale - that puts us in the top tier for demand. Buyers are showing up.
- Average sale price (houses): $839,667
- Average list price this month: $1,150,000
- Price per square foot: $507
- Sale-to-list ratio: 95.65% - buyers are paying slightly below asking
- Average days on market: 21 days
- Properties sold: 3 (down 25% from last month)
- Predicted market value (HonestDoor): $648,547
- 3-month moving average: $656,728 - values are easing slightly
- Rental yield: 5.35% - strong for investors
- Estimated monthly rent: $3,071
- Growth rank: 130 out of 285 Edmonton neighbourhoods - above average
- Price rank: 59 out of 285 - above average in Edmonton
The one thing to keep an eye on: the predicted market value of $648,547 is sitting below that 3-month moving average of $656,728, and recent property value change is -1.82%. The market isn't falling off a cliff - it's taking a breather. That's a normal part of any healthy cycle.
Condos: The Quiet Outperformer
Here's where it gets interesting for condo owners in Chambery. While houses are cooling slightly, our condos are doing the opposite. The predicted market value is $679,177 - and it's climbing above the 3-month moving average of $677,367. Recent value change is up 3.86%, and that growth ranks 31 out of 297 Edmonton neighbourhoods. That puts Chambery condos firmly in the top performers category on the Edmonton leaderboard.
- Average HonestDoor Price (condos): $660,622
- Recent price change: down 2.73% from previous period - worth monitoring
- Predicted market value: $679,177
- 3-month moving average: $677,367 - trending up
- Estimated monthly rent: $3,245
- Rental yield: 3.49% - moderate but steady
- Airbnb potential: $158 per night (ranked 32nd in Edmonton - top tier)
- Growth rank: 31 out of 297 Edmonton neighbourhoods
That Airbnb rank of 32 in Edmonton is not a number to scroll past. If you own a condo here and you're not thinking about short-term rental potential, you're leaving money on the table.
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters
Here's the thing about your city assessment. It's a snapshot taken in the past, processed slowly, and it doesn't care what happened in the market last month. The average assessed value in Chambery is $635,055. The average HonestDoor Price is $650,524 - that's 2.44% higher than the assessed value, and it's updated in real time using actual market activity.
That gap isn't huge, but it's real money. On a property in this range, 2.44% is roughly $15,000 to $20,000 that your assessment is quietly ignoring. If you're pricing a sale, negotiating a refinance, or just trying to understand your net worth, the HonestDoor Price is the real-world check - not the number the city mailed you last spring.
With 783 properties assessed in Chambery this year and 36 transactions recorded in 2026, there's enough data here to give you a reliable read. This isn't guesswork.
The "So What?" - Thinking About Selling This Summer?
If you're a Chambery homeowner weighing a summer sale, here's the straight talk.
For house sellers: demand is real - a days-on-market rank of 20 out of 116 tells you buyers are active in our neighbourhood. But the sale-to-list ratio of 95.65% means buyers are negotiating. Price it sharp from day one. Overpricing right now, when values are taking a slight breather, is the fastest way to sit on the market and lose leverage.
For condo sellers: the momentum is on your side. Values are trending up, growth ranks in the top 11% of Edmonton, and short-term rental demand is strong. If you've been waiting for a signal, the data is giving you one.
For everyone: check your HonestDoor Price before you do anything else. Your neighbour's assessment and your assessment are not the same as your market value. Chambery's neighbourhood growth is 0.03% year over year - modest, steady, and real. Compare that to nearby Elsinore at 0.09% or Canossa at 0.05%, and you can see we're in a stable, established pocket of the city rather than a speculative hot zone. That's actually a selling point for the right buyer.
Bottom line: Chambery is not a neighbourhood that makes noise. It just quietly holds its value, moves homes fast, and rewards owners who pay attention to the right numbers. Make sure you're looking at the right ones.
chambery | edmonton | 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.