If you've been glancing at your city tax assessment and wondering if it still reflects reality, the short answer is: probably not. The market has moved, and the numbers below tell a more honest story about what's happening on our streets right now.
The two property types in our neighbourhood are telling very different stories this season, and if you own here, it's worth knowing which side of that story you're on.
For those of us with houses in Chateau-D'Eau, things are looking solid. The average HonestDoor Price sits at $361,162 - up 3.41% from the previous period. That's real, measurable growth. The predicted market value comes in at $349,371, which is trending upward from the 3-month moving average of $348,556. Small move, but it's moving in the right direction.
That growth rank is worth a honest look. On the neighbourhood leaderboard, our houses sit at 10th out of 13 comparable areas in Alma. We're not leading the pack, but we're not falling off a cliff either. The 3.41% price increase shows real demand. Compare that to nearby Naudville at a predicted $344,400 - we're ahead of them on value. Quartier-Saint-Georges is priced higher at $440,200, which tells us there's still room for Chateau-D'Eau houses to climb.
We'll be straight with you - the condo picture is softer right now. The average HonestDoor Price for condos is $192,276, down a slight 0.18%. The predicted value of $192,622 is also dipping below the 3-month moving average of $193,533. It's not a freefall, but the momentum isn't there yet.
On the condo leaderboard, we're sitting last - 6th out of 6 comparable neighbourhoods in Alma. That's a number worth taking seriously. Nearby condos in Naudville are averaging $353,300 and Quartier-Saint-Georges is at $344,800. Our condos are priced well below both. That gap could mean opportunity for buyers, but it's a signal for current condo owners to pay close attention to their real-time valuation.
Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know that house prices in Chateau-D'Eau just moved up 3.41%. It doesn't factor in what buyers are actually paying on the street right now.
The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government spreadsheet that gets refreshed once a year. For house owners, that 3.41% increase could mean tens of thousands of dollars your assessment hasn't caught up to yet. For condo owners, it gives you an honest read on where you actually stand - before you make any big decisions.
Waiting for your next tax notice to understand your home's value is like checking last year's weather forecast before heading out the door. Check your HonestDoor Price now, not later.
If you own a house in Chateau-D'Eau and you've been on the fence about listing, the data gives you a reasonable case to move. Prices are up, the predicted value is climbing, and at $93 a night for Airbnb potential, buyers looking for income properties have a reason to pay attention to our neighbourhood. You're also priced below Quartier-Saint-Georges, which means buyers priced out of there are looking our way.
If you own a condo, summer 2025 calls for a clear-eyed strategy. You're priced competitively below most nearby neighbourhoods, which can work in your favour if you position it right. But with a growth rank of 6 out of 6, sitting and waiting for appreciation to do the heavy lifting isn't the play. A sharp list price backed by your current HonestDoor Price - not an outdated assessment - gives you the best shot at attracting serious buyers before the season cools off.
Bottom line: know your real number before you make your move. That's what the HonestDoor Price is for.
château-deau | alma | august 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.