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      Cpr Irvine, Edmonton - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Edmonton, Cpr Irvine

      Cpr Irvine, Edmonton: Your Home Is Worth More Than the City Thinks

      The Vibe Right Now

      If you own a house in Cpr Irvine, the numbers are moving in your favour. The average HonestDoor Price for houses sits at $489,678 - up 6.68% from the previous period. That is not a small bump. On the neighbourhood leaderboard, houses here rank 45 out of 285 comparable Edmonton neighbourhoods for growth. That puts Cpr Irvine houses firmly in the top tier of the city. The 3-month moving average is climbing too, from $453,901 toward a predicted value of $459,035. The trend line is pointing up.

      Condos tell a slightly different story. The average HonestDoor Price for condos is $473,734, up 1.15% from the previous period. But the short-term picture shows a small dip - the predicted value of $468,346 is sitting just below the 3-month moving average of $472,394, and recent values have edged down 0.87%. On the leaderboard, condos rank 168 out of 297 neighbourhoods. That is below average for Edmonton right now. Not a crisis, but worth watching if you are a condo owner thinking about timing.

      • House HonestDoor Price: $489,678 - up 6.68%
      • House growth rank: 45 out of 285 Edmonton neighbourhoods
      • House rental yield: 5.79% - that is a strong return
      • House estimated rent: $1,798 per month
      • Condo HonestDoor Price: $473,734 - up 1.15%
      • Condo growth rank: 168 out of 297 Edmonton neighbourhoods
      • Condo rental yield: 3.90% - moderate but still positive
      • Condo estimated rent: $2,422 per month

      How Cpr Irvine Stacks Up Against the Neighbours

      Here is something worth knowing. If we look at nearby condos, Strathcona Junction is averaging $329,889, Ritchie $364,416, and Queen Alexandra $323,550. Our condos at $473,734 are priced well above all three. For houses, Ritchie comes in at $554,833 and Queen Alexandra at $577,216 - both a step above us. That gap tells us Cpr Irvine houses still have room to run compared to those neighbours, while our condos are already commanding a premium on the block.

      The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

      Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. The market does not wait for paperwork. The HonestDoor Price updates in real time, pulling in actual sales data and current market signals. For Cpr Irvine house owners sitting on a 6.68% gain, that difference between your static assessment and your live HonestDoor Price could represent tens of thousands of dollars you did not know you had. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number that reflects what your home is actually worth today, not last January.

      The So What - Should You Sell This Summer?

      If you own a house in Cpr Irvine, the case for listing this summer is real. A top-45 growth ranking in Edmonton, a 6.68% price increase, and a rental yield of 5.79% all signal that buyers see value here. Demand is not cooling off - it is holding. Listing while momentum is on your side is smarter than waiting to see if that ranking holds through fall.

      Condo owners, the honest take is this - your unit is still worth strong money at $473,734, and you are priced above every nearby neighbourhood we compared. But the short-term dip and a below-average growth rank mean the wind is not quite at your back right now. If selling is on your radar, get your HonestDoor Price updated and have a real conversation about timing. Waiting for the market to re-accelerate is a gamble. Acting on accurate, current data is not.

      Bottom line - do not let an outdated city assessment tell you what your home is worth. Check your HonestDoor Price today and know exactly where you stand.

      cpr irvine | edmonton | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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