If you live in Crescent Heights and your last gut-check on home value was your city tax assessment, it is time for a real conversation. The market has moved. Your assessment has not.
The two property types in our neighbourhood are telling very different stories right now, and knowing which one you own matters a lot.
If you own a house here, the news is pretty solid. The average HonestDoor Price sits at $271,352. Yes, that is down a slight 1.37% from the previous period - a small breather, not a freefall. The predicted market value for houses is $275,135, which is actually running a touch above that average, a sign that buyer interest is still real.
The 3-month moving average is $279,806, so values are easing off a recent peak. That is worth watching, but it is not a red flag. On the neighbourhood leaderboard, Crescent Heights houses rank 2 out of 10 for growth among comparable Prince Albert neighbourhoods. That is a top-tier finish. We are not leading the pack by accident.
That 6.03% rental yield is the number landlords should be circling. It signals that if you rent your house out, the income relative to the property value is genuinely competitive. Compare us to Crescent Acres at $423,367 or Carlton Park at $345,541 - both pricier, with no clear growth advantage over us right now.
The condo picture needs a straight-up honest read. The average HonestDoor Price is $138,487, up a modest 0.35% - so values are technically moving in the right direction. But the predicted market value of $138,000 is sitting well below the 3-month moving average of $154,933. That gap is a signal that condo values here have pulled back from a recent high.
On the neighbourhood leaderboard, Crescent Heights condos rank 8 out of 9 for growth. That is a bottom-of-the-pack position, and it is worth being honest about. If you own a condo here and are thinking about selling, timing and pricing strategy matter more right now than in almost any other Prince Albert neighbourhood.
One bright spot - our condo HonestDoor Price of $138,487 still beats nearby Carlton Park at $114,008. We are not at the bottom of the city. But the trend line deserves attention.
Here is the thing about city assessments - they are a snapshot from the past. They are updated on a fixed schedule, which means they can lag the real market by months or even years. The HonestDoor Price is updated in real time using actual sales data and market signals. It is the difference between checking yesterday's weather and stepping outside right now.
For house owners in Crescent Heights, that real-time number is $271,352 to $275,135. For condo owners, it is $138,000 to $138,487. Neither of those figures will show up on your next tax notice until the city catches up. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - the HonestDoor Price is the number that actually reflects today's market, not last year's.
For house sellers, summer 2025 has a reasonable window. We are ranked 2nd for growth in the city, rental demand is strong at over $1,460 per month, and buyers looking at Crescent Acres or Carlton Park are paying $70,000 to $150,000 more for comparable homes. That makes us an attractive alternative for budget-conscious buyers - and that buyer pool is real.
The slight dip from the 3-month moving average means you do not want to wait forever hoping for a higher peak. Price it right against the HonestDoor Price, not against what your neighbour got 18 months ago, and you are in a strong position.
For condo sellers, the honest advice is this - move with intention. The -22.68% shift from the recent moving average means the market has repriced condos here. That does not mean you cannot sell well, but it does mean your list price needs to be grounded in today's data. Use the HonestDoor Price as your anchor. Overpricing right now, in this segment, will cost you time and money.
Bottom line - Crescent Heights is a neighbourhood where house owners have real leverage this summer, and condo owners need a sharp, data-driven strategy. Either way, the HonestDoor Price is your starting point - not the city's paperwork.
crescent heights | prince albert | july 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.